PSX opens week on bullish note as KSE-100 gains 2,800 points during intraday trade – Business
The Pakistan Stock Exchange’s (PSX) benchmark index began the week on a strong note on Monday, gaining 2,800 points during intraday trade. The KSE-100 index gained 2,870 points to reach 170,714 points from the previous close of 167,844.24 points at 9:39am. The development comes amid hopes that a deal between the United States and Iran […]
A century of unbroken chains in Sylhet tea gardens – World
ON the morning of May 20, 1921, approximately 30,000 tea workers left everything behind. Chanting Mulluke Cholo — “Let’s go to our homeland” — they left the tea gardens of Sylhet and began walking towards Meghna ghat in Chandpur, hoping to return to Bihar, Odisha, Assam, and the other lands from which they had been […]
Pakistan importing cotton from US, Brazil even before local ginning season – Pakistan
LAHORE: In an unprecedented development in Pakistan’s history, local textile mills have begun massive cotton imports from the United States even before the start of the new cotton ginning season, as the country has virtually run out of cotton stocks, triggering a sharp surge in domestic cotton and phutti prices. Reports suggest that local textile […]
PSX gains over 2,500 points as US-Iran peace hopes fuel bullish rally
KSE-100 surges past 170,000 intraday on strong institutional buying, easing geopolitical tensions KARACHI: The Pakistan Stock Exchange (PSX) extended strong bullish momentum on Monday as the benchmark KSE-100 Index hovered around 170,423.30 points at 1:24pm, up 2,579.06 points or 1.54% in intraday trade. During the session, the benchmark index touched an intraday high of 171,519.26 […]
5,000 years of Pakistan? – Newspaper
TOXIC debates around cultural identity are a frequent occurrence in online spaces, both between people from Pakistan and among those here and across the border in India. In recent months, intense discussions have taken place on the Indus Valley Civilisation (IVC) and Pakistan’s claims of ownership of that part of this region’s history. Alongside, there […]
Murad asks contractors to increase manpower for ‘timely completion’ of Karachi’s Red Line project – Pakistan
KARACHI: Amid growing criticism over Karachi’s worsening infrastructure and traffic woes, Chief Minister Murad Ali Shah has stepped up personal oversight of key development projects, making his fifth consecutive Sunday visit to review progress on Bus Rapid Transit (BRT) Red Line and newly opened Shahrah-i-Bhutto while announcing June 15 to open Azeempura Flyover. During his […]
Bonds behind financial assistance – Newspaper
Pakistan and China celebrated the 75th anniversary of the establishment of diplomatic relations on May 21. The events held around these celebrations underscore that the relationship between the two countries is entering a new phase characterised by greater financial integration, expanding sub-national cooperation and renewed geopolitical cooperation. What began as a strategic and political partnership […]
Outrage in Spain after police beat Gaza flotilla activists – World
MADRID: Around two thousand protesters took to the streets of the Spanish city of Bilbao on Sunday to condemn the Basque police’s treatment of activists from a Gaza aid flotilla on their return from detention in Israel. When a relative of one of the six returning activists tried to approach them at Bilbao airport on […]
Final paperwork eludes Iran, US – Newspaper
• Pezeshkian says supreme leader will make final decision, insists no plan for nuclear bomb• Rubio expects ‘good news’ soon; Trump says ‘time is on their side’, tells his team ‘not to rush into deal’• Iranian media reports suggest disagreements persist on ‘two to three’ clauses TEHRAN/WASHINGTON: Amid reports that both sides are close to […]
Govt plans Wapda security force for water projects – Pakistan
• Chinese workers, engineers to get enhanced security• Force to guard dams, plants, project sites• Bill sent to parliament for approval• Move follows attacks on Dasu hydel workers ISLAMABAD: The government has decided to create a new “Wapda Security Force” to provide dedicated security to major water sector infrastructure projects across the country and associated […]