Author: newsdesk

  • Experts believe SBP has more room to cut policy rate as inflation declines

    Experts believe SBP has more room to cut policy rate as inflation declines

    The State Bank of Pakistan (SBP) is likely to reduce policy rate by 400 basis points this year, as a notable drop in the country’s inflation gives room for continued monetary easing to support economic growth.

    According to Topline Securities, inflation in Pakistan is expected to remain low in October but may rise a little on a monthly basis.

    The Consumer Price Index (CPI) for this month is estimated to stay between 6.5 per cent and 7.0 per cent year-on-year, with a 0.9 per cent rise month-on-month. This can bring the average inflation rate for first four months of FY25 to 8.6 per cent compared to 28.5 per cent during the same period in 2023.

    What experts are calling “the faster-than-expected ease in inflation” is largely because of the delays in raising administered electricity prices, somewhat favourable global oil and food prices, and a stable Pakistani rupee.

    Recent estimates suggest headline inflation will drop from 23.4 per cent in FY24 to around 9 per cent in FY25. In response to this trend, the SBP has already cut its policy rate by 450 basis points, lowering it to 17.5 per cent in September from 22 per cent in May 2024.

    Read more: Gold hits historic peak of Rs280,900 per tola in Pakistan

    To note, inflation in the previous month crashed to its lowest level in nearly four years, with consumer prices rising by 6.9 per cent year-on-year, within the central bank’s target range of 5-7 per cent. However, economic growth remains modest.

    The Gross Domestic Product (GDP) rose 2.5 per cent in FY24, after a contraction the previous year, but this is still below the long-term average growth rate.

  • Gold hits historic peak of Rs280,900 per tola in Pakistan

    Gold hits historic peak of Rs280,900 per tola in Pakistan

    The gold price in Pakistan continued its upward trend and surged to a level never seen in the history of Pakistan.

    All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), which releases gold rates in the local market on a daily basis, reported that the price of 24-karat gold was seen at a new record high of Rs280,900 per tola.

    As per the APGJSA, the gold price recorded a massive increase of Rs3,000 per tola during the day and rose to its all-time high level.

    Interestingly, this is the third straight record high price recorded for gold within this week.

    The last record high price of 24-karat gold was recorded on Thursday when the association quoted the precious metal’s rate at Rs277,900, which was the then-record high.

    The previous record high, before today’s peak, was seen after the yellow metal witnessed a single-day surge of Rs700 in its earlier price of Rs277,200 per tola, recorded on Wednesday.

    The price for ten-gramme gold also spiked and was recorded at Rs240,826 after an increase of Rs2,572.

    Finally, silver prices also rose in the local market on Friday as the per tola rate jumped by Rs50 to Rs3,100 per tola.

    Today’s surge comes after the gold price saw an unexpectedly big increase of $30 in the international market, clocking in at $2,712 per ounce. This price is inclusive of a premium of $20.

  • PCB finalises name of new white-ball captain: report

    PCB finalises name of new white-ball captain: report

    The Pakistan Cricket Board (PCB) has decided on the name of the new white ball captain for the Pakistan cricket team.

    The announcement of the Pakistan cricket team squad for the white ball series against Australia is expected next week. According to Geo, Muhammad Rizwan is being considered for leadership in the series, but the final decision will be made in consultation with the chairman and selectors.

    Apart from this, fast bowler Muhammad Hasnain, who last played an ODI in 2023, is a strong candidate to join the team.

    Hasnain’s return has been assured thanks to his excellent performance in the recent Champions Cup and President’s Cup.

    All-rounder Amir Jamal and young wicketkeeper-batsman Haseebullah are also in the eyes of the selection committee and could be included in the squad.

    The Pakistan cricket team has to go on a tour of Australia next month for a white ball series.

    Earlier, the board announced the new selection committee for the national team.

