Skip to the content Skip to the Navigation
Tariq Vohra Securities (Private) Limited
  • About
    • Vision & Mission
    • Management Profile
    • Details of Associated Companies
    • Management Rating
    • Auditors
    • Legal Advsor
    • Address
    • Contact Details
  • Services
    • Details of Branches
    • Online Trading
    • Details of Registered Agents
    • Mobile Trading
  • Governance
    • Board of Directors
    • Directors Profile
    • Sponsors
    • Audit Committee
    • Pattern of Shareholding
  • Investors Information
    • Financials
    • Statutory Auditors
    • NCB Auditors
    • Monthly LC
    • Monthly NCB
    • Policies & Procedures
    • Account Opening Form
    • Internet Trading Info
  • Investors Portal
    • Investors Complaint Contact
      • PSX Complaint Link
    • Pending Investors Complaint
    • Investors Grievances
    • Penal Action
    • SECP Complaint Link
    • Investors Education
    • Feed Back
    • Misc.
      • FAQ
      • Research
      • Useful Links
      • News

Details of Sponsors

  1. HOME
  2. Details of Sponsors

News

  • Business Recorder - Markets
  • Business Recorder - Business & Finance
  • Business Recorder - Latest News
  • The News International - National
  • The News International - World
  • قومی خبریں
  • بین الاقوامی خبریں
  • تجارتی خبریں
  • MarketWatch.com - Top Stories
  • MarketWatch.com - MarketWatch Breaking News Bulletins
  • MarketWatch.com - MarketPulse
Gold price per tola drops by Rs8,700 in Pakistan
March 14, 2026 12:55
Gold price per tola drops by Rs8,700 in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs524,562 after a decline of Rs8,700 during the day. Similarly, 10-gram gold was sold at Rs449,727 after it fell by Rs7,459, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs533,262 after a decline of Rs7,100 during the day.The international rate of gold declined by $87 to reach $5,018 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs310 to reach Rs8,541 per tola. [...]

Fuel prices unchanged for week despite global oil spike
March 14, 2026 5:34
Fuel prices unchanged for week despite global oil spike

The federal government on Saturday announced that prices of petroleum products will remain unchanged for the next week, starting March 14, 2026, according to a press release issued by the Ministry of Energy (Petroleum Division). As per the notification, the price of High Speed Diesel (HSD) has been maintained at Rs335.86 per litre, while Motor Spirit (petrol) will continue to be sold at Rs321.17 per litre. The announcement comes after Prime Minister Shehbaz Sharif on Friday announced that the government will maintain the current prices for petroleum products, despite rising international oil prices, in line with his pledge to shield ordinary citizens from additional financial burdens. According to a statement issued by the Prime Minister’s Office, Prime Minister Sharif said the decision was taken to provide relief to citizens amid challenging economic conditions. “As promised, we are striving to deliver as much relief as possible to the people during these difficult times,” he stated. The prime minister cited regional tensions and pressures on the global economy as factors that could significantly impact Pakistan’s economic stability. He emphasised that timely policy-making, government austerity measures, and fiscal discipline were key tools in mitigating these effects. He highlighted that federal and provincial governments were jointly implementing the austerity measures, a collaboration he described as “encouraging.” Last week, the government announced a hike of Rs55 per litre in the prices of petrol and diesel in line with increasing international oil prices. The petrol price jumped to Rs321.17 per litre, and the diesel price soared to Rs335.86 per litre. The international oil prices have increased with the escalating crisis in the Middle East after the United States and Israel launched strikes on Iran, killing its Supreme Leader, Ayatollah Ali Khamenei. [...]

PM Shehbaz decides against fuel price hike amid global market pressure, says PMO
March 13, 2026 6:25
PM Shehbaz decides against fuel price hike amid global market pressure, says PMO

Prime Minister Shehbaz Sharif on Friday decided not to increase petroleum product prices despite a rise in global oil prices, aiming to reduce the financial burden on the public, the Prime Minister’s Office (PMO) said in a statement. The development comes amid speculations that the government could increase the petroleum prices further tonight. “No price hike is being made in order to reduce the burden on the common man,” the prime minister was quoted as saying in the PMO statement. “The government will provide as much relief as possible to the people in these difficult circumstances.” Last week, the government announced a hike of Rs55 per litre in the prices of petrol and diesel in line with increasing international oil prices. The petrol price jumped to Rs321.17 per litre, and the diesel price soared to Rs335.86 per litre. The international oil prices have increased with the escalating crisis in the Middle East after the United States and Israel launched strikes on Iran, killing its Supreme Leader Ayatollah Ali Khamenei. Iran retaliated with strikes on Israel as well as US bases in Gulf countries, and announced it wouldn’t allow vessels to pass through the Strait of Hormuz. Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the US put forth measures to try and ease supply concerns, but were on track for weekly gains as Gulf disruptions from the Middle East conflict broadly persisted. Brent futures for May declined 63 cents, or 0.6%, to $99.83 a barrel at 1124 GMT, heading for a weekly increase of 8%. US West Texas Intermediate (WTI) crude for April declined $1.29, or 1.4%, at $94.44 a barrel, set for a 4% uptick for the week. [...]

Petroleum dealers give govt ultimatum to revise their margin to 8% by March 26
March 13, 2026 6:22
Petroleum dealers give govt ultimatum to revise their margin to 8% by March 26

The Pakistan Petroleum Dealers Association (PPDA) has given an ultimatum to the government to revise up their margins to 8% per litre of petroleum products till March 26, 2026 in the wake of a significant price hike of Rs55 per litre in petrol and diesel prices last week. Talking to Business Recorder after addressing a press conference at the Karachi Press Club on Friday, PPDA chairman Abdul Sami Khan said they would review the situation after Eid-ul-Fitr as what options would be available to them on the table to get their demand accepted if the government continued to maintain the margins at current level of 2.59% (around Rs8/litre). He gave a deadline of March 26 to the government. Meanwhile, PPDA senior vice chairman Malik Khuda Baksh said, “[So far], we have given no call for [shutter down] strike from March 27. However, we will review the situation if our demands are not met till March 26”. Also read: Fuel shock revives case for PHEVs, REEVs in Pakistan He added margins for petroleum dealers had stood at 3.60% (Rs8 per litre) before the government substantially increased petrol and diesel prices by Rs55/ per litre last week. The two leaders said their investment [working capital] had increased significantly to procure petroleum products from oil marketing companies (OMCs) to be sold at petrol pumps after the government increased petrol and diesel price by Rs55/ per litre each to Rs321.17/ per litre and Rs335.86/per litre, respectively on March 6, 2026. They said running petrol pumps at the current low margin remained “no more feasible”, and an upward increase in the margins was necessary to continue operate the pumps in profit, according to the petroleum dealers. Calculations suggest if the government accepts the petroleum dealers’ demand to increase their margins to 8% per litre, their margin would surge by Rs17 per litre in absolute term to Rs25 per litre from Rs8 per litre at present. [...]

UAE stocks extend loss as Mid-east conflict lingers
March 13, 2026 4:41
UAE stocks extend loss as Mid-east conflict lingers

Stock markets in the United Arab Emirates ended lower on Friday, as Iran’s continued attacks on multiple targets across the Middle East heightened fears of a prolonged regional conflict and unsettled investor sentiment. Investor caution intensified as the war in the Middle East approached the two-week mark, with heavy exchanges of drone and missile strikes across the region. U.S. President Donald Trump sharply criticized Iran’s leadership, while Iran’s new Supreme Leader Mojtaba Khamenei, in his first public comments, said on Thursday Tehran would keep the Strait of Hormuz closed and urged neighbouring countries to shut U.S. bases on their territory or risk being targeted. The escalation has raised concerns over disruption to regional trade and energy flows, particularly through the Strait of Hormuz, a vital shipping lane for global oil supplies. Dubai’s main share index slipped 1.7% with most of its constituents in negative territory, led by losses in real estate and utilities stocks. Blue-chip developer Emaar Properties slid 3%, while top lender Emirates NBD dropped 4.9%. The index logged its second highest weekly percentage loss in six years. In Dubai, debris from what authorities said was a successful interception caused minor damage to the facade of a building in the city centre, the emirate’s media office said early on Friday, adding that no injuries were reported. The office did not specify the location, though a witness said the damage occurred near the Dubai International Financial Centre. In Abu Dhabi, the stock index closed 1.6% lower for the day and posted a fourth consecutive weekly loss, dragged down by broad based declines. First Abu Dhabi Bank , the UAE’s largest lender, fell 2.2%, while Aldar Properties lost 4.3%. “Most sectors continued to trade in negative territory, although some stocks have started to show signs of stabilization. This could help the market find a floor, but overall sentiment remains cautious”, said George Pavel, general manager at Naga.com Middle East. “Higher oil prices could provide some support for energy-related stocks. However, ongoing disruption risks to trade routes, energy infrastructure, and regional logistics could continue to limit upside potential for the broader market”, he added. ABU DHABI  dropped 1.6% to 9,480DUBAI  fell 1.7% to 5,426 [...]

India’s forex reserves fall most in over a year on central bank’s rupee defence
March 13, 2026 2:47
India’s forex reserves fall most in over a year on central bank’s rupee defence

MUMBAI: India’s foreign exchange reserves fell to $716.81 billion in the week through March 6 from $728.49 billion in the previous week, Reserve ​Bank of India data showed on Friday. The $11.68 billion ‌decline in reserves last week came amid heavy dollar sales by the central bank to support the rupee against ​pressure stemming from the Iran war and the ​surge in oil prices. The rise in ⁠U.S. yields and the dollar strength further contributed ​to the drop in reserves, analysts said. Gaura Sen Gupta, ​economist at IDFC FIRST Bank, estimates the decline in reserves reflected net dollar sales of about $6.1 billion by the RBI ​and valuation losses of roughly $5.4 billion. “The RBI sterilized ​the liquidity impact of the dollar sales through on-screen bond purchases,” ‌she ⁠added. India’s forex reserves rise to above $700 billion on FX swap, gold rally Much of the decline in the week for which the RBI shared data came from foreign currency assets, which fell $9.8 billion, while the value of ​gold reserves dropped $1.6 ​billion. Changes in ⁠foreign currency assets, expressed in dollar terms, include the effect of appreciation or ​depreciation of other currencies held in its ​reserves. Foreign ⁠exchange reserves include India’s Reserve Tranche position in the International Monetary Fund. FOREIGN EXCHANGE RESERVES (in million U.S. dollars) --------------------------------------------------------- March ⁠06 Feb 27 2026 2026 --------------------------------------------------------- Foreign ​currency assets 563,245 573,125 Gold 130,017 131,630 SDRs 18,720 18,866 Reserve Tranche Position 4,828 4,873 ---------------------------------------------------------- Total 716,810 728,494 ---------------------------------------------------------- [...]

Fuel shock revives case for PHEVs, REEVs in Pakistan
March 13, 2026 2:30
Fuel shock revives case for PHEVs, REEVs in Pakistan

Pakistan’s fuel economy has been jolted by one of the sharpest oil price shocks in recent years, exposing the country’s vulnerability to global energy disruptions and reviving debate over the role of alternative vehicle technologies. Last week, the federal government raised petrol and diesel prices by Rs55 per litre, pushing petrol to around Rs321 per litre, the largest single increase in recent years. The move followed a surge in global oil prices triggered by escalating conflict in the Middle East and disruptions to supply routes passing through the strategic Strait of Hormuz. For Pakistan, an economy heavily dependent on imported energy, the consequences are immediate and far-reaching. Fuel costs directly affect transportation, logistics, agriculture, and manufacturing, creating ripple effects across inflation and household budgets. But the latest crisis is also highlighting a stark contrast between traditional gasoline vehicles and newer electrified powertrains—particularly Range Extended Electric Vehicles (REEVS) and plug-in hybrid electric vehicles (PHEVs). Also read: Sazgar enters NEV segment with Tank-500 HEV, PHEV Millions of Pakistani motorists rely entirely on petrol or diesel vehicles, leaving them fully exposed to global oil volatility. Meanwhile, a typical mid-size petrol SUV averaging 10–12 km per litre now costs dramatically more to operate. With petrol crossing Rs320 per litre, the running cost can exceed Rs25–30 per kilometre, placing additional strain on middle-class households and commercial users such as ride-hailing drivers. Pakistan spends billions of dollars annually on petroleum imports, making oil price spikes a direct pressure point for foreign exchange reserves and macroeconomic stability. REEVs and PHEVs, however, operate differently. Unlike conventional hybrids that rely solely on petrol engines supported by small batteries, PHEVs allow drivers to run significant distances purely on electricity before switching to fuel, according to Syed Asif Ahmed, Director Sales and Marketing at Chery Master Pakistan. In daily urban driving, particularly in cities like Karachi, Lahore, and Islamabad—many REEVs and PHEVs could cover 50–170 kilometres on electricity alone, effectively insulating owners from sudden fuel price spikes for most routine trips, Asif added. Charging costs remain significantly lower than petrol. Even at current electricity tariffs, running a vehicle electrically can cost a fraction of petrol-based driving, acccording to another executive of an automobile company. Crucially, PHEVs and REEVs also avoid one of the main concerns associated with fully electric vehicles: range anxiety and charging infrastructure limitations. When the battery is depleted, the vehicle seamlessly switches to hybrid mode, allowing effecient long-distance travel. This dual-energy flexibility is increasingly viewed as a transitional technology for markets like Pakistan, where charging networks are still developing. Pakistan’s auto policy over the past decade has deliberately encouraged new technologies and entrants to diversify the market. Hybrid vehicles were previously supported through tax incentives aimed at reducing fuel consumption and lowering the country’s oil import bill. Also read: CCP proposes consumer protection clauses in auto policy However, industry stakeholders warn that any significant increase in taxation on REEVs and PHEVs could undermine these gains. At a time when fuel volatility is once again exposing the risks of heavy dependence on imported oil, discouraging fuel-efficient technologies may prove counter-productive. Auto analyst Muhammad Sabir Shaikh said after substantial surges of the fuel prices, there was a huge shortage of electric cars and motorbikes in the local market, while hybrid vehicles had also gained momentum within four days. He said people were switching over to PHEV and REEVs for saving fuel costs as electric and hybrid vehicles save 80% and 50% expenses in comparison with fuel-drive vehicles. Auto analysts argue that encouraging electrified mobility—particularly technologies suited to Pakistan’s current infrastructure—could help cushion consumers against global oil shocks while gradually reducing pressure on the national energy import bill. For now, the latest fuel crisis serves as a reminder of a fundamental economic reality: when oil prices surge, countries dependent on petrol vehicles absorb the shock immediately. Technologies that reduce that dependence may not just be an environmental choice, but an economic one. [...]

Rupee records gain against US dollar
March 13, 2026 12:51
Rupee records gain against US dollar

