Author: newsdesk

  • Food price hikes pushes weekly inflation to 3.38 per cent

    Food price hikes pushes weekly inflation to 3.38 per cent

    According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) for the week ended June 16, 2022, surged by 3.38 per cent due to increases in the prices of food and non-food items.

    The year-over-year (YoY) trend indicates a 27.82 per cent rise, owing primarily to an increase in rates of following:

    Onions (135.31 per cent), diesel (132.61 per cent), tomatoes (117.27 per cent), petrol (110.16 per cent), vegetable ghee 1 kg (81.76 per cent), mustard oil (80.88 per cent), pulse Masoor (74.77 per cent), cooking oil 5 litre (71.52 per cent), vegetable ghee 2.5 kg (68.47 per cent), LPG (60.97 per cent), garlic (57.72 per cent), washing soap (52.73 per cent), garlic (57.72 per cent (51.11 per cent).

    On the flip side, a considerable decrease was reported in prices of chilli powder (43.42 per cent), pulse Moong (18.06 per cent), sugar (10.79 per cent), bananas (0.83 per cent), gur (0.45 per cent).

    According to the most recent data, the SPI increased from 182.88 per cent to 189.07 per cent during the week ended June 9, 2022.

    The SPI increased by 2.85 per cent, 3.45 per cent, 3.10 per cent, 3.12 per cent, and 3.10 per cent for consumption groups up to Rs17,732 and Rs17,733 to Rs22,888, Rs22,889 to Rs29,517, and Rs29,518 to Rs44,175 and above Rs44,175 respectively.

    According to the PBS, out of 51 items, 36 (70.59 per cent) increased in price, 06 (11.76 per cent) decreased in price, and 09 (17.65 per cent) remained stable during the week.

    Increase: Vegetable ghee Dalda/Habib or other superior quality 1 kg pouch each (4.95 per cent), tea prepared (4.83 per cent), bread plain (4.37 per cent), toilet soap Lifebuoy (4.13 per cent), pulse Masoor (3.50 per cent), cooking oil Dalda 5 litre tin each (2.87 per cent), Sufi washing soap (2.33 per cent), mustard oil (2.24 per cent), vegetable ghee Dalda/Habib 2.5 kg tin each (1.93 per cent), pulse Mash (1.71 per cent), beef with bone (1.50 per cent), energy saver (1.04 per cent), curd (1.01 per cent), mutton (0.89 per cent), eggs (0.85 per cent), salt powdered (0.79 per cent), lawn printed Gul Ahmed/Al Karam (0.77 per cent), basmati broken (0.68 per cent), garlic (0.59 per cent), tomatoes (0.49 per cent), milk fresh (0.45 per cent), powdered milk Nido (0.41 per cent).

  • ‘Never want to slip into this again’: Hina Rabbani Khar on FATF grey list

    ‘Never want to slip into this again’: Hina Rabbani Khar on FATF grey list

    Minister of State for Foreign Affairs Hina Rabbani Khar on Saturday addressed a press conference following the announcement by the Financial Action Task Force (FATF).

    “Pakistan’s positive and speedy progress was greatly appreciated and welcomed by FATF members,” she said. “All action plans items have been ticked off, largely addressed, and nothing is pending.”

    “It marks the beginning of the end process that will eventually culminate in the exit of Pakistan from FATF’s grey list, InshaAllah and hopefully forever,” added Khar.

    “Pakistan is one step away from exiting the grey list,” she added. “I also want to stress that Pakistan’s cooperation with FATF and the international community is grounded in our strategic objective of strengthening our economy and improving its integration in the international financial system.”

    Talking about the requirement of on-site visit Khar said, “When you authorise a country’s removal from the grey list, the first step is to authorise an on-site technical evaluation, which has been done in this plenary.”

    “Never again will we want to be part of any list that will require us to divert our attention from our national requirements to [international] reporting requirements. We never want to slip into this again. This is the biggest lesson,” she said while talking about lessons Pakistan had learned during meetings with FATF.

