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Indian magnate Adani agrees multi-million-dollar penalty in US court case

Penalty payment comes as US prosecutors are reported to be set to drop charges against Adani Indian billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a US civil court case linked to corruption without admitting guilt, his company said Friday. The November 2024 indictment in New York accused the industrialist and … Read more

SBP forex reserves increase $17m

[ KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $17 million on a weekly basis to $15.87 billion during the week ended May 8, 2026, the central bank said on Thursday. The country’s total liquid foreign reserves stood at $21.34 billion. Of these, the net reserves held by … Read more

Gold prices in Pakistan Today

Gold prices recorded a sharp decline in global and domestic markets on Friday. In the international bullion market, the price of gold per ounce fell by $155, bringing it to $4,545 per ounce. According to the All-Pakistan Gems and Jewellers Sarafa Association, local markets also saw a significant drop on the last business day of … Read more

Delivering Mail on Ukraine’s Front Line

Larysa Navrotska is part of a quiet, but brave army of postal workers connecting remote Ukrainian communities close to the battlefield with the outside world. Working for the national postal service in eastern Ukraine often means entering dangerous frontline areas where drones dominate and cause the vast majority of this war’s casualties. Theirs is a … Read more

Paris-based Pavo Films launches with Naseeruddin Shah-starrer ‘Rehmat’

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Film explores the region marked by a drug crisis, cultural drift among young generations A Paris-based production company dedicated to independent Indian cinema has officially entered the market. Pavo Films, co-founded by Cosmin Illes and Némésis Srour, announced its formation at the Cannes Film Market with Gurvinder Singh’s upcoming feature film Rehmat, starring Naseeruddin Shah. … Read more