Rupee's Performance Against US Dollar Since 04 March 2025 const ctx = document.getElementById('closingRatesChart').getContext('2d'); const closingRatesChart = new Chart(ctx, { type: 'line', data: { labels: [ "04-Mar-25", "05-Mar-25", "06-Mar-25", "07-Mar-25", "10-Mar-25", "11-Mar-25", "12-Mar-25", "13-Mar-25", "14-Mar-25", "17-Mar-25", "18-Mar-25", "19-Mar-25", "20-Mar-25", "21-Mar-25", "24-Mar-25", "25-Mar-25", "26-Mar-25", "27-Mar-25", "28-Mar-25", "03-Apr-25", "04-Apr-25", "07-Apr-25", "08-Apr-25", "09-Apr-25", "10-Apr-25", "11-Apr-25", "14-Apr-25", "15-Apr-25", "16-Apr-25", "17-Apr-25", "18-Apr-25", "21-Apr-25", "22-Apr-25", "23-Apr-25", "24-Apr-25", "25-Apr-25", "28-Apr-25", "29-Apr-25", "30-Apr-25", "02-May-25", "05-May-25", "06-May-25", "07-May-25", "08-May-25", "09-May-25", "12-May-25", "13-May-25", "14-May-25", "15-May-25", "16-May-25", "19-May-25", "20-May-25", "21-May-25", "22-May-25", "23-May-25", "26-May-25", "27-May-25", "29-May-25", "30-May-25", "02-Jun-25", "03-Jun-25", "04-Jun-25", "05-Jun-25", "10-Jun-25", "11-Jun-25", "12-Jun-25", "13-Jun-25", "16-Jun-25", "17-Jun-25", "18-Jun-25", "19-Jun-25", "20-Jun-25", "23-Jun-25", "24-Jun-25", "25-Jun-25", "26-Jun-25", "27-Jun-25", "30-Jun-25", "02-Jul-25", "03-Jul-25", "04-Jul-25", "07-Jul-25", "08-Jul-25", "09-Jul-25", "10-Jul-25", "11-Jul-25", "14-Jul-25", "15-Jul-25", "16-Jul-25", "17-Jul-25", "18-Jul-25", "21-Jul-25", "22-Jul-25", "23-Jul-25", "24-Jul-25", "25-Jul-25", "28-Jul-25", "29-Jul-25", "30-Jul-25", "31-Jul-25", "01-Aug-25", "04-Aug-25", "05-Aug-25", "06-Aug-25", "07-Aug-25", "08-Aug-25", "11-Aug-25", "12-Aug-25", "13-Aug-25", "15-Aug-25", "18-Aug-25", "19-Aug-25", "20-Aug-25", "21-Aug-25", "22-Aug-25", "25-Aug-25", "26-Aug-25", "27-Aug-25", "28-Aug-25", "29-Aug-25", "01-Sep-25", "02-Sep-25", "03-Sep-25", "04-Sep-25", "05-Sep-25", "08-Sep-25", "09-Sep-25", "10-Sep-25", "11-Sep-25", "12-Sep-25", "15-Sep-25", "16-Sep-25", "17-Sep-25", "18-Sep-25", "19-Sep-25", "21-Sep-25", "22-Sep-25", "23-Sep-25", "24-Sep-25", "25-Sep-25", "26-Sep-25", "29-Sep-25", "30-Sep-25", "01-Oct-25", "02-Oct-25", "03-Oct-25", "06-Oct-25", "07-Oct-25", "08-Oct-25", "09-Oct-25", "10-Oct-25", "13-Oct-25", "14-Oct-25", "15-Oct-25", "16-Oct-25", "17-Oct-25", "20-Oct-25", "21-Oct-25", "22-Oct-25", "23-Oct-25", "24-Oct-25", "27-Oct-25", "28-Oct-25", "29-Oct-25", "30-Oct-25", "31-Oct-25", "03-Nov-25", "04-Nov-25", "05-Nov-25", "06-Nov-25", "07-Nov-25", "10-Nov-25", "11-Nov-25", "12-Nov-25", "13-Nov-25", "14-Nov-25", "17-Nov-25", "18-Nov-25", "19-Nov-25", "20-Nov-25", "21-Nov-25", "24-Nov-25", "25-Nov-25", "26-Nov-25", "27-Nov-25", "28-Nov-25", "01-Dec-25", "02-Dec-25", "03-Dec-25", "04-Dec-25", "05-Dec-25", "08-Dec-25", "09-Dec-25", "10-Dec-25", "11-Dec-25", "12-Dec-25", "15-Dec-25", "16-Dec-25", "17-Dec-25", "18-Dec-25", "19-Dec-25", "22-Dec-25", "23-Dec-25", "24-Dec-25", "26-Dec-25", "29-Dec-25", "30-Dec-25", "31-Dec-25", "02-Jan-26", "05-Jan-26", "06-Jan-26", "07-Jan-26", "08-Jan-26", "09-Jan-26", "12-Jan-26", "13-Jan-26", "14-Jan-26", "15-Jan-26", "16-Jan-26", "19-Jan-26", "20-Jan-26", "21-Jan-26", "22-Jan-26", "23-Jan-26", "26-Jan-26", "27-Jan-26", "28-Jan-26", "29-Jan-26", "30-Jan-26", "02-Feb-26", "03-Feb-26", "04-Feb-26", "06-Feb-26", "09-Feb-26", "10-Feb-26", "11-Feb-26", "12-Feb-26", "13-Feb-26", "16-Feb-26", "17-Feb-26", "18-Feb-26", "20-Feb-26", "23-Feb-26", "24-Feb-26", "25-Feb-26", "26-Feb-26", "27-Feb-26", "02-Mar-26", "03-Mar-26", "04-Mar-26", "05-Mar-26", "06-Mar-26", "09-Mar-26", "10-Mar-26", "11-Mar-26", "12-Mar-26", "13-Mar-26" ], datasets: [{ label: 'Closing Rates', data: [ 279.77, 279.87, 279.82, 279.97, 280.07, 279.95, 279.97, 280.05, 280.21, 280.17, 280.27, 280.21, 280.22, 280.26, 280.37, 280.42, 280.26, 280.22, 280.16, 280.56, 280.47, 280.57, 280.73, 280.78, 280.56, 280.47, 280.60, 280.57, 280.46, 280.62, 280.72, 280.87, 280.77, 280.97, 281.07, 280.97, 281.07, 281.02, 280.97, 281.06, 281.22, 281.37, 281.47, 281.52, 281.71, 281.57, 281.67, 281.72, 281.61, 281.66, 281.77, 281.92, 281.97, 282.06, 281.97, 282.06, 282.17, 282.07, 282.02, 281.97, 282.12, 282.22, 282.17, 282.21, 282.47, 282.67, 282.96, 283.17, 283.41, 283.55, 283.64, 283.70, 283.87, 283.77, 283.72, 283.67, 283.72, 283.76, 283.95, 283.86, 283.97, 284.22, 284.36, 284.47, 284.56, 284.46, 284.72, 284.67, 284.96, 284.97, 284.87, 284.95, 284.97, 284.76, 284.22, 283.45, 283.21, 283.05, 282.95, 282.87, 282.72, 282.66, 282.57, 282.67, 282.56, 282.47, 282.45, 282.42, 282.22, 282.06, 282.01, 281.96, 281.95, 281.92, 281.90, 281.87, 281.86, 281.83, 281.8, 281.77, 281.75, 281.72, 281.71, 281.67, 281.65, 281.62, 281.61, 281.60, 281.56, 281.55, 281.52, 281.51, 281.50, 281.47, 281.46, 281.45, 281.46, 281.42, 281.43, 281.41, 281.37, 281.35, 281.32, 281.31, 281.27, 281.26, 281.25, 281.22, 281.21, 281.20, 281.17, 281.16, 281.15, 281.12, 281.11, 281.10, 281.07, 281.06, 281.05, 281.03, 281.02, 281.01, 280.97, 280.96, 280.92, 280.91, 280.90, 280.87, 280.86, 280.85, 280.82, 280.81, 280.78, 280.77, 280.76, 280.72, 280.71, 280.67, 280.66, 280.66, 280.65, 280.62, 280.61, 280.57, 280.56, 280.55, 280.52, 280.51, 280.47, 280.46, 280.45, 280.42, 280.41, 280.40, 280.37, 280.36, 280.32, 280.31, 280.30, 280.27, 280.26, 280.25, 280.22, 280.21, 280.20, 280.17, 280.16, 280.15, 280.12, 280.11, 280.10, 280.07, 280.06, 280.05, 280.02, 280.01, 280.0, 279.97, 279.96, 279.95, 279.92, 279.91, 279.90, 279.87, 279.86, 279.85, 279.82, 279.81, 279.80, 279.77, 279.76, 279.75, 279.72, 279.71, 279.70, 279.67, 279.66, 279.65, 279.62, 279.61, 279.60, 279.57, 279.56, 279.55, 279.52, 279.51, 279.50, 279.47, 279.46, 279.45, 279.42, 279.41, 279.40, 279.37, 279.36, 279.35, 279.32, 279.31 ], borderColor: 'black', borderWidth: 1, fill: false, pointRadius: 3 }] }, options: { responsive: true, plugins: { legend: { display: false } }, scales: { x: { title: { display: true, text: 'Date' } }, y: { title: { display: true, text: 'Closing Rate' } } } } }); The Pakistani rupee registered marginal gain against the US dollar in the inter-bank market on Friday. At close, the local currency settled at 279.31, a gain of Re0.01 against the greenback. On Thursday, the local unit closed at 279.32. Globally, the dollar held gains on Friday and was set for its second weekly gain since the beginning of the war in Iran as turmoil in markets left it the last safe-haven standing. The euro traded near its weakest since November, while the yen was at levels that put traders on guard for possible intervention by authorities in Japan. The dollar index, which measures the greenback against a basket of currencies, reached the highest level since November, thanks in part to its safe-haven appeal, but also because the United States is a net energy exporter. The index fell 0.04% to 99.63 in early trading in Asia, poised for a 0.8% gain this week. The euro was up 0.13% at $1.1525. The yen strengthened 0.17% to 159.08 per dollar after touching 159.43 on Thursday, the weakest since January 14. Sterling was up 0.11% to $1.3356. Furthermore, oil prices headed for weekly gains as of Friday, despite the US trying to ease supply concerns by issuing a 30-day license for countries to buy Russian oil and petroleum products stranded at sea. Brent futures for May rose 10 cents, or 0.1%, to $100.56 a barrel by 0400 GMT, heading for about a 9% weekly increase. US West Texas Intermediate (WTI) crude for April was down 16 cents, or 0.2%, at $95.57 a barrel, though also poised for a 7% uptick for the week. Inter-bank market rates for dollar on Friday BID Rs 279.31 OFFER Rs 279.51 Open-market movement In the open market, the PKR lost 2 paise for buying and gained 1 paisa for selling against USD, closing at 279.53 and 280.36, respectively. Against Euro, the PKR gained 1.08 rupee for buying and 1.27 rupee for selling, closing at 320.69 and 324.34, respectively. Against UAE Dirham, the PKR lost 2 paise for buying and gained 4 paise for selling, closing at 75.79 and 76.74, respectively. Against Saudi Riyal, the PKR lost 5 paise for buying and gained 9 paise for selling, closing at 73.92 and 74.83, respectively. Open-market rates for dollar on Friday BID Rs 279.53 OFFER Rs 280.36 [...]

India bonds pressured by oil surge; RBI likely shielding 10-yr bond as Iran war set to enter third week
March 13, 2026 12:38
India bonds pressured by oil surge; RBI likely shielding 10-yr bond as Iran war set to enter third week

MUMBAI: Indian government bonds came under heavy selling pressure this week as oil prices soared, though the benchmark 10-year bond showed resilience, supported by likely robust purchases by the central bank. The benchmark 6.48% 2035 bond yield ended at 6.6798%, after closing at 6.6666% on Thursday. The yield had ended at 6.6898% on March 6 and 6.6601% on February 27, before the Middle East war broke out. Bond yields move inversely to prices. Oil prices continued their upward move on Friday, with the benchmark Brent crude contract up 10% so far this week at $100.30 per barrel, after sky-rocketing 28% last week. Risk aversion deepened as Iran, Israel and the U.S. vowed to fight on, even as the Middle East war is set to enter its third week. India is the third largest importer of crude oil and elevated prices have stoked inflation concerns, pulling down most bonds barring the 10-year benchmark that continues to hover near levels seen before the start of the war. Indian rupee hits record low as oil risks, offshore dollar bids mount An investor group comprising the Reserve Bank of India and other long-term investors net purchased bonds worth 110 billion rupees ($1.19 billion) in the secondary market this week, while the central bank bought 1 trillion rupees of notes in open market operations. Crude prices have jumped above $85/bbl and the rupee has weakened but the 10-year bond yield has not broken the 6.72% mark, indicating the RBI may be anchoring yields, Sandeep Yadav, head of fixed income at DSP Mutual Fund, said. Rates Overnight index swap rates witnessed a major reaction to oil prices, with paying seen across the curve this week. The one-year OIS ended at 5.8350%, while the two-year rate ended at 6.04%, up by 23 and 26 bps. The five-year rate climbed 17 bps to 6.39%. Analysts, however, say that OIS rates may be overstating the likely impact of the Iran war on domestic monetary policy. [...]

Sri Lankan shares close lower in worst week this year
March 13, 2026 12:16
Sri Lankan shares close lower in worst week this year

Sri Lankan shares closed lower on Friday in the market’s worst weekly performance this year as investors worldwide grappled with uncertainty over the war in the Middle East. The CSE All-Share index closed 1.34% lower at 21,692.55 points. CSE down 4.5% for the week, sees worst weekly performance since week ended Dec 5, 2025 Palm Garden Hotels and Hunter & Company were the top percentage losers on the index, down 15.74% and 9.57%, respectively, on the day. Trading volume on the index rose to 149.6 million shares from 139.7 million shares in the previous session. The equity market’s turnover rose to 5.27 billion Sri Lankan rupees ($16.94 million) from 4.12 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 61.4 million rupees, while domestic investors were net buyers, purchasing shares worth 5.24 billion rupees, the data showed. [...]

Gold price per tola drops by Rs7,100 in Pakistan
March 13, 2026 12:11
Gold price per tola drops by Rs7,100 in Pakistan

Gold prices in Pakistan decreased on Friday in line with their loss in the international market. In the local market, gold price per tola reached Rs533,262 after a decline of Rs7,100 during the day. Similarly, 10-gram gold was sold at Rs457,186 after it fell by Rs6,087, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs540,362 after a decline of Rs2,900 during the day. The international rate of gold declined by $71 to reach $5,105 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs324 to reach Rs8,851 per tola. [...]

Oil prices decline as Indian tanker sails out of Strait of Hormuz
March 13, 2026 11:59
Oil prices decline as Indian tanker sails out of Strait of Hormuz

LONDON: Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the U.S. put forth measures to try and ease supply concerns, but were on track for weekly gains as Gulf disruptions from the Middle East conflict broadly persisted. Brent futures for May declined 63 cents, or 0.6%, to $99.83 a barrel at 1124 GMT, heading for a weekly increase of 8%. U.S. West Texas Intermediate (WTI) crude for April declined $1.29, or 1.4%, at $94.44 a barrel, set for a 4% uptick for the week. An India-flagged oil tanker moved out from the east of the Strait of Hormuz carrying gasoline bound for Africa, an Indian government official said on Friday. “Some oil is coming through the strait, but it does not mean it will reopen,” said Tamas Varga, an oil analyst at brokerage PVM. “This dip should be viewed as short-lived.” The U.S. issued a 30-day license for countries to buy Russian oil and petroleum products stranded at sea. Treasury Secretary Scott Bessent said it was a step to stabilise global energy markets roiled by the U.S.-Israeli war on Iran. This will affect 100 million barrels of Russian crude, equal to almost a day’s worth of global output, according to Russia’s presidential envoy Kirill Dmitriev. “Russian oil was already going to buyers; this is not bringing additional barrels to the market but it does reduce some friction,” said Bjarne Schieldrop, chief commodities analyst at SEB. “The market is starting to get very concerned that this (war) is going to last longer. The big fear is that we have severe damage to oil infrastructure, which would be a lasting loss of supply.” The announcement on Russian oil came a day after the U.S. Energy Department said Washington would release 172 million barrels of oil from its Strategic Petroleum Reserve to help curb skyrocketing oil prices. That plan was coordinated with the International Energy Agency, which has agreed to release a record 400 million barrels of oil from strategic stockpiles, including the U.S. contribution. Fleeting relief sparked by the IEA release, however, was shattered by a re-escalation of Middle East risks, IG analyst Tony Sycamore said in a note. Iran’s new Supreme Leader Ayatollah Mojtaba Khamenei said Iran would fight on, and keep the Strait of Hormuz shut as leverage against the United States and Israel. Two fuel tankers in Iraqi waters were struck by explosives-laden Iranian boats, Iraqi security officials said on Thursday. An Iraqi official told state media the country’s oil ports have completely stopped operations. U.S. President Donald Trump said on Thursday the United States stood to make significant money from oil prices, driven higher by the war with Iran. But stopping Iran from getting nuclear weapons was far more important, he said. Both benchmark prices surged more than 9% on Thursday and hit their highest levels since August 2022. Goldman Sachs ​predicted on Friday that Brent oil would average more than $100 a barrel ‌in March and $85 in April, as energy prices remain volatile due to the Iran war, damage ​to Middle East energy infrastructure and disruptions in ​the Strait of Hormuz. Brent is better supported than WTI because Europe is more susceptible to energy security issues, while the U.S. is able to stave off its exposure due to its domestic output, said Emril Jamil, senior analyst at LSEG. In another sign the disruptions may drag on, sources told Reuters that Iran had deployed about a dozen mines in ​the strait, a move that is likely to complicate the reopening of the critical waterway. Meanwhile, U.S. Treasury Secretary Scott Bessent told Sky News in an interview that the U.S. Navy, perhaps with an international coalition, would escort vessels through the Strait of Hormuz when it is militarily possible. [...]

Aluminium falls as dollar firms; Mideast war underpins weekly gain
March 13, 2026 11:46
Aluminium falls as dollar firms; Mideast war underpins weekly gain

Aluminium fell on Friday, snapping a three-day run of gains, as the dollar strengthened on fading prospects for more U.S. rate cuts, although shipping disruption in the war-hit Middle East kept the metal on course for a weekly rise. Benchmark three-month aluminium on the London Metal Exchange was down 1.7% at $3,458 per metric ton as of 1030 GMT. It was still set to end the week up 0.3% after hitting a nearly four-year high on Thursday, having notched a 10% leap last week. “The biggest moving part there is the dollar,” said Panmure Liberum analyst Tom Price. The greenback rose to a more than three-month high on Friday as the turmoil in markets left it the last safe-haven standing. A stronger dollar makes dollar-denominated metals more expensive for holders of other currencies. “But the brand new fundamental driver … hasn’t changed,” Price added, noting how Gulf aluminium producers were grappling with spiking energy prices and struggling to get hold of raw materials. “Even if they did, they can’t ship it out. It’s a nightmare. So basically about 2 to 3 million tons of capacity is at risk. There’s no short-term solution to that,” Price said. The world produced 73.8 million tons of primary aluminium last year. LME aluminium stocks slipped to 445,300 tons, the lowest since July. The spread between the cash LME aluminium contract and the three-month forward was last in a $29 a ton backwardation, pointing to a shortage of available metal. In China, however, Shanghai aluminium stocks rose 5.6% from last week to 416,425 tons, the most since April 2020, while Norsk Hydro said on Thursday its Qatalum aluminium smelter would keep operating at 60% after announcing a shutdown last week. The dollar dragged the LME complex down, with copper sliding 1% to $12,871 a ton and heading for a 3.6% weekly dip. Zinc lost 0.4% to $3,286.50, nickel fell 1.6% to $17,445, tin dropped 3.1% to $47,860 and lead was down 0.6% at $1,929, hitting its lowest since May 2025. [...]

Palm oil posts over 4% weekly gain on higher crude oil prices
March 13, 2026 11:12
Palm oil posts over 4% weekly gain on higher crude oil prices

JAKARTA: Malaysian palm oil futures rose on Friday and logged a second consecutive week of gains, as a surge in crude oil prices amid the Middle East conflict boosted demand for biodiesel feedstock. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was up 23 ringgit, or 0.51%, at 4,564 ringgit ($1,159.26) a metric ton by the close, and rose 4.51% for the week. The weekly advance was underpinned by a more than 9% surge on Monday, the biggest daily jump in three years. Dalian’s most-active soyoil contract advanced 0.53%, while its palm oil contract rose 0.62%. Soyoil on the Chicago Board of Trade lost 0.55%. Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market. Oil prices extended their climb on Friday and were on track for weekly gains as disruptions in the Gulf from the Middle East war outweighed U.S. and International Energy Agency measures to ease supply concerns. Meanwhile, APROBI, Indonesia’s biofuel producers association, expects a road test for 50% palm-based biodiesel blending, or B50, to be concluded no earlier than the energy ministry’s previous target of June or July. Indonesia’s crude palm oil output reached 51.66 million metric tons in 2025, up 7.3% compared to the previous year, palm oil association GAPKI said. India’s palm oil imports jumped 11% to a six-month high in February, as a wider discount versus rival oils prompted refiners to boost purchases and curb importsof sunflower oil. Malaysia has raised its April crude palm oil reference price, a change that lifts the export duty to 9.5%, a circular on the Malaysian Palm Oil Board website showed. [...]

