Top stories

  1. ECONOMY

    Bangladesh set to overtake India in income per person this year, IMF says

    The IMF puts Bangladesh’s GDP per person at $2,886 this year against India’s $2,749, but India is growing almost twice as fast and is set to regain the lead by 2029.

  2. EMIRATES

    London court revives Ras Al Khaimah’s $273m claim against India over bauxite deal

    The Court of Appeal ruled that an arbitration tribunal was wrong to turn away the Ras Al Khaimah Investment Authority’s case over a cancelled Andhra Pradesh aluminium project.

  3. ECONOMY

    Pakistan and Ethiopia look to link their banks to boost trade

    Finance Minister Muhammad Aurangzeb and Ethiopia’s ambassador also discussed the risks that global conflicts pose to energy and fertiliser supplies, and air links between the two countries.

  4. ECONOMY

    PSX shrugs off rate hike as KSE-100 closes 664 points higher

    Late buying in cement, banking and oil stocks lifted the index to 163,038 on Monday, even as the State Bank raised its policy rate by 50 basis points to 12%.

  5. ECONOMY

    Government orders petrol pump audits after 31,000 miss out on fuel relief

    More than 10,000 discount tokens expired unused, thousands of users were turned away or hit glitches, and stations with fewer than 50 subsidised sales will now be audited.

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0125 October9 min read

Why Afghanistan is called a global hub of terrorism

UN monitors, US intelligence and Russia all warn of terrorist groups operating from Afghanistan, as Pakistan becomes the country most affected by terrorism.

“Provided by the de facto authorities in conjunction with weapons permits and travel documents.”

  1. Through the Maldives, Pakistan stakes a claim to a bigger Indian Ocean role

    A maritime security pact signed during President Muizzu’s visit gives Islamabad a foothold in waters New Delhi has long treated as its own backyard.

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  2. With Badr, four Muslim powers bet on building their weapons together

    Signed in Doha with little fanfare, the Badr memorandum joins Turkish factories, Qatari capital, Pakistani scale and an Indonesian market. Read as industrial policy rather than a pact, it may matter more than it looks.

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  3. Inside the Makkah alliance: DG ISPR on expansion, legal basis and the Muslim world’s test

    DG ISPR Ahmed Sharif Chaudhry details the Makkah alliance's secretariat, its Article 51 legal basis, and a maritime coalition spanning Hormuz and Bab al-Mandeb, in an interview with Independent Arabia.

    2 min read

Westline

How markets and wars dictate society.

Read Westline

The backlog Britain built

Ministers of both parties have spent a decade blaming the people in the queue. The numbers point at the people running it.

Abdullah Esquire

The recent ceasefire between the United States and Iran has provided a fragile window, essentially buying time for real peace-making through deeper negotiations. — FILE/ANADOLU

Isolation to influence

Pakistan’s role in securing the US-Iran ceasefire has opened a narrow but important window for peace, projecting Islamabad as a credible mediator. Yet the ceasefire is only a pause, and Pakistan’s test now lies in turning this diplomatic breakthrough into lasting regional, domestic, and economic gains.

An illustration is shown of former Pakistani prime minister Imran Khan. — ORIGINAL/THE THURSDAY TIMES

Why Imran Khan must become the chancellor of Oxford University

Imran Khan’s bid to become Oxford University's Chancellor while imprisoned symbolises resilience and leadership, offering the institution a global icon committed to justice and education, though critics argue his legal troubles complicate his chances, writes political theorist Gavin Mercer

A file photo is shown of PML(N) president Shehbaz Sharif (R) meeting with PPP co-chairs Bilawal Bhutto-Zardari (L) and Asif Ali Zardari (C) at PCB chair Mohsin Naqvi's residence in Lahore on February 10, 2024. — FILE/THE THURSDAY TIMES

PMLN and PPP agree to form joint federal government in surprise coalition

The PML(N) and PPP have agreed to form a coalition government at both the federal and Punjab levels, following talks between Shehbaz Sharif and PPP leaders Bilawal Bhutto Zardari and Asif Ali Zardari, aiming to tackle Pakistan's political and economic challenges through unity and collaboration.

An illustration is shown of an SIFC moot. — ORIGINAL/THE THURSDAY TIMES

The SIFC is a visionary concept with flawed execution

Pakistan's untapped FDI potential hinges on proactive diplomacy, strategic investment policies, and private sector engagement to transform its economy; empowering ambassadors can unlock opportunities for sustainable growth and development, writes global policy expert Abdul Rauf Shakoori.

Benazir, the pioneer

Benazir Bhutto, twice Prime Minister of Pakistan, was the first woman to lead a democratic government in a Muslim-majority country. Her landmark tenures, from 1988-1990 and 1993-1996, were marked by significant political and social reforms.

Former prime minister Benazir Bhutto is released from jail by General Zia-ul-Haq to fanfare from the Pakistan People's Party on September 9, 1986. — GAMMA-RAPHO/THE THURSDAY TIMES

The enduring impact of the PPP

Over its 55-year history, the Pakistan People's Party has been a transformative force in Pakistan, championing inclusivity and social welfare under the leaderships of Zulfikar Ali Bhutto, Benazir Bhutto, and Asif Ali Zardari, and continuing its legacy with Bilawal Bhutto Zardari.

A combined file photo is shown of former Pakistani president Zulfikar Ali Bhutto in 1965 (L), former Pakistani prime minister Benazir Bhutto in 1995 (C) and former Pakistani foreign minister Bilawal Bhutto-Zardari (R). — FILE/THE THURSDAY TIMES

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