Pakistan Stock Exchange Hits Record High on Thursday Amid IMF Optimism

KARACHI: The Pakistan Stock Exchange (PSX) soared to a new all-time high on Thursday. Investors reacted positively to reports of the International Monetary Fund’s (IMF) readiness to approve the government’s circular debt management plan. The bullish momentum gained strength as discussions on privatizing state-owned enterprises (SOEs) continued. Hopes of a cut in industrial power tariffs …

JUI-F Leader Hafiz Hussain Ahmed Passes Away

QUETTA: Senior Jamiat Ulema-e-Islam-Fazl (JUI-F) leader Hafiz Hussain Ahmed passed away on Wednesday after battling a prolonged illness, his son Munir Ahmed confirmed. Ahmed had been suffering from kidney disease for a long time, his son said. The family will announce details of his funeral prayer and burial later. Molana Fazlur Rehman Pays Tribute Jamiat …

Sehri and Iftar Timings for 19th Ramadan – March 20, 2025

On the 19th of Ramadan 1446 AH, corresponding to March 20, 2025, the Sehri (pre-dawn meal) and Iftar (evening meal) timings for major cities in Pakistan are as follows: City Sehri Time Iftar Time Karachi 5:19 AM 6:44 PM Lahore 4:45 AM 6:15 PM Islamabad 4:47 AM 6:18 PM Rawalpindi 4:47 AM 6:18 PM Peshawar …

PM Shehbaz Sharif Visits Saudi Arabia to Strengthen Economic Ties

Prime Minister Shehbaz Sharif has arrived in Jeddah for a four-day visit aimed at enhancing Pakistan-Saudi economic cooperation. He was welcomed by Prince Saud bin Mishaal bin Abdulaziz, the deputy governor of Makkah, upon his arrival on March 19, 2025. During his visit, he will hold high-level meetings to boost trade, expand investments, and strengthen …

Torkham Border Reopens After 25 Days Following Ceasefire Agreement

The Torkham border, a crucial gateway for trade and travel between Pakistan and Afghanistan, has reopened after a 25-day closure. Authorities from both countries reached a ceasefire agreement, allowing commercial trucks to resume operations. From Friday onwards, pedestrian crossings will also be permitted, restoring movement between the two nations. Trade Resumes After Long Disruption The …

Secretary Commerce Suspends DGTO’s Decision, Restores Chamber of Commerce

The Secretary of Commerce has taken decisive action. He suspended the DGTO’s decision and restored the Chamber of Commerce. The DGTO had separated the voter lists for the Corporate Class and Associations Class. It then barred separate elections. Following this, the office bearers left the chamber. Their nameplates were removed. The move created confusion among …

Fed Holds Rates Steady, Signals No Rush for Cuts

The Federal Reserve has decided to keep interest rates unchanged at 4.25%-4.50%, signaling that it is in no hurry to cut rates despite economic uncertainty. Chairman Jerome Powell emphasized the need for clarity on inflation and labor market trends before making any policy adjustments. Economic Strength and Inflation Concerns Powell noted that the economy remains …

SBP Confirms Fresh Banknote Issuance for Eid

The State Bank of Pakistan (SBP) has denied claims that it is not issuing fresh banknotes for Eid-ul-Fitr. The central bank continues its tradition of providing new banknotes to commercial banks. This ensures the public can access fresh currency notes during the festive season. Read: Husband Sets Wife on Fire After She Objects to His Infidelity …

Husband Sets Wife on Fire After She Objects to His Infidelity

In a horrifying case of domestic violence, a man in Karachi set his wife on fire after she confronted him about his extramarital affairs. The victim, Rabia, suffered severe burns after her husband, Waqas, tortured and doused her in petrol before setting her ablaze. The incident occurred in Korangi Mehran Town, where the couple had …

Trump and Zelensky Speak After Putin Call Amid War Concerns

Amid rising tensions, Ukraine’s President Volodymyr Zelenskyy and U.S. President Donald Trump are holding a crucial phone call following Trump’s recent conversation with Russian President Vladimir Putin. With Ukraine war negotiations at the forefront, Zelenskyy aims to secure continued U.S. military aid and intelligence support while ensuring no compromises are made at Ukraine’s expense. Zelenskyy …

Saboor Aly and Ali Ansari Celebrate the Birth of Their Baby Girl

Pakistani actors Saboor Aly and Ali Ansari have stepped into a new chapter of their lives as they welcome their first child, Serena Ali. The couple, adored by fans for their chemistry on and off-screen, shared the joyful news on social media, calling their daughter their “tiny miracle and biggest blessing.” A Heartfelt Announcement On …

