The Pakistan Stock Exchange (PSX) opened on a positive note on Tuesday, with the KSE-100 index soaring 1,259 points within minutes, marking a 1.09% increase. As of 9:42 AM, the index stood at 115,589.29 points. On Monday, the market witnessed a strong recovery as the KSE-100 index gained 1,529 points, closing at 114,330.10 points, up […]
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PSX opens week on a cautious note as investors await IMF review
The Pakistan Stock Exchange (PSX) kicked off the new trading week on a cautious note, with investors engaging in broad profit-taking amid the absence of fresh positive triggers. Despite the ongoing corporate earnings season, market sentiment remained subdued, as results so far have failed to provide a strong boost. Concerns over declining cement prices and […]
IMF: Pakistan’s debt burden worsened by revenue shortfalls
International Monetary Fund (IMF) Resident Chief in Pakistan Mahir Binici has linked Pakistan’s existing economic challenges due to debt burden to Islamabad’s inability to generate revenues up to the potential, The News reported on Friday. “There is a higher burden of taxation on the formal sector,” the IMF official said while speaking at a conference on “Retail Reimagined: […]
Tarar for more international collaborations with local media for capacity enhancement
Federal Minister for Information, Broadcasting, National Heritage and Culture Attaullah Tarar said on Thursday that there was a need for further improvement in collaborations in the field of media as local media needed more growth and capacity enhancement. Expressing his views in a discussion organized by the Saudi Media Forum 2025 here, he opined that […]
7 Punjab-bound bus passengers shot dead in Balochistan after ID check
In a horrific incident in Balochistan’s Barkhan district, seven passengers traveling to Punjab were brutally murdered after their identities were verified. Armed assailants checked their ID cards, forced them off the bus, and executed them. According to national media reports, the attack took place on the highway connecting Rakhni to Dera Ghazi Khan. Around […]
NA approves three bills to fight human trafficking in response to the growing migrant boat tragedy
The National Assembly approved three important bills on Tuesday aimed at combating human trafficking and safeguarding vulnerable Pakistani migrants. The bills—Prevention of Trafficking in Persons (Amendment) Bill 2025, Emigration (Amendment) Bill 2025, and Prevention of Smuggling of Migrants (Amendment) Bill 2025—were presented by Minister for Law and Justice, Senator Azam Nazir Tarar. The move comes […]
World Bank Executive Directors’ delegation to arrive in Pakistan today after 20 years
A high-level delegation of nine World Bank Group Executive Directors is set to arrive in Pakistan today, marking the first such visit in nearly two decades. Their agenda includes discussions on economic development projects, investment opportunities, and strategies for implementing the recently approved $40 billion Country Partnership Framework (CPF) for the next decade. According to […]
Harnai blast death toll rises to 11 as two more labourers succumb to injuries
A devastating explosion in the Shahrag area of Harnai has claimed 11 lives, with four others injured, Deputy Commissioner Hazrat Wali Kakar confirmed on Friday. Initially, nine labourers lost their lives, while six others sustained injuries when an explosion occurred near a vehicle transporting coal miners. Tragically, two of the injured later succumbed to their […]
Turkish President Erdogan arrives to warm welcome on a two-day visit
President of Turkiye Recep Tayyip Erdogan on Wednesday was accorded a warm welcome as he arrived here on a two-day visit. As the Turkish president landed at Nur Khan Airbase, he was received by President Asif Ali Zardari, Prime Minister Shehbaz Sharif, First Lady Aseefa Bhutto, Deputy PM/Foreign Minister Ishaq Dar, Defence Minister Khawaja Muhammad […]
IMF chief commends Pakistan’s economic recovery and recognizes PM Shehbaz’s reform initiatives
Prime Minister Shehbaz Sharif has reaffirmed the government’s commitment to maintaining reform momentum, focusing on key areas such as tax reforms, energy sector efficiency, and private sector growth. During a meeting with IMF Managing Director Kristalina Georgieva on the sidelines of the World Government Summit (WGS) 2025 in Dubai, he highlighted Pakistan’s progress under the […]