Indian rupee hits record low as oil risks, offshore dollar bids mount
March 13, 2026 10:53
Indian rupee hits record low as oil risks, offshore dollar bids mount

MUMBAI: The Indian rupee fell to a record low on Friday on concerns that the Iran war-induced surge in oil prices could disrupt the South Asian nation’s growth-inflation dynamics and dent capital flows, with traders also pointing to elevated offshore dollar bids. The Indian rupee weakened to 92.4750 per dollar, eclipsing its previous all-time low of 92.3575 hit on Thursday. It closed at 92.4550, down 0.7% on the week. Likely intervention helped limit the currency’s losses, traders said. Investors are bracing for a prolonged conflict as the Middle East war nears the two-week mark, keeping energy prices elevated. The conflict has also prompted foreign investors to sell Indian equities worth nearly $5 billion so far this month. India’s benchmark equity index Nifty 50 has slipped into correction territory since the U.S. and Israel launched strikes on Iran on February 28. The index fell 2% on Friday. A prolonged Middle East conflict could significantly worsen the Indian rupee’s outlook, analysts said, warning that persistently high energy prices may push the currency beyond 95 per dollar. Separately, India intends to hold off on signing a trade deal with the United States for several months, taking a wait-and-watch approach as U.S. tariff policies evolve, Reuters reported on Friday. Offshore pressure Traders have also flagged growing pressure on the Indian rupee from the non-deliverable forwards market, which was reflected in a persistent arbitrage between offshore and local markets on Friday. A near-tenor dollar-Indian rupee volatility skew rose this week to its highest level since November 2022, signalling heightened appetite to wager against the rupee. “Risk of sharp widening in (India’s) current account deficit amid already-weak capital inflows is a concern this time,” economists at Standard Chartered said in a note. “We think INR has to be the shock absorber to limit the impact on the economy,” they added. [...]

India’s JSW Steel secures coking coal mining project in Mozambique: statement
March 14, 2026 6:01
India’s JSW Steel secures coking coal mining project in Mozambique: statement

JSW Steel, India’s largest steelmaker by capacity, has secured a coking coal mining project in Mozambique, the company said in a statement late Friday, to ensure long-term supply of the key input for steel production. The Mozambique project has 850 million metric tons of coking coal reserves and the mine will be developed in phases, as per the company statement. Coal India eyes rare earth pacts in Australia, Russia and Africa, unit exec says “The first phase expected to be developed over the next two and a half years to produce 2.4 million tons per annum prime hard coking coal,” the company said. [...]

Fuel prices unchanged for week despite global oil spike
March 14, 2026 5:34
Fuel prices unchanged for week despite global oil spike

The federal government on Saturday announced that prices of petroleum products will remain unchanged for the next week, starting March 14, 2026, according to a press release issued by the Ministry of Energy (Petroleum Division). As per the notification, the price of High Speed Diesel (HSD) has been maintained at Rs335.86 per litre, while Motor Spirit (petrol) will continue to be sold at Rs321.17 per litre. The announcement comes after Prime Minister Shehbaz Sharif on Friday announced that the government will maintain the current prices for petroleum products, despite rising international oil prices, in line with his pledge to shield ordinary citizens from additional financial burdens. According to a statement issued by the Prime Minister’s Office, Prime Minister Sharif said the decision was taken to provide relief to citizens amid challenging economic conditions. “As promised, we are striving to deliver as much relief as possible to the people during these difficult times,” he stated. The prime minister cited regional tensions and pressures on the global economy as factors that could significantly impact Pakistan’s economic stability. He emphasised that timely policy-making, government austerity measures, and fiscal discipline were key tools in mitigating these effects. He highlighted that federal and provincial governments were jointly implementing the austerity measures, a collaboration he described as “encouraging.” Last week, the government announced a hike of Rs55 per litre in the prices of petrol and diesel in line with increasing international oil prices. The petrol price jumped to Rs321.17 per litre, and the diesel price soared to Rs335.86 per litre. The international oil prices have increased with the escalating crisis in the Middle East after the United States and Israel launched strikes on Iran, killing its Supreme Leader, Ayatollah Ali Khamenei. [...]

Dubai’s low-paid workers on edge as Mideast war hits tourism
March 13, 2026 11:55
Dubai’s low-paid workers on edge as Mideast war hits tourism

For thousands of workers in Dubai’s tourism sector, the Middle East war has brought business to a standstill — leaving their income suddenly at risk. At the famous Jumeirah Beach Residence (JBR), normally heaving with visitors, rows of sun loungers now face an almost empty sea. Restaurant terraces sit deserted, while souvenir, watersports and perfume vendors watch for the rare passerby. Across the water, Ain Dubai — the world’s tallest Ferris wheel — has stopped turning, and the Madame Tussauds wax museum below is drawing few visitors despite hefty discounts. “Yesterday: zero. Today: zero. Not a single customer,” said Dulash, 26, a Sri Lankan worker at a jet-ski rental company. “I’ve never seen Dubai like this.” With its artificial islands and soaring skyscrapers, the UAE’s second city has become a major Middle Eastern tourism hub, welcoming nearly 19.6 million visitors last year. But in the middle of peak season, before the summer heat sets in, the barrage of Iranian missiles and drones since February 28 has sent tourists fleeing. Starved of income, the industry is hoping for a quick end to the war, triggered by US-Israeli strikes on Iran. But many workers, speaking to AFP on condition of anonymity, said they were already struggling. Paid 4,500 dirhams ($1,225) a month, Dulash did not receive his salary on time. “I borrowed 1,000 dirhams from a friend, paid my 800-dirham rent and now I have 200 dirhams left to live on,” he said. He had no idea when his employer would catch up. “Even going back home isn’t an option,” he added. Airfares had tripled because of reduced flight traffic. “We have no choice but to wait and hope.” The World Travel and Tourism Council (WTTC) estimated this week that the war is costing the Middle East $600 million a day. In the UAE, the sector made up nearly 13 percent of GDP in 2025 and supported about 925,000 jobs, mostly expats. Many workers come from Asian countries or elsewhere in the Middle East, drawn by hopes of safety and economic stability. “I’m from Syria, I’ve lived through war so missiles and drones don’t scare me,” said a young perfume seller. “But I’m paid only on commission, and the idea of no longer being able to afford to stay here — that, yes, that scares me.” Kalhan, also from Sri Lanka, earns a small percentage on each sale, topping up a fixed salary of barely 3,000 dirhams — an amount he will have to survive on this month. “I came to Dubai for better living conditions, but now I don’t know what comes next,” he said. As the Eid al-Fitr holiday approaches, hundreds of Dubai’s luxury hotels are slashing rates in a bid to attract at least local residents and their families. Offers are piling up on the man-made Palm Jumeirah island, where one hotel was hit by drone debris early in the conflict. Another property was damaged on Thursday in Dubai’s Creek Harbour. Industry professionals also fear lasting damage to the country’s image as a haven of peace and security in a volatile region. Nabil Haryouli, owner of a Dubai-based travel agency, said there would “certainly be an impact for a few months”, but he believed visitors would eventually return. “What matters most is the return of stability,” said the Frenchman, recalling the city’s resilience after the 2008 financial crisis and the Covid pandemic. “If there’s one city that has shown us it can bounce back, it’s Dubai.” [...]

Tax rationalisation body formed to facilitate businesses
March 13, 2026 11:55
Tax rationalisation body formed to facilitate businesses

FAISALABAD: The Divisional Administration of Faisalabad has established a Tax Rationalisation Committee to facilitate ease of doing business and strengthen coordination between the government and the business community. According to an official notification issued in this regard, the primary objective of the committee is to review the taxation structure of the provincial and local governments. According to the notification issued in this regard, Commissioner Faisalabad will be the convener of the committee. Additional Commissioner Coordination has been appointed as the secretary/member of the committee. Other members of the committee included the Director of Excise and Taxation, the Commissioner of the Punjab Revenue Authority, President of the Faisalabad Chamber of Commerce and Industry Farooq Yousaf Sheikh, Chairman of APTPMA Bao Malik Muhammad Akram, former Chairman of APBUMA Arif Ehsan Malik, Zonal Chairman of PHMA Ahmed Afzal Awan, and former Senior Vice President of the FCCI Talat Mahmood. Copyright Business Recorder, 2026 [...]

PSQCA Board approves various significant reforms
March 13, 2026 11:55
PSQCA Board approves various significant reforms

ISLAMABAD: The 33rd meeting of the Board of Directors of the Pakistan Standards & Quality Control Authority (PSQCA) was held here on Friday with Federal Minister for Science and Technology, Khalid Hussain Magsi in the chair. The meeting was attended by Federal Secretary, Ministry of Science and Technology, Shahid Iqbal Baloch; Director General PSQCA, Dr Sayeda Zia Batool; Director Trade Policy, Attaullah Khan, along with other senior officials of the Authority. The Board approved a number of significant reforms aimed at strengthening institutional capacity and improving employee welfare. Key decisions included sanctioning initiatives to modernise PSQCA’s digital infrastructure, aligning the Authority with international best practices and supporting the national “Digital Pakistan” vision. The forum also approved expanded health insurance and welfare benefits for all PSQCA employees, reflecting the Authority’s commitment to staff wellbeing and social security. Addressing the participants, the federal minister asked the concerned officials to ensure the swift, transparent, and effective implementation of all approved measures. He emphasised that these reforms are fully aligned with the vision of the Prime Minister of Pakistan, Shehbaz Sharif, which focuses on strengthening governance, improving national standards, enhancing transparency in regulatory institutions, and promoting a modern and competitive economic environment. The federal minister further reiterated the government’s commitment to strengthening the national quality infrastructure, improving regulatory oversight, and facilitating ease of doing business for local industry while ensuring consumer safety and protection. Copyright Business Recorder, 2026 [...]

Jazz invests Rs58.67bn in 2025
March 13, 2026 11:55
Jazz invests Rs58.67bn in 2025

ISLAMABAD: Jazz invested Rs 58.676 billion during fiscal year 2025 to expand network capacity, strengthen digital platforms, and accelerate its transition into a leading integrated digital service company, JazzWorld, spanning connectivity, fintech, entertainment, insurance, and digital platforms. The Investment focused on enhancing connectivity, scaling digital services, and embedding artificial intelligence across customer journeys and operations, in line with the company’s AI1440 (Augmented Intelligence) strategy to serve over 100 million customers in Pakistan. Jazz closed the year with strong financial momentum. Total revenue in 4Q25 increased 24.5 percent year-on-year (YoY), while FY25 revenue grew 18.6 percent YoY, supported by wider adoption of bundled offers and the growing contribution of digital platforms. Revenue from telecom and infrastructure services rose 17.7 percent YoY, supported by a 3.3 percent increase in total mobile subscribers and a 21.3 percent rise In ARPU. The growth reflects effective re-pricing, stronger prepaid monetization alongside continued uptake of bundled connectivity and digital services. Moreover, Jazz’s network quality and integrated service offerings further strengthened customer engagement. Digital businesses continued to scale rapidly, with digital revenue growing 43.7percent YoY in 4Q25 and increasing its contribution to total revenue to 30.2%, up from 26.1precent in 4Q24. JazzCash maintained its leadership in digital financial services with over 58 million customers, while Gross Transaction Value crossed PKR 15 trillion in 2025. With more than one million merchants and agents, the platform processed a significant share of Raast payment value, issuing over 185,000 loans on average daily and achieving its highest-ever single-day customers milestone during the quarter, disbursing PKR 1.4 billion across approximately 266,000 loans. Mobilink Microfinance Bank maintained strong momentum in Q4 2025, further cementing its position as Pakistan’s largest microfinance bank while expanding inclusive financial services, including the rollout of Islamic banking products for the underbanked segment. During 4Q25, EBITDA increased 50.6percent YoY, with the margin improving to 45.7percent, up 7.9 percentage points YoY. For FY25, EBITDA grew 23.2percent YoY, supported by revenue growth, Deodar transaction-related efficiencies, and continued financial discipline. Capital expenditure totaled PKR 20.8 billion in 4Q25, with quarterly capex intensity at 16.9percent. In the recently concluded spectrum auction, Jazz acquired 190 MHz of spectrum for USD 239.5 million, further strengthening its network capacity and supporting the future rollout of next-generation connectivity services. “Our performance reflects the momentum behind our transition into Pakistan’s leading integrated digital ServiceCo, JazzWorld. Guided by our AI1440 strategy, we are embedding digital capabilities and artificial intelligence across our platforms to create smarter and more inclusive digital experiences for over 100 million customers. Our continued investments in network infrastructure, including the additional spectrum secured in the recent auction and our planned USD1 billion investment over the next three years will strengthen connectivity at scale and prepare our network for the phased introduction of 5G. This will help connect millions of more Pakistanis to the opportunities of the digital economy and enable a better life for all through technology,” said Aamir Ibrahim, CEO of JazzWorld. During the quarter, Jazz’s total subscriber base reached 73.9 million, while its 4G user base surpassed 55.5 million, up 9.8 percent YoY, with 4G penetration rising to 75.2percent. Multiplay customers – those using connectivity alongside digital services – grew 12percent YoY and now represent 38percent of the user base, generating roughly 3.3 times the ARPU of voice-only users. Jazz’s digital platforms also recorded strong engagement. Tamasha reached 17.5 million monthly active users, SIMOSA reached 24.1 million monthly active users, FikrFree surpassed 11.2 million policyholders, while ROX reached 1.5 million monthly active users. Copyright Business Recorder, 2026 [...]

Economic team warns of oil shock: With Iran war exit elusive, Trump aides vie to affect outcome
March 13, 2026 11:55
Economic team warns of oil shock: With Iran war exit elusive, Trump aides vie to affect outcome

WASHINGTON: A complex tug-of-war inside the White House is driving US President Donald Trump’s shifting public statements on the course of the Iran war, as aides debate when and how to declare victory even as the conflict spreads across the Middle East. Some officials and advisers are warning Trump that surging gasoline prices could exact a political cost from the US-Israeli attacks on Iran, while some hawks are pressing the president to maintain the offensive against the Islamic Republic, according to interviews with a Trump adviser and others close to the deliberations. Their observations to Reuters offer a previously unreported glimpse inside White House decision-making as it adjusts its approach to the biggest US military operation since the 2003 Iraq war. The behind-the-scenes manoeuvring underscores the high stakes Trump, who returned to office last year promising to avoid “stupid” military interventions, faces nearly two weeks after plunging the nation into a war that has rattled global financial markets and disrupted the international oil trade. The jockeying for Trump’s ear is a feature of his presidency, but this time the consequences are a matter of war and peace in one of the world’s most volatile and economically critical regions. Shifting from the sweeping goals he framed in launching the war on February 28, Trump in recent days has emphasized that he views the conflict as a limited campaign whose objectives have mostly been met. But the message remains unclear to many, including the energy markets, which have lurched in both directions in response to Trump’s statements. He told a campaign-style rally in Kentucky on Wednesday that “we won” the war, then abruptly pivoted: “We don’t want to leave early, do we? We’ve got to finish the job.” Economic advisers and officials, including from the Treasury Department and the National Economic Council, have warned Trump that an oil shock and rising gasoline prices could quickly erode domestic support for the war, said the adviser and two others close to the deliberations, speaking on the condition of anonymity to disclose internal discussions. Political advisers, including Chief of Staff Susie Wiles and deputy chief James Blair, are making similar arguments, focusing on the political fallout from higher gas prices and urging Trump to define victory narrowly and signal the operation is limited and nearly finished, the sources said. Pushing in the other direction are hawkish voices urging Trump to sustain military pressure on Iran, including Republican lawmakers such as US Senators Lindsey Graham and Tom Cotton, and media commentators such as Mark Levin, according to people familiar with the matter. They argue the US must prevent Iran from obtaining a nuclear weapon and respond forcefully to attacks on American troops and shipping. A third force comes from Trump’s populist base and figures such as strategist Steve Bannon and right-wing television personality Tucker Carlson, who have been pressing him and his top aides to avoid getting dragged into another prolonged Middle East conflict. “He is allowing the hawks to believe the campaign continues, wants markets to believe the war might end soon and his base to believe escalation will be limited,” the Trump adviser said. Asked for comment, White House press secretary Karoline Leavitt said in a statement: “This story is based on gossip and speculation from anonymous sources who aren’t even in the room for any discussions with President Trump. “The President is known for being a good listener and seeking the opinions of many people, but ultimately everyone knows he’s the final decision maker and his own best messenger,” she said. “The President’s entire team is focused on ensuring the objectives of Operation Epic Fury are fully achieved.” Other people named for their roles in the deliberations did not immediately respond to Reuters’ questions. In taking America to war, Trump offered little explanation, and the administration’s stated war aims have ranged from thwarting an imminent attack by Iran to crippling its nuclear program to replacing its government. As he seeks an exit from an unpopular conflict, Trump is trying to juggle competing narratives that some critics say have complicated an already difficult situation, with Iran defiant despite the devastating US-Israeli air assault. Top political aides and economic advisers, whose warnings before the war of the potential economic shock were largely ignored, appear to have played a major role in pushing Trump’s efforts this week to reassure skittish markets and contain rising oil and gas prices. His public shift to downplaying the war’s impact, describing it as a “short-term excursion,” and his insistence that gas price hikes would be short-lived appeared aimed at calming fears of an open-ended conflict. Some top aides have advised him to work toward a conclusion to the conflict that he can call a triumph, at least militarily, the sources said, even if much of the Iranian leadership survives, along with remnants of a nuclear program that the campaign was meant to target. Wave after wave of US and Israeli air strikes have killed a number of top Iranian leaders among some 2,000 people overall - some as far away as Lebanon - devastated its ballistic missile arsenal, sunk much of its navy and degraded its ability to support armed proxies around the Middle East. But the military achievements have been seriously undercut by Iran’s stepped-up attacks on oil tankers and transport facilities in the Gulf, driving up oil prices. Trump has said he will decide when to end the campaign. He and his aides say they are far ahead of the four- to six-week timeframe Trump initially announced. The shifting reasons for launching the conflict, which has spilled over into more than half a dozen other countries, have only made it more difficult to predict what comes next. For their part, Iran’s rulers will claim victory, analysts say, for simply surviving the US-Israeli onslaught, especially after demonstrating their ability to fight back and inflict damage on Israel, the US and its allies. [...]

