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Stocks surge 2,100 points on oil price dip

[ Easing Gulf situation drives optimism; investors focus on banking, cement, fertiliser sectors KARACHI: Renewed investor optimism lifted the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index surged more than 2,100 points, driven by a robust buying momentum across major sectors following a sharp decline in international oil prices. The KSE-100 settled … Read more

New system to overhaul agri-trade

[ NAFSA to replace outdated plant protection regime with AI-powered digital platform QUALITY SERVICES: Cheema said NAFSA is one of the most significant institutional reforms in Pakistan’s agriculture sector and will greatly improve the business environment for importers and exporters dealing in plants, seeds, and other agricultural products. PHOTO: FILE ISLAMABAD: The government is establishing … Read more

GEPCO line losses drop to 9.8%

[ ISLAMABAD: Gujranwala Electric Power Company (GEPCO) reduced its line losses to 9.80% in FY2025-26, down from 10.43% a year earlier, marking the first time the company has brought losses into single digits, according to a statement on Monday. The improvement was accompanied by a recovery rate exceeding 100%, zero contribution to the national circular … Read more

Status of US-Iran talks uncertain as ship struck in Hormuz

Trump said talks underway on Monday, but Iran denied that negotiations were being held or planned Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026—REUTERS Conflicting signals from the United States and Iran over the status of talks to end their five-month-old war boosted uncertainty on Tuesday, with the latest attack on ​shipping … Read more

Ancient disaster for Neptune’s moons observed

WASHINGTON: New observations of some of Neptune’s moons and rings are providing evidence of a catastrophe that occurred billions of years ago around the solar system’s outermost planet in which a Pluto-sized interloper caused a celestial demolition derby. Researchers used NASA’s James Webb Space Telescope to examine the composition of three of Neptune’s small inner … Read more