Islamabad, Oct 3: Quaid-i-Azam University (QAU) has announced the suspension of all academic activities and transport services for Friday, October 4, 2024, due to the ongoing political unrest in Islamabad and Rawalpindi. According to a notification from the university administration, buses will only operate until 4:00 PM on Thursday, October 3, after which no further services will be available. The closure, extending through the weekend, means the university will remain closed for three consecutive days. This decision comes as political protests, particularly by the Pakistan Tehreek-e-Insaf (PTI), are expected to escalate in the federal capital. Authorities have preemptively sealed Islamabad’s…
Author: Mawadat Fatima
Islamabad, Oct 3: Indian batter Yashasvi Jaiswal continues to rise rapidly in international cricket, gaining attention for his consistent performances. The 22-year-old left-handed opener shone in the recent India vs. Bangladesh Test series, scoring impressive half-centuries in both innings of the Kanpur Test, contributing to India’s 2-0 series victory. With 929 Test runs in 2024 across nine matches, Jaiswal is now just 634 runs short of breaking Sachin Tendulkar’s record of 1,562 Test runs in a calendar year, set in 2010. With seven more Test matches this year, including series against New Zealand and Australia, Jaiswal has ample opportunity to…
Islamabad, Oct 3: Turkish inflation falls less than expected in September at 49.4% Turkey’s annual inflation slowed to 49.4% in September, slightly below August’s 52%, but higher than the forecasted 48.1%, according to official data released on Thursday. The central bank has been raising interest rates in a bid to control soaring prices, following President Recep Tayyip Erdogan’s shift to orthodox monetary policies. Analysts suggest that this smaller-than-expected decline could delay further monetary easing until 2025, later than previously anticipated. Economists expressed concerns over continued core inflation growth, which rose by 2.97% on a monthly basis in September. The central…
Islamabad, Oct 3: Gold prices in Pakistan saw a decline on Thursday, following international market trends. The price of gold per tola dropped by Rs1,100, settling at Rs274,400, while the price for 10 grams of gold fell by Rs943, bringing it to Rs235,254. This comes after an increase of Rs600 on Wednesday, when the price reached Rs275,500. In contrast, silver prices remained unchanged at Rs3,050 per tola. Last week, gold reached a record high in Pakistan, hitting Rs277,000 per tola.
Islamabad, Oct 3: Rising tensions in the Middle East have led to significant disruptions in air travel, with global airlines either diverting or canceling flights on Wednesday. Regional airports, including those in Lebanon, Israel, and Kuwait, experienced substantial delays, according to data from FlightRadar24. As concerns about travel disruptions grew amid the escalating conflict, shares in the travel and airline sectors suffered, with Europe’s largest travel operator, TUI, seeing a nearly 5% drop and Lufthansa declining by 4.4%. Andrew Lobbenberg, an analyst at Barclays, noted that similar to previous conflicts, such as the Ukraine crisis and last year’s Israel-Gaza conflict,…
Islamabad, Oct 3: Nathan Porter, the International Monetary Fund’s (IMF) Mission Chief for Pakistan, recently indicated that the current loan program might be the last for the country if it effectively implements all recommended economic reforms. In an interview with Voice of America, Porter discussed Pakistan’s economic challenges and the IMF’s role in stabilizing the economy, confirming that the First Review of the loan program will commence in December and is expected to conclude between March and April 2025. Following the approval of the $7 billion IMF program, Prime Minister Shehbaz Sharif expressed that this could be Pakistan’s final program,…
Islamabad, Oct 3: Milestone ventures, including the Fairwinds Golf & Country Club, Innovista Indus, and Malir Industrial Park, were officially launched on September 26, 2024, at the Innovista Indus IT Hub in DHA Karachi. The ceremony, graced by Chief of Army Staff General Asim Munir and Chief Minister Sindh Mr. Murad Ali Shah, attracted a notable attendance from Karachi’s business community. During the event, the COAS highlighted the critical role of Karachi’s business sector in the nation’s economic progress, encouraging hard work for a brighter future. A significant moment was the groundbreaking ceremony for the Fairwinds Golf & Country Club,…
Islamabad, Oct 3: Malaysian Prime Minister Dato’ Seri Anwar Ibrahim held a one-on-one meeting with Prime Minister Muhammad Shehbaz Sharif in Islamabad on Thursday. The leaders engaged in constructive discussions in a friendly atmosphere, covering various bilateral, regional, and international matters of shared concern, particularly those affecting the Muslim community. They examined ways to enhance bilateral cooperation to achieve tangible results. Prime Minister Shehbaz Sharif congratulated Anwar Ibrahim on Malaysia’s forthcoming Chairmanship of ASEAN in 2025. Anwar expressed his support for Pakistan’s continued participation in ASEAN as a Sectoral Dialogue Partner and emphasized the importance of further collaboration between Pakistan…
Islamabad, Oct 3: In response to the increasing threat of dengue in Islamabad, the district administration has launched a citywide operation to enforce anti-dengue protocols, focusing on business centers, industries, and construction sites. The Islamabad Capital Territory (ICT) administration has warned businesses and industries to eliminate mosquito breeding grounds, especially stagnant water, which is a primary source for dengue larvae. Multiple arrests have been made for violations of these protocols, with 16 individuals detained for non-compliance. Assistant Commissioners have led raids in various sectors, including I-11, I-9, and G-8, and targeted hotspots like construction sites and educational institutions. The Deputy…
Islamabad, Oct 3: Italy has announced an increase of 10,000 migrant work visas for caregivers in 2025 as part of new migration rules aimed at addressing the country’s ongoing shortage of personnel to care for the elderly and disabled. This decision comes in response to Italy’s aging population and declining birth rate, which have heightened the demand for caregivers. The new experimental quota for caregivers adds to the previously established 452,000 work visa allocations for the period from 2023 to 2025, which already marked a significant increase of nearly 150% compared to the previous three years. Prime Minister Giorgia Meloni’s right-wing government has implemented various measures…