Category: Uncategorized

  • Gold price increases by Rs3,500 per tola

    Gold price increases by Rs3,500 per tola

    In a notable turn of events, gold prices in Pakistan witnessed a substantial surge on Saturday, aligning with the upward momentum in the international market.

    The yellow metal reached a notable price point of Rs220,300 per tola, marking an impressive gain of Rs3,500 within the span of a single day.

    According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gramme gold now commands a selling price of Rs188,872, reflecting an increase of Rs3,001.

    This surge follows a noteworthy uptick on Friday when gold prices in Pakistan rose by Rs1,100 per tola.

    The international gold market also experienced a surge, with the Saturday rate set at $2,103 per ounce, indicating a $36 increase.

    The APGJSA reported a $20 premium on the international gold rate, emphasising the global dynamics influencing the precious metal markets.

    Simultaneously, silver rates in Pakistan witnessed an increase of Rs30 per tola, settling at Rs2,600.

    These fluctuations in precious metal prices underline the intricate interplay between local and global market forces, capturing the attention of investors and industry stakeholders alike.

  • Iran counts ballots in vote seen favouring conservatives

    Iran counts ballots in vote seen favouring conservatives

    Tehran, Iran – Iran began counting ballots on Saturday after a vote for parliament and a key clerical body, with local media estimating a low turnout and conservatives expected to dominate.

    Friday’s elections were the first since widespread protests triggered by the September 2022 death in police custody of Mahsa Amini, 22, an Iranian Kurd. She had been arrested for allegedly violating the Islamic republic’s strict dress code for women.

    Iran has also been badly affected by international sanctions that have led to an economic crisis since the last elections in 2020.

    State TV reported early Saturday the “start of vote counting” after polling stations closed at midnight. Voting hours had been extended several times during the day, the official IRNA news agency reported.

    A record figure of 15,200 hopefuls were competing for seats in the 290-member parliament. Another 144 candidates sought a place in the 88-member Assembly of Experts, which is exclusively made up of male Islamic scholars.

    The Assembly selects or, if necessary, dismisses Iran’s supreme leader. Many potential candidates for the chamber were disqualified.

    Local Fars news agency estimated turnout at “more than 40 percent”, among 61 million eligible voters.

    President Ebrahim Raisi welcomed the voters’ “enthusiastic” participation as “another historic failure to (Iran’s) enemies,” according to IRNA.

    Iran considers the United States, its Western allies and Israel enemies of the state and accuses them of seeking to intervene in its internal affairs.

    Reformist daily Ham Mihan ran an opinion piece titled “The Silent Majority”, which said turnout was “estimated to be lower than” in previous elections.

    Iran’s 2020 parliament was elected during the Covid pandemic with a turnout of 42.57 percent — the lowest since the 1979 Islamic Revolution.

    A state TV poll had found more than half of respondents were indifferent about this year’s elections.

    Candidates for parliament are vetted by a body, the Guardian Council, whose members are determined by the supreme leader.

    The present parliament is dominated by conservatives and ultra-conservatives, and analysts expected a similar makeup in the new assembly.

    Despite Supreme leader Ayatollah Ali Khamenei’s appeal for people to cast ballots, many Iranians were split on whether or not to do so.

    Former reformist president Mohammad Khatami was among people who avoided the poll, according to a coalition of parties called the Reform Front.

    In February the conservative Javan daily quoted Khatami as saying Iran is “very far from free and competitive elections.”

    rkh-ap/it

    © Agence France-Presse

  • Khyber Pakhtunkhwa’s cabinet will be finalised after Imran Khan’s approval

    Khyber Pakhtunkhwa’s cabinet will be finalised after Imran Khan’s approval

    The Khyber Pakhtunkhwa (KP) cabinet will be finalised after the approval of sentenced founder Pakistan Tehreek-e-Insaf (PTI), Imran Khan, Geo has reported, quoting newly-elected chief minister Ali Amin Gandapur on Saturday.

    “I will meet the PTI founder over [matters pertaining to the formation of the] KP cabinet on Monday (March 4),” Gandapur said.

    Geo sources claimed that there are 15 members on the list of prospective cabinet members that will be shown to founder PTI, including the names of Mushtaq Ghani, Khaleeq ur Rehman, and Aqib Ullah Khan. 

    The development comes days after newly-elected members of the provincial legislature were sworn in by now-former speaker Mushtaq Ghani in a ruckus-hit inaugural assembly session.

