News

PSX continues bullish trend over record current account surplus

Bull maintained their hold of the trade floor at the Pakistan Stock Exchange (PSX) on Monday as shares climbed more than 1,000 points on strong macroeconomic indicators. The benchmark KSE-100 index increased by 847.96, or 0.72 per cent, to stand at 118,163.54 from the previous close of 117,315.58 at 11:18am. At 12:40pm, the index surged 1,477.00, or 1.26pc, to stand at 118,792.58 from the la

Capitalising on unexplored mineral wealth

The 300 local and foreign delegates participating in a two-day mineral summit in Islamabad have renewed hopes of growing foreign interest in Pakistan’s mineral sector, which remains unexplored for want of financing and access to technology. Addressing the Pakistan Minerals Investment Forum, Prime Minister Shehbaz Sharif said the country’s mineral wealth, “worth trillions of dollars”, could free

India and the new world disorder

The escalating United States-China rivalry — driven by trade tensions, tech competition, and shifting alliances — is reshaping the global order. The Cold War’s focus on strategic geography has given way to a world led by economic agility and innovation. At this crossroads, India is leveraging its market size and reforms to grow its global clout, while Pakistan faces economic challenges as it seeks

Pakistan, UAE ink MoUs on cultural cooperation, consular affairs: FO

Pakistan and the United Arab Emirates on Monday signed and exchanged multiple memoranda of understanding (MoU) to further strengthen bonds between the people of both nations, according to the Foreign Office (FO). Pakistan and the UAE share close diplomatic, economic, and cultural ties. The UAE is one of Pakistan’s largest trading partners in the Middle East and a major source of remittances, wi

Work on $2bn motorway projects to start this year: minister

Federal Minister for Communications Abdul Aleem Khan on Monday announced that construction of $2 billion Sukkur-Hyderabad Motorway (M-6) and Karachi-Hyderabad Motorway (M-9) will start this year. The federal minister announced this while chairing a meeting of the National Highway Authority (NHA). The M-6 project, an integral part of China-Pakistan Economic Corridor, has already been delayed