PSX jumps almost 2000 points amid budget anticipation

KARACHI: Trading at the Pakistan Stock Exchange (PSX) jumped almost 2,000 points before suspension on account of Friday prayers, as investors braced for Finance Minister Senator Muhammad Aurangzeb’s presentation of the federal budget for FY2026-27 later in the day. The benchmark Index climbed significantly to 171,659.29 points, reflecting positive investor sentiment. The market registered a…

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Funeral held for MI-17 martyrs

. RAWALPINDI: Funeral prayers of those who embraced martyrdom in a MI-17 helicopter crash in Muzaffarabad were offered on Thursday at Chaklala Garrison. Prime Minister Shehbaz Sharif, COAS & CDF Field Marshal Syed Asim Munir and other top civil and military officials attended the funeral prayers, said a press release issued by Inter-Services Public Relations…

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El Nino is here and could reach historic intensity

WASHINGTON: The phenomenon El Nino has arrived, the US weather agency said Thursday, and scientists expect the pattern synonymous with droughts, floods and soaring temperatures will intensify into the end of the year, potentially to historic strength. El Nino is a natural climate occurrence that warms surface temperatures in the central and eastern equatorial Pacific…

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AJK reinstates 177 FIRs against JAAC

Govt directs police, judiciary and administrative authorities to implement decision MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) government on Thursday withdrew earlier concessions related to protest and agitation cases and reinstated 177 First Information Reports (FIRs) against members of the Joint Awami Action Committee (JAAC), citing violation of the October 4, 2025 agreement between the…

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SC allows Imran to contest claim

ISLAMABAD: The Supreme Court on Thursday restored former prime minister Imran Khan’s right to defend himself in a long-running Rs10 billion defamation suit filed by Prime Minister Shehbaz Sharif, setting aside lower court orders that had barred him from contesting the case in a majority verdict. The apex court directed the trial court to provide…

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