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LAHORE: The Pakistan Business Forum (PBF) has urged the federal government and all provincial stakeholders to initiate an immediate and comprehensive revision of the National Finance Commission (NFC) award, stating that an updated fiscal framework is now critical to Pakistan’s governance, economic revival and agricultural transformation. PBF provincial leaders Malik Talat Suhail, M Ashfaq Paracha, Daroo Khan Achakzai, Tariq Jadoon and Malik Khuda Baksh emphasised that the existing distribution formula, shaped nearly 15 years ago, no longer reflects the country’s current economic realities, demographic pressures, climate vulnerabilities and national development…

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ISLAMABAD: In a historic step towards advancing Pakistan’s scientific and technological capabilities, Federal Minister for National Food Security & Research Rana Tanveer Hussain has announced the launch of the country’s first-ever public-private genomics joint venture. This initiative aims to strengthen national research institutions, promote agricultural innovation and improve healthcare through indigenous genomic research and diagnostics. The venture is between the National Institute for Genomics and Advanced Biotechnology (NIGAB), PARC-Agro Tech Company and Blazon Diagnostics. Speaking at the event, Rana Tanveer Hussain emphasised that the joint venture marked a key milestone…

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LAHORE: Punjab Governor Sardar Saleem Haider has remarked that the Governor House serves as a facilitation centre for the business community and will continue to provide all possible support to businesses. He said that the lack of trust between the government and the business community must end, because policies could not be effective unless traders were consulted in the policymaking process. He expressed these views while addressing a meeting at the Lahore Chamber of Commerce & Industry (LCCI). The governor said that the government should formally consult the business community…

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ISLAMABAD: Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik participated in a panel discussion organised by the Pakistan Business Council titled “Climate Resilience: Who Pays the Price for Delay?” The session brought together key stakeholders to discuss the escalating human, economic, and environmental costs of climate inaction. Speaking on the occasion, Malik underscored the devastating impact of climate-induced disasters on Pakistan. He highlighted that approximately 4,700 lives have been lost in the last four major floods, more than any war the country has faced. In addition, nearly…

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Job seekers scrolling LinkedIn and other boards are running into “ghost jobs”. These are roles that appear legitimate on the surface, but in reality may not exist, may have already been filled, or may never have been intended for hiring at all. So how do you avoid them? According to a 2025 study by resume-building service MyPerfectResume, in June 30% of job openings in the US never resulted in a hire, more than 2.2 million roles that did not materialise. That means there were a significant number of people who handed over their…

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KARACHI: The Pakistan Stock Exchange (PSX) witnessed volatile trading on Tuesday as the benchmark KSE-100 index closed in the red because of late-session profit-taking that erased early gains. After touching the intra-day high of 162,820, the index failed to sustain the momentum and slipped to the low of 161,277 before settling at 161,692.49. By the closing bell, the market had recorded a decline of 291.59 points, or 0.18%. Market sentiment weakened towards midday as profit-booking intensified across index-heavy sectors such as oil & gas exploration, banking and power generation. KTrade…

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