Oil Giant Shell Exits Pakistan After 75 Years
Shell Plc has formally conveyed to the Pakistan Stock Exchange (PSX) that it has decided to exit Pakistan and sell its 77.42 percent shares to Saudi Arabian Wafi Energy LLC.…
UN Official Resigns Over Israel-Gaza ‘Genocide,’ Calls for Dismantling of ‘Settler-Colonial Project’
The United Nations (UN) high-ranking official Craig Mokhiber resigned in protest that it failed to stop the Israel-Gaza war and ‘genocide’ of Palestinians through the hands of Israeli forces. In…
Chinese Firms’ Withdrawal Dents Pakistan Steel Mills Privatization
Amid a substantial downturn in Chinese investment in the China-Pakistan Economic Corridor (CPEC), several major Chinese companies have withdrawn from the proposed acquisition and investment in state-run Pakistan Steel Mills.…
Pakistan’s weekly inflation eases
Pakistan’s weekly inflation rate eased by a third of a percentage point over the previous week driven by a decline in some kitchen items’ prices, especially pulses, chicken, onions, rice,…
Pakistan Halts Auto Parts Import Quotas for Japanese Carmakers Over Policy Violations, No Licenses Revoked
Pakistan’s has ceased the revalidation of the auto parts imports quota of three Japanese carmakers Toyota, Honda and Suzuki for violating the requirements of auto policy 2021-26. No license has…
U.S. Imposes Sanctions on Chinese Firms for Alleged Missile Tech Supply to Pakistan
In a major move, the United States imposed sanctions on three Chinese companies on Friday for their alleged involvement in providing Pakistan with ballistic missile technology and components, a statement…
Bird Nesting in Farmland Vulnerable to Extreme Heat, Study Reveals
As the Earth gets hotter because of climate change, the bird nesting becomes tougher and they hardly find safe places in farmlands to lay eggs and raise chicks. It leads…
Pak Suzuki Motor Company to Delist from Pakistan Stock Exchange
The Board of Directors (BoD) of Pak Suzuki Motor Company (PSMC) announced its decision to acquire all outstanding shares of the company and delist from the Pakistan Stock Exchange (PSX),…
How Americans Reacted to the Inflation Crisis?
Over the last two years, high inflation has adversely affected the American economy. This inflation crisis is undermining the financial well-being of millions of citizens, especially of the fixed-income population.…
Icebreaking Meeting: Caretaker Minister and PTI Leader Discuss Upcoming Elections
In a significant development in Pakistani politics, Caretaker Information Minister Murtaza Solangi reached PTI’s senior central leader Shafqat Mahmood and for the first time convened a meeting to address pressing…
The Risk of Dementia Higher Among Black and South Asian people
The prevalence of dementia is increasing globally, with certain ethnicities experiencing a high ratio. Contributing factors include an aging population, as well as hypertension, obesity, diabetes, and smoking. A study…
Sawiris Mulls $7bn Investment in Reko Diq; Saudi Arabia Wants to Be Partner
Naveed Ahmed Following Saudi Arabia, Egyptian tycoon Naguib Sawiris, a luminary in the realms of telecommunications and gold mining, is also considering a substantial investment in Pakistan’s Reko Diq Copper…
Pakistan Removes Senior Officer for Seeking Permission to Join Hamas in Gaza
Pakistani Senior police officer removed from his post for wanting to join Hamas during Gaza violence. He pledged 10% of his salary to aid Palestine. Pakistan condemns "genocide" in Gaza;…
Pakistan Hosts 14-Nation Indus Shield 2023 Air Warfare Exercise
Pakistan and over a dozen other countries are taking part in the mega Air Warfare Exercise, Indus Shield 2023. Pakistan Air Force (PAF) is hosting this 14-nation air exercise, at…
U.S. Urges Saudi Arabia and China to Pressure Hamas, Halt Conflict
Can the U.S. De-Escalate Hamas-Israel Conflict? Involving China and Saudi Arabia to Calm Hamas While Not Stopping Israeli Civilian Killings. The United States has asked Saudi Arabia and China to…
Pakistan to Auction 5G Spectrum by August 2024
Pakistan is gearing up to auction the 5G spectrum by August 2024, following the approval of the Federal Cabinet—the country’s top decision-making body headed by Prime Minister The Cabinet also…
World Bank Vows Comprehensive Template to Boost Pakistan’s Power Reform
World Bank while pledging its support for Pakistan’s ongoing power sector reform efforts, promised to deliver a comprehensive privatization template to Islamabad next week, with the aim of expediting the…
Why Israel is selling $30 billion in foreign currency?
Israel has announced to selling of up to $30 billion of foreign currency in the open market to stabilize its own currency ‘Shekel’. This is the first-ever sale of foreign…
Saudi Arabia Ends Talks on Normalizing Relations with Israel
Surprisingly, Saudi Arabia has declared that they are no longer going to engage in any talks concerning normalizing relations with Israel. US Secretary of State Antony Blinken was informed that…
India Elderly Population to Double by Mid-Century
The United Nations Population Fund (UNFPA) has predicted that by mid-century, the ratio of the elderly population in India aged over 60 years will double. Presently, a tenth of the…
Russia to Ease Diesel Export Ban with Price-Control Quotas Soon
Russia is likely to relax a ban on pipeline exports of diesel in a few days with quotas to prevent price spikes. The ban on gasoline exports will continue for…
How to Recover Money If My Cash App Account is Compromised?
In today’s advanced technological and digital age, money transaction has become more convenient with the introduction of mobile apps like Cash App. But, at the same time, cybercriminals have also…
Is Meta to charge EU users for Ad-Free Facebook and Instagram?
Mark Zukerberg’s Meta to introduce Facebook and Instagram subscription models for Europeans and charge a monthly fee Meta is considering the possibility of charging Europeans $13/month for ad-free versions of…
Citigroup Forecasts Crude Oil Price Drop to $70/Barrel in 2024
Citigroup Inc. has predicted that there shall be a drop in crude oil prices next year, with a likely reduction to US$70 a barrel. This is primarily because of lower…
China’s “Chang’e 6” Moon Mission to Carry Pakistani Satellite
The Moon Mission Will Carry Payloads from Pakistan, ESA, France, and Italy. It includes Radioactive Gas Testing Instruments and CubeSat Satellite. China’s Moon mission “Chang’e-6” which is to be launched…