KARACHI: Stocks snap­ped the five-day rally on Monday as the index shed 91.69 points (0.22pc) to close at 42,115.31. With just one session ending in the red in the last eight trading days, there was no apparent fatigue or the loss of investors’ interest in equities. However, the gathering clouds on the political scene spooked investors who were speculating on …

KARACHI: Pakistan Steel Mills (PSM) Chief Executive Officer Syed Shuja Hasan told a labour court on Monday that the mills could see further layoffs in the days to come since it has been slated for privatisation by the government and is not viable with its current labour force. The PSM management has already announced the sacking of 4,544 employees last …

cul ISLAMABAD: The Federal Board of Revenue (FBR) has asked field formations to establish help desks to receive manual requests for extension in filing tax returns to facilitate non-filers. The direction came ahead of the last date with a clear decision that no further general extension in the date will be granted to file income tax returns after Dec 8. …

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has urged the provincial governments to strictly monitor and bring down the prices of chicken. Presiding over a meeting of the National Price Monitoring Committee held at the Finance Division on Monday to discuss the prices and supply position of essential food items, he asked the …

Jennifer Aniston left her ex boyfriend John Mayer smitten with her immaculate beauty and fans have gone beserk! Eagle-eyed fans noticed Mayer liked a series of pictures of their pair posted to a fan page called  @JenniferAnistonFaniston. The photos are from Vanity Fair’s 2009 Oscars After Party, wherein the Friends alum can be seen rocking a   strapless beige gown and John looks dapper in …

Kristen Stewart got infected with the novel coronavirus, while shooting for Happiest Season, her co-star Aubrey Plaza confirmed. In a recent interview, Plaza said the LGBTQ+ Christmas movie was not really lucky for everyone. “Yes, right before COVID, in fact, COVID was on our set. Kristen got sick, but we didn’t know,” Plaza said on The Late Show With Stephen Colbert last …

US singer and songwriter Ann Marie has been taken into custody in connection to a shooting at a hotel last week. According to Atlanta Police, the shooting happened on December 01 at the Buckhead Hotel on Peachtree Road. The R&B singer was arrested on Wednesday and a case of possessing firearms and aggravated assault with deadly weapon has been lodged …

Cardi B has no patience for online hate and thus decided to clap back at netizens hating on her for wanting to buy an expensive purse worth $88,000. The issue initially arose on the micro-blogging site after the Grammy award-winning rapper posed the question to her fan base and asked, “Should I spend 88K for this damn purse? Omggg it’s …

Imran Abbas sent his thought and prayers Pakistan’s first female architect, Yasmeen Lari who is currently hospitalized. Turning to his Instagram, the Khuda Aur Mohabbat star shared the news about Lari fighting for her life in the intensive care unit while her husband passed away earlier today. “Prayers needed. Pakistan’s first female architect and a woman known for helping out tons of …

Selena Gomez is a strong advocate for mental health and believes having a solid support network is paramount in achieving safety, security and authenticity. The singer spilled the beans behind her thoughts on vulnerability and authenticity during an appearance at the Teen Vogue Summit. There she was quoted saying, “The whole theme of my last album was a lot of self-discovery, …