Retirement income security: SECP approves new annuity products
March 13, 2026 11:55
Retirement income security: SECP approves new annuity products

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved several new annuity products to strengthen retirement income security and support the development of Pakistan’s annuity market. The approved products include life-contingent annuities, deferred annuities, annuities with guaranteed payments, and hybrid annuity structures combining guaranteed and lifetime income benefits. These products will help retirees convert their accumulated savings into a regular and predictable income stream after retirement, reducing financial uncertainty in later years. The decision follows consultations with stakeholders in the insurance sector and addresses a key gap in Pakistan’s retirement framework. Traditionally, retirement savings products in the country have focused mainly on the accumulation of savings during a person’s working life, while limited options have been available to convert those savings into steady post-retirement income. This gap has increased financial risks for retirees, particularly in the context of rising life expectancy and persistent inflation. The newly approved annuity products are designed to provide flexible retirement income options. Life-contingent annuities provide payments for the lifetime of the annuitant, while deferred annuities begin payments after a specified deferment period. Annuities with guaranteed payments ensure regular income for a fixed period, and hybrid annuity structures combine guaranteed payments with lifetime income benefits. The products will be offered by conventional life insurance companies as well as Window Takaful and full-fledged Takaful operators, ensuring availability in both conventional and Shariah-compliant segments. Additional insurers are expected to introduce similar products in the coming months. The initiative is also aligned with the government’s broader policy direction of shifting from defined-benefit pension systems to defined-contribution pension schemes, where annuities play a key role in converting retirement savings into stable and predictable income streams. Copyright Business Recorder, 2026 [...]

US eases Russia oil sanctions
March 13, 2026 11:55
US eases Russia oil sanctions

ANDOYA, NORWAY/ MOSCOW: The United States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea, drawing criticism from Germany and other European allies on Friday but approval from Moscow. US Treasury Secretary Scott Bessent said the waiver was a bid to stabilise global energy markets roiled by the Iran war, but it risks complicating Western efforts to deprive Russia of revenue for the war in Ukraine. Oil prices eased on Friday morning in Asia after the US waiver announcement, which, according to Russia’s presidential envoy Kirill Dmitriev, would affect 100 million barrels of Russian crude, equal to almost a day’s worth of global output. German Chancellor Friedrich Merz said any move to ease Russia sanctions was wrong, while his Economy Minister Katherina Reiche said the decision was probably driven by US domestic pressure. “Six members of the G7 expressed a very clear opinion that this was not the right signal. We then learned this morning that the American government has apparently decided otherwise,” Merz told a press conference in Norway. “Again, we believe this is wrong. There is currently a price problem but not a quantity problem. And therefore, I would like to know what other motives led the American government to make this decision,” he said. Norway’s Prime Minister Jonas Gahr Stoere also said that energy sanctions on Russia should not be eased, echoing comments earlier this week from French President Emmanuel Macron and European Commission President Ursula von der Leyen. Kremlin spokesman Dmitry Peskov told reporters on Friday the US move was aimed at stabilising world energy markets. “In this respect, our interests coincide,” Peskov said. “… the situation is fraught with the risk of a growing crisis in the global energy sector… without significant volumes of Russian oil, market stabilisation is impossible,” he added. According to data analytics firm Vortexa, around 7.3 million barrels of Russia-originated oil have been in floating storage, while 148.6 million barrels have been in vessels in transit. Up to 420,000 metric tons of diesel and gasoil are currently in floating storage and could be available for sales in the market, according to LSEG shiptracking data and trade sources. Washington’s move comes nearly two weeks after the US and Israel began their strikes on Iran in an aerial war that has paralyzed shipping through the vital Strait of Hormuz. The 32-nation International Energy Agency said on Thursday that the war in the Middle East was creating the biggest oil supply disruption in history. Vessel tracking service Kpler said on Friday the US waiver was unlikely to create meaningful new demand. “Most cargos already appear to be placed with Asian buyers, particularly India. Instead, the measure mainly allows Russian barrels already in transit to complete their voyage and discharge,” it said. The licence issued by Washington on Thursday authorises the delivery and sale of Russian crude oil and petroleum products loaded on vessels on or before March 12 and valid through midnight Washington time on April 11. The move reflects White House worries that the surge in global oil prices will hurt US businesses and consumers ahead of the November midterm elections, when Trump’s fellow Republicans hope to retain control of Congress. The sanctions relief took place after a call between Trump and Russian President Vladimir Putin on March 9 and a subsequent visit to the US by Dmitriev to discuss the current energy crisis with a US delegation that included Trump’s special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner. Following the announcement from the Treasury, Thailand’s Deputy Prime Minister Phipat Ratchakitprakarn said his country was ready to purchase Russian crude and was preparing for talks. Japan also said on Friday it would now consider whether to buy Russian crude. [...]

Crude futures turn positive on continued Hormuz closure
March 13, 2026 11:55
Crude futures turn positive on continued Hormuz closure

HOUSTON: Crude futures climbed higher on Friday as the Strait of Hormuz remained closed, but analysts were wary the weekend might bring surprise changes in the status of the war two weeks after it started. Brent futures for May were up USD1.59, or 1.58 percent, to USD102.05 a barrel at 11:35 a.m. CDT (1635 GMT), heading for a weekly increase. US West Texas Intermediate (WTI) crude for April gained USD1.15, or 1.2 percent, to USD96.88 a barrel, and was also set for an uptick on the week. “We’re getting hammered by the news,” said Phil Flynn, senior analyst for Price Futures Group. “We’re coming into another weekend where you could see this over by Monday. Then again, we could see the war still going on and the market will be testing highs on Sunday night.” The US issued a 30-day license for countries to buy Russian oil and petroleum products stranded at sea. Treasury Secretary Scott Bessent said it was a step to stabilise global energy markets roiled by the US-Israeli war on Iran. This will affect 100 million barrels of Russian crude, equal to almost a day’s worth of global output, according to Russia’s presidential envoy Kirill Dmitriev. “Russian oil was already going to buyers; this is not bringing additional barrels to the market but it does reduce some friction,” said Bjarne Schieldrop, chief commodities analyst at SEB. “The market is starting to get very concerned that this (war) is going to last longer. The big fear is that we have severe damage to oil infrastructure, which would be a lasting loss of supply.” The announcement on Russian oil came a day after the US Energy Department said Washington would release 172 million barrels of oil from its Strategic Petroleum Reserve to help curb skyrocketing oil prices. That plan was coordinated with the International Energy Agency, which has agreed to release a record 400 million barrels of oil from strategic stockpiles, including the US contribution. Fleeting relief sparked by the IEA release, however, was shattered by a re-escalation of Middle East risks, IG analyst Tony Sycamore said in a note. Iran’s new Supreme Leader Ayatollah Mojtaba Khamenei said Iran would fight on, and keep the Strait of Hormuz shut as leverage against the United States and Israel. Two fuel tankers in Iraqi waters were struck by explosives-laden Iranian boats, Iraqi security officials said on Thursday. An Iraqi official told state media the country’s oil ports have completely stopped operations. US President Donald Trump said on Thursday the United States stood to make significant money from oil prices, driven higher by the war with Iran. But stopping Iran from getting nuclear weapons was far more important, he said. Both benchmark prices surged more than 9 percent on Thursday and hit their highest levels since August 2022. Goldman Sachs predicted on Friday that Brent oil would average more than USD100 a barrel in March and $85 in April, as energy prices remain volatile due to the Iran war, damage to Middle East energy infrastructure and disruptions in the Strait of Hormuz. Brent is better supported than WTI because Europe is more susceptible to energy security issues, while the US is able to stave off its exposure due to its domestic output, said Emril Jamil, senior analyst at LSEG. In another sign the disruptions may drag on, sources told Reuters that Iran had deployed about a dozen mines in the strait, a move that is likely to complicate the reopening of the critical waterway. New Supreme Leader Mojtaba Khamenei said in a statement on Thursday Iran would continue to block the Strait of Hormuz and attack neighbouring nations that host US military bases. Treasury Secretary Bessent told Sky News in an interview that the US Navy, perhaps with an international coalition, would escort vessels through the Strait of Hormuz when it is militarily possible. [...]

New feeder service from Karachi Port to UAE launched
March 13, 2026 11:55
New feeder service from Karachi Port to UAE launched

KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced on Friday the launch of a new feeder shipping service from Karachi Port to the United Arab Emirates (UAE). Junaid Anwar Chaudhry said that Karachi Gateway Terminal (Private) Limited (KGTL), which is KPT’s major business partner, will be supported by a dedicated feeder service linking Karachi with the UAE ports of Fujairah and Khor Fakkan, strengthening maritime connectivity for Pakistan’s trading community amid evolving regional shipping dynamics. Junaid Chaudhry said the new service establishes a regular shipping link between Karachi and two of the region’s key transshipment hubs, enabling Pakistani importers and exporters to maintain reliable access to global container shipping networks. “The service will call at KGTL, part of AD Ports Group’s international operating arm, Noatum Ports. The first vessel of the service arrived at KGTL on the evening of 11 March, officially marking the start of regular operations,” the minister added. Junaid Chaudhry said the new feeder link supports supply chain continuity through KGTL and helps ensure Pakistan’s trade maintains dependable access to international markets. Cargo routed through Fujairah and Khor Fakkan will benefit from seamless connectivity to regional and international shipping networks, supported by the UAE’s advanced logistics infrastructure. Containers can be efficiently transferred via integrated road and rail corridors to major commercial hubs and logistics centres across the UAE. Talking on the new feeder service, Rear Admiral Shahid Ahmed (Retd), Chairman, Karachi Port Trust said, “The introduction of this feeder service further enhances Karachi Port’s connectivity with key regional hubs and supports Pakistan’s growing trade requirements and added “Strengthening maritime links with the UAE will help facilitate smoother cargo movement while providing greater flexibility for the country’s trading community as per the vision of Federal Minister for Maritime Affairs Muhammad Junaid Anwar Choudhry.” Khurram Aziz Khan, Chief Executive Officer of Karachi Gateway Terminal (Private) Limited (KGTL) said, “The commencement of this feeder service reflects KGTL’s continued commitment to strengthening Pakistan’s maritime connectivity and supporting the country’s trading community. By linking Karachi directly with major UAE transshipment hubs, this service provides importers and exporters with reliable access to global shipping networks while reinforcing the role of Karachi Gateway Terminal as a key gateway for international trade.” Federal Minister Junaid Chaudhry concluded saying Pakistan’s economy relies heavily on maritime trade, and strengthened connectivity with regional transshipment hubs provides additional resilience for exporters, importers and supply chains. Copyright Business Recorder, 2026 [...]

Petroleum dealers demand govt increase margins
March 13, 2026 11:55
Petroleum dealers demand govt increase margins

KARACHI: Pakistan Petroleum Dealers Association (PPDA) on Friday demanded of the government to increase the dealers’ margin to eight percent, warning that petrol pumps across the country will be shut down from March 27 if their demand is not accepted by March 26. Addressing a press conference at the Karachi Press Club, PPDA Chairman Abdul Sami Khan, Vice Chairman Tariq Hassan and other representatives said it has become impossible for dealers to continue operating petrol pumps under the existing margin due to rising operational costs. They said petroleum product prices have witnessed an extraordinary increase of Rs 55 last week and it has not only burdened the public but also created serious financial difficulties for petroleum dealers as now they have to pay more for the purchase or petroleum products. The association criticized the continuous increase in petroleum levy and product prices, calling it unjustified. The dealers claimed that the price of petroleum products has increased by about Rs55 per litre recently, of which Rs21 per litre was added as petroleum levy, questioning where the remaining amount had gone. They also accused oil marketing companies of imposing a quota system and capping supplies, alleging that dealers are not being provided petroleum products according to their demand. The association further alleged that some companies were involved in illegal hoarding of fuel. The representatives said the association has written letters to the President, Prime Minister, Chief of Army Staff and the Petroleum Minister, requesting an inquiry into the matter. They demanded that the investigation should include senior officials as well as representatives of the Pakistan Petroleum Dealers Association. Tariq Hasan said strict legal action should be taken against those found responsible, adding that if any petroleum dealer is also found involved in irregularities, action should be taken against them as well. He reiterated that the dealers’ margin should be increased to eight percent, arguing that the cost of investment and operations has risen significantly over the past few years. He said the association has been requesting the petroleum minister for the past two years to revise the margin, but no concrete steps have been taken. The dealers urged the government to immediately accept their demand, warning that if the petroleum ministry fails to increase the margin to eight percent by March 26, petrol pumps across Pakistan will be closed from March 27, 2026. Tariq Said as the Eid is scheduled next week, so the dealers have decided to go on strike by March 27, 2026. Copyright Business Recorder, 2026 [...]

Petroleum products: Current prices will be maintained despite global hike: PM
March 13, 2026 11:55
Petroleum products: Current prices will be maintained despite global hike: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced that the government will maintain the current prices for petroleum products, despite rising international oil prices, in line with his pledge to shield ordinary citizens from additional financial burdens. The announcement from the prime minister came hours ahead of the weekly review of petroleum product prices, which is now conducted weekly instead of the previous fortnightly schedule. According to a statement issued by the Prime Minister’s Office, Prime Minister Sharif said the decision was taken to provide relief to citizens amid challenging economic conditions. READ ALSO: Oil prices jump 7pc “As promised, we are striving to deliver as much relief as possible to the people during these difficult times,” he stated. The prime minister cited regional tensions and pressures on the global economy as factors that could significantly impact Pakistan’s economic stability. He emphasised that timely policy-making, government austerity measures, and fiscal discipline were key tools in mitigating these effects. “As a ‘servant of Pakistan’, I am determined to reduce the burden on the poor in these trying circumstances, starting with initiatives by both the government and the country’s elite,” he said. He highlighted that federal and provincial governments were jointly implementing the austerity measures, a collaboration he described as “encouraging.” Thanks to the efforts of Pakistan’s diplomatic and economic teams, he added, adequate supplies of crude oil are currently available to meet domestic demand. The prime minister also assured that authorities at both federal and provincial levels are ensuring no one is charged above the government-set prices for petroleum products. He expressed optimism that global conditions would stabilise and international fuel prices would ease. Copyright Business Recorder, 2026 [...]

PM Shehbaz decides against fuel price hike amid global market pressure, says PMO
March 13, 2026 6:25
PM Shehbaz decides against fuel price hike amid global market pressure, says PMO

Prime Minister Shehbaz Sharif on Friday decided not to increase petroleum product prices despite a rise in global oil prices, aiming to reduce the financial burden on the public, the Prime Minister’s Office (PMO) said in a statement. The development comes amid speculations that the government could increase the petroleum prices further tonight. “No price hike is being made in order to reduce the burden on the common man,” the prime minister was quoted as saying in the PMO statement. “The government will provide as much relief as possible to the people in these difficult circumstances.” Last week, the government announced a hike of Rs55 per litre in the prices of petrol and diesel in line with increasing international oil prices. The petrol price jumped to Rs321.17 per litre, and the diesel price soared to Rs335.86 per litre. The international oil prices have increased with the escalating crisis in the Middle East after the United States and Israel launched strikes on Iran, killing its Supreme Leader Ayatollah Ali Khamenei. Iran retaliated with strikes on Israel as well as US bases in Gulf countries, and announced it wouldn’t allow vessels to pass through the Strait of Hormuz. Oil prices dipped on Friday as an Indian tanker sailed out of the Strait of Hormuz and the US put forth measures to try and ease supply concerns, but were on track for weekly gains as Gulf disruptions from the Middle East conflict broadly persisted. Brent futures for May declined 63 cents, or 0.6%, to $99.83 a barrel at 1124 GMT, heading for a weekly increase of 8%. US West Texas Intermediate (WTI) crude for April declined $1.29, or 1.4%, at $94.44 a barrel, set for a 4% uptick for the week. [...]

Petroleum dealers give govt ultimatum to revise their margin to 8% by March 26
March 13, 2026 6:22
Petroleum dealers give govt ultimatum to revise their margin to 8% by March 26

The Pakistan Petroleum Dealers Association (PPDA) has given an ultimatum to the government to revise up their margins to 8% per litre of petroleum products till March 26, 2026 in the wake of a significant price hike of Rs55 per litre in petrol and diesel prices last week. Talking to Business Recorder after addressing a press conference at the Karachi Press Club on Friday, PPDA chairman Abdul Sami Khan said they would review the situation after Eid-ul-Fitr as what options would be available to them on the table to get their demand accepted if the government continued to maintain the margins at current level of 2.59% (around Rs8/litre). He gave a deadline of March 26 to the government. Meanwhile, PPDA senior vice chairman Malik Khuda Baksh said, “[So far], we have given no call for [shutter down] strike from March 27. However, we will review the situation if our demands are not met till March 26”. Also read: Fuel shock revives case for PHEVs, REEVs in Pakistan He added margins for petroleum dealers had stood at 3.60% (Rs8 per litre) before the government substantially increased petrol and diesel prices by Rs55/ per litre last week. The two leaders said their investment [working capital] had increased significantly to procure petroleum products from oil marketing companies (OMCs) to be sold at petrol pumps after the government increased petrol and diesel price by Rs55/ per litre each to Rs321.17/ per litre and Rs335.86/per litre, respectively on March 6, 2026. They said running petrol pumps at the current low margin remained “no more feasible”, and an upward increase in the margins was necessary to continue operate the pumps in profit, according to the petroleum dealers. Calculations suggest if the government accepts the petroleum dealers’ demand to increase their margins to 8% per litre, their margin would surge by Rs17 per litre in absolute term to Rs25 per litre from Rs8 per litre at present. [...]

Trump says ‘many countries’ will send warships to keep Strait of Hormuz open
March 14, 2026 3:48
Trump says ‘many countries’ will send warships to keep Strait of Hormuz open

US President Donald Trump said on Saturday that many countries would send warships to keep the Strait of Hormuz open, but did not provide details on which countries would do so. “Many Countries, especially those who are affected by Iran’s attempted closure of the Hormuz Strait, will be sending War Ships, in conjunction with the United States of America, to keep the Strait open and safe,” Trump wrote in a post on Truth Social. Trump said he hoped that China, France, Japan, South Korea, Britain and others would send ships to the area. READ MORE: Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut “In the meantime, the United States will be bombing the hell out of the shoreline, and continually shooting Iranian Boats and Ships out of the water,” he wrote. The White House did not immediately respond to a request for comment on whether any countries had agreed to send ships. [...]

