Pakistan’s foreign reserves decline by $153 million to $14.3 billion. Pakistan’s foreign exchange reserves witnessed a drop due to ongoing external debt repayments. According to the State Bank of Pakistan, its reserves fell by 153 million dollars, bringing the total to 14.3039 billion dollars. The country’s overall foreign exchange reserves were recorded at 19.6070 billion […]
Author: News Desk
New oil reserve found in Sindh’s Tando Allahyar district
New oil reserve found in Sindh’s Tando Allahyar district. The Oil and Gas Development Company Limited (OGDCL) has found an oil reserve in the Chakravan Well of the Tando Allahyar district, Sindh, with an expected daily output of 275 barrels of crude oil. According to OGDCL, drilling at the site began on June 2, and […]
WHO shares update on travel restrictions on Pakistan
WHO shares update on travel restrictions on Pakistan. The World Health Organization (WHO) has announced to extend conditional international travel restrictions on Pakistan for an additional three months due to ongoing concerns about the spread of wild poliovirus type 1 (WPV1). The 42nd meeting of the WHO Emergency Committee for Polio was held on June […]
Pakistan to import US crude oil for the first time
Pakistan to import US crude oil for the first time. Cnergyico (PSX: CNERGY) will import Pakistan’s first-ever crude oil cargo from the United States in October 2025 under a term agreement with Vitol, Reuters reported. The shipment of 1 million barrels of West Texas Intermediate (WTI) crude will be loaded from Houston this month and […]
Pakistan defeat West Indies by 14 runs in first T20
Pakistan defeat West Indies by 14 runs in first T20. Pakistan claimed a 14-run victory over the West Indies in the first match of the three-game T20 series. Batting first, Pakistan set a target of 179 runs. In response, the West Indies managed 164 for 7 in their 20 overs. For the West Indies, Johnson […]
Hulk Hogan’s cause of death revealed!
Hulk Hogan’s cause of death revealed! Wrestling legend Hulk Hogan’s cause of death has been disclosed, a week after the WWE hero died, aged 71. Days after legendary pro wrestler Terry Gene Bollea, aka Hulk Hogan, passed away at his home in Clearwater, Florida, on July 24, his cause of death has been confirmed as […]
Canada announces plan to recognise Palestinian state in September
Canadian Prime Minister Mark Carney on Wednesday declared that Canada will officially recognise the State of Palestine in September, joining the United Kingdom and France in pushing for a two-state solution amid the ongoing war in Gaza. Addressing a news conference in Ottawa, Carney said the recognition would be conditional on democratic reforms by the […]
FBR abolishes tax on digital goods and services
FBR abolishes tax on digital goods and services. The Federal Board of Revenue has ended a 5% tax on digital goods and services provided through online platforms. The decision comes after successful tariff negotiations with the United States to eliminate the tax imposed on foreign companies. The tax, introduced just a month ago in the […]