    The Financial Action Task Force (FATF) announced on Friday (June 17) that it has begun the process of removing Pakistan from the grey list. FATF monitored Pakistan for four years and now the financial watchdog has expressed its satisfaction with Pakistan’s performance. The announcement comes after FATF’s four-day plenary session in Berlin.

    “Pakistan has substantially completed its two action plans, covering 34 items, and warrants an on-site visit to verify that the implementation of Pakistan’s AML/CFT reforms has begun and is being sustained,” said a statement by FATF.

    However, Pakistan will be placed out of the grey list once the FATF team would conduct an on-site visit of Pakistan.

    Director-General Inter Services Public Relations (DG ISPR) in a tweet termed the development as a “great achievement”.

    The tweet further added: “Core cell @ GHQ which steered the national effort & civil – military team which synergised implementation of the action plan made it possible, making Pak proud, COAS.”

    Hina Rabbani Khar tweeted: “Congrats Pak! FATF declares both Action Plans complete. Intl community has unanimously ack our efforts. Our success is the result of 4 yrs of challenging journey. Pak reaffirms resolve to continue the momentum and give our economy a boost. Well done Pak Team FATF. Pak Zindabad!”

    Pakistan was placed on FATF’s grey list in 2018.

  • Saba Qamar’s ‘Kamli’ does well in second week at the box office

    Director Sarmad Khoosat’s latest film Kamli headlined by superstar Saba Qamar and newcomer Hamza Khawaja has been garnering positive word-of-mouth by cinemagoers which has translated into a steady second week at the box office.

    The Khoosat Films venture has received a vast array of glowing reviews. Now, the film that has been touted by many to be one of the standout films that the country has produced, is pacing forward as more and more people flock to cinemas to see what the hype is about.

    The weekend numbers for Kamli are:

    Day 1 (Friday): 32 lacs

    Day 2 (Saturday): 44 lacs

    Day 3 (Sunday) : 42 lacs

    Day 4 – Monday: 23 lacs

    Day 5 – Tuesday: 21 lacs

    Day 6 – Wednesday: 22 lacs

    Day 7 – Thursday: 21 lacs

    Week 1: 2.05 crore

    Week 2: 1.47 crore

    Total: 3.52 crore

    The second week collection confirms financial recovery of the project through theatrical avenue.

  • Energy crisis: Sindh govt announces market closures by 9pm

    Energy crisis: Sindh govt announces market closures by 9pm

    The Sindh government announced that all markets, restaurants, marriage halls and hotels will be closed early in order to save electricity. The decision will remain in force from June 17 (today) to July 16.

    According to an official notification by the provincial Home Department, all markets, bazars, shops and malls will close by 9pm. Marriage and banquet halls will close by 10:30pm, while hotels, restaurants, coffee shops and cafes must shut by 11pm. However, the decision is not applicable to medical stores, pharmacies, hospitals, petrol pumps, CNG stations, bakeries and milk shops.

    The notification reads: “The urgent need to take the effective measures for the conservation of energy in Sindh through a two-pronged approach, i.e. to utilise the daylight hours for business activities and minimise the possible adverse impact of the business activities.”

    However, the All Pakistan Trade Union Association has rejected this decision of the provincial government, reports ARY News.

    Pakistan is facing a serious power crisis due to which the government has resorted to load-shedding all over the country.

    Last week, as part of the government’s ongoing measures to manage the energy crisis, the National Economic Council (NEC) agreed on the closure of markets by 8:30pm in all provinces.

    No power in commercial areas in the evening from 7-10pm

    The Power Division has decided to cut supply to commercial feeders from 7pm to 10pm daily across Pakistan, reports Geo News.

    In this regard, the Ministry of Energy has prepared a summary for the cabinet’s approval. According to the media outlet’s sources, the commercial feeders will not face load-shedding during the daytime, which would save approximately 5,000 MegaWatt (MW).

