Gold and silver prices declined in both international and domestic markets, reflecting a broader downward trend in precious metals. In the international bullion market, the price of gold fell by $49 per ounce, settling at $4,788. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, gold prices also recorded a…
NAROWAL: Federal Minister for Planning Ahsan Iqbal said that if the Iran-US war had continued, oil prices would have surged beyond Rs600 per litre and the economies of 193 countries would have collapsed. “Today, Pakistan’s leadership is not only a benefactor of Pakistan but of 193 countries,” Iqbal said on Sunday while addressing a ceremony…
Officials say initiative expected to attract local, foreign investment and support transition toward digital system The Power Division and the International Finance Corporation (IFC) on Monday signed a Transaction Advisory Services agreement aimed at modernising Pakistan’s electricity distribution system through large-scale smart metering, PTV reported. Under the plan, around 10 million electricity consumers across the…
United States stock index futures inched lower on Monday after a record rally on Wall Street last week as dimming prospects of an end to the Iran conflict prompted investors to curb their risk appetite. Iran opened the Strait of Hormuz on Friday, prompting a buying frenzy across markets, with the S&P 500 and the…
Both sides express concern over broader implications on global economy, especially for developing countries Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar held a telephone conversation with Australian Foreign Minister Penny Wong on Sunday, April 20th, 2026. Australian Foreign Minister Penny Wong on Monday praised Pakistan’s “constructive role” in facilitating dialogue between Iran and…
Growth in Asia-Pacific developing economies slows to 4.6% in 2025, projected at 4% in 2026 Activists hold a silent protest against the draft agreement, during the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan November 22, 2024. PHOTO: REUTERS Despite mounting global headwinds, Asia-Pacific developing economies’ growth is projected to slow to 4.0% in…
Two-week exercise designed to enhance interoperability by refining drills, procedures, techniques, ISPR says Pakistan and Egypt successfully concluded a joint counterterrorism exercise, “Thunder-II”, held at Cherat in Khyber-Pakhtunkhwa, the military’s media wing said on Monday. According to the Inter-Services Public Relations (ISPR), the two-week exercise was “designed to enhance interoperability by refining drills, procedures, and…
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 KARACHI: Pakistan’s genuine efforts and role as a global peacemaker are finally being taken seriously. Diplomacy is a two-way street, and Pakistan…
Profit-taking hits energy and textile sectors as conflicting reports emerge on Islamabad Talks Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express The Pakistan Stock Exchange (PSX) witnessed a cautious mid-day session on Monday as…
Natalie Baker expresses appreciation for country’s efforts, role in ensuring secure environment amid regional tensions Interior Minister Mohsin Naqvi on Monday met US Chargé d’Affaires to Pakistan Natalie Baker at the US Embassy to discuss security arrangements ahead of the expected US-Iran talks in Islamabad, according to the interior ministry. During the meeting, both sides…