KARACHI: The Pakistan Stock Exchange (PSX) witnessed a subdued trading session on Monday as investors remained cautious ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement. The benchmark index opened on a dull note and traded within a narrow range throughout the session, reflecting a clear wait-and-see approach across the board. The index…
Iran’s latest proposal sets aside nuclear discussion until war is ended, disputes over shipping from Gulf resolved US President Donald Trump speaks about research into mental health treatments in the Oval Office of the White House in Washington, D.C., April 18, 2026. REUTERS US President Donald Trump is unhappy with the latest Iranian proposal on resolving the…
DI KHAN: In a surge of terrorist violence across the Khyber-Pakhtunkhwa region, unidentified terrorists have abducted five employees working on the Safe City Project in Bannu, while two government officials were martyred in two separate attacks in Lakki Marwat district. In the first incident, five PTCL employees installing surveillance cameras under the Bannu Safe City…
ISLAMABAD: Federal Minister for Climate Change Musadik Malik held a meeting with Global Green Growth Institute (GGGI) Country Representative Laura Jalosjoki to discuss climate financing and strategic planning, according to a statement on Monday. Jalosjiki briefed the minister on how GGGI can support Pakistan in developing institutional and financial frameworks to access climate financing. She…
President Asif Ali Zardari confers the Sitara-e-Pakistan on Prof Pan Xiangbin at a special investiture ceremony in Changsha. PHOTO: APP ISLAMABAD: Pakistan and China have signed three memorandums of understanding (MoUs) aimed at strengthening bilateral cooperation in desalination, agricultural technology and the tea industry, in a move expected to boost investment, technology transfer and economic…
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) and the grand opposition alliance on Monday agreed to formulate a joint strategy concerning national issues and enhance coordination between them. The decision was reached at a high-level huddle attended by leaders of the opposition in the Senate and National Assembly, as well as senior PTI figures, including Khyber Pakhtunkhwa Chief…
ISLAMABAD: Pakistan exported goods worth Rs6,393 billion during the first three quarters (July-March) of the current fiscal year (2025-26), a decline of 7.14% compared with Rs6,884 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). In March alone, exports amounted to Rs635.5 billion, down 0.17% from February and 14.21%…
ISLAMABAD: The Ministry of Information rejected on Monday Afghan media reports alleging that the Pakistan Army carried out missile or air strikes in Afghanistan’s Kunar province, calling the claims “false” and “frivolous”. In a statement posted on X, the ministry’s fact-checking account shared a picture from Afghan news outlet TOLOnews claiming that Pakistan “conducted missile/jet…
ISLAMABAD: The Federal Constitutional Court (FCC) on Monday put on hold a landmark ruling of the Lahore High Court (LHC) that had struck down key provisions of the Passport Rules 2021, effectively restoring the federal government’s powers to inactivate passports and impose long-term travel bans on deportees and suspected human traffickers. The interim relief means…
KARACHI: Pakistan’s trajectory of steadily lowering interest rates has been disrupted by spillover effects of Israel-US war on Iran, as the State Bank of Pakistan (SBP) on Monday raised key policy rate by 100 basis points to 11.50%, citing inflationary risks triggered by the geopolitical escalation and the resulting closure of the Strait of Hormuz,…