Islamabad: In response to 31 bank fraud victims’ requests to the banking ombudsman, President Asif Ali Zardari has told six banks to return Rs 2.4136 crore to them. The victims had fallen for scams in which con artists pretended to be bank employees and used false phone calls to get private banking information. An official…
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Karachi: Forex prices published today, Monday, showed the Pakistani rupee stable on the open market. US Dollar buying and selling at Rs 278.05 and Rs 279.55 showed constant demand and supply patterns. Other major currencies were the euro at Rs 288.75 and Rs 291.50 and the UK pound sterling at Rs 348.20 and Rs 351.70.…
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Karachi – One tola of gold became 600 rupees less expensive today, as reported by the All Pakistan Gems and Jewellers Association. This resulted in a decrease in the price of gold in Pakistan. Following the implementation of this drop, the price of gold per tola has now reached a staggering Rs 272,600. The price…
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Karachi: The benchmark 100 Index jumped 3.5%, so the Pakistan Stock Exchange (PSX) completed the last trading day of 2024 with great marks. After a little dip in recent days, trade volumes crossed the one billion mark and the market was dominated by a bullish attitude all day. Closing at 115,422, the PSX 100 Index…
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In 2024, money sent back to Pakistan by Pakistanis living outside of Pakistan rose by 31%, with a total of $21 billion sent from January to November. This increase shows that the Pakistani community is still sending money back to the country, which is very important for the economy. Pakistanis sent $7.29 billion, which is…
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South Africa beat Pakistan by two wickets in the first Test of the series. On the fourth day of play, they were able to reach the goal of 148 runs. South Africa now has a 1-0 lead in the two-Test series after this win. South Africa’s chase got off to a slow start, but opener…
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Lower Dir: Hafiz Naeem-ur-Rehman, the Amir of Jamaat-e-Islami Pakistan, has harshly slammed the government for how it handles power prices and tax collection. Speaking to a crowd in Timergrah, Khyber Pakhtunkhwa, he said that the government was wrongly taxing paid people while not taxing Independent Power Producers (IPPs). “Pakistanis are being taxed from their salaries,…
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Lahore: The Federal Minister for Information, Atta Tarar, said that the Pakistan Tehreek-e-Insaf (PTI) was crooked and bad at running the state of Khyber Pakhtunkhwa for 11 years. He told the media that he was going to write a white paper about the local government’s claimed flaws, such as misusing funds and not running things…
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Beijing: Seven U.S. companies and their senior executives have been sanctioned by China for the sale of weapons to Taiwan. Mao Ning, spokesperson for the Chinese Ministry of Foreign Affairs, denounced the United States’ military assistance to Taiwan as an interference in China’s sovereignty and regional security. InSitu Incorporated, Hudson Technologies, Syrinx Technologies, Ritron Canada,…
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KARACHI – The State Bank of Pakistan (SBP) has stated that the redemption deadline for prize bonds of the following denominations is December 31, 2024: Rs. 40,000, Rs. 25,000, Rs. 15,000, and Rs. 7,500. The central bank’s statement states that these bonds can be returned or exchanged at SBP offices, branches of the Banking Services…