FireSat: Google’s Advanced Satellite Revolutionizes Wildfire Detection

FireSat, a groundbreaking satellite constellation, is set to transform wildfire detection and management worldwide. Launched by the Earth Fire Alliance in collaboration with Google and Muon Space, this advanced system uses high-resolution infrared cameras and AI-powered analysis to detect and track wildfires with unprecedented speed and accuracy. As climate change fuels more frequent and intense …

Babar Azam, Naseem Shah Struggle in National T20 Cup Comeback

Babar Azam and Naseem Shah had a tough return to domestic cricket as Lahore Blues suffered a defeat against Karachi Whites in the National T20 Cup. Babar’s Underwhelming Performance Babar Azam, opening for Lahore Blues, managed 22 runs off 17 balls, hitting three boundaries before getting caught while attempting a reverse sweep. His early dismissal …

Shawwal Moon Likely to Be Sighted on March 30

The Shawwal moon is expected to be sighted on March 30, making March 31 the likely date for Eid ul Fitr in Pakistan. According to the Pakistan Meteorological Department (PMD), weather conditions will be favorable for moon sighting, and visibility is expected to be clear. Shawwal Moon’s Expected Visibility The PMD reported that the Shawwal …

World Bank Approves $102 Million Loan to Boost Pakistan’s Microfinance Sector

The World Bank has approved a $102 million loan for Pakistan’s Resilient and Accessible Microfinance (RAM) Project, aiming to improve access to microcredit and strengthen the country’s microfinance sector. This initiative will benefit nearly 1.9 million people, particularly low-income families struggling with financial challenges and climate-related shocks. Support for Vulnerable Communities The RAM Project will …

Sehri and Iftar Timings for 18th Roza – March 19, 2025

As we enter the 18th fast of Ramadan on March 19, 2025, Muslims across Pakistan are observing this sacred month with devotion. Accurate timing for Sehri (pre-dawn meal) and Iftar (breaking of the fast) is crucial. Here are the Sehri and Iftar timings for major cities: Sehri and Iftar Timings (Fiqh Hanafi) City Sehri Time …

SBP Confirms Fresh Banknote Issuance for Eid

The State Bank of Pakistan (SBP) has reaffirmed that it is issuing fresh banknotes for Eid-ul-Fitr, countering claims that new currency notes are unavailable. The central bank has already distributed Rs. 27 billion in fresh banknotes to 17,000 commercial bank branches across the country. This move ensures the public can access crisp new notes during …

Stock Market Soars on Circular Debt Resolution Hopes

The Pakistan Stock Exchange (PSX) surged as investor confidence grew over the circular debt resolution and progress in the International Monetary Fund (IMF) program. The KSE-100 Index gained 801.50 points (0.69%), closing at 117,001.09, extending its bullish momentum. Market Performance and Investor Sentiment The KSE-100 Index saw a strong trading session, reaching an intraday high …

Trump Cuts Voice of America Funding, China Applauds Decision

The Voice of America cuts ordered by Donald Trump have sparked global reactions, with China’s state media celebrating the move. The cuts have put 1,300 staff on leave and severely impacted media outlets that report on authoritarian regimes. Critics warn this weakens press freedom, while Beijing calls it a victory against “Western propaganda.” China Praises …

Sindh Announces School Closure on Youm-e-Ali

The Sindh Education Department has declared March 22 a holiday for educational institutions across the province. The decision honors Youm-e-Ali, observed on the 21st of Ramadan, marking the martyrdom of Hazrat Ali (RA). Both public and private schools under the School Education and Literacy Department will remain closed. Official Notification and Decision The education department …

Small Plane Crash Near Roatán Kills 12, Including Honduran Music Icon

A small plane crash near Roatán, a popular Caribbean island in Honduras, has left 12 people dead, including renowned musician and politician Aurelio Martínez. The tragic accident occurred moments after takeoff, with only five survivors rescued from the ocean by local fishermen. Crash Moments After Takeoff The Jetstream 32 aircraft took off from Roatán on …

NASA Astronauts Finally Return After Nine Months on ISS

Two NASA astronauts, stranded aboard the International Space Station (ISS) since June 2024, are finally heading back to Earth after a nine-month delay. Sunita Williams and Barry “Butch” Wilmore, originally scheduled for a short mission, had their stay extended due to the failure of Boeing’s Starliner capsule. They are now returning aboard a SpaceX Dragon …

Haris Rauf Responds to Growing Criticism of Pakistan Cricket Team

Criticism of the Pakistan cricket team has become a routine, according to fast bowler Haris Rauf, who believes people are quick to point fingers whenever the team loses. Following Pakistan’s defeat in the second T20I against New Zealand in Dunedin, Rauf addressed the ongoing scrutiny, emphasizing the need for patience with players. Criticism Has Become …

Exit mobile version