KARACHI: Pakistan’s mutual fund industry has expanded nearly 6.8 times since 2019, crossing Rs4 trillion in assets under management (AUM) by late 2025. However, the sector’s heavy concentration in low?risk money market instruments is raising concerns about market depth, investor behaviour and systemic liquidity pressures. According to a post by the Overseas Investors Chamber of…
. CAIRO: Israeli strikes killed at least seven Palestinians in the Gaza Strip on Tuesday including five in a refugee camp and two in a car, health officials said. Medics and residents said an Israeli drone fired a missile at people who came out of their homes when an Israeli-backed Palestinian militia tried to storm…
Leaders say Eidul Azha reflects obedience, sacrifice and sincerity shown by Hazrat Ibrahim (AS) Prime Minister Shehbaz Sharif (L), President Asif Ali Zardari (C), CDF Field Marshal Asim Munir (R) President Asif Ali Zardari, Prime Minister Shehbaz Sharif and Chief of Defence Forces Field Marshal Asim Munir on Wednesday extended heartfelt greetings of Eidul Azha…
Analysts see tighter policy with focus on revenue mobilisation, structural adjustments Brokerage houses warn that if global oil prices remain near $100 per barrel due to geopolitical tensions, growth could slow to 3‑3.5%, while inflation risks may re‑emerge. photo: file KARACHI: Pakistan’s upcoming federal budget for FY27 is shaping up to be less about headline?grabbing…
The courtyards surrounding Al-Aqsa Mosque in occupied Jerusalem on Wednesday – the first day of the four-day Eidul Azha holiday – were packed with Muslim worshipers performing Eid prayers. Eidul Azha commemorates the readiness of Prophet Ibrahim — also known as Abraham to Christians and Jews — to sacrifice his son on God’s command. Muslims…
KARACHI: Pakistani freelancers earned more than $950 million in foreign exchange during the first 10 months of the current fiscal year despite multiple local and global challenges. During the period from July 2025 to April 2026, Pakistani freelancers outperformed freelancers from India, China, the United Arab Emirates and several other countries. According to the State…
OTTAWA: Canadian Prime Minister Mark Carney told Israeli President Isaac Herzog on Monday that the treatment of activists detained by Israel had been “appalling” and described the situation in Gaza as “catastrophic,” Carney’s office said in a statement. “The Prime Minister reiterated that the appalling treatment of civilians, including Canadian citizens, aboard the Gaza-bound flotilla…
. BUGGENHOUT: A train crashed into a school minivan at a level-crossing in the Belgian town of Buggenhout on Tuesday, killing four people including two special needs pupils, authorities said. As well as the 12- and 15-year-old students, the crash killed the driver aged 49 and a chaperone aged 27, said the local prosecutor’s office…
. DHAKA: Bangladesh’s border guards have intensified patrols and launched public awareness campaigns along parts of the frontier with India because of concerns India has illegally forced people into Bangladesh, officials said. India’s ruling Bharatiya Janata Party, which governs the border states of Tripura, West Bengal and Assam, has said it would tackle undocumented migration…
. BETHESDA: Donald Trump said an annual medical check-up had gone “perfectly” Tuesday, as the health of the oldest US president ever to take the oath faces growing scrutiny with the approach of his 80th birthday. It was Trump’s third medical examination since returning to office last year and follows mounting speculation about issues including…