Stocks extend losses on profit-taking
KARACHI: Pakistan Stock Exchange (PSX) on Wednesday continued its gradual movement towards south as investors opted for profit-booking after the market rose to its intra-day high above 70,700 points. As some investors were scared to invest at high levels, the market began the day on a negative note and the KSE-100 index dipped to the […]
Provinces told to step up wheat purchase
ISLAMABAD: Federal National Food Security Minister Rana Tanveer has sent a letter to the chief ministers of Punjab, Sindh, Khyber-Pakhtunkhwa, and Balochistan to speed up the government procurement of wheat keeping in mind the sensitivity of the wheat crop, production, storage, smuggling, and different types of weather in the provinces. Tanveer, who is also the […]
Arteta urges Arsenal to use Bayern ‘pain’ to fuel title bid
MUNICH: Mikel Arteta has urged Arsenal to use the “pain” of the Champions League quarter-final exit against Bayern Munich to fuel their Premier League title bid.Arteta’s side failed to clinch a first semi-final appearance since 2009 as Joshua Kimmich’s second-half header gave Bayern a 1-0 second-leg win and a 3-2 aggregate success.It was a bitter […]
LHC summons ECP lawyer over RO office change
LAHORE: The Lahore High Court (LHC) on Wednesday summoned the lawyer of the Election Commission of Pakistan (ECP) for further proceedings over a plea against the relocation of the returning officer office in Wazirabad ahead of by-polls. Fayyaz Chattha, the former district Nazim of Gujranwala and son of veteran politician Hamid Nasir Chattha, is […]
Pharma industry needs urgent reforms
LAHORE: The Pakistan Pharmaceutical Manufacturers Association (PPMA) has stressed the necessity of updating existing drug laws to align with global trends for the benefit of patients and the pharmaceutical industry. “Local industries are shutting down due to historically high input costs, the highest inflation, and bank markup rates in Asia. Multinationals are vanishing due to […]
JUI-F challenges own lawmaker’s election
ISLAMABAD: The JUI has challenged the election of Khyber-Pakhtunkhwa Assembly member Sadaf Ihsan, elected on the reserved seats of women, in the Supreme Court. Sadaf had been a provincial assembly member of the JUI. The party filed a petition in the apex court against the Peshawar High Court’s (PHC) decision regarding the election of Sadaf […]
F1 faces a fresh challenge on return to China
SHANGHAI: Formula One returns to China for the first time since 2019 with even world champion Max Verstappen facing a new challenge at a circuit that provided his Red Bull team’s first grand prix victory 15 years ago. The weekend will host the first sprint of the season, with only one hour of free practice […]
Dharna report shrouded in mystery
ISLAMABAD: The saga surrounding the Faizabad dharna commission report remains shrouded in ambiguity, with the Attorney General for Pakistan (AGP) office denying any knowledge of its submission to the Supreme Court. Speculation abounds regarding the whereabouts of the elusive report, with conflicting accounts further complicating the matter. While some assert that the commission had indeed […]