ISLAMABAD: In a long outstanding major development, the National Electric Power Regulatory Authority (Nepra) on Monday approved an 18-month roadmap to the electricity stock exchange — Competitive Trading Bilateral Contract Market (CTBCM) — to convert the existing captive (single buyer) electricity market into a liberal multi-buyer environment. Conceptually, this would mean the power generators and purchasers will have freedom to …

NEW YORK: Wall Street followed world equity indexes to record levels and crude prices surged on Monday, as promising developments toward a coronavirus vaccine and the prospect of improved trade relations under President-elect Joe Biden gave a jolt to investor risk appetite. All major US stock indexes touched all-time highs and crude prices jumped more than 10 per cent. Pfizer …

KARACHI: Stocks re­mained range bound on Monday with the KSE-100 index finishing off the session with tiny gain of 54.43 points (0.13 per cent) at 40,784.04. While the international equity and oil markets were celebrating the victory of Joe Biden, the local bourse joined in early hours as the index jumped to intra-day high by 212 points. But then, the …

KARACHI: As the government trumpets decline of Rs15-20 per kg in the price of sugar in coming days, the wholesale rates of the sweetener has further swelled to Rs99-100 per kg from Rs98 per kg. Wholesale sugar price has already witnessed a jump of Rs5 per kg ahead of Rabi ul Awal to Rs98 per kg despite frequent imports by …

British singer Tom Parker and wife Kelsey Hardwick recently welcomed a new addition into their family, only weeks after the musician’s cancer diagnosis. Opening up about his newborn son and how he embraced fatherhood in the midst of his battle with cancer, The Wanted member, 32, said that he lost control of his emotions. Talking to OK! UK, Parker said: …

Katy Perry touched upon what she did right after Joe Biden got elected as the 46th President of the United States of America. “The first thing I did when the presidency was called is text and call my family members who do not agree and tell them I love them and am here for them. #FamilyFirst. Call your family today. …

Kerry Washington came to Eva Longoria’s defence after she was criticised for making disrespectful remarks about Black women voters. It all started when the Desperate Housewives star made an appearance on a TV show wherein she degraded Black women calling Latinas as the ‘real heroines’ behind Joe Biden’s win. “The women of color showed up in big ways,” she said at the …

Larsa Pippen came forth addressing all the rumours about Tristan Thompson cheating on Khloe Kardashian with her. The ex-Miami Housewife  told the Hollywood Raw podcast that she was already dating Tristan even before he had met Khloe. “I was kinda seeing Tristan before Khloé. Before Khloé or any of them knew he existed. I was seeing him, I had him come to LA, I …

After the reports of a man marrying himself in  Brazil took the internet by storm, Pakistani actor Imran Ashraf has also reacted to the matter  hilariously. The actor re-shared the news on his Instagram account where his famous dialogue from his recent play “Ranjahaa Ranjhaa Kardi” was mentioned in the caption: “Mein hoon aur mere sath bhi mein hoon“. The …

Hollywood star Eva Longoria had recently riled up the internet after her comments about Latina women being the reason Joe Biden got elected as president. Turning to her Twitter, Longoria issued a clarification for the statement she made during an interview on MSNBC on Sunday. “I’m so sorry and sad to hear that my comments on MSNBC could be perceived …