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PSX drops 1,174 points on rate hike anxiety

[ KARACHI: The Pakistan Stock Exchange (PSX) witnessed a subdued trading session on Monday as investors remained cautious ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement. The benchmark index opened on a dull note and traded within a narrow range throughout the session, reflecting a clear wait-and-see approach across the board. The … Read more

9m voters deleted in West Bengal

In preparation for the West Bengal Assembly elections 2026, scheduled to be held in phases during April 2026, the Election Commission of India (ECI) conducted a Special Intensive Revision (SIR) of electoral rolls, beginning in late 2025 and concluding in early April 2026. During this process, approximately 9.1 million names were removed from the voter … Read more

GGGI offers climate finance support

[ ISLAMABAD: Federal Minister for Climate Change Musadik Malik held a meeting with Global Green Growth Institute (GGGI) Country Representative Laura Jalosjoki to discuss climate financing and strategic planning, according to a statement on Monday. Jalosjiki briefed the minister on how GGGI can support Pakistan in developing institutional and financial frameworks to access climate financing. … Read more

Israeli strikes hit east Lebanon

Smoke rises in Lebanon following an Israeli strike. Photo: Reuters BEIRUT: The Israeli military began carrying out strikes in eastern Lebanon on Monday, expanding the scope of its bombing campaign during a ceasefire that has failed to fully halt hostilities with Lebanese armed group Hezbollah. The strikes on Lebanon’s eastern Bekaa Valley marked the first … Read more

Kabul’s ‘frivolous’ varsity attack claim rejected

ISLAMABAD: The Ministry of Information rejected on Monday Afghan media reports alleging that the Pakistan Army carried out missile or air strikes in Afghanistan’s Kunar province, calling the claims “false” and “frivolous”. In a statement posted on X, the ministry’s fact-checking account shared a picture from Afghan news outlet TOLOnews claiming that Pakistan “conducted missile/jet … Read more

Exports decline 7.14% in nine months

[ ISLAMABAD: Pakistan exported goods worth Rs6,393 billion during the first three quarters (July-March) of the current fiscal year (2025-26), a decline of 7.14% compared with Rs6,884 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). In March alone, exports amounted to Rs635.5 billion, down 0.17% from February and … Read more

FCC restores govt powers to block passports

ISLAMABAD: The Federal Constitutional Court (FCC) on Monday put on hold a landmark ruling of the Lahore High Court (LHC) that had struck down key provisions of the Passport Rules 2021, effectively restoring the federal government’s powers to inactivate passports and impose long-term travel bans on deportees and suspected human traffickers. The interim relief means … Read more

SBP hikes policy rate to 11.5%

KARACHI: Pakistan’s trajectory of steadily lowering interest rates has been disrupted by spillover effects of Israel-US war on Iran, as the State Bank of Pakistan (SBP) on Monday raised key policy rate by 100 basis points to 11.50%, citing inflationary risks triggered by the geopolitical escalation and the resulting closure of the Strait of Hormuz, … Read more