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The Pakistan Stock Exchange crash deepened on Thursday as geopolitical fears erased early gains and sparked widespread panic selling. Rising hostilities between Pakistan and India rattled investor confidence, dragging the KSE-100 Index down by nearly 6%. From Rally to Collapse The day began with optimism as the KSE-100 surged 1.7% to a high of 111,881.02 …
Continue reading “Market Turmoil: PSX Plunges as Tensions with India Escalate”
In a significant Karachi airport update, the Pakistan Airports Authority (PAA) has confirmed the immediate restoration of flight operations at Jinnah International Airport. The announcement came on May 8, 2025, following temporary suspensions earlier this week due to escalating regional tensions. All Major Airports Operational According to the PAA, all major airports across the country—including …
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The Palworld gliding removal has sparked fresh reactions among gamers after developers were forced to eliminate creature-assisted flight. The latest change, introduced in Patch v0.5.5, comes amid rising legal pressure from Nintendo and The Pokémon Company over alleged similarities to Pokémon game mechanics. Glider Item Replaces Pal Support Effective immediately, players must use a separate …
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The PSL match rescheduled between Peshawar Zalmi and Karachi Kings, originally set for tonight in Rawalpindi, has been postponed. The Pakistan Cricket Board (PCB) made the decision after consulting with all relevant stakeholders, citing current circumstances. New Match Date Pending The PCB has not yet announced the revised date for the fixture. Officials stated that …
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Pakistan has reimposed an airspace closure over Lahore as tensions with India intensify. The Pakistan Airports Authority (PAA) issued a fresh Notice to Airpersons (NOTAM) early Thursday, shutting down Lahore’s airspace until 6 a.m. Friday, citing operational and security concerns. Flights Disrupted Nationwide The PAA advised passengers to remain in close contact with their respective …
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Pakistan’s Defence Minister faced sharp scrutiny after failing to provide concrete evidence to support the military’s claim of shooting down five Indian fighter jets — instead pointing to disputed jet downing footage circulating on social media. The incident has raised doubts internationally and fueled tensions during an already volatile period between India and Pakistan. Minister’s …
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Pakistan’s military has successfully shot down 25 Israeli-made drones launched by India in a fresh wave of attacks. According to the Inter-Services Public Relations (ISPR), the drones, identified as Harop models, were neutralised across multiple locations overnight. The military described India’s actions as provocative and a desperate attempt following its battlefield setbacks. Wave of Drone …
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New Delhi: The Indian rupee suffered its steepest single-day drop in over two years. The sharp decline came as geopolitical tensions with Pakistan escalated. On Thursday, the rupee closed at 85.513 per U.S. dollar, down 0.93% from the previous day. It marked the currency’s biggest daily fall since early 2023. Tensions Shake Investor Confidence Market …
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Karachi: Gold prices in Pakistan fell sharply on Wednesday, offering some relief to buyers amid weeks of soaring rates. The price of one tola of gold dropped by Rs4,200, bringing the new rate to Rs352,700. Major Drop in Local Market According to the All Pakistan Gems and Jewellers Association (APGJA), gold prices saw a significant …
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ISLAMABAD: Azerbaijan on Thursday expressed deep concern over the rising tensions between India and Pakistan. The country strongly condemned India’s recent missile strikes on Pakistani territory. In a statement, Azerbaijan’s Foreign Ministry said, “We condemn military attacks against the Islamic Republic of Pakistan that killed and injured several civilians.” The ministry also extended condolences to …
NEW DELHI: India has suspended flight operations at 27 airports, disrupting air travel across the country. Over 430 flights were cancelled on Thursday, according to Indian media reports. The Airports Authority of India (AAI) confirmed the decision. A Notice to Airmen (NOTAM) was issued, stating that the closures would remain in effect until May 10. …
Meta has blocked access to a prominent Muslim news page on Instagram in India. The account, @Muslim, has over 6.7 million followers. The decision followed a request from the Indian government. Indian Instagram users trying to access the page now see a message: “Account not available in India. This is because we complied with a …
