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Geopolitical friction drives gold down by Rs4,900

[ KARACHI: Gold prices in Pakistan retreated significantly on Monday, tracking a sharp downturn in the international market, as global investors navigated a volatile mix of geopolitical tensions and strengthening economic indicators. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs4,900 to settle at … Read more

US positive on Iran deal but talks still uncertain as ceasefire end nears

Tehran ‘positively reviewing’ its participation in talks, despite earlier ruling them out, but no decision made Pakistani army soldiers patrol at D Chowk near the President’s House, as Pakistan prepares to host the U.S. and Iran for the second phase of peace talks in Islamabad, Pakistan April 21, 2026. PHOTO: REUTERS The United States expressed … Read more

Auto industry bucks SUV trend

[ The road ahead remains cautious, as potential policy changes and rising costs create a challenging environment for assemblers. photo: REUTERS KARACHI: Bucking the popular trend of rising Sport Utility Vehicle (SUV) sales seen in recent years, the Pakistani automotive landscape has exhibited a shift this quarter as economic pressures and changing consumer preferences steer … Read more

More PakistanHajj pilgrims arrive in Madina

. MADINA: Pre-Hajj flight operations are in full swing as 2,687 intending pilgrims from Pakistan arrived in Madina, marking a steady flow of arrivals ahead of the annual pilgrimage. A grand reception was held, flowers were showered, and gifts were presented, while traditional Saudi welcome songs accompanied by the rhythmic beats of the duff created … Read more

PSX commences week with 1% slide

[ KARACHI: The Pakistan Stock Exchange (PSX) commenced the week with a stark downturn on Monday, as the benchmark KSE-100 index succumbed to selling pressure, shedding nearly 1,750 points to close around 172,200. The 1% decline effectively wiped out the recent momentum, largely driven by a cautious global atmosphere and escalating geopolitical tensions. At the … Read more

Value addition key to China exports

[ Naphtha plant faces Chinese financing delays as FPCCI pushes for capital infusion KARACHI: Pakistan cannot transform its export mix to China without targeted investment in value-added production, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Saquib Fayyaz Magoon has said during a meeting with Consul General Shahzad Ahmed in Shanghai, … Read more

FCC, IHC suspend judicial work

ISLAMABAD: Judicial work at key courts in the federal capital faced disruption on Monday and into Tuesday amid security-related restrictions as the Federal Constitutional Court (FCC) and Islamabad High Court (IHC) suspended proceedings. However, the Supreme Court continued functioning and highlighted its ability to conduct hearings through digital means. According to a notification, the decision … Read more