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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: drops, KSE 100, points, political uncertainty, PSX, receiving profits, remittances are increasing, Stock Exchange, turbulent, UAE$2 billion turnaround, week

January 12, 2025

News Desk

Turbulent week: PSX drops 4,340 points

Listen to the article KARACHI: Pakistan’s stock market faced a turbulent week, with the KSE-100 index closing at 113,247 points — a sharp drop of 4,340 points (-3.7%) on a weekly basis. This downturn has stemmed from institutional profit-taking, political uncertainty and recent tax amendments that limit non-filers’ participation in the Pakistan Stock Exchange (PSX). Despite these challenges, some positive economic indicators emerged, including the World Bank’s expected approval of a $20 billion loan package, the UAE’s $2 billion debt rollover and a 33% year-on-year increase in remittances to $17.8 billion dollars in the first half of FY25. In addition,

January 7, 2025

News Desk

TV producer Jane Featherstone drops a bombshell about the ‘reality’ of BBC shows

TV producer Jane Featherstone drops a bombshell about the ‘reality’ of BBC shows An English television producer, Jane Featherstone, revealed this recently BBC struggles with budget issues, leaving many scripted shows under its belt unfunded. The 55-year-old head of Sister, the company behind Black Pigeonsshared it BBC has “a lot of shows they can’t fund.” Jane, who has worked on many BBC shows and Netflix hits, made the comment during a British parliamentary inquiry into television and film. Sharing the details with the Culture, Media & Sport Commission (CMSC), he quipped: “The BBC can answer for that, but I know

January 3, 2025

News Desk

Aussie drops below 62 US cents amid strong US strength, China volatility

Listen to the article The Australian dollar experienced a significant decline, sinking below 62 US cents on Wednesday and reaching a low of 61.84 US cents on Thursday morning. Despite a slight rebound on Friday, the currency has been on a steady downtrend since September 2024, when it settled at 69.32 US cents. This is the first time the Australian dollar has fallen below 62 US cents since 2022. Economists attribute the weakening Australian dollar to a combination of a strong US dollar and instability in the Chinese economy. The US dollar has strengthened in recent weeks, helped by the

December 25, 2024

News Desk

Pakistan’s default risk drops by 88%: report

A picture shows US$100 bills taken in Tokyo, August 2, 2011. — Reuters Improvement based on stabilizing macroeconomic indicators. The healthier external account also plays a role in growth. Miftah Ismail says “it’s great that the risk has gone down so much”. KARACHI: Pakistan’s perceived default risk has come down sharply, as reflected by an 88% drop in five-year credit default swaps (CDS) to 1,493 basis points (bps) from their peak in November 2022, brokerage Topline Securities says . He adds that the improvement is due to the stabilization of macroeconomic indicators and the healthier external account. Foreign reserves have

December 20, 2024

News Desk

Netflix drops BTS look in ‘Peaky Blinders’ movie along with exciting news

Netflix drops BTS look in ‘Peaky Blinders’ movie along with exciting news of Netflix Peaky Blinders The shooting of the film has officially been completed. The upcoming Netflix movie titled, The Immortal Man, continues the story of the Shelby family from where the famous TV series ended and takes place during World War II. The show’s official Instagram handle along with Netflix shared a joint post on Thursday. Along with a behind-the-scenes look at the film, it was announced that the film has officially finished shooting. The behind-the-scenes photo shows Cillian Murphy, reprising his iconic role as Tommy Shelby, smiling

December 17, 2024

News Desk

Lily Allen drops a bomb about her wedding

Lily Allen drops a bomb about her wedding It looks like Lily Allen’s marriage is in jeopardy as she recently made shocking claims about her mental health and the opposite sex. The 39-year-old singer and her husband David Harbor have faced rumors their marriage is in trouble after Allen claimed he was “not in a good place mentally”. According to Daily Mail, Allen had been going to therapy to process her emotions after moving to New York with her children, Ethel Mary, 13, and Marnie Rose, 11, and her husband. However, in 2023, rumors of their relationship started when she

Nationwide campaign begins to manage polio drops in 45 million children

A girl receives a polio vaccine during a three-day vaccination campaign on November 29, 2020. —Reuters Teams from the Ministry of Health go door to door. The campaign will run from October 28th to November 3rd. The Prime Minister emphasizes the urgent need to fight against wild polio. ISLAMABAD: The government on Monday launched a week-long nationwide polio vaccination campaign, aiming to administer the polio vaccine to more than 45 million children. Strengthening Pakistan’s commitment to polio eradication, the Pakistan Polio Program launched the vaccination campaign to counter the resurgence of wild poliovirus and protect millions of children under the

October 18, 2024

News Desk

Al Pacino drops bombshell about his darkest days: ‘The Swing of the Pendulum’

Al Pacino drops bombshell about his darkest days: ‘The pendulum had swung’ Al Pacino, a famous veteran actor, has shed light on the dark days of his career after losing all his money in a Ponzi scheme. In his recently published memoir Sonny Boy, Pacino revealed that at one point in his life he had $50 million but lost it all to his corrupt accountant, who eventually ended up in prison for his crimes. Sharing the details, the Oscar-winning actor quipped that he started “getting warnings that my accountant at the time, a guy who had a lot of celebrity

October 5, 2024

News Desk

Todd Phillips drops a bombshell about the Joker’s true identity

Todd Phillips drops a bombshell about the Joker’s true identity Joker: Folie à Deux The ending was a shock to many. However, what was even more shocking was the confirmation of who Gotham’s true madman was — it certainly wasn’t Arthur Fleck. In an interview with IGNdirector Todd Phillips said that Arthur was never meant to be Batman’s Joker in the first place. “One of the things people never understood about the first movie was, ‘I don’t get it. He’s visiting Bruce Wayne and he’s 30 years older than Bruce Wayne,” the 53-year-old said. The director said the title of

October 3, 2024

News Desk

Bill Gates drops to No. 12 on Forbes’ list of richest people

Bill Gates, co-chairman of the Bill & Melinda Gates Foundation, attends a press conference at the 2022 World Economic Forum (WEF) in the alpine resort of Davos, Switzerland, May 25, 2022. — Reuters After nearly two decades of ranking as either the richest or second-richest person on the annual Forbes 400 list of America’s richest people since 1990, billionaire Bill Gates no longer even makes the publication’s top 10 list. Gates, although he has a huge fortune of $107 billion, his new ranking in the new Forbes The list has dropped to No. 9 this year, from No. 6 a

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