Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

Khalil al-Hayya new Hamas chief

. GAZA: Hamas announced on Monday that it had elected Khalil al-Hayya, the group’s lead negotiator in indirect ceasefire talks with Israel, as the new head of its political bureau. “Hamas announces the election of brother mujahid Khalil al-Hayya as head of the movement’s political bureau, succeeding the martyred leader Yahya al-Sinwar,” Hamas said in … Read more

Daily oil revisions to hurt industry

[ KARACHI: The Salt Manufacturers Association of Pakistan (SMAP) has termed the government’s decision to introduce daily pricing of petroleum products highly detrimental to industry, trade and the overall economy, urging Prime Minister Shehbaz Sharif to immediately review the policy. SMAP Patron-in-Chief Ismail Suttar warned that industrial production costs had already become unsustainable due to … Read more

Dealers seek 8% margin amid daily fuel pricing

[ ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with a delegation of the Pakistan Petroleum Dealers Association (PPDA), led by Chief Adviser Malik Khuda Baksh, to discuss petroleum pricing reforms, deregulation, and matters concerning petroleum dealers. The PPDA delegation appreciated the government’s effective management of petroleum product supplies during the challenges … Read more

Gold inches up amid US-Iran tensions, Fed uncertainty

[ Local rate rises Rs300/tola as international prices stay stable; rupee up at 277.95/$ KARACHI: Gold prices in Pakistan edged higher on Monday, largely in line with a stable trend in international markets, as investors weighed the implications of the escalating US-Iran tensions that lifted energy prices and caused uncertainty about the outlook for US … Read more

Auto parts makers highlight constraints

[ LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has reaffirmed its commitment to strengthening the country’s auto parts industry, describing it as a key contributor to industrial development, employment generation and import substitution, according to a statement on Monday. PAAPAM Chairman Usman Malik said the local auto parts industry has invested … Read more

Selective buying helps PSX close in green

[ Index recovers from steep early losses caused by regional conflict, ends up by 125 points KARACHI: Pakistan Stock Exchange (PSX) endured another volatile session on Monday as escalating tensions in the Middle East kept investors on edge, although late-session buying helped the benchmark index erase steep early losses and end trading marginally higher. The … Read more

Flash floods kill 20 in Afghanistan

KABUL: At least 20 people were killed in flash floods in northeastern Afghanistan on Monday, the Taliban-run government said. The death toll was expected to rise, with 100 people still missing on Monday night. Most of the damage was reported from Parun, the capital of Nuristan, the Taliban’s National Disaster Management Authority said in a … Read more

Students march on Indian parliament

Youth-led protesters answer call of Cockroach Janta Party to demand accountability and sweeping reforms after exam sca STATE BRUTALITY: Police members use batons to disperse supporters of the Cockroach Janta Party in New Delhi. PHOTO: REUTERS NEW DELHI: India’s riot police baton-charged protesters in New Delhi as they tried to march to parliament on Monday, … Read more