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Oil prices little changed as markets look to OPEC+ meeting

  • 3 min
Oil prices remained stable in early Asian trading as markets anticipated an upcoming OPEC+ meeting where maintaining voluntary output cuts for the rest of the year will be discussed. Brent crude and West Texas Intermediate (WTI) crude prices saw slight increases, while trading was expected to be light due to public holidays. OPEC+ is likely to extend output cuts, affecting global oil demand and inflation.
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Tourists land car in stream while navigating through Google Maps

  • 2 min
Tourists following Google Maps accidentally drove their car into a stream in Kerala, leading to the vehicle being submerged. The group, from Hyderabad, India, were rescued by police and locals, with no injuries reported. The incident prompted cautionary guidelines from local authorities due to prior incidents in the region.
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Online portal for purchase of sacrificial animals launched

  • 3 min
The Punjab government launched an online portal for citizens to purchase sacrificial animals from their homes. The portal lists detailed information about the animals and ensures secure transactions. It also provides potential dates for Eidul Adha based on moon sightings. Eidul Adha commemorates Prophet Ibrahim's willingness to sacrifice his son and involves the slaughter of animals.
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Pakistan’s regional exports increase 20% in 10 months

  • 2 min
Pakistan's exports to seven regional countries increased by 20.61% in the first ten months of the financial year 2023-24, totaling $3,655.483 million. China led with the highest exports, followed by Bangladesh and Afghanistan. Imports from the same countries showed an increase of 26.77%, with China being the top importing country.
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We are ready if PTI intends to hold talks: Yousaf Raza Gillani

  • 2 min
Acting President Yousaf Raza Gillani stated that the PPP is open to talks with PTI and is ready to support the government. They are in discussions to join the government and seeking a farmer and youth-friendly budget. The PPP also emphasized that no bills or laws will pass without their involvement.
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PM Shehbaz reiterates Pakistan’s support for Chinese stance on Taiwan

  • 2 min
Prime Minister Shehbaz Sharif reaffirmed Pakistan's support for the Chinese stance on Taiwan, emphasizing commitment to the "One China" policy. He stated that Pakistan adheres to this policy, considers Taiwan part of China, and supports the Chinese government's efforts for national reunification. Taiwan's President also expressed willingness to engage in dialogue with China.
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PPP delegation meets PM Shehbaz, discuss federal budget

  • 2 min
A delegation from the PPP met with PM Shehbaz Sharif to discuss the upcoming federal budget. The PPP presented recommendations and demanded increased funding and development projects for Sindh, especially for flood-affected individuals. Prime Minister assured consultation on their demands, with senior government officials also present at the meeting.
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Hamas says it captured Israeli soldiers in Gaza; Israel denies

  • 3 min
Hamas claims to have captured Israeli soldiers in Gaza's Jabalia, but Israel denies this. The Hamas armed wing spokesman made the statement and released a video, while the Israeli military dismissed the claim. Talks are slated to resume next week following discussions between Israeli and international authorities. The conflict has resulted in casualties on both sides.
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Pakistan’s weekly inflation falls for sixth straight week

  • 2 min
Weekly inflation in Pakistan decreased by 0.34% for the combined consumption group, marking the sixth consecutive week of decline. Out of 51 items surveyed, 12 saw price increases, 18 experienced decreases, and 21 remained stable. Year-on-year inflation rose by 21.31%, with notable increases in gas charges, onions, and chilies powder, and decreases in bananas and wheat flour.
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Balochistan tube wells to be solarised by centre: Minister

  • 3 min
The federal government is committed to funding the solarization of agricultural tube wells in Balochistan. With concerns of limited electricity supply and rampant power theft, the Minister for Energy emphasized the need for support in combating these issues and assured strict action against those involved in illegal activities. The government aims to improve electricity supply for agricultural purposes in Balochistan.