KARACHI: Gold prices in Pakistan rose sharply on Tuesday despite weakness in the international bullion market, as geopolitical tensions surrounding Iran and concerns over rising global inflation continued to drive uncertainty in commodity markets. In the local market, the price of gold per tola increased by Rs4,100 to settle at Rs492,462, according to rates issued…
Recent hantavirus outbreak on MV Hondius cruise ship, hard memories have resurfaced for 33-year-old A drone view of the cruise ship MV Hondius, carrying passengers suspected of having cases of hantavirus on board, as it prepares to leave Praia, Cape Verde, May 6, 2026.PHOTO: REUTERS Mailen Valle lost her father and two sisters during a…
Senator Rehman criticised ‘the government’s indifference’ to the worsening law and order situation in K-P ISLAMABAD: The Senate on Tuesday witnessed a heated exchange between the treasury and opposition benches over the escalating security situation in Khyber-Pakhtunkhwa, as JUI-F Senator Attaur Rehman questioned whether the province had effectively been “handed over to terrorists”. Taking the…
Brent drops to $106, WTI to $101 as fragile Iran ceasefire, Trump-Xi summit fuel market uncertainty An oil tanker anchors near the oil hub of the port of Fos-Lavera at sunset near Marseille, southern France. PHOTO: REUTERS Oil prices fell on Wednesday, snapping a three-day rally as investors awaited developments around the fragile Middle East…
U.S. President Donald Trump speaks to the press, ahead of departing the White House for Joint Base Andrews en route to Beijing, China, in Washington, DC, US, May 12, 2026. PHOTO: REUTERS US President Donald Trump said on Tuesday he does not think he will need China’s help to end the war with Iran, even as…
Directs provincial and district authorities to remain on high alert and ensure emergency preparedness measures ISLAMABAD: The National Disaster Management Authority on Tuesday issued a detailed weather outlook for May 12 to 17, warning of widespread rain, thunderstorms, hailstorms, flash floods and landslides in several parts of the country. It directed provincial and district authorities…
KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a mixed yet largely negative session as investors remained cautious amid geopolitical uncertainty surrounding US-Iran peace negotiations. After commencing trading on a firm footing, the benchmark KSE-100 index moved higher in early trade as renewed buying interest pushed the market to the intra-day high of 171,571.56…
SBP says IMF Executive Board has also approved disbursement of second tranche of SDR 154 million under RSF 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:…
In regions such as the Tirah Valley and parts of Waziristan, multiple police posts remain vacant PESHAWAR: The Khyber-Pakhtunkhwa (K-P) Police has identified more than 100 vulnerable and dilapidated check posts across southern districts and former tribal areas, urging the provincial government to prioritize their reconstruction and fortification in the upcoming budget. According to official…
LAHORE: Federal Minister for Energy (Power Division) Awais Ahmed Khan Leghari on Tuesday announced that no new imported fuel-based Independent Power Producers (IPPs) would be established in the country, while the government plans to shift 10 million electricity consumers to Advanced Metering Infrastructure (AMI) meters during the current year. Addressing a workshop on power-sector fundamentals…