KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Friday extended its losing streak, declining over 900 points to settle near 165,600 as selling pressure persisted throughout the week. The market witnessed a bearish run in every session in the outgoing week, resulting in a 3.2% week-on-week loss. Despite the downturn, analysts…
Opposition links jail restrictions to political crisis; govt cites legal, judicial framework ISLAMABAD: The issue of access to jailed PTI founder Imran Khan dominated proceedings across both Houses of Parliament on Friday, with the National Assembly witnessing opposition threats of protest from Monday, while the Senate saw demands for a parliamentary committee to visit political…
Signals acceptance of 20-year halt to enrichment Araghchi says Pakistan’s mediation process facing difficulties Vessels are seen in the Strait of Hormuz off Musandam, Oman. Photo: REUTERS DUBAI/ ABOARD AIR FORCE ONE: United States President Donald Trump said on Friday that indicated that he could accept a 20-year halt to Iran’s nuclear activity…
Prime Minister Shehbaz Sharif speaks with members of a Chinese delegation in Islamabad. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Friday appreciated IBI Group’s decision to establish its Pakistan Digital Economy Headquarters and expressed satisfaction at the expanding business-to-business (B2B) cooperation between Pakistan and China. He was talking to a high-level 11-member Chinese business…
ISLAMABAD: The federal government on Friday reduced the prices of petrol and high-speed diesel by Rs5 per litre each for the next week, according to a notification issued by the Petroleum Division. Under the revised prices, high-speed diesel will cost Rs409.58 per litre, while petrol will be available at Rs409.78 per litre. The Petroleum Division…
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari. SCREENGRAB QUETTA: PPP Chairman Bilawal Bhutto Zardari has put an end to swirling rumours of political upheaval in Balochistan by declaring that Chief Minister Mir Sarfraz Bugti will serve his complete five-year term. Speaking to PPP workers at the Chief Minister’s Secretariat on Friday, Bilawal showered praise…
ISLAMABAD: Pakistan on Friday announced the successful repatriation of 11 Pakistani nationals along with 20 Iranian citizens who had been aboard vessels seized by the United States in international waters, in the latest sign of Islamabad’s growing diplomatic engagement linked to the ongoing Iran-US tensions. Deputy Prime Minister and Foreign Minister Ishaq Dar said all…
. LAHORE: Chairman of Pakistan Ulema Council and Secretary General of International Tazeem-e-Haramain-e-Sharifain Council, Hafiz Muhammad Tahir Mehmood Ashrafi on Friday urged Hajj and Umrah pilgrims to strictly observe the laws and code of conduct issued by Saudi authorities while upholding the sanctity and respect of the Two Holy Mosques.Addressing a Friday congregation, Ashrafi said…
WASHINGTON: Israel and Lebanon agreed on Friday to extend their ceasefire by 45 days and continue negotiations towards a broader political settlement, even as Israeli strikes in southern Lebanon and Gaza highlighted the continued volatility across the region. The extension was announced after two days of talks in Washington involving Israeli and Lebanese officials under…
Minister assures facilitation for SME exporters as association proposes Heimtextil event ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan met a delegation of the All Pakistan Bedsheets and Upholstery Manufacturers Association (APBUMA) to discuss export marketing, branding, international market access, trade financing and issues facing small and medium enterprises (SMEs), according to a statement issued…