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The Pakistan Stock Exchange (PSX) continued its bullish trend on Tuesday as the benchmark KSE-100 Index surged past the 91,000 level during intra-day trading. By 1:20 pm, the KSE-100 was trading at 91,334.46, gaining 1,138.95 points or 1.26%. Investors poured capital into index-heavy sectors, with significant buying activity seen in cement and banking stocks, fueling …
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JPMorgan Chase has filed multiple lawsuits against individuals and businesses accused of exploiting a viral ATM glitch that allowed them to withdraw large sums from checks before they cleared. The lawsuits, initiated on Monday, target two individuals and two businesses in Houston, Miami, and Los Angeles, seeking recovery of over $661,000 in allegedly misappropriated funds. …
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Israel has accused six Al Jazeera reporters based in Gaza of acting as operatives for Hamas and Palestinian Islamic Jihad. The accusations come amid heightened conflict in Gaza, with Israel asserting that Al Jazeera journalists are aiding groups it considers terrorist organizations. Al Jazeera strongly condemned the allegations, calling them fabricated and an attempt to …
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The Israeli parliament has approved two bills that ban the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) from operating within Israel and areas under its control. The new laws, passed on Monday, could dismantle crucial aid operations in Palestinian territories where humanitarian needs are critical. The first law prohibits UNRWA from conducting …
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The Biden administration has confirmed it received a letter from over 60 US Congress members. The letter urges the White House to advocate for the release of Pakistan Tehreek-e-Insaf (PTI) founder, Imran Khan. This collective appeal has amplified the international spotlight on Khan’s detention in Pakistan. During a briefing on Tuesday, US State Department Spokesperson …
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In light of a Wall Street Journal report alleging Elon Musk has engaged in regular contact with Russian President Vladimir Putin since late 2022, NASA Administrator Bill Nelson on Friday advocated for an investigation into these claims. Nelson emphasized that if the report proves accurate, it raises concerns for NASA, the Department of Defense, and …
With its immense reach and ease of use, TikTok has undeniably revolutionized social media. In Pakistan, the app quickly gained popularity, especially among youth, giving rise to many influencers who have amassed considerable fame and influence. However, alongside its popularity, TikTok has also become a platform fraught with controversy and ethical concerns. A disturbing trend …
Renowned Pakistani actor Firdous Jamal, famous for his roles in classic dramas like Waris, Manchalay Ka Sauda, Sayebaan Seeshey Ka, Anaa, and Pyare Afzal, recently shared his life’s latest journey in an interview with YouTuber Ambreen Fatima. After a challenging battle with cancer, which he was diagnosed with in December 2022, Jamal emerged with a …
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ISLAMABAD: PTCL Group, Pakistan’s largest telecom entity, is grappling with financial struggles despite increasing revenues. Much like other troubled state-owned companies, including Pakistan Steel Mills, PIA, and Pakistan Railways, PTCL is facing mounting losses. The latest financial results reveal a revenue increase of 15.3% to Rs160.6 billion for the first nine months of 2024 compared …
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Former Chief Justice of Pakistan Qazi Faez Isa departed for Istanbul on Friday, a day after his official retirement. He was accompanied by his wife and left from Islamabad airport on a Turkish Airlines flight, according to airport officials. Justice Isa utilized the regular international lounge before boarding, with assigned protocol staff present to assist. …
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The National Electric Power Regulatory Authority (NEPRA) has hiked electricity rates for Karachi by Rs3.03 per unit. This increase, announced as part of the monthly fuel price adjustment for July 2024, will impact consumers in Karachi under K-Electric. K-Electric initially sought a rate hike of Rs3.09 per unit, citing increased fuel costs. NEPRA reviewed the …
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The Pakistan cricket selectors have announced 15-member squads for their upcoming tours to Australia and Zimbabwe. Pakistan will play three ODIs and three T20Is in each country. The Australia tour runs from November 4 to 18, while the Zimbabwe tour will be from November 24 to December 5. PCB Chairman Mohsin Naqvi will reveal Pakistan’s …
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The head of the World Health Organization (WHO), Dr. Tedros Adhanom Ghebreyesus, has voiced serious concerns about military operations around health facilities in Gaza. He highlighted that ongoing shortages of medical supplies are preventing life-saving care for patients in the region. Dr. Tedros issued a statement describing a harrowing situation at Kamal Adwan Hospital, located …
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A group of 20 British parliamentarians has called on UK Foreign Secretary David Lammy to advocate for the release of former Pakistani Prime Minister Imran Khan from Adiala Jail. The cross-party appeal urges the UK government to engage directly with Pakistan to secure Khan’s freedom. Kim Johnson, MP for Liverpool Riverside, authored the letter upon …
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WASHINGTON: A NASA astronaut was hospitalized Friday after returning from an eight-month mission on the International Space Station (ISS). NASA has withheld the astronaut’s name and the specific health issue for privacy. The astronaut landed off Florida’s coast aboard SpaceX’s Crew Dragon capsule, accompanied by two other NASA astronauts and a Russian cosmonaut. The spacecraft, …
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Former President Donald Trump appeared on Joe Rogan’s podcast for a three-hour interview on Friday, discussing his past presidency, staff choices, and the upcoming 2024 election. Trump shared that hiring “disloyal people” was his “biggest mistake” in office, indirectly referencing former Chief of Staff John Kelly. Days earlier, Kelly described Trump as a “fascist” and …
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Lahore: Spinners Noman Ali and Sajid Khan led Pakistan to a resounding nine-wicket victory over England in the deciding third Test on Saturday, sealing a memorable 2-1 series triumph. The duo’s powerful performance left England’s batting lineup in tatters and crowned Pakistan’s first home Test series win in three years. Pakistan’s dominance began with a …
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Islamabad: A day after World Polio Day, Pakistan reported another polio case, raising this year’s total to 41. The latest case was identified in the Loralai district of Balochistan, marking the first reported case in that area for 2024. Health officials disclosed that the patient is a 42-month-old girl who showed signs of paralysis on …
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Karachi: The Federal Board of Revenue (FBR) has made a significant amendment to the Income Tax Rules, 2002. 8 The FBR issued a notification on October 18, 2024, under an SRO, detailing these amendments. This new policy falls under Section 237 of the Income Tax Ordinance, 2001. According to the FBR, taxpayers who file their …
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Justice Afridi was born on January 23, 1965, in Dera Ismail Khan, Pakistan. He belongs to the Adam Khel clan of the Afridi tribe and grew up in Kohat’s Babari Banda village. Coming from a family with a tradition of public service, Justice Afridi was encouraged to pursue education and contribute to his community. He …
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In response to escalating tensions, Israel launched precise strikes on Iranian military facilities. This action followed the killing of Hezbollah’s top leaders in Lebanon by Israeli forces. The Israeli Defense Forces (IDF) announced that their strikes specifically targeted Iranian military infrastructure. However, they did not aim at energy or nuclear facilities, according to a U.S. …
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For the second day in a row, gold prices have declined in both international and local markets. In the global bullion market, the price per ounce dropped by $8, settling at $2,726. This downward trend reflects ongoing fluctuations in the precious metals market amid broader economic shifts. In local markets, the price of 24-karat gold …
Unidentified gunmen launched an attack, on Friday, on three prison vans carrying detainees at the Sangjani Toll Plaza in Pakistan, leading to a dramatic escape by several prisoners. Among those who fled were three Members of the Provincial Assembly (MPAs) from Pakistan Tehreek-e-Insaf (PTI), according to police sources. Attack Targets Prison Vans Carrying Protest Detainees …
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