At least 30 injured in Saddar fireworks warehouse blaze

At least 30 people were injured on Thursday when a fireworks warehouse caught fire near Saddar Parking Plaza on Karachi’s MA Jinnah Road.  All injured were shifted to nearby hospitals.  Seeking immediate investigation, Sindh Home Minister Ziaul Hasal Lanjar inquired whether the warehouse was operating under a valid license. He tasked the police with assisting … Read more

Indian firms face steepest earnings cuts in Asia amid US tariff risks

Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep US tariffs heighten risks to growth even if proposed domestic tax cuts help cushion the impact. According to LSEG IBES data, forward 12-month earnings estimates for India’s large and mid-cap firms have been cut by 1.2% in the past … Read more

PSX extends rally as Supreme Court admits Imran Khan bail pleas

The Pakistan Stock Exchange (PSX) witnessed a sharp reversal on Thursday as early gains were wiped out by intensive selling, triggered by renewed political uncertainty. The benchmark KSE-100 index, which had climbed to the intra-day high of 151,250 points, tumbled later, hitting the low of 148,273. It closed the day at 149,235, down 1,356 points, … Read more

Celtic held in Champions League play-off

PARIS: Celtic’s Champions League hopes are firmly in the balance after they were held to a goalless draw by Kairat Almaty of Kazakhstan in Glasgow in the first leg of their play-off tie on Wednesday, while Jose Mourinho’s Fenerbahce played out a goalless draw with Benfica. The Scottish champions pushed Bayern Munich close in the … Read more