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Authorities have arrested a man in connection with the Little Mountain Fire in San Bernardino. Fire crews responded to the fast-spreading brush fire on Wednesday afternoon around 2 p.m. local time. The blaze was quickly contained at 34 acres, with no injuries or property damage reported, according to the San Bernardino Police Department. Arrest Made …
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Aid organizations are urging an immediate scaling up of humanitarian access to Gaza after Israel and Hamas agreed to a ceasefire-hostage deal. The agreement, expected to begin Sunday, aims to end 15 months of intense Israeli bombardment that has devastated the Palestinian enclave. The United Nations Relief and Works Agency (UNRWA), Gaza’s primary aid group, …
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How much time do we spend on social media each day? For most of us, hours slip by in an endless cycle of scrolling, liking, and posting. It’s become second nature—something we do without even thinking, shaping how we communicate, connect, and pass the time. But have you ever paused to wonder how often the …
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The much-anticipated results of the Rs 750 prize bond draw for January 2025 were announced on Wednesday by the National Savings Division in Karachi. Major Winners First Prize: Rs 1,500,000 Winning Bond Number: 271541 Second Prizes: Rs 500,000 each Winning Bond Numbers: 0317904, 496553, 80066 Third Prizes: Rs 9,300 each Total Winners: 1,696 Prize Bond …
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A senior White House official, John Kirby, has clarified that Pakistan has never been a formal ally of the United States bound by a defense treaty. Despite this, the two countries have a long history of collaboration, particularly in counterterrorism efforts. During a briefing, Kirby emphasized that while the US has partnered with Pakistan in …
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The salaried class has become the third-largest contributor to Pakistan’s tax revenue, with a nearly 40% rise in tax collection during the fiscal year 2023-24. The Federal Board of Revenue (FBR) collected Rs368 billion from salaried individuals, an increase of Rs103.74 billion compared to the previous year. Key Revenue Sources FBR documents revealed a 39.3% …
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KARACHI: The Board of Mobilink Bank has named Haaris Mahmood Chaudhary as the new Chief Executive Officer (CEO). This marks a major step in advancing the bank’s mission of financial inclusion and digital innovation. A Strong Leader for Mobilink Bank Haaris Mahmood Chaudhary has a proven track record in leadership and strategic foresight. Aamir Ibrahim, …
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Pakistan’s military has strongly responded to Indian Army Chief General Upendra Dwivedi’s remarks labeling Pakistan the “epicentre of terrorism.” The Inter-Services Public Relations (ISPR) called the claims baseless, emphasizing that such statements reflect extreme duplicity and are an attempt to divert attention from India’s actions in Indian Illegally Occupied Jammu and Kashmir (IIOJK). The ISPR …
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The U.S. Food and Drug Administration (FDA) has proposed a new rule requiring food companies to display nutrition labels on the front of packages. This move aims to help consumers make healthier choices and combat the country’s chronic disease crisis. The proposal targets key nutrients like saturated fat, sodium, and added sugars, which are linked …
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South Korea’s President Yoon Suk Yeol has been arrested, making him the first sitting leader in the nation’s history to face such action. Investigators broke through barricades and barbed wire at his residence in central Seoul early Wednesday. Yoon, 64, is accused of insurrection for a failed martial law order on December 3 that threw …
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KARACHI: Gold prices in Pakistan continued to decline for the second consecutive day on Tuesday, reflecting a similar trend in global markets. The price per tola fell by Rs1,400, closing at Rs277,900 in the local market. The price of 10 grams of gold also dropped by Rs1,201, ending at Rs238,254, according to the All-Pakistan Gems …
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Islamabad: The Ministry of Commerce has proposed significant changes to Pakistan’s electric vehicle (EV) policies. These reforms aim to remove the cap on EV batteries for cars, vans, and SUVs and eliminate the 25% sales tax on EVs priced above Rs4 million. EV Battery Cap and Sales Tax Reforms During a recent steering committee meeting, the …
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Islamabad: Pakistan’s per-person debt has surged to nearly Rs302,000, marking an 11.3% increase over the past fiscal year. The latest Fiscal Policy Statement for 2025 reveals that the government failed to keep the budget deficit within the legal limit, exceeding Rs7 trillion. Debt Burden Escalates The per capita debt burden in Pakistan has risen from Rs271,264 …
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Islamabad: The prices of petroleum products in Pakistan are set to increase by up to Rs6.20 per litre for the upcoming fortnight, beginning January 16, due to a rise in international crude oil prices. Market sources suggest that the ex-depot price of petrol will increase by Rs3.53 per litre. Kerosene oil and light diesel oil are …
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Riyadh: Saudi Arabian mining company Manara Minerals is expected to invest in Pakistan’s Reko Diq mine within the next two quarters, according to Pakistan’s Petroleum Minister Musadik Malik. The investment could mark a significant step in the development of one of the world’s largest undeveloped copper-gold reserves. Manara’s Growing Role in Global Mining Manara Minerals …
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The Pakistan Stock Exchange (PSX) has officially delisted Engro Corporation Limited (ENGRO). The delisting took effect on Tuesday, January 14, 2025. The PSX announced the delisting in a formal notification. The decision follows the implementation of a Scheme of Arrangement. This scheme involved the merger of Engro Corporation Limited (ENGRO) with Engro Holdings Limited (ENGROH). …
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The Federal Cabinet has approved revised agreements with 14 Independent Power Producers (IPPs). The meeting, chaired by Prime Minister Shehbaz Sharif in Islamabad, endorsed a proposal to cut the profit and costs of these IPPs by 802 billion rupees. A deduction of 35 billion rupees will be made from the additional profits earned by IPPs …
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The Pakistan Cricket Board (PCB) has appointed former Test spinner Abdur Rehman as the spin bowling coach for the national men’s team. This marks his first stint as a spin bowling coach for the men’s side, though he previously worked with the Pakistan women’s cricket team. The national team, under the captaincy of Shan Masood, …
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Governor Sindh, Kamran Tessori, has expressed anger over the disappearance of 7-year-old Sarim from New Karachi. The boy has been missing for eight days, and the lack of progress in his recovery has drawn criticism. Governor Tessori took notice of the case and contacted SSP Central, Zeeshan Siddiqui. He received a briefing on the matter. …
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The World Bank has committed $20 billion to Pakistan under a 10-year Country Partnership Framework (CPF). The decision was approved with 19 out of 24 directors voting in favor. This significant financial support aims to address key developmental challenges in Pakistan and boost the country’s economic stability. Approximately three-quarters of the $20 billion will be …
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Karachi: In the global market, gold prices decreased by $14, bringing the rate to $2,661 per ounce. Meanwhile, in the local Sarafa (jewelry) market, the price of gold fell by Rs. 1,400 per tola, now standing at Rs. 277,900 per tola. Similarly, the price of 10 grams of gold dropped by Rs. 1,201, reaching Rs. …
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Talks between Israel and Hamas are advancing toward a ceasefire and hostage release agreement. Mediators in Doha have provided both parties with a final draft of the deal, which aims to halt the conflict and address humanitarian needs in Gaza. U.S. President Joe Biden expressed optimism, stating that the agreement is “on the brink” of …
Early Tuesday, Yemen’s Houthi rebels launched a missile at central Israel. The attack set off sirens, sending residents scrambling to bomb shelters. The Israeli military intercepted the missile, saying it was “likely intercepted” before causing damage. Emergency services confirmed no injuries from the missile or its debris. However, some people sustained injuries while rushing to …
