We hope that PTI will join the meeting, says Ishaq Dar. Deputy PM states the government has prepared a response to PTI’s demands. PTI must return to the table; dialogue is the only way forward: Rana Sanaullah. ISLAMABAD: The federal government and National Assembly Speaker Ayaz Sadiq on Monday expressed optimism that Pakistan Tehreek-e-Insaf (PTI) would return to negotiations. This statement followed the inconclusive end of the fourth round of talks, which stalled as PTI chose not to attend. Speaking to the media, Ayaz Sadiq said the absence of PTI hindered progress in the discussions. “I hope the dialogue will…
Author: Web Desk
The State Bank of Pakistan (SBP) on Monday reduced the policy rate by one percentage point, lowering it from 13% to 12%. This decision came after the latest meeting of the Monetary Policy Committee, which highlighted significant improvements in key economic indicators, including a persistent current account surplus and a sharp decline in inflation. In a press conference following the meeting, SBP Governor Jameel Ahmad stated that the rate cut was made possible due to favorable economic conditions, particularly the country’s current account, which has remained in surplus for six consecutive months. “The ongoing surplus in the current account and…
Going to bed early is one of the healthiest habits a person can adopt to enjoy good health, strong immunity, and mental well-being. Early sleep allows the body to rest and helps you wake up feeling refreshed. The health benefits for the body and immune system are numerous. A report stated that sleep promotes the proper and healthy secretion of hormones in the body. The report also focused on the connection between sleep and brain functions, highlighting that early sleep improves cognitive thinking, attention, and memory while reducing mental distractions. Research found that sufficient and good sleep positively impacts heart…
The Punjab government has launched the ‘Nigahban Ramzan Relief Package’ to assist families facing financial hardships during the holy month of Ramadan. Individuals seeking relief must complete their registration by February 15, with a dedicated helpline and online portal available to simplify the process. Citizens can register for the package through multiple channels, including the Punjab Socio-Economic Registry (PSER) portal (pser.punjab.gov.pk), local Union Councils, or municipal offices. A helpline has been set up at 0800-02345 to guide applicants through the registration process. Eligibility Criteria To qualify for the Nigahban Ramzan Relief Package, applicants must meet the following conditions: PSER Registration:…
Saudi Arabia, the world’s largest oil exporter, is preparing to raise crude prices for Asian buyers in March, potentially reaching their highest levels in over a year. This surge in prices comes as demand from China and India rises, alongside U.S. sanctions that have disrupted Russian oil supply. According to a Reuters survey, the official selling price (OSP) for Saudi Arabia’s flagship Arab Light crude may increase by $2 to $2.50 per barrel from February. One source expects a $3 per barrel rise across all grades. This suggests that the price for Arab Light could climb to at least $3.50…
On Monday, January 27, 2025, the Saudi Riyal (SAR) remained unchanged in Pakistan’s open market. The buying rate stayed at Rs74.31, while the selling rate remained at Rs74.51. Saudi Arabia continues to be the largest source of remittances for Pakistan. In December 2024, overseas Pakistanis residing in the kingdom sent $770.6 million in remittances. This amount reflects a 6% month-on-month increase and a notable 33% rise compared to the $577.6 million sent in the same month last year. SAR to PKR Exchange Rate – January 27, 2025 Date: January 27, 2025 Latest Exchange Rate: Rs74.31 Change: 0 The Saudi Riyal…
Oil prices dropped on Monday after U.S. President Donald Trump called on OPEC to reduce oil prices following the announcement of various measures to boost U.S. oil and gas output during his first week in office. Brent crude futures dropped by 53 cents, or 0.68%, to $77.97 per barrel, while U.S. West Texas Intermediate crude fell by 50 cents, or 0.67%, to $74.16 per barrel. Trump reiterated his call for the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices to hurt Russia’s finances and help end the ongoing war in Ukraine. “One way to stop it quickly…
Chinese artificial intelligence (AI) startup “DeepSeek” has surpassed OpenAI’s ChatGPT to become the number one free app on the US Apple App Store. This milestone, achieved just days after the company’s AI assistant launched on January 10, has not only shaken up the competitive landscape of generative AI but also raised questions about the effectiveness of US export controls aimed at curbing China’s technological advancements. DeepSeek’s Rise to Prominence: The DeepSeek AI assistant, powered by the company’s flagship R1 model, quickly gained popularity among US users. By January 20, the app had climbed to the top spot on the App…
Imagine living underwater, not just for a few hours on a dive, but for months! Yes, you heard it right! A UK-based company, “DEEP,” is working on developing underwater living spaces where humans could live for extended periods. According to Euro News, the company suggests that these habitats could serve multiple purposes, including marine research, underwater tourism, and even security operations. The underwater habitat named “Vanguard” is 12 meters long and 7.5 meters wide, designed to support up to three people at a depth of 100 meters underwater. Reports state that it is intended as a testing platform for a…
Bill Gates recently opened up about his friendship with the late financier and sex offender Jeffrey Epstein in a new interview. In an interview with The Wall Street Journal, the former Microsoft CEO made a significant confession regarding the time he spent with Epstein. The 69-year-old Gates told WSJ, “In retrospect, I was foolish to spend any time with him. And he, sort of, got time with various people by spending time with other people. So yes, I think I was quite stupid. I thought it would help me with global health philanthropy. In fact, it failed to do that;…
