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The public authority has confirmed that the petrol price in Pakistan will remain at Rs. 252.10 per liter for the next fortnight, starting from December 16 (Monday). A notification was issued by the government, stating that there will be no change in the petrol rate during this period. This decision aims to provide stability in…
West Palm Beach, Fla. — Former President Donald Trump hosted a private dinner with Apple CEO Tim Cook on Friday night at the Mar-a-Lago resort, according to sources familiar with the event. Tim Cook joins a prominent list of tech leaders, including OpenAI CEO Sam Altman, Meta’s Mark Zuckerberg, and Amazon’s Jeff Bezos, who have…
The People’s Bank of China’s official publication, Financial News, emphasized that the foundation for maintaining a “basically stable” yuan exchange rate remains strong. Published on Wednesday, the article highlighted that the foreign exchange market is operating steadily, with the yuan expected to stabilize and strengthen by the end of the year. This positive outlook underscores…
The iconic Bidwell Mansion in Chico was tragically destroyed by fire early Wednesday morning. The fire was reported at approximately 3:15 a.m. at the historic site located at 525 Esplanade. Flames engulfed the entire structure, leaving it completely devastated. The loss of Bidwell Mansion has deeply impacted the community, which is mourning the destruction of…
The central government has announced an increase in petroleum prices by Rs3.72 per liter, effective from December 1, 2024. According to a notification issued by the Finance Division on Saturday, the petrol price has been raised from Rs248.38 to Rs252.10 per liter. High-speed diesel (HSD) has also experienced a hike, with its price increasing from…
Gold prices experienced a significant rise in Pakistan and the global bullion market. On Friday, the international gold cost increased by $21 per ounce, reaching $2,661. This sharp increase had a major impact on local gold prices in Pakistan. The cost for 24-carat gold per tola surged by Rs 2,100, reaching Rs 277,300. Similarly, the…
Gold prices in Pakistan increased significantly on Friday, reflecting the surge in international markets. In the local market, the price of gold per tola rose by Rs2,500, reaching Rs280,500, while 10-gram gold climbed by Rs2,143 to settle at Rs240,483, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). The international gold market also followed…
Indian billionaire Gautam Adani faces fraud allegations in the US, accused of coordinate a $250 million bribery scheme and concealing it to secure funds. The charges, filed in New York, claim Adani and his team bribed Indian officials to win renewable energy contracts expected to generate over $2 billion in profits. The Adani Group has…
The Monetary Policy Committee of the State Bank of Pakistan has decided to reduce the policy rate by 250 basis points, bringing it down to 15%. This cut is significantly larger than analysts’ expectations, especially compared to the 50 basis point reduction implemented last month. According to a statement released on Monday, the central bank…
Federal Minister for Privatization Abdul Aleem Khan has welcomed any provincial administration interested in acquiring Pakistan International Airlines (PIA), suggesting that provincial ownership could help turn the financially struggling airline into a profitable entity. Speaking at a press conference in Lahore, Khan clarified that PIA’s privatization framework was established before his appointment, positioning him solely…
