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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 ofContinue Reading
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 membersContinue Reading
ISLAMABAD – Protests are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar, over excessive electricity costs. People have taken to the streets in response to a huge increase in electricity rates across the country.In most of the country’s small and big cities, businessmenContinue Reading
Beijing (Reuters) – More than three years after ceasing because to COVID-19 limitations, Beijing has let North Korea’s state-run airline Air Koryo to restart flights to China, the Chinese foreign ministry announced on Monday. The decision coincides with indications of greater communication between North Korea and its largest commercial partnerContinue Reading
The Supreme Court of Pakistan has scheduled a hearing for the in-chamber appeal to remove the contempt suit filed against Justice Qazi Faez Isa. The in-chamber appeal will be heard on July 31 by Chief Justice of Pakistan (CJP) Umar Ata Bandial. Lawyer Riaz Hanif Rahi filed a contempt ofContinue Reading
LAHORE – Pakistan, the fifth-most populous nation in the world, has a 2.4% yearly population growth, and 11,000 moms die giving birth each year. On World Population Day, the Population Council releases the figures. It claimed that Pakistan’s population was expanding more quickly than that of any other Asian nation.Continue Reading
Pakistan is anticipated to make debt repayments of more than $1 billion to two international commercial banks early next month, despite the government’s challenging effort to avert sovereign default and the fact that there aren’t very many gross foreign currency reserves remaining. According to sources in the ministry of finance,Continue Reading
After increasing 47 paisa at the Interbank on Tuesday, the US Dollar closed at an all-time high versus the Pakistani Rupee (PKR). Weakening macroeconomic kept dollar demand high on the second business day of the week, with the greenback closing at Rs201.41. Depleting foreign exchange reserves and uncertainties over theContinue Reading
According to the Federal Bureau of Statistics, the price of a 20 kg flour bag climbed by Rs. 720 in a week.Residents of Islamabad have been struck the hardest by the spike in wheat prices, and are now obliged to buy the most costly flour in the country. A 20Continue Reading
KARACHI: The State Bank of Pakistan (SBP) has received $2.75 billion in Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), bringing the central bank’s foreign exchange holdings to an all-time high of $20.14 billion. The central bank’s foreign currency reserves on August 27 were $20,145.6 million, according toContinue Reading
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