Musk says Tesla’s mega AI chip fab project to launch in seven days
March 14, 2026 3:41
Musk says Tesla’s mega AI chip fab project to launch in seven days

Tesla CEO Elon Musk said on Saturday that the company’s Terafab project to make artificial intelligence chips will launch in seven days. Musk had said last year that Tesla probably will have to build “a gigantic chip fab” to make artificial intelligence chips. Tesla is designing its fifth-generation AI chip to power its autonomous ambitions, and Musk at the company’s annual meeting last year laid out potential manufacturing plans. Musk had said at the time that the EV maker could work with Intel and said, “You know, maybe we’ll, we’ll do something with Intel.” “We haven’t signed any deal, but it’s probably worth having discussions with Intel,” he had said. Tesla did not immediately respond to a Reuters request seeking more details about the project. READ MORE: Amazon to invest another 18bn euros in Spain data centres Musk has teased the AI5 chip before and reiterated that Tesla was also partnering with Taiwan’s TSMC and South Korea’s Samsung. The AI chips power Tesla’s autonomous driving systems, including the Full Self-Driving software. “Even when we extrapolate the best-case scenario for chip production from our suppliers, it’s still not enough,” Musk said last year, at Tesla’s AGM. “So I think we may have to do a Tesla terafab. It’s like giga but way bigger. I can’t see any other way to get to the volume of chips that we’re looking for. So I think we’re probably going to have to build a gigantic chip fab. It’s got to be done,” he said. [...]

Meta planning sweeping layoffs as AI costs mount
March 14, 2026 2:56
Meta planning sweeping layoffs as AI costs mount

NEW YORK/SAN FRANCISCO: Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for the cuts and the magnitude has not been finalized, the people said. Top executives have recently signaled the plans to other senior leaders at Meta and told them to begin planning how to pare back, two of the people said. The sources spoke anonymously because they were not authorized to disclose the cuts. Meta did not immediately comment. If Meta settles on the 20% figure, the layoffs will be the company’s most significant since a restructuring in late 2022 and early 2023 that it dubbed the “year of efficiency.” It employed nearly 79,000 people as of December 31, according to its latest filing. The company laid off 11,000 staffers in November 2022, or around 13% of its workforce at the time. Around four months later, it announced it was cutting another 10,000 jobs. Zuckerberg focusing on generative AI Over the last year, CEO Mark Zuckerberg has been pushing Meta to compete more forcefully in generative AI. The company has offered huge pay packages, some worth hundreds of millions of dollars over four years, to court top AI researchers to a new superintelligence team. READ MORE: Amazon to invest another 18bn euros in Spain data centres The company has said it plans to invest $600 billion to build data centers by 2028. Earlier this week, it acquired Moltbook, a social networking platform built for AI agents. Meta is also spending at least $2 billion to buy Chinese AI startup Manus, Reuters previously reported. Zuckerberg has alluded to efficiency gains from the investments, saying in January he was starting to see “projects that used to require big teams now be accomplished by a single very talented person.” Meta’s plans reflect a broader pattern among major U.S. companies, particularly in tech, this year. Executives have pointed to recent improvements in AI systems as one reason for the changes. In January, Amazon confirmed it would cut some 16,000 jobs, amounting to nearly 10% of its workforce. Last month, the fintech company Block chopped nearly half of its staff, with CEO Jack Dorsey explicitly pointing to AI tools and their growing capability to help companies do more with smaller teams. Meta’s planned AI investments follow a series of setbacks with its Llama 4 models last year, including criticism that it provided misleading results on the benchmarks it used for early versions. It abandoned the release of the largest version of that model, called Behemoth, which had been due out in the summer. The superintelligence team has been working to reassert the company’s standing this year by building a new model called Avocado, but the performance of that model has also lagged expectations. [...]

SECP increases Sahulat Account limit to Rs3 million
March 14, 2026 2:15
SECP increases Sahulat Account limit to Rs3 million

The Securities and Exchange Commission of Pakistan (SECP) increased on Saturday the investment limit for Sahulat Accounts from Rs1 million to Rs3 million. The move aims to make stock market investment easier and more accessible for small retail investors, the SECP said in a press release today. SECP has also allowed investors to open Sahulat Accounts with multiple licensed securities brokers, however, investors can maintain only one Sahulat Account with each broker. “The reform aligns the framework with practices followed in the banking and mutual fund sectors,” the commission said. READ MORE: BISP Sahulat Account: SBP unveils revised facilitation framework The Sahulat Account was introduced to enable small investors to participate in the stock market through a simplified and user-friendly account opening process. “Individuals can open a brokerage account with a licensed securities broker by submitting only their Computerised National Identity Card (CNIC), significantly reducing documentation requirements.” The press release said that the facility is particularly suitable for low-risk retail investors and first-time market participants who may have previously been discouraged by complex account opening procedures. “Currently, all licensed securities brokers offer Sahulat Accounts, which can also be opened online, providing greater convenience and accessibility for investors across the country. Individuals categorized as low risk through the broker’s risk assessment process may open such accounts, with brokers applying simplified due diligence measures.” There are 542,748 total individual sub-accounts in the market. Of these, 144,634 are classified as Investor Accounts (Individual), which also include Roshan Digital Account (RDA) investors. The Commission will continue introducing further reforms to simplify investment processes so that young investors can confidently participate in Pakistan’s formal capital market rather than experimenting with unregulated and unauthorised foreign investment platforms. [...]

Israel says Iran war entering ‘decisive phase’
March 14, 2026 1:18
Israel says Iran war entering ‘decisive phase’

BAGHDAD: Israel said the war against Iran was entering its “decisive phase” on Saturday, as explosions rocked cities across the Middle East, with strikes on the US embassy in Baghdad and a major Emirati energy facility. Black smoke rose above Washington’s embassy in Iraq, AFP journalists saw, the second time it has been targeted since February 28, when the United States and Israel attacked Iran and plunged the Gulf into a conflict that has sent shockwaves through the global economy. Millions have been displaced by waves of drone, missile and aerial bombing, while more than 1,200 people have reportedly been killed in Iran, with little sign of the conflict slowing down as it entered its third week. Clouds of dark black smoke were also rising Saturday from Fujairah, home to a major Emirati oil storage and export terminal, shortly after Iran’s military warned UAE civilians to avoid port areas. Israel’s Defence Minister Israel Katz said the war was entering a “decisive phase”, even if he cautioned that it would “continue as long as necessary”. Yet, despite facing superior US and Israeli firepower, Iran appears determined to fight on. It has launched missile and drone attacks against its neighbours and has choked off traffic through the vital Strait of Hormuz. Israel’s army warned people in an industrial zone of Tabriz in northern Iran to evacuate, signalling an imminent attack. READ MORE: Trump says US struck military targets on Iran’s Kharg Island, key oil export hub The hit on the US embassy in Baghdad followed strikes against the powerful Iran-backed group Kataeb Hezbollah, killing two members, including a “key figure”, security sources said. President Donald Trump said Friday that US forces had struck Iran’s Kharg Island, its biggest oil export hub, and “obliterated every MILITARY target” while sparing its energy facilities. Iranian media confirmed the island’s oil facilities were unaffected. Iran had threatened US-linked oil and energy firms would be “turned into a pile of ashes” if they were hit. Hormuz escorts ‘soon’ Iran’s threats to shipping in the Strait of Hormuz have brought traffic to a virtual halt on a route that normally carries one fifth of global oil supplies. Trump said the US Navy would start escorting tankers through the Strait of Hormuz “very soon”, but governments around the world fear a prolonged blow to their economies with crude oil prices up more than 40% since the war began. READ MORE: Iran launches new round of missiles at Israel: state media Hamas called on Saturday for Iran to refrain from targeting neighbouring countries. Qatar said it intercepted two missiles over the capital’s downtown area on Saturday and evacuated key areas after blasts were heard by AFP journalists in Doha. Saudi Arabia’s defence ministry said its forces had intercepted dozens of drones on Friday. ‘Defeated’ Strikes have continued in Iran, with heavy blasts shaking Tehran late Friday. Iran’s health ministry says more than 1,200 people have been killed by US and Israeli attacks, numbers that could not be independently verified. The UN refugee agency has estimated that up to 3.2 million people have been displaced inside Iran since the war started. READ MORE: US military ‘not ready’ to escort tankers through Hormuz Strait: energy secretary Trump described Iran as “totally defeated” and in search of a deal he was unwilling to consider. The Pentagon says more than 15,000 targets in Iran have been hit by the US and Israel in two weeks. A report on Thursday said the first six days alone cost the US $11.3 billion and it has lost 13 military personnel. Israel’s military said it conducted 7,600 strikes on Iran, mostly against its missile programme. US media raised the possibility of a ground invasion, with the New York Times and Wall Street Journal reporting the Pentagon had dispatched the Japan-based amphibious assault ship USS Tripoli to the region with some 2,500 Marines. READ MORE: Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut Iran’s rulers appear intent on showing they will survive the war and maintain control, despite their supreme leader Ali Khamenei being killed on day one. Khamenei’s son Mojtaba Khamenei was named the new supreme leader, but has been absent from public view and is reportedly wounded. ‘Existential battle’ Beyond the Gulf, Turkey said NATO forces shot down a ballistic missile launched from Iran – the third such interception in the war. Lebanon has also been drawn into the war. Hezbollah attacked Israel from Lebanon after Khamenei’s death and its leader, Naim Qassem, has called the current conflict an “existential battle”. Israel has responded with air and ground assaults, killing at least 773 people according to the Lebanese authorities, and issuing evacuation orders that have displaced hundreds of thousands. An overnight strike in southern Lebanon killed a dozen doctors, paramedics and nurses at a healthcare clinic, health authorities said Saturday. [...]

Gold price per tola drops by Rs8,700 in Pakistan
March 14, 2026 12:55
Gold price per tola drops by Rs8,700 in Pakistan

Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs524,562 after a decline of Rs8,700 during the day. Similarly, 10-gram gold was sold at Rs449,727 after it fell by Rs7,459, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per tola reached Rs533,262 after a decline of Rs7,100 during the day.The international rate of gold declined by $87 to reach $5,018 per ounce (with a premium of $20). Meanwhile, the price of silver also decreased by Rs310 to reach Rs8,541 per tola. [...]

Afghan Taliban crossed red line by launching drone attack: Zardari
March 14, 2026 12:50
Afghan Taliban crossed red line by launching drone attack: Zardari

ISLAMABAD: President Asif Ali Zardari said on Saturday the Afghan Taliban had “crossed a red line” by launching what the military called “rudimentary drones” against civilian targets in Pakistan. Pakistan’s military said they were intercepted on Friday night and did not reach their targets, including their own headquarters in Rawalpindi, near Islamabad. The Taliban authorities lack a fully functional air force but have used locally produced drones, targeting areas primarily in border regions of Pakistan, experts say. Pakistan’s military said debris from the downed drones on Friday injured two children in Quetta, in the southwest, and a civilian each in Kohat, south of Peshawar in the northwest, and Rawalpindi. Security sources said airspace around the capital was temporarily closed as a precautionary measure when the drones were detected. Few ‘rudimentary drones’ launched by Afghan Taliban intercepted: ISPR “Afghan Taliban launched few rudimentary drones to harass the brave people of Pakistan. The drones… did not reach their intended targets,” the military said. The incident followed attacks by Pakistan overnight Thursday-Friday that killed four civilians in the Afghan capital, Kabul, and two reported deaths in border provinces. The Taliban authorities then vowed to strike back, including on Islamabad. In a post on X, Zardari’s office said he “strongly condemned the drone attacks on Pakistani civilian areas, saying the Afghan Taliban crossed a red line”. “Pakistan will not tolerate its civilians being targeted. Afghan soil must not be used for terrorism against neighbours. Pakistan will defend its people,” he added. Islamabad last month launched a military operation against Afghanistan, targeting what it said were extremists following attacks in Pakistan. The Taliban government has denied any involvement or the use of Afghan territory for militancy while Pakistan insists it does not target civilians. There have been repeated clashes at the border in recent weeks, hampering trade and forcing nearby residents to leave their homes. The UN mission in Afghanistan (UNAMA) said on Friday that at least 75 civilians have been killed and 193 injured in Afghanistan as a result of the clashes since February 26. [...]

China urges Pakistan, Afghanistan to resolve tensions via talks, not force
March 14, 2026 12:43
China urges Pakistan, Afghanistan to resolve tensions via talks, not force

SHANGHAI: Chinese Foreign Minister Wang Yi told his Afghan counterpart Amir Khan Muttaqi in a phone call that disputes between Pakistan and Afghanistan should be resolved through dialogue and consultation, not force, the foreign ministry said in a statement published on Friday. Wang urged both sides to remain calm and exercise restraint, hold face-to-face talks as soon as possible, seek an immediate ceasefire and address differences through dialogue, according to the statement. The further use of force would only complicate the situation and intensify tensions, Wang said. Few ‘rudimentary drones’ launched by Afghan Taliban intercepted: ISPR The ministry’s statement came after Pakistan on Friday bombed the fuel depot of private airline Kam Air near Afghanistan’s Kandahar airport, stepping up the neighbours’ worst conflict in years. Wang and Muttaqi also exchanged views on the situation in Iran, the statement said. Wang told Muttaqi, according to the statement, that Beijing is willing to work with the international community, including Afghanistan, to bring peace to Iran. [...]

Petrol price committee reports comfortable fuel reserves amid regional volatility
March 14, 2026 11:33
Petrol price committee reports comfortable fuel reserves amid regional volatility

The Ministry of Finance’s Petrol Price Monitoring Committee confirmed on Saturday that petroleum product stocks remain at comfortable levels, with smooth supply chains ensuring uninterrupted availability for the coming weeks. This was noted during a meeting virtually presided over by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, as part of the committee’s ongoing daily review of developments in the energy sector amid continued regional tensions. The Committee to Monitor Petrol Prices was constituted by Prime Minister Shehbaz Sharif earlier this month in the wake of the emerging situation in the region. The committee undertook a comprehensive review of petroleum product stock positions across the country and was briefed on the current national inventory of crude oil and refined petroleum products, ongoing import arrangements, and supply chain logistics. Members were informed about cargoes currently en route as well as additional shipments being arranged to strengthen national reserves. According to the Finance Division, the committee also reviewed recent developments in global crude and refined petroleum markets, which have experienced heightened volatility in recent days due to geopolitical developments in the region. Members examined international price trends, benchmark crude movements, and refined product market dynamics, and discussed possible external scenarios and their potential implications for Pakistan’s energy sector and broader economy. It was noted that the government continues to closely monitor international market developments and is undertaking continuous scenario planning to safeguard domestic energy security and economic stability. The meeting further reviewed operational arrangements relating to crude imports, refinery operations, and maritime logistics. Relevant authorities briefed the committee on measures being taken to facilitate cargo movements, maintain optimal refinery throughput, and ensure the uninterrupted functioning of the petroleum supply chain. The committee emphasised the importance of maintaining close coordination among refineries, oil marketing companies, and relevant government institutions to sustain smooth product flows and nationwide fuel availability. Members were also briefed on the supply outlook for diesel, petrol, aviation fuels, and LPG. The committee noted that current supply levels and planned imports are expected to adequately support domestic demand in the coming weeks. It was observed that relevant authorities remain actively engaged in monitoring stock levels, shipment schedules, and distribution networks to ensure uninterrupted market supply. In addition to supply-side measures, the committee reviewed a range of targeted fuel conservation and demand management options aimed at moderating import requirements during periods of international price volatility. Various potential measures relating to efficient fuel consumption and public sector conservation initiatives were discussed, with the understanding that responsible consumption can contribute to reducing pressure on imports while supporting broader economic stability. The committee also reviewed progress on strengthening monitoring mechanisms across the petroleum supply chain, including the development of a digital dashboard to enhance real-time visibility of stock levels, depots, and retail supply conditions. It was agreed that improved data integration and monitoring will further strengthen oversight and facilitate timely decision-making. Chairing the meeting, Finance Minister Aurangzeb emphasised that the government’s foremost priority remains ensuring uninterrupted availability of petroleum products across the country while minimising the burden on the public to the greatest extent possible. “Although global energy markets are currently experiencing significant volatility, Pakistan’s supply position remains stable due to proactive planning and close coordination among relevant stakeholders,” he noted. The finance minister further stated that the Committee will continue to closely monitor developments in international energy markets, domestic stock positions, and supply chain dynamics on a daily basis to ensure timely and coordinated policy responses. He reiterated that the government remains fully committed to maintaining market stability, safeguarding national energy security, and ensuring that supply chains remain uninterrupted during this evolving global situation. The meeting was held virtually and was attended by Federal Minister for Petroleum Ali Pervaiz Malik, Federal Minister for National Food Security and Research Rana Tanveer Hussain, Minister of State for Finance Bilal Azhar Kayani, the State Bank of Pakistan governor, along with federal secretaries and senior officials from the concerned ministries, divisions, and regulatory bodies. [...]

