PSX jumps 5% on US-Iran peace hopes

KARACHI: The Pakistan Stock Exchange (PSX) registered a strong rebound in the outgoing week as the KSE-100 index surged 5%, or 8,122 points, to close at 171,116, driven by optimism over a potential peace deal between the United States and Iran. On a day-on-day basis, the PSX commenced the week on a positive note, with…

Read More

India misread Islamabad’s peace intentions: envoy

Pakistan’s Ambassador to the US Rizwan Saeed Sheikh has said that India miscalculated Islamabad’s desire for peace as weakness during a ceremony held at the Pakistan Embassy in Washington on Saturday to mark the completion of one year of the historic victory of Marka-e-Haq. Addressing the ceremony, Sheikh said during the Marka-e-Haq, Pakistani forces, civil…

Read More

PPL brings Faiz X-1 well on stream after decade

KARACHI: Pakistan Petroleum Limited (PPL) has successfully commissioned Faiz X-1 Deep (Basal Sand) at its operated Gambat South Block in Sanghar, Sindh, according to a statement issued on Saturday. Production was ramped up in stages since its commissioning on February 25, 2026, currently flowing about 3.6 million standard cubic feet per day (MMscfd) of gas…

Read More

15 policemen martyred, three injured in Bannu suicide attack on checkpoint

Rescue teams pull 3 police officers alive from rubble; search, rescue efforts still underway Rescue and search operations continue after terrorists rammed an explosives-laden vehicle into the Fateh Khel police checkpoint in Khyber-Pakhtunkhwa’s Bannu district late Saturday night martyring 12 police personnel. PHOTO: EXPRESS DERA ISMAIL KHAN: At least 15 police personnel were martyred and…

Read More

Pakistan, Bangladesh to combat drug trafficking

Naqvi signed on behalf of the Government of Pakistan, while Ahmed signed on behalf of the Bangladeshi government ISLAMABAD: Pakistan and Bangladesh on Saturday signed a memorandum of understanding (MoU) to enhance cooperation in combating drug smuggling, narcotics trafficking and drug abuse, with both sides agreeing to boost security ties. According to a statement issued…

Read More

Govt mulls incentives for priority sectors

Various proposals relating to fiscal support, trade facilitation and sector-specific incentives were reviewed ISLAMABAD: A high-level meeting was held under the chairmanship of Federal Minister for Economic Affairs Ahad Cheema to review export promotion schemes and policy options for the upcoming federal budget, with a focus on strengthening Pakistan’s exports and supporting priority sectors through…

Read More

Top Gun, inverted

As the United States and Iran continue to trade barbs and blows amid a tenuous ceasefire and cagey back-channel diplomacy over a possible end to the war, recent investigative reports by American outlets The Washington Post, CNN and NBC News have revealed that Iranian strikes inflicted far more extensive damage on American military bases and…

Read More