Rupee hits new low against US dollar in inter-bank By: webdesk on July 18, 2022KARACHI: The ruling PML-N’s loss in the Punjab by-elections has triggered political uncertainty along with import pressure which took the Pakistani rupee to a new low against the US dollar in the interbank market Monday. At the opening of the market, the rupee depreciated against the greenback by Rs1.05. It remains to be seen where […]
Imran Khan again calls for early election after Punjab victory By: Web Desk on July 18, 2022Imran Khan, a former Pakistani prime minister, restated his call for early elections on Monday after his party won control of Punjab, the country’s most populous province. There were 20 seats up for grabs in the by-election for Punjab. It was seen as a test of the former international cricket star’s popularity after he was […]
Polling concludes for by-polls in 20 Punjab constituencies By: APP on July 17, 2022LAHORE: The polling for by-elections on 20 Punjab Assembly seats concluded on Sunday evening, Provincial Election Commission sources said. The polling process continued from 8am till 5pm, without any break. However, after 5pm, the voters present inside the polling stations were allowed to cast their votes. Overall polling remained peaceful except for minor incidents of […]
Nobody allowed to sabotage writ of state during Punjab by-polls: Rana Sanullah By: APP/ Web Desk on July 16, 2022ISLAMABAD: Interior Minister Rana Sanaullah on Saturday warned Imran Khan and Pakistan Tehreek-e-Insaf (PTI) workers against disrupting the proceeding of by-polls in Punjab, saying “law will take its due course if anyone tries to sabotage the writ of the state by indulging in unlawful activities.” “Imran Khan Niazi and PTI must restrain from disrupting the […]
Coronavirus kills 10 more in Pakistan By: Web Desk on July 16, 2022Even though the number of infections was nearly unchanged from the day before, Pakistan has seen a sharp increase in coronavirus deaths over the past 24 hours (Friday). According to data released by the National Institute of Health Pakistan on Saturday morning, Pakistan has recorded 10 deaths over the past 24 hours, with nine occurring […]
Cabinet approves committee to mull filing treason case against PTI leadership By: Web Desk on July 15, 2022 The federal cabinet gave its approval on Friday to the formation of a committee that would decide whether to file treason charges under Article 6 against the PTI’s top officials, including Imran Khan as party chairman. The cabinet approved the formation of a committee under the direction of Minister for Law Azam Nazeer Tarar, […]
Pakistan proposes $1 trillion debt relief for developing countries By: APP/ Web Desk on July 15, 2022NEW YORK: Pakistan proposed on Thursday a debt relief of $1 trillion for debt-ridden developing countries, in addition to the establishment of a Global Debt Authority and an Independent Credit Rating Agency for the purpose. Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal also called for a “Marshal Plan” to mobilize unfulfilled Official […]
Petrol prices will be made cheaper today, IMF has no objection, says Mifta By: Web Desk on July 14, 2022On Thursday, Finance Minister Muftah Ismail stated that petrol prices will be made cheaper today, and the International Monetary Fund (IMF) has expressed no objections. Pakistani authorities and the IMF have finally reached a staff-level agreement on the release of $1.17 billion to support the country’s fragile economy, the international money lender announced Thursday morning. […]
Govt to decrease petroleum prices by rupees 8 to 21/ litre By: webdesk on July 13, 2022ISLAMABAD: The government has decided to cut prices of petroleum products, for the first time in its three months tenure, citing sources. The Petroleum levy, imposed by the government, will likely remain in place. The levy on petroleum has been Rs. 10 per liter, while high-speed diesel, kerosene oil, and light diesel carry five rupees […]
PM Shehbaz to declare cut in petrol prices soon By: Web Desk on July 13, 2022Following a decline in the price of oil on the global market, Prime Minister Shehbaz Sharif on Tuesday requested a summary from the Ministries of Finance and Petroleum recommending a decrease in the price of petroleum products. While presiding over a meeting at the PM Office, the PM called a summary for a decrease in […]