The Competition Commission of Pakistan (CCP) expanded its market research activity in 2025, releasing competition assessment studies covering key sectors, including insurance, power, gold, pesticides, steel, LNG, road infrastructure, sugar and fertiliser. According to a statement issued on Monday,the Commission also established a Centre of Excellence in Competition Law (CECL) to support evidence-based policymaking and […]
Telecom service providers have hit out at the government over linking the auction of 5G spectrum with the US dollar, saying this policy places financial strain on the telecom industry and delays network rollout. Pricing spectrum in foreign currency and relying on heavy upfront payments places avoidable financial strain on the sector and slows network […]
India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says the companies failed to produce from offshore fields, according to three people with knowledge of the matter. A tribunal has been hearing the dispute in India since 2016 over gas produced from two deep-water […]
A rare landspout was sighted in the coastal city of Gwadar on Monday ahead of an approaching western disturbance expected to bring rainfall to parts of the country. The unusual weather phenomenon was observed rising from the ground towards the sky, forming a visible column of rotating air that caught the attention of residents in […]
A fire at a nursing home on the Indonesian island of Sulawesi killed more than a dozen people, with three others injured, a local official said Monday. Firefighters received the report of the blaze at 8:31 pm Sunday at a nursing home in the North Sulawesi provincial capital Manado, said the city’s fire and rescue […]
The Peshawar High Court has declared ineffective a petition seeking a ban on cryptocurrency and digital forex trading in Pakistan. The bench, comprising Justice Naeem Anwar and Justice Kamran Mian Khail, heard the petition filed by Barrister Huzaifa Ahmed, with the eight-page judgment authored by Justice Kamran Hayat Mian Khail. The petitioner argued that online […]
A train carrying 250 people derailed partially on Sunday in Mexico, killing 13 people and injuring 98, officials said. The train’s locomotive left the tracks during a trip in southern Oaxaca state, said the Mexican navy, which operates this particular rail line. The navy had initially reported 20 people injured, but hours later announced in […]
Thailand’s army accused Cambodia on Monday of violating a newly signed ceasefire agreement, reached after weeks of deadly border clashes, by flying more than 250 drones over its territory. The Southeast Asian neighbours agreed to the “immediate” ceasefire on Saturday, pledging to end renewed border clashes that killed dozens of people and displaced more than […]
Sudan profited from a late own goal to beat Equatorial Guinea 1-0 at the Africa Cup of Nations finals on Sunday, picking up their first points of the tournament in Morocco. Mohamed Eisa’s free kick in the 74th minute was cleared by Equatorial Guinea’s Luis Asue but struck teammate Saul Coco and ricocheted back past […]
Veteran England batsman Joe Root has said it would be “silly” to change England’s management team after losing the Ashes, with players “absolutely committed” to the current set-up. England meekly surrendered the famous urn after just 11 days of play with back-to-back eight-wicket defeats in Perth and Brisbane and an 82-run loss at Adelaide. Their […]