ISLAMABAD: Third-party motor insurance coverage in Sindh has surged 1,374% within three months of the provincial government making it mandatory for all registered vehicles, according to the Securities and Exchange Commission of Pakistan (SECP). Following the enactment of the Provincial Motor Vehicles (Amendment) Act, 2026, in March, active third-party policies in Sindh increased from 11,200…
KARACHI: Gold and silver prices fell in both international and domestic markets on Wednesday, with the price of gold in the global bullion market declining by $52 to $3,972 per ounce. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the domestic market, the price of gold per tola declined by Rs5,200 to…
Says India has been actively aiding, sponsoring terrorist groups operating from Afghan soil against Pakistan Pakistan on Wednesday rejected India’s criticism of its recent “targeted and proportionate” actions against terrorist infrastructure in Afghanistan, calling New Delhi’s remarks “baseless” and accusing India of supporting terrorist groups operating against Pakistan. “Pakistan rejects the baseless statement by the…
PSO details contingency measures; committee seeks accountability over Multan LPG tanker explosion KARACHI: The Senate Standing Committee on Petroleum has reviewed the country’s fuel supply situation and energy security during a meeting at Pakistan State Oil (PSO) headquarters, with members expressing satisfaction over measures taken to ensure uninterrupted petroleum supplies amid regional challenges. PSO officials…
A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi on July 3, 2023. Photo: Reuters/ File KARACHI: The Pakistan Stock Exchange (PSX) remained firmly in bullish territory on Wednesday as sustained buying by investors lifted the benchmark KSE-100 Index…
ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that the Sindh High Court (SHC) committed “judicial overreach” by exercising suo motu jurisdiction against police officials and interfering in policy guidelines without justification. Such powers, the FCC stated, are not available to high courts under Article 199 of the Constitution. In a two-page judgment, a two-member…
GENEVA: The UN trade and development agency warned on Tuesday that while the reopening of the Strait of Hormuz will bring immediate relief to energy markets, vulnerable economies remain at risk from prolonged increases in food and fuel costs. Food and transport systems are likely to take longer than energy markets to recover, as disrupted…
Actors deny AI-generated wedding images, urge creators to stop spreading fake news for money Actors Tauseeq Haider and Farah Saadia shut down rumours that they secretly got married in a humorous Instagram video while also highlighting the consequences of AI-generated misinformation. The two actors shared a collaborative post on Instagram to clarify that they have…
Both sides to discuss collaboration in internal security, combating narcotics trafficking, institutional cooperation Interior Minister Mohsin Naqvi on Tuesday arrived in Riyadh on an official visit to Saudi Arabia, marking another step in the strengthening of bilateral ties between the two countries. Upon his arrival at King Khalid International Airport on Tuesday evening, the interior…
US President Donald Trump. Photo: REUTERS US President Donald Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, showing how Trump now derives most of his income from digital assets that have benefited from his policies, according to a review of his latest financial disclosures on Tuesday. The filings, his…