Latest News

After Eid, PTI will take to the streets. Asad Qaiser

Published

1 month ago

Farwa

In an interview with Meher Bukhari for KHABAR programme, he stated that the core committee will reconvene on April 12 to conclude items pertaining to the countywide protests.

The Sunni Ittehad Council, Majlis-e-Wadhat-e-Muslimeen (MWM), Mahmood Khan Achakzai, and Akhtar Mengal have also been in discussions with the party.

According to Qaiser, the PTI will also speak with Maulana Fazlur Rehman, the leader of Jamiat Ulama-e-Islam Fazl (JUI-F), and Liaquat Baloch of Jamaat-e-Islami (JI).

He stated that the Election Commission of Pakistan (ECP) has failed in its constitutional and legal duties and is simply there to keep the PTI out of the system, accusing the ECP of turning into a party opposed to them.

Qaiser said that the ECP was holding recounts in constituencies where his party’s candidates had won in an effort to award the seats to the Pakistan Muslim League-Nawaz (PML-N), calling the ECP’s rulings against the PTI abhorrent.

The PTI’s mandate was purportedly stolen through electoral manipulation on February 8, according to the former Speaker of the National Assembly, and that is why the ECP was not seeking a recount.

It is important to note that the opposition members’ plea led the provincial election commissioner in Khyber Pakhtunkhwa to postpone the Senate elections.

Following consultation with Chief Electoral Commissioner Sikandar Sultan Raja, Provincial Election Commissioner Shamshad Khan declared that the Senate elections in Khyber Pakhtunkhwa would be postponed.

Since there was still disagreement regarding the sworn-in of the opposition members of the Khyber Pakhtunkhwa Assembly who had been elected to reserved seats, the opposition members had moved the ECP.

He claims that a leader of the Pakistan People’s Party (PPP) told him that efforts were on to lower the party’s representation in the assembly.

The PTI spokesperson quoted the PPP leader, who wished to remain anonymous, and stated that the attempts were made to give the PML-N a majority.

Qaiser emphasised the need for judicial inquiry in view of the pressures on the judiciary, the role of the ECP, and the threats against the PTI leadership, among the many concerns that the nation faces.

Business

Pakistan’s gold prices continue to decline.

Published

18 hours ago

Farwa

The price of ten grams of 24 carat gold dropped by Rs 1,201 to Rs 205,418 from Rs 206,619, while the price of ten grams of 22 carat gold dropped to Rs 188,300 from Rs 189,400, according to the All Sindh Sarafa Jewellers Association.

Silver, priced at Rs. 2,620 per tola and Rs. 2,254.80 per ten grams, stayed at that level. As reported by the organization, the price of gold dropped by $11 on the global market, to $2,297 from $2,308.

Business

Price of LPG “slashed” by Rs. 20 per kilogram

Published

18 hours ago

Farwa

Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

Business

ADB delegation stops by FBR headquarters

Published

18 hours ago

Farwa

Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.