PSX extends winning streak, nears 152,670

KARACHI: Pakistan Stock Exchange (PSX) closed higher on Thursday as the benchmark KSE-100 index gained slightly over 460 points to settle near 152,670, its record high and the fifth straight positive session. The index touched the intra-day high of 153,411, where cement, fertiliser and technology stocks drove the rally. Major gainers included Fauji Fertiliser Company … Read more

Agri credit rises 16% to Rs2.57tr in FY25

[ ISLAMABAD: The government’s focus on improving agricultural productivity through input support and financial access led to higher credit disbursement and machinery imports in FY2024-25. Agricultural credit rose 16.3% to Rs2,577.3 billion in FY2025, up from Rs2,215.7 billion in FY2024, according to the Monthly Economic Update and Outlook for August 2025. The increase reflects stronger … Read more

PR launches property recovery worth Rs65b

[ KARACHI: Federal Minister for Railways Muhammad Hanif Abbasi on Thursday unveiled reforms, recovery measures, and development projects aimed at modernising Pakistan Railways and making it more efficient, transparent, and business-friendly. During a visit to the Karachi Chamber of Commerce and Industry (KCCI), Abbasi said that railway lands worth Rs15 billion had been recovered, while … Read more

Free entry is a loss for local music

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LAHORE: The music scene in Pakistan is on the rise. Events and concerts are popping up more frequently across cities in the country. However, people in this space are concerned with the entitlement of crowds who refuse to pay for tickets or find loopholes in attending these events without actually contributing to the culture.This has … Read more

Salaried class pays 21% more tax

ISLAMABAD: Salaried individuals have paid 21% more in income tax during the first two months of this fiscal year, contributing Rs85 billion, showing that the nominal reduction in rates in the budget was insufficient to ease their financial burden. Compared to Rs70 billion in income tax payments during July-August of the last fiscal year, their … Read more

King of Fashion Giorgio Armani dies

giorgio armani photo afp

ROME: Fashion designer Giorgio Armani, synonymous with modern Italian style and elegance and known worldwide as “King Giorgio,” has died at the age of 91, his company announced on Thursday. Armani, who defined understated luxury and helped turn “Made in Italy” into a global brand of sophistication, was remembered by colleagues, politicians, and admirers as … Read more

‘Ketamine Queen’ pleads guilty in Matthew Perry death case

LOS ANGELES: Nearly two years after the sudden death of “Friends” star Matthew Perry, the woman dubbed the “Ketamine Queen” has admitted to playing a central role in supplying the drugs that killed him. On Wednesday, 42-year-old Jasveen Sangha entered a guilty plea in a California court to multiple charges, including one count of distributing … Read more

Komal says showbiz not for educated people

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Actress Komal Aziz says that the showbiz environment was not favourable for educated people and that was the reason behind her leaving the entertainment world at the peak of her career. In an interview with a private TV channel, Komal Aziz said clarified that her decision to quit showbiz was not about earning, saying that … Read more