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The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index crossed the 110,000-point mark during trading on Monday. The index surged by an impressive 1,211 points in intraday trading, reflecting strong investor confidence and a robust market trend. Investors Celebrate Market Momentum The record-breaking performance has boosted investor sentiment. Analysts attribute the …
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Karachiites are finally experiencing a long-awaited cold wave. Temperatures in the city have dropped to 11°C, bringing a taste of winter. According to the Pakistan Meteorological Department (PMD), the city’s temperature is expected to remain between 10-12°C. Northeasterly winds blowing at 8 kilometers per hour, coupled with 36% humidity, are contributing to the cold spell. …
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The Supreme Court (SC) suspended the Election Commission of Pakistan’s (ECP) decision to disqualify MNA Adil Bazai. A three-member bench, led by Justice Syed Mansoor Ali Shah, restored Bazai’s National Assembly membership. The suspension remains effective until December 12. ECP Disqualification for Floor Crossing The ECP disqualified Adil Bazai in response to a reference filed …
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Reports have emerged about Syrian President Bashar al-Assad’s plane allegedly crashing under mysterious circumstances. Foreign media and the FlightRadar website highlight the incident, sparking widespread speculation. Bashar al-Assad’s Plane Flees Amid Rebel Attack According to FlightRadar, an aircraft departed from Damascus Airport during a rebel attack on the capital. Initially, the plane was headed toward …
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Syrian rebel forces made significant progress in their fight against the Assad regime. On Sunday, they reached additional cells in the infamous Saydnaya Prison near Damascus. They freed hundreds of detainees held under brutal conditions. Rebels Discover Hidden Cells Rebels streamed videos online showing their efforts to liberate the prisoners. In one Al Jazeera video, …
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The UK and the Republic of Ireland are bracing for Storm Darragh, which is set to bring damaging winds of up to 90mph. The storm has prompted the Met Office to issue a severe red weather warning for parts of the UK. The warning highlights a “danger to life” due to high winds, with flying …
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The humanitarian crisis in Gaza continues to worsen, particularly in shelters where displaced Palestinians are seeking refuge. Louise Wateridge of the UN’s agency for Palestinian refugees (UNRWA) highlighted the dire situation, where wounded children cry for food and face unhealed injuries due to inadequate care and resources. Overcrowded Shelters and Dire Living Conditions Wateridge, speaking …
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The announcement of the ICC Champions Trophy schedule continues to be delayed as unresolved logistical issues persist. Sources indicate that these issues need to be addressed before the official schedule can be released. Discussions will only take place in the ICC board meeting if necessary. The delays have been further complicated by the awaited response …
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Former Pakistan captain and veteran wicketkeeper-batter Sarfaraz Ahmed has hinted at the possibility of retiring from international cricket, raising questions about the end of his distinguished career. Speaking to the media at Rawalpindi Cricket Stadium on Friday, Sarfaraz, 37, subtly hinted that his retirement might be near. When asked about his future in the sport, …
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A senior Saudi royal has condemned Israel as a “genocidal” and “apartheid” state, urging incoming US President-elect Donald Trump to take action for peace in the Middle East. Prince Turki Al Faisal, the former head of Saudi Arabia’s intelligence agency for over two decades, called for justice to be served through the International Criminal Court …
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Islamabad: The Ministry of Energy has successfully renegotiated a power purchase agreement with Safe Power Company, sources confirmed. The company’s board approved changes to the agreement, introducing a revised tariff structure aligned with the Task Force’s proposed rates. Safe Power Company will now follow the “Take and Pay” tariff, ensuring more reliable payment terms. The …
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KARACHI: A “mild cold wave” is expected to hit Sindh from today (Saturday), as winter weather begins to take hold across the country, according to the Pakistan Meteorological Department (PMD). The cold wave will cause a significant drop in nighttime temperatures in various parts of the southern province. Temperature Drop in Sindh In the upper …
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Friday approved the Winter Package proposed by the federal government, offering discounts to consumers on additional electricity usage. The package is aimed at promoting energy efficiency during the colder months, with reduced rates for domestic, industrial, and commercial consumers. Discounts for Domestic and Industrial Consumers Under …
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South Korean President Yoon Suk Yeol apologized on Saturday for his decision to impose martial law earlier this week. He expressed regret for the shock caused by the move but refused to resign, despite growing pressure. His televised address came just hours before a parliamentary vote on his impeachment. Yoon described the martial law order …
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Your gut plays a vital role in your overall health. It doesn’t just digest food but also eliminates toxins and supports your immune system. A healthy gut boosts mood, energy, and overall well-being. Poor gut health, on the other hand, can lead to problems like a weakened immune system, poor mental health, and even chronic …
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The Lahore district administration inspected 2,576 shops, markets, and malls in the last 24 hours. Officials sealed 50 shops for violating government anti-smog standard operating procedures (SOPs) and imposed fines totaling Rs 20,000 on violators. Widespread Inspections Across Lahore Assistant Commissioners (ACs) conducted inspections in multiple areas of Lahore. AC City checked 480 places and …
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Islamabad: Patients in need of imported medicines received relief as the Drug Regulatory Authority of Pakistan (DRAP) introduced a new portal to streamline medicine and medical device imports. DRAP’s specialised portal, now live on its website, offers step-by-step guidance for importing medicines and medical devices. Hospitals and patients can directly access this tool to address …
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Direct flights between Pakistan and Bangladesh will commence soon, announced Bangladesh Deputy High Commissioner SM Mahbubul Alam. The initiative aims to strengthen bilateral trade and business ties between the two nations. Trade Exhibitions to Foster Collaboration The Deputy High Commissioner revealed plans for an exhibition in Hyderabad. The event will facilitate importers and exporters from …
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Islamabad: The Securities and Exchange Commission of Pakistan (SECP) inaugurated a two-day consultative conference on insolvency and debt enforcement laws in Islamabad. The event brought together Finance Minister Senator Muhammad Aurangzeb, judges from all high courts, international experts, lawyers, and policymakers to discuss critical reforms. Finance Minister Highlights Reform Priorities Finance Minister Muhammad Aurangzeb delivered the …
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Karachi: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has urged the government to address challenges in the edible oil supply chain by reducing duties on alternative oils like soybean, canola, and sunflower oil. This measure, he emphasized, would diversify imports and reduce Pakistan’s dependence on palm oil, which dominates the country’s …
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Karachi: The Federal Investigation Agency (FIA) Corporate Crime Circle raided a jewellery shop in Clifton, Karachi, and uncovered an illegal currency exchange operation. The raid led to the recovery of $40,000 and Rs 2.3 million in cash. Two Suspects Arrested Authorities arrested two suspects, Mumtaz Shaukat and Khalid Ayub, for their involvement in the unauthorized …
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The Kingdom of Saudi Arabia has extended the $3 billion deposit placed with the State Bank of Pakistan (SBP). The deposit, which was set to mature on December 5, 2024, will now remain for another year. The extension comes through the Saudi Fund for Development (SFD) and reflects Saudi Arabia’s ongoing support for Pakistan’s economy. …
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The Pakistan Stock Exchange (PSX) continued its strong upward momentum on Thursday. The 100-Index recorded a significant increase, highlighting growing investor confidence in the market. The trading session opened at 105,104 points. By the end of the day, the 100-Index surged to 108,238 points, gaining a massive 3,134 points. During the day, the index achieved …
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