Islamabad, December 28, 2024 – The Pakistan Bureau of Statistics (PBS) has released its annual price report, detailing significant changes in the Consumer Price Index (CPI) over the past year. The report indicates a notable increase in inflation, impacting various sectors of the economy. Key Highlights of the Report Government’s Response In light of the […]
Ongoing Counter-Terrorism Efforts in Khyber Pakhtunkhwa In a decisive intelligence-based operation (IBO) in the Sararogha area of South Waziristan, Pakistani security forces eliminated 13 terrorists. This operation is part of ongoing efforts to combat militancy in the Khyber Pakhtunkhwa province. The military’s media wing reported that the operation was conducted based on credible intelligence regarding […]
QUETTA: The Election Tribunal has dismissed a petition challenging the election victory of Jamiat Ulema-e-Islam-Fazl’s (JUI-F) candidate, Zabid Ali Raki, from the PB-31 Washuk constituency. Details of the Petition The petition was filed by a Pakistan Muslim League-Nawaz (PML-N) candidate, alleging irregularities during the election process. However, the tribunal found the evidence insufficient to support […]
Incident OverviewA woman and her two sons have been apprehended in Punjab in connection with the gruesome murder of a local businessman. The crime, which has sent shockwaves through the community, was reportedly the result of a financial dispute. Details of the CrimePolice officials revealed that the victim, identified as Rashid Ali, was found dead […]
December 21, 2024 Background Justice Mansoor Ali Shah of Pakistan’s Supreme Court has called for a comprehensive review of the process for appointing judges, emphasizing the need for transparency and meritocracy to uphold judicial independence. Key Concerns Justice Shah highlighted several issues within the current appointment system: Proposed Reforms To address these concerns, Justice Shah […]
Pakistan’s Triumph in ODI Cricket In a thrilling encounter, Pakistan secured a historic series win against South Africa in the third and final ODI, thanks to Shaheen Shah Afridi’s phenomenal bowling performance and Kamran Ghulam’s crucial half-century. This victory solidifies Pakistan’s position in international cricket, showcasing their depth and resilience in both batting and bowling […]
Government Initiative Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has announced a decision to provide wheat to residents of Kurram at subsidized rates. This initiative aims to alleviate the economic burden on the local population by offering wheat at Rs2,800 per 40 kg, directly from government warehouses. Implementation Strategy The decision follows a request from […]
In a surprising move, the State Bank of Pakistan (SBP) reduced its policy rate by 200 basis points to stimulate economic activity. The decision aligns with efforts to counter slowing growth and ease liquidity constraints for businesses. Impact on the Economy The rate cut aims to reduce borrowing costs, encouraging investment and supporting sectors hit […]
All public and private schools of Punjab and Islamabad Capital Territory will remain closed on Monday, 16 December 2024, on account of “security concerns,” following notifications issued by the government. The closure falls on the somber day that marks the 10th anniversary of the APS attack – an event that shocked Pakistan on 16 December […]
The Pakistan Stock Exchange (PSX) reached an unprecedented milestone as the KSE-100 index surged by 1,917 points in a single trading session, reflecting renewed investor confidence. This rally has pushed the index to a record high, driven by positive economic indicators and a flurry of investment-friendly measures by the government. Market analysts attribute this historic […]
Saudi Arabia has reportedly stepped back from its pursuit of a formal defense treaty with the United States due to a deadlock over normalization talks with Israel. Initially, Saudi Arabia showed a willingness to normalize relations with Israel in exchange for US security guarantees and support for its civilian nuclear program. However, recent developments in […]
Prime Minister Shehbaz Sharif has strongly condemned the recent attacks on Rangers personnel and police officers during nationwide protests. These incidents occurred amid heightened political tensions following significant decisions by the judiciary and election commission. Protesters allegedly targeted law enforcement officials, resulting in injuries and damage to public property. The prime minister emphasized that such […]
Karachi’s dairy farmers have warned of an imminent increase in milk prices, citing rising costs of production and transportation. The price of essential supplies like cattle feed has surged due to inflation, while transportation costs have spiked following fuel price hikes. This has put immense pressure on dairy farmers, who argue that the current pricing […]
Recent discussions between the International Monetary Fund (IMF) and Pakistani authorities have been described as constructive, focusing on economic stability and reform. Held in November 2024, the talks emphasized adhering to the $7 billion Extended Fund Facility (EFF), which aims to strengthen Pakistan’s economy through structural reforms and fiscal discipline. The IMF praised Pakistan’s efforts […]
According to the communique released from Dubai, the International Cricket Council has requested the Board of Control for Cricket in India to explain the reasons that restrained its team from coming to Pakistan to play for the ICC Champions Trophy 2025 since that country will host it for the first time in more than two […]
In an electrifying moment, tomorrow, the boxing world breathes ahead for a sensational showdown as Mike Tyson faces Jake Paul. According to Most Valuable Promotions (MVP), the bout is considered a “heavyweight boxing mega-event,” and will feature the legendary “Baddest Man on the Planet,” Mike Tyson, against the younger and outspoken Jake “The Problem Child” […]
Despite the ongoing uncertainty surrounding the ICC Champions Trophy 2025, there is a much-awaited trophy tour still set to commence on November 16. Silverware that has been brought into Islamabad this week from Dubai will be showcased around Pakistan. The nine-day ICC Champions Trophy 2025 Tour will begin in Skardu and progress to the famous […]
In response to dangerously high pollution levels across Lahore and other cities in Punjab, the provincial government has announced a new work-from-home (WFH) policy aimed at reducing smog. This directive, issued amid one of the worst smog seasons recorded, encourages both public and private sector employees to work remotely where possible. The policy is expected […]
The reported death toll from the blast near girls’ school in Mastung, Balochistan, stands at more than seven with 23 injured, five of whom are reportedly schoolchildren. The bombing struck a polio vaccination campaign that police had been protecting on Friday. According to reports, the blast has been caused by an improvised explosive device attached […]
The scheduled date for the auction on the sale of PIA is 30th October, a landmark in the privatization process of Pakistan International Airlines (PIA), and its Parliamentary Secretary for Communication Gul Asghar Khan confirmed this on Wednesday in the National Assembly. An almost three-year-long privatization process reached its final phase through the auction for […]