    Earlier, Defence Minister Khawaja Asif said that a huge amount of electricity can be saved if people start their businesses early in the morning and close by Maghrib prayers. He said that saving electricity means saving oil.

  • Famous Afghan anchor forced to sell street food after Taliban takeover

    Afghan journalist Musa Mohammadi was spotted selling street food in order to make ends meet. After the Taliban takeover, the country has experienced economic turbulence, forcing professionals like Mohammadi into a state of poverty.

    Kabir Haqmal, lecturer at Kabul University and former journalist, shared Mohammadi’s picture on Twitter with the caption, “Mohammadi worked for years as an anchor and reporter on different TV channels. He now has no income to feed his family and sells street food to earn some money.”

    In another tweet, Haqmal added, “It is also important to look at how the well-to-do people in a country have reached this stage, and what will happen to the poor. We don’t know what to call the change.“

    The viral post drew the attention of Ahmadullah Wasiq, Director of the National Radio and Television, who ensured Mohammadi’s employment in his response.

    Wasiq’s responded: “Unemployment of Musa Mohammadi, a spokesman for a private television station, was highlighted on social media. As the director of the National Radio and Television, I assure him that we will appoint him within the framework of the National Radio and Television. We need all Afghan professionals.”

    https://twitter.com/WasiqAhmadullah/status/1537122260212977665?s=20&t=7i3XCpZ0jBaS_7mpTMgEdA

    Like Mohammadi, Afghan journalists have been facing never-ending challenges since the Taliban’s takeover. Last month, Afghan female TV presenters were forced to cover their faces while appearing on air.

    This ruling was widely criticised by many, calling it another step by the Taliban to promote extremism.

  • Babar Azam still No 1, Imam-ul-Haq jumps past Kohli to No 2 in ODI rankings

    Babar Azam still No 1, Imam-ul-Haq jumps past Kohli to No 2 in ODI rankings

    Pakistan is ruling the ICC One-Day International (ODI) batter rankings with skipper Babar Azam on the top while opener Imam-ul-Haq jumped past Virat Kohli to get to the second spot. Earlier, Imam was in the third place in the rankings just below Babar Azam and former India skipper Virat Kohli.

    Very well deserved, Babar Azam: ICC

    Babar Azam tweeted a picture with his ODI and T20I caps after being named ICC 2021 Team of the Year in both formats.

    Meanwhile, Pakistani pacer Shaheen Afridi jumped two places to fourth in the ICC ODI bowling rankings.

  • Clash between political parties kills one in Karachi

    Clash between political parties kills one in Karachi

    NA-240 by-elections were held in Karachi on Thursday (June 16). The seat had fallen vacant after the death of Muttahida Qaumi Movement-Pakistan (MQM-P) MNA Iqbal Muhammad Ali in April. MQM-P’s Mohammad Abu Bakr won the seat yesterday. MQM-P had won the seat in the 2018 general elections with a huge margin but this time the contest was won just by a few votes. MQM-P candidate bagged 10,683 votes, while Tehreek-i-Labbaik Pakistan (TLP) candidate Shahzada Shahbaz ended up second with 10,618 votes.

    However, TLP rejected the results and decided to challenge the outcome in court.

    Violence during by-polls

    The by-polls in Karachi left at least one dead and several injured. The person who died belonged to Pak Sarzameen Party (PSP).

    According to media reports, three major parties —  MQM-P, TLP and PSP — were primarily involved in the violence, both as alleged perpetrators and victims.

    On Twitter, PSP accused TLP workers of firing at its party chairman Syed Mustafa Kamal. A bullet reportedly grazed Kamal.

    Talking to Dawn, MQM-P Member of Provincial Assembly (MPA) Khawaja Izharul Hassan alleged that his eight party workers were “brutally tortured” by PSP. He also alleged that PSP party members barged into polling stations and beat up polling staff.

    It was reported that during the violence, three bullets hit the Edhi Foundation ambulance. The ambulance was there to pick up the injured.

    Following the incident, a total of four cases have been registered at the Landhi police station and Korangi police station, reports Geo News.

