PIA sell-off model floated for DISCOs
ISLAMABAD: The Privatisation Commission (PC) board proposed on Tuesday the establishment of a new company…
PIA sell-off model floated for DISCOs
ISLAMABAD: The Privatisation Commission (PC) board proposed on Tuesday the establishment of a new company to set aside some liabilities and assets of three power distribution companies (DISCOs) in line with the privatisation model used for Pakistan International Airlines (PIA), aiming to hand over the entities with positive equity to new buyers. According to the…
Iran denies involvement in projectiles launched from Iraq toward Saudi Arabia
Military official rejects Saudi accusations after US-Saudi strikes on Iran-aligned targets in Iraq An Iranian military official on Wednesday denied Tehran’s involvement in projectiles launched from Iraq toward Saudi Arabia, rejecting accusations that Iran was behind recent attacks on the kingdom. Responding to a statement by the Saudi defence minister, the official told Iran’s state…
PPP criticises AJK Election Commission, says it is ‘equally responsible for rigging’ during polls
PPP leader says AJK Election Commission played role of Punjab Crime Control Department PPP Central Punjab General Secretary Hassan Murtaza addresses a press conference in Lahore. Photo: Screengrab A Pakistan Peoples Party (PPP) leader on Wednesday criticised the Azad Jammu and Kashmir (AJK) Election Commission, saying that it was “equally responsible for facilitating rigging” during…
Govt pushes GM corn adoption
Finance Minister Muhammad Aurangzeb reads out Finance Bill 2026 clauses during National Assembly session. SCREENGRAB The government has pushed forward with plans to adopt genetically modified corn technology, with a high-level committee reviewing progress and agreeing to form a working group to address concerns raised by industry stakeholders, according to a statement on Tuesday. Finance…
Trump says meetings with Zelenskiy and Netanyahu were positive
In separate short posts on Truth Social, Trump said he discussed various topics with them, without giving specifics A combination picture shows Zelenskiy and Netanyahu arriving at the White House, July 28, 2026. PHOTO: REUTERS US President Donald Trump said late on Tuesday his meetings with Ukrainian President Volodymyr Zelenskiy and Israeli Prime Minister Benjamin Netanyahu were positive. Netanyahu and Zelenskiy were in…
Pakistan, Kuwait agree to boost cooperation across key sectors
DPM Dar meets Kuwaiti FM, discusses regional and global developments, including the Middle East and Palestine Deputy Prime Minister and Foreign Minister Ishaq Dar received Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah at the Ministry of Foreign Affairs. PHOTO: FO Pakistan and Kuwait on Wednesday agreed to further strengthen bilateral cooperation across a wide…
Profit-booking pulls PSX down by 638 points
Correction comes after 4% surge a day ago; bank, oil & gas and cement stocks weigh KARACHI: Pakistan Stock Exchange (PSX) took a breather on Tuesday after a sharp 4% surge in the benchmark KSE-100 index in the previous session as profit-taking pulled the market down despite continued buying interest in selected stocks. The KSE-100…
Elite Force constable martyred, five terrorists killed in Swat operation
K-P IG says NATO weapons being used in southern districts, that can’t be obtained without help of Afghan government Martyred Elite Force Constable Gulfam who was killed by terrorists during a joint operation in Swat. PESHAWAR: An Elite Force constable was martyred, while five terrorists were killed during a joint operation by police and the Counter-Terrorism Department…
Security forces kill 32 terrorists in K-P, Balochistan operations: ISPR
Says 24 terrorists killed in Khyber district last night, 8 terrorists killed in Balochistan’s Nushki district Security forces killed 32 terrorists, including 24 in Khyber district of Khyber-Pakhtunkhwa (K-P) and eight in Balochistan’s Nushki district, during two separate intelligence-based operations, the military’s media wing said on Wednesday. The intelligence-based operations have been launched in the…
PSX tumbles 1,340 points as global sell-off, oil surge hit sentiment
KARACHI: The Pakistan Stock Exchange (PSX) extended its losses on Wednesday, with the benchmark KSE-100 Index falling 1,339.73 points, or 0.75%, to 176,284.15 at 1:04pm amid weak regional markets and rising oil prices. The Index had earlier dropped 1,297.67 points, or 0.73%, to 176,326.21 at 9:34am. The KSE-100 traded between an intraday high of 176,935.03…