    A day earlier, Ali Amin Gandapur, after being elected chief minister, demanded the resignation of Chief Election Commissioner (CEC) Sikandar Sultan Raja in his victory speech in the provincial assembly.

  • Gold price in Pakistan surges to Rs216,800 per tola

    Gold price in Pakistan surges to Rs216,800 per tola

    In a noteworthy surge, gold rates continued their upward momentum on Friday, amplifying economic concerns for investors and traders.

    The price of 24-karat gold witnessed a significant surge, jumping by Rs1,100 per tola to reach Rs216,800.

    The Karachi Sarafa Association, a key player in the precious metals market, reported that the price of 10-gramme 24-karat gold also experienced a notable increase, settling at Rs185,871 per tola.

    This reflected a substantial rise of Rs943, prompting a reevaluation of investment strategies in the local jewellery market.

    Similarly, the price of 10-gramme 22-karat gold exhibited an upward trend, reaching Rs170,382 per tola, marking a gain of Rs865.

    This surge in gold prices is creating ripples across the domestic market, influencing the decisions of both investors and consumers alike.

    On the global front, the international spot gold market is witnessing an upward trend, with a $2.77 increase on the day, currently trading at $2,046.72.

    This surge in global gold prices is directly influencing the domestic market, with the gains seen locally being closely linked to the rally in the international gold market.

    The international gold market is on track for a third consecutive daily victory, driven by a relatively weaker dollar. The weakening of the dollar has bolstered gold prices, making it an attractive investment amid economic uncertainties.

    Furthermore, the Pakistani rupee recorded a marginal decline against the US dollar, depreciating by 0.03 per cent in the inter-bank market on Friday.

    At the close, the local unit settled at 279.19, reflecting a loss of Re0.08 against the greenback, according to the State Bank of Pakistan (SBP).

    This slight depreciation comes after a relatively stable period on Thursday, where the rupee settled at 279.11 against the US dollar.

  • More than 4,000 cases of child abuse recorded in Pakistan in 2023: Report

    More than 4,000 cases of child abuse recorded in Pakistan in 2023: Report

    The latest National Commission for Human Rights (NCHR) report reveals another concerning figure of child abuse recorded in 2023.

    According to the report, Cruel Numbers 2023, a total of 4,213 children were reportedly affected by abuse of various kinds in Pakistan.

    This indicates that 11 children were abused everyday.

    The report is compiled by Sahil and as per the reported cases, 53 percent of the victims were girls while 47 percent were boys.

    The youngest age group of children sexually abused was between 0-5 years old.

    Highest number of cases recorded were in Punjab with 75 percent reported incidents.

    Sahil Executive Director Manizeh Bano points out that Article 25-A of the Constitution assures free education for children aged between five to 16 years, further asserting on the “importance of providing life-skills based education to empower children and protect them from exploitation”.

  • Faisalabad: New revelations coming up in minor housemaid assault case

    Faisalabad: New revelations coming up in minor housemaid assault case

    Important details are coming to light in the death of 11-year-old Ayesha allegedly at the hands of house owners in Faisalabad.

    Ayesha, an 11-year-old domestic worker who was killed by violence in Faisalabad, got hired four months ago for a salary of 5,000 per month in a house belonging to a female lecturer in Naimat Colony.

    Ayesha was beaten up on the allegations of theft to such an extent that she succumbed to her injuries and died.

    Her parents have said that when they reached the Civil Hospital, they saw that their daughter was badly injured. They also revealed that they are being pressured by the influential suspects to reconcile, but they want them to be punished severely. Three of them are in police custody.

    The police has informed Geo News that the girl was hired three to four months ago, while the child was beaten up a week ago. Further investigation is going on.

    Previously, a horrific incident of violence against a young housemaid came to light in Faisalabad over the weekend. A 10-year-old maid died at the hands of her employers, reported Aaj TV.

    The incident took place in Faisalabad’s Naimat Colony area, where a 10-year-old domestic worker died due to violence, after which the employers were detained and an investigation started. Three people, including two women, have been named in the case and all the suspects have been arrested.

    Ayesha, 10, had been serving as house help in the house of Fazl-ur-Rehman, Suneela Tufail, and Raheela Tufail. The mother of the girl has said that she was not allowed to meet the child for three months. She was only informed about the death of the child.

    According to the police, the female owner reached the civil hospital last night with the body of the girl. There were marks of violence on the girl’s body. The owner claimed that these were the marks of allergy on the girl’s body but the parents of the girl registered the case of death by violence in the police station.
    The police spokesperson said that more facts will come out after the autopsy.

