Stocks surge past 50,000-point barrier

KARACHI: Bulls were back in driving seat at the Pakistan Stock Exchange (PSX) on Thursday as the market surged over 900 points and comfortably crossed the 50,000 barrier over expectations of a decrease in State Bank’s policy rate in the…

Deal inked for port development

ISLAMABAD: Pakistan and China have signed a new advisory deal for faster development of Gwadar Port aimed at giving a push to the strategically important pillar of the China-Pakistan Economic Corridor (CPEC) that is facing inordinate…

Reconduct of MDCAT exam recommended

KARACHI: The inquiry committee tasked with investigating the Medical and Dental Colleges Admission Test (MDCAT) paper leak has recommended action against those responsible besides re-conducting the exam. The recommendation was made in a…

SBCA team attacked

KARACHI: Officials from the Sindh Building Control Authority (SBCA) faced resistance while trying to raze illegal constructions in Central District on Sunday. According to the SBCA, unidentified men attacked the SBCA demolition team in…