Pakistan Financial News

foreign direct investments from China, and the government can consider FDI applications from Beijing in sectors involving high-end technologies like electric vehicles and batteries, which are not available in other nations, an official said. China has some modern capital equipment of different types, which can be important for India.

China linked to the ambitious China-Pakistan Economic Corridor. Muhammad Aurangzeb, Pakistan's Minister for Finance and Revenue, and Sardar Awais Ahmad Khan Laghari, the Minister for Energy (Power Division) are both in Beijing for the last three days, media reports said here on Saturday.

Chandu Champion’ will soon head to OTT! The Karthik-Aryan-starrer will soon be available for streaming on Amazon Prime Video!

divine guidance during challenging times. One such place is the "Plateau Nath Baba Mandir," located downhill of Kargil town. This temple, believed to possess miraculous protective powers, has saved troops from bombardment since the 1971 war and the 1999 Kargil War, as none of the numerous bombs landing near it have exploded. Soldiers stationed near the site believe the temple’s divine aura shields them from harm, earning its reverence among the Army and locals. The Punjab Regiment, currently guarding higher posts on the Line of Control at Kargil, maintains the temple.

Kargil War, on the ocassion of Kargil Vijay Diwas at Ladakh's Drass town. He spoke on the ocassion, extolling the many soldiers who sacrificed their lives for the country.

Even something as mundane as job hunting can become a terrifying ordeal for women. A job seeker in Pakistan was subjected to sexual harassment when she applied for a trainee position at Giga Group, an Islamabad-based firm. The woman, a young graduate named Adina Hira had applied T for an entry-level trainee and office assistant position through the Indeed app.

New Delhi: Close on the heels of PM Narendra Modi's Moscow trip for the annual summit, Russia is supplying 120 super long-range Surface-to-Air missiles to India that will give the country's military an edge over Pakistan.

Modi and Vladimir Putin. America is deep in the throes of election politics — Donald Trump's escape from near-death, Joe Biden's exit and Kamala Harris' entry into the presidential race are dominating the headlines. Tempers have calmed somewhat but all is not well in the realm.

Jammu and Kashmir, the India-Pakistan border, and parts of central and eastern parts of the country where Naxalites are active. In a revised travel advisory for India, the State Department said it has updated to reflect information on the northeastern states.

Geeta, who gained national attention when she returned to India from Pakistan in 2015, has cleared her Class 8 exams with good marks and is now aiming for a government job. The 33-year-old woman, who has speech and hearing disabilities, achieved a score of 411 out of 600 in the exams conducted by the Madhya Pradesh State Open School Education Board. She excelled particularly in social science and Sanskrit.

Airbus has shortlisted eight sites in India to open its second assembly line in the country in partnership with Tata Advanced Systems (TASL), weeks ahead of the inauguration of the first, which is for the C295 transport plane. The second plant will make the H125 and will be the fourth for the single-engine helicopter after factories in France, Brazil and the US. It will produce around 10 helicopters a year with the first of these debuting in early 2026. Airbus expects the Indian subcontinent excluding Pakistan to be a market for about 500 such helicopters over the next 20 years. The H125 starts at a list price of '30 crore. «The FAL (final assembly line) in India will not only make us competitive in terms of lead time, delivery time, it will also help us address the growth of the Indian market and possibly the demand from neighbouring nations,» Olivier Michalon, executive vice president, global business, Airbus Helicopters, told reporters in the French city, location of the helicopter's first assembly line. He expects the model to be as successful in India as the Airbus A320 is with the country's airlines. «H125 is our A320,» he said.

West Bengal chief minister Mamata Banerjee on Sunday said in wake of the violence in Bangladesh, she would keep the doors of her state open for people in distress and offer them shelter, referring to the United Nations resolution on refugees. «If someone knocks at my door seeking refuge due to trouble in Bangladesh, I will give them shelter,» Banerjee said, adding, «Don't worry if you have family members in Bangladesh, or people who have come here and got stuck, we will help them. If people come here in a helpless state and the people knock at the door of Bengal, we will surely give them shelter. We will not step in or talk about it as Bangladesh is a sovereign and the Indian government will speak about it. Our empathy and solidarity are with people and students as many lives were lost,» Banerjee said. «We are sad to see so many deaths and my heart goes out to those students who were killed,» she further said. «I should not be speaking on the affairs of Bangladesh as it is a subject matter of the Centre,» Banerjee added. The West Bengal CM's comments came amid the ongoing protests in Bangladesh that erupted over demands of an end to a quota system that reserves up to 30% government jobs for relatives of veterans who fought in Bangladesh's war of independence in 1971 against Pakistan.

