Stocks slide as fuel price shock jolts PSX

KARACHI: Stocks came under renewed selling pressure at the Pakistan Stock Exchange (PSX) on Friday as investor sentiment remained fragile following the government’s decision to withdraw fuel subsidies and sharply increase petroleum prices. The benchmark KSE-100 index experienced a volatile session, losing over 1,600 points. It initially plunged deeply before recouping some of the losses,…

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Pakistan transitions to cashless payments for passports

Interior minister says the move will expedite services across all passport offices, ensure transparency Interior Minister Mohsin Naqvi announced on Wednesday that the country had transitioned to cashless transactions at all passport offices. On June 19, the government decided to digitalise the passport issuance system as part of sweeping reforms aimed at modernising immigration services and…

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Lahore bat populations declining amid urban growth, light pollution and public myths

Senior vet says bats are vital; they control mosquitoes and pests, reducing chemical use Eco friendly bats are vanishing from Lahore. PHOTO: ASIF MEHMOOD LAHORE: Urbanisation, shrinking green spaces, artificial lighting and widespread misconceptions among the public are contributing to a gradual decline in bat populations in Lahore, wildlife experts and biologists have warned, stressing…

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Islamabad sets stage for high-stakes talks

Round 2 negotiations likely tomorrow JD Vance departs for Pakistan today Iran has yet to make a final call Trump c Security personnel stand guard on Zero Point bridge in the federal capital amid heightened vigilance ahead of the second round of US-Iran talks. PHOTO: ONLINE ISLAMABAD: Pakistan has set the stage for a high-stakes…

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Supreme Court to follow case-fixation policy

Lawyers believe that cases involving civil liberties not being prioritised during CJP Yahya Afridi’s tenure ISLAMABAD: The Supreme Court will fix contempt matter related to the non-implementation of a judicial order permitting meetings with PTI founder Imran Khan in line with the court’s new case-fixation policy. A senior Supreme Court official told The Express Tribune…

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James hopes to bring title magic to 76ers

LeBron James will join his fourth different NBA team after agreeing a deal with the Philadelphia 76ers. Photo: AFP/File NEW YORK: LeBron James announced on Friday he will play for the Philadelphia 76ers next season, with the 41-year-old NBA superstar hoping to transform another franchise into a championship team. James, the NBA all-time scoring leader…

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Should we worry about C/A deficit?

With political pressure likely to increase ahead of future elections, there is a risk that higher fiscal spending, easier monetary conditions, and stronger import demand could widen the deficit, complicating long-term investment planning. PHOTO:FILE KARACHI: If there is one economic data point that has consistently worried Pakistani analysts, investors, policymakers, bankers, and even the common…

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Asia fans sweat on broadcast rights

Unsociable match times in Asia means monetisation opportunities for broadcasters come down massively. Photo: AFP LONDON: Swathes of football-mad Asia from China to India and Thailand are yet to confirm broadcast rights for the biggest-ever World Cup with kick-off barely one month away. Unsociable match times in the region is one reason why hundreds of…

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