Islamabad, Mar 28, 2025: US Defence Secretary Pete Hegseth has sparked controversy after unveiling a new tattoo on his arm that spells ‘kafir’ (infidel), a term that critics argue has been weaponized by Islamophobes. Hegseth shared images on his X account while visiting the US Navy’s SEAL Delivery Vehicle Team One at a base in Pearl Harbour, Hawaii, on Wednesday. One of the photos clearly displayed the Arabic word ‘kafir’ inked on his arm. Outrage and Accusations of Islamophobia The tattoo has ignited criticism from activists, scholars, and Muslim organizations, who argue that the word has been used by far-right…
Author: Iqra Khan
Islamabad, Mar 28, 2025: A massive 7.7-magnitude earthquake struck central Myanmar on Friday, leaving at least 144 people dead and 732 injured across the country. The tremor also caused widespread destruction in Thailand, where a skyscraper collapse in Bangkok killed three people and left 81 trapped under the rubble. The epicenter of the earthquake was near Sagaing, northwest of Mandalay, Myanmar’s ancient royal capital. A 6.4-magnitude aftershock followed minutes later, adding to the devastation. Myanmar Declares State of Emergency, Requests Foreign Aid Myanmar’s military junta, which has been battling an armed insurgency for four years, declared a state of emergency…
Islamabad, Mar 28, 2025: U.S. President Donald Trump has petitioned the Supreme Court to lift a lower court’s temporary block on his administration’s use of the Alien Enemies Act of 1798 to deport alleged Venezuelan gang members, as part of his administration’s hardline immigration policies. The Justice Department filed the request on Friday, arguing that the Constitution grants the president, not the judiciary, the authority to handle national security operations. “The republic cannot afford a different choice,” the Justice Department stated in its filing, contending that Trump’s actions are lawful under presidential wartime powers. READ MORE:
Islamabad, Mar 28, 2025: Federal Minister for Petroleum Ali Pervaiz Malik and Danish Ambassador to Pakistan Jakob Linulf held discussions on Friday to enhance bilateral cooperation in the energy and mining sectors. The meeting emphasized investment opportunities and the role of advanced mining technology in modernizing Pakistan’s resource extraction industry. Danish Expertise in Mining Technology During the discussions, Minister Pervaiz Malik expressed Pakistan’s interest in leveraging Danish expertise to improve the country’s mineral exploration and processing capabilities. With vast untapped mineral reserves, Pakistan is looking to adopt modern and sustainable technologies to boost its mining sector. A key focus was…
Islamabad, March 28, 2025: Pakistan is preparing to reduce electricity tariffs as part of a larger economic relief strategy to support manufacturers and strengthen exports. The decision follows a recent agreement with the International Monetary Fund (IMF), which will unlock $2.3 billion in financial assistance for the country. Speaking at the Boao Forum in China, Finance Minister Muhammad Aurangzeb confirmed that the government will soon announce lower power tariffs to ease the financial burden on businesses. This measure aligns with broader efforts to reduce financing costs and taxation pressures, helping industries expand production and compete in global markets. READ MORE:
Islamabad, Mar 28, 2025: BYD has announced its financial results for 2024, achieving historic highs in revenue, net profit, and research and development (R&D) investments. The company reported a total revenue of RMB 777.1 billion, marking a 29% year-on-year growth, while net profit attributable to shareholders surged 34% to RMB 40.25 billion. Unprecedented Growth in R&D and Financial Strength In a demonstration of its commitment to technological advancement, BYD invested RMB 54.2 billion in research and development (R&D), reflecting a 36% increase compared to the previous year. With this, the company’s cumulative research and development (R&D) expenditure has surpassed RMB…
Islamabad, Mar 28, 2025: Pakistan is set to receive $2.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF). The Resilience and Sustainability Facility (RSF) following recent Staff-Level Agreements (SLA), IMF spokesperson Julie Kozack confirmed. IMF’s Approval and Fund Allocation During a scheduled press briefing on Thursday, Kozack stated that the IMF Executive Board had approved a $7 billion, 37-month Extended Fund Facility (EFF) for Pakistan on September 25, 2024. Recently, the IMF concluded its first review of the program, reaching a Staff-Level Agreement (SLA) on March 25, 2025. READ MORE:
Islamabad, Mar 27, 2025: Faysal Bank Limited (FBL), a leading Islamic financial institution in Pakistan, has strengthened its commitment to community welfare through a significant collaboration with Indus Hospital & Health Network (IHHN). As part of this initiative, the bank inaugurated a dedicated floor in the hospital’s newly constructed building, further enhancing healthcare accessibility for underprivileged patients. Strengthening Healthcare Infrastructure During the visit, Mr. Mian Muhammad Younis, Chairman of the Board of Directors at Faysal Bank Limited , officially opened the new floor, marking a major expansion in the hospital’s capacity. This addition is expected to improve medical care facilities,…
Islamabad, Mar 27, 2025: As of March 27, 2025, gold prices in Pakistan have experienced notable fluctuations, reflecting both international market trends and local economic factors. Investors and consumers closely monitor these changes, given gold’s significance as a store of value and a hedge against inflation. Current Gold Prices in Pakistan On March 27, 2025, the price of 24-karat gold in Pakistan was recorded at approximately PKR 849,299 per ounce. This marks a significant increase compared to earlier in the month, where prices were around PKR 808,510 per ounce on March 3, 2025. For a detailed view of gold…
Islamabad, Mar 27, 2025: The Competition Commission of Pakistan (CCP) has officially approved the merger of Olympia Synthetics Limited (OSL) with Olympia Industries (Private) Limited (OIL) under Section 11 of the Competition Act, 2010. This merger involves the consolidation of OSL, a public unlisted firm specializing in bulk filament yarn and recycled polyester fiber production, into OIL. A private company known for manufacturing synthetic carpets, polyester felt, synthetic yarn, and knitted fabric. The deal will be executed through a share swap arrangement between the two entities. READ MORE:
