According to figures released on Friday by the Pakistan Cotton Ginners Association (PCGA), at least 1.06 million bales of raw cotton reached ginning factories between October 1 and 15, compared to 0.97 million bales during the same period last year. However, total phutti arrivals during the current cotton season have been reported at 3.101 million bales, compared to 5.996 million bales on the same date in the previous cotton season. This indicates a significant decrease in lint output of 48.26 percent. This year, Punjab has produced approximately 1.185 million bales, down 53.38 percent from 2.543 million bales by this time…
Author: Raja Zahid Khanzada
The information examination proposes that every one of the gatherings, including oil products, buyer durables and unrefined substances, saw a development in imports during the primary quarter of 2024-25 over a similar period last year, as per information ordered by the Pakistan Department of Measurements. Between July and September, the overall import bill increased by 10.58 percent year-over-year to $13.39 billion, primarily as a result of an increase in the arrival of petroleum crude, the machinery, and automobile sectors. Petroleum group imports increased to $4.05 billion, according to product-wise data, from $3.50 billion in the same quarter last year. Crude…
HOUSTON: After data revealed that refinery output decreased for the sixth consecutive month and that China’s economic growth slowed, oil futures fell on Friday and were on track for a weekly decline of 8%. By 11:09 a.m. EDT, Brent crude futures were down $1.69, or 2.27 percent, to $72.74 a barrel, while US West Texas Intermediate crude was down $1.72, or 2.43 percent, to $68.95 a barrel. Since Opec and the International Energy Agency reduced their forecasts for global oil demand in 2024 and 2025 on Sept. 2, both benchmarks are on track to fall by approximately 8 percent this…
According to information from the State Bank of Pakistan (SBP), the extraordinary credits for the period finishing September remained at Rs227.541 billion as against Rs227.296bn in August, showing a miserable increment of 0.2 percent month-on-month (Mother). In June 2022, auto financing reached its peak of Rs368 billion. On June 10, the State Bank of Pakistan lowered the interest rate for the first time, from an unprecedented 22 percent, to 20.5 percent. Following this, a further reduction to 19.5 percent on July 29 and 17.5 percent on September 12 revived auto financing sales. In light of reports of additional drops in…
ISLAMABAD: The eastern course of the China-Pakistan Financial Hallway (CPEC) has been viewed as the most profitable concerning commonplace portrayal, provincial and trans-line availability, the travel industry, and financial advantages, while Islamabad and Dera Ismail Khan have been recognized as the top monetary and transport centers because of their essential areas and interconnectivity. This was the essence of a consultative meeting on change of transport passageways into financial hallways managed by Priest for Arranging and Improvement Ahsan Iqbal. Waqas Anwar, a member infrastructure organization, claims that the eastern route is the most feasible option with the least amount of travel…
ISLAMABAD: The secretary of irrigation for Khyber Pakhtunkhwa has assumed the position of Irsa chairman until the appointment of a regular KP member, the Indus River System Authority announced on Friday. The appointment of Engineer Sahibzada Muhammad Shabir, who was nominated by KP as its member on September 10, has been delayed by the federal government. “Muhammad Ayaz, Secretary Water system Department, Legislature of Khyber Pakhtunkhwa/Member Irsa KP has accepted the charge of the workplace of Irsa executive with impact from Oct 18, 2024, till the arrangement of customary part KP,” said the notice gave by the controller. Following the…
The Punjabi superstar Iljit Dosanjh is now the first South Asian artist to be featured on the cover of Billboard Magazine. Dosanjh, a pioneer of the “Punjabi wave,” which combines folk music with rap and hip-hop, will be featured on the cover of Billboard Canada’s first ever print edition, which will be released in December. Even though Dosanjh’s Dil-Luminati tour was marred by controversy over dancers not being paid, it has been deemed one of the most successful tours by a South Asian artist. Presently, Board Canada’s introduction print release will include selective in the background stories from the visit,…
On Saturday, federal government ministers asserted that, whatever the circumstances, the required number of lawmakers existed to approve the highly anticipated 26th constitutional amendment. The federal government is scheduled to meet today, Saturday, after multiple delays, to consider the judicial reform package. Following that, sessions in the National Assembly and the Senate will also resume. Legislation known as the Constitutional Package makes a list of proposed changes to the Constitution, one of which is to extend the term of the chief justice. The PTI is represented on a special parliamentary committee that was established last month and has been discussing…
Police said on Saturday that an explosion of fireworks stored in a house in Multan’s Aghapura area led to a roof collapse that resulted in three deaths and numerous injuries. “Three individuals kicked the bucket while three were harmed in a lamentable episode of a rooftop breakdown brought about by a blast coming about because of firecracker materials put away at a home in Aghapura [… ],” an assertion gave by Multan City Cop (CPO) Sadiq Ali Dogar said. The harmed were moved to Nishtar Clinic for treatment, the assertion added. The departed were distinguished as Riaz, Mansha and Safia…
October can feel like a strange time in between because summer’s excitement is over and winter hasn’t started yet. For the majority of us, this month brings fretful energy, more limited days, and a hankering for something satisfying to improve our night. Netflix has some new releases and some that have been available for a while for you to spice up your October watchlist, whether you’re looking to get lost in a spine-tingling thriller, solve a juicy murder mystery, or consider the darker side of human ambition. These genre-spanning shows entertain a variety of moods, from gothic horror based on…
