Nike Shares Rise as CEO’s Turnaround Plan Shows Early Signs, But Challenges Remain Nike’s shares climbed 3.4% in volatile after-hours trading following encouraging first-quarter results, as the company managed to reduce excess inventory and saw its wholesale revenues return to growth. The gains offer an early boost for CEO Elliott Hill’s strategy to restore Nike […]
Security Forces Kill 18 Terrorists in Balochistan Operations Quetta, Balochistan – Pakistani security forces conducted a series of operations in Balochistan targeting terrorists linked to Indian-sponsored networks. The first operation took place in the Gaza Band area on the outskirts of Quetta following reports of terrorist activity. Security forces engaged the militants at a Fitna-al-Khawarij […]
GPS Glitch Forces Aircraft to Make Safe Landing at Karachi Airport Karachi – An aircraft safely landed at Karachi Airport after experiencing GPS issues while flying at 3,000 feet, aviation sources confirmed. The pilot promptly alerted Karachi Air Traffic Control (ATC) about the problem, and with ATC’s guidance, the plane touched down safely on Runway […]
Low-Pressure System Near Karachi, Rain and Rough Seas Forecast in Sindh Karachi – A low-pressure area has formed about 310 km southeast of Karachi, over the northeast Arabian Sea, near the Saurashtra coast of Gujarat, India, the Pakistan Meteorological Department (PMD) reported on Wednesday. The system is expected to move westwards and could intensify into […]
Wafaqul Madaris Sets New Guidelines for Seminaries Karachi – The Wafaqul Madaris Council has announced new rules for its affiliated seminaries, emphasizing traditional education and peaceful conduct. In a recent meeting, the council declared that online education systems will not be recognized in its seminaries. It also took a firm stance against any form of […]
Luxury Car Stolen in UK Tracked to Karachi, Police Launch Recovery Efforts Karachi – A luxury vehicle reported stolen in Harrogate, UK, on 22 November 2022, has been traced to Karachi, prompting local authorities to step up recovery efforts. According to a letter shared by UK police, the car’s tracking system first lost signal in […]
Sindh Govt Launches Rs55.8 Billion Wheat Support Program for Farmers Karachi – Chief Minister Murad Ali Shah on Tuesday chaired a session on the wheat support program aimed at boosting food security and supporting farmers across Sindh. Speaking at the meeting, CM Shah announced a Rs55.8 billion package for wheat cultivation. Under the scheme, farmers […]
Crown Prince Mohammed bin Salman to Visit Pakistan, Key Agreements Expected Islamabad – Crown Prince Mohammed bin Salman of Saudi Arabia is set to visit Pakistan later this year, sources confirmed, with exact dates currently being finalized. During the visit, several important agreements between the two nations are expected to be signed, further strengthening their […]
Earthquake Jolts Malir, Tremors Felt Across Northern Pakistan Islamabad – Residents of Malir and surrounding areas were startled on Tuesday morning as a moderate earthquake struck the region. According to the Seismological Centre, the tremor hit at 9:34 a.m., registering a magnitude of 3.2 at a depth of 10 kilometers, with its epicentre located 7 […]
Pakistan Revises Fuel Margins, Keeping Prices High Despite Global Oil Dip Islamabad — The government has adjusted freight and dealer margins on petroleum products, keeping fuel prices elevated for consumers. Official documents reveal that the freight margin on high-speed diesel has been set at Rs6.19 per litre, with an additional 32 paisa per litre added […]