    The captain and head coach has been removed from the new selection committee of the national team; Aleem Dar, Aqib Javed, Asad Shafiq, Azhar Ali and Hasan Cheema are included in the new selection committee. All five members will be voting members.

    The non-voting members include Azhar Mehmood, Bilal Afzal, Nadeem Khan, and Usman Wahla.

    However, PCB has not included captain and coach in the selection committee.

  • PM Shehbaz writes to Joe Biden for Dr Aafia Siddiqui’s release

    PM Shehbaz writes to Joe Biden for Dr Aafia Siddiqui’s release

    Prime Minister (PM) Shehbaz Sharif wrote a letter to the President of the United States Joe Biden on Friday for the pardon and release of Dr Aafia Siddiqui.

    Dr Siddiqui, a neuroscientist, has been serving an 86-year sentence at Federal Medical Center (FMC) Carswell in Texas, USA.

    Pakistani PM’s letter to the US read: “Now 52 years old, she has spent approximately sixteen years behind bars in the US.”

    Sharif also noted that several Pakistani officials have made consular visits to Siddiqui at the prison over the years and have expressed “significant concerns regarding her treatment.”

    Concerning the health of Dr Aafia Siddiqui, the Prime Minister’s letter to Joe Biden noted: “In fact, they even fear that she could take her own life.”

    “Keeping these facts in view, I request you, Mr President, to kindly exercise your constitutional authority and accept Dr Siddiqui’s clemency petition and order her release strictly on humanitarian grounds,” the letter maintained.

  • ‘Book a session’: Mohib Mirza’s advice on mental health

    ‘Book a session’: Mohib Mirza’s advice on mental health

    In today’s busy world, mental health is more important than ever, yet it is an issue that is often overlooked. Stress, anxiety, and emotional struggles affect everyone, but getting help from a professional can really make a big difference in handling these problems.

    Recently, actor Mohib Mirza appeared as a guest on Fuchsia Magazine, where he talked about the importance of young men addressing their stress and seeking help when needed.

    “I’m talking about all this for the boys who might be listening,” he specified.

    “I don’t know if they’re watching this episode now or will watch it in the future, but if you’re listening, boys, don’t ever think that seeking help will make you uncool or anything like that.

    “If you’re stressed, whether it’s because of studies, family issues, or a relationship, book a session. I understand you might think it’s expensive or whatever, but this is something you need to do,” he said.

    “Sorting things out on your own can be tough, especially when you’ve taken my help several times already. You know, I keep guiding you, but a psychiatrist or psychologist actually gives you a break, which is part of their job. So, never impose this on anyone else; there needs to be acceptance of it”, Mirza added.

    The host, Rabia Mughni, asked, “Why did you go to therapy? What made you think of going?”

    The Shehr-e Zaat actor replied, “People may or may not understand, but the pressure of work, that’s something people with jobs will relate to.”

    “Now, I’m the director, an actor in it, and I have a brilliant team of 10 people around me. That’s a huge responsibility. Plus, I’m an overthinker. I overanalyse everything,” he added.

    Currently, Mohib Mirza is starring in the drama serial Jafaa, directed by Danish Nawaz and written by Samira Fazal. It airs on HUM TV on Friday at 8:00 PM

  • ‘5 crores or death’: Lawrence Bishnoi gang warns Salman Khan

    ‘5 crores or death’: Lawrence Bishnoi gang warns Salman Khan

    Notorious Indian gangster Lawrence Bishnoi has demanded a huge sum of money from Bollywood star Salman Khan to end a long-standing feud.

    According to an NDTV report, the Bishnoi gang has demanded five crore rupees from Salman Khan to end the feud.

    According to Indian media reports, the Mumbai Traffic Police received a WhatsApp message allegedly from a member of the Lawrence Bishnoi gang threatening to kill the actor. The message says, “If Salman Khan wants to stay alive and end the long-standing rivalry, then pay Rs 5 crore, don’t take this threat lightly, otherwise the actor will end up worse than former Maharashtra Chief Minister Baba Siddiqui who was recently shot dead by the Bishnoi gang.”

