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Pakistan Stock Exchange (PSX) is experiencing continued decline, with the Hundred Index falling by more than 1,000 points. As of the latest trading session, the index is trading at 110,920 points, influenced by international market pressures. Stock brokers attribute the ongoing slump to external market factors affecting local sentiment. Earlier, the market had a positive start today, but the Hundred Index saw a loss of 379 points, dropping to 111,555 points. Despite initial gains, the market is under pressure, as observed in the last two trading days. 3rd day of the business week On the third day of the business week,…

KARAK: In a brazen overnight assault, militants attacked a police checkpost in Khyber Pakhtunkhwa’s (KP) Karak district during the early hours of Thursday, killing at least three police personnel and injuring six others, authorities confirmed. The attackers, armed with heavy weapons, launched a barrage of gunfire at the checkpost in the Bahadurkhel area of the city. The deceased have been identified as Taimur, Hayat, Naqeeb and Adnan. Four injured personnel were rushed to the District Headquarters Hospital in Karak. However, three of the wounded have then been shifted to Peshawar due to being in critical condition. The funeral prayer for…

The Pakistan Telecommunication Authority (PTA) has announced its decision to issue licenses for the provision of Fixed Satellite Services (FSS), aimed at enhancing the country’s satellite communication infrastructure. A draft policy outlining the terms and conditions of the new licensing regime has been prepared and released for public consultation. According to the draft, the license will be valid for a period of 15 years, with license holders required to commence services within 18 months of issuance. The initial fee for obtaining an FSS license has been set at $500,000. The license will permit the establishment of fixed earth stations, fixed…

Former prime minister Shahid Khaqan Abbasi has called for the formation of a unity government to tackle Pakistan’s growing political and economic challenges. Speaking on Samaa TV talk show ‘Nadeem Malik Live’, Abbasi emphasized the need for collaboration between the country’s political, judicial, and military leadership to develop a consensus-driven agenda aimed at resolving the nation’s pressing issues. Abbasi suggested that leaders from all key institutions should come together for a national dialogue to identify the core problems facing Pakistan and agree on practical solutions. “Talented and experienced individuals should be tasked with implementing this agreed-upon agenda,” he said, stressing…

The annual bilateral consultations between Pakistan and Qatar, scheduled to take place in Doha on Wednesday, have been postponed, according to official sources. The Foreign Office had announced the high-level talks last week, with a delegation led by Deputy Prime Minister and Foreign Minister Ishaq Dar expected to represent Pakistan. Ishaq Dar had already chaired two preparatory meetings to finalize the agenda for discussions with Qatari officials. However, sources revealed that the talks were postponed due to Ishaq Dar’s sudden departure to China for an official visit. Both nations are reportedly in contact to finalize new dates for the rescheduled…

ISLAMABAD : The Pakistan Meteorological Department (PMD) has predicted mainly cold and dry weather in most parts of the country during next 24 hours, while very cold in hilly areas during morning and night. However, light rain-wind/thunderstorm (light snow over hills) is expected at isolated places in Kashmir, Upper Khyber Pakhtunkhwa and Gilgit-Baltistan. The synoptic situation reveals that a continental air is prevailing over most parts of the country, while a shallow westerly wave is affecting northern areas. During the past 24 hours, cold and dry weather prevailed in most parts of the country, while very cold in hilly areas.…

The International Cricket Council (ICC) has unveiled the list of match officials for the highly anticipated ICC Men’s Champions Trophy 2025, set to take place in Pakistan and the United Arab Emirates (UAE) from February 19 to March 9, 2025. The tournament, which will feature 8 top-tier teams, will be staged across four iconic venues — Karachi, Lahore, and Rawalpindi in Pakistan, as well as Dubai in the UAE. The prestigious event, spanning 15 matches, is set to see some of the finest officials in world cricket oversee the action. A distinguished panel of 12 umpires will officiate the upcoming…

Indian cricketer Abhishek Sharma has made a remarkable leap in the ICC Men’s T20I batting rankings, climbing 38 places to secure the second spot after his phenomenal performance in the T20I series against England.  Sharma’s 135-run knockoff 54 balls in the final T20I set a new record for the highest individual score by an Indian in men’s T20Is, featuring an incredible 13 sixes. He reached his century in just 37 deliveries, making it the second-fastest T20I century by an Indian cricketer. With 855 rating points, Australia’s Travis Head continues to hold the top spot in the rankings. Sharma’s rise, however,…

President Asif Ali Zardari met with Chinese President Xi Jinping at the Great Hall of the People in Beijing, where they discussed bilateral relations, regional and international issues, and ways to expand their partnership. Both leaders reaffirmed their commitment to mutual support and highlighted the time-tested Pakistan-China friendship. President Zardari praised China’s development under President Xi’s leadership and lauded the China-Pakistan Economic Corridor (CPEC) as a model of beneficial cooperation under the Belt and Road Initiative. They emphasized enhancing people-to-people ties and cultural exchanges, with President Zardari inviting President Xi to visit Pakistan. The meeting concluded with the signing of…

ISLAMABAD (ID NEWS) : The People’s Republic of China and the Kyrgyz Republic on Wednesday issued a joint statement on advancing the comprehensive strategic partnership in the new era. Kyrgyz President Sadyr Japarov is in Beijing for a state visit. The two leaders held talks in a cordial and friendly atmosphere. They had an in-depth exchange of views and reached a broad consensus on bilateral relations, international and regional issues of common interest as well as deepening all-round and equal cooperation.