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The government has raised fuel prices, with petrol prices increasing by Rs3.47 per litre and high-speed diesel (HSD) by Rs2.61 per litre for the next fortnight. The new rates set petrol at Rs256.13 per litre and HSD at Rs260.95 per litre. This hike comes in response to international market fluctuations over the last two weeks, …
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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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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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Islamabad, January 13: The Securities and Exchange Commission of Pakistan (SECP), in partnership with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), hosted a seminar to emphasize the importance of corporatization and the ongoing digitization efforts by SECP. The event aimed to educate the business community about the benefits of these initiatives and …
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Islamabad, January 13: Chief Justice of Pakistan (CJP) Yahya Afridi emphasized the Supreme Court’s collective harmony and ongoing judicial reforms during a meeting with the Press Association of the Supreme Court. He declared that the era of judges taking opposing positions is over, underscoring the judiciary’s commitment to independence and collaboration. Judges United in Purpose …
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Defence Minister Khawaja Asif firmly denied any U.S. demands to provide relief to Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan. Speaking to reporters, Asif accused PTI of spreading misinformation and attempting to harm Pakistan’s reputation by falsely linking domestic political issues to the U.S. Congress. The denial comes amidst heightened speculation surrounding the £190 million case …
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Pakistan and China have reaffirmed their commitment to the high-quality development of the China-Pakistan Economic Corridor (CPEC) 2.0, emphasizing industrialization, Special Economic Zones (SEZs), clean energy, agriculture, and livelihood projects. The renewed focus on CPEC underscores its vital role in fostering regional connectivity, mutual cooperation, and shared prosperity. Progress in CPEC 2.0 The announcement came …
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A significant milestone in Karachi’s infrastructure development has been achieved with the opening of a 9.1-kilometre section of the Malir Expressway. The Opening Ceremony and Inauguration On January 11, 2025, the partial section of the Malir Expressway, stretching from Qayyumabad to Shah Faisal, was officially opened. The ceremony was attended by PPP leaders, including Sindh …
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Maulana Fazlur Rehman, leader of Jamiat Ulema-e-Islam-Fazl (JUI-F), has openly criticized the establishment for prioritizing authority over moral principles. Speaking at a press conference in Karachi, the veteran politician highlighted how the establishment’s focus on retaining power undermines democracy, constitutional values, and public trust. The Establishment’s Political Role Fazl questioned the establishment’s claim of being …
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The State Bank of Pakistan (SBP) has unveiled a rolling half-yearly calendar for the upcoming Monetary Policy Committee (MPC) meetings. The central bank’s proactive approach aims to ensure transparency and allow stakeholders to prepare for these critical sessions. The schedule includes four key dates in the first half of 2025, focusing on the monetary policy …
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Pakistan’s remittance inflows reached $3.1 billion in December 2024, recording a significant 29.3% year-on-year increase, according to the State Bank of Pakistan (SBP). This remittance growth, a critical lifeline for the country, reflects a strengthening economy backed by reforms and the consistent support of overseas Pakistanis. Impressive Half-Year Growth In the first half of fiscal …
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The Pakistani passport has been ranked as the fourth weakest in the world, raising concerns about its limited global mobility. According to a recent report, Pakistani citizens can only travel visa-free to a handful of countries, highlighting significant challenges for international travel. Limited Global Reach The ranking reflects the limited number of destinations Pakistani passport …
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Karachi Mayor Murtaza Wahab has taken a significant step to address public safety by launching a helpline for reporting missing manhole covers. With safety being a top priority, this initiative allows residents to alert authorities promptly, ensuring quicker resolutions and reducing risks posed by open manholes. Dedicated Helpline for Quick Action The newly established helpline, …
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Starlink, SpaceX’s revolutionary satellite internet service, is poised to transform internet connectivity in Pakistan. With the goal of bridging the digital divide, Starlink aims to deliver high-speed broadband to regions with unreliable or non-existent connectivity. The service is awaiting final approval from the Pakistani government to launch operations. How Starlink Works Starlink uses thousands of …
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Qatar Airways has firmly denied recent reports suggesting the closure of its offices in Pakistan. The airline assured its customers that all operations, including flights to and from Pakistan, remain unaffected. The clarification aims to dispel any confusion surrounding its presence in the country, emphasizing its commitment to uninterrupted services. Clarification on Operations In an …
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In a decisive crackdown on corruption, the Sindh Inspector General (IG) of Police, Ghulam Nabi Memon, suspended multiple traffic police officers linked to alleged misconduct at Karachi’s Saudabad driving license branch. The move reflects the Sindh Police’s renewed focus on accountability and addressing corruption within its ranks. Officers Suspended Over Corruption Charges Seven police officers, …
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Prime Minister Shehbaz Sharif visited Karachi on Wednesday for a day-long trip focused on modernizing customs processes and celebrating milestones in the financial sector. During his visit, he inaugurated the new Faceless Customs Assessment System, designed to enhance transparency and efficiency in customs clearance procedures. Arrival and Reception Prime Minister Sharif landed at Faisal Air …
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Cement prices in Pakistan’s northern cities dropped slightly during the week ending January 2. According to the Pakistan Bureau of Statistics (PBS), the average retail price of a 50-kg cement bag in northern cities stood at Rs. 1,415, reflecting a 0.45% decline from the previous week’s price of Rs. 1,422. The price decrease marks a …
In recent years, daily family vlogging has emerged as a booming trend in Pakistan. Families have turned their everyday lives into content for platforms like YouTube, Facebook, and Instagram, attracting millions of followers. While this trend has brought fame and fortune to certain vloggers, it has also raised significant concerns about the ethics of oversharing …
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K-Electric (KE), Karachi’s primary electricity provider, has announced a scheduled power shutdown on January 7, 2025. The outage will affect 65 feeders across the city for maintenance work on transformers. Residents are advised to prepare for this temporary disruption to ensure smooth adjustments in their daily routines. Planned Maintenance Schedule KE has outlined the maintenance …
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Despite the looming possibility of Imran Khan’s conviction, Pakistan Tehreek-e-Insaf (PTI) leader Shaukat Yousafzai has affirmed that negotiations between PTI and the government will continue. Stressing the importance of dialogue to resolve political tensions, Yousafzai reiterated the party’s commitment to achieving justice through peaceful means. PTI’s Demands and Government’s Stance Speaking to reporters in Peshawar, …
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In the second and final Test match of the series against South Africa, Pakistani batters Babar Azam and Shan Masood set a new world record partnership. The final match of the two-Test series between Pakistan and South Africa is currently underway in Cape Town. Pakistan, in response to South Africa’s massive first-innings total of 615 …
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