  • Israel forces kill more than 110 civilians rushing for food aid

    Israel forces kill more than 110 civilians rushing for food aid

    Israeli forces in Gaza opened fire on Palestinians scrambling for food aid in a chaotic melee on Thursday that the health ministry said killed more than 100 people.

    The Israeli military said a “stampede” occurred when thousands of desperate Gazans surrounded a convoy of 38 aid trucks, leading to dozens of deaths and injuries, including some who were run over by the lorries.

    An Israeli source acknowledged troops had opened fire on the crowd, believing it “posed a threat”.

    Gaza’s health ministry condemned what it called a “massacre” in Gaza City in which 112 people were killed and more than 750 others wounded.

    Türkiye accused Israel of committing “another crime against humanity” and condemning Gazans to “famine” as civilians scavenge for dwindling supplies of food.

    “The fact that Israel… this time targets innocent civilians in a queue for humanitarian aid, is evidence that (Israel) aims consciously and collectively to destroy the Palestinian people”, the Turkish foreign ministry  said in a statement.

    “We therefore call on all those with influence over the Israeli government to stop the ongoing violence in Gaza.”

    The incident adds to a Palestinian death toll from the war that the ministry said had topped 30,000, and dampens hopes a truce deal between Israel and Hamas militants could be just days away.

    There were conflicting reports on what exactly unfolded in the hours before dawn.

    A witness in Gaza City, declining to be named for safety reasons, said the violence began when thousands of people rushed towards aid trucks at the city’s western Nabulsi roundabout, with soldiers firing at the crowd “as people came too close” to tanks.

    Israeli army spokesman Daniel Hagari said the military had fired “a few warning shots” to try to disperse a crowd that had “ambushed” the aid trucks.

    When the crowd got too big, he said the convoy tried to retreat and “the unfortunate incident resulted in dozens of Gazans killed and injured”.

    Aerial images released by the Israeli army showed what it said were scores of people surrounding aid trucks in Gaza City.

    Ali Awad Ashqir, who said he had gone to get some food for his starving family, told AFP he had been waiting for two hours when trucks began to arrive.

    “The moment they arrived, the occupation army fired artillery shells and guns,” he said.

    Hagari later denied Israeli forces carried out any shelling or strikes at the time.

     ‘Another day from hell’ 

    U.S. President Joe Biden said Washington was checking “two competing versions” of the incident, while a State Department spokesman said the United States had been in touch with Israel and was “pressing for answers” on what happened.

    The incident would complicate efforts to broker a truce, Biden said, later admitting that any deal was unlikely to happen by Monday — the timeline that he had predicted earlier this week.

    The U.S. president spoke with Qatari and Egyptian leaders in separate phone calls, the White House said, saying he discussed both the ceasefire and the “tragic and alarming” aid incident.

    The U.N. Security Council held a closed-door emergency meeting on the incident.

    The U.S. deputy ambassador to the U.N. Robert Wood condemned the incident before entering the meeting, calling it a “tragic day”.

    Saudi Arabia strongly condemned what it called the “targeting” of unarmed civilians, while Kuwait and the UAE also issued condemnations.

    Qatar warned that Israel’s “disregard for Palestinian blood… (will) pave the way for an expanding cycle of violence”.

    French President Emmanuel Macron expressed his “strongest condemnation”, while Spain’s foreign minister described the events as “unacceptable”.

    European Union foreign affairs chief Josep Borrell also denounced the “carnage”.

    Looting of aid trucks has previously occurred in northern Gaza, where desperate residents have taken to eating animal fodder and even leaves to stave off starvation.

    The chief of the United Nations agency for Palestinian refugees, UNRWA, said that no U.N. agency had been involved in Thursday’s aid delivery, and called the incident “another day from hell”.

  • Ali Amin Gandapur elected KP chief minister

    Ali Amin Gandapur elected KP chief minister

    Ali Amin Gandapur, leader of the Pakistan Tehreek-e-Insaf (PTI), contested as an independent candidate in the recent elections in Khyber Pakhtunkhwa. He won the vote to become the new chief minister of the province on Friday afternoon, after the voting finished in the Khyber Pakhtunkhwa (KP) Assembly.

    PTI founder Imran Khan has nominated Ali Amin Gandapur as the party’s candidate for KP Chief Minister. There is a high chance of his winning based on the number of PTI-backed members in the provincial assembly.

    The former federal minister decided to contest the top provincial post in an independent capacity after refusing to join the Sunni Ittehad Council (SIC) — the party which was joined by PTI-backed independent winners to claim their seats.

