The Pakistan Stock Exchange (PSX) opened on a positive note Friday as the benchmark KSE-100 Index surged by 1,242.75 points (1.02%), reaching an intraday high of 123,289.21. The bullish trend followed the National Assembly’s approval of the federal budget for FY2025-26, amounting to Rs17.57 trillion. Investor sentiment strengthened amid expectations of economic stability and policy […]
In a major development, Supreme Court Justice Salahuddin Panhwar has recused himself from the Constitutional Bench hearing review petitions against the SC’s earlier verdict granting PTI reserved seats for women and minorities. The PML-N, PPP, and Election Commission of Pakistan (ECP) have challenged the ruling, which, if enforced, could strengthen PTI’s position in national and […]
Karachi – Sindh Governor Kamran Tessori has filed a petition in the Supreme Court challenging the Sindh High Court’s ruling that permitted acting Governor Agha Siraj Durrani to enter the Governor House’s office. The appeal, submitted through Tessori’s legal team, contests the verdict as procedurally flawed and unconstitutional. The petition asserts that Durrani was never denied […]
Washington/Jerusalem – U.S. President Donald Trump has vocally defended Israeli Prime Minister Benjamin Netanyahu ahead of his June 30 court hearing in a long-running corruption case. In a social media statement, Trump expressed shock over the trial, calling it unprecedented for a sitting Israeli PM and insisting the charges be dropped immediately. Trump framed the allegations—which […]
Washington: Steve Witkoff, a key Middle East advisor to the U.S. President, has announced that additional nations—previously considered unlikely candidates—are preparing to formally recognize Israel. This follows the historic Abraham Accords brokered during Trump’s first term, which saw the UAE, Bahrain, Morocco, and Sudan establish diplomatic ties with Tel Aviv. Witkoff emphasized that the Trump […]
A high-level meeting of national security advisers from Shanghai Cooperation Organization (SCO) member states in Beijing witnessed a heated exchange between India and Pakistan. The confrontation erupted after India’s National Security Adviser Ajit Doval described New Delhi’s counterinsurgency operations in Kashmir as “anti-terrorist actions” and leveled unsubstantiated allegations against Pakistan. Pakistan’s Lt. Gen. Naseer Khan […]
India’s Defense Minister Rajnath Singh declined to endorse the Shanghai Cooperation Organization (SCO) joint statement during a meeting in Beijing, protesting the omission of any mention of the Poonch terrorist attack. The high-level defense ministers’ gathering, aimed at fostering regional security cooperation, instead exposed deepening rifts between member nations. According to Indian media reports, Singh […]
Heavy pre-monsoon rains swept across Pakistan in the early hours of Thursday, bringing respite from oppressive humidity but also triggering tragic accidents. In Punjab, roof collapses killed at least one child and injured four others. The worst incident occurred in Okara’s Riazabad settlement, where six-year-old Dua Fatima died and two other children were injured when […]
China convened defence ministers from Russia, Iran, and other Shanghai Cooperation Organisation (SCO) members in Qingdao, framing the gathering as a strategic counterweight to Western alliances. The meeting took place just as NATO leaders agreed to boost military spending, underscoring deepening global divisions. Chinese Defence Minister Dong Jun criticized “hegemonic and bullying acts” while calling […]
Conflicting assessments have emerged within the U.S. intelligence community regarding the damage inflicted on Iran’s nuclear infrastructure following recent American strikes. CIA Director John Ratcliffe claimed that new intelligence from a “historically reliable source” indicates several key nuclear facilities were destroyed and would take years to rebuild. However, his statement did not clarify whether this […]
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