PSX KSE-100 Index Hits Fresh High, Gains 887 Points
The Pakistan Stock Exchange extended its winning streak as the KSE-100 Index closed at a record high, driven by falling oil prices and easing geopolitical tensions.
Category : Business
Eminem Publisher Wins Key Ruling in Meta Copyright Case
Eight Mile Style secures a legal victory as a judge allows its $109m copyright lawsuit against Meta over 243 songs to proceed into the discovery phase.
One Homes Appoints Kobi Karp and Jolie for Lahore West
One Homes announces Kobi Karp and London's Jolie for its Lahore West development, blending Miami-inspired design with Lahore's heritage for overseas Pakistanis.
PSX Breaks 181,000 Mark as Bullish Trend Continues
The Pakistan Stock Exchange extended its rally, surpassing 181,000 points intraday, closing at 181,398 with strong investor participation and vibrant trading activity.
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PM Shehbaz Expected to Cut Petroleum Prices Today After Global Oil Drop
Prime Minister Shehbaz Sharif is expected to announce a reduction in petroleum product prices today, following a decline in international oil rates amid easing Iran-US tensions.
JI Demands Petroleum Price Cut, Protests on June 19
Jamaat-e-Islami chief Hafiz Naeemur Rehman demands immediate reduction in petroleum prices, announces nationwide protests on June 19 against inflation and petroleum levy.
Gold Prices in Pakistan Drop by Rs2,300 per Tola
Gold prices in Pakistan fell by Rs2,300 per tola on Thursday, reversing three-day gains, while silver also declined, mirroring international market trends.
PSX gains nearly 900 points amid Iran-US peace deal
The Pakistan Stock Exchange gained nearly 900 points on Thursday following the Iran-US peace deal, with the KSE-100 Index closing at 181,398.21 points.
Sargodha Kinnow Groves Vanishing: Legal Indictment of Farmland Conversion
Sargodha's citrus groves are being uprooted for housing societies, threatening Pakistan's food security. A legal analysis calls for criminalisation of agricultural land conversion.
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Gold and Silver Prices Fall in Pakistan After Global Dip
Gold and silver prices in Pakistan fell on Thursday, tracking a decline in global bullion rates. Gold per tola dropped by Rs2,300 to Rs452,936, while silver fell by Rs144 per tola.
ADB Approves $700M Loan for Pakistan Insurance Reform
ADB approved a $700 million loan to transform Pakistan's insurance sector, aiming to expand coverage, reduce protection gaps, and stimulate private sector participation for sustainable economic growth.
Pakistan Reaffirms Support for BYD EV Manufacturing
Finance Minister Muhammad Aurangzeb met a BYD Group and Mega Motor Company delegation, reaffirming government support for electric vehicle manufacturing and localization in Pakistan.
Oil Prices Plunge Over $2 on US-Iran Deal
Oil prices fell more than $2 per barrel after the US and Iran signed an interim agreement to end the Iran war, reopen the Strait of Hormuz, and waive sanctions, boosting oil supply expectations.
Pre-Monsoon Rains Lash Punjab, KP; Tree Fall Injures Vendor
Pre-monsoon showers brought heavy rain and strong winds to Punjab and Khyber Pakhtunkhwa, causing flooding and a tree fall injury in Abbottabad.
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PMD Predicts Rain and Thunderstorms Across Pakistan
Pakistan Meteorological Department forecasts rain, windstorms, thunderstorms, and isolated hailstorms in various regions over the next 24 hours, cautioning about potential damage to vulnerable infrastructure.
Laborer Dies After Falling into Brick Kiln in Nankana Sahib
A 30-year-old laborer named Shahbaz died after accidentally falling into a burning brick kiln near Jislani Mor on Warburton Road in Nankana Sahib. Rescue officials shifted his body to the hospital.
KP Minister Inaugurates Rs295 Million Bara Canal Project
Khyber Pakhtunkhwa Irrigation Minister Riaz Khan inaugurated the Rs295 million Bara River Canal System Rehabilitation and Improvement project in Tehsil Bara, district Khyber, aiming to boost agriculture.
KP Home Dept Hands Over Cheque to NTC for PEHL-911 Project
The Khyber Pakhtunkhwa Home Department handed over a cheque to NTC for services in the PEHL-911 emergency project, aiming to create a unified emergency response system accessible even without SIM or network.
Kohat Commissioner Orders 5-Day Deadline for Drainage Cleaning
Commissioner Kohat Division Syed Motasim Billah Shah has issued a strict 5-day deadline for desilting and cleaning of drainage channels across the city, expressing strong displeasure over slow monsoon preparedness work.
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Civil Society Welcomes Tax on Ultra-Processed Foods
Civil society groups welcome 18% sales tax on ultra-processed foods in Pakistan's finance bill, but urge no tax on healthy items like milk and flour.
Pakistan targets 10 million fibre-to-home passes
Federal Minister Shaza Fatima Khawaja announced plans to expand fibre-to-the-home coverage to 10 million household passes, aiming to improve internet access and reduce the digital divide.
Rawalpindi Commissioner Sets June Deadline for Market Project
Commissioner Aamir Khattak orders Rawalpindi Municipal Corporation to finish the Rs300 million Commercial Market Rehabilitation project by June end, emphasizing quality and minimal public inconvenience.
KP Minister Surprise Visits Excise Police Station in Khyber
KP Minister Syed Fakhar Jehan made a surprise visit to the Excise Police Station in Khyber, reviewing administration, public services, and anti-narcotics efforts, emphasizing transparency and zero tolerance for drugs.
BISP Sets June 2026 Deadline for Beneficiary SIM Cards
BISP has directed registered women to collect SIM cards by June 30, 2026, to ensure uninterrupted access to services, payments, and official communications.
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Transporters Block Pak-Afghan Highway Over Stranded Vehicles
Transporters and drivers blocked the Pak-Afghan Highway in Landi Kotal, protesting restrictions that have left over 800 Pakistani vehicles stranded in Afghanistan for eight months.
PTC Blames Non-Compliant Buyers for Farmer Distress
Pakistan Tobacco Company alleges hundreds of non-compliant buyers exploit growers in Khyber Pakhtunkhwa, causing delayed payments and distress sales. PTC clarifies tax burden not on farmers.
Punjab to Set Up Unified Revenue Authority Like FBR
Punjab will create a unified provincial revenue authority on the FBR pattern to boost tax collection, with targets increased by 46% for 2026-27, no new taxes, and digitization efforts.
Sindh CM Reports Major Decline in Crime, Rs7.3B for Policing
Sindh CM Murad Ali Shah announced a 67% drop in vehicle theft and 54% fall in street robberies in Karachi, with Rs7.3 billion allocated for law enforcement in the Sindh Budget 2026-27.
Sindh Proposes Rs 720 Billion Development Outlay for 2026-27
Sindh government has proposed Rs 720.385 billion for development in 2026-27, a 30% decline from last year. CM Murad Ali Shah cited economic uncertainty and austerity measures.
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Karachi water theft crackdown: Rangers, KWSC demolish hydrants
KW&SC and Pakistan Rangers demolished illegal hydrants in Sohrab Goth, arrested one suspect, and removed multiple unauthorized connections to protect Karachi's water supply.
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