The Pakistan Stock Exchange (PSX) staged a strong recovery on Monday as the benchmark KSE-100 index surged by more than 1,000 points during trading, reflecting renewed investor confidence and improved market sentiment. The rally was driven by aggressive buying in key sectors, including banking, cement, oil and gas, and power generation. Market analysts said investors...
Author: Tooba Ashhad (Tooba Ashhad)
Home » Archives for Tooba Ashhad » Page 4
Post
May 19, 2026May 19, 2026Economy
Pakistan’s fish exports cross $500 million milestone for first time
Pakistan’s fish and seafood exports have crossed the $500 million mark for the first time in the country’s history, marking a major achievement for the maritime and fisheries sector. Officials credited the milestone to reforms, improved quality standards, and expansion into new international markets. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said the...
Post
May 19, 2026May 19, 2026National
FIA suspends two officers after controversial raid at Karachi’s Sarafa Bazaar
The Federal Investigation Agency (FIA) has suspended two officers and registered a case against a private individual following a controversial raid at Karachi’s Sarafa Bazaar that sparked strong backlash from traders and the public. The action came after FIA Director General Dr Usman Anwar ordered a detailed inquiry into the incident, which took place during...
Post
May 19, 2026May 19, 2026Travel
Thailand cuts visa-free stays amid rising concerns over foreign crime
Thailand has announced plans to shorten visa-free stays for tourists from dozens of countries as part of a broader crackdown on crime and misuse of immigration privileges by foreign nationals. The decision reflects growing security concerns despite tourism remaining a key pillar of the Thai economy. Under the revised policy approved by Thai authorities, the...
Post
May 19, 2026May 19, 2026Entertainment
Spanish court acquits Shakira of tax fraud, orders €60m reimbursement
A Spanish court has acquitted Colombian pop star Shakira of tax fraud charges linked to her 2011 income, ordering Spanish authorities to reimburse more than €60 million ($70 million), including interest. The ruling marks a major legal victory for the singer after years of disputes with Spain’s tax agency. Spain’s High Court ruled that prosecutors...
Post
May 19, 2026May 19, 2026National
AIIB to provide $320 million loan for N-5 highway reconstruction in Pakistan
The Asian Infrastructure Investment Bank (AIIB) is set to provide a $320 million loan for the reconstruction and rehabilitation of Pakistan’s National Highway-5 (N-5), one of the country’s most important, longest and oldest transport corridors, spanning 1,819 km from Karachi, Sindh, to the Torkham border crossing with Afghanistan in Khyber Pakhtunkhwa. The project aims to...
Post
May 19, 2026May 19, 2026International
Iran warns any new US aggression will trigger a “stronger response”
Iran has warned that any new military aggression by the United States would provoke a much stronger response, as tensions continue despite ongoing diplomatic efforts aimed at preventing further conflict in the region. Speaking on Tuesday, Iranian Parliament National Security Commission spokesperson Ebrahim Rezaei said Tehran was fully prepared to respond if Washington resumed attacks....
Post
May 14, 2026May 14, 2026National
PM Shehbaz vows to turn Pakistan into economic power, citing its nuclear journey as inspiration
Prime Minister Shehbaz Sharif has pledged to transform Pakistan into a strong economic power, saying the country can achieve economic success with the same unity and determination that led to its nuclear capability. In his remarks, the premier said Pakistan’s historic nuclear journey demonstrated how national resolve and strategic vision could help the country overcome...
Post
May 14, 2026May 14, 2026International
Russia moves toward “full partnership” with Afghanistan’s Taliban government
Russia has announced that it is establishing a “full-fledged partnership” with Afghanistan’s Taliban-led government, signaling a major shift in regional diplomacy and Moscow’s approach toward Kabul. Speaking during a meeting of the Shanghai Cooperation Organisation (SCO), Russian Security Council Secretary Sergei Shoigu said Moscow was developing a pragmatic relationship with the Taliban administration focused on...
Post
May 14, 2026May 14, 2026Crime
Gwadar University VC, pro-vice chancellor go missing while travelling to Quetta
The vice chancellor and pro-vice chancellor of the University of Gwadar have reportedly gone missing while travelling from Gwadar to Quetta, prompting authorities to launch a search operation in Balochistan. According to officials, Vice Chancellor Dr Abdul Razzaq Sabir and Pro-Vice Chancellor Syed Manzoor Ahmed left Gwadar for Quetta on Wednesday morning, accompanied by a...