    The Mumbai police have launched an investigation into the matter, and security around Salman Khan’s residence has been beefed up.

    This is not the first time Salman Khan has received death threats from the Bishnoi gang.

    In 2022, the actor found a threatening letter on a bench near his residence, and in March 2023, he allegedly received an email from gang members.

    In January 2024, two unidentified men attempted to enter Salman Khan’s Panvel farmhouse using fake identities, after which the actor’s security was further tightened.

    According to Indian media, the feud dates back to 1998 during the filming of the blockbuster Bollywood movie ‘Hum Saath Saath Hain’ in a village in Rajasthan, when two rare blackbucks were hunted. Since then, Salman Khan has been facing constant threats from members of the Bishnoi community.

    In 2018, a Jodhpur court sentenced Salman Khan to five years in jail in the Blackbuck case, but he was later granted bail. However, since that time, the Bishnoi community has harbored enmity toward the Dabangg star.

    Indian media reports that blackbucks hold significant importance to the Bishnoi community. The Bishnoi people inhabit the Thar desert region of Rajasthan and revere trees, plants, and animals. They are primarily vegetarians and are known to sacrifice their lives to protect animals. In Bishnoi villages in Rajasthan, the blackbuck is considered sacred.

    According to the Indian Wildlife Act, blackbuck hunting is illegal and carries a maximum penalty of six years in prison.

    In the wake of the extra security measures he has been taking while filming episodes of Weekend Ka Vaar for Bigg Boss 18, superstar Salman Khan has imported a second bulletproof vehicle from Dubai to ensure his safety.

    Salman has purchased a bulletproof Nissan Patrol SUV at ₹2 crore and brought it from Dubai to Mumbai, as reported by Bollywood Society. This SUV has been associated with high safety features and protection like bomb alerts, thick glasses resisting bullets, and dark tinted windows to hide the driver and passengers.

    The Nissan Patrol SUV is not yet introduced in Indian markets, and hence this is Salman’s second bulletproof car imported from Dubai.

    Who is Lawrance Bishnoi? How did he become so popular across Canada and India?

    Lawrence Bishnoi hails from the Sirsa district of Haryana. He was a law student at DAV College in Chandigarh. Through student politics, he began to build a criminal network.

    Bishnoi hailed from a family owning more than 100 acres of farm land in Duttaranwali village, Punjab. While the president of the student body in his college, he clashed with a rival group of students. It is said that during the same period, he was arrested for arson and attempted murder. As a result, he spent some time behind bars in Chandigarh jail.

    A senior police officer once said, “Among his young followers, Bishnoi is highly revered as a man of principle. He portrays himself as a righteous bachelor, a celibate, often signing off with remarks like ‘Jai Shree Ram’.”

    Bishnoi has been in and out of jail for over a decade, but the gang has spread out with connections to New Delhi and other neighboring states, and has been in turf wars with other gangs within Uttar Pradesh, Rajasthan, and Punjab, and associates in Canada and the United States.

    He garnered national fame after the murder of a famous Punjabi singer Sidhu Moosewala. It was reported that the killing was in retaliation against the murder of one of his gang members. Moosewala was infamous for his provocative, anti-India lyrics and was also a Khalistan movement supporter.

    This has led to a big question: Did Lawrence Bishnoi get support from the Indian government? Is it true that Lawrence Bishnoi’s network was being utilised by the Indian Intelligence Agency RAW to catch anti-national elements in Canada?

    There have also been occasions when Indian secret services used mafia elements to eliminate threats such as Dawood Ibrahim. For example, in 2005, India’s top intelligence officer, Ajit Doval, was reported to have set up an assassination attempt by Chota Rajan, a former aide of Dawood Ibrahim, on the latter. Even though the Mumbai police nabbed Rajan’s men, foiling the operation, it demonstrated sometimes how secret agencies join hands with figures from the dark.

