Gold prices declined significantly in both local and international markets, reflecting shifts in global economic conditions. In Pakistan, the price of 24-karat gold per tola fell by Rs 2,000, settling at Rs 353,000. The price of 10 grams of 24-karat gold also dropped by Rs 1,714, now standing at Rs 302,641. Globally, the spot price...
India has escalated its diplomatic efforts against Pakistan by submitting a controversial statement by Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur to the Financial Action Task Force (FATF). Gandapur, a senior leader of Pakistan Tehreek-e-Insaf (PTI), reportedly claimed on July 25, 2025, that Pakistani authorities arrest Taliban members, but certain state institutions, including the Inter-Services...
The US dollar weakened slightly against the Pakistani rupee in the interbank market, dropping by 8 paisas, according to the State Bank of Pakistan (SBP). The dollar closed at Rs 282.87, down from Rs 282.95 the previous day, reflecting a minor fluctuation in the currency’s value. This small decline aligns with recent trends reported by...
The Provincial Ombudsman for Sindh, Justice (R) Shahnawaz Tariq, has removed K-Electric CEO Moonis Alvi from his position after finding him guilty in a workplace harassment case. The Ombudsman also fined Alvi Rs 2.5 million, ordering him to pay within one month or face severe consequences, including asset seizure and restrictions on his national identity...
On July 30, 2025, the Federal Board of Revenue (FBR) announced a staggering Rs. 111 billion fine on fraudulent solar panel import companies involved in a sprawling money laundering and over-invoicing scheme. The FBR’s Directorate of Post Clearance Audit (South) in Karachi uncovered a sophisticated network of 13 fake companies, primarily based in Peshawar, Quetta,...
On July 30, 2025, Federal Health Minister Mustafa Kamal chaired a high-level meeting in Islamabad to review the progress of Pakistan’s ambitious telemedicine project, a transformative initiative aimed at delivering healthcare to the doorstep of millions. Joined by the Joint Secretary Health, Director General Development, and a Special Consultant on Telemedicine, the meeting focused on...
The Sindh Building Control Authority (SBCA) has launched a robust campaign against illegal constructions across Karachi, targeting builders and property owners who violate approved building plans. On July 30, 2025, the newly appointed Director General (DG) of SBCA, Shahmir Khan Bhutto, issued strict directives to all regional directors to file First Information Reports (FIRs) against...
Zulfiqar Ali Bhutto Jr., grandson of former Prime Minister Zulfiqar Ali Bhutto, at a press conference held at his ancestral home, 70 Clifton, Karachi, declared his independent entry into politics, distancing himself from the Pakistan Peoples Party (PPP) and announcing plans to form a new political party alongside his sister, Fatima Bhutto. Criticizing the PPP...
The Sindh Department of Culture and Tourism, under the directives of Chief Minister Syed Murad Ali Shah, announced a vibrant initiative to celebrate Pakistan’s 78th Independence Day under the theme “Jashn-e-Azadi – Ma’raka-e-Haq.” From August 1 to August 14, 2025, all cultural, historical, and tourist sites across Sindh will offer free entry, including waived museum,...
On July 29, 2025, the Sindh Mass Transit Authority (SMTA) convened its 15th Board Meeting, chaired by Senior Minister Sharjeel Inam Memon, to review and advance urban transport initiatives in Karachi. The meeting, held at the Sindh Secretariat, focused on increasing the Green Line Bus Rapid Transit (BRT) daily ridership from its current 72,000 passengers...