PSX sustains momentum, KSE-100 crosses 149,000 milestone

[ The Pakistan Stock Exchange (PSX) remained unstoppable on Tuesday as the KSE-100 index crossed 149,000 points in intra-day trading, setting a new milestone in its record-breaking rally. KSE-100 index rising 1,006.96 points to reach the current index of 149,203.38 during intra-day trading as compared to the previous close of 148,196.42. During today’s session, the … Read more

Hamas accepts new Gaza truce plan

CAIRO: Hamas has accepted a new ceasefire proposal for Gaza without requesting amendments, a source from the group told AFP on Monday, after a fresh diplomatic push to end more than 22 months of war.Mediators Egypt and Qatar, backed by the United States, have struggled to secure a lasting truce in the conflict, which has … Read more

Pakistan, GGGI explore carbon market cooperation

[ ISLAMABAD: Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik met with Laura Jalasjoki, Country Representative of the Global Green Growth Initiative (GGGI), to discuss green growth partnerships and carbon market opportunities. According to a statement issued by the ministry on Monday, Jalasjoki briefed the minister on GGGI’s mission, noting that the … Read more

Trump targets mail-in ballots

WASHINGTON: US President Donald Trump said Monday he would lead a “movement” against mail-in balloting as he sought to eliminate a voting method used by nearly a third of the country ahead of next year’s midterm elections. Trump — who has spent years railing against postal ballots, even though they have benefited his Republicans and … Read more

Consortium fears delay in N-55 project

[ ISLAMABAD: A Chinese-led consortium has said that any delay could pose a risk to the Asian Development Bank’s (ADB) concessionary financing for the Rs146 billion N-55 expansion project as it may potentially make the project financially unviable in the future due to rising costs. The consortium is all set to build the much-anticipated additional … Read more

Miftah urges reforms to benefit people

[ KARACHI: Former federal finance minister Dr Miftah Ismail has called for undertaking bold reforms to benefit people and businesses and warned that Pakistan’s current system is holding back progress. He highlighted high inflation, rising unemployment, heavy taxation and costly energy as major obstacles to growth and public welfare, urging immediate action to restore stability … Read more

Democrats return after fleeing Texas

HOUSTON: Dozens of Democratic legislators who fled Texas to halt an aggressive redistricting drive ended their two-week standoff on Monday, clearing the way for a new electoral map pushed by Republican President Donald Trump. With their return, the Texas House now has enough lawmakers to form a quorum and approve a map that carves out … Read more

Swedish business team to explore trade avenues

[ ISLAMABAD: Scores of Swedish small and medium-sized enterprises (SMEs) are eager to explore opportunities in Pakistan, particularly in the textile garment sector, and a business delegation is expected to visit Karachi soon to interact with local manufacturers and assess the potential for export. Swedish Ambassador Alexandra Berg von Linde stated this in a meeting … Read more

NJPMC sets timelines for case disposal

ISLAMABAD: The National Judicial Policy-Making Committee (NJPMC) has approved uniform timelines for the disposal of various categories of civil and criminal cases under a new regime aimed at ensuring speedy justice and reducing case backlogs. The 54th meeting of the NJPMC—convened on Monday at the Supreme Court of Pakistan under the chairmanship of Chief Justice … Read more