Sheikh Hasina government cracking down on students-led demonstrations — more than 100 people have been killed in clashes with the police — Bangladesh is in chaos. On Sunday, the Supreme Court ordered the government to scale back a controversial job quota proposal.

India has so far won 10 gold medals in its Olympic history. With the 2024 Paris Olympic Games just a few days away, ET Sport looks back at each of those golden moments. 1928 First-ever gold It was in Amsterdam 1928 where India’s three-decade long reign over the world of hockey began. The Indians won their first ever Olympic gold in hockey by beating Holland 6-0. Dhyan Chand scored 14 of India’s 29 goals at Amsterdam. Curiously, Great Britain did not send their hockey team. Just before the Olympics, Great Britain were drubbed 4–0 by India. It gave birth to a rumour that the ‘colonisers’ were afraid of losing to their ‘colony’ on an international stage. This rumour was so wide-spread that Dhyan Chand referred to it in his recollections, “I reiterate that this is mere hearsay (that England dropped out of the Amsterdam Games fearing the Indians), although we fondly hoped that at least in future Olympics we would have the honour of meeting Great Britain and showing them how good or bad we were. It is my regret that this hope was never realized so long as I participated in Olympic events.”

global outage issue has put the world's major services including banking and aircraft operations into a standstill after Microsoft applications and services were unresponsive for users across different countries. The global outage, according to reports, was majorly due to a CrowdStrike issue that prevent Microsoft systems from booting up accurately, with a blue dead screen cropping up.

Jamaat-e-Islami backed by Pakistan's ISI, is under the scanner for instigating violence and transforming student protests into a political movement in Bangladesh that has impacted the routine of millions including Indian students there, nearly 1,000 of whom have returned so far. The motive of Pakistan's army and ISI is to destabilise the Shiekh Hasina government and bring the opposition BNP back in power through protests and street violence, highly placed sources told ET. The Hasina government is monitoring the activities of opposition leaders, they said. The role of the ISI to undermine the Hasina government which has cracked down against radicals is nothing new, but now, what started as a student protest against quotas in jobs has been transformed into a political movement through infiltration of cadres of opposition parties into the protesting groups, people tracking the developments said.

Mohammed Shami has finally addressed the swirling rumors linking him to tennis player Sania Mirza. Recently, social media was abuzz with manipulated images and baseless claims suggesting that Shami and Mirza were about to get married. These rumors surfaced following Sania Mirza's divorce from Pakistani cricketer Shoaib Malik. In a candid interview with YouTuber Shubhankar Mishra, Shami expressed his frustration and issued a stern warning to those spreading false news.

protests by thousands of students in Bangladesh against quotas in government jobs has brought focus to a history of violence in a country born out of a war between India and Pakistan in 1971 in which nearly 3 million people were killed. Its founding father and first prime minister Sheikh Mujibur Rehman was assassinated in 1975 in a military coup which brought in a long period of military rule. Though democracy was restored slowly by 1990, the country of nearly 170 million people has been rocked by sporadic periods of sectarian or political violence in recent years.

Barzakh, directed by Asim Abbasi and streaming on Zee 5 from 19 July onwards, is a uniquely dark fable. Set in ‘The land of Nowhere’, it’s about an old man gathering his family for his third wedding. “Third and final," he says emphatically.

India is likely to cut the floor price for basmati rice exports and replace the 20% export tax on parboiled rice with a fixed duty on overseas shipments, government sources said, as rice inventories in the country jumped a record high. The world's biggest rice exporter imposed various curbs on exports in 2023 and continued them in 2024 in an effort to keep local prices in check ahead of the general elections held in April-May. New Delhi is expected to lower the basmati rice's minimum export price (MEP) to $800-$850 a metric ton, down from $950 a ton, to boost shipments, said the sources, who didn't wish to be identified as they are not authorised to talk to media.

inflation. According to the latest notification, petrol prices have increased by 9.99 Pakistani rupees per liter, setting the new price at Rs 275.60 per liter. High-speed diesel prices have also risen significantly, with an increase of 6.18 Pakistani rupees per liter, bringing the new price to Rs 283.63 per liter. This rise in petroleum prices is expected to have a cascading effect on the cost of goods and services, further straining household budgets and impacting economic stability. In contrast, petrol and diesel in India are retailing at Rs 94.72 per liter and Rs 87.62 per liter respectively, based on Delhi rates. Currently, one Indian rupee is equivalent to 3.32 Pakistani rupees in currency market.