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Geopolitical friction drives gold down by Rs4,900
Gold prices in Pakistan retreated significantly on Monday, tracking a sharp downturn in the international market, as global investors navigated a volatile mix of geopolitical tensions and strengthening economic indicators. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs4,900 to settle at Rs501,162. This correction effectively wiped out the gains seen during the previous session on Saturday, when prices had climbed b...
Pakistan, Ethiopia agree to expand engagement
Federal Minister for Commerce Jam Kamal Khan and Ethiopian Ambassador Dr Oumer Hussein Oba held a detailed meeting to explore new avenues for strengthening bilateral trade and industrial collaboration, with a particular focus on expanding engagement across African markets, according to a statement issued on Monday. The commerce minister highlighted that recent bilateral interactions have created a "fresh foundation" to jointly explore broader opportunities across Africa. He proposed o...
Record premium paid on oil imports
Pakistan State Oil (PSO) has imported petroleum products at hefty premiums to meet the country's needs, but this high cost will put an additional burden on oil consumers, who are already reeling from exorbitant fuel prices. Amid US-Israel and Iran war, which has choked the Strait of Hormuz – a critical waterway for oil shipments, Pakistan has paid the highest-ever premium on the purchase of petroleum products, leading to higher oil prices in the country. PSO was paying a maximum prem...
Auto industry bucks SUV trend
Bucking the popular trend of rising Sport Utility Vehicle (SUV) sales seen in recent years, the Pakistani automotive landscape has exhibited a shift this quarter as economic pressures and changing consumer preferences steer demand back towards passenger cars. Despite a robust 44% year-on-year surge in overall industry volumes for the third quarter of fiscal year 2026, the sector's profitability is being squeezed by a deteriorating sales mix and rising operational costs. "Stable macros,...
CPEC 2.0, $1b AI fund to prop up digital economy
The ambition of Pakistan's government to build a knowledge-driven digital economy received a significant endorsement from the business community this week as the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) highlighted the combined power of CPEC 2.0 and the government's proposed $1 billion artificial intelligence (AI) fund in reshaping the country's economic future. With Pakistan's youth, roughly 63% of the population, sitting at the heart of this transformatio...
IFC to advise govt on 10m smart meters rollout
The Ministry of Energy (Power Division) has signed a Transaction Advisory Services Agreement (TASA) with the International Finance Corporation (IFC), a member of the World Bank Group, according to an official statement issued on Monday. Under the agreement, the IFC will act as transaction advisor and conduct a comprehensive techno-commercial assessment for a service-provider model or public-private partnership framework to support the large-scale rollout of smart metering infrastructure for 10...
PSX commences week with 1% slide
The Pakistan Stock Exchange (PSX) commenced the week with a stark downturn on Monday, as the benchmark KSE-100 index succumbed to selling pressure, shedding nearly 1,750 points to close around 172,200. The 1% decline effectively wiped out the recent momentum, largely driven by a cautious global atmosphere and escalating geopolitical tensions. At the close of trading, the KSE-100 posted a loss of 1,742.31 points, or 1%, and settled at 172,196.70. Arif Habib Limited (AHL) noted that Pakistan'...
Anne's special role at the late Queen's centenary - as the hardworking Princess Royal remembers the life of her beloved mother
Sign up for our Palace Confidential newsletter, direct from our royal experts - and we'll also send you an exclusive article on what the Queen really thought of Meghan. Get it HEREREAD MORE: CHRISTOPHER STEVENS reviews Queen Elizabeth II: Her Story, Our Century: Captured in an unseen ten-second clip, Queen Elizabeth's very essenceBy RUTH STAINER, REPORTER Published: 11:46, 20 April 2026 | Updated: 16:53, 20 April 2026 e-mail 83 View comments
Eric Holder accuses GOP of 'stealing seats' while defending 'fair' Democratic redistricting push
Top Virginia redistricting proponent and former Attorney General Eric Holder defended Democrats’ proposed changes to the Old Dominion’s congressional map, accusing Republicans of "stealing seats" in Missouri and Texas.Voters go to the polls Tuesday to decide whether to "restore fairness" — in the words of the Democrat-crafted referendum itself — by essentially approving a new congressional map that would redraw Virginia's districts to favor Democrats over Republicans 10-1.In a CBS News interview...
