The rupee depreciated against the dollar on Wednesday after the Exchange Companies Association of Pakistan (Ecap) removed an unofficial cap on the exchange rate. According to a notice issued by Ecap Chairman Malik Bostan’s office, the USD was being traded at Rs243 in the open market at 11am, falling 0.93 percent from yesterday’s close of...
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January 24, 2023January 24, 2023World
Hundreds protest in Afghan city against desecration of Holy Quran in Sweden
Protester gather during a demonstration against the burning of the Holy Quran by Swedish-Danish far-right politician Rasmus Paludan, in Khost on January 24. — AFP Hundreds of Afghan men staged a protest in the eastern city of Khost on Tuesday to express anger at the desecration of the Holy Quran in the Swedish capital over the weekend....
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January 24, 2023January 24, 2023ECNOMICS
Exchange companies to remove cap on dollar rate from tomorrow
The Exchange Companies Association of Pakistan (ECAP) announced on Tuesday that it would remove the cap on the US dollar from January 25 (tomorrow). The exchange rate has been primarily hit hard by a steep decline in the central bank’s foreign exchange reserves, which have shrunk to $4.6 billion. Currency experts say the rupee has been falling...
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January 24, 2023January 24, 2023World
US wants regional stability in South Asia to ‘advance’, says Pak-India dialogue ‘a matter of their own’
The United States has said it has been an explicit proponent of regional stability in South Asia while insisting that a dialogue between the two important regional players — Pakistan and India — was a matter between the two countries. “We have long called for regional stability in South Asia, but the pace, the scope,...
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January 24, 2023January 24, 2023Pakistan
PM Shehbaz reiterates Pakistan’s desire to complete 9th review of IMF programme
Prime Minister Shehbaz Sharif said on Tuesday that Pakistan had given a “clear message” to the International Monetary Fund (IMF) about the country’s desire to complete the ninth review of the $7 billion Extended Fund Facility (EFF). Addressing the launch of a loan scheme in Islamabad, the premier reiterated the government’s desire to complete the...
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January 23, 2023January 23, 2023Blogs
Women under Taliban’s rule
Under the Taliban regime, women in Afghanistan have seen their rights and freedoms stripped away. The Taliban came to power in Afghanistan in 1996 and imposed a strict interpretation of Sharia law on the country. Women were not allowed to work or attend school, they were forced to wear the burqa and were not allowed...
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January 20, 2023January 20, 2023Pakistan
HR launches campaign for women property righs
ISLAMABAD, Friday, January 20, 2023: Even after the amendment of the Prevention of Anti Women Practices Act in 2011, which gives women equal rights in inheriting property, over 80 per cent of women report not receiving their legal share in inheritance. To raise voice against this injustice, the NCHR among other forms of legal redress,...
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January 18, 2023January 18, 2023Pakistan
Karachi: Four people broke the minaret of the Ahmadiyya Jamaat and escaped
Karachi: Four people broke the minaret of the Ahmadiyya Jamaat and escaped According to the spokesperson of Ahmadiyya Jamaat, on the afternoon of January 18, three to four persons entered Ahmadiyya Jamaat’s place of worship in Martin Road, Karachi by placing a ladder and damaging the 2 minarets in front. Spokesman: The Ahmadiyya Jamaat has...
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January 15, 2023January 15, 2023World
Former MP Mursal Nabizada and her guard were killed in an attack.
Mursal Nabizada, a member of parliament (MP) during the former republic regime, was killed by unidentified attackers in Kabul. Nabizada was shot dead on Saturday night, January 15, in her house in the Arzan Qimat neighbourhood of the 12th PD of Kabul city. The assailants took away her belongings, including jewellery. A Taliban spokesman in Kabul...
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December 30, 2022December 30, 2022Columns
Gama is My Childhood Inspiration: Shayan Khan
As the news of making of feature film Gama, on the life and victories of the undefeated wrestler of Gama Pehlwan, The Great Gama or Rustam-e-Hind are taking hype, Shayan Khan, the producer of the film gets more enthusiastic for the project which is very dear and near to his heart. With the excitement the...