Trump, Xi prepare to meet amid Iran war, uncertain goals
March 14, 2026 10:31
Trump, Xi prepare to meet amid Iran war, uncertain goals

WASHINGTON: Just over two weeks before President Donald Trump is due to meet his counterpart Xi Jinping in Beijing, Chinese uncertainty over the US leader’s goals and the impact of the Iran war hang over the highly anticipated state visit. Trump’s trip, his first to China in his second term, is aimed at sealing a trade war truce the two leaders shook hands on when they met in South Korea in October. But for Beijing, which likes to carefully choreograph such events to avoid any possibility of embarrassment, Trump’s free-wheeling style is proving a challenge. A source familiar with negotiations told AFP that Chinese officials were expecting more ambitious preparations for such a summit between the leaders of the rival superpowers. The White House insisted however that preparations were going well for the visit from March 31 to April 2, with regular contacts and interactions with Beijing. “Unlike the autopen Biden administration that prized performance over outcomes, the Trump administration is very comfortable with trip planning, on both logistics and deliverables,” a White House official told AFP, referring to the accusation that former president Joe Biden used an automated device to sign documents. Trump says US struck military targets on Iran’s Kharg Island, key oil export hub “The president looks forward to his visit to China, where he and President Xi will discuss a range of topics of importance to the world’s two largest economies.” Trump is “intent on leveling the playing field for American farmers, manufacturers, and working families,” the official added. Trade war  Business leaders however have been concerned that as of earlier this week, invitations had not gone out to be part of the US delegation. “It’s hard to imagine the president is not going to want to have a robust delegation,” Sean Stein, president of the US-China Business Council, said Tuesday. “We think it’s important for that to happen soon.” Scott Kennedy of the Center for Strategic and International Studies believes both sides have discussed logistics but made less progress “on substance.” If business leaders are involved too late, that could leave the trip short on deliverables, he warned. Iran defiant, US vows even heavier bombing In a sign that both sides want to set the stage for the Trump-Xi talks, US Treasury Secretary Scott Bessent is due to meet with Chinese Vice Premier He Lifeng in Paris this weekend. The meeting is likely meant to hammer out economic achievements to be announced at the leaders’ summit, Fudan University professor Wu Xinbo told AFP. The stakes are high, with Washington this week announcing trade investigations into countries including China, opening the door to penalties to replace the Trump tariffs overturned by the US Supreme Court. The visit follows a turbulent year for US-China ties since Trump returned to the White House in January 2025, as the countries fought an escalating tariffs war after Trump imposed sweeping global duties in April. Another concern is Taiwan, the self-governing island that some US officials believe Xi wants to invade in 2027. Trump said recently he would decide soon whether to send Taiwan more weapons, despite Xi’s warnings not to. Iran overshadows? But perhaps the biggest cloud over the visit is war in the Middle East. “If this war carries on to April, then that will be the main talking point in the Trump-Xi meeting,” Benjamin Ho, an assistant professor at the S. Rajaratnam School of International Studies, told AFP. As many as 150 US troops wounded so far in Iran war, sources say China has condemned the US-Israeli strikes on Iran, which have hit oil imports to the world’s second-largest economy at a sensitive time. Yet Beijing has steered clear of concrete action to help Tehran, a long-time ally, or of direct confrontation with Washington. Trump too has played down any rift, instead portraying the war as vital for keeping the Strait of Hormuz clear for oil traffic. “We’re really helping China here,” Trump said Monday. China’s investments in the Middle East, and decisions on investments, may be hit, but its perceived neutrality could help ships transit the strait, as happened with the Houthi rebels in Yemen. Analysts said China is unlikely to play any mediating role, preferring to keep its distance. Instead, Xi may use the summit to project an image of statesman-like stability, in contrast with the turbulence unleashed by his US visitor – and avoid Iran altogether. “Chinese officials probably want to avoid any public display of acrimony with Trump,” said Jean-Loup Samaan, senior research fellow at the National University of Singapore’s Middle East Institute. [...]

Austerity measures: SOE employees to face up to 30% salary cuts as govt tightens spending
March 14, 2026 10:18
Austerity measures: SOE employees to face up to 30% salary cuts as govt tightens spending

The government has decided to utilise funds generated from austerity measures for public relief amid escalating tensions in the region. The decision was taken during a meeting chaired by Prime Minister Muhammad Shehbaz Sharif to review the impact of petroleum product prices and implementation of government austerity measures in light of the ongoing regional situation. During the meeting, the participants discussed policy measures to stabilise petroleum product prices and reviewed progress on austerity steps announced by the government. It was decided in the meeting that, similar to government employees, there will be a 5-30% reduction in the salaries of State-Owned Enterprises (SOEs) employees and autonomous institutions operating under government patronage. The cuts will be used for public relief initiatives. POL products: Aurangzeb signals price hike ahead The meeting also decided that corporations and other institutions with government representatives on their boards will not charge fees for those representatives, and the savings from this measure will also be allocated for public relief. The prime minister directed all Pakistani embassies to celebrate March 23 with utmost simplicity. The meeting clarified that the four-day work week will not be applicable to law enforcement agencies and the Federal Board of Revenue (FBR). They will perform their duties as per their existing schedules, it was said. It was decided that a third-party audit will be conducted in the next two months to review the implementation of 50% cut in fuel received by government vehicles and to ground 60% of government vehicles. The meeting was also briefed on the implementation of the government’s complete ban on the purchase of new vehicles as well as restrictions on other government procurements. The meeting was informed that for the next two months, the salaries of cabinet members, ministers, advisors and special assistants will also be used as savings for public welfare. Participants were also informed about the implementation of a complete ban on foreign visits by ministers, advisers and special assistants, with officials encouraged to prioritise teleconferencing and online meetings instead. The prime minister has instructed all concerned secretaries to implement and monitor austerity measures and submit a daily report to the review committee. The meeting was attended by Federal Ministers Attaullah Tarar, Muhammad Aurangzeb, Ali Pervaiz Malik, Minister of State Bilal Azhar Kayani, Chairman of FBR, and relevant senior officials. [...]

Razzies crown ‘War of the Worlds’ 2025’s worst film
March 14, 2026 10:15
Razzies crown ‘War of the Worlds’ 2025’s worst film

LOS ANGELES: “War of the Worlds,” the 2025 American sci-fi film inspired by H.G. Wells’ 1898 novel, dominated the 46th annual Razzie Awards on Saturday, taking home worst picture, worst screenplay, worst remake, worst actor and worst director. The Razzies said the film “utterly destroyed H.G. Wells’ classic novel.” “Director Rich Lee (maybe inspired by Ed Wood) chose a goofy gimmick, hack dialogue, and a particularly hilarious performance by its lead, Ice Cube, to seize 2025’s biggest number of statues,” the parody awards show said. The Razzies, Hollywood’s long-running spoof of the Oscars, spotlight the most critically panned performances of each year. This year’s other major target was “Snow White,” a 2025 live-action remake of Disney’s 1937 animated classic. The film earned worst supporting actor - for all seven CGI dwarves – and worst screen combo. “It cost a fortune and lost a fortune, perhaps cursed by Walt himself for having ignored his dying wish for it never to be remade,” the Razzies quipped in their announcement. Rebel Wilson picked up worst actress for the action comedy “Bride Hard,” and Scarlet Rose Stallone won worst supporting actress for her role in the Western action film “Gunslingers.” The Razzie Redeemer Award - given to a past nominee who has “gone on to better things” - was awarded to Kate Hudson for her widely praised performance as Cartwright-Sardina, one half of a Neil Diamond husband-wife cover band in “Song Sung Blue,” which she stars in opposite Hugh Jackman. Hudson’s role has earned her strong critical acclaim and best actress nominations from the Golden Globes, Actor Awards and BAFTA Awards. She is also nominated for an Academy Award. The honor brings Hudson full circle after she previously received several Razzie nods, including worst actress for her role in the 2021 film “Music,” directed by Australian pop singer Sia. More than 1,100 Razzie voters across the U.S. and roughly two dozen other countries decide the annual winners, according to the organization’s website. [...]

CTD kills six terrorists in Lakki Marwat operation
March 14, 2026 10:05
CTD kills six terrorists in Lakki Marwat operation

At least six terrorists have been killed during an operation carried out by the Counter-Terrorism Department in Shagai area of the Lakki Marwat district of Khyber Pakhtunkhwa. The operation took place after a police vehicle was targeted by an explosion on Friday near the Rasul Khel check post in Lakki Marwat, resulting in the martyrdom of six personnel, including a Station House Officer (SHO), while one other cop was injured. Prime Minister Shehbaz Sharif has lauded the officers and personnel of the Counter-Terrorism Department (CTD) for their successful operation against Fitna al-Khawarij in Shagai. The prime minister praised the professional capabilities of the CTD for eliminating six terrorists during the operation, the PM Office said in a statement. PM Sehbaz vowed that the war against the menace of terrorism will continue until its complete eradication from the country. “The nation is proud of the law enforcement agencies and CTD officials who are working day and night to cleanse the country of terrorists,” the PM stated. He reaffirmed that the entire nation stands shoulder to shoulder with the security forces in their mission to eliminate terrorism. Federal Interior Minister Mohsin Naqvi also hailed the CTD Khyber Pakhtunkhwa for thwarting the nefarious designs of the terrorists. The interior minister paid tribute to the “brave sons” of the CTD for their courage and professionalism in neutralising six terrorists. He remarked that the CTD’s actions are commendable and vital for establishing lasting peace in Khyber Pakhtunkhwa. “We are proud of the bravery and professionalism displayed by the personnel of CTD KP,” Naqvi added. [...]

England paceman Wood making slow progress from knee injury
March 14, 2026 8:56
England paceman Wood making slow progress from knee injury

England paceman Mark Wood said his recovery from a knee injury is “real slow going” but the 36-year-old knows that at this stage of his career it could all be over if he pushes too hard. Wood returned to the longest format after 15 months to feature in the first Ashes test against Australia in November, but was ruled out of the remainder of the series following a recurrence of a left knee injury. “It’s real slow going with the stage I am at in my career,” Wood told the BBC’s Tailenders podcast. “It’s quite a fine balance, where if I push this too hard then that could be it. “It’s six-week blocks, it’s not day by day, it’s specialists and rescans every six weeks. It’s been improving since what I got told had been an explosion in my knee in Australia. “I’ve started running now and I’m hoping by the next block it’s in a position where maybe I can start lightly bowling.” England call up Bashir and Potts for Sydney Ashes Test Wood, who has taken 253 international wickets in 38 tests, 70 ODIs and 38 Twenty 20s, said the latest spell on the sidelines has made him start thinking about life beyond the sport. “I’ve started thinking about other things, doing podcasts, doing my coaching badges,” he said. “I’ve now started to try and think for the first time about what I should do if this doesn’t go well.” England will next host New Zealand in a three-match test series in June. [...]

Mehidy ignites ‘sportsman spirit’ row after controversial run-out
March 14, 2026 8:49
Mehidy ignites ‘sportsman spirit’ row after controversial run-out

Pakistan batter Salman Ali Agha said Mehidy Hasan Miraz should had shown the “sportsman spirit” after the Bangladesh captain ended his innings with a controversial run-out in Friday’s One-Day International in Dhaka. Short of his crease at the non-striker’s end, Agha bent down to pick up the ball to return it to the bowler after his teammate Mohammad Rizwan had driven it towards him. However, Mehidy circled around behind Agha to collect the ball and threw down the stumps. The dismissal immediately revived discussions about the “spirit of cricket” and had echoes of the 2023 Ashes controversy when Australia’s Alex Carey stumped England’s Jonny Bairstow at Lord’s. “I think sportsman spirit has to be there,” Agha told reporters after Pakistan’s 128-run win. Agha expects right spirit in India clash but unsure about handshakes “What he has done is in the law. I think if he thinks it’s right, it’s right, but if you ask me my perspective, I would have done differently. “I would have gone for sportsman spirit.” Agha reacted angrily in the moment, throwing down his gloves and helmet, but later downplayed his outburst. “I was just trying to give him the ball back. I was not looking for the run or anything like that, but he already decided. “If you ask me what would I have done, I would have done things differently. But … whatever happened after that, it was in the moment.” Pakistan and Bangladesh will play the third ODI on Sunday, with the three-match series level at 1-1. [...]

Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct
November 21, 2025 1:33
Punjab by-polls: Notices served on minister, SAPM for 'violating' election code of conduct

This collage of pictures show Federal Minister of Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the Prime Minister Huzaifa Rehman. —APP/NA website/FileShow-cause notices have been issued to Minister for Power Sardar Awais Ahmad Khan Leghari and Special Assistant to the... [...]

27th Amendment empowers FCC to hear all constitutional cases: minister
November 20, 2025 7:59
27th Amendment empowers FCC to hear all constitutional cases: minister

Minister of State for Law and Justice Barrister Aqeel Malik addressing an event on December 21, 2024. — Facebook@BarristerAqeelMalikState Minister for Law Aqeel Malik said on Thursday that the 27th Amendment has vested authority to hear constitutional matters in the Federal Constitutional... [...]

JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU
November 20, 2025 5:25
JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU

Pakistan Air Force JF-17 Thunder fighter jet during World Defence Air Show 2024 held in Riyadh, Saudi Arabia, February 7, 2024. — PPI Pakistan's JF-17 Thunder garnered significant attention at the Dubai Airshow 2025, leading to the signing of a memorandum of understanding with a... [...]

US lawmakers laud Punjab govt's initiative to modernise brick-kiln
November 20, 2025 4:39
US lawmakers laud Punjab govt's initiative to modernise brick-kiln

Punjab Chief Minister Maryam Nawaz attends ceremony in this undated image. — Facebook/@MaryamNSharifISLAMABAD: The Congressional Pakistan Caucus has applauded Punjab’s drive to modernise its brick-kiln sector, saying the reforms could serve as a pilot for eliminating bonded labour and... [...]

Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR
November 20, 2025 4:38
Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR

Frontier Constabulary and army personnel gather stand guard in Kurram, January 17, 2025. — AFPSecurity forces killed 30 Indian proxy Fitna al-Khawarij terrorists during multiple intelligence-based operations carried out by security forces in Khyber Pakhtunkhwa , the military's media wing... [...]

MQM-P calls for new province in Sindh
November 20, 2025 3:56
MQM-P calls for new province in Sindh

Muttahida Qaumi Movement-Pakistan Convener Khalid Maqbool Siddiqui addresses a press conference in Karachi, November 20, 2025. — Screengrab via YouTube/Geo NewsKARACHI: With discussions on the 28th Amendment gaining momentum, the Muttahida Qaumi Movement–Pakistan has once again... [...]

US report validates Pakistan military edge over India: PM
November 20, 2025 3:55
US report validates Pakistan military edge over India: PM

Prime Minister Shehbaz Sharif addresses ceremony in Azad Jammu and Kashmir on November 20, 2025. — X/@GovtofPakistanPrime Minister Shehbaz Sharif on Thursday said a recent US report endorsing Pakistan’s downing of Indian aircraft stands as formal validation of the country’s... [...]

Banned TTP poses serious threat to Pakistan security: UNSC panel
November 20, 2025 10:24
Banned TTP poses serious threat to Pakistan security: UNSC panel

Denmark’s Deputy Permanent Representative to United Nations and chair of UNSC's ISIL, Al-Qaeda Sanctions Committee Sandra Jensen Landi. — Screengrab via UN WebTV websiteThe chair of the United Nations Security Council's Daesh and Al-Qaeda Sanctions Committee has cautioned that the... [...]

CM Afridi clarifies remarks on by-poll after ECP requests army deployment
November 20, 2025 10:01
CM Afridi clarifies remarks on by-poll after ECP requests army deployment

Khyber Pakhtunkhwa Chief Minister Sohail Khan Afridi addresses a gathering at Havelian, Abbottabad on November 19, 2025. — Facbook@ImMuhammadSohailAfridiISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Thursday issued a clarification concerning his remarks on the NA-18 by-poll,... [...]

Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone
November 20, 2025 6:16
Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone

People sit at a coffee shop as they wait for their flight at the Dubai International Airport, in Dubai, United Arab Emirates, April 17, 2024. — ReutersDUBAI: Dubai International Airport handled 3.2 million passengers travelling from Pakistan in the first nine months of 2025, making the... [...]

Security forces kill 23 Indian proxy terrorists in KP's Kurram
November 20, 2025 5:08
Security forces kill 23 Indian proxy terrorists in KP's Kurram

Security forces are seen taking position during an operation. — ISPR/FileRAWALPINDI: Amid country's ongoing fight against the menace of terrorism, security forces have neutralised 23 Indian proxy Fitna al-Khawarij terrorists in separate engagements in Khyber Pakhtunkhwa's Kurram... [...]

Pakistan to construct island to boost oil exploration: report
November 19, 2025 6:26
Pakistan to construct island to boost oil exploration: report

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas United States. — Reuters/FilePakistan's state-owned energy company, Pakistan Petroleum Limited , has announced plans for an artificial island to boost its oil exploration efforts.Islamabad has intensified its... [...]

Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy
November 19, 2025 6:14
Russia ready to mediate Pakistan's issues with India, Afghanistan: envoy

Russia's ambassador to Pakistan has extended his country's offer to mediate Islamabad's conflicts with India and Afghanistan, amid strained relations with its neighbouring countries.Islamabad's relations with India have remained tense since the four-day war in May, while the Afghan Taliban regime... [...]

Security forces neutralise four terrorists in KP IBOs
November 19, 2025 5:12
Security forces neutralise four terrorists in KP IBOs

Soldiers ride on a Pakistan Army vehicle in this undated image. — AFP/FileFour terrorists affiliated with Indian proxy, Fitna al-Khawarij, were killed in a series of operations across Khyber Pakhtunkhwa from November 17 to 18, the Inter-Services Public Relations said on Wednesday.An... [...]

Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail
November 19, 2025 4:38
Reclassification of 41 candidates on reserved seats goes beyond SC mandate: Justice Mandokhail

Supreme Court's Justice Jamal Khan Mandokhail addresses an event related to Labour Day in Islamabad on May 1, 2025. — Screengrab/YouTube/Geo NewsISLAMABAD: Justice Jamal Khan Mandokhail has released a detailed dissent in the reserved seats case, stating that the ruling on 41 candidates... [...]

Yalda Hakim gets roasted over comments on Scott Bessent interview interruption
March 14, 2026 3:57
Yalda Hakim gets roasted over comments on Scott Bessent interview interruption

Sky News anchor Yalda Hakim is facing backlash over her comments on a dramatic moment when US Treasury Secretary Scott Bessent was being interviewed by Wilfred Frost, and he was suddenly called away to the Situation RoomYalda Hakim shared the clip with the caption, "A remarkable moment. In the... [...]

Trump administration set to expand migrant family detention at Louisiana airport
March 14, 2026 12:39
Trump administration set to expand migrant family detention at Louisiana airport

Trump administration set to expand migrant family detention at Louisiana airportThe Trump administration is moving to significantly expand its immigration detention operations at the Alexandria International Airport in Louisiana. This expansion is a key component of the White House’s... [...]

Jeffrey Epstein side profile raises questions about his death
March 14, 2026 12:10
Jeffrey Epstein side profile raises questions about his death

Some crazy conspiracy theories have been spun around Jeffrey Epstein after multiple videos and pictures of the late sex offender's lookalikes surfaced online as the world continues to get shockwaves from the millions of documents released by the US Justice Department. One particular clip... [...]