    According to the First Information Report (FIR), Kamal entered a polling station in Landhi 6 accompanied by 50 to 60 men and created chaos.

    Moreover, the report stated that 400-500 people belonging to a political party entered a polling station all at once. The staff of the polling station was beaten up and election materials damaged. Subsequently, the police raided the polling station and took five men into custody.

    The situation was extremely tense till late at night when a heavy contingent of police and Rangers reached the area after the disruption.

    Election Commissioner takes notice

    Chief Election Commissioner (CEC) Sikander Sultan Raja took a “serious notice” of the episode. He directed Sindh’s provincial election commissioner to ensure strict action and asked for a comprehensive report to be sent to the Election Commission of Pakistan (ECP).

    Similarly, Sindh Chief Minister (CM) Syed Murad Ali Shah also took notice of the violence.

  • Man and woman decide to commit suicide, man backs out after woman jumps in the river

    Man and woman decide to commit suicide, man backs out after woman jumps in the river

    A couple in India decided to end their life together by jumping in a river as they could not marry each other.

    However, the man did not jump at the last minute while the woman had already jumped into the river.

    They had both been in a relationship for almost seven years. The woman was married to someone else and has a daughter. She took her daughter to Pune and returned after some time, only to discover that the man — Chandu — had married in the interim. Chandu promised her that he will divorce his wife and get married to her.

    However, due to many obstacles, they both decided to end their lives by committing suicide together.

    The couple went to a river to commit suicide but the man did not jump. After finding out that the man did not jump, the woman decided not to die either and swam across the river. The police took her to the hospital.

    According to the police, the man has been charged with attempted murder and damage to the mobile of the woman. An investigation is taking place now.

  • Pakistan likely to be removed from FATF grey list today

    Pakistan likely to be removed from FATF grey list today

    Pakistan is hopeful of getting off the Financial Action Task Force (FATF) grey list.

    The Pakistani delegation attending the conference in Berlin is headed by Minister of State for Foreign Affairs Hina Rabbani Khar, who is also the chair of the National FATF Coordination Committee.

    Pakistan was added to the list in 2018 and was given a list of actions to be completed. In a review held in March 2022, FATF retained Pakistan on the list, saying that the country has “made significant progress in fulfilling its recommendations”.

    FATF had directed Pakistan to fulfill 34 conditions in two stages. Pakistan fulfilled 32 out of 34 conditions in the last FATF meeting and completed the remaining two in this meeting.

    After news of Pakistan’s expected removal from the grey list spread on social media, Rabbani took to Twitter and said, “FATF will issue a Public Statement after the conclusion of the meetings tonight. Prejudging the outcome or speculative reporting could and should be avoided.”

    There will be a press briefing in Berlin on the outcomes of the FATF Plenary today (June 17).

  • Rats find 10 tola gold, take it to a gutter

    Rats find 10 tola gold, take it to a gutter

    Police in Mumbai, India, found a bag containing 10 tola gold worth 500,000 Indian rupees. The bag was discovered in a gutter. The owner of the jewellery was said to be Sundari Planibel, a 45-year-old domestic servant.

    On her way to the bank to deposit her jewellery, Sundari offered her bag of vada pav to two children begging on the street.

    “Ms Planibel realised she had kept her jewellery in the same bag when she got to the bank,” Sub-Inspector Chandrakant Gharge of Dindoshi told Indian news media outlet, ANI.

    When Sundari Planibel could not locate the children in the same area, she went to the police for help. The children and their mother were tracked down by the police, who said that they had thrown the bag into a garbage dump because they did not want to eat vada pav.

    The police discovered the gold jewellery after reviewing CCTV footage that showed a few rats carrying a bag of gold from a waste dump into a gutter.

    “10 tola gold worth Rs 5 lakhs recovered from clutches of rats in a gutter near Gokuldham Colony, Mumbai A woman on her way to deposit jewellery in a bank gave it away to children on street, mistaking it to be bread; children threw it into garbage dump,” ANI reported.