On Monday, law enforcement quietly foiled an alarmingly audacious, deadly plot in Karachi, where the Balochistan Liberation Army had moved to recruit a minor schoolgirl into a suicide mission. The child was rescued before irreparable harm was done. Across the length and breadth of the country, militants are mixing old grievances with new tactics, turning […]
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Water Politics
On Monday, India marked another blow to the Indus Water Treaty (IWT) by approving a new hydropower project on the Chenab River–an action that goes beyond the routine disputes that have long surrounded the agreement. Pakistan was quick to condemn this development as a blatant violation of the spirit of the 1960 treaty, pointing to […]
TODAY’S CARTOON
PSX crosses 174,400 points as investor confidence strengthens
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Monday closed bullish, gaining 1,495.61 points, a positive change of 0.87 percent, to settle at 173,896.34 points compared to 172,400.73 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume of 858.054 million shares […]
Karachi-Dhaka flights likely from January, says Pakistan’s HC
Pakistan’s High Commissioner to Bangladesh Imran Haider expressed hope on Monday that direct flights between Karachi and Dhaka will start in January, during a meeting with the Chief Advisor Professor Muhammad Yunus. Relations between Pakistan and Bangladesh remained shaky during Sheikh Hasina’s rule. However, following the popular revolt against her government and her subsequent exile, […]
Minister reviews Rs 2.1tr hydropower portfolio; seeks 3-year completion plan
Federal Minister for Planning, Development and Special Initiatives Prof Ahsan Iqbal on Monday reviewed Rs 2.1 trillion Power, hydel power portfolio and sought three-year completion plan. The Minister has chaired a high-level meeting to review critical Public Sector Development Programme (PSDP) projects in the power and hydel energy sectors, directing the Power Division to prioritise […]
Gold prices decline to Rs 470,162
pakistan-gold-prices-latestThe price of 24-karat gold decreased by Rs 5,500 per tola and was sold at Rs 470,162 on Monday as compared to Rs 475,662 on the previous trading day, All Pakistan Sarafa Gems and Jewellers Association reported. The price of 10 grams of 24 karat gold also dropped by Rs 4,715 to Rs403.088 from 407,803, […]
Rupee marginally up against dollar
The Rupee on Monday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 280.16 compared to the previous day’s closing at Rs 280.17. According to the Forex Association of Pakistan (FAP), the buying and se ling rates of the Dollar in the open market were recorded at Rs 281 […]
Plan finalised to empower SMEs, to be presented to PM
Special Assistant to the Prime Minister, Haroon Akhtar Khan, chaired a high-level meeting with the Small and Medium Enterprises Development Authority (SMEDA) and international consultancy firm A.T. Kearney to review the comprehensive business plan for Small and Medium Enterprises (SMEs). Members of the SMEDA Board also participated in the meeting, where a detailed overview of […]
Farmers urge support amid falling potato prices
Potato growers in Punjab and Sindh, are facing serious economic challenges due to falling market prices, rising input costs and limited export opportunities, said Rana Amjad Ali Amjad,Provincial Coordinator of All Pakistan Kissan Ittehad Punjab here on Monday. He said potato prices in local markets had dropped below production costs, while expenses on seed, fertilizer, […]