Snow storm forecast warns of blizzard conditions and up to 20 inches across Minnesota
March 14, 2026 8:46
Snow storm forecast warns of blizzard conditions and up to 20 inches across Minnesota

A powerful winter storm is expected to hit Minnesota this weekend, with forecasters warning that heavy snowfall and blizzard conditions could make travel extremely dangerous.The National Weather Service has issued a Winter Storm Warning from Saturday afternoon through Monday morning for much of... [...]

Power outage on Oahu leaves more than 121,000 as Kona low storm hits Hawaii
March 14, 2026 8:15
Power outage on Oahu leaves more than 121,000 as Kona low storm hits Hawaii

More than 121,000 customers across Hawaii were left without electricity on Friday as a powerful Kona low storm caused widespread damage to the power network.According to Hawaiian Electric, outages were reported across several islands including O’ahu and parts of Maui County.By 4:00 PM,... [...]

Fire weather watch alert issued across North Texas as dangerous wildfire conditions expected
March 14, 2026 7:52
Fire weather watch alert issued across North Texas as dangerous wildfire conditions expected

A fire weather watch has been issued for large parts of North Texas as weather conditions expected on Sunday could increase the risk of rapidly spreading wildfires.The alert was issued by the National Weather Service in Fort Worth early Saturday morning and will remain in effect from noon until... [...]

Missile strike hits US embassy in Baghdad as regional tensions in Iran intensify
March 14, 2026 7:35
Missile strike hits US embassy in Baghdad as regional tensions in Iran intensify

A missile strike has hit the United States embassy compound in Baghdad, according to reports.Reuters reported that a missile struck the embassy building in the Iraqi capital, causing smoke to rise from the compound. The Associated Press also reported that a missile struck a helipad within the... [...]

Moscow residents and businesses face disruption as authorities restrict mobile internet access
March 14, 2026 7:22
Moscow residents and businesses face disruption as authorities restrict mobile internet access

Businesses in Moscow are facing growing disruption after authorities restricted mobile internet services across the city.Many foreign websites were blocked on mobile phones in central Moscow on Friday as restrictions continued for more than a week. The disruptions have affected daily life for... [...]

Costco recalls multiple food items in Canada due to safety concerns
March 14, 2026 6:54
Costco recalls multiple food items in Canada due to safety concerns

Several food products sold at Costco stores across Canada have been recalled in recent weeks due to safety concerns including contamination risks and undeclared allergens.The affected products include frozen meals, baked goods, desserts and infant formula, according to notices posted on... [...]

North Korea fires possible ballistic missiles during US-South Korea military drills
March 14, 2026 6:33
North Korea fires possible ballistic missiles during US-South Korea military drills

North Korea fires possible ballistic missiles during US-South Korea military drillsNorth Korea reportedly fired at least one unidentified projectile toward the sea off its east coast on Saturday, marking a significant move in response to ongoing military exercises between the United States and... [...]

London, Ontario police investigate toxic drug supply after dozens of overdoses reported in a day
March 14, 2026 6:32
London, Ontario police investigate toxic drug supply after dozens of overdoses reported in a day

Police in London, Ontario are investigating a surge in overdoses after dozens of incidents were reported within a 24 hour period in the city’s downtown area.According to a statement from London police, emergency services responded to 39 overdose related calls between 8:00 AM Wednesday and... [...]

Tesla sued after driver claims full self driving system caused Cybertruck crash in Houston
March 14, 2026 6:14
Tesla sued after driver claims full self driving system caused Cybertruck crash in Houston

Tesla is facing a lawsuit after a driver claimed the company’s full self driving system caused a crash involving a Cybertruck in Houston, Texas.According to court documents filed in Harris County Court, the driver, Justine Saint Amour, was using Tesla’s Full Self Driving system in... [...]

Trump threatens to hit Iran's oil hub Kharg Island over Strait of Hormuz blockade
March 14, 2026 6:11
Trump threatens to hit Iran's oil hub Kharg Island over Strait of Hormuz blockade

Trump threatens to hit Iran’s oil hub Kharg Island over Strait of Hormuz blockadeThe US President has threatened to hit the Iran’s Kharg Island oil hub unless Tehran stopped attacking the oil ships in the Strait of Hormuz and opened the critical chokepoint The warning has sent... [...]

Nancy Guthrie case: Investigators reveal major update on kidnapper's motive
March 14, 2026 5:51
Nancy Guthrie case: Investigators reveal major update on kidnapper's motive

Nancy Guthrie case: Investigators reveal major update on kidnapper’s motivePima County Sheriff Chris Nanos believes that authorities have determined the prime motive behind the kidnapping, though he is withholding details to protect the investigation's integrity. While not 100% certain, the... [...]

China, North Korea reopen passenger train service after 6 years
March 13, 2026 6:55
China, North Korea reopen passenger train service after 6 years

China, North Korea reopen passenger train service after 6 yearsChina-Korea Train operations, halted since global pandemic outbreak covid-19,resumed after long gap of six years. China is North Korea’s largest trading partner and a vital source of diplomatic, economic and political support for... [...]

لاہور: ڈی ایس پی فراڈ کیس میں گرفتار، بیٹا تاحال مفرور
March 14, 2026 2:03
لاہور: ڈی ایس پی فراڈ کیس میں گرفتار، بیٹا تاحال مفرور

فائل فوٹوڈپٹی سپرنٹنڈنٹ آف پولیس اظہر نوید اور بیٹے کے خلاف امانت میں خیانت کا مقدمہ درج کرلیا گیا۔لاہور پولیس کے ایس ایس پی... [...]

مشرق وسطیٰ صورتحال، جیٹ فیول اے ون کی سپلائی بھی متاثر، نوٹم جاری
March 14, 2026 12:03
مشرق وسطیٰ صورتحال، جیٹ فیول اے ون کی سپلائی بھی متاثر، نوٹم جاری

فوٹو: فائلپاکستان ایئرپورٹس اتھارٹی کی جانب سے نوٹم جاری کیا گیا ہے اور بتایا گیا ہے کہ مشرق وسطیٰ کی صورتحال کے باعث جیٹ فیول اے ون... [...]

سپریم کورٹ نے پی ایس ٹی اساتذہ کی بھرتیوں سے متعلق پشاور ہائیکورٹ کا حکم کالعدم قرار دےدیا
March 14, 2026 12:03
سپریم کورٹ نے پی ایس ٹی اساتذہ کی بھرتیوں سے متعلق پشاور ہائیکورٹ کا حکم کالعدم قرار دےدیا

فوٹو: فائلسپریم کورٹ نے پی ایس ٹی اساتذہ کی بھرتیوں سے متعلق پشاور ہائیکورٹ کا حکم کالعدم قرار دیتے ہوئے ریمارکس دیے ہیں کہ این ٹی... [...]

گورنر کی تبدیلی پر وفاقی حکومت کو ہمیں اعتماد میں لینا چاہیے تھا: خالد مقبول صدیقی
March 14, 2026 11:03
گورنر کی تبدیلی پر وفاقی حکومت کو ہمیں اعتماد میں لینا چاہیے تھا: خالد مقبول صدیقی

ہماری حکومت کے ساتھ اعتماد میں بہت کمی آئی ہے، خالد مقبول صدیقی - فوٹو:فائلمتحدہ قومی موومنٹ پاکستان کے چیئرمین ڈاکٹر خالد مقبول... [...]

وزارت اطلاعات نے افغان رجیم کا پاکستانی چوکیوں کو نقصان پہنچانے کا دعویٰ مسترد کردیا
March 14, 2026 11:03
وزارت اطلاعات نے افغان رجیم کا پاکستانی چوکیوں کو نقصان پہنچانے کا دعویٰ مسترد کردیا

فوٹو: فائلوزارت اطلاعات نے افغان رجیم کے وزارت دفاع کی جانب سے پاکستان کی چوکیوں پر قبضے اور نقصان کے دعووں کو مسترد کرتے ہوئے کہا کہ... [...]

وزیر خزانہ کی زیر صدارت اجلاس، پیٹرولیم اسٹاک کی مناسب سطح پر اظہار اطمینان
March 14, 2026 11:03
وزیر خزانہ کی زیر صدارت اجلاس، پیٹرولیم اسٹاک کی مناسب سطح پر اظہار اطمینان

فوٹو: فائلوزیر خزانہ کی زیر صدارت پیٹرولیم قیمتوں کی نگرانی سے متعلق کمیٹی کا اجلاس ہوا جس میں روزانہ جائزہ کے تحت علاقائی کشیدگی کے... [...]

کراچی: میٹروپولیٹن یونیورسٹی میں 35 برس بعد ’گرلز کامن روم‘ قائم، باقاعدہ افتتاح کردیا
March 14, 2026 10:03
کراچی: میٹروپولیٹن یونیورسٹی میں 35 برس بعد ’گرلز کامن روم‘ قائم، باقاعدہ افتتاح کردیا

— تصویر بشکریہ رپورٹرکراچی میٹروپولٹن یونیورسٹی میں 35 برس بعد طالبات کو محفوظ اور پُرسکون جگہ کی فراہمی کے لیے وسیع ’گرلز کامن... [...]

سرگودھا: اجتماعی زیادتی کا مقدمہ درج کروانے والی خاتون مقدمے سے منحرف ہوگئی
March 14, 2026 9:03
سرگودھا: اجتماعی زیادتی کا مقدمہ درج کروانے والی خاتون مقدمے سے منحرف ہوگئی

—فائل فوٹوسرگودھا میں اجتماعی زیادتی کا مقدمہ درج کروانے والی خاتون مقدمے سے منحرف ہوگئی۔پولیس کا کہنا ہے کہ اسپیشل مجسٹریٹ کو... [...]

بچت اقدامات: سرکاری اور خودمختار اداروں کے ملازمین کی تنخواہوں سے کٹوتی کا فیصلہ
March 14, 2026 9:03
بچت اقدامات: سرکاری اور خودمختار اداروں کے ملازمین کی تنخواہوں سے کٹوتی کا فیصلہ

وزیرِاعظم شہباز شریف---فائل فوٹو وزیرِ اعظم شہباز شریف نے کہا ہے کہ حکومتی بچت اقدامات کے تحت  سرکاری اور حکومتی سرپرستی میں خود... [...]

صدرِ مملکت آصف علی زرداری کی پاکستانی شہری علاقوں کو نشانہ بنانیوالے ڈرون حملوں کی مذمت
March 14, 2026 8:03
صدرِ مملکت آصف علی زرداری کی پاکستانی شہری علاقوں کو نشانہ بنانیوالے ڈرون حملوں کی مذمت

صدرِ مملکت آصف علی زرداری---فائل فوٹو  صدرِ مملکت آصف علی زرداری نے پاکستانی شہری علاقوں کو نشانہ بنانے والے ڈرون حملوں کی مذمت... [...]

حرم ریحان نے 6 سال بعد بھارتی مرد کھلاڑی کا ریکارڈ توڑ کر پاکستانی پرچم بلند کیا ہے: مریم نواز
March 14, 2026 8:03
حرم ریحان نے 6 سال بعد بھارتی مرد کھلاڑی کا ریکارڈ توڑ کر پاکستانی پرچم بلند کیا ہے: مریم نواز

—فائل فوٹووزیرِاعلیٰ پنجاب مریم نواز نے ایتھلیٹ طالبہ حرم ریحان کو بھارتی ریکارڈ توڑنے پر شاباشی دی ہے۔مریم نواز نے حرم ریحان کے... [...]

ایران کو گرنے نہیں دیں گے، امریکا اسرائیل یہ جنگ ہار چکے: سابق سینیٹر مشتاق
March 14, 2026 7:03
ایران کو گرنے نہیں دیں گے، امریکا اسرائیل یہ جنگ ہار چکے: سابق سینیٹر مشتاق

سابق سینیٹر مشتاق احمد—فائل فوٹو سابق سینیٹر مشتاق احمد نے کہا ہے کہ ایران کو گرنے نہیں دیں گے، امریکا اسرائیل یہ جنگ ہار چکے... [...]

اپر کوہستان مالی اسکینڈل میں گرفتار نجی کمپنی کے مالک کو جوڈیشل ریمانڈ پر جیل بھیج دیا گیا
March 14, 2026 7:03
اپر کوہستان مالی اسکینڈل میں گرفتار نجی کمپنی کے مالک کو جوڈیشل ریمانڈ پر جیل بھیج دیا گیا

---فائل فوٹو پشاور کی احتساب عدالت نے اپر کوہستان مالی اسکینڈل میں گرفتار نجی کمپنی کے مالک کو 14 روزہ جوڈیشل ریمانڈ پر جیل بھیج... [...]

اسلام آباد و لاہور ایئر پورٹ کی پروازوں کیلئے نیا نوٹم جاری
March 14, 2026 7:03
اسلام آباد و لاہور ایئر پورٹ کی پروازوں کیلئے نیا نوٹم جاری

—فائل فوٹوپاکستان ایئر پورٹ اتھارٹی نے اسلام آباد اور لاہور ایئر پورٹ سے متعلق پروازوں کے لیے نیا نوٹم جاری کر دیا۔پی اے اے کی جانب... [...]

کسٹمز نے سندھ حکومت کی گاڑی نان کسٹم پیڈ قرار دیکر ضبط کر لی: شرجیل میمن
March 14, 2026 7:03
کسٹمز نے سندھ حکومت کی گاڑی نان کسٹم پیڈ قرار دیکر ضبط کر لی: شرجیل میمن

سندھ کے سینئر وزیر شرجیل میمن—فائل فوٹوسندھ کے سینئر وزیر شرجیل میمن نے بتایا ہے کہ پاکستان کسٹمز نے سندھ حکومت کی سرکاری گاڑی کو... [...]

امریکا، اسرائیل کے ایران پر حملے، 15 روز میں کتنی اموات ہوئیں؟ تفصیل آگئی
March 14, 2026 3:03
امریکا، اسرائیل کے ایران پر حملے، 15 روز میں کتنی اموات ہوئیں؟ تفصیل آگئی

اے ایف پیامریکا اور اسرائیل کے ایران پر حملوں سے 15 روز میں ہونے والی اموات کی تفصیل سامنے آگئی ہے۔عرب میڈیا رپورٹ کے مطابق امریکا... [...]

خلیجی ممالک میں امریکی بینکوں کو نشانہ بنایا ہے، ایرانی پاسداران انقلاب
March 14, 2026 3:03
خلیجی ممالک میں امریکی بینکوں کو نشانہ بنایا ہے، ایرانی پاسداران انقلاب

فوٹو: ایرانی میڈیا ایران نے خلیجی ممالک میں امریکی بینکوں کو بھی نشانہ بنانا شروع کردیا۔پاسداران انقلاب ایران کا کہنا ہے کہ ایرانی... [...]

غزہ میں ریت کا طوفان، تباہ حال فلسطینی مشکلات کا شکار
March 14, 2026 1:03
غزہ میں ریت کا طوفان، تباہ حال فلسطینی مشکلات کا شکار

تصویر، امریکی میڈیاغزہ میں ریت کے طوفان سے اسرائیلی جنگ سے تباہ حال فلسطینیوں کی مشکلات بڑھ گئیں۔میڈیا رپورٹس کے مطابق طوفان کے ساتھ... [...]

بغداد میں امریکی سفارتخانہ پر میزائل حملہ، کمپاؤنڈ سے دھواں اٹھنے لگا
March 14, 2026 1:03
بغداد میں امریکی سفارتخانہ پر میزائل حملہ، کمپاؤنڈ سے دھواں اٹھنے لگا

فوٹو: ایرانی میڈیا عراق کے شہر بغداد میں امریکی سفارتخانہ پر میزائل حملہ کیا گیا ہے۔امریکی میڈیا کے مطابق میزائل بغداد میں امریکی... [...]

مشرق وسطیٰ کشیدگی، بھارت میں ایل پی جی کا بحران پیدا ہوگیا
March 14, 2026 1:03
مشرق وسطیٰ کشیدگی، بھارت میں ایل پی جی کا بحران پیدا ہوگیا

تصویر، بھارتی میڈیامشرق وسطیٰ کی کشیدہ صورتحال سے بھارت میں لیکویفائیڈ پیٹرولیم گیس کا بحران پیدا ہوگیا ہے۔بھارتی وزارت شپنگ اور... [...]

چین کا پاکستان اور افغانستان پر کشیدگی سے گریز پر زور
March 14, 2026 12:03
چین کا پاکستان اور افغانستان پر کشیدگی سے گریز پر زور

فوٹو: ایکس چین پاکستان اور افغانستان کے درمیان ثالثی کیلئے متحرک ہوگیا۔چینی وزیر خارجہ وانگ یی نے افغان ہم منصب سے ٹیلیفونک گفتگو... [...]

امریکی سینٹ کام نے ایرانی جزیرے خارگ پر حملے کی ویڈیو جاری کردی
March 14, 2026 12:03
امریکی سینٹ کام نے ایرانی جزیرے خارگ پر حملے کی ویڈیو جاری کردی

اسکرین گریب/ ایکس امریکی سینٹ کام امریکی سینٹ کام نے ایرانی جزیرے خارگ پر حملے کی ویڈیو جاری کردی اور پہنچائے گئے نقصان کی تفصیلات... [...]

یو اے ای میں امریکی فوج کے ٹھکانوں کو نشانہ بنانا قانونی حق ہے، پاسداران انقلاب
March 14, 2026 11:03
یو اے ای میں امریکی فوج کے ٹھکانوں کو نشانہ بنانا قانونی حق ہے، پاسداران انقلاب

فوٹو: ایرانی میڈیا ایرانی پاسداران انقلاب گارڈز کا کہنا ہے کہ یو اے ای کے کچھ شہروں میں امریکی فوج کے ٹھکانوں کو نشانہ بنانا قانونی... [...]

جزیرہ خارگ سے ایندھن کی برآمدات بلا تعطل جاری ہیں، ایرانی حکام
March 14, 2026 11:03
جزیرہ خارگ سے ایندھن کی برآمدات بلا تعطل جاری ہیں، ایرانی حکام

فوٹو: بی بی سی ایرانی حکام کا کہنا ہے کہ جزیرہ خارگ سے ایندھن کی برآمدات بلا تعطل جاری ہیں اور وہاں کام کرنے والی تیل کمپنیوں کی... [...]

