S&P Global Ratings affirmed its ‘CCC+’ long-term sovereign credit rating and ‘C’ short-term rating on Pakistan. The outlook on the long-term rating is stable. The IMF deal is expected to bring improvement in foreign exchange reserves, which will help Pakistan to meet its debt obligations. However, Pakistan is still dependent on rollovers to maintain its […]
Petroleum prices likely to decrease by up to Rs11 per litre from the next fortnight The petrol price may drop by Rs5.50 per litre, while high-speed diesel (HSD) could see a reduction of up to Rs11 per litre. Kerosene is expected to become cheaper by Rs5.84 per litre, and light diesel oil may decrease by […]
Islamabad High Court (IHC) has directed the Capital Development Authority (CDA) to de-seal the Pakistan Tehreek-e-Insaf central secretariat. During a hearing of the PTI petition to de-seal its office, the IHC overturned the orders of the CDA and directed the authority to immediately re-open it. The court also directed the PTI to put in place […]
It could chance to win prizes, including a grand prize of Rs700,000, plus several 2nd and 3rd prizes, this is an opportunity you don’t want to miss. The 47th balloting of the Rs100 prize bond will be held in Karachi on August 15, 2024 (Thursday). 1st Prize: 700,000 rupees for 1 winner 2nd Prize: 200,000 […]
A retired Lieutenant Colonel Akbar Hussain has been convicted and sentenced by a Field General Court Martial (FGCM) under the Pakistan Army Act, 1952, for inciting sedition among army personnel, according to Inter-Services Public Relations (ISPR). The court found him guilty on May 10, 2024 and sentenced him to 14 years of rigorous imprisonment. His […]
The CPO Rawalpindi submitted these reports and details of the cases filed against Bushra Bibi were presented in the Islamabad High Court. During the hearing regarding the provision of case details against Bushra Bibi, the NAB prosecutor submitted a response per the court’s order, revealing that four cases have been registered against her with NAB, […]
Pakistan exported pharmaceutical products worth US$ 341.023 million during July-June (2023-24) as compared to the export of US$ 328.210 million during July-June (2022-23), showing a growth of 3.90 percent, according to the Pakistan Bureau of Statistics (PBS). In terms of quantity, the export of pharmaceutical goods also rose by 44.38 percent from 59,213 metric tons […]
Jamal, in an interview with a local news outlet, was asked to share his take on the captaincy of Babar and Shan. In response to the question, the all-rounder, who made his T20I and Test debut under Babar Azam and Shan Masood’s leadership respectively, stated that both the captains have different mindsets and approach the […]
According to the NEPRA spokesperson, the ‘NEPRA Asaan Approach’ will be launched across Pakistan, tomorrow. NEPRA Asaan Approach is an app for electricity consumer where they can submit complaints of electricity issues and they can also track their complaint by their tracking ID which is generated when they apply. Read more: Labourer pays Rs56K electricity […]
CM Maryam gave formal assent to make new corridors in the province in a special meeting. Chairing a meeting in Lahore today, Maryam Nawaz said that these road corridors connecting major cities will facilitate public transportation and bring economic development to these areas. The meeting was told that the project will be completed in December […]
