US strikes in Venezuela spur safe-haven buying

Gold prices in Pakistan experienced a significant rebound on Monday, influenced by strong gains in the international bullion market, driven by heightened geopolitical tensions following a dramatic event where the US launched airstrikes on Venezuela and abducted President Nicolas Maduro. As a result, there was increased demand for safe-haven assets like gold, which positively impacted […]

Punjab stops honorariums for clerics spreading hate or anti-state rhetoric

The Punjab government has decided to stop awarding honorariums to religious scholars who make statements against state policies. The provincial government has also announced strict action against clerics promoting hate speeches and anti-state activities. Punjab Chief Minister Maryam Nawaz Sharif has approved this policy following recommendations from the Punjab Home Department. The policy specifies that […]

Pakistan Stock Exchange hits record high as KSE-100 index surges to 182,408 points

Pakistan Stock Exchange (PSX) delivered a standout performance today as the benchmark index surged to a fresh all-time high and closed at a record level of 182,408 points, firmly holding above the 182,000 mark. Investor confidence remained strong throughout the session, keeping momentum decisively on the upside. During the day, the index touched an intraday […]