PTI Chairman’s prison trial in the cipher case is void by the IHC
ISLAMABAD: On Tuesday, the Islamabad High Court (IHC) revoked the notice from August 29 to hold Imran Khan’s prison trial in the cipher case. Khan is the chairman of the Pakistan Tehreek-e-Insaf (PTI). The IHC had postponed ruling on Imran Khan’s intra-court appeal to avoid being tried in jail forRead More →
Gas prices went up.
The federal government authorized on Monday a hike in natural gas prices for several customer categories, effective November 1, 2023. The Oil and Gas Regulatory Authority’s (OGRA) recommendations served as the basis for this judgment. The Cabinet’s Economic Coordination Committee (ECC) had already decided to increase natural gas prices onRead More →
The KSE-100 Index in Pakistan Exceeds 52,000 for the First Time in Six Years
The primary KSE-100 Index broke beyond the 52,000 mark on Tuesday, marking a good trend for the Pakistan Stock Exchange (PSX) after rising by more than 500 points. The index increased by 521.43 points, or around 1.01%, to 52,004.35 at 12:30 p.m. Brokerage business Arif Habib Limited pointed out thatRead More →
Petroleum prices are likely to fall beginning October 1. Will the government walk the walk?
ISLAMABAD : Petroleum prices are expected to drop starting tomorrow (Oct. 1) as a result of the Pakistani rupee’s considerable strengthening versus the US dollar. According to sources, there has been a decline in petroleum prices on the global market, and it is hoped that the government would lower theRead More →
Israeli and Saudi progress on a “framework” agreement: US
(AFP) – The White House announced on Friday that Israel and Saudi Arabia are nearing an agreement to normalize relations after decades of enmity. President Joe Biden hopes to alter the Middle East — and score an election-year diplomatic success — by gaining Saudi Arabia’s recognition of the Jewish state,Read More →
Biden advises UAW to demand a 40% wage increase during the Michigan strike visit.
BELLEVILLE, Michigan Reuters: President Joe Biden joined autoworkers on a picket line in Michigan on Tuesday to back their demand for a 40% wage hike, saying they deserve “a lot more” than they are now receiving. The Republican front-runner for president, Donald Trump, will address auto workers in Michigan theRead More →
Pakistan has received its first LPG shipment from Russia.
Pakistan has received its first supply of Russian liquefied petroleum gas (LPG), marking the country’s second significant energy agreement with Moscow.The arrival of this large LPG supply follows Pakistan’s earlier reception of Russian crude oil, demonstrating the two countries’ expanding energy relationship.The Russian embassy in Islamabad acknowledged the delivery ofRead More →
Female Pickpocket Gang Arrested in BRT Peshawar for Preying on Women
A four-member female gang known for preying on female commuters in the Bus Rapid Transit (BRT) has been captured by the Peshawar police, marking a significant victory.On Tuesday, the arrests were made public, putting light on a wave of thefts of cash, jewelry, and cell phones.Two of the gang membersRead More →
PayPal and Stripe are being discussed for Pakistan, according to the IT Minister
Dr. Umar Saif, the interim federal minister for information technology and telecommunication, stated on Tuesday that the government is in discussions with Stripe and PayPal about providing services in the nation.Speaking to journalists in Islamabad, the minister emphasized the need of bringing PayPal to Pakistan in order to assist independentRead More →
Interim Energy Minister Announces Plan to Lower Costs of Electricity
Caretaker Muhammad Ali, the federal minister of energy, stated on Monday that adding Thar coal and renewable energy sources to the energy mix will increase the energy mix and lower power rates.The minister told the media that the government was considering privatizing all former Wapda distribution businesses (DISCOs) under aRead More →