The State Bank of Pakistan reported a record inflow of $3.1 billion in December 2024, which Prime Minister Shehbaz Sharif lauded as a “historic increase.” Key Figures: Remittances grew by 29.3% compared to December 2023. A 5.6% increase from November 2024. Total remittances for the first half of FY2024-25 reached $17.8 billion, a 32.8% increase from $13.4 billion during the same period last fiscal year. Major Sources: Saudi Arabia: $770.6 million. UAE: $631.5 million. UK: $456.9 million. USA: $284.3 million. Other countries: Gulf nations: $310 million. EU: $360.3 million. Australia: $68.8 million. Malaysia: $15.8 million. Norway: $9.6 million. Prime Minister’s…
Author: Web Desk
The Pakistan Stock Exchange (PSX) witnessed a gain of over 600 points on Friday amid reports of profit-taking. Key Statistics: KSE-100 Index: Gained 609.03 points (0.54%) to close at 113,247.29 points. Total Shares Traded: 499,846,692, lower than 695,142,411 shares traded the previous day. Share Value: Rs24.142 billion, slightly less than Rs24.293 billion on the last trading day. Companies Overview: A total of 450 companies transacted shares. 177 companies recorded gains. 218 companies suffered losses. 55 companies remained unchanged. Top Trading Companies: WorldCall Telecom: 68,828,791 shares at Rs1.75 per share. Fauji Foods Limited: 31,850,296 shares at Rs17.09 per share. Cnergyico PK:…
According to the Pakistan Bureau of Statistics (PBS), weekly inflation decreased by 0.65% and decelerated to 1.9% on a year-on-year (YoY) basis. For the week ending January 9, the Sensitive Price Indicator (SPI) stood at 323.97 points, down from 326.10 points in the previous week. Out of 51 monitored items: Prices of 18 items increased, 10 decreased, and 23 remained stable. Items with Decreased Prices Tomatoes: 31.40% Potatoes: 10.36% Eggs: 5.96% Gram Pulse: 1.64% Onions: 0.87% Items with Increased Prices Moong Pulse: 2.56% Cooking Oil: 1.56% Sugar: 1.23% Chicken: 0.80% Vegetable Ghee: 0.61% Year-on-Year Price Changes Decline: Onions (36.25%), Wheat…
According to the All Sindh Sarafa Jewellers Association, the price of 24-karat gold per tola increased by Rs1,100, reaching Rs279,400 on Friday, compared to Rs278,300 on the previous trading day. Similarly, the price of 10-gram 24-karat gold rose by Rs943, going up from Rs238,597 to Rs239,540. The 10-gram 22-karat gold price also increased from Rs218,714 to Rs219,579. Meanwhile, the prices of silver per tola and 10 grams remained steady at Rs3,350 and Rs2,872.08, respectively. In the international market, gold prices rose by $11, climbing from $2,665 to $2,676, the association reported.
The government has announced revised prices for regasified liquefied natural gas (RLNG) for January. The Oil and Gas Regulatory Authority (OGRA) issued a notification detailing the updated rates. According to the notification, the Sui Northern Gas Pipelines Limited (SNGPL) will see a price decrease, while the Sui Southern Gas Company Limited (SSGCL) will face a price increase. The RLNG price for SNGPL has been set at $12.66 per MMBtu, whereas for SSGCL, it is $12.60 per MMBtu. In December, the RLNG price for SNGPL was $12.89 per MMBtu, and for SSGCL, it was $12.54 per MMBtu. Additionally, the federal government…
Actor Billy Crystal and his wife, Janice, have confirmed that the devastating Pacific Palisades fire has destroyed their home of nearly 50 years. In a joint statement, the couple expressed their heartbreak over the loss. The couple stated, “Words cannot describe the enormity of the devastation we are witnessing and experiencing. We ache for our friends and neighbors who have also lost their homes and businesses in this tragedy.” Reflecting on their time in the house, they said, “Janice and I lived in our home since 1979. We raised our children and grandchildren here. Every inch of our house was…
Due to the deadly wildfires ravaging Los Angeles, the Academy of Motion Picture Arts and Sciences has extended the Oscar nomination voting period. Originally scheduled to close on January 12, the voting window for the nearly 10,000 Academy members will now remain open until January 14. The announcement was made in an email sent to members by Academy CEO Bill Kramer on Wednesday afternoon. Kramer wrote, “We want to offer our deepest condolences to those who have been impacted by the devastating fires across Southern California. So many of our members and industry colleagues live and work in the Los…
Actress Triptii Dimri, celebrated for her roles in Bhool Bhulaiyaa 3, Animal, and Vicky Vidya Ka Woh Wala Video, has been in the spotlight not only for her acting career but also for her personal life. Recent rumors about her relationship with model-turned-businessman Sam Merchant have added to the buzz, which the actress finds both challenging and inevitable. In an interview with ETimes, Triptii opened up about the relentless scrutiny surrounding her private life. Addressing the rumors, she said, “Sometimes it really bothers because I love my freedom, and I miss the days where I could just walk on the…
Pakistani actor Agha Mustafa Hassan, known for his impactful performances, has expressed his frustration with being typecast as an antihero and shared his desire to take on more diverse roles. Speaking on a comedy show, the actor revealed his frustration with the industry’s narrow perception of his talents. “Producers seem to have boxed me into a specific category. I’ve always wanted to prove my range, but somehow I keep being offered similar roles,” Agha lamented, shedding light on the challenges of breaking stereotypes in the entertainment industry. While his acclaimed portrayal in Tere Bin earned him international recognition, it also…
Veteran Pakistani actress Asma Abbas has defended fellow actress Neelam Muneer, urging people to stop the unwarranted criticism following her recent wedding. Neelam Muneer recently tied the knot in Dubai, sharing stunning pictures from her wedding celebrations, which quickly became the talk of the town. The nationality and profession of her husband, Muhammad Rashid, an officer with Dubai Police’s Crime Investigation Department, sparked unnecessary debates online. As a result, Asma Abbas addressed the negativity in a heartfelt video shared on her YouTube channel. Asma Abbas stated, “Pakistan’s talented and sweet actress Neelam Muneer has gotten married. She is such a…
