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ISLAMABAD (DI NEWS) : Chinese Ambassador Jiang Zaidong emphasized China’s commitment to advancing the China-Pakistan Economic Corridor (CPEC) and strengthening the China-Pakistan partnership across strategic, economic, and cultural dimensions. Speaking at the National University of Modern Languages in Islamabad, he highlighted the solid foundation of bilateral ties, fostered through ongoing cooperation, leadership, and the shared vision for a “China-Pakistan community with a shared future.” CPEC has brought substantial economic benefits, with direct investments, job creation, and infrastructure development, and China is eager to build an “upgraded version” of CPEC, enhancing economic and social cooperation. Praising Pakistan’s resilience and development potential,…
The Pakistan Stock Exchange (PSX) experienced a remarkable surge on Monday, with the Hundred Index climbing by 3,741 points to close at 98,315 points, signaling a robust bullish trend in the market. The extraordinary rally began as soon as trading opened, with the index swiftly breaking through four critical thresholds—95,000, 96,000, 97,000, and 98,000 points—within minutes. Market analysts attribute this unprecedented growth to a combination of positive investor sentiment, improved macroeconomic indicators, and optimistic projections regarding Pakistan’s economic stability. According to Rizwan Alam, a prominent market expert, this historic surge reflects renewed confidence among investors. “This rally shows that the…
A ceasefire between Israel and Iran-backed group Hezbollah came into effect at 0200 GMT on Wednesday after U.S. President Joe Biden said both sides accepted an agreement brokered by the United States and France. Bursts of gunfire could be heard across Beirut after the ceasefire took effect. It was not immediately clear if the shooting was celebratory, as gunfire had also been used to alert residents who may have missed evacuation warnings issued by Israel’s military. Streams of cars carrying people displaced from southern Lebanon by Israeli strikes in recent months began heading back to the area after the ceasefire,…
Federal Interior Minister Mohsin Naqvi on Wednesday expressed gratitude for the failure of the “conspiracy of mischief” behind the Pakistan Tehreek-e-Insaf (PTI) protest. In a statement following the operation to disperse protesters, Naqvi lauded the role of the law enforcement agencies in upholding peace and order. Speaking at a visit to D-Chowk and Khyber Plaza, Mohsin Naqvi commended the Rangers, Pakistan Army, FC, and the police forces from Islamabad, Punjab, and Sindh for their courageous efforts in repelling the demonstrators. The minister also stressed the bravery of the Rangers officers and personnel who took the lead in restoring calm to…
ISLAMABAD : As Lahore continues to grapple with severe smog, the air quality index (AQI) of the megapolis was recorded at 299, just one point short of the “hazardous” category on Wednesday. The Punjab capital has hovered around the 300 mark, the threshold considered hazardous for human health for nearly 10 days, according to the Swiss air quality monitor, IQAir, after almost a month of registering dangerously high levels of pollutants in the atmosphere. Today, Lahore ranked as the second-most polluted major city in the world in terms of air quality, with a concentration of PM2.5 particles — the fine…
Prime Minister Shehbaz Sharif has summoned an emergency meeting of the federal cabinet today to discuss the current political situation, particularly the aftermath of the PTI-led protests that have escalated tensions across the capital. Sources privy to the development said that the meeting will focus on the unfolding developments related to the protest and the impact it has had on the country’s security and governance. The cabinet is expected to review the situation in detail and make important decisions regarding responding to the ongoing unrest. The huddle follows a series of violent incidents during the PTI’s protest march in Islamabad,…
Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday’s OPEC+ meeting. Brent crude futures fell 2 cents to $72.79 a barrel by 0114 GMT, while U.S. West Texas Intermediate crude futures were at $68.73 a barrel, down 4 cents, or 0.1%. Both benchmarks settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon’s Hezbollah. A ceasefire between Israel and Hezbollah will take effect on Wednesday after both sides accepted an agreement brokered by the United States and France, U.S. President Joe Biden…
Despite an agreed-upon ceasefire, tribal clashes in Kurram district escalated on Tuesday, leaving three more people dead and 21 others injured. The death toll has now climbed to 90, with 114 individuals injured over the past four days of violent conflict, according to police reports. Another injured victim succumbed to injuries in the hospital. Authorities confirmed that the violence has brought the region to a standstill, with the Parachinar-Kohat-Peshawar highway remaining closed to all types of traffic. Tensions have also led to the postponement of Intermediate Part II exams in the district, according to the district administration. Kohat Commissioner Motasim…
Former federal minister Faisal Vawda said that Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan will face more difficulties following the embattled party’s protests. Expressing his thoughts on Samaa TV, Vawda said, “Ali Amin Gandapur and Bushra Bibi might be getting arrested.” He talked about the possibility of the raid by the law enforcement agencies (LEAs), saying, “KP is not the part of India where it is impossible to raid.” “The police is chasing Bushra Bibi. She was only inciting the people but did not come to D-Chowk,” Vawda stated. He also schooled the PTI founder, saying, “The PTI founder is seeing…
A massive crackdown on Pakistan Tehreek-e-Insaf (PTI) protesters unfolded in Islamabad on Tuesday night, as law enforcement launched a large-scale operation to clear key areas, including Kulsoom Plaza Chowk and the Blue Area. It is reported that all the PTI workers in the main protest convoy have dispersed, while Imran Khan’s wife, Bushra Bibi, and Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur have left the Blue Area in the same vehicle. Earlier, it was reported that Bushra Bibi and Gandapur were likely to be arrested. Reportedly, Bushra Bibi and Ali Amin Gandapur left the containers two hours ago, and since…
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