MUMBAI: The Indian central bank likely stepped in to the foreign exchange market on Wednesday to support the rupee, three traders told Reuters, as maturing contracts in the non-deliverable forwards market exerted pressure on the currency. The Indi…

Rupee’s Performance Against US Dollar Since 04 March 2025 The Pakistani rupee gained against the US dollar in the inter-bank market on Wednesday. At close, the local currency settled at 278.36, a gain of Re0.01 against the greenback. On Tuesday , …

England captain Ben Stokes and bowler Gus Atkinson have both been left out of the second test against New Zealand starting next week following an investigation into an incident in a London nightclub, the ECB said on Wednesday. Former captain Joe R…

MUMBAI: In an era dominated by hyper-violent blockbusters and larger-than-life action spectacles, Indian filmmaker Imtiaz Ali believes young audiences are searching for something deeper – love that lasts. The director behind cult romantic dramas s…

The federal government has revised the schedule for the presentation of the Federal Budget for fiscal year 2026-27, with Finance Minister Senator Muhammad Aurangzeb set to unveil the budget in the National Assembly on June 12. According to an anno…

The Supreme Court on Wednesday acquitted the principal convicts in the 2012 Baldia Town factory fire case, overturning the death sentences previously awarded to Abdul Rehman alias Bhola and Zubair alias Charia. A three-member bench headed by Justi…

MUMBAI: Indian gold prices dropped nearly 2% on Wednesday to their lowest since early May, falling below pre-duty-hike levels following a sharp decline in global bullion prices. The price correction could boost gold demand in the world’s second-bi…

DUBAI: Saudi Arabia’s Future Investment Initiative Institute, which every year hosts an annual summit that draws Wall Street titans to Riyadh, has named Princess Maha Al Saud as its chief executive. Apart from the annual Riyadh event, the initiati…

Sri Lankan shares closed lower on Wednesday, resuming their recent decline after a brief rebound in the previous session, hurt by losses across sectors. The CSE All Share index settled down 0.40% at 21,461.47, giving up part of the previous sessio…

Indian asset management companies can disclose executive and high-earner pay on a consolidated basis instead of on an individual basis, the country’s markets regulator proposed on Wednesday. The Securities and Exchange Broad of India proposed that…