Sindh Minister for Local Government and Chairman of the Greater Karachi Regional Plan 2047 Steering Committee, Saeed Ghani, has emphasized that Karachi currently lacks an approved master plan, leading to disorganization in the city. He stated that a master plan is a cornerstone for any city’s development, and the Greater Karachi Regional Plan 2047 will...
The Mominabad area of Orangi Town has been overturned in the aftermath of a tragic triple murder case where a father and his two friends were brutally murdered at his own daughter’s in-laws’ residence. The case has been registered by the police under the charge of murder, following the incident late Wednesday night. The case,...
The case of domestic worker Shanaz, accused of stealing over Rs 50 million in Clifton, was presented at the Judicial Magistrate South court. After hearing arguments from both sides, the court reserved its verdict on the accused’s bail application and adjourned further proceedings until Friday. According to the prosecution, a case of high-value theft has...
On July 1, 2025, U.S. President Donald Trump announced that Israel has agreed to the “necessary conditions” to finalize a 60-day ceasefire in Gaza, with Trump urging Hamas to accept the deal, warning that conditions “will not get better — IT WILL ONLY GET WORSE.” Trump emphasized that the ceasefire, mediated by Qatar and Egypt,...
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...