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…
Since mid-March, Trump has repeatedly claimed a deal with Iran to end the war was close President Donald Trump could soon appear on a bank note — breaking longheld tradition against putting living presidents on US money. Photo: AFP/ File Hopes grew on Friday for peace between Iran and the United States after President Donald…
ISLAMABAD: The government is set to unveil a massive Rs17.5 trillion (approximately $61 billion) consolidated budget for the fiscal year 202627 on Friday (today) to meet strict International Monetary Fund austerity conditions. The framework sets an ambitious Federal Board of Revenue tax target of Rs15.267 trillion and targets a 4.1% GDP growth. The high-stakes spending…
. RAWALPINDI: Funeral prayers of those who embraced martyrdom in a MI-17 helicopter crash in Muzaffarabad were offered on Thursday at Chaklala Garrison. Prime Minister Shehbaz Sharif, COAS & CDF Field Marshal Syed Asim Munir and other top civil and military officials attended the funeral prayers, said a press release issued by Inter-Services Public Relations…
WASHINGTON: The phenomenon El Nino has arrived, the US weather agency said Thursday, and scientists expect the pattern synonymous with droughts, floods and soaring temperatures will intensify into the end of the year, potentially to historic strength. El Nino is a natural climate occurrence that warms surface temperatures in the central and eastern equatorial Pacific…
Govt directs police, judiciary and administrative authorities to implement decision MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) government on Thursday withdrew earlier concessions related to protest and agitation cases and reinstated 177 First Information Reports (FIRs) against members of the Joint Awami Action Committee (JAAC), citing violation of the October 4, 2025 agreement between the…
ISLAMABAD: The Supreme Court on Thursday restored former prime minister Imran Khan’s right to defend himself in a long-running Rs10 billion defamation suit filed by Prime Minister Shehbaz Sharif, setting aside lower court orders that had barred him from contesting the case in a majority verdict. The apex court directed the trial court to provide…
The Pakistan Economic Survey on Thursday showed that the government missed three major macroeconomic goals but it maintained the external sector stability and a broad-based recovery in the outgoing fiscal year despite adverse impacts of the Middle East war. According to Pakistan Economic Survey 2025-26, the government could not achieve the targets of 4.2% economic…
US president hints at signing in Europe Believes supreme leader Mojtaba Khamenei personally approved deal Ira WASHINGTON: US President Donald Trump on Thursday announced a “great settlement” to end the war with Iran, saying he expected a deal to be signed in Europe as soon as this weekend. Trumpwho is hosting a…
ISLAMABAD: Pakistan on Thursday warned that any deliberate attempt to block water essential to Pakistan’s survival and development would have “far-reaching consequences”. “Any such act would be treated with utmost seriousness and could possibly amount to an act of war under Article 51 of the UN Charter,” said Foreign Office spokesperson Tahir Andrabi during his…