On Monday, Pakistan’s equity market continued its rally, climbing past the 156,000 level in intraday trade to set another all-time high. This was driven by positive investor sentiment in response to fresh liquidity and optimism surrounding new policy initiatives. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed at 156,087.30 points, marking an increase of 1,810.11 points, or 1.17%, from the previous close of 154,277.19. Market Drivers and Government Confidence Ahfaz Mustafa, CEO of Ismail Iqbal Securities, stated that “A successful SCO meeting, the impending circular debt resolution, along with ample liquidity in the market, is the driving force behind…
Author: Raja Zahid Khanzada
In a Bloomberg TV interview on Monday, India’s Chief Economic Adviser V. Anantha Nageswaran stated that U.S. President Donald Trump’s 50% tariffs on India could reduce the country’s gross domestic product (GDP) by half a percent this year. “Depending upon how long it lasts even in this financial year, it may translate into a GDP impact of somewhere between 0.5% to 0.6%,” he told the broadcaster. Trump, who is seeking to broker an end to the Ukraine conflict, has said that India’s oil imports are helping to fund Moscow’s war effort. Last month, he doubled tariffs on imports from India…
Following their tri-series victory in Sharjah, T20I skipper Salman Ali Agha announced that he and fast bowler Shaheen Shah Afridi will donate their earnings from the T20I tri-series to those affected by the devastating floods across the country. Taking to X, Salman wrote: “Currently our country is going through a difficult time. Myself and Shaheen Afridi will donate tri-nation series earnings to all affected by floods back home.” He added, “I’d encourage our stars to donate in rebuilding for those whose lives are destroyed.” This gesture comes as the country is dealing with its second catastrophic monsoon flooding in three…
England made history by achieving their largest-ever victory against South Africa in the third One-Day International (ODI) at the Rose Bowl. Chasing a massive total of 415, England bowled out the Proteas for just 72 runs, securing a 342-run win—the largest winning margin by runs in the history of the 50-over format. This triumph surpasses India’s previous record of a 317-run victory over Sri Lanka in 2023. It also marks England’s biggest-ever ODI win, eclipsing their 242-run victory against Australia in Nottingham in 2018. Batting first, England posted a massive total thanks to outstanding performances from their top order. Jacob…
Eygi, whose first name is pronounced “Aysha-nour,” was fatally shot by Israeli forces on September 6, 2024, while participating in a protest against an illegal settler outpost in the occupied West Bank. As Israel intensifies its assault on Gaza, violence in the West Bank has also been increasing. Since 2022, at least 10 U.S. citizens have been killed by Israeli soldiers and settlers. The administrations of Presidents Joe Biden and Donald Trump have ignored calls from Eygi’s family for a U.S.-led investigation into her killing, while Washington has continued to provide Israel with billions of dollars in military aid. Eygi’s…
Seated next to veteran progressive politician Bernie Sanders, Zohran Mamdani addressed 1,700 people, asserting his position as the clear frontrunner in the city’s mayoral race. This contest is now garnering national attention as progressives see candidates like him as a way to invigorate their movement, while also fueling anger and coordinated attacks from the right, including from President Donald Trump. “Politics can be powered by ordinary people,” Mamdani told the audience. The event, part of Sanders’s tour that has already reached 21 states and more than 300,000 people, highlighted the growing national focus on New York’s mayoral race and the…
President Trump stated he is working on a solution for the situation in Gaza and expects to announce something soon. He described Israel’s ongoing war in Gaza and Hamas’s holding of dozens of Israeli captives as a “hell of a problem.” “It’s a problem we want to solve for the Middle East, for Israel, for everybody. But it’s a problem we’re going to get done,” he said. “You’ll be hearing about it pretty soon. We’re trying to get it ended, get the hostages back,” he added. Negotiations and a Final Warning Earlier on Sunday, Trump said he had put forward…
The status of the $2 trillion investment vehicle as “non-political” was, until recently, a core principle of Norway’s sovereign wealth fund—the largest in the world—which was established in the early 1990s to manage surplus revenue from North Sea oil sales. The current question is how this controversy will affect the ballot box and whether the threats of U.S. retaliation will lead to concrete action. How Do Norway’s General Elections Work? Norway operates on a system of proportional representation, where 169 politicians are elected to the national legislature, the Storting, for a four-year term. Of these, 150 are allocated to 19…
The rise of artificial intelligence has sparked a global conversation about its potential impact on various aspects of life. From automating routine tasks to revolutionizing scientific research, AI technologies are rapidly advancing and becoming more integrated into our daily routines. This progress, however, also raises important ethical questions about data privacy, algorithmic bias, and the future of work. As societies grapple with these challenges, striking a balance between harnessing the benefits of AI and mitigating its risks will be crucial for a sustainable and equitable future.
The Vienna State Opera recently held a free, open-air concert as part of its ongoing effort to “open the house to all—especially new listeners,” as stated in an official announcement. The event featured performances by several world-class singers, including Latvian mezzo-soprano Elina Garanca, German tenor Jonas Kaufmann, Finnish soprano Camilla Nylund, and French tenor Benjamin Bernheim. Garanca told AFP, “I’m very happy that I can be a part of such an event because our goal is to communicate with people, regardless of their race, nationality, political situation, or cultural differences.” The acclaimed mezzo-soprano added, “I find it really great that…
