KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile session on Tuesday, where the benchmark KSE-100 index shed 1,579 points, or 0.94%. After opening on a positive note, the index touched the intra-day high of 168,519, but selling pressure emerged immediately, dragging the market down. The index hit the intra-day low of 165,997 towards the…
KARACHI: Gold prices in Pakistan rose on Tuesday, tracking gains in the international market, where US gold futures broke past the unprecedented $4,000 per ounce level for the first time. The surge was driven by expectations of an upcoming Federal Reserve rate cut and sustained safe-haven demand amid the ongoing US government shutdown. In the…
ISLAMABAD: The Public Accounts Committee (PAC) Sub-Committee on Tuesday was informed of financial discrepancies within the Federal Public Service Commission (FPSC), as it emerged that federal receipts amounting to Rs18.965 million remain unreconciled. The sub-committee, chaired by MNA Tariq Fazal Chaudhry, directed that a Departmental Accounts Committee (DAC) meeting be held again to resolve the…
ISLAMABAD: The Islamabad High Court (IHC) has issued notices to the prosecutionthe Federal Investigation Agency (FIA)on the acquittal petitions filed by former prime minister Imran Khan and his spouse Bushra Bibi in the Toshakhana-II case and sought a response. An IHC bench comprising Justice Inaam Ameen Minhas on Tuesday took up the couple’s petitions seeking…
ISLAMABAD: The Indus River System Authority Advisory Committee (IAC) on Tuesday approved water availability for the Rabi 2025-26 season, projecting an overall system shortage of 8%, despite the country experiencing heavy floods during the current year. The figure marks the lowest shortage in the past decade, according to officials. As a result, the anticipated provincial…
ISLAMABAD: Pakistan has finalised a $3.5 billion financing agreement with six major international financial institutions for the development of the historic Reko Diq mining project in Balochistan – a milestone for one of the country’s most significant mineral ventures. According to official sources, the financing package includes commitments from leading global lenders such as the…
ISLAMABAD: The chief military spokesperson has said Chinese weapon systems deployed during Pakistan’s four-day military conflict with India in May performed “exceptionally well”. “Of course, lately, recent Chinese platforms, they [Chinese weapon systems] have demonstrated exceptionally well,” the Inter-Services Public Relations (ISPR) director general, Lieutenant General Ahmed Sharif Chaudhry, said in an interview with Bloomberg….
HYDERABAD: After Karachi, dairy and cattle farm owners in Hyderabad are also preparing to sharply increase the price of milk by Rs50 to Rs60 per litre, blaming rising production and transportation costs for the move. Speaking to Daily Express, Hyderabad Retail Dairy Sellers Welfare Association General Secretary Nasir Ghori confirmed that, given the current inflation,…
LAHORE: A biodiversity survey is under way in Punjab, covering the province’s wildlife, flora, and fauna under the International Union for Conservation of Nature’s (IUCN) National Survey Programme. After completing assessments of terrestrial and aquatic reptiles, experts say that nearly 90 per cent of the flora survey has also been finalised, while the migratory bird…
The pink ribbons that adorn October during Breast Cancer Awareness Month are not just the symbol of a global health awareness campaign, but a reminder of a critical national health emergency. With one of the highest incidence rates of breast cancer in Asia, the disease casts a long shadow over Pakistan. However, it is worth…
