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Prime Minister Shehbaz Sharif Condemns Houthi Attacks on Saudi Arabia
Prime Minister Shehbaz Sharif Condemns Houthi Attacks on Saudi Arabia; Declares Pakistan Stands Firmly with the Kingdom Under Makkah Joint Defense Agreement ISLAMABAD: Prime Minister Shehbaz Sharif has given a robust and unambiguous condemnation to the recent missile and drone attacks by the Houthis on the Kingdom of Saudi Arabia, urging the Houthis militia to…
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Government Increases Petroleum Prices
Government Increases Petroleum Prices; Petrol Goes Up by Rs2.31 and High-Speed Diesel by 78 Paisa Per Liter ISLAMABAD: The Federal government has again hiked petroleum product prices up again in line with recent changes in international market prices. The price of petrol has been hiked by Rs2.31 per litre to Rs398.96 per litre per consumer,…
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Pakistan’s Total Liquid Foreign Reserves Rise to $26.79 Billion
Pakistan’s Total Liquid Foreign Reserves Rise by $26.75 Million to Reach $26.79 Billion, States Central Bank KARACHI: The country’s liquid foreign exchange reserves kept on a positive ascent with positive addition during the week that ended on October 2.On the foreign exchange front, the overall liquid foreign reserves of the country increased by $26.75 million…
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Economic Coordination Committee Approves Funds for Key Sectors
Economic Coordination Committee Approves Funds for Key Sectors; Rs10 Billion Allocated for Thar Coal Rail Link Project ISLAMABAD: The Cabinet’s Economic Coordination Committee (ECC), headed by Federal Minister for Finance Muhammad Aurangzeb, has approved of vital financial grants and budgetary allocations for several key sectors and development projects. The ECC also endorsed more financial accessibility…
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Federal Constitutional Court Fixes KP Chief Minister Sohail Afridi’s Disqualification Case for Hearing on October 15
Federal Constitutional Court Fixes KP Chief Minister Sohail Afridi’s Disqualification Case for Hearing on October 15 ISLAMABAD: The Federal Constitutional Court has officially called for October 15 for hearing of an important petition filed for disqualification of Khyber Pakhtunkhwa Chief Minister Sohail Afridi. The disqualification case will be heard by a special bench presided over…
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Daily Price Changes Prevent Mass Hoarding, Says Minister Ali Pervaiz Malik
Petroleum Levy Matter Beyond My Control, Changes Require Global Consultations; Daily Price Adjustments Prevent Large-Scale Hoarding, Says Minister Ali Pervaiz Malik ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik has clarified that petroleum levies is not in his control and any changes to the levy will be done after consultation with international partners.At a meeting…
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Downward Trend in Gold Prices Halts Across Global and Local Markets; Gold Increases in Value
Downward Trend in Precious Metal Prices Halts; International Gold Rises by $6 While Local Rates Register an Increase KARACHI: Gold prices across the world and in the country have finally turned up, ending a prolonged downward trend in recent trading sessions. The price of 24-carat gold up in domestic markets rose by Rs600 per tola…
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Political Deadlock Ends: Pakistan Peoples Party to Support Government in Both Houses of Parliament
Political Deadlock Ends: Pakistan Peoples Party to Support Government in Both Houses; Agreement Reached on Forming Electoral Reforms Committee ISLAMABAD: The deadlock between the ruling coalition and its key ally, the Pakistan Peoples Party (PPP), is over, and they will now work cooperatively in the parliament. In the National Assembly, the Pakistan Peoples Party (PPP)…
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Reshuffle Proposed in Judicial Commission of Pakistan; Bilawal Bhutto and Rana Sanaullah Nominated as Members
Reshuffle Proposed in Judicial Commission of Pakistan; Bilawal Bhutto and Rana Sanaullah Nominated as New Members ISLAMABAD: There is a major reshuffle going on in the government’s parliamentary presence on the Judicial Commission of Pakistan ([JCP]) after the voluntary resignation of some of its members and consultations held among the coalition partners. It has been…
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Ban Imposed on Unlicensed Sale of Medicines in Islamabad; Strict Action Warned Against Violators
Ban Imposed on Unlicensed Sale of Medicines in Islamabad; Strict Legal Action Warned Against Violators ISLAMABAD: Islamabad has taken a huge step towards controlling the pharmaceutical industry and safeguarding public health by imposing a tight ban on the sale of drugs without a license. Clinics, pharmacies and medical stores without proper license will no longer…