Pakistan Financial News

Zulfi Bukhari in Islamabad, however, no arrest was made, ARY News reported on Wednesday. Sources told ARY News that at the time of the raid, Bukhari was not present at his residence. Taking to Twitter, Bukhari said that police and unidentified men raided and sealed his house in the presence of the Assistant Commissioner & Deputy Commissioner.

Jammu and Kashmir in the Lok Sabha on Wednesday, including on representation of Kashmiri migrants, displaced persons from Pakistan-occupied J&K (PoJK) and Scheduled Tribes in the legislative assembly of the Union Territory of Jammu and Kashmir. The Jammu and Kashmir Reorganisation (Amendment) Bill, 2023 empowers the lieutenant governor to nominate two members, including a woman, from the Kashmiri migrant community and one member from the displaced persons from PoJK to the J&K legislative assembly.

₹75,000. A month ago, when World Cup schedule was announced, most hotels, including homestays, had taken an over 100% price hike in their asking room rate. Prices of 5-stars hotels had gone up from ₹5,000-8,000 a night to ₹40,000 to ₹1 lakh for 15 October.

NEW DELHI : Parliament Standing Committee on Foreign Affairs urged the government to consider the establishment of economic ties with Pakistan, despite the diplomatic deep-freeze in bilateral relations for some time. “Despite the lack of progress on the diplomatic front, the Committee urge the Government to consider the establishment of economic ties with Pakistan if they come forward and work towards broader people-to-people contacts in view of the cultural commonalities and civilizational linkages between our two countries and no feeling of enmity amongst citizens of both the countries," the Standing Committee said in its report on India’s “Neighbourhood First" Policy.

Pakistan and work towards broader people-to-people contacts given the «cultural commonalities and civilisational linkages» between the two countries. The Parliamentary Standing Committee on External Affairs chaired by BJP leader P P Chaudhary, in its report on 'India's Neighbourhood First Policy' presented to the Lok Sabha on Tuesday, observed that the policy was dynamic and that it adjusts to the country's renewed interests in the region while evolving according to regional circumstances.

India vs Pakistan match may get preponed to 14 October. “Security agencies have advised BCCI to reschedule the match date to October 14 from October 15," a BCCI source said as per ANI. The final decision on the date of the match will be taken in a meeting on 27 July.

New Delhi: The Parliamentary Standing Committee on Foreign Affairs has urged the Centre to consider establishing economic ties with Pakistan, despite the diplomatic deep-freeze in bilateral relations. “Despite the lack of progress on the diplomatic front, the Committee urges the government to consider the establishment of economic ties with Pakistan if they come forward and work towards broader people-to-people contacts in view of the cultural commonalities and civilizational linkages between our two countries and no feeling of enmity amongst citizens of both the countries," the standing committee said in its report, tabled on Tuesday, on India’s “Neighbourhood First" Policy.

Imran Khan, Pakistan's Supreme Court on Wednesday rejected the ousted prime minister's plea to stay the criminal proceedings against him in the Toshakhana corruption case. The case pertains to the allegations that the Pakistan Tehreek-e-Insaf (PTI) party chief had “deliberately concealed” details of the gifts he retained from the Toshakhana — a repository where presents handed to government officials from foreign officials are kept — during his time as the prime minister and proceeds from their reported sales.

Rajeev Chandrasekhar, minister of state for electronics and information technology, told FT that despite India's crackdown on Chinese manufacturers and mobile applications, New Delhi is " Open to investment from China". Chandrasekar told The Financial Times that, " We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws".

Australia opener David Warner has dismissed suggestions he and Steve Smith are going to quit test cricket after the final Ashes contest against England beginning at the Oval on Thursday.Warner has expressed his desire to play his last test in Sydney against Pakistan in January next year though he wants to play on until the 2024 Twenty20 World Cup. Australia have already retained the Ashes urn taking a 2-1 lead heading into the final test, and former England captain Michael Vaughan is among those who believe the duo could exit after the match at the Oval. Warner, talking to reporters on the eve of the match, called it a «joke».

BRICS group (Brazil, Russia, India, China, and South Africa) should collaborate in the effort to list terrorists and their proxies under the UN counter-terrorism sanctions regime. However, NSA emphasized the importance of conducting this process without any involvement of politics or biased standards. In essence, he urged for a fair and impartial approach to counter-terrorism measures within the BRICS nations.

