Business Recorder

Surplus teachers: Sindh prepares golden handshake scheme

KARACHI: The Sindh Education Department has prepared a new policy aimed at addressing staffing imbalances in schools, including a proposed golden handshake scheme for surplus teachers and administrative reforms in recruitment procedures. Under the…

#Sindh

Business Recorder

May OMC sales plunge 23pc YoY on higher fuel prices

KARACHI: Pakistan’s oil marketing companies (OMCs) witnessed a sharp decline in petroleum product sales during May 2026 as elevated fuel prices weighed on consumption, with total industry sales falling 23 percent year-on-year and 14 percent month-…

#OilPrices

Business Recorder

BA Nasir made Chairperson of Benami Authority

ISLAMABAD: The federal government has appointed BA Nasir as Chairperson, Benami Adjudicating Authority, with immediate effect. According to a notification issued by the Federal Board of Revenue (FBR) on Tuesday, consequent upon approval of the Fed…

Business Recorder

Toshakhana corruption case: special court adjourns hearing

ISLAMABAD: A Special Judge (Central) on Tuesday adjourned the hearing of the six-year-old Toshakhana corruption case involving President Asif Ali Zardari, former prime ministers Nawaz Sharif and Yousaf Raza Gilani, along with several other accused…

Business Recorder

Occupied Jerusalem: States reject any bid to alter historical and legal status

ISLAMABAD: The Group of Eight Muslim and Arab States on Tuesday reaffirmed their categorical rejection of any attempts to alter the historical and legal status quo in occupied Jerusalem and its Islamic and Christian holy sites, and stressed on its…

#AlAqsaMosque

Business Recorder

PTI condemns ‘grave violations’ of electoral process in G-B

ISLAMABAD: The beleaguered Pakistan Tehreek-e-Insaaf (PTI) on Tuesday levelled serious allegations of electoral malpractice in Gilgit-Baltistan, drawing comparisons with rigging during the February 8, 2024 general elections. PTI spokesman Sheikh W…

#PTI #Election

Business Recorder

FCC rules higher courts authorised to issue writs

ISLAMABAD: The Federal Constitutional Court (FCC) on Tuesday declared that, under Article 199(1)(c) of the Constitution of 1973, high courts have the authority to issue writs and grant affirmative directions for the enforcement of fundamental righ…

Business Recorder

Bilawal addresses rally in Skardu ahead of G-B polls

SKARDU: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Tuesday pledged to expand constitutional and economic rights for Gilgit-Baltistan, defended his party’s welfare programmes and highlighted Pakistan’s nuclear and missile capa…

#BilawalBhutto #Skardu

Business Recorder

Pakistan projected to post 21-year low budget deficit in outgoing FY26

Pakistan is projected to post a 21-year low budget deficit of 3.6% of GDP (gross domestic product) in the outgoing fiscal year 2025-26 (FY26), showing the government is maintaining a tight fiscal discipline under the ongoing International Monetary…

#Budget202627 #EconomicCrisis

Business Recorder

Trump says Iran talks happening ‘continuously’

WASHINGTON: President Donald Trump said Tuesday that the United States and Iran were speaking “continuously,” denying reports that Tehran had broken off contact over Israel’s attacks on Lebanon. Trump added that “one never knows” where the negotia…

#Trump #IranNegotiation