Finance Minister signals further increase in petroleum prices
ISLAMABAD: Finance Minister Muhammad Aurangzeb has indicated a possible further increase in petroleum product prices in the coming days. Speaking at a meeting of the Senate Standing Committee on Finance, Aurangzeb said the government is implementing austerity and cost-saving measures on the instructions of the prime minister, but petroleum prices are still expected to rise […]
Bushra Bibi holds 30-minute meeting with Imran Khan in Adiala jail
RAWALPINDI :- A meeting between Bushra Bibi and the founder of PTI Imran Khan was arranged at Adiala Jail. According to jail report, Bushra Bibi was allowed to meet Imran Khan in the conference room of the prison facility. The meeting reportedly lasted for about 30 minutes. Reports said that during the meeting, discussions were held […]
Pakistan raises $507 million as PTA completes third round of 5G spectrum auction
ISLAMABAD : The country has moved a step closer to launching next-generation mobile connectivity after the Pakistan Telecommunication Authority (PTA) on Tuesday successfully completed the third round of the country’s 5G spectrum auction, generating $507 million in revenue. The auction, organised by the PTA in Islamabad, offered 600 MHz of spectrum for next-generation mobile services […]
PSX hits 158,224 as early session sees strong rally
KARACHI : The Pakistan Stock Exchange (PSX) opened Wednesday on a positive note as oil prices remained below $90 per barrel, easing concerns over potential supply disruptions. In the early session, the KSE-100 index surged by 2,047.87 points, climbing to 158,224.99, marking a 1.31% gain over the previous close of 156,177.12 points. However, the bullish […]
Combatants in Mideast war trade more air strikes as Iran clamps down on dissent
DUBAI/TEL AVIV/WASHINGTON:– The US and Israel traded air strikes with Iran’s military across the Middle East as the besieged Tehran government warned its state security forces were ready with “fingers on the trigger” to confront any revival of anti-government protests. Following an exchange of some of the heaviest bombardments in the region yet on Tuesday, […]
Rain cools Islamabad, Rawalpindi as thunderstorms hit twin cities
ISLAMABAD :Thunderstorms hit Islamabad and Rawalpindi on Wednesday, bringing heavy and light rain to the twin cities and significantly lowering the temperature, making the weather pleasant. Rain continued in different areas of the twin cities of Islamabad and Rawalpindi on Wednesday as thunderstorms swept across the region. The rainfall led to a noticeable drop in […]
Operation Ghazab lil-Haq: Pak Army targets Afghan Taliban posts in Zhob
RAWALPINDI:The Pakistan Army carried out a strong retaliatory action against militant positions in the Zhob sector along the Pakistan–Afghanistan border, security sources said on Wednesday. According to officials, Pakistani forces targeted Posts No. 2 and 3, used by Afghan Taliban in the Zhob District sector. The swift and forceful response forced the militants to flee […]
Trump, Putin talk of war and peace as US weighs easing Russian oil sanctions
MOSCOW: US President Donald Trump and Russian counterpart Vladimir Putin discussed on Monday the war in Iran and prospects for peace in Ukraine, just hours after the Kremlin chief warned that a global energy crisis threatened the world economy. The US and Israeli attack on Iran triggered the biggest spike in oil prices since the […]
Govt secures additional petroleum cargoes for coming weeks: finance minister
ISLAMABAD (Dunya News) – Finance Minister Senator Muhammad Aurangzeb said the government has arranged additional petroleum cargoes for the coming weeks to ensure a steady supply of fuel across the country. The remarks were made during a committee meeting chaired by the finance minister in Islamabad to review petroleum prices and supply in light of […]
PSX rebounds with 11,100 points on positive market sentiment
KARACHI: Pakistan Stock Exchange (PSX) rebounded with significant gains on Tuesday as US President Donald Trump predicted the war in the Middle East could end soon and the State Bank of Pakistan kept the policy rate unchanged at 10.5 percent. During intraday trading, the KSE-100 index gained 11,100.60 points to climb to 157,580.74 points, reflecting […]