Gold up Rs3,000 despite global dip

KARACHI: Gold prices in the local market increased on Friday even as international rates declined, with the yellow metal still heading for its first monthly gain in five months. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola rose by Rs3,000 to Rs430,436. Ten-gram gold…

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Nakashima ousts top seed de Minaur

American Brandon Nakashima celebrates after defeating top-seeded defending champion Alex de Minaur of Australia in the Washington Open quarter-finals. Photo: AFP WASHINGTON: Defending champion Alex de Minaur and second-seeded Ben Shelton were bounced out of the Washington Open on Friday as upsets marked the quarter-finals of the combined ATP and WTA event. Top-seeded Aussie de…

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North Korea accuses NATO of expanding war preparations through fuel network plan

Claims NATO’s planned expansion of fuel supply network demonstrates transformation into more aggressive military bloc North Korean leader Kim Jong Un speaks during the second plenary meeting of the Ninth Central Committee of the Workers’ Party of Korea (WPK), in Pyongyang, North Korea, in this picture released June 23, 2026. PHOTO: Korean Central News Agency…

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PSX rebounds 546 points on oil price fall

KARACHI: Pakistan Stock Exchange (PSX) rebounded on Friday as the benchmark KSE-100 index gained almost 550 points to settle near 176,100, supported by a decline in global oil prices and reports that Pakistan was seeking to reinitiate diplomatic negotiations to ease tensions in the Middle East. At the close of trading, the KSE-100 posted a…

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FIFA scraps private investment plan

FIFA President Gianni Infantino says the global football governing body is scrapping a controversial proposal to allow private investment in marquee events. Photo: AFP/File PARIS: FIFA president Gianni Infantino said on Saturday he has scrapped a plan to allow private investment in the World Cup following fierce backlash from football officials worldwide. “Our purpose has…

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Born to mine, doomed to die

A devastating coal mine accident in the Spin Karez area on the outskirts of Quetta has claimed the lives of 34 miners from Shangla, plunging the district into mourning and once again exposing the heavy human cost of Pakistan's hazardous mining industry. The workers were several thousand feet underground carrying out routine mining operations on…

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PRA seals three premises

LAHORE: The Punjab Revenue Authority (PRA) has intensified its enforcement campaign against tax defaulters across the province, sealing three premises, including a hotel, for tax non-compliance in Lahore and other cities. According to a PRA spokesperson, the action was taken after tax evasion was established and repeated violations of tax laws were detected. Dozens of…

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India’s Modi says punishing student protesters will not resolve situation

Authorities file cases against hundreds of demonstrators after some clash with forces, shouted abusive slogans ​at PM The Cockroach Janta Party protests have emerged as one of the biggest challenges to Prime Minister Narendra Modi’s government. PHOTO:AFP Indian Prime Minister Narendra Modi said he wanted to forgive students who hurled expletives at him during protests…

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