According to the PBS, the overall annual inflation rate has reached 17.96% where the prices of 23 essential items increased, while 7 items decreased in price, and 21 items remained stable. The items that saw a significant price hike include onions (Rs 35.62 per kg), eggs (Rs 11.17 per dozen), garlic (Rs 16 per kg), […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.30 and Rs 280.40 respectively. The price of the Euro decreased by 64 paise to close at Rs 304.21 against the last day’s closing of Rs 304.85, according to the State […]
Addressing the inaugural ceremony of the 2nd International Food and Agriculture Exhibition in Karachi today, Shehbaz Sharif said agriculture exports of Pakistan have reached over three billion dollars and it is time we fix our next target to seven billion dollars of agriculture exports. He said the government is also taking initiatives to provide facilities […]
In March, FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing $8 billion from customers. “The order requires FTX to pay $8.7 billion in restitution and $4 billion in disgorgement, which will be used to further compensate victims for losses suffered as a result of the massive fraudulent scheme orchestrated by […]
According to the Auditor General of Pakistan’s audit report for 2023-24, eight power companies have incurred losses exceeding the stipulated limit, resulting in a massive loss of national kitty. The report highlights that the power companies’ losses exceeded the limit set by NEPRA, ranging from 8.84% to 20.16%. PESCO topped the list, causing a loss […]
According to details, PIA has issued a report regarding aircraft hit by birds in 2024 so far. According to the report, 38 bird-hit incidents were reported from January to June. The incidents were reported in Islamabad, Multan, Faisalabad, Gilgit, Sukkur, Jeddah and Dubai. The report added five out of the 38 PIA planes were damaged […]
Arshad ended Pakistan’s 32-year medal drought in the Olympics after bagging a gold medal with the longest throw of 92.97 meters. The 27-year-old set the Olympic record with a 92.97m throw in his second attempt, going past Norway’s Andreas Thorkildsen, who threw farthest at 90.57 during the 2008 Beijing Olympics. His throw was enough for […]
As per details, a petition was filed by citizen Mushkoor Hussain through advocate Nadeem Sarwar and named the federal government, Election Commission, President, and Prime Minister as respondents. The petition argued that the amendments to the Election Act were made to overturn the Supreme Court’s decision. The petitioner urged the Lahore High Court to declare […]
Deputy Governor Kazi Sayedur Rahman resigned in response to the protests, submitting a handwritten resignation letter to the central bank’s executive director. The agitating bank employees also got signs on plain papers from deputy governors Nurun Nahar, Khursheed Alam, and Habib ur Rahman. Two were forced to leave early after assuring the staff they would […]
Gaza’s Hamas-controlled civil defence agency said Israeli bombardment killed more than 18 people in strikes on two schools on Thursday, as Iran accused Israel of wanting to spread war in the Middle East. After a week-long pause in November, US, Qatari and Egyptian mediators have endeavoured to secure a second truce in the 10-month-old war […]