    It is not yet clear whether the Indian government was backing Lawrence Bishnoi. According to reports, RAW took advantage of his network and eliminated anti-India elements in Canada, an accusation that has been hurled back by Canada at India, but nothing concrete has surfaced so far. Today, Bishnoi sits in Sabarmati jail of Ahmedabad, but he is believed to be continuing his operations through a network of around 700 shooters worldwide. The supporter base is so strong that there are even rumors that Indian Home Minister Amit Shah is backing him, but nobody knows.

    Bishnoi has said, “Hum desh ko tukde nahi bana denge” (We won’t let the country be divided). His followers termed him as a modern day Bhagat Singh and carry around the t-shirt along with his picture. Khalistani supporters, especially in Canada, UK and USA have turned into a nightmare for Bishnoi and his gang.

    This information credit goes to: Chay @UddJaaPerindeyy.

  • Kasur teachers suspended for cutting ‘saag’ at school

    Kasur teachers suspended for cutting ‘saag’ at school

    Four teachers of Kasur’s Government Girls High School Basti Lal Shah Tehsil have been suspended for cutting spinach within the school to make saag- a popular local dish.

    Journalist Muhammad Umair shared the video of the teachers cutting the spinach along with the notification issued by the office of the District Education Officer, Elementary Education Kasur.

    The notification read that the services of Miss Sadia, Miss Noreen, Miss Bushra and Miss Umme-e-Kalsoom of the school have been suspended “in terms of section 6 read with section 5 of the PEEDA Act [Punjab Efficiency, Discipline and Accountability Act], 2006.

    It asserts that it is taken on account of “inefficiency and misconduct in terms of cutting spinach (saag) during school timing jointlyin form as reflected in a video viral on social media dated 15.10.2024.

    The department directed the suspended teachers to mark their attendance in the office of undersigned till further orders or outcomes of inquiry under PEEDA Act, 2006.

    However, the video doesn’t feature women’s faces as they are busy cutting spinach in the school.

  • Pakistani American Public Affairs Committee endorses Donald Trump in hopes of justice for Imran Khan

    Pakistani American Public Affairs Committee endorses Donald Trump in hopes of justice for Imran Khan

    The Pakistani American Public Affairs Committee (PAKPAC), an organisation registered with the Federal Election Commission (FEC) in the United States founded in 1989, has endorsed Republican Presidential nominee Donald Trump in the 2024 US Presidential election.

    The organisation’s official X page posted a detailed statement with the caption: “After extensive meetings with the Trump & Harris campaigns, we believe the former President is the candidate who will improve US-Pak relations and promote true democracy in Pak.”

    In the detailed statement, it was written, “While we certainly do not agree with the former President on every issue, after extensive meetings with his campaign and with the Harris campaign, we believe the former President is the candidate who will improve US-Pakistan relations, secure the release of all wrongfully imprisoned political prisoners in Pakistan and work towards reversal of Pakistan’s dangerous democratic backsliding.”

    The PAKPAC also emphasised that during former President Donald Trump’s presidency, relations between the two countries were ‘better’ as his administration was directly engaged in talks with Pakistani ministers.

    It also said that those efforts remained absent under the Biden/Harris administration.

    “In contrast, the Biden/Harris administration has not demonstrated the same commitment to bilateral relations. Under President Biden, the Pakistani government was pushed into a legislative coup against the popular and democratically elected Prime Minister of Pakistan, and the administration has nothing done nothing to secure the release of former Prime Minister and other political prisoners,” said the statement.

    The PAKPAC also exhibited fears with the Democratic Presidential nominee Kamala Harris, writing, “We fear these policies would persist under a Harris presidency, further straining relations between our two nations.”

