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Gold prices fall in Pakistan following global market downturn

  • 2 min
Gold prices in Pakistan saw a decline following global market trends. According to All Sindh Sarafa Jewellers Association, the per tola gold price dropped to Rs248,500, a decline of Rs1,900. Similarly, the 10-gram gold price fell to Rs213,048 after a decrease of Rs1,630. International gold prices also dropped to $2,418 from $2,439.
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Pakistan’s GDP remained 2.8pc in FY2023-24

  • 2 min
Pakistan's National Accounts Committee (NAC) has approved the economic targets for FY2023-24, with the GDP growth rate remaining at 2.38%, lower than the set target of 3.5%. Q3 of FY 2023-24 saw a stable 2.09% growth, with positive contributions from agriculture and industry, despite a negative growth in the construction industry.
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Wheat scandal: PM Shehbaz Sharif suspends four officers

  • 3 min
Prime Minister Shehbaz Sharif suspended four officials of the Ministry of National Food Security over poor planning and negligence in the recent wheat import scandal. The scandal, involving the import of 3.4 million metric tons of wheat despite a domestic surplus, has raised concerns of corruption and accountability. An inquiry committee has been formed to investigate the matter.
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PTI founder acquitted in vandalism cases

  • 2 min
Pakistan Tehreek-e-Insaf founder Imran Khan and others have been acquitted in the Azadi March vandalism case by an Islamabad sessions court. The court ruled that the FIR was filed by an unauthorized person, and the allegations against Khan were baseless, leading to the acquittal. This follows previous bail granted by the Islamabad High Court in a separate case.
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KP govt moves SC for live telecast of NAB amendments case

  • 3 min
The Khyber Pakhtunkhwa (KP) government has submitted a petition to the Supreme Court, requesting live telecast of the National Accountability Bureau (NAB) Ordinance 1999 amendment case, highlighting the absence of live-streaming as discriminatory. This follows the top court's decision to permit video-link participation in the case, a move that wasn't broadcasted live on the Supreme Court's YouTube channel. The federal government has also filed a review plea in the same case, urging the nullification of the top court's decision.
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Gold rates continue to go up in Pakistan

  • 2 min
Gold rates in Pakistan increased, with 24 karat gold per tola rising by Rs 2,300 to Rs 250,400 and 10 grams by Rs1,972 to Rs 214,678. International market prices also saw a rise, hitting a record high due to expectations of a U.S. interest rate cut. Silver remained constant at Rs 2,850 per tola.
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Balochistan Assembly demands LPG plants in province

  • 2 min
The Balochistan Assembly passed a resolution demanding the installation of Liquefied Petroleum Gas (LPG) plants in the province due to limited natural gas access and load shedding. The resolution highlights that only 2% of the population in Balochistan uses natural gas, which is primarily sent to other provinces. The assembly seeks government intervention on this issue.
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More Pakistani students repatriated from violence-hit Bishkek

  • 2 min
Pakistani students repatriated from violence-hit Bishkek as per PM's instructions. Federal Minister for Kashmir Affairs and Gilgit-Baltistan welcomed them in Islamabad. PM Shehbaz Sharif is closely monitoring situation and ensuring students' safety. The government plans additional flights for their return. Continuous coordination with Kyrgyzstan government for safe repatriation.
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Pakistan, Turkiye agree to increase bilateral trade to $5bn

  • 3 min
Pakistan and Turkiye aim to elevate their bilateral trade to $5 billion following delegation-level talks in Islamabad. The two countries plan to enhance cooperation in defense, investment, banking, and science and technology. Both sides expressed support for each other on core issues and in the fight against terrorism, emphasizing their strong and historical partnership.
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Karachi heatwave: Here’s what chief meteorologist said

  • 2 min
Chief Meteorologist Sardar Sarfaraz stated that there is no chance of a heatwave in Karachi in the near future, but the weather will remain hot for the next 10 days due to low high levels of humidity. The temperatures in Karachi are expected to range between 36 to 38 degrees Celsius. Pakistan Meteorological Department predicted three upcoming heatwaves across the country.