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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: brings, early, Inflation, Latest, News, optimism, Rupee, stability, value

December 18, 2023

News Desk

Rupee stability brings early optimism

KARACHI: In a little over nine months, the rupee has ventured into uncharted territory, crossing Rs 280/$ in the interbank market on March 3, 2023. Since then, the economic landscape has been a rollercoaster, punctuated by the familiar refrains of “the IMF (International Monetary Fund) is coming,” “the fair value of the rupee is 250,” “elections will be delayed” and “Pakistan will go bankrupt . » Notably, the rupee also touched Rs307 and Rs325/$ on August 30, introducing real fears of normalization of various financial variables. Despite this economic upheaval, the general population has yet to feel the relief. With

November 16, 2023

News Desk

ML-I groundbreaking until early 2024

Islamabad: The government on Wednesday announced the groundbreaking of the Mainline-I (ML-I) project early next year, which will be built after a drastic revision to its scope cut the estimated cost by a third to $6.7 billion to become commercially viable. The decision was taken during a meeting chaired by caretaker prime minister Anwarul Haq Kakar, who instructed officials to try to carry out the breakthrough before the end of his government’s tenure on February 8. The Chief Minister approved the revision of the project with instructions to present his revised PC-I to the relevant forum for approval in the

November 14, 2023

News Desk

Myanmar rebels seek to control border with India after early victories

MYANMAR: Summary Insurgents continue to attack Myanmar’s Shan, Kayah, Rakhine and Chin states 43 Myanmar military troops surrender to Indian police – official Tanks are seen on the streets of Sittwe, Rakhine – resident Anti-junta fighters in Myanmar’s Chin state were aiming to gain control of part of the porous border with India after early success in seizing two military outposts on the remote mountainous border, a senior rebel commander said. Dozens of insurgents battled Myanmar’s army from dawn to dusk on Monday to seize two camps near India’s Mizoram state as part of a widening offensive against the junta-led

November 6, 2023

News Desk

Marijuana damages elderly users’ hearts, sending them to early graves, study finds

A man smokes marijuana in Washington Square Park as marijuana enthusiasts mark the annual but informal celebration of cannabis.—Reuters New studies presented at the American Heart Association’s Scientific Sessions in Philadelphia highlight the potential risks associated with marijuana use in older adults, including an increased risk of heart attack, stroke and heart failure. A study revealed that elderly people who did not smoke tobacco but used marijuana had a higher risk of heart attack and stroke when they were hospitalized. Additionally, people who used marijuana daily were 34% more likely to develop heart failure. These findings are consistent with the

November 6, 2023

News Desk

Barca’s inconsistent goal in early Champions League progress

BARCELONA: After two years of misery in the Champions League group stage, Barcelona have a chance to seal their place in the knockout stages against Shakhtar Donetsk on Tuesday in Hamburg. The Spanish champions can guarantee progress with a fourth straight win in Group H, something they have not achieved since 2021, when they were knocked out by Kylian Mbappe’s Paris Saint-Germain in the last 16. Barcelona have undoubtedly improved since Xavi arrived in November of that year, winning La Liga last season, but they still struggle in Europe and lack the sparkle that many, including the manager, wish to

October 31, 2023

News Desk

Economy shows early signs of improvement: SBP

KARACHI: Pakistan’s central bank said economic activities bottomed out in July 2023 and the majority are now visible, suggesting an early economic recovery supported in part by lower global commodity prices and higher international growth forecasts. Measures taken to calm the economy in the previous year (FY23), including tightening monetary policy, will not let imports rise sharply, it said. Second, the fiscal deficit will remain large in the 7-8% range due to increased interest payments against rising debt compared to the government’s target of 6.5% for the fiscal year 2023-24. Amid the recovery, the central bank kept its initial forecast

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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