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The PSX market crash intensified on Wednesday as the benchmark KSE-100 Index plummeted by 1,379 points, closing at 114,153.15. This 1.19% drop reflects the mounting investor anxiety surrounding Pakistan’s economic outlook and deepening global trade tensions. The day’s sharp decline underscored the bearish sentiment dominating the trading floor. Market Volatility Returns Throughout the session, the …
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For the first time in its history, HBL PSL X will kick off with a grand opening ceremony at the Rawalpindi Cricket Stadium. Set for Friday, April 11, the ceremony promises an unforgettable evening of music, culture, and cricket, marking a major milestone in the league’s journey. Fans can look forward to a dazzling celebration …
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Pakistan is setting the stage for a transformative era in sustainable mining, as highlighted during the concluding session of the Pakistan Minerals Investment Forum held in Islamabad. Addressing industry leaders and stakeholders, Managing Director of Oil and Gas Development Company Limited (OGDCL), Ahmed Hayat Lak, emphasized that the country is not only mineral-rich but fully …
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Prime Minister Shehbaz Sharif has reaffirmed his government’s commitment to comprehensive energy sector reforms aimed at long-term relief for the public. During a meeting in Islamabad with a Jamaat-e-Islami delegation on Tuesday, the premier highlighted ongoing efforts to restructure the energy system, reduce costs, and prioritize the well-being of the people. Acknowledging Public Concerns The …
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The global trade war reached new heights on Wednesday as China announced steep 84% tariffs on US goods, up from the previously declared 34%. This retaliatory move came just hours after US President Donald Trump’s aggressive 104% tariffs on Chinese imports took effect. The tit-for-tat escalation has sent shockwaves through financial markets and rattled global …
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Veteran politician and Senator Taj Haider, a prominent figure of the Pakistan Peoples Party (PPP), passed away in Karachi on Tuesday after battling cancer. He was 83. His death marks the end of an era for the party and Pakistan’s democratic movement. Final Days and Confirmation Haider had been admitted to the intensive care unit …
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In a dramatic escalation of the ongoing trade war, the United States has raised US-China tariffs to an unprecedented 104% effective immediately. President Donald Trump approved the tariff hike after China failed to withdraw its retaliatory 34% tariffs on American goods within the 24-hour deadline issued by Washington. From Warning to Action in Days This …
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Saudi Arabia has shown a strong commitment to expanding mineral investment in Pakistan, signaling deeper economic cooperation between the two nations. The interest emerged during a high-level meeting in Islamabad on Tuesday, where Saudi Deputy Minister for Mining Abdul Rahman Al-Balushi led a delegation to meet Pakistan’s Petroleum Minister Ali Pervez Malik. Saudi Delegation Expresses …
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In a striking leap for genetic science, genetically engineered wolves with features resembling the long-extinct dire wolf are now alive and thriving in a secure, undisclosed location in the United States. These young wolves, developed by Colossal Biosciences, showcase traits similar to their prehistoric cousins—long white hair, powerful jaws, and a projected adult weight of …
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Interior Minister Mohsin Naqvi has launched a decisive crackdown on human trafficking across Pakistan. The announcement came during a high-level meeting in Islamabad on Tuesday, where he issued strong directives to law enforcement agencies to dismantle trafficking networks and combat cybercrime with full force. Nationwide Operation Against Traffickers Speaking to the newly appointed Director General …
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Microsoft has dismissed two software engineers for disrupting its 50th anniversary events with protests against the company’s contracts with the Israeli military. The Microsoft-Palestine protest controversy has ignited a broader conversation about the role of Big Tech in global conflicts and the limits of workplace activism. Engineers Protest Company’s Role in Conflict Ibtihal Aboussad, a …
