KARACHI: Pakistan Stock Exchange (PSX) on Wednesday staged a modest rebound as investors returned to accumulate selective blue chips after the previous session’s sharp sell-off, with easing concerns over the Strait of Hormuz disruptions restoring confidence. In the morning, the market got off to a flying start, when the benchmark KSE-100 index surged more than…

. PESHAWAR: The Khyber-Pakhtunkhwa government has announced a major increase in various allowances for provincial government employees, including doubling the travel allowance for disabled staff from Rs6,000 to Rs10,000 per month. Following cabinet approval, the Finance Department has issued separate notifications outlining the re-vised benefits, which will be implemented from July 1, and reflected in…

. SARGODHA: Kirana police on Wednesday uncovered a false claim of robbery after an investigation revealed that the complainant had staged the incident. According to police sources, Shehbaz, resident of the same area, called the Police Emergency Helpline 15 and alleged that a gang of eight armed dacoits had entered his house while he was…

. PARIS: French lawmakers on Wednesday adopted a bill that will create a legal right to assisted dying for adults with incurable illnesses, capping an intense ethical and political debate. The legislation will, under strict conditions, allow a person who requests it to receive a lethal substance. The substance could be self-administered or, if the…

FLOUR FURY: Youngsters play cricket outside shuttered shops in Jodia Bazaar during a traders’ strike on Wednesday. PHOTOS: JALAL QURESHI/EXPRESS KARACHI: Business activity at key wholesale markets of the metropolis came to a standstill on Wednesday after the Karachi Wholesale Grocers Association (KWGA) called a strike against what it called “unjust treatment” by the administration,…

. The government’s endeavour to bring in retailers with a favourable tax slab is appreciated. The intention is not only to ease complex accounting processes – as around three million retailers countrywide are currently untaxed – but also to bolster the exchequer with a decent turnover. The recent proposal introduces a voluntary income tax regime…