    Gandapur was the former federal minister of Kashmir affairs and Gilgit-Baltistan during the PTI government in the centre from October 2018 to April 2022.

    Previously, he was a member of the KP Assembly from 2013 to 2018 and served as provincial minister of Khyber Pakhtunkhwa for revenue.

  • Gold price rises to Rs215,700 per tola with Rs900 surge

    Gold price rises to Rs215,700 per tola with Rs900 surge

    The 24-karat gold price in Pakistan has once again surged, rebounding from a previous drop of Rs1,100 per tola in the last trading session.

    The latest market data reveals a noteworthy increase of Rs900 per tola, closing at Rs215,700 per tola on Thursday.

    On the preceding day, gold prices had recorded a dip to Rs214,800 per tola, experiencing a decline of Rs1,100. However, the recent spike has brought the values back on an upward trajectory.

    The local market also witnessed a rise in the price of 10 grammes of 24-karat gold, marking an increase of Rs772 to reach Rs184,928 from Rs184,156.

    Similarly, the price of 10 grams of 22-karat gold climbed to Rs169,517 from Rs168,810, as reported by the All Sindh Sarafa Jewellers Association.

    The association suggests that these fluctuations are closely tied to the fluctuations in the value of the US dollar.

    This correlation emphasises the intricate relationship between currency values and gold prices, highlighting the impact of global economic factors on local gold markets.

    In contrast, the price of 24-karat silver remained stable at Rs2,570. Internationally, the global gold price experienced a minor uptick of $9, reaching $2,057 per ounce.

    This stability in silver prices locally and the marginal increase in global gold prices indicate the complex dynamics at play in the precious metals market.

    Investors and market analysts continue to monitor these shifts closely, recognising the interplay between global economic variables and the valuation of precious metals in the local market.

    The resilience of gold prices, despite recent fluctuations, underscores the ongoing influence of international factors on Pakistan’s gold market.

  • Arrested journalist Asad Toor goes on hunger strike

    Arrested journalist Asad Toor goes on hunger strike

    Journalist and vlogger Asad Toor has initiated a hunger strike following his detention by the Federal Investigation Agency (FIA) on charges related to his social media activities.

    Toor’s lawyer, Hadi Ali Chatta, disclosed on Thursday that the vlogger has abstained from eating since the past 36 hours. The update on Toor’s health came after his mother was permitted to visit him on court orders at the FIA office.

    “@AsadAToor specifically told me that he is not being asked any questions regarding the judiciary but is asked about his vlogs against military and questions are being asked about specific generals and vlogs against them . Questions are sent in the FIA office on a “parchi” and @AsadAToor‘s answers are also sent out thru a “parchi” . He is on hunger strike and has refused to eat anything for the last 36 hours. Last night rescue 1122 had to be called because of his deteriorating health,” wrote Hadi on X (former Twitter).

    Concerns about Toor’s well-being escalated when he fell ill last night, prompting the FIA to call in rescue personnel. However, despite his deteriorating health, Toor has not been questioned about the alleged anti-judiciary campaign but rather about his vlogs concerning other individuals, as indicated by his legal representation.

    Imaan Mazari, another lawyer representing Toor, emphasized that the ongoing investigation does not pertain to contempt of judges.

    “On court order, counsels & @AsadAToor’s mother were allowed to meet him today in FIA CCRC Isb. He is on hunger strike and though his spirits are high, he is physically very weak. We are very concerned abt his health. Not a single q in investigation has been on subject of enquiry,” wrote Imaan on X (former Twitter).

    The situation unfolded further on Tuesday when Judicial Magistrate Islamabad Muhammad Shabbir remanded the vlogger into custody for five days, with a directive for the agency to present him again on March 3, 2024.

    During the hearing, Toor, identifying himself as a journalist, refused to surrender his mobile phone. He asserted that he had appeared before the FIA twice and had received the notice on February 24. Moreover, he mentioned that he had challenged the call-up notice in the high court and arrived at the FIA office with the court’s order on February 26 to inquire about the FIR and the allegations against him.

    The FIR against Toor alleges that he conducted a malicious campaign against the judiciary on social media platforms, specifically X and YouTube, fueling anti-state activities. Consequently, he has been booked under the Prevention of Electronic Crimes Act 2016.

    Toor’s detention and subsequent hunger strike have sparked concerns among human rights advocates and journalists regarding freedom of expression and press freedom in Pakistan.