Geopolitics, oil spike drag PSX down

KARACHI: Pakistan Stock Exchange (PSX) closed lower on Thursday as the benchmark KSE-100 index lost around 500 points due to the intensifying war in the Middle East. The market opened “gap-down” but found support near the 175,000 level. Trading remained under pressure throughout the session amid renewed geopolitical tensions involving the United States and Iran,…

Read More

PM orders audit of DISCOs’ billing system

Prime Minister Shehbaz Sharif addresses the inauguration ceremony of the Sky47 AI cloud and data centre in Islamabad on Friday. SCREENGRAB ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed a comprehensive technical audit of the billing systems of power distribution companies (DISCOs) and stressed that power sector reforms remained among the government’s foremost priorities. The…

Read More

‘Soft image revival key to economic growth’

LCCI says policy consistency, regulatory relief needed to project positive global image LAHORE: Pakistan possesses immense natural resources, tremendous human capital and vast economic potential, with nearly 65% of its population comprising youth, Lahore Chamber of Commerce and Industry (LCCI) President Faheemur Rehman Saigol said, stressing the need for collective efforts to project a positive…

Read More

PSL 12 window remains undecided

Kusal Mendis and Babar Azamwere instrumental in Peshawar Zalmi’s PSL11 Triumph. Photo: PSL KARACHI: The Pakistan Cricket Board (PCB) is yet to decide the scheduling window for the Pakistan Super League (PSL) 12, with franchise owners and the cricket committee weighing the pros and cons of staging the tournament either alongside the Indian Premier League…

Read More

DG ISPR on Balochistan security situation

DG ISPR Lt Gen Ahmed Sharif Chaudhry addresses press conference. Photo: Screengrab Inter-Services Public Relations (ISPR) Director General Lieutenant General Ahmed Sharif Chaudhry on Friday said Pakistan was “not a hard state”, as he outlined the country’s security situation and said security forces had killed an average of 10 terrorists every day so far this…

Read More

SC cases now fixed under 2026 policy

ISLAMABAD: Supreme Court Registrar Sohail Leghari has said that all cases before the apex court are now scheduled for hearing under the Supreme Court’s Case Fixation Policy 2026, adding that no case is fixed on the verbal instructions of Chief Justice Yahya Afridi. Briefing reporters on the court’s case management system, the registrar said cases…

Read More

Saudi group eyes $10b investment in Pakistan

Eyes infrastructure, tech as minister offers duty concessions, profit repatriation Saudi Arabia’s Falcon Vision Group has expressed interest in investing $10 billion in Pakistan, as Federal Minister for the Board of Investment Qaiser Ahmed Sheikh assured the delegation of full facilitation for investment in the country. The minister held a meeting with a high-level delegation…

Read More

Casemiro keen to team with Messi at Miami

Casemiro’s dream MLS partnership begins with Messi at Inter Miami. MIAMI: Brazil star Casemiro sang the praises of new Inter Miami teammate Lionel Messi on Thursday, calling his former La Ligarival a “god of football.” “Of course if I’m here it’s because of him and to help him and Inter Miami,” the former Real Madrid midfielder said of…

Read More