KARACHI: Gold prices in Pakistan recorded a sharp increase on Monday, tracking gains in the international bullion market, with the price of the precious metal rising by Rs10,800 per tola to reach Rs455,136. According to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association, the price of 10-gram gold surged by Rs9,720 to settle…
Flight intended to support a radar modernisation program, cause of crash is unknown, under investigation Smoke rises from Edwards Air Force Base after the crash of a US Air Force B-52 bomber aircraft in Edwards, California, U.S., June 15, 2026, in a still image from an ALERTCalifornia fire surveillance camera. PHOTO: REUTERS Eight crew members…
Solarisation of government buildings in Gilgit, Diamer divisions is expected to be completed by December 2026 The federal government would bear the cost of a 100-megawatt solar power project for Gilgit-Baltistan (G-B), Prime Minister Shehbaz Sharif said on Tuesday while chairing a review meeting in Islamabad on the initiative, according to a statement issued by…
Positive cues trigger rally as investors welcome budget reforms, easing US-Iran tensions KARACHI: Pakistan Stock Exchange (PSX) on Monday delivered a stellar performance as investors embraced the government’s reform-oriented budget measures and responded positively to reports of a preliminary peace agreement between the United States and Iran. The benchmark KSE-100 index opened on a strong…
The agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait of Hormuz US and Iran flags are seen in this illustration taken June 18, 2025. REUTERS US President Donald Trump said on Monday a preliminary agreement to end the US-Israel war on Iran has been signed by the US and Iran,…
RAWALPINDI/ CHAKWAL: A significant development has emerged in the case of the killing of Australian-Pakistani minor Hania Ahmed in Chakwal during CCD firing, as an audio message from her injured father, Adeel Ahmed, has surfaced. Expressing dissatisfaction with the ongoing police investigation, he claimed that four CCD personnel riding two motorcycles chased and fired indiscriminately…
Brent crude futures fell $4.11, or 4.71%, to $83.22 a barrel by 1730 GMT, US WTI was at $80.54, down $4.34, or 5.11% Reuters June 16, 2026 Less than a minute read Oil falls $4 to three-month low HOUSTON: Oil prices slumped around $4 a barrel to a three-month low on Monday amid a broad…
KARACHI: Australian Prime Minister Anthony Albanese on Monday demanded a “transparent” investigation into the killing of a nine-year-old Pakistani-Australian girl “mistakenly” shot dead by the Punjab Crime Control Department (CCD) in Chakwal on June 10. Hania Ahmed suffered fatal shots after law enforcement officers in Chakwal shot at her family’s car last Wednesday. The onslaught…
ISLAMABAD: Supreme Court Justice Malik Shahzad Ahmad Khan has observed that the practice of planting fake narcotics recoveries against innocent persons – including politicians belonging to opposition parties, as well as individuals who have enmity with police officials or influential persons – is common in our society. “The practice of planting fake recoveries of narcotics…
WASHINGTON: US Vice President JD Vance said on Monday that Iran would not receive any funds simply for signing a framework agreement aimed at ending the war and reopening the Strait of Hormuz, insisting that any sanctions relief or access to frozen assets would depend on Tehran meeting strict nuclear commitments. Speaking in separate television…