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Pakistani traders stand beneath an electronic board displaying share prices at the Pakistani Stock Exchange (PSX). — INP/FileInvestor confidence soared on Tuesday as Pakistan’s equity market extended its blistering rally, lifted by a combination of renewed calm following the Pakistan-India ceasefire, a substantial funding boost from the International Monetary Fund (IMF), and anticipated income tax relief in the upcoming federal budget.The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index settled at 118,575.88 points, up 1,278.15 points, or 1.09%, from the previous close of 117,297.73. During the session, the index surged to an intraday high of 120,067.12 points, gaining 2,769.39 points, or…

Kate Winslet’s daughter clears out ‘nepo baby’ misconception Kate Winslet’s daughter Mia Threapleton has recently addressed ‘nepo baby’ claims.The 24-year-old actress, who got her first role opposite her mother in I Am Ruth movie, clarified the misconception about getting benefit from her famous parents. “I feel like it’s a misconception about me, considering who my mother is, that I grew up going to set or that I would know anything about this world because of her and what she does,” explained Mia, via DailyMail.com.Mia, whose father is movie director Jim Threapleton, said, “That is not the case at all. I…

Kanye West, who now goes by Ye, has drawn widespread attention after tweeting “FREE GAZA” from his official X (formerly Twitter) account, igniting intense reactions across social media. Supporters praised West for using his platform to spotlight the humanitarian crisis in Gaza, some saw it as a call for Palestinian liberation, others questioned the motive behind the post, given West’s controversial public history. This tweet adds to a long list of provocative statements from West, whose social media presence has repeatedly made headlines — from political endorsements to inflammatory remarks that have drawn both support and backlash. His online activity often fuels…

Shai Gilgeous-Alexander of the Oklahoma City Thunder shoots the ball in the Thunder’s victory over the Denver Nuggets in game four of their NBA playoff series. —AFP/FileLOS ANGELES: The Indiana Pacers thrashed the Cleveland Cavaliers 129-109 to take a 3-1 stranglehold on their NBA playoff series on Sunday as Oklahoma City edged Denver to level their series at two games apiece.Pascal Siakam scored 21 points to lead seven Pacers players in double figures as Indiana pushed Eastern Conference top seeds Cleveland to the brink of elimination in their best-of-seven conference semi-final. There were no such offensive fireworks in Denver, where…

After a brief suspension due to regional tensions, the HBL PSL X is all set to roar back to life on Saturday, 17 May, with Karachi Kings taking on Peshawar Zalmi at Rawalpindi Cricket Stadium. This marks the long-awaited resumption of the high-octane six-team tournament, which will now culminate with the final on 25 May at Gaddafi Stadium, Lahore. Fans in Rawalpindi will be treated to a double-header on 18 May. The Multan Sultans will clash with Quetta Gladiators in the afternoon, while the evening will see an electrifying showdown between Peshawar Zalmi and Lahore Qalandars. The group stage wraps…

NBC is bringing back the NBA — and with it, a living legend. Michael Jordan, the six-time NBA champion and five-time MVP, is officially joining NBC Sports as a special contributor to its upcoming NBA coverage. The network made the surprise announcement Monday during its annual Upfronts, revealing a short nostalgic video of Jordan’s iconic moments on the court. The moment lit up social media, with NBC posting, “A legendary addition to our team! We’re thrilled to welcome Michael Jordan as a special contributor to the NBA on NBC and Peacock.” A legendary addition to our team!We’re thrilled to welcome…

Pakistan Tehreek-e-Insaf provincial President Junaid Akbar seen in this image. — Facebook@Junaid Akbar Khan/FileIn line with the directions of incarcerated PTI founder Imran Khan, Junaid Akbar — former ruling party’s Khyber Pakhtunkhwa chapter president — on Tuesday stepped down as chairman of the Public Accounts Committee (PAC).Akbar said that he had handed over his resignation to PTI Chairman Barrister Gohar Ali Khan, saying the position was a trust given by the party and he was stepping down as per its instructions. He stated that any decision taken by the PTI founder, Imran Khan, would be accepted by him. Meanwhile, PTI…

Renowned French actor Gérard Depardieu was convicted on Tuesday by a Paris court for sexually assaulting two women during the filming of a 2021 movie in which he starred. The 76-year-old was handed an 18-month suspended sentence and will be added to France’s national sex offender registry. Depardieu, who did not appear in court for the ruling, was also ordered to pay €15,000 (around $17,000) in damages to one of the victims, and €14,040 to the other to cover medical expenses. His legal team has confirmed he will appeal the verdict. The decision marks a watershed moment in France’s reckoning…

Listen to article At least 57 children in Gaza have died from the effects of malnutrition since the start of the aid blockade on March 2, the World Health Organization (WHO) said on Tuesday. Richard Peeperkorn, WHO representative for the West Bank and Gaza, described the current situation as “one of the world’s worst hunger crises,” caused by deliberate restrictions on humanitarian aid, including food and medical supplies. Speaking at a UN briefing in Geneva, Peeperkorn said the entire population of Gaza — around 2.1 million people — is at critical risk of famine after 19 months of war, displacement, and access limitations.…

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority stake in Lotte Chemical Pakistan Limited by AsiaPak Investments Limited (APIL) and Montage Oil DMCC (MOD). Under a share purchase agreement with Lotte Chemical Corporation, APIL and MOD will equally divide the acquired shareholding in Lotte Chemical Pakistan. The CCP has assessed the transaction’s impact on the market for purified terephthalic acid (PTA), a key input for the polyester industry. APIL and MOD are not currently involved in the production of PTA. Therefore, the acquisition does not alter the existing market concentration. The assessment found no…