Market touches an intraday high of 175,298.11, while the low is recorded at 173,405.57 KARACHI: Buying momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, as investor sentiment improved amid growing optimism over a potential second round of US-Iran talks aimed at resolving the ongoing conflict. Hopes that diplomacy may progress have weighed on…
New AI startup linked to Jeff Bezos attracts major investors in bid to reshape industry innovation Apple on Monday named longtime hardware boss John Ternus as its next CEO, turning to another insider to steer the iPhone maker after Tim Cook as it navigates a world radically altered by artificial intelligence, a technology it has…
LAHORE: Punjab Assembly Speaker Malik Muhammad Ahmad Khan has declared recent government notifications revising agricultural income tax rates as unlawful and ordered an immediate halt to their enforcement, assessments and collections. The ruling came during the 41st session of the Punjab Assembly on a privilege motion moved by MPA Zulfiqar Ali Shah. The Speaker held…
Crypto scam exploits Hormuz crisis, tricking shipping firms with false promises of safe passage A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province. PHOTO: REUTERS Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to some shipping companies whose vessels are stranded…
Tehran ‘positively reviewing’ its participation in talks, despite earlier ruling them out, but no decision made Pakistani army soldiers patrol at D Chowk near the President’s House, as Pakistan prepares to host the U.S. and Iran for the second phase of peace talks in Islamabad, Pakistan April 21, 2026. PHOTO: REUTERS The United States expressed…
KARACHI: Minister for Railways Hanif Abbasi announced on Monday that work on the 480km long Rohri-Karachi track will start in September with an estimated cost of $2 billion. The minister was addressing a ceremony held in Karachi to mark the initial commencement of The International School Pakistan Railways Campus Karachi aimed at delivering world class…
Crude plunged on Friday after Tehran said it would allow ships to transit the Strait of Hormuz A map showing the Strait of Hormuz, also known as Madiq Hurmuz, and 3D printed oil barrels are seen in this illustration taken March 26, 2026. PHOTO: REUTERS HONG KONG: With the end of a two-week ceasefire approaching,…
. ISLAMABAD: Interior Minister Mohsin Naqvi held separate meetings on Monday with the Iranian and US envoys to discuss arrangements made for a second round of Islamabad Talks between the two warring parties. During a meeting with the Iranian Ambassador Reza Amiri Moghaddam, matters related to preparations for the talks were discussed. Both sides emphasised…
ISLAMABAD: Lahore is back on Pakistan Tehreek-e-Insaf’s radar, as Khyber Pakhtunkhwa Chief Minister Sohail Afridi plans a return to the province in a bid to revive the party’s fading political presence. The proposed visit, following a planned trip to Kashmir on April 25 to mark PTI’s foundation day, is scheduled for May 1 and comes…
Naphtha plant faces Chinese financing delays as FPCCI pushes for capital infusion KARACHI: Pakistan cannot transform its export mix to China without targeted investment in value-added production, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Saquib Fayyaz Magoon has said during a meeting with Consul General Shahzad Ahmed in Shanghai, according…