شمالی کوریا کا 10 بیلسٹک میزائلز کا تجربہ
March 14, 2026 10:03
شمالی کوریا کا 10 بیلسٹک میزائلز کا تجربہ

— فائل فوٹوشمالی کوریا نے 10 بیلسٹک میزائلز کا تجربہ کیا ہے۔غیر ملکی خبر رساں ایجنسی کے مطابق جنوبی کورین فوج نے اپنے جاری بیان میں... [...]

دو ہفتوں کی جنگ کے بعد امریکا دنیا سے روسی تیل خریدنے کی بھیک مانگ رہا ہے: ایران
March 14, 2026 10:03
دو ہفتوں کی جنگ کے بعد امریکا دنیا سے روسی تیل خریدنے کی بھیک مانگ رہا ہے: ایران

— فایل فوٹوایرانی وزیر خارجہ عباس عراقچی نے کہا کہ امریکا نے کئی ماہ تک بھارت کو روس سے تیل نہ خریدنے پر مجبور کیا، یورپ کو خام خیالی... [...]

ایرانی بھائی پڑوسی ممالک کو نشانہ بنانے سے گریز کریں: حماس
March 14, 2026 10:03
ایرانی بھائی پڑوسی ممالک کو نشانہ بنانے سے گریز کریں: حماس

—فائل فوٹوفلسطینی مزاحمتی تنظیم حماس نے ایران پر زور دیا کہ وہ ہمسایہ ممالک کو نشانہ بنانا بند کر دے۔غیر ملکی خبر رساں ادارے کے... [...]

ایران کے سعودی اڈے پر حملے میں امریکی فضائیہ کے 5 طیارے جزوی تباہ: رپورٹ
March 14, 2026 10:03
ایران کے سعودی اڈے پر حملے میں امریکی فضائیہ کے 5 طیارے جزوی تباہ: رپورٹ

فوٹو بشکریہ بین الاقوامی میڈیا سعودی عرب کے پرنس سلطان ایئر بیس پر ایران کے میزائل حملے میں امریکی فضائیہ کے پانچ ری فیولنگ طیارے... [...]

ایران جنگ میں اسرائیل کی حمایت نہ کرنے پر لنزے گراہم کا عرب ممالک پر اظہار برہمی
March 14, 2026 10:03
ایران جنگ میں اسرائیل کی حمایت نہ کرنے پر لنزے گراہم کا عرب ممالک پر اظہار برہمی

متنازع بیانات کے لیے مشہور امریکی سینیٹر لنزے گراہم نے ایران سے جاری جنگ کے تناظر میں عرب ممالک کی جانب سے اسرائیل کی حمایت میں شامل... [...]

بھارتی جہازوں نے بحفاظت آبنائے ہرمز پار کرلیا: بھارتی میڈیا کا دعویٰ
March 14, 2026 9:03
بھارتی جہازوں نے بحفاظت آبنائے ہرمز پار کرلیا: بھارتی میڈیا کا دعویٰ

فوٹو بشکریہ بھارتی میڈیا بھارت کی جانب سے دعویٰ کیا جا رہا ہے کہ شپنگ کارپوریشن آف انڈیا کے زیرِ انتظام چلنے والے دو ایل پی جی بردار... [...]

سونے کی قیمت میں مسلسل تیسرے روز بھی بڑی کمی
March 14, 2026 8:03
سونے کی قیمت میں مسلسل تیسرے روز بھی بڑی کمی

—فائل فوٹوپاکستان بھر کی صرافہ مارکیٹوں میں سونے کی قیمت میں مسلسل تیسرے روز بھی بڑی کمی ہوئی ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز... [...]

پیٹرولیم مصنوعات کی قیمتیں برقرار رکھنے کا اعلامیہ جاری
March 14, 2026 7:03
پیٹرولیم مصنوعات کی قیمتیں برقرار رکھنے کا اعلامیہ جاری

—فائل فوٹوحکومت نے پیٹرولیم مصنوعات کی قیمتیں برقرار رکھنے کا فیصلہ کر لیا، پیٹرولیم ڈویژن نے قیمتیں برقرار رکھنے کا اعلامیہ جاری... [...]

کرک: پیٹرولیم مصنوعات کی بوتلوں اور گیلن میں فروخت پر پابندی عائد
March 14, 2026 6:03
کرک: پیٹرولیم مصنوعات کی بوتلوں اور گیلن میں فروخت پر پابندی عائد

—فائل فوٹوضلع کرک میں پیٹرولیم مصنوعات کی بوتلوں اور گیلن میں فروخت پر پابندی عائد کر دی گئی۔ڈپٹی کمشنر کی جانب سے جاری ہونے والے... [...]

اسٹاک مارکیٹ: بذریعہ سہولت اکاؤنٹ سرمایہ کاری کی حد بڑھا کر 30 لاکھ کر دی گئی
March 14, 2026 5:03
اسٹاک مارکیٹ: بذریعہ سہولت اکاؤنٹ سرمایہ کاری کی حد بڑھا کر 30 لاکھ کر دی گئی

—فائل فوٹوسیکیورٹیز اینڈ ایکسچینج کمیشن آف پاکستان کا کہنا ہے کہ اسٹاک مارکیٹ میں سہولت اکاؤنٹ کے ذریعے سرمایہ کاری کی حد 10 لاکھ سے... [...]

پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں منفی رجحان رہا، 3629 پوائنٹس کی کمی
March 14, 2026 3:03
پاکستان اسٹاک ایکسچینج: کاروباری ہفتے میں منفی رجحان رہا، 3629 پوائنٹس کی کمی

—فائل فوٹوپاکستان اسٹاک ایکسچینج میں گزشتہ کاروباری ہفتہ مشرقِ وسطیٰ کی جنگ کے زیرِ اثر رہا۔پی ایس ایکس میں گزشتہ کاروباری ہفتے... [...]

فی تولہ سونا 7100 روپے سستا ہوگیا
March 13, 2026 9:03
فی تولہ سونا 7100 روپے سستا ہوگیا

— فائل فوٹوپاکستان بھر کی صرافہ مارکیٹوں میں سونے کی قیمتوں میں دوسرے روز بھی کمی ہوئی ہے۔ آل پاکستان صرافہ جیمز اینڈ جیولرز... [...]

کراچی پورٹ سے متحدہ عرب امارات کیلئے نئی فیڈر سروس کا آغاز
March 13, 2026 5:03
کراچی پورٹ سے متحدہ عرب امارات کیلئے نئی فیڈر سروس کا آغاز

---فائل فوٹو پاکستان کے معاشی حب کراچی پورٹ سے متحدہ عرب امارات کے لیے نئی فیڈر سروس کا آغاز کر دیا گیا۔محکمہ میری ٹائم کے وزیر جنید... [...]

ایل این جی کی قیمت میں 2.26 ڈالر فی ایم ایم بی ٹی یو تک اضافہ ہوگیا
March 12, 2026 11:03
ایل این جی کی قیمت میں 2.26 ڈالر فی ایم ایم بی ٹی یو تک اضافہ ہوگیا

ایل این جی کی قیمت میں 2.26 ڈالر فی ایم ایم بی ٹی یو تک اضافہ ہوگیا، آئل اینڈ گیس ریگولیٹری اتھارٹی نے مارچ کے لیے ایل این جی کی قیمتوں... [...]

سونے کی قیمتوں کو ریورس گیئر لگ گیا
March 12, 2026 9:03
سونے کی قیمتوں کو ریورس گیئر لگ گیا

—فائل فوٹوپاکستان بھر کی صرافہ مارکیٹوں میں سونے کی قیمتوں کو ریورس گیئر لگ گیا۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوس ایشن کے... [...]

پاکستان اور آئی ایم ایف اسٹاف لیول معاہدے تک پہنچنے میں ناکام
March 12, 2026 5:03
پاکستان اور آئی ایم ایف اسٹاف لیول معاہدے تک پہنچنے میں ناکام

پاکستان اور آئی ایم ایف اسٹاف لیول کے معاہدے تک پہنچنے میں ناکام رہے، تاہم مذاکرات جاری رکھنے کا اعلان کر دیا۔ پاکستان اور... [...]

فرانس کے پاس ایندھن کی نئی سبسڈی کیلئے مزید رقم موجود نہیں: مرکزی بینک کا انتباہ
March 12, 2026 5:03
فرانس کے پاس ایندھن کی نئی سبسڈی کیلئے مزید رقم موجود نہیں: مرکزی بینک کا انتباہ

مرکزی بینک کے گورنر فرانسوا ویلروئے ڈی گالو — تصویر بشکریہ غیر ملکی میڈیافرانس کے مرکزی بینک کے گورنر فرانسوا ویلروئے ڈی گالو نے... [...]

امریکا کا چین اور بھارت سمیت 16 ممالک پر نئے ٹیرف لگانے کا عندیہ
March 12, 2026 5:03
امریکا کا چین اور بھارت سمیت 16 ممالک پر نئے ٹیرف لگانے کا عندیہ

—فوٹو بشکریہ بین الاقوامی میڈیا امریکی صدر ڈونلڈ ٹرمپ کی انتظامیہ نے چین، بھارت اور بنگلا دیش سمیت 16 بڑے تجارتی شراکت دار ممالک کے... [...]

ایل پی جی کی قیمتوں میں اضافے کی افواہیں بے بنیاد ہیں، اوگرا
March 11, 2026 10:03
ایل پی جی کی قیمتوں میں اضافے کی افواہیں بے بنیاد ہیں، اوگرا

---فائل فوٹوزاوگرا نے ایل پی جی کی قیمتوں میں اضافے سے متعلق خبروں کو مسترد کرتے ہوئے کہا ہے کہ اس حوالے سے کوئی نیا نوٹیفکیشن جاری... [...]

پاکستان میں آج بھی سونے کی قیمتوں میں اضافہ
March 11, 2026 9:03
پاکستان میں آج بھی سونے کی قیمتوں میں اضافہ

— فائل فوٹوملک میں آج بھی سونے کی قیمتوں میں اضافہ ہوا ہے۔آل پاکستان صرافہ جیمز اینڈ جیولرز ایسوسی ایشن کے مطابق فی تولہ سونے کی... [...]

ایشیائی اسٹاک بازاروں میں کاروبار کا ملا جلا رجحان
March 11, 2026 5:03
ایشیائی اسٹاک بازاروں میں کاروبار کا ملا جلا رجحان

--- فائل فوٹوایشیائی اسٹاک بازاروں میں آج کاروبار کا ملا جلا رجحان دیکھا جا رہا ہے، جہاں بیشتر ایشیائی انڈیکسز میں اضافہ ریکارڈ کیا... [...]

This little-known energy company’s stock is rallying as Trump invokes 1950 powers for offshore California drilling
March 13, 2026 11:27
This little-known energy company’s stock is rallying as Trump invokes 1950 powers for offshore California drilling

Trump’s executive order opens the door for Sable Offshore’s production in Southern California. [...]

‘I’m experiencing issues with arthritis’: I’m 68 with $3 million saved. Why am I not ready for a life of leisure?
March 13, 2026 10:39
‘I’m experiencing issues with arthritis’: I’m 68 with $3 million saved. Why am I not ready for a life of leisure?

“I can draw $4,300 a month in Social Security if I retire this summer.” [...]

‘I didn’t ask a man to rear-end my car’: Social Security is replacing my disability benefits. Will the fund run out of money?
March 13, 2026 9:28
‘I didn’t ask a man to rear-end my car’: Social Security is replacing my disability benefits. Will the fund run out of money?

“I didn’t ask a man to rear-end my car at a red light.” [...]

Warren Buffett’s sage advice about fear and greed is a trap in this market
March 13, 2026 9:08

Instead of buying more stocks when volatility rises, you should sell. [...]

Kevin Warsh’s Fed confirmation faces new delay, key senator says. Here’s why.
March 13, 2026 8:42
Kevin Warsh’s Fed confirmation faces new delay, key senator says. Here’s why.

A key U.S. senator warned that Kevin Warsh’s confirmation as the next head of the Federal Reserve faces a fresh delay amid a legal setback to the Justice Department’s criminal investigation into current Fed Chair Jerome Powell. [...]

Here’s a rare chance to invest before big stock-index funds and Wall Street dive in
March 13, 2026 8:31
Here’s a rare chance to invest before big stock-index funds and Wall Street dive in

Vietnam is expected to be promoted to ‘emerging’ market from ‘frontier’ market. Here’s when you’ll need to act. [...]

Think Russian oil will calm the Iran conflict’s supply panic? Here’s what the math reveals.
March 13, 2026 8:20
Think Russian oil will calm the Iran conflict’s supply panic? Here’s what the math reveals.

Russian oil can reach markets fast. The Iran conflict’s supply fears, however, are much bigger. [...]

‘Healthcare is important to me’: I’m worried about relocating to Florida from New Jersey. Are hospitals there under stress?
March 13, 2026 8:15
‘Healthcare is important to me’: I’m worried about relocating to Florida from New Jersey. Are hospitals there under stress?

“The issue is not the weather, high insurance premiums or high maintenance fees.” [...]

Investors are shunning U.S. debt as a haven play during the Iran conflict
March 13, 2026 8:04
Investors are shunning U.S. debt as a haven play during the Iran conflict

The 10-year Treasury yield had its steepest two-week climb in almost a year on Friday due to the U.S. and Israel’s war with Iran. [...]

‘I am stuck in a low-income trap’: I’m a teacher and very good at my job. Will I ever earn six figures?
March 13, 2026 8:00
‘I am stuck in a low-income trap’: I’m a teacher and very good at my job. Will I ever earn six figures?

“My low salary requires me to have multiple other part-time jobs.” [...]

Why Warren Buffett’s sage advice about fear and greed is a trap in this market
March 14, 2026 1:01
Is a $130 Costco executive membership the new VIP status symbol?
March 13, 2026 10:53
Kevin Warsh’s Fed confirmation faces new delay, key senator says. Here’s why.
March 13, 2026 9:37
Can Russian oil ease the Iran conflict's supply panic? What the math reveals.
March 13, 2026 8:51
Stocks end lower, book third straight week of losses as Iran conflict continues
March 13, 2026 8:01
Investors are shunning U.S. debt as a haven play during the Iran conflict
March 13, 2026 7:34
Nasdaq leading stocks lower in final hour as oil trades around $100 — live
March 13, 2026 7:06
How BuzzFeed spiraled from a $1.7 billion darling to the brink of bankruptcy
March 13, 2026 6:02
These 15 stocks are up double-digit percentages since the attacks on Iran
March 13, 2026 3:22
U.S. job openings jump to three-month high, but there’s no pickup in hiring
March 13, 2026 3:01
Jobless claims fall to lowest level since mid-May
July 3, 2025 12:36
Jobless claims stay low in latest week
February 13, 2025 1:33
Consumer credit growth soars in December
February 7, 2025 8:26
U.S. productivity slows down in fourth quarter while unit labor costs accelerate
February 6, 2025 1:34
Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
February 3, 2025 1:46
Trump asks Supreme Court to pause TikTok ban
December 28, 2024 12:32
Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
December 3, 2024 2:05
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
November 19, 2024 8:55
Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
November 13, 2024 1:52
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
November 12, 2024 1:53
Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
November 5, 2024 8:39
Burberry shares rise on report Moncler could bid for it
November 4, 2024 8:36
Kazatomprom reports 17% increase in production during the third quarter
November 1, 2024 7:36
Anheuser-Busch InBev shares slip as sales come up shy of estimates
October 31, 2024 8:09
Wingstop’s stock slides 12% after profit falls short of estimates
October 30, 2024 12:22
  • About
  • Services
  • Governance
  • Investors Information
  • Investors Portal

Tariq Vohra Securities (Private) Limited

Address
Mezzanine floor, 91-C, Jami commercial Street 11, Phase VII, D.H.A.,Karachi
Hours
Monday–Friday: 9:00AM–5:00PM
Saturday : 11:00AM–1:00PM

Tel
92 21 35311133
".

Disclaimer:
Tariq Vohra Securities Private Limited will not be responsible for any loss or damage that could result from interception by third parties (including hacking) of any information made available to you via this site.
Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, Tariq Vohra Securities Private Limited cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose.

Contents

  • About
    • Vision & Mission
    • Management Profile
    • Details of Associated Companies
    • Management Rating
    • Auditors
    • Legal Advsor
    • Address
    • Contact Details
  • Services
    • Details of Branches
    • Online Trading
    • Details of Registered Agents
    • Mobile Trading
  • Governance
    • Board of Directors
    • Directors Profile
    • Sponsors
    • Audit Committee
    • Pattern of Shareholding
  • Investors Information
    • Financials
    • Statutory Auditors
    • NCB Auditors
    • Monthly LC
    • Monthly NCB
    • Policies & Procedures
    • Account Opening Form
    • Internet Trading Info
  • Investors Portal
    • Investors Complaint Contact
      • PSX Complaint Link
    • Pending Investors Complaint
    • Investors Grievances
    • Penal Action
    • SECP Complaint Link
    • Investors Education
    • Feed Back
    • Misc.
      • FAQ
      • Research
      • Useful Links
      • News

Useful Links

Copyright © Tariq Vohra Securities (Private) Limited All Rights Reserved.

Powered by WordPress with Lightning Theme & VK All in One Expansion Unit by Vektor,Inc. technology.

MENU
  • About
    • Vision & Mission
    • Management Profile
    • Details of Associated Companies
    • Management Rating
    • Auditors
    • Legal Advsor
    • Address
    • Contact Details
  • Services
    • Details of Branches
    • Online Trading
    • Details of Registered Agents
    • Mobile Trading
  • Governance
    • Board of Directors
    • Directors Profile
    • Sponsors
    • Audit Committee
    • Pattern of Shareholding
  • Investors Information
    • Financials
    • Statutory Auditors
    • NCB Auditors
    • Monthly LC
    • Monthly NCB
    • Policies & Procedures
    • Account Opening Form
    • Internet Trading Info
  • Investors Portal
    • Investors Complaint Contact
      • PSX Complaint Link
    • Pending Investors Complaint
    • Investors Grievances
    • Penal Action
    • SECP Complaint Link
    • Investors Education
    • Feed Back
    • Misc.
      • FAQ
      • Research
      • Useful Links
      • News
PAGE TOP