Gold prices in Pakistan have witnessed a significant surge, aligning with a sharp increase in the international market. The cost of 24-carat gold per tola skyrocketed by PKR 6,600, reaching an all-time high of PKR 356,800. Similarly, the price of 10 grams of gold rose by PKR 5,658, bringing it to PKR 305,898, reflecting strong...
The Pakistan Stock Exchange (PSX) concluded trading at an all-time high due to surging investor confidence amid positive economic and diplomatic developments. The new financial year kicked off with remarkable momentum, with the KSE-100 Index establishing two new records within a single day. During the trading session in Karachi, the KSE-100 Index soared by 2,844...
Pakistan Stock Exchange (PSX) achieved a historic milestone on the last day of the financial year 2024-25, backed by a combination of positive economic factors, including a new trade agreement with the United States, China’s debt rollover support, proactive government measures to address circular debt, and growing investor confidence. The benchmark KSE-100 Index soared to...
The Federal Board of Revenue’s (FBR) Large Taxpayer Office (LTO) in Karachi has set a historic record by achieving an unprecedented tax collection milestone at the close of the financial year. For the first time in history, Karachi’s LTO recorded a staggering 48% increase in tax collection for the month of June, amassing a total...
In a recent letter addressed to Sindh Local Government Minister Saeed Ghani, Mayor Karachi Murtaza Wahab raised serious concerns about the functioning of Town Municipal Administrations (TMAs) in Karachi, accusing them of exceeding their authority and neglecting critical infrastructure responsibilities. According to the mayor, TMAs are overstepping their jurisdiction by carrying out unauthorized road cutting...
Pakistan and China are in advanced discussions to form a new regional body with the mandate to replace the South Asian Association for Regional Cooperation (SAARC), which has been inactive since 2014 due to India-Pakistan tensions. The plan aims at increased regional integration, trade, and connectivity in South Asia, with a focus on dealing with...
The Sindh government has submitted a request to the federal authorities to suspend mobile phone services during Ashura Muharram to ensure robust security arrangements. The Sindh Home Department has sent a formal letter to the Ministry of Interior, recommending the suspension of mobile internet services along the routes of Ashura Muharram processions. The request specifically...
The federal government of Pakistan has decided to eliminate the Rs. 35 Pakistan Television (PTV) fee charged on electricity bills, offering relief to millions of consumers. The decision, directed by Prime Minister Shehbaz Sharif, is set to be formally announced soon after a high-level meeting next week. This move aims to ease the financial burden...
British scientists have embarked on a new technological journey with a revolutionary project to artificially create human DNA in the laboratory. They have named it the Synthetic Human Genome Project. This five-year program aims to enhance the understanding of the genetic code and pave the way for treatments for future diseases. The project involves experts...
Karachi experienced widespread rainfall on June 28, 2025, with the Pakistan Meteorological Department (PMD) reporting a citywide total of 17.8 mm. The heaviest downpour was recorded in Surjani Town at 58.2 mm, followed by Saddar Town with 47.5 mm, Gulshan-e-Maimar at 37.4 mm, and Gulshan-e-Hadid with 37 mm. Other areas saw significant showers, including Shahrah-e-Faisal...