Stocks rise amid record OGDC earnings
KARACHI: Pakistan Stock Exchange (PSX) closed the week modestly higher on Friday as the benchmark…
Stocks rise amid record OGDC earnings
KARACHI: Pakistan Stock Exchange (PSX) closed the week modestly higher on Friday as the benchmark KSE-100 index gained almost 400 points to settle near 175,330. The rebound trimmed the week-on-week decline to 1.33% after a range-bound session in which investors largely stayed on the sidelines. Arif Habib Limited (AHL), in its report, called it a…
Fawad blasts fellow PSL franchises
KARACHI: The owner of the PSL’s newest franchise has lashed out at the league’s existing team owners during a meeting of the league in London a few days ago. One franchise owner also called for a review of cricketers’ fees, citing their poor performances. “You did not do anyone a favour by buying a team….
SAF Games to be held in Pakistan from April 4 to 11: MoFA
Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday chaired a meeting of the Steering Committee on preparations for the SAF Games. Photo: X Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday chaired a meeting of the Steering Committee on preparations for the SAF Games, with the dates for the event finalised…
Govt holds line on CSS age limit
ISLAMABAD: The government has rejected recommendations to raise the upper age limit and increase the number of attempts for the Central Superior Services (CSS) examination, deciding to retain the existing policy. The Establishment Division and Federal Public Service Commission (FPSC) have submitted their written positions on the matter to the parliamentary committee, opposing the proposed…
$16b fossil fuel import bill strains reserves
KARACHI: Pakistan’s growing dependence on imported fuel is putting severe pressure on its foreign exchange reserves, making immediate investment in renewable energy essential, said Federal B Area Association of Trade and Industry President Sheikh Muhammad Tehseen. He said Pakistan’s oil imports had increased by 5.76% annually, while the country spent more than $16 billion on…
Mbappe misses penalty as Betis past Real Madrid
Real Betis’ Spanish goalkeeper Alvaro Valles reacts after Real Madrid’s French forward Kylian Mbappe failed a penalty kick during match between Real Betis and Real Madrid. Photo: AFP SEVILLA: Kylian Mbappe missed a late penalty as Troy Parrott scored his first goal for Real Betis in a 1-0 win over Real Madrid on Friday, ending…
South Africa edge Namibia to reach Tri-Series final
Pretorius and Esterhuizen power Proteas to 228 before Namibia’s spirited chase falls 11 runs short South Africa survived a late charge from Namibia to win by 11 runs in a high-scoring T20 international on Friday, securing their place in the final of the T20I Tri-Series in Windhoek. The win also helped Proteas to set date…
Asif says he sees ‘something more’ behind PPP’s ‘two-faced policy’, calls devolution of powers ‘inevitable’
Defence Minister Khawaja Asif. PHOTO: APP/ File Defence Minister Khawaja Asif has said he saw “something more” behind the Pakistan Peoples Party’s (PPP) “two-faced policy”, adding that he would explain it “when the time comes” and that “the devolution of powers is inevitable”. In a post on X on late Saturday night, Asif said, “When…
Efforts on to cut civil govt, debt servicing expenses
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday said the government was committed to maintaining macroeconomic stability and steering the economy from stabilisation towards sustainable growth. He also stressed the need to stay on course in structural reforms and strengthen the private sector’s role through privatisation and public-private partnerships (PPPs). Addressing…
Explosion at Bolivia military base kills at least 10, dozens injured
Residents wait to return to their homes following explosions that left people dead and injured at the “Bolivar” Mechanized Artillery Regiment, in Viacha, Bolivia. Photo: Reuters At least 10 people were killed and dozens more injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (19…
