Aurangzeb says current account surplus was a little over USD1b in March this year Finance Minister Muhammad Aurangzeb on Tuesday said Pakistan’s economic growth will be about four per cent this fiscal year while speaking at the EU-Pakistan High Level Business Forum in Islamabad, according to Radio Pakistan. He noted that this represents a significant…
KARACHI: Gold prices fell by Rs8,900 on Tuesday in Pakistan as global markets experienced fluctuations and a downward trend amid US-Iran tensions and broader uncertainty across international markets. According to the All-Pakistan Gems and Jewellers Sarafa Association, following the decline, the price of gold per tola reached Rs485,062, while the price of 10 grams of…
Say armed forces’ resolve for the defence of the country remains unwavering as ‘Operation Ghazab Lil Haq’ continues The Pakistan Army on Tuesday responded to unprovoked aggression by Afghan Taliban and Fitna al-Khawarij along the Pakistan-Afghanistan border, security sources said. Fitna al-Khawarij is a term the state uses for terrorists belonging to the banned Tehreek-e-Taliban Pakistan…
By helping the world reduce oil prices from the $150-$200 range and saving hundreds of billions in import bills and high interest expense, Pakistan has earned its seat at the table. photo: REUTERS Stocks held their ground and oil rose on Tuesday as investors weighed the stalemate in the Iran conflict, while the yen was…
Stocks remained under pressure since opening, extending bearish momentum from previous session KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday remained fragile, keeping the market under sustained bearish pressure during the ongoing session amid a visible rate-hike syndrome following the central bank’s tightening stance. Stocks remained under pressure since the opening, extending the bearish momentum…
Prime Minister Shehbaz Sharif chairs a meeting on the gemstone sector in the federal capital. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Monday noted that Pakistan had been blessed with abundant natural resources, including precious stones, and stressed that the sector offered strong potential to increase exports using local resources. The premier chaired a…
Agreement allows the Pentagon to use Google’s AI for ‘any lawful government purpose’ Alphabet’s Google joined a growing list of technology firms to sign a deal with the US Department of Defence to use its artificial intelligence models for classified work, The Information reported on Tuesday, citing a person familiar with the matter. The agreement…
PTI Founder Imran Khan. Photo: File ISLAMABAD: Pakistan Institute of Medical Sciences (PIMS) said on Tuesday that Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan received a fourth dose of an intravitreal injection as part of his eye treatment. According to a statement, Imran was brought to PIMS for follow-up eye treatment on…
Tokyo, Hong Kong, Shanghai and Sydney led losses, though there were gains in Seoul, Singapore, Taipei and Jakarta Oil prices edged up and stocks wavered on Tuesday as Donald Trump weighed an Iranian proposal that would reportedly reopen the Strait of Hormuz and end the eight-week-old war. Investors were also gearing up for key central…
Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araghchi during a meeting at the Boris Yeltsin Presidential Library in Saint Petersburg. PHOTO: REUTERS Russian President Vladimir Putin on Monday praised the Iranian people for battling to stay independent in the face of US and Israeli pressure and said Moscow would do all it…