Auto policy shrouded in secrecy
The three Japanese carmakers lacked innovation and competitiveness, despite the incentives offered to them in…
Auto policy shrouded in secrecy
The three Japanese carmakers lacked innovation and competitiveness, despite the incentives offered to them in the previous policies, said government officials as they announced the auto policy. PHOTO: FILE KARACHI: Pakistan’s upcoming auto policy for 2026-31 is facing growing criticism from industry stakeholders over an unusual lack of transparency, with key players claiming they remain…
PSX surges over 2,400 points in midday trading
Investors cheer easing Middle East tensions, government’s Rs109 to Rs116 billion Sukuk listing KARACHI: The Pakistan Stock Exchange (PSX) maintained bullish momentum on Friday as the benchmark KSE-100 Index surged over 2,400 points in midday trading. The index climbed to around 172,365 points, marking a gain of approximately 2,453 points, or 1.42%, from the previous…
PM Shehbaz meets Turkish FM in Antalya ahead of diplomacy forum
Shehbaz describes Turkiye as his ‘second home’ and terms it a pleasure to visit the country PM Shehbaz Sharif meets with Turkish FM Hakan Fidan in Antalya. PHOTO: ISHAQ DAR/X Prime Minister Shehbaz Sharif on Friday held an early meeting with Turkish Foreign Minister Hakan Fidan shortly after landing in Antalya on Thursday, who thanked…
Port Qasim to get 400-acre industrial estate
Port Qasim. PHOTO: EXPRESS KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a modern small industrial estate at Port Qasim spanning approximately 400 acres, according to a statement issued on Thursday. Speaking during his visit to the Karachi Chamber of Commerce and Industry (KCCI), the minister said the…
Eight killed in helicopter crash in Indonesia
All eight people on board an Airbus H130 helicopter were killed after it crashed on Thursday in Sekadau regency, West Kalimantan province of Indonesia, authorities said Friday. The aircraft was carrying six passengers, a pilot and a co-pilot. The helicopter departed from Melawi regency at 7.34 am local time (0034GMT) and lost contact at 8.39…
Bushra Bibi shifted to hospital, says PTI Chairman Barrister Gohar
Gohar says he was informed via message, is awaiting briefing on treatment, will request she be allowed to meet family Bushara Bibi, wife of incarcerated former premier and Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan, was taken to the hospital last night, PTI Chairman Barrister Gohar Khan posted on X on Friday. In a post on…
Stocks maintain positive momentum
KARACHI: The rally continued at the Pakistan Stock Exchange (PSX) on Thursday, where bulls drove the benchmark KSE-100 index sharply higher in early trading before gains were trimmed by the close. Within minutes of the opening bell, the index surged 2,306 points, or 1.27%, reaching intra-day high of 170,899. Investor sentiment remained upbeat, aided by…
Israeli ‘acts of aggression’ violate ceasefire agreement with Lebanon, Lebanese army says
Lebanese Army warns citizens not to return to southern villages in light of Israeli aggression Smoke rises following an airstrike in Lebanon, as seen from Israeli side of the border, April 11, 2026. PHOTO: REUTERS Lebanon’s army reported “acts of aggression” by Israel that it said violated the 10-day “ceasefire”, which took effect at midnight…
SFD signs agreement to extend $3b deposit with SBP
FinMin witnesses signing ceremony of an ‘important financial agreement’ in Washington, DC SFD signs agreement to extend $3b deposit with the SBP. PHOTO: Radio Pakistan The Saudi Fund for Development (SFD) on Friday signed an agreement with the State Bank of Pakistan (SBP) to extend the maturity of its $3 billion deposit, Radio Pakistan reported….
UK, Pakistan launch geoscience capability drive
Minister warns against hydrocarbon dependence as British envoy praises peace efforts Minister for Petroleum and Natural Resources Ali Pervaiz Malik speaks during an interview with Reuters, during the Pakistan Minerals Investment Forum 2025, in Islamabad, Pakistan April 8, 2025. Photo: Reuters ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik and British High Commissioner Jane Marriott…
