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After carrying out intense airstrikes in Syria, Israel’s Air Force is now reportedly preparing for potential attacks on Iran’s nuclear facilities. This escalation comes after a series of airstrikes aimed at weakening Syrian military capabilities. Israeli officials are planning their next steps amidst rapidly changing circumstances in the Middle East. Israeli Officials Discuss Next Moves …
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In a historic move, South Korean lawmakers have voted to impeach President Yoon Suk Yeol. A total of 204 members of parliament (MPs) voted in favor of the motion. As a result, Yoon has been suspended from office. The prime minister will now serve as the acting president while the constitutional court reviews the impeachment. …
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Gold prices in Pakistan experienced a major drop after consistent hikes earlier this week. According to the All Pakistan Gems and Jewellers Association, the price of gold per tola decreased by Rs. 5,000. Following the reduction, the new price for one tola of gold stands at Rs. 277,800. This decline brought relief to investors and …
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The federal government has decided to terminate agreements with six independent power producers (IPPs). These IPPs generate costly electricity, adding financial strain to consumers and the government. The terminated contracts cover a combined capacity of 2,396 MW. The decision is part of a broader strategy to reduce electricity tariffs and save money. Officials estimate that …
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South Indian superstar Allu Arjun was arrested in connection with a stampede case. The incident occurred during the screening of his blockbuster film Pushpa 2. Hyderabad police detained him from his home yesterday. The stampede took place on December 4 at Sandhya Theater in Hyderabad during the film’s premiere. Tragically, a woman lost her life, …
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All-rounder Imad Wasim has announced his retirement from international cricket. He made the announcement through a heartfelt message on social media. Imad said representing Pakistan had been the greatest honor of his life. In his statement, Imad shared that he reached the decision after much thought. He expressed gratitude for the opportunities he received to …
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Karachi: The Oil and Gas Development Company Limited (OGDCL) has discovered gas and condensate reserves in Khyber Pakhtunkhwa. The discovery was made at the Betani-02 (Sulent) well in Lakki Marwat district. OGDCL informed the Pakistan Stock Exchange (PSX) about the discovery on Friday. The company stated it operates the Wali Exploration License with a 100% …
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Karachi: The Deposit Protection Corporation (DPC) has released its fourth Annual Report for the fiscal year ending June 2024. The report highlights the Corporation’s financial performance, activities, and accomplishments during the year. Overview of DPC’s Mandate DPC was established under the Deposit Protection Corporation Act, 2016. It operates as a subsidiary of the State Bank …
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KARACHI: Faraz-ur-Rehman, Patron-in-Chief of the Pakistan Business Group (PBGO) and Chairman of the Pakistan Business Guild, has urged the government to slash the policy rate by 500 basis points in one go during the upcoming monetary policy announcement. He stated that this decisive move is essential for reviving the economy and fostering a business-friendly environment. …
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New York: Elon Musk has achieved a historic milestone in wealth accumulation. The Tesla and SpaceX owner is now the first person in the world to reach a net worth of $400 billion. This remarkable achievement highlights Musk’s dominance in the global business landscape. Record-Breaking Wealth American media reports confirmed that Musk set this unprecedented …
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