KSE-100 adds 118 points in a volatile session as investors seek clarity on all fronts KARACHI: The Pakistan Stock Exchange (PSX) ended Wednesday’s session on a subdued note, with the benchmark KSE-100 index posting a marginal gain as investors paused for breath after the market’s recent record-breaking rally. The benchmark index settled at 180,511.02…
‘The Founding Memory of a Nation’ exhibition marks the 150th anniversary of Jinnah’s birth ISTANBUL: An exhibition commemorating the 150th anniversary of the birth of Pakistan’s founder, Muhammad Ali Jinnah, opened in Istanbul on Tuesday. Titled “The Founding Memory of a Nation,” the exhibit was organized by the Pakistani Embassy in Ankara in cooperation with…
Demands apology, calls on scholar to remove all content within stipulated period or face legal consequences Religious Scholar Allama Nasir Madani and Actor Momina Iqbal. Photo: Files Actress Momina Iqbal on Wednesday sent a legal notice to religious scholar Nasir Madani demanding Rs190 million in damages, statement retraction and public apology within a week over…
The government wants to accelerate economic growth to lower rising poverty and unemployment, but the IMF was of the view that Pakistan has not yet reached a stage where it can afford sustainably higher economic growth. PHOTO: Reuters ISLAMABAD: The government said on Tuesday that taxes on the import of used cars have been reduced…
Adviser to Finance Minister Khurram Schehzad says country posts a $459m current account surplus in May Pakistan’s technology exports reached $4.2 billion during the first 11 months of FY2026, while the country posted a current account surplus of $459 million in May, according to figures shared on Wednesday by Adviser to the Finance Minister Khurram…
‘We are witnessing the rise of a new axis,’ says Diaspora Affairs Minister Amichai Chikli amid Netanyahu criticism Diaspora Affairs Minister Amichai Chikli. PHOTO: ANADOLU AGENCY The “Türkiye-Qatar-Pakistan axis is worrying” for Tel Aviv, an Israeli cabinet minister said on Wednesday. “What we are witnessing is the rise of a new axis,” Diaspora Affairs Minister…
KARACHI: Pakistani jewellers on Tuesday launched a powerful nationwide strike against alleged harassment and unjust tax demands by the Federal Board of Revenue (FBR), completely shutting down shops across major cities, including Karachi. Traders gathered in protest in Karachi, with Qasim Shikarpuri addressing the demonstrators. “We went to Islamabad, but our issues were not resolved….
The Pakistan Meteorological Department (PMD) on Wednesday forecast dusty winds and light rain in Karachi till Friday, along with thunderstorms and heavy showers in the northern districts of Sindh, as a westerly weather system continued to affect the region. The Met Office predicted intermittent drizzle, light showers and scattered rainfall in parts of Karachi during…
PML-N wins six seats to become the second-largest party, IPP emerges as the third-largest G-B Chief Election Commissioner (CEC) Raja Shahbaz Khan. Photo: Courtesy — Radio Pakistan ISLAMABAD: Gilgit-Baltistan Chief Election Commissioner Raja Shahbaz Khan on Wednesday said the results of all 24 constituencies had been finalised nearly 10 days after polling, with the Pakistan…
KARACHI: The demand for Iranian currency has surged once again, leading to a significant increase in its value in Pakistan’s open currency market. Following an agreement between the United States and Iran to halt the Middle East war and easing uncertainty about global oil prices, the value of 10 million Iranian rials in the local…