Today, at the United Nations General Assembly Session (UNGA), the Pakistani delegation depicted a strong protest against Israel’s bombardment on Gaza by walking out of the session when Israeli Prime Minister, Benjamin Netanyahu, was invited to speak at the podium. The Pakistani delegation including Prime Minister Shehbaz Sharif staged an all-out walkout from the UNGA […]
Pakistan Stages Walkout as Netanyahu Speaks at UNGA Read More »
Due to the impact of stringent IMF conditions, the Pakistan Stock Exchange (PSX) witnessed a bearish trend today, stirring concerns among investors. Key measures by the IMF, including the removal of energy subsidies, strict control on government spending, privatization of state-owned enterprises (SOEs), and tax reforms, are contributing factors. Courtesy: Pakistan Stock Exchange (PSX) These
Investor Anxiety Rises: PSX Index Slips 365 Points Amid IMF Policy Fears Read More »
In a recent development of IMF bailout package of $7 billion to Pakistan for 37 months, it has been reported that the package comes with more strict economic conditions for Pakistan. The IMF has clearly mentioned to Pakistan that no further reduction in the prices of electricity as a subsidy will be given, as seen
IMF Bailout Brings Tough Economic Conditions, No Further Relief in Electricity Prices! Read More »
The month of September has begun on good terms in terms of the gold prices in Pakistan. However, the gold prices in Pakistan today have seen a sharp increase as compared to Sep 26,2024. According to Pakistan Sarafa Association, “the price of gold (24 carats) is Rs 280,700 (per tola), while the price of 10
Gold Prices in Pakistan Today – Sep 27, 2024 Read More »
Citizens of Rawalpindi and Islamabad have taken a sigh of relief from consistent hot temperatures after heavy rains occurred yesterday in twin cities. Courtesy: The Express Tribune The rains followed by thunderstorms and lighting at night and in the early hours of today have dropped the temperatures of twin cities to a considerably low degree.
Twin Cities Receive Consistent Rains From Sep 27 to Oct 1, PMD Issues Advisory Alert! Read More »
Regarding the recent attacks of Israel on Lebanon, the U.S., France and major key allies have issued an emergency alert urging for an immediate “21-days ceasefire” across the Israel-Lebanon border. The countries, involve in calling for a ceasefire, fear that this Israel-Lebanon war has a potential to spread beyond the Middle-Eastern region. Hence, a ceasefire
NO Ceasefire in Sight! Netanyahu Pledges Full Force as Israel Battles in Lebanon Read More »
Azerbaijan has officially announced the induction of the JF-17 Thunder Block III aircraft, a remarkable product of collaboration between Pakistan and China. This significant milestone was celebrated on September 25 when the aircraft was presented to Ilham Aliyev, the President and Supreme Commander-in-Chief of Azerbaijan, at the Heydar Aliyev International Airport. The JF-17 Thunder Block
Azerbaijan’s Thunder Strikes! JF-17 Thunder Block III Now Bolstering Read More »
In a significant move, a Senate committee gave the green light to key amendments in the State Bank of Pakistan (SBP) Act on Wednesday. These changes are set to reshape how commercial banks operate in the country’s underdeveloped regions, Khyber-Pakhtunkhwa (K-P) and Balochistan. The new SBP amendments require banks to lend at least 60% of
SBP Act Amendments Pass Senate Committee as Opposition Mounts Read More »
Food is one of the most basic necessities of human beings. To manage bread and butter is the biggest challenge of masses especially in under developed countries. In Pakistan highest inflation rate 38.5% was recorded in year 2023 since the country got its independence. Courtesy: The News International However, food inflation significantly reduced in year
Food Inflation in Pakistan Drops to 2.46% in 2024, Beating Regional & Global Averages Read More »
The month of September has begun on good terms in terms of the gold prices in Pakistan. However, the gold prices in Pakistan today have seen a sharp increase as compared to Sep 25,2024. According to Pakistan Sarafa Association, “the price of gold (24 carats) is Rs 279,000 (per tola), while the price of 10
Gold Prices in Pakistan Today – Sep 26, 2024 Read More »
