Govt restricts furnace oil exports

[ The government may collect revenue of Rs75 billion on estimated consumption of around 0.9 million tons (950 million litres) of furnace oil during the outgoing fiscal year 2024-25. photo: file ISLAMABAD: The government has tightened control over the export of furnace oil following oil supply disruptions in the face of US-Israel-Iran war. It has … Read more

PSX drops 1,437 points as early gains vanish

[ Shares of 366 companies were traded. At the end of the day, 182 stocks closed higher. PHOTO: AFP/FILE KARACHI: Pakistan’s stock market extended losses on Thursday as persistent selling pressure and cautious investor sentiment pushed the benchmark KSE-100 index sharply lower amid geopolitical uncertainties and profit-taking. The market dropped nearly 1,440 points, erasing early-session … Read more

Israeli strike on Beirut seafront kills eight

. Smoke billows from the site of an Israeli air strike in the southern suburbs of the Lebanese capital Beirut on March 9, 2026. Lebanon was drawn into the Middle East war last week when Iran-backed militant group Hezbollah attacked Israel in response to the killing of Iranian supreme leader Ayatollah Ali Khamenei during US-Israeli … Read more

Late-night bazaars glow with Eid excitement

women shop for artificial jewellery in bazaar at lahore photo file

. Women shop for artificial jewellery in bazaar at Lahore. Photo: file ISLAMABAD: As the last week of Ramazan unfold, bustling bazaars and shopping malls are witnessing a surge in late-night shoppers, with men, women and children crowding colourful stalls for clothes, bangles, jewellery and footwear in preparation for Eidul Fitr. Markets are abuzz with … Read more

Assassination attempt on Farooq Abdullah foiled in IIOJK

Kashmir’s former chief minister Farooq Abdullah says whether India likes it or not, they will have to talk to Pakistan. PHOTO COURTESY: INDIA TODAY A suspected gunman was arrested after an apparent assassination attempt on senior Kashmiri politician Farooq Abdullah during a wedding ceremony in Indian Illegally Occupied Jammu and Kashmir (IIOJK), according to Indian … Read more

Forex reserves inch up to $21.6b

[ KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $41 million to $16.34 billion during the week ended March 6, 2026, according to the central bank. The country’s total liquid foreign reserves stood at $21.60 billion, where commercial banks held net reserves of $5.26 billion. Furthermore, the Pakistani rupee posted a … Read more