    It should be highlighted that PACPAC is the organisation that has extensively lobbied for former Prime Minister Imran Khan; moreover, it also lobbied for the US Congress legislation in June that called for a “full and independent investigation” of Pakistan’s election and “condemns attempts to suppress the people of Pakistan’s participation in their democracy” through “harassment, intimidation, violence, arbitrary detention.”

  • Kabhi Main Kabhi Tum actress wants to check Maryam Nawaz’s bag

    Kabhi Main Kabhi Tum actress wants to check Maryam Nawaz’s bag

    Kabhi Main Kabhi Tum has enthralled audiences with its gripping storyline. Among the plethora of its fan favourite characters is Rubab, played by Naeema Butt.

    In a recent interview on ARY Digital, Butt shared candid thoughts and one odd desire she has.

    When asked about whose bag she would like to inspect, Naeema Butt said, “It’s a messy one, I like everything messy, I’m very messy. I want to check (Punjab Chief Minister) Maryam Nawaz’s bag.”

    She was then asked, “What are the three essential things in your bag that you can’t live without?”

    The Kabhi Main Kabhi Tum actress replied, “I can’t live without water. Mostly I also have water in my purse, and that’s one thing I think is very crucial. I can’t go without water, number one. There is money, so of course that, and my ID cards. I think these are the three things. That’s it. Well, a lot of extra tissue papers.”

    A few days ago ARY Digital asked Naeema about the most-searched Google questions about her on-screen character Rubab and gave answers to satisfy fans’ curiosities.

    “How to get hair like Rubab,” one question asked.

    “First of all, it’s important to acknowledge that I am a creation of Allah, as we all are. Secondly, it’s about your genes and who your parents are, so choose good parents if you can. Thirdly, maintaining a good diet is essential. Whenever I try to lose weight and don’t eat enough carbs, my hair thin out. It’s important to have a balanced diet that includes proteins, carbs, and fiber. Vitamins play a significant role. I take biotin and collagen, which help with hair health. Don’t forget to drink plenty of water, manage your stress levels, and get enough sunlight for that vitamin D,” Butt added.

    As for Rubab’s accent, Naeema said, “Well, it can be any accent you like British, American, Pakistani, or even a blend. It’s all about Rubab’s style.”

    When asked about how to get a job in Rubab’s company, Butt jokingly said, “For that, you’d have to kill Adeel because I’m not going to offer jobs just like that. It’s just about love.”

    Kabhi Main Kabhi Tum is written by Farhat Ishtiaq and directed by Badar Mehmood. It airs every Monday and Tuesday at 8:00 PM on ARY Digital.

  • Will PTI lawmakers support the 26th Constitutional Amendments?

    Will PTI lawmakers support the 26th Constitutional Amendments?

    A day after Chairman Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar Khan claimed that seven lawmakers of the ruling coalition lawmakers will vote against the 26th constitutional amendments, the incumbent government reportedly played its card and brought over opposition members to its side.

    Speaking on the YouTube channel ‘Talk SHOCK,’ veteran journalist Azaz Syed disclosed that 11 Members of the National Assembly (MNAs) of PTI are with the incumbent government. “The government will only use four to five PTI lawmakers” to vote in favour of Constitutional Amendments in parliament, he said.

    Speaking about the possible timing of tabling the 26th Constitutional Amendments in parliament, Syed predicted that in the next 48 hours, the Constitutional Amendments will be passed from the Senate (Upper House).

    “Chief Jamiat Ulema-e-Islam Fazl (JUI-F) Maulana Fazlur Rehman will support the constitutional amendments in the Senate,” Syed predicted.

    JUI-F on Thursday disclosed its key suggestions for the 26th Constitutional Amendment, suggesting the establishment of a constitutional bench within the Supreme Court (SC) of Pakistan as well as at high courts, reports said.

    According to reports, all political parties, including the Pakistan Tehreek-e-Insaf (PTI), have reached a consensus on the formation of a constitutional bench at the top court, and no party has objected to this suggestion.