PSX rebounds 546 points on oil price fall

KARACHI: Pakistan Stock Exchange (PSX) rebounded on Friday as the benchmark KSE-100 index gained almost 550 points to settle near 176,100, supported by a decline in global oil prices and reports that Pakistan was seeking to reinitiate diplomatic negotiations to ease tensions in the Middle East. At the close of trading, the KSE-100 posted a…

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FIFA scraps private investment plan

FIFA President Gianni Infantino says the global football governing body is scrapping a controversial proposal to allow private investment in marquee events. Photo: AFP/File PARIS: FIFA president Gianni Infantino said on Saturday he has scrapped a plan to allow private investment in the World Cup following fierce backlash from football officials worldwide. “Our purpose has…

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Born to mine, doomed to die

A devastating coal mine accident in the Spin Karez area on the outskirts of Quetta has claimed the lives of 34 miners from Shangla, plunging the district into mourning and once again exposing the heavy human cost of Pakistan's hazardous mining industry. The workers were several thousand feet underground carrying out routine mining operations on…

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PRA seals three premises

LAHORE: The Punjab Revenue Authority (PRA) has intensified its enforcement campaign against tax defaulters across the province, sealing three premises, including a hotel, for tax non-compliance in Lahore and other cities. According to a PRA spokesperson, the action was taken after tax evasion was established and repeated violations of tax laws were detected. Dozens of…

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India’s Modi says punishing student protesters will not resolve situation

Authorities file cases against hundreds of demonstrators after some clash with forces, shouted abusive slogans ​at PM The Cockroach Janta Party protests have emerged as one of the biggest challenges to Prime Minister Narendra Modi’s government. PHOTO:AFP Indian Prime Minister Narendra Modi said he wanted to forgive students who hurled expletives at him during protests…

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Panel to review WB’s federalism report

Prime Minister Shehbaz Sharif addresses the inauguration ceremony of the Sky47 AI cloud and data centre in Islamabad on Friday. SCREENGRAB ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said Pakistan’s constitutional federal structure, provincial autonomy and cooperation and consultation between the federation and the provinces were of fundamental importance for the country’s development and stability….

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SPI slips below double digits despite ME war

Index eases to 9.05% YoY; week-on-week tomato, chicken prices fall; diesel and petrol costs rise KARACHI: The Sensitive Price Indicator (SPI) for the week ended July 30, 2026 recorded a year-on-year increase of 9.05%, slipping below the double-digit threshold despite escalating tensions between the United States and Iran in the Middle East and the resultant…

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Fatima Jinnah’s birth anniversary marked

. SIALKOT: Government College Women University Sialkot (GCWUS) on Friday paid tribute to Madar-e-Millat Fatima Jinnah on her birth anniversary, recognising her contributions to the Pakistan Movement, women’s political empowerment and national development. In a statement, the university said Fatima Jinnah, born on July 31, 1893, in Karachi, stood steadfastly alongside her brother, Quaid-e-Azam Muhammad…

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