All personnel aboard a Pakistan Army Aviation Mi-17 helicopter were martyred after the aircraft crashed near Muzaffarabad during take-off, the military’s media wing said on Wednesday. According to the Inter-Services Public Relations (ISPR), the he…

KUALA LUMPUR: Malaysian palm oil futures closed higher on Wednesday, after falling in the previous session, driven by stronger export demand and a decline in May output. The benchmark palm oil contract for August delivery on the Bursa Malaysia Der…

MUMBAI: Short-term Indian government bond yields fell to their lowest in three months on Wednesday, steepening the yield curve to a one-year high on expectations that banks will invest funds raised under the RBI’s dollar inflow measures in this se…

NEW DELHI: India does not have surplus manufacturing capacity in textiles and steel as alleged in the U.S. Trade Representative’s Section 301 investigation, trade official Amitabh Kumar said on Wednesday. Washington has cited structural excess cap…

The Pakistan Meteorological Department (PMD) on Wednesday forecast dust storms, gusty winds, rain and thunderstorms across large parts of the country from June 11 to 13, warning of possible urban flooding, landslides and damage to vulnerable infra…

Minister for Information and Broadcasting Attaullah Tarar on Wednesday said at least 26 Indian-sponsored terrorists have been killed in precise and calibrated strikes carried out on hideouts and safe havens of masterminds and planners belonging to…

Gold prices in Pakistan decreased on Wednesday in line with their loss in the international market. In the local market, gold price per tola reached Rs442,436 after a decline of Rs12,627 during the day. Similarly, 10-gram gold was sold at Rs378,17…

BANGKOK: The Thai baht weakened against the US dollar on Wednesday. At 0205 GMT, the baht was 0.24% lower at 32.97 versus the dollar, after trading in a range of 32.910 to 33.010. It ended the previous session at 32.885 per dollar, as per LSEG data.

President Asif Ali Zardari has approved the summoning of sessions of both houses of parliament on June 10, according to an official statement issued on Tuesday. Under the approval, the National Assembly session will convene at 5:00pm, while the Se…

BENGALURU: The Indian equity market’s sudden drop to seventh in the global market cap rankings has sent shudders through Dalal Street, with AI singled out as a decisive factor. But does blame lie solely with India’s lack of AI champions, or are th…