News Archive - Page 193

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SECP proposes PSX access for partnerships and AOPs

SECP proposes PSX access for partnerships and AOPs

SECP is considering new rules that would help partnerships, AOPs and similar businesses move toward public listings at the PSX. The proposal aims to widen capital-market access while preserving disclosure and audit safeguards.

Business
Punjab announces extended Eid holidays across province

Punjab announces extended Eid holidays across province

Punjab has expanded Eid ul Fitr holidays, creating a longer break for many residents when combined with the weekend and Pakistan Day. The move is part of wider provincial preparations for the upcoming holiday period.

Politics
Pakistan offers mediation as Iran-US tensions rise

Pakistan offers mediation as Iran-US tensions rise

Pakistan has signalled its willingness to mediate between Iran and the United States as regional tensions intensify. The offer highlights Islamabad’s push for diplomacy amid concerns over wider security and economic fallout.

Politics
Fresh rain and hail alert issued across Pakistan

Fresh rain and hail alert issued across Pakistan

Pakistan is set to see another round of rain, hail and thunderstorms as unstable weather spreads across multiple regions. The forecast has raised the likelihood of travel disruption and localised weather-related damage.

General
IMF tightens reform demands on Pakistan loan review

IMF tightens reform demands on Pakistan loan review

The IMF has raised the bar for Pakistan’s $7 billion programme by demanding tougher tax and compliance reforms. The fresh conditions signal that future progress will depend on concrete implementation rather than policy commitments alone.

Business
Gold rate in Pakistan stays firm on March 18

Gold rate in Pakistan stays firm on March 18

Pakistan’s latest bullion update shows 24-karat gold holding at Rs523,762 per tola on March 18. The rate reflects continued market caution as investors track global uncertainty and domestic price pressures.

Business
March 19 declared holiday in Balochistan

March 19 declared holiday in Balochistan

Balochistan has declared March 19 a public holiday, with both public and private institutions directed to remain closed. The move comes as provincial authorities prepare for increased holiday activity ahead of Eid.

Politics
Karachi Rangers detain seven in major Topi Gang raid

Karachi Rangers detain seven in major Topi Gang raid

Rangers have arrested seven alleged members of Karachi’s Topi Gang in a major raid and say the group was tied to hundreds of crimes across Sindh. The operation is continuing as authorities pursue more suspects linked to the network.

General
Pakistan Day parade called off under austerity drive

Pakistan Day parade called off under austerity drive

Pakistan’s president has approved the cancellation of this year’s Pakistan Day parade as part of an austerity-driven response to economic constraints. The move also shifts the traditional awards ceremony to a later date.

Politics
Punjab orders Eid fare crackdown at bus terminals

Punjab orders Eid fare crackdown at bus terminals

Punjab has begun a crackdown on transporters accused of overcharging passengers ahead of Eid. The move combines fare enforcement with orders to improve facilities and conditions at bus terminals across the province.

Politics
Eid rush overwhelms Lahore bus stands as fares spike

Eid rush overwhelms Lahore bus stands as fares spike

A sharp Eid travel rush has overwhelmed bus stands in Lahore, leaving passengers stuck in long lines and facing fare hikes. The situation has intensified pressure on authorities to regulate transporters and improve terminal management.

General
PSX jumps past 153,000 as market rallies sharply

PSX jumps past 153,000 as market rallies sharply

The Pakistan Stock Exchange posted a powerful rally, with the KSE-100 Index crossing 153,000 points during Wednesday trading. The jump signals a notable rebound in investor confidence despite continued regional uncertainty.

Business