Finance Minister Muhammad Aurangzeb said there was significant upside potential for Pakistan’s economic growth, inflation, foreign exchange reserves and interest rates in FY2026-27, provided the country does not have to contend with the second- and third-order effects of the conflict in the Middle East. “For the next year, we have the GDP growth number at […]
global tensions
PSX falls amid global tensions and trade deficit concerns
The Pakistan Stock Exchange came under pressure on Tuesday as selling returned after a brief rally, reflecting investor caution amid rising global tensions and domestic economic concerns. The benchmark KSE-100 Index dropped sharply in early trade, losing more than 1,300 points before partially recovering later in the session. During trading, the index fell to 162,532.98 […]
Pope Leo XIV urges Easter peace in Iran conflict
Pope Leo XIV has called for an end to the ongoing conflict involving the United States, Israel, and Iran before Easter, urging global leaders to prioritize dialogue and reduce violence. Read More: Pope Leo condemns war, says God rejects violent leaders Speaking to reporters as he departed from Castel Gandolfo near Rome, the pope expressed hope […]
Pakistan offers to host meaningful peace talks between US and Iran
Pakistan has offered to broker and host “meaningful talks” between the United States (US) and Iran in an effort to end the ongoing conflict, signaling growing international backing for its diplomatic initiative. Read More: Pakistan ready to host US–Iran talks: PM Shehbaz Foreign Minister Ishaq Dar, who also serves as deputy prime minister, said Islamabad is ready […]
Putin tests nuclear-powered Poseidon torpedo
Russian President Vladimir Putin announced on Wednesday that Russia successfully tested the Poseidon nuclear-powered super torpedo. He called the test a “huge success” and said it exceeded expectations. The test took place on Tuesday and marked a major step in Russia’s military capabilities. Putin said the Poseidon is an autonomous torpedo capable of carrying nuclear […]