Shares of 340 companies were traded. At the end of the day, 93 stocks closed higher, 233 declined and 14 remained unchanged. PHOTO: FILE KARACHI: The Pakistan Stock Exchange (PSX) came under selling pressure on Wednesday as investors reacted to renewed tensions between Pakistan and Afghanistan, coupled with mixed corporate earnings. The benchmark KSE-100 index…
Cnergyico receives 1 million barrels of WTI at its offshore terminal under new trade arrangement OCAC urged the Special Investment Facilitation Council to intervene and recommend the withdrawal of petroleum and climate support levies on furnace oil, which would help restore policy consistency and support critical sectors. PHOTO: FILE ISLAMABAD: The first US crude oil…
HBL PSL CEO Salman Naseer was addressing to a press conference. Photo: PCB/File The HBL Pakistan Super League (PSL) is set to expand to eight teams, with the Pakistan Cricket Board (PCB) preparing to auction two new franchises ahead of PSL 11. The development was confirmed by PSL Chief Executive Officer Salman Naseer while speaking…
The decision was taken to not jeopardise India’s chances of hosting the 2036 Olympics by boycotting Pakistan India also hosted the Commonwealth Games in 2010. PHOTO: AFP India will host Pakistan at the 2020 Commonwealth Games, several Indian media outlets reported on Wednesday. The decision seems to have come to not jeopardised India’s chances of…
Incident occurs on Lyari Expressway as DIG Traffic’s vehicle exits Garden Interchange Karachi’s newly implemented faceless e-ticketing system has issued a fine to a vehicle belonging to the Deputy Inspector General (DIG) of Traffic Police, Pir Muhammad Shah, for violating traffic rules. The fine was issued for the driver not wearing a seatbelt while driving,…
Borussia Dortmund players celebrate after knocking Eintracht Frankfurt out of the German Cup on penalties. Photo: AFP FRANKFURT: Borussia Dortmund eliminated Eintracht Frankfurt from the German Cup in the second round on Tuesday, winning 4-2 on penalties after the match finished 1-1. Dortmund were faultless from the spot with Fabio Silva, Niklas Suele, Carney Chukwuemeka…
Rohit Sharma. Photo: AFP India opener Rohit Sharma has attained No. 1 position in the ICC Men’s ODI Batting Rankings for the first time in his career after some fine performances in the three-match series in Australia. Rohit, who followed up his knock of 73 in the second ODI in Adelaide with a match-winning unbeaten…
New Zealand’s Blair Tickner celebrates with his team-mates after sending back Joe Root. Photo: AFP HAMILTON: New Zealand defeated England by five wickets in the second ODI in Hamilton on Wednesday, with the return of Jofra Archer unable to ignite the visitors’ full-throttle style of cricket. The victory meant New Zealand clinched the three-match series…
Grokipedia’s content is generated by a generative-AI assistant called Grok, developed by xAI Technology entrepreneur Elon Musk’s company xAI has introduced Grokipedia, a new AI-driven online encyclopedia intended as a direct competitor to Wikipedia, which Musk and several US conservative figures have long accused of ideological bias. The site, labeled version 0.1, reportedly contained more…
Pakistan High Commission in New Delhi issues 2,100 visas to Sikh pilgrims from India Preparations have been finalised across Pakistan for the 556th birth anniversary celebrations of Baba Guru Nanak Dev Ji, the revered founder of Sikhism. The Pakistan High Commission in New Delhi has issued more than 2,100 visas to Sikh pilgrims from India…
