ogood2054

Housing crisis deepens as 63% lack shelter

Survey shows 22% rural households spend 40% income on housing as deficit exceeds 10m units KARACHI: Housing quality and living conditions in Pakistan reveal a stark contrast between urban and rural areas, reflecting not just numbers but the everyday realities faced by millions of families across the country. While homeownership rates stand at 52% in…

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Pakistan strongly condemns Israeli aggression against Lebanon: FO

Calls on international community to take urgent, concrete steps to end aggression Foreign Office Spokesperson Tahir Andrabi speaking at a press briefing today on Thursday, March 26. PHOTO: SCREENGRAB Pakistan on Thursday strongly condemned Israeli aggression against Lebanon, citing the loss of innocent lives and widespread destruction of infrastructure, according to the Ministry of Foreign…

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Pakistan must turn diplomacy into economic success

Islamabad well positioned to deepen energy & trade ties, establish rail & road transit corridor with Iran LAHORE: When Pakistan’s Prime Minister Shehbaz Sharif posted a carefully worded appeal on X in the early hours of Wednesday, requesting President Trump to extend his deadline by two weeks and simultaneously urging Iran to open the Strait…

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PSX dips slightly in post-rally consolidation

The Pakistan Stock Exchange (PSX) witnessed a mixed trading session by midday on Thursday, April 9, 2026, as the benchmark KSE-100 Index hovered around the 165,700–166,800 level after opening near its previous close of 165,811 points. According to the latest available data, the index stood at approximately 165,736 points, reflecting a marginal decline of about…

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Pakistan’s envoy to US hails diplomacy for successful US-Iran ceasefire

‘This is a victory for diplomacy and dialogue,’ Rizwan Saeed Sheikh says in interview with CNN Pakistan’s Ambassador to the United States Rizwan Saeed Sheikh. Photo: Screengrab Pakistan’s Ambassador to the United States Rizwan Saeed Sheikh said that Pakistan had been working diplomatically for weeks, and the successful announcement of the ceasefire between US and Iran, and…

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PSX cheers peace with record spike

KARACHI: The Pakistan Stock Exchange (PSX) erupted in jubilation on Wednesday, registering its highest single-day gain of over 14,000 points (+9%) in history, as investors cheered the global peace momentum brokered by Pakistan and easing tensions between the United States and Iran. As trading commenced in the morning, the KSE-30 index rallied sharply, which sparked…

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Businessmen for building gas line

Businessmen Group (BMG) Chairman Zubair Motiwala expressed optimism that the 15-day ceasefire would continue ublic-sector gas utilities are operating with a guaranteed rate of return – a formula that should be revised to run them on a commercial basis. Photo: file KARACHI: Businessmen of Karachi, while terming the US-Iran ceasefire a big achievement, have said…

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