The price of 24 karat per tola gold increased by Rs.8,600 and was traded at all time high at Rs.348,000 on Wednesday as compared to its sale at Rs339,400 on previous trading day, All Pakistan Sarafa Gems and Jewelers Association reported. The prices of 10 grams of 24 karat also increased by Rs.7,373 to Rs […]
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Donald Trump raises China tariffs to 245% in latest trade-war move
US President Donald Trump on Tuesday signed an executive order increasing tariffs on Chinese imports to 245%, citing China’s retaliatory measures as the trigger for the move. The order, issued on April 15, marks a significant escalation in the ongoing US-China trade dispute. According to a White House factsheet accompanying the announcement, the tariff hike […]
Govt scraps 3% FED on property sale
The government has decided to immediately abolish the 3% federal excise duty (FED) being charged on the first sale of all properties in Pakistan after July. This reverses a contentious tax measure, that has severely damaged the real-estate sector, after almost 10 months of its introduction. The decision has been taken in consultation with the […]
Minister calls for global support in textile waste recycling
Federal Minister for Climate Change and Environmental Coordination, Senator Musadik Masood Malik, has underscored the critical role of the used textiles trade in combating global fashion waste, stating that millions of tons of clothing end up in landfills each year. Speaking at a high-level dissemination meeting on circularity and the used textiles trade, organized by […]
PSX witnesses bearish trend, loses 755 points
The 100-Index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, losing 755.40 points, a negative change of 0.65 percent, closing at 116,020.11 points as compared to 116,775.50 points on the last trading day. A total of 481,813,460 shares were traded during the day as compared to 479,465,114 shares the previous trading […]
PSG keep Champions League bid alive, despite old ghosts reappearing
Luis Enrique’s side have won plaudits for the thrilling way they have played in recent months and went into the second leg of their quarter-final on a run of one defeat in 30 matches. That single loss came at home to Liverpool in the first leg of the last 16 and was overturned a week […]
Barca suffer morale blow in Dortmund amid quadruple hunt
Hansi Flick’s side lost their unbeaten start to 2025, falling at the 25th hurdle, and were given a scare in the 3-1 defeat by Dortmund, progressing 5-3 on aggregate after their emphatic first-leg rout. Barca have been the competition’s most entertaining side and for the first time in years are serious contenders to lift the […]
All Blacks star Ioane to join Leinster from Blues
New Zealand centre Rieko Ioane will join United Rugby Championship and Investec Champions Cup frontrunners Leinster for the 2025-26 season. Ioane is contracted to the Blues in New Zealand until 2027 but will take a “sabbatical” to join the Irish province on a seven-month contract after the November internationals. The 28-year-old, who can also play […]
Canadian election debate moved to avoid NHL clash
An election debate in Canada has been rescheduled to avoid a clash with a Montreal Canadiens hockey game. The Canadiens take on the Carolina Hurricanes at 19:00 ET (23:00 BST) on 17 April, and could clinch a spot in the Stanley Cup play-offs with victory. The French-language leaders’ debate had been scheduled to start at […]
Mid-Air stabbing incident on Qatar airways flight raises safety concerns
A Qatar Airways flight from Doha to New York experienced chaos when a child allegedly stabbed a passenger with a metal fork. The incident occurred on the 14-hour journey as the child roamed the cabin while her mother was asleep. As a result, crew members intervened to address the situation and ensure safety. The situation […]