Gold price per tola decreases Rs600 in Pakistan – Markets

Gold rates in Pakistan decreased on Tuesday, in line with a decline in the international rate. The yellow metal was priced at Rs217,300 per tola after shedding Rs600 during the day. The 10-gram gold was sold at Rs186,300 after a decrease of Rs514, according to rates shared by the All Pakistan Gems and Jewellers Sarafa

IT drags Indian shares after recent rally; HDFC Bank results eyed – Markets

BENGALURU: Indian shares fell on Tuesday, dragged by a pullback in high-weightage IT stocks after a recent rally, while investors awaited the results of top private lender HDFC Bank. The blue-chip NSE Nifty 50 shed 0.29% to 22,032.30 points, while the S&P BSE Sensex lost 0.27% to 73,128.77. Both the benchmarks rose about 0.1% each

Copper slips on firm dollar, offset by China stimulus hopes – Markets

LONDON: Copper prices dipped on Tuesday due to a buoyant dollar, but losses were curbed by fresh hopes for more stimulus in top metals consumer China. Three-month copper on the London Metal Exchange was down 0.2% at $8,363 per metric ton by 1045 GMT after rising by 0.5% in the previous session. “The market has

Palm ends higher as India extends lower duty on edible oil imports – Markets

KUALA LUMPUR: Malaysian palm oil futures closed higher on Tuesday, driven by top importer India’s move to allow edible oil imports at a confessional duty for one more year. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 61 ringgit, or 1.61%, to 3,861 ringgit ($823.24) at closing. India’s

Sheikh Rashid arrested in May 9 case – Pakistan

Awami Muslim League (AML) Chief Sheikh Rashid was arrested on Tuesday from outside a courtroom after his bail was rejected in a case related to the May 9 riots, Aaj News reported. A case was registered against him for vandalism at the Metro bus station situated at Sixth Road in Rawalpindi. He was granted bail

Bilawal wants end to politics of ‘hatred and division’ as Maryam promises ‘round the clock’ public service – Pakistan

With election campaigns picking up steam in the country, PPP Chairman Bilawal Bhutto-Zardari on Tuesday said Pakistan would bury politics of “hatred and division” on February 8 while PML-N’s Maryam Nawaz said her party was prepared to work “round the clock” for the country’s development Addressing a rally in Naudero, Bilawal said, “Politics of hate

Sheikh Rashid arrested after Pindi court rejects bail in May 9 case – Pakistan

Awami Muslim League (AML) leader Sheikh Rashid Ahmed was arrested after a Rawalpindi anti-terrorism court rejected his bail in a case pertaining to violence in the country on May 9. Lawyer Sardar Abdul Razzak Khan confirmed the arrest to “He will be held at the New Town Police Station overnight,” the lawyer added. The

Bollywood filmmakers are obsessed with villanising Pakistan — the Fighter trailer proves just that – Comment

The trailer for Siddharth Anand’s Fighter starring Hrithik Roshan, Deepika Padukone and Anil Kapoor just dropped, and boy, talk about a hot mess. The movie is about Shamsher “Patty” Pathania who becomes a member of the Indian Air Force and then has to come to terms with the 2019 Pulwama attack. Here’s a short history

Saudi Land Forces reach Pakistan for joint exercise with Pakistan Army

 A contingent of Royal Saudi Land Forces has arrived in Lahore for joint exercises with Pakistan Army. The exercise is aimed at further promoting the existing military cooperation between the two friendly countries. The two forces will conduct joint exercises at Okara Garrison and Khairpur Tamewali. The joint exercises will remain continue for 45 days.

