PSX down 2% on geopolitical, power crisis

KARACHI: The Pakistan Stock Exchange (PSX) succumbed to a wave of selling pressure during the outgoing week as the benchmark KSE-100 index plunged by over 3,200 points, or 2%, settling at 170,672. The market was rattled by a toxic mix of heightened geopolitical uncertainty, domestic energy crunch, and reports of stringent new IMF conditions. On…

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EDB tightens used vehicle import rules

Compliance with tax regulations is mandatory, including a valid NTN and active filer status with the FBR ISLAMABAD: Engineering Development Board (EDB) CEO Hamad Ali Mansoor has issued a comprehensive code of conduct for the import of used vehicles, stating that ensuring transparency, quality standards and consumer protection remains his top priority, according to an…

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‘People Air Ambulance’ kicks off in Balochistan

Project hailed as breakthrough, offering rapid transport for critical patients in remote districts Chief Minister Balochistan Mir Sarfraz Bugti said the air ambulance is now fully ready for service and will soon be formally launched for the public. PHOTO: CM BALOCHISTAN X QUETTA: For the first time in Balochistan’s history, people living in remote and…

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IMF MD appreciates Pakistan’s reform progress and macro stability

FinMin holds series of high-level meetings, multilateral engagements at IMF–World Bank Spring Meetings 2026 IMF MD meets Finance Minister Muhammad Aurangzeb at the IMF–World Bank Spring Meetings 2026. PHOTO: Radio Pakistan International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday appreciated Pakistan’s ongoing economic reform progress during her interaction with Finance Minister Muhammad Aurangzeb…

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Pakistan saves ‘a whole civilisation’

• Trump agrees PM Shehbaz’s proposal for two-week ceasefire with Iran, subject to Strait of Hormuz opening • Suspen President Donald Trump arrives from the Blue Room to speak about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington. PHOTO: REUTERS ISLAMABAD: US President Donald Trump…

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