Foreign direct investment into Pakistan increased significantly in the first eleven months of 2024, according to data released by the State Bank of Pakistan (SBP) in Karachi. The rise was 11.58%. The overall amount of foreign investment for January-November 2024 was $2.05 billion, up from $1.84 billion in the same period of 2023, according to…
-
The Pakistani rupee displayed swings in the open market versus other foreign currencies as of December 26, 2024. The Australian dollar was trading for buying at Rs 174.75 and for selling at Rs 177.00. For purchasing, the Canadian Dollar was Rs 194.35; for selling, it was Rs 196.75. Buying the Chinese Yuan cost Rs 37.99;…
-
Karachi: The All Pakistan Gems and Jewellers Association reports that gold prices in Pakistan today increased significantly, by Rs 1,400 per tola. The price of gold per tola now is Rs 274,000 after this climb. Likewise, the cost of ten grams of gold has increased by Rs 1,200 to come at Rs 234,911. Globally, gold…
-
New Delhi: Former prime minister Dr. Manmohan Singh passed away today at 92. He was the former prime minister of India and a vital character in most of the modern Indian political stratum. He was earlier admitted to Delhi’s All India Institute of Medical Sciences (AIIMS) after his health deteriorated. In his two terms as…
-
The founder and former prime minister of the Pakistan Tehreek-e-Insaf (PTI), who is incarcerated in Pakistan, should be released immediately, according to Richard Grenell, the special envoy-designate of U.S. President-elect Donald Trump. Grenell recently discussed the remarkable parallels between the political trajectories of Donald Trump and the founder of the PTI, presenting both as out-of-the-box…
-
Mr. Malik Muhammad Ahmad Khan, Speaker of the Punjab Assembly, insisted on the constructive importance of words in politics and said that politics require communication. In a statement recorded in Lahore he pointed out the authority of the assembly; he said it is the strength of the people which makes a particular assembly powerful and…