KARACHI: Gold prices recorded a sharp increase in both international and local markets on Friday. In the international bullion market, the price of gold rose by $122 per ounce to $4,185. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the local price of gold per tola increased by Rs12,200 to Rs440,936, while the…
The National Senior & Junior Padel Ranking Cup 2026 will be held from July 3-5, 2026 at Sport On, Clifton, Karachi. This was announced by Pakistan Padel Federation (PPF) on Thursday. The prestigious event will be held under the umbrella of the International Padel Federation (FIP). It will bring together Pakistan’s finest padel athletes in…
KARACHI: The KSE-100 index closed at over 185,370 points on Friday, gaining around 850 points as selective buying in commercial banking and oil and gas sectors kept the market in positive territory. The benchmark extended its upward momentum for another session, supported by healthy trading activity. A total of 314 million shares were traded in…
Court says judges must examine a relationship’s origins and whether a woman’s consent was freely given LAHORE: The Lahore High Court (LHC) on Friday laid down important legal principles for lower courts adjudicating disputed love marriage cases, ruling that a registered nikahnama or even a woman’s earlier harassment petition cannot, by themselves, conclusively establish a…
Total deposits stand at $22.1b; gold jumps Rs9,100/tola as global rally gains pace on US employment report KARACHI: The central bank’s foreign exchange reserves recorded a healthy increase during the week ended June 24, 2026 as they rose $611 million to reach $16.53 billion. The increase was mainly driven by government inflows from multilateral institutions,…
For many historians, academics, concern is not celebration of founding era but what they believe is being left out People walk past the President’s House Site in Philadelphia, Pennsylvania, U.S., May 1, 2026. REUTERS/Hannah Beier A few minutes’ walk from Philadelphia’s Independence Hall, where the nation’s founding ideals were debated and declared, another part of…
KARACHI: The State Bank of Pakistan (SBP) has discontinued the Telegraphic Transfer Charges Incentive Scheme (TTCIS) with effect from July 1, 2026, ending the reimbursement mechanism under which banks were compensated for waiving telegraphic transfer charges on eligible home remittance transactions. In a circular issued on Thursday, the central bank said the scheme stood withdrawn…
Regulator says it remained in close coordination with Transworld Associates (TWA) throughout the disruption ISLAMABAD: Internet services across Pakistan have returned to normal after a fault in the SEA-ME-WE 5 (SMW5) international submarine cable system was repaired, the Pakistan Telecommunication Authority (PTA) said on Friday. PTA said on Thursday that it was monitoring disruption to…
Says India has evolved into a ‘police state,’ where freedom of expression and press remain under state control ISLAMABAD: A senior security official briefed media influencers on India’s regional posture and internal developments, saying New Delhi was attempting to divert attention from its domestic challenges by pursuing policies aimed at creating instability across the region,…
LAHORE: The government’s decision to reduce the completely built-up unit (CBU) tariff on two-wheelers while maintaining the same tariff for completely knocked-down (CKD) units and parts may prove to be counter-productive for the auto industry in the absence of a structured, time-bound roadmap, say industry stakeholders. According to the new tariff applicable from July 1,…