Trading currently underway, with upbeat sentiment and celebratory buying still driving the market higher The Pakistan Stock Exchange (PSX) erupted in celebration on Wednesday as investors cheered the global peace momentum brokered by Pakistan and easing tensions between Iran and the United States, triggering a wave of aggressive buying across the market. The benchmark KSE-30…
Calls for fiscal discipline, currency stability as devolution of agriculture, industry fails to deliver Within 60 days of the approval of FRDL (Amendment) Act 2021, the federal government will establish an office to be called debt management office. photo: file LAHORE: The Pakistan Business Forum (PBF) has written to leading political figures, including Nawaz Sharif,…
Chinese foreign ministry says both sides also agree not to take actions that could escalate, complicate the situation Chinese Foreign Ministry spokesperson Mao Ning gestures during a press conference at the Ministry of Foreign Affairs in Beijing, on May 24, 2023. PHOTO: CHINESE FORIEGN MINISTRY China’s foreign ministry said on Wednesday that Afghanistan and Pakistan…
US president’s use of 1977 act to impose tariffs was struck down by Supreme Court in February A view of the US Supreme Court in Washington, US June 29, 2024. Photo: Reuters The United States government has begun the unprecedented task of refunding more than $166 billion in tariffs after a landmark ruling by the…
Araghchi arrives in Islamabad in major diplomatic breakthrough US envoys Witkoff, Kushner to land today Iran Deputy Prime Minister Ishaq Dar and CDF Field Marshal Asim Munir receive Iranian Foreign Minister Abbas Araghchi on his arrival in Islamabad. PHOTO: X/Tahir Andrabi ISLAMABAD: After days of uncertainty and pessimism, Islamabad is back in…
SANYA: President Asif Ali Zardari on Friday witnessed the signing of one Joint Venture Agreement and two memorandums of understanding between Pakistani and Chinese organisations, covering construction machinery, animal health and medical technology. The engagements are aimed at advancing practical cooperation in key sectors, a Presidency’s news release said. A memorandum of understanding was signed…
. JAKARTA: The death toll from a train collision near the Indonesian capital Jakarta has risen to 15 with another 88 injured, a senior minister said on Tuesday, as emergency teams completed work to rescue passengers trapped in the wreckage. The collision between a commuter train and a long-distance train happened late on Monday in…
ISLAMABAD: Federal Minister for Power Awais Ahmed Khan Leghari has said that nearly 25% of Islamabad Electric Supply Company (Iesco) consumers have been equipped with Advanced Metering Infrastructure (AMI) meters, which amounts to around 1.1 to 1.2 million meters and is a key step towards modernising the power sector. Speaking during his visit to the…
Barcelona forward Lamine Yamal scores the only goal from the penalty spot against Celta Vigo. Photo: AFP LONDON: Barcelona moved a step closer to winning La Liga with a tight 1-0 victory over Celta Vigo on Wednesday but lost their goalscorer Lamine Yamal to an apparent hamstring injury. The teenage Spain star won and converted…
Authorities enforce Section 144 across the district, banning public gatherings for 15 days RAWALPINDI: A planned PTI protest outside Adiala jail on Tuesday was cut short as law enforcement agencies detained several party leaders and workers, including the sisters of incarcerated former prime minister Imran Khan, amid sweeping restrictions imposed across Rawalpindi. The party had…