Pakistan election symbols and their importance – Pakistan

ISLAMABAD: The party of former Pakistan prime minister Imran Khan has been stripped of its traditional electoral symbol of a cricket bat in a court ruling, the latest blow to the jailed leader ahead of a national election in February. Here are some facts about the significance of electoral symbols and the challenges facing his

Sher Afzal Marwat ‘calls off’ poll campaign in Sindh after being disowned by PTI leaders – Pakistan

PTI Senior Vice Chairman Sher Afzal Marwat said on Tuesday that he was “calling off his campaign” in Sindh after PTI spokesperson Raoof Hasan and senior leader Barrister Hamid Khan disowned him. Marwat, one of the counsels for former premier Imran Khan, was elevated to the position of senior vice president of the party in

Russia says sentenced more than 200 Ukrainian POWs

MOSCOW  -  Russia said Monday it has sentenced more than 200 Ukrainian prisoners of war to lengthy sen­tences, with some getting life in prison, almost two years into the Kremlin’s offensive.  Russia holds an unknown number -- believed to be in the thousands -- of Ukrainian captive sol­diers, many of whom were taken during the

Iran deports nearly 900 Afghan minors in 2 months: Nimroz official

Nearly 900 Afghan minors have been deported from Iran to Nimroz province in Afghanistan in the last two months, a local official in Nimroz said. Sediqullah, 14, is one of hundreds of children who have been deported by Iranian security forces but whose families remain in Iran He is striving to find a way to

China’s Xi stresses high-quality development of financial sector – World

BEIJING: China’s President Xi Jinping on Tuesday stressed the high-quality development of China’s financial sector and vowed to accelerate the creation of a modern financial system with Chinese characteristics, the Xinhua News Agency reported. Xi made the remarks at the opening of a study session at the Party School of the CPC Central Committee, according

Russian rouble steadies after hitting more than six-month high – Markets

MOSCOW: The Russian rouble stabilised on Tuesday, consolidating sharp gains made in the previous session when the currency soared to a more than six-month high, buoyed by increased state forex sales. At 0742 GMT, the rouble was unchanged against the dollar at 87.58, not far from 87.3725, its strongest point since June 30. It had

Pakistan’s Afghan predicament – Newspaper

WHILE engagement continues between Pakistani officials and Taliban authorities the core issue at the heart of tensions between the two countries is nowhere near resolution. Over the past year, relations have become increasingly strained as Pakistan’s security concerns about the outlawed Tehreek-i-Taliban Pakistan (TTP), based in Afgha­nistan, have not elicited a meaningful response from Kabul.

Iraq condemns Iran strikes as ‘attack on its sovereignty’

BAGHDAD: Iraq condemned as an “attack on its sovereignty” Tuesday missile strikes by neighbouring Iran targeting anti-Tehran groups and an alleged Israeli “spy headquarters” in its autonomous Kurdish region. Iraqi authorities “will take all legal steps” necessary, including “lodging a complaint with the (UN) Security Council”, the foreign ministry said in statement. They will also

UAE likely to rollover $2 billion loan to Pakistan: sources

DUBAI: The United Arab Emirates (UAE) is expected to roll over a $2 billion loan to Pakistan for one year, ARY News reported citing sources. Caretaker Prime Minister Anwaar-ul-Haq Kakar wrote a letter to the UAE President Sheikh Mohammed bin Zayed al-Nahyan, seeking rollover of the loan. “Ministry of Finance are confident that the $2

Iraq vows to take Iran to UN Security Council over Erbil attacks

The Iraqi government on Tuesday condemned the Iranian attack on Erbil in northern Iraq, calling it an act of aggression and a violation of its sovereignty. The Foreign Ministry said in a statement posted on its website that the Iraqi government "will take all legal procedures, including lodging a complaint with the UN Security Council"

UAE likely to rollover $2 bn loan to Pakistan

The United Arab Emirates (UAE) is expected to roll over a $2 billion loan to Pakistan for one year. Caretaker Prime Minister Anwaar-ul-Haq Kakar wrote a letter to the UAE President Sheikh Mohammed bin Zayed al-Nahyan, seeking rollover of the loan. “Ministry of Finance are confident that the $2 billion debt deferral will be successfully

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