Record stock rally masks weak capital raising

KSE-100 surges 18.2% but only Rs16b raised via IPOs; analysts warn of limited fresh funds KARACHI: Pakistan’s capital markets posted strong gains during the first nine months of FY2026, with the benchmark KSE-100 index surging 18.2% to 148,743 points by the end of March, according to the Pakistan Economic Survey 2025-26 unveiled by Finance Minister…

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15 policemen martyred, three injured in Bannu suicide attack on checkpoint

Rescue teams pull 3 police officers alive from rubble; search, rescue efforts still underway Rescue and search operations continue after terrorists rammed an explosives-laden vehicle into the Fateh Khel police checkpoint in Khyber-Pakhtunkhwa’s Bannu district late Saturday night martyring 12 police personnel. PHOTO: EXPRESS DERA ISMAIL KHAN: At least 15 police personnel were martyred and…

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PM Shahbaz chairs review meeting on fuel subsidy amid regional tensions

PM Shehbaz chairs a meeting on austerity measures. PHOTO: SCREENGRAB Prime Minister Shehbaz Sharif said on Sunday that the government was taking and would continue to take all possible measures to provide relief to the public during the current challenging situation. The prime minister chaired a meeting where officials briefed him on the progress of subsidy disbursement as well…

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FCC faults SHC for judicial overreach

ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that the Sindh High Court (SHC) committed “judicial overreach” by exercising suo motu jurisdiction against police officials and interfering in policy guidelines without justification. Such powers, the FCC stated, are not available to high courts under Article 199 of the Constitution. In a two-page judgment, a two-member…

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Afghan shelling in Bajaur martyred nine civilians, injures 12 in March–April incidents

Afghan forces target civilian populations in six separate incidents, destroy eight residential houses Taliban security personnel stand guard near the Torkham border crossing between Afghanistan and Pakistan in the Nangarhar province on February 27, 2026. Pakistan bombed major cities in Afghanistan including the capital Kabul on February 27. PHOTO: AFP At least nine civilians were…

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Bilawal, Mengal agree on joint strategy for budget

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto telephoned Balochistan National Party-Mengal (BNP-M) chief Akhtar Mengal on Saturday and discussed the current political situation in the country. According to details, both the leaders agreed on a joint strategy for the next year’s fiscal budget. They also exchanged views on the 18th Constitutional Amendment and government’s…

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IPL 2026: Finn Allen’s maiden IPL century powers KKR to dominant win over Delhi Capitals | Cricket News

KKR’s Finn Allen (Agency Image) Kolkata Knight Riders continued their remarkable late-season revival with a crushing eight-wicket win over Delhi Capitals at the Arun Jaitley Stadium on Friday, thanks to a superb spin display followed by a breathtaking maiden IPL century from Finn Allen. The victory was KKR’s fourth successive win and kept their playoff…

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CAS imposes lifetime ban on Pakistan weightlifting officials for doping violations

Hafiz Imran Butt and Irfan Butt are prohibited from participating in any sports-related activity in Pakistan The Pakistan Sports Board (PSB) has welcomed the Court of Arbitration for Sport Anti-Doping Division’s ruling imposing lifetime bans on former Pakistan Weightlifting Federation President Hafiz Imran Butt and coach Irfan Butt for serious anti-doping rule violations. The PSB…

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