Your daily dose of insights
[ KARACHI: Gold prices in Pakistan moved higher on Friday, even as the precious metal declined in the international market following stronger-than-expected US employment data that raised expectations of an earlier rate hike by the Federal Reserve. According to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold increased by … Read more
[ KARACHI: Pakistan Stock Exchange (PSX) closed the week modestly higher on Friday as the benchmark KSE-100 index gained almost 400 points to settle near 175,330. The rebound trimmed the week-on-week decline to 1.33% after a range-bound session in which investors largely stayed on the sidelines. Arif Habib Limited (AHL), in its report, called it … Read more
[ KARACHI: Pakistan’s growing dependence on imported fuel is putting severe pressure on its foreign exchange reserves, making immediate investment in renewable energy essential, said Federal B Area Association of Trade and Industry President Sheikh Muhammad Tehseen. He said Pakistan’s oil imports had increased by 5.76% annually, while the country spent more than $16 billion … Read more
Sarmad Khoosat’s Lali picked up another major festival credit, being selected for the 70th BFI London Film Festival, the United Kingdom’s largest film event, running from October 7 to 18. Khoosat shared the news on Instagram after the festival unveiled the line-up, posting images from the programme announcement. “To be in this line-up, and to get … Read more
. ISLAMABAD: Major General Faisal Naseer was appointed on Friday as national coordinator of the National Counter Terrorism Authority (NACTA) for a period of three years on a “secondment basis”. According to a notification from the Establishment Division, the Inter-Services Intelligence’s (ISI) director general of counterintelligence was appointed with the “approval of the federal government” … Read more
Residents wait to return to their homes following explosions that left people dead and injured at the “Bolivar” Mechanized Artillery Regiment, in Viacha, Bolivia. Photo: Reuters At least 10 people were killed and dozens more injured on Friday after an explosion at a military barracks in the Bolivian municipality of Viacha, about 30 km (19 … Read more
[ ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday said the government was committed to maintaining macroeconomic stability and steering the economy from stabilisation towards sustainable growth. He also stressed the need to stay on course in structural reforms and strengthen the private sector’s role through privatisation and public-private partnerships (PPPs). … Read more
[ ISLAMABAD: The import of sugar and then its export to dispose of unsold stocks, which is happening now, have raised serious questions about data maintenance relating to the commodity’s availability, stocks and domestic consumption. This has also sparked questions about the role of the Sugar Advisory Board and the food ministry, which deal with … Read more
One of the 20th century’s biggest media formats was often thrown out in the rush to embrace VHS. But preservationists say visual history is being lost.
. LAHORE: Senior PML-N leader Khawaja Saad Rafique has said that abolishing the office of mayor of metropolitan or municipal corporations in major cities, including Islamabad and Lahore, would amount to weakening the local government system and strengthening the bureaucracy. In a message posted on social media platform X, Saad said the mayor should be … Read more