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RAWALPINDI: The Director General of Inter-Services Public Relations (ISPR), Lieutenant General Ahmed Sharif Chaudhry, confirmed on Thursday that India launched drone attacks across several cities in Pakistan. He said Pakistani forces responded swiftly. They successfully shot down 12 Indian drones. However, the attack left one person martyred and another injured in Sindh. “This was an unprovoked …
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KARACHI: Pakistan International Airlines (PIA) has issued a travel advisory for passengers as flight operations remain disrupted due to rising tensions between Pakistan and India. The national carrier confirmed that ongoing security concerns have impacted air traffic at Karachi’s Jinnah International Airport. According to the PIA spokesperson, several air routes are currently under temporary restrictions. …
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NASA’s Roman Space Telescope has reached a major development milestone. One of its key subsystems successfully passed a rigorous thermal vacuum test, bringing the mission one step closer to launch. Thermal Vacuum Test Passed The completed test involved the outer barrel assembly, the deployable aperture cover, and test solar panels. This half of the telescope …
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Quetta Gladiators rewrote history on May 7 by posting a PSL record total of 263 for 3 against Islamabad United at Rawalpindi. This remarkable feat marked the highest-ever total in Pakistan Super League history and also set a new benchmark for men’s T20s in Pakistan. Centuries That Stunned the Stadium Rilee Rossouw and Hasan Nawaz …
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Tensions have sharply escalated in the Pakistan-India conflict after Indian missile strikes killed 31 people in Pakistan-administered areas, prompting Islamabad to authorize its military to carry out retaliatory actions. Strikes Spark Outrage in Islamabad In a strongly worded statement, Pakistan accused India of “igniting an inferno” across the region. The strikes, which occurred in the …
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The long-rumored Xbox handheld device has surfaced online in leaked images, revealing Microsoft’s collaboration with Asus on a gaming console codenamed “Project Kennan.” The device appears to be a modified version of the upcoming Asus ROG Ally 2, now branded with Xbox’s signature design cues and hardware customizations. Xbox Branding Confirmed Photos show two versions …
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The HBL PSL X will continue as planned despite regional tensions, the Pakistan Cricket Board (PCB) confirmed on May 7. The tournament’s next fixture features Islamabad United facing off against Quetta Gladiators at the Rawalpindi Cricket Stadium later today. Final Group Match in Multan Following the Rawalpindi fixtures, the final group stage match will be …
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Pakistan has officially authorized its military to take retaliatory steps following a sharp military escalation with India. This decision came after Indian airstrikes reportedly hit six locations in Pakistan-administered territory, killing 26 civilians and injuring 46 others. Indian Strikes Spark Crisis On May 7, India announced it had carried out “precision strikes” at nine sites …
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Today’s gold rates in Pakistan reflect global market movements and domestic trading dynamics. As investors closely monitor international bullion trends, local markets respond with daily fluctuations. These rates are updated regularly by major Sarafa (gold) markets across cities like Karachi, Lahore, and Islamabad. Current Gold Prices As of May 7, 2025, the price of 24-karat …
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Amid rising tensions with India, Pakistan has strengthened its financial resilience by reinforcing contingency plans across key financial institutions. This swift action follows retaliatory military operations and a temporary stock market dip. Authorities are focused on safeguarding economic infrastructure and maintaining investor confidence. Swift Government Action An emergency meeting was held under Finance Minister Muhammad …
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Following Indian missile attacks on multiple locations in Pakistan, political leaders across the spectrum have strongly condemned the aggression, calling it a cowardly assault on civilians and a threat to regional peace. Civilian Casualties Spark Outrage India’s missile strikes targeted six areas in Pakistan, killing 26 people—including two three-year-old girls and seven women—and injuring 46 …
Continue reading “Pakistani Leaders Unite Against Indian Missile Strikes on Civilians”