Pakistan score's on Global Hunger Index (GHI) has dropped from 38.1 in 2006 to 26.1 in 2022, revealing the extent of the crisis that the gripped the country and its people, Dawn reported. The Pakistan chapter of the Global Hunger Index (GHI) released the data on Tuesday. The GHI ranked Pakistan at 99th position out of 121 countries surveyed.

Manipur and Mizoram –– have a completely divergent view on Myanmar refugees who have been entering their respective states. While the Manipur government has preferred to stick with the Union government’s diktat that state governments have no powers to grant refugee status to any foreigners, Mizoram has not stopped their influx into their state.

hotel industry that are worth discussing today. The first is about booming hotel rates ahead of the scheduled ODI International World Cup. The 2023 men's cricket world cup will be hosted by India from 5 October 2023 to 19 November 2023.

BJP's government's proposed introduction of a bill in the parliament to reserve three seats in the legislative assembly of Jammu and Kashmir for Kashmiri migrants and refugees from the Pakistan occupied Kashmir. The political parties maintained that the central government's move to amend the J&K Reorganization Act 2019 for this reservation, in absence of an elected government and assembly in J&K, subverts the constitutional and democratic right and will of the people of the union territory.

scheduled for October 15 in Ahmedabad might undergo rescheduling due to security concerns. The International Cricket Council (ICC) had initially slated this significant fixture to kickstart the tournament on the first day of Navratri, a festival widely celebrated in Gujarat with enthusiastic participation in garba nights. However, security agencies have advised the Board of Control for Cricket in India (BCCI) to reconsider the date, considering the potential strain on resources and personnel during the festive period, reported The Indian Express.

Narendra Modi paid his heartfelt tributes to the soldiers who made the ultimate sacrifice in the 1999 Kargil war, leading India to victory over Pakistan. In a tweet in Hindi, the Prime Minister highlighted that Kargil Vijay Diwas serves as a reminder of the extraordinary valour displayed by India's unparalleled warriors, who will forever serve as a source of inspiration to the nation's people. Meanwhile, Defence Minister Rajnath Singh paid homage to Kargil war heroes, laying a wreath at the Dras war memorial.

DateOn July 26, 2023, Kargil Vijay Diwas will be commemorated to pay tribute to the courageous Indian soldiers who valiantly fought in the Kargil War. The two neighbouring countries, which were involved in a significant conflict in 1971 that resulted in the formation of Bangladesh, have experienced ongoing tensions in the subsequent years. Although direct armed conflicts have been limited, they have been vying for control over the Siachen Glacier by establishing military outposts on the nearby mountain ridges.

Star Sports and streaming platform Disney+ Hotstar have released rate cards for advertisers for the upcoming Asia Cup and ICC Cricket World Cup. Star Sports is asking for Rs 120 crore for co-presenting sponsorship and Rs 90 crore for associate sponsorship opportunities for the World Cup. The broadcaster is asking spot buyers to pay a premium rate of Rs 31 lakh per 10-seconds for India and knockout matches. The sports broadcaster aims to secure Rs 26 crore for co-presenting sponsorship and Rs 20 crore for associate sponsorship for the Asia Cup while seeking spot buy rates of Rs 25 lakh per 10 seconds for India vs. Pakistan as well as the final match. "Disney Star will make every effort to capitalise on both events. It is counting on a variety of factors, including the festive season, India vs. Pakistan matches, and the ICC World Cup taking place in India after 12 years, to work in its favour," said a top ad sales executive. Industry watchers said that a lack of ad spending by startups coupled with the levy of 28% GST on gaming companies might upset the media company's ad revenue targets. Gaming has become one of the key advertising categories with annual ad spends by gaming companies estimated at $1 billion.

Pakistan's plan to import future shipments of Russian crude oil under a government-to-government (G2G) mechanism has hit a roadblock as Moscow is frustrated with the delay by Islamabad in setting up a Special Purpose Vehicle (SPV) to handle the payments and shipments. A Russian delegation visited Karachi last week to discuss the quality and pricing of its Ural grade crude oil, but was not satisfied with the progress made by Islamabad in creating the SPV, ET has learnt.

Anju, a married Indian woman who travelled to Pakistan's Khyber Pakhtunkhwa province and married her Facebook friend there on Tuesday, said she was as good as dead for her family back home. She had ruined the future of her two children, said her father Gaya Prasad Thomas, speaking to reporters at Bouna village in Gwalior district of Madhya Pradesh. «The way she ran away leaving her two children and husband behind… she did not even think of her children.