Opposition, treasury benches exchange sharp remarks as sixth day debate continues in heated atmosphere KARACHI: The Sindh Assembly on Saturday continued its sixth day of general debate on the provincial budget for the upcoming fiscal year, with senior parliamentarians from both the government and opposition taking part in a charged and often heated discussion. Provincial…
KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) closed the three-day week at 179,571, gaining 649 points, or 0.36% week-on-week, as the easing of geopolitical tensions and the passage of FY27 budget lifted investor sentiment. On a day-on-day basis, the PSX witnessed a range-bound session on Monday, with the KSE-100 declining 451 points…
Iran early on Sunday launches missiles and drones on US military sites in Kuwait and Bahrain Ships and boats in the Strait of Hormuz, Musandam, Oman. Photo: Reuters Iran and the US continued their attacks in the Gulf as each accused the other of violating an increasingly precarious interim deal signed less than two weeks ago to end their four-month-old…
ISLAMABAD: The Islamabad High Court (IHC) has ruled that travel restrictions on citizens can only be imposed by a competent legal authority and strictly according to the procedure prescribed by law, declaring that names cannot be placed on the Passport Control List (PCL) without due process. In a significant judgment on citizens’ right to travel,…
Digital channels drive 92% of retail volume as Raast, mobile banking surge in Q3 FY26 KARACHI: Pakistan’s electronic payments landscape continued to expand during the third quarter of FY26, with retail payments through the banking system reaching 3.7 billion transactions during January-March 2026, up 9% from the previous quarter, according to the State Bank of…
RAWALPINDI: Security forces killed eight terrorists belonging to Indian proxy Fitna al-Hindustan in two high-tempo intelligence-based operations in Balochistan’s Kharan and Mastung districts, the military’s media wing said on Saturday. According to the Inter-Services Public Relations (ISPR), security forces received intelligence about the movement of a group of terrorists in Kharan on June 25. As…
ISLAMABAD: The Supreme Court has reaffirmed the settled principle that interference with a judgment of acquittal is an exceptional course and can only be justified where the prosecution demonstrates glaring errors of law or fact showing that the acquittal is manifestly flawed and based on shocking conclusions. In a seven-page judgment authored by Justice Muhammad…
LCCI calls for easier finance, policy consistency as number of SME borrowers grows LAHORE: Small and medium enterprise (SME) financing in Pakistan surged 46% to Rs853.94 billion in the year ending March 31, 2026, according to data from the State Bank of Pakistan (SBP), as the government marked World MSME Day on June 27. The…
People stand in the street following an earthquake in Peshawar. Photo: REUTERS QUETTA/ISLAMABAD: A strong earthquake struck Hindu Kush region on Saturday, the Pakistan Meteorological Department said, sending out tremors that could be felt in a large part of the country and across the border into neighbouring Afghanistan. A series of moderate earthquakes continued to…
KARACHI: Security personnel foiled an attack on a Pakistan Rangers transport work-shop near Mausamiyat Chowrangi in Karachi’s Gulistan-e-Jauhar area on Saturday night. Heavy gunfire and explosions were heard during the ensuing operation as Rangers and police launched a search and clearance operation inside the workshop. No official statement was issued until late Saturday regarding casualties,…