Elon Musk summoned in France to show up over deepfakes on X, Grok probe
Elon Musk did not appear on Monday for a voluntary interview with Paris prosecutors, who had summoned the American tech billionaire over a probe into his social media platform X and AI chatbot Grok. Prosecutors said they had “taken note of the absence of the first people summoned,” without mentioning Musk’s name. The billionaire had dubbed the French authorities “retards” weeks earlier in a French-language X post. “The presence or absence [of the people summoned] is not an obstacle to continuing...
Too Many Critics in partnership with OpenTable: Charity cook-off returns at Claridge's
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Tilak Varma smashes maiden IPL hundred to spark MI's revival vs GT
Tilak Varma smashes maiden IPL hundred to spark MIs revival vs GT
Days of Our Lives and Starship Troopers actor Patrick Muldoon dies aged 57
Days of Our Lives and Starship Troopers actor Patrick Muldoon dies aged 578 minutes agoShareSaveAdd as preferred on GooglePaul GlynnCulture reporterGetty ImagesUS actor and producer Patrick Muldoon, known for his roles in the famous soap Days of Our Lives and the movie Starship Troopers, has died at the age of 57, according to US media reports.Muldoon, who also starred in another hit 1990s US TV show, Melrose Place, died at home of a heart attack on Sunday, his manager confirmed to Deadline.He p...
Greece ditches new border rules for Britons after chaos across Europe
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Why Bayern Munich are celebrating titles with a cockatoo statue
Bayern Munich celebrated the Bundesliga title on Sunday, becoming Bundesliga champions after a 4-2 win over Stuttgart at Allianz Arena. There was no trophy for the players to lift. That will be presented following the final game of the season against Koln, amid the traditional showers of beer.But there was a cockatoo…Not a real one, but a porcelain statue, which the players passed around during the celebrations. Leon Goretzka posed with it placed on his shoulder. And, when the squad posed in fro...
One of TV News’ Most Respected Consultants Says Format Is Breaking, Needs to Change Quickly
When it comes to TV news, winning viewers’ trust is out, and making them passionate about what they watch is in. A media consultancy that had a hand in creating the format that ultimately became “Good Morning America” is warning TV-news organizations that they need to blow up their old models as soon as possible, […]
‘Memory of Princess Mumbi,’ Set in a Retro-Futuristic Africa Recreated With AI, Scores Istanbul Film Festival Top Prize
Swiss-Kenyan director Damien Hauser’s dystopian fable “Memory of Princess Mumbi,” set during 2093 in an imaginary Africa created with the use of artificial intelligence, scooped the Golden Tulip Award at the Istanbul Film Festival on Sunday. Set in the futuristic African country of Umata, “Memory of Princess Mumbi” is a playful meta-fiction that is part […]
Lee Anderson kicked out of Commons for calling Keir Starmer a liar in Mandelson debate
Lee Anderson kicked out of Commons for calling Keir Starmer a liar in Mandelson debateReform UK MP Lee Anderson has been kicked out of the Commons after accusing Keir Starmer of lying - it is against the rules to accuse other members of lying in the CommonsCommentsNewsSophie Huskisson Political Correspondent16:46, 20 Apr 2026Updated 17:02, 20 Apr 2026View 2 ImagesLee Anderson has been kicked out of the Commons(Image: Sky News)Lee Anderson has been kicked out of the Commons after accusing Keir St...
Competition gets stiff as JEE Main 2026 cutoff increases
JEE Main 2026 Cut-Offs Increased: To be eligible, a candidate must be among the top 2.50 lakh successful candidates in the Paper 1 of JEE Main 2026, with the category-wise distribution being 10% for GEN-EWS, 27% for OBC-NCL, 15% for SC, 7.5% for ST, and the remaining 40.5% open for all, with a 5% horizontal reservation for PwD candidates within each category.
TV News Goes Crazy for Creators: Will Digital Mavericks Add Life to Old Format or Wipe it Out?
Alex Wagner has returned to primetime hours on MS NOW — but not in the way viewers might expect. Wagner is among a bevy of hosts from progressive outlet Crooked Media who can be seen on MS NOW every Saturday night at 9 in clips from the collective’s sundry podcasts. When Wagner held forth as […]