Benchmark KSE-100 Index gains 464.19 points amid improving geopolitical sentiment KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a positive note on Monday, mirroring a rally across Asian markets as improving geopolitical sentiment and softer oil prices boosted investor confidence. The benchmark KSE-100 Index was trading at 179,386.94 points at 12:34pm, higher by…
Actor reflects on hidden struggles behind public moments, journey with chronic illness Actor Mamya Shajaffar took to Instagram to reflect on the often hidden realities of living with chronic illness, drawing from her own experience with lupus. Shajaffar posted a video on Instagram with the caption, “Unrelatable for most.” In the video, she said, “A…
As the federal government introduces another simplified tax system for retailers, skepticism grows over implementation LAHORE: The federal government has decided to introduce a fixed or simplified tax system for small traders and shopkeepers in the 2026-27 budget, aiming to bring more businesses into the tax net and generate additional revenue. However, previous experiences with…
ISLAMABAD: A great power rests on three pillars: military, diplomacy and economy. Pakistan has achieved many milestones on the military and diplomatic fronts. Two recent events further reinforced our strength. First, the decisive victory in Operation Bunyan Marsoos strengthened Pakistan’s credentials as a formidable military power. It elevated Pakistan’s global profile. Countries began to show…
. ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed’s Prosperity Party (PP) won a landslide victory in legislative polls held June 1, the election commission said Sunday, giving it almost 90 percent of the seats. Abiy has led Ethiopia since 2018, and is increasingly criticised for growing authoritarianism, in contrast to his early years when he…
Parties agree on creation of de-confliction cell involving Lebanon, facilitated by Pakistan and Qatar Iran and the United States agreed on a roadmap aimed at reaching a final agreement within 60 days after the conclusion of the first session of high-level talks held under the Islamabad Memorandum of Understanding (MoU) in Switzerland, according to a…
Conditionality has failed the Global South, it may be time to reclaim sovereignty, embrace growth BRUSSELS: The International Monetary Fund (IMF), being the lender of last resort for countries in balance-of-payments crisis or in danger of default, almost always ties its bailouts to excessive austerity measures. Its loans are tied, to use IMF jargon, to…
Greater Manchester mayor’s parliamentary election victory boosts hopes of reversing Labour’s declining support British Prime Minister Keir Starmer gives a media statement at Downing Street in London, Britain, April 30, 2026. REUTERS Prime Minister Keir Starmer could on Monday set out a timetable for his departure and usher in an orderly transfer of power to…
Questions over motives grew stronger, particularly because of the govt’s push to have it approved by both houses ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee to review the Telecommunication Reorganisation (Amendment) Bill. The committee will be headed by Minister for Law and Justice Azam Nazir Tarar, while the members include Senator Sherry Rehman,…
KARACHI: The current fiscal year has been marked by significant strain on the external account, driven in large part by the US-Iran conflict and its spillovers into capital flows and sovereign spreads. With peace now expected to return to the region, policymakers’ attention should turn to the domestic constraints that continue to hold exports back….