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The Afghan refugee repatriation process continues to gain momentum, with 4,966 Afghan nationals departing for Afghanistan on Sunday night alone, according to an official report. Breakdown of Departures The report revealed that among the total number of refugees, 1,698 individuals possessed Afghan Citizen Cards (ACC), while the remaining 3,268 were unregistered residents in Pakistan. Deportations …
South Korea has officially announced a snap presidential election for June 3, following last week’s dramatic removal of President Yoon Suk Yeol. The impeachment has plunged the nation into political uncertainty and opened the door for a wide field of contenders vying to lead Asia’s fourth-largest economy. Power Vacuum Amid Crisis Yoon’s ouster came after …
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At the Pakistan Minerals Investment Forum 2025, Prime Minister Shehbaz Sharif declared that mineral resources in Pakistan could help the country break free from IMF dependency. Speaking at the Jinnah Convention Centre in Islamabad, the premier emphasized that unlocking the full potential of the nation’s natural wealth could pave the way to sustainable economic independence. …
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Islamabad: Federal Minister for Commerce Jam Kamal Khan held a high-level meeting with leading exporters to address concerns over the U.S. tariff policy and its impact on Pakistan’s trade. The session aimed to chart a unified strategy to safeguard Pakistan’s exports. The meeting brought together representatives from key export sectors. These included textiles, garments, leather, …
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Karachi: National Resources Limited (NRL) has discovered significant copper-gold mineralization in Chagai, Balochistan. Muhammad Ali Tabba, Chairman of NRL and CEO of Lucky Cement, announced the breakthrough at the Pakistan Minerals Investment Forum 2025. NRL is a 100% Pakistani-owned private company. It operates under Fatima Fertilizer, Liberty Mills Limited, and Lucky Cement. The company was granted …
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In a groundbreaking discovery, researchers using artificial intelligence in forensics have revealed that fingerprints may not be as unique as once believed. Contrary to over a century of forensic dogma, a new AI model has shown that fingerprints from different fingers of the same individual can often appear strikingly similar. AI Reveals Overlapping Patterns Led …
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In a decisive step toward executing Pakistan’s deportation plan, the Afghan refugee repatriation process has accelerated in Punjab as the Federal Investigation Agency (FIA) forms eight dedicated teams to handle the operation. This move follows the federal government’s directive to expel undocumented and illegal Afghan nationals from the country. FIA Forms Regional Teams for Repatriation …
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In a crucial diplomatic development, counterterrorism cooperation took center stage as Foreign Minister Ishaq Dar held his first official call with US Secretary of State Marco Rubio. The conversation marks a renewed push to rebuild ties between the two nations amid growing regional and economic challenges. Strengthening Bilateral Ties According to a statement by Pakistan’s …
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As pressure builds over rising US tariffs, Federal Minister for Commerce Jam Kamal Khan has taken a proactive step by holding a high-level meeting with top Pakistani exporters in Islamabad. The session aimed to shape a national response to potential trade setbacks and strengthen the country’s global export position. Broad Industry Representation Export leaders from …
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Renowned Qawwali singer Rahat Fateh Ali Khan has broken attendance records with his electrifying performances during the Legacy of the Khans 2025 Tour in the United Kingdom. Drawing nearly 12,000 fans at London’s iconic Wembley OVO Arena alone, the celebrated artist reaffirmed his legacy as the global face of Qawwali and Sufi music. A Triumphant …
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Former first lady Bushra Bibi has approached the Islamabad High Court (IHC) seeking better prison conditions at Adiala Jail, where she is currently serving a seven-year sentence. In her plea, she emphasized her entitlement to specific jail facilities under the Pakistan Prison Rules, 1978, citing her public profile and former status as the spouse of …
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In a turbulent start to the week, the KSE-100 Index at the Pakistan Stock Exchange (PSX) plummeted by nearly 3,900 points on Monday. The dramatic drop was fueled by rising fears over global trade tensions, particularly the reintroduction of Trump-era tariffs, along with growing uncertainty surrounding domestic economic policies. Sharp Losses Shake Investor Confidence The …
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