Pakistan Tehreek-e-Insaf (PTI) senior leader Asad Qaiser announced that the party’s founder, Imran Khan, could be released from detention within an hour but firmly rejected any notion of striking a deal for his freedom. Speaking at a press conference in Swabi, Qaiser emphasized PTI’s commitment to a peaceful protest on August 5, marking the anniversary...
On August 3, 2025, India reaffirmed its commitment to continue purchasing oil from Russia, undeterred by U.S. warnings and threats of tariffs. Indian officials clarified that no directive has been issued to halt or reduce oil imports from Russia, the country’s largest supplier, accounting for roughly 35% of India’s crude oil needs. Long-term contracts with...
On August 1, 2025, the World Health Organization (WHO) officially recognized Madinah Munawwarah as a “Healthy City,” a prestigious accolade highlighting the city’s commitment to public health, environmental sustainability, and community well-being. Prince Salman bin Sultan, Governor of Madinah Region, accepted the WHO accreditation certificate from Minister of Health Fahd Al-Jalajel. The governor emphasized that...
U.S. President Donald Trump has lowered Pakistan’s import tariff rate to 19% from 29%, effective August 7, 2025, following a trade agreement finalized on July 31. The decision, announced via an executive order, comes a day after Trump hailed a “landmark energy partnership” with Pakistan to develop its oil reserves, signaling a new chapter in...
Gold prices across Pakistan saw a modest decline today, offering a small reprieve for buyers. The price of 24-carat gold per tola dropped by Rs. 100, settling at Rs. 352,900. Similarly, 10 grams of 24-carat gold fell by Rs. 86, now priced at Rs. 302,555. The price of 22-carat gold per tola also decreased by...
Pakistan’s Oil and Gas Development Company Limited (OGDCL) has struck oil for the 13th time in Tando Allahyar, Sindh, marking another milestone in the nation’s quest for energy self-sufficiency. The company notified the Pakistan Stock Exchange (PSX) of the discovery at the Chakar-1 well in the TAL Block, reinforcing Pakistan’s potential as a hydrocarbon-rich region....
Petrol users can breathe a sigh of relief as the price per liter drops by Rs. 7.54, bringing it to Rs. 264.61. On July 31, 2025, Pakistan’s federal government rolled out the new revision in petroleum product prices, effective from August 1, 2025, to August 15, 2025. On the other hand, high-speed diesel (HSD) sees...
The federal government has ordered the closure of all Utility Stores Corporation (USC) outlets across Pakistan, ending a 54-year-old state-run retail chain that provided affordable essentials to millions of low-income households. The decision, finalized on July 31, 2025, has left over 11,000 employees jobless, sparking widespread concern about economic fallout and worker welfare. The Ministry...
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...