Pakistan

83rd Golden Globe Awards: A star-studded night

83rd Golden Globe Awards: A star-studded night

The 83rd Golden Globe Awards took place on Sunday, January 11 (US time), officially opening the race to the 2026 Academy Awards. The event honoured the best work in films, television, and entertainment from the past year. The biggest success of the night was Paul Thomas Anderson’s One Battle After Another, which won four major awards, including Best Director. The …

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Iran declares three days of mourning for martyrs

Iran declares three days of mourning for martyrs

Tehran has announced three days of national mourning for those it describes as “martyrs” killed during two weeks of unrest across the country, including members of the security forces. State media reported that at least 100 security personnel have been killed in recent days. Opposition activists, however, say the death toll is significantly higher and includes dozens of protesters. The …

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Gas leakage explosion injures eight in Lahore

Gas leakage explosion injures eight in Lahore

Gas had leaked into a room of the house, and the explosion occurred when a heater was switched on, said rescue person Web Desk January 12, 2026 Lahore: At least eight people sustained burn injuries after an explosion caused by a gas leak in a house near Attari Darbar on Ferozepur Road on Monday. According to a Rescue spokesperson, gas …

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Trump says he and US military weighing ‘strong options’ on Iran

Trump says he and US military weighing ‘strong options’ on Iran

Washington: US President Donald Trump said the United States is considering “very strong options” in response to developments in Iran, as reports indicated civilians may have been killed, prompting heightened military review. “They’re starting to, it looks like, and there seem to be some people killed that aren’t supposed to be killed,” Trump told reporters aboard Air Force One on …

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Opportunities, constraints and policy choices – Pakistan & Gulf Economist

Opportunities, constraints and policy choices – Pakistan & Gulf Economist

The choices made in 2026 will shape Pakistan’s economic direction for years to come As Pakistan steps into 2026, its economy finds itself at a defining juncture. After years of macroeconomic volatility marked by inflation spikes, external account pressures, and climate-induced shocks, the coming year presents a mix of cautious optimism and persistent vulnerability. Growth is returning, but at a …

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IMF reforms set stage for Pakistan’s growth in 2026 – Pakistan & Gulf Economist

IMF reforms set stage for Pakistan’s growth in 2026 – Pakistan & Gulf Economist

Energy sector viability and tax enhancements promise private investment rebound and sustainable economic growth Pakistan’s economy stands at a pivotal juncture in 2026, propelled by the International Monetary Fund’s (IMF) $7 billion 37-month Extended Fund Facility (EFF), approved on September 25, 2024. This program emphasizes structural reforms to restore fiscal stability, catalyze private investment rebound, and foster sustainable growth amid …

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Commercial banks likely to post good results – Pakistan & Gulf Economist

Commercial banks likely to post good results – Pakistan & Gulf Economist

Digital adoption and higher remittance flows will boost fee income and sustain sector profitability Improving macroeconomic conditions, with moderating inflation and expected monetary easing, are set to accelerate credit growth and strengthen banking activity. Rising deposit inflows, supported by formalization of the economy, expanding digital payments, and steady remittance channels, will reinforce funding stability. Meanwhile, transitioning towards an Islamic banking …

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Free market economy and cartels – Pakistan & Gulf Economist

Free market economy and cartels – Pakistan & Gulf Economist

Antitrust laws provide level playing field and encourage fair competition protecting consumers from monopolistic practices The modern business has evolved through various phases from Industrial revolution that started in 1760 to modern digital era. The industrialists, during these phases, resorted to different commercial strategies to maximize their profits. However, these ambitious investments resulted in more factories and service providers triggering …

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Islamic banking, finance assets to hit $6 trillion in 2026 – Pakistan & Gulf Economist

Islamic banking, finance assets to hit  trillion in 2026 – Pakistan & Gulf Economist

Islamic finance is well-positioned to emerge as a mainstream pillar of resilient global finance. The global Islamic finance industry has steadily evolved from a niche, alternative financial system into a systemically important component of the international financial architecture. Grounded in Shariah principles that emphasise risk sharing, asset-backed transactions, and social justice, Islamic finance today represents a diversified ecosystem encompassing banking, …

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Jaecoo J5 price and specifications revealed in Pakistan

Jaecoo J5 price and specifications revealed in Pakistan

Nexgen Auto has officially announced the introductory ex-factory prices of the JAECOO J5 SHS HEV, further expanding its hybrid SUV range in Pakistan. According to the company, the JAECOO J5 SHS HEV Comfort variant is priced at Rs. 6,699,000, while the Premium variant is available for Rs. 7,699,000. Nexgen Auto said these introductory prices will remain applicable until March 10, …

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