PSX surges 887 points as oil slides

PSX witnessed a strong trend-reversal session as the KSE-100 Index surged 1,836 points (+1.01%) to close at 184,175. Photo: Express KARACHI: At the close of trading on Thursday, the benchmark KSE-100 index surged near 890 points to settle at about 181,400. The market maintained strong bullish momentum throughout the session, driven by declining global oil…

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New Delhi rattled by Brussels water event

Pakistan accuses India of efforts to derail debate on transboundary water governance ISLAMABAD: India has launched a concerted campaign to undermine an international seminar in Brussels on transboundary water resources amid growing global scrutiny of New Delhi’s unilateral suspension of the Indus Waters Treaty (IWT), diplomatic sources said on Thursday. The seminar, titled “Transboundary Water…

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Bilawal rejects street agitation, calls for dialogue

ISLAMABAD: As unrest in Azad Jammu and Kashmir continues to test the political temperature, PPP Chairman Bilawal Bhutto-Zardari on Thursday linked internal stability with broader national cohesion. Linking the broader political environment to unrest in Azad Jammu and Kashmir, Bilawal said protesters “cannot damage Pakistan or the Kashmir cause, nor would they be allowed to”…

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Senate pushes relief for salaried class, taxes on wealthy

ISLAMABAD: The Senate on Thursday approved a series of budget 2026-27 recommendations, including a 15% increase in salaries of government employees, restoration of frozen medical allowances for employees and pensioners, higher taxes on luxury assets and large-engine vehicles, and permission for foreign visitors and residents to bring alcohol into the country for personal use. The…

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Focus shifts to technical-level talks

. ISLAMABAD: Pakistan has achieved what officials laud as a diplomatic breakthrough few believed possible, helping steer the United States and Iran away from a deepening crisis and laying down a structured framework for reconciliation and implementation of their emerging agreement. With the accord now formally in effect and implementation underway following electronic signatures, the…

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Pakistan pulls off ‘deal of the century’

• PM, US & Iran presidents sign ‘Islamabad MoU’ • Traffic flows through Hormuz as accord takes effect A win-win deal: (From left) Prime Minister Shehbaz Sharif, US President Donald Trump and Iranian President Masoud Pezeshkian display the signed Islamabad MoU. Photos: Reuters/Screengrab ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday signed the historic ‘Islamabad Memorandum…

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From wild fantasy to reality

. ISLAMABAD: When Prime Minister Shehbaz Sharif on Thursday morning put his signature on the Islamabad Memorandum of Understanding, it marked the culmination of an extraordinary diplomatic process that many would have dismissed as pure fantasy only a few months ago. Few, if any, could have imagined that Pakistan would not only emerge as the…

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Mexico, Korea eye World Cup knockout

The build-up to co-hosts Mexico’s clash with South Korea has seen shrouded with intrigue, with a mystery drone spotted over Korea’s training ground. Photo: AFP LOS ANGELES: Mexico and South Korea will aim to punch their ticket to the World Cup knockout rounds on Thursday when they meet in Guadalajara knowing a win would guarantee…

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Students complete police internship

. LAHORE: As many as 150 students from various educational institutions completed a two-week internship programme organised by Lahore police. The concluding ceremony of the 29th batch of the Volunteers in Police Internship Programme was held at Qila Gujjar Singh. DIG Operations Faisal Kamran emphasised on the occasion that public cooperation was essential for maintaining…

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No.1 Scheffler chases US Open win

World number one Scottie Scheffler of the United States tries to complete a career Grand Slam by winning the 126th US Open at Shinnecock. Photo: AFP LONDON: Top-ranked Scottie Scheffler and world number two Rory McIlroy made final US Open preparations on Wednesday in the last practice session before a major showdown at formidable Shinnecock. A field of…

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