The International Monetary Fund (IMF) said Pakistan’s policy efforts under its Extended Fund Facility (EFF) programme have “helped stabilise the economy and rebuild confidence,” with fiscal performance described as “strong.” Speaking at a weekly press briefing on Thursday, IMF Communications Director Julie Kozack said a staff team is expected to visit Pakistan from February 25 […]
Pakistani model Mahnoor Rahim has publicly accused TV producer Umer Mukhtar of sending inappropriate messages to women online. In a video uploaded on Instagram this week, Mahnoor claimed that despite being married, Mukhtar repeatedly tried to contact women for personal conversations. Sharing her own experience, she said that in 2023, while in Canada, a producer […]
Gold and silver prices continued their upward trend on Thursday, widening the gap between precious metals and consumer affordability. In the international bullion market, gold rose by $79 per ounce to $5,012, prompting a surge in local rates. US gold futures for April delivery were up 0.4% at $5,031.20, while spot gold climbed 0.7% to […]
The Pakistan Stock Exchange (PSX) staged a strong recovery on Friday, with the KSE-100 Index closing at 173,170, up 999 points (+0.58%) after hitting an intraday low of 169,593. The benchmark touched a high of 174,148, reflecting heightened volatility throughout the session. “PSX exhibited consolidation around the 172,000 level, with wide intraday swings of approximately […]
Secretary Inter-Provincial Coordination (IPC) Mohyuddin Ahmad Wani has pledged to revive and strengthen the country’s national game after assuming charge as the ad-hoc President of the Pakistan Hockey Federation (PHF). In a statement on Friday, following his appointment, Wani assured stakeholders of a comprehensive plan aimed at stabilising the federation, rebuilding trust and revamping team […]
The Federal Investigation Agency (FIA) on Friday decided to revise the charge sheet in the foreign funding case against PTI founder Imran Khan and others after two new suspects were added to the probe. The Islamabad Banking Court on Friday heard the case, summoning two new individuals: PTI Chief Finance Officer Siraj Ahmed and private […]
The United States Educational Foundation in Pakistan (USEFP) has opened applications for the 2027 Fulbright Student Program. Established in 1950 by the governments of the United States and Pakistan, the USEFP has facilitated exchange programs for more than 9,000 Pakistanis and nearly 1,000 Americans. The Fulbright scholarship covers graduate study in the US, including tuition, […]
Former South Korean President Yoon Suk Yeol apologised on Friday for his short-lived declaration of martial law in December 2024, a day after a Seoul court sentenced him to life in prison for masterminding an insurrection. In a statement released by his lawyers, Yoon said that while he was sorry for the “frustration and hardship” […]
Prime Minister Shehbaz Sharif on Thursday met Benjamin Black, chief executive officer of the United States International Development Finance Corporation (DFC), to discuss expanding economic cooperation and investment in Pakistan. Connor Coleman, head of investments at the DFC, and other senior officials of the agency were also present at the meeting. The prime minister acknowledged […]
A large crackdown was carried out against illegally residing Afghan nationals in Islamabad and several other cities on Thursday, with more than 2,000 personnel mobilised. According to officials, the police, Pakistan Rangers, the Counter Terrorism Department (CTD), and intelligence agencies conducted joint search-and-comb operations in Islamabad, Rawalpindi, Attock, Jhelum, and Chakwal, while security at mosques […]