Gold slides on ceasefire hopes, US jobs data

In the local bullion market, the price of gold per tola fell to Rs452,233 after a decline of Rs3,094 KARACHI: Gold prices in Pakistan declined on Monday in line with a subdued international market trend, as easing geopolitical risk from reports of a possible Israel-Iran ceasefire and stronger-than-expected US labour data kept bullion under pressure,…

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Pakistan Post chief drives modernisation push

. ISLAMABAD: Director General Pakistan Post, SQN LDR (retd) Maqsood Ahmed, a senior BS-21 officer of the Government of Pakistan, is spearheading the modernization and transformation of the national postal network through visionary leadership, policy innovation, and institutional reform. According a statement issued by Pakistan Post, he is also driving the organization for organizational growth,…

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Senate exceeds austerity target by 500%

ISLAMABAD: The Senate has surrendered Rs1.436 billion savings to the national exchequer through an austerity and expenditure rationalisation programme, exceeding the target prescribed by the Finance Division by 500 per cent and setting what officials termed a new benchmark for fiscal discipline. The amount makes up 15.9 per cent of the upper house’s total budget…

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AJK PM offers fresh talks amid clashes

KARACHI: Prime Minister Raja Faisal Mumtaz Rathore has offered to restart negotiations with the JAAC, urging protesters to return to the dialogue table. Meanwhile, fatal clashes in Azad Jammu and Kashmir (AJK) have sparked competing accounts over casualties, governance grievances and political legitimacy, with official sources confirming at least seven deaths. According to official statements,…

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PPP grabs lion’s share of G-B seats

GILGIT: The Pakistan Peoples Party (PPP) has emerged as the single largest party in the Gilgit-Baltistan (G-B) Assembly following Sunday’s general elections in the region, according to unofficial and unverified results received on Monday. According to the preliminary data, the PPP managed to secure 10 seats, followed by the Pakistan Muslim League-Nawaz (PML-N) with six…

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FO warns UK diaspora over AJK interference

ISLAMABAD: The Foreign Office on Monday rejected what it termed “irresponsible and ill-informed insinuations” made by certain members of the diaspora in the United Kingdom regarding Azad Jammu and Kashmir (AJK) amid the unrest in the territory. The statement follows deadly clashes in AJK’s Rawalakot, where the newly proscribed Joint Awami Action Committee (JAAC) had…

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Pakistan, US pin hopes on diplomacy

ISLAMABAD: Pakistan and the United States appear to be aligned in their assessment that diplomacy still has a chance despite the latest exchange of missiles between Iran and Israel, with Prime Minister Shehbaz Sharif on Monday urging all sides to exercise restraint and “give peace a little more chance”. In a statement posted on X,…

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Severe ICU bed shortage grips hospitals

According to official figures, major hospitals across the K-P have limited ICU capacity PESHAWAR: As Muhammad Owais rushed through the corridors of Khyber Teaching Hospital in a desperate search for an intensive care unit (ICU) bed for his critically ill mother, every passing minute diminished her chances of survival. Hospital staff told him that no…

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