KARACHI: Investor confidence dipped at the Pakistan Stock Exchange (PSX) on Wednesday as the KSE-100 index opened in the red and remained in the same zone, with selling pressure spreading across major sectors amid elevated oil prices and Middle East supply disruptions. The benchmark index lost 1,370.52 points, or 0.81%, to close at 168,021.80. During…
The International Cricket Council (ICC) on Thursday named Zimbabwe Cricket chairman Tavengwa Mukuhlani as its new Deputy Chairperson, making him the first Zimbabwean to hold the post. Mukuhlani will serve in the role until November 2027, taking over from Imran Khwaja, who is stepping down from the position.The appointment places Mukuhlani at the heart of…
The Federal Reserve building in Washington, December 16, 2015. Photo: Reuters The US Federal Reserve has raised interest rates for the first time in more than three years, lifting its benchmark policy rate by 25 basis points to 3.75%-4% as persistent inflation keeps pressure on the central bank, while gold has continued to trade near…
Reduction will remain in place for three months, with exemptions for operational vehicles and development projects A view of a massive traffic jam clogs the Islamabad Expressway, with a seemingly endless queues of cars, buses, and motorcycles stretching as far as the eye can see. PHOTO: APP The federal government on Thursday announced a fresh…
FinMin says prolonged disruption in oil supplies could put government’s 4% growth target for the fiscal year at risk Finance Minister Muhammad Aurangzeb speaks during a Reuters interview, with a portrait of Mohammad Ali Jinnah, founder and first Governor-General of Pakistan, in the background, in Islamabad, Pakistan, June 15, 2026. PHOTO: REUTERS Pakistan will seek…
KARACHI: Pakistan’s premier fast bowler and white-ball specialist Haris Rauf has said that his basic aim is to get his rhythm at the President’s Trophy first-class event and carry it to the international assignment . “The basic aim is to get rhythm here and take it to international circuit so that I could deliver there,”…
LAHORE: Lahore High Court (LHC) on Thursday refused to hear national cricketer Muhammad Rizwan’s plea challenging proceedings initiated against him by the National Cyber Crime Investigation Agency (NCCIA), directing him to appear before the agency and answer its questions first. Chief Justice Lahore High Court Justice Aalia Neelum observed that Rizwan should approach the NCCIA…
Says that further delay could put her remaining eyesight and overall health at risk Former first lady Bushra Bibi. PHOTO: FILE Bushra Bibi, the wife of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, on Thursday approached the Federal Constitutional Court (FCC) seeking an early hearing of her appeal against her conviction in the £190 million Al-Qadir…
ISLAMABAD: National Logistics Corporation (NLC) and the Railways Division have signed a strategic framework of cooperation to strengthen Pakistan’s multimodal transportation and logistics network. Federal Minister for Railways Muhammad Hanif Abbasi witnessed the signing of the framework at a ceremony attended by senior officials of NLC and Pakistan Railways. The framework establishes a broad platform…
The premier eventer and his horse will start their Asian Games journey on September 20 KARACHI: Pakistan’s star eventer Usman Khan and his horse Eden Du Veret have landed in Narita, Japan, safely to feature in the 20th Asian Games eventing event. This is the fourth successive time that Usman has qualified for the quadrennial…