Stocks fall 1,581 points as Gulf tensions flare

KARACHI: Pakistan Stock Exchange (PSX) ended Wednesday’s trading session on a weak note, where the benchmark KSE-100 index lost 1,580.90 points, or 0.89%, to settle at 176,042.99 amid renewed selling pressure. The index remained in negative territory for most of the session, moving between the intra-day high of 176,935.03 and the low of 175,631.74. The…

Read More

Nine policemen martyred, 28 injured in terror attack on police checkpost in K-P’s Hangu

K-P IG says 15 terrorists killed, several others injured in retaliatory operation PESHAWAR: Nine policemen, including Deputy Superintendent of Police (DSP) Diyar Khan, were martyred and 28 others, including DSP Mujahid Hussain, were injured after terrorists attacked the Khazina Banda police check post in Khyber-Pakhtunkhwa’s Hangu district late on Wednesday, while police killed 15 terrorists…

Read More

Helicopter crash in Argentina kills seven

Seven people died when a firefighting helicopter in Argentina’s western San Juan province crashed on Wednesday, a local official said. The Bell 412 aircraft was used to combat forest fires in San Juan’s Ischigualasto natural park. “With profound sorrow we received the news of the helicopter accident that occurred in our province, in which seven…

Read More

Internet services restored in Muzaffarabad

Prolonged disruption had affected communication, digital banking, businesses and journalists MUZAFFARABAD: Internet services were restored in Muzaffarabad on Wednesday night, 53 days after broadband connectivity was suspended on June 6 bringing relief to residents, businesses, journalists and other users who had struggled to access online services. Broadband internet services were restored at around 10pm Wednesday…

Read More

Jamshoro plant to fully switch to Thar coal

JAMSHORO: A stakeholder meeting was held at the Thar Block-1 mine site to advance discussions on the supply of indigenous Thar coal for the 660-megawatt Jamshoro power project. The meeting was attended by K-Electric (KE) Chairman Shaheryar Arshad Chishty, Thar Coal Energy Board MD Tariq Ali Shah, Sino Sindh Resources Limited (SSRL) CEO Li Jigen,…

Read More

Pakistan, Kuwait forge defence partnership

FO says accord institutionalised cooperation Hails it as another important milestone in ties Kuwaiti FM commends STRATEGIC PARTNERSHIP: PM Shehbaz Sharif welcomes Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah prior to their meeting at the Prime Minister House. PHOTO: NNI ISLAMABAD: Pakistan on Wednesday welcomed Kuwait’s ratification of the Pakistan-Kuwait Defence Cooperation Agreement, as…

Read More

Bilawal seeks to shield coalition from AJK poll rift

PPP Chairperson Bilawal Bhutto-Zardari addresses a PPP workers’ convention in Muzaffarabad on July 29—PPP MUZAFFARABAD: PPP Chairman Bilawal Bhutto Zardari on Wednesday said his criticism of alleged irregularities in the Azad Jammu and Kashmir (AJK) elections would not endanger the party’s coalition with the PML-N at the Centre, but warned that the alleged rigging and…

Read More

AJK police say JAAC working under ‘specific agenda’

. A police officer stands guard beside a convoy of vehicles for police patrol in Muzaffarabad. Photo: REUTERS MUZAFFARABAD: Azad Jammu and Kashmir (AJK) Police spokesperson Senior Superintendent of Police (SSP) Khawar Ali Shaukat on Wednesday said the proscribed Joint Awami Action Committee (JAAC) was operating under an “agenda” aimed at destabilising the region, accusing…

Read More