Pakistan Financial News

Asif Ali Zardari on Sunday took oath as Pakistan's 14th President, a day after the veteran politician staged a remarkable comeback when he was overwhelmingly elected as the only civilian president of the coup-prone country for a second time. Chief Justice of Pakistan Qazi Faez Isa administered the oath to the 68-year-old Zardari in a small yet formal ceremony at Aiwan-e-Sadr, the Presidential Palace. Zardari replaces Dr Arif Alvi, who stayed in office for five months after completing his five-year term in September 2023.

Zardari, was resoundingly elected as Pakistan's 14th President on Saturday, making history as the nation's only civilian leader for a second time. Zardari, the co-chairperson of the Pakistan Peoples Party, was the joint candidate of the ruling alliance of the PPP and the Pakistan Muslim League-Nawaz (PML-N).

Ramadan began on Sunday, people in Pakistan are bracing themselves for a hike in essential commodities, including food items, The Express Tribune reported. According to the report, the country already records a two to three-fold inflation in the prices of essential kitchen items, including vegetables, sugar, edible oil, ghee, meat, eggs, and pulses.

Congress and the opposition BJP are yet to come out with their full list of candidates for the upcoming Lok Sabha polls in Karnataka, there is a fair idea about the campaign issues in their armoury. The recent bomb blast at a popular eatery here and the raising of «pro-Pakistan» slogans in the corridors of 'Vidhana Soudha' have given fresh ammunition to the BJP to attack the Congress government. «The twin issues have given us a momentum of sorts in campaigning,» a senior BJP leader said. The Congress would seek to ride on the popularity of its «guarantee schemes» and make BJP-led NDA government's «step-motherly» attitude towards the state a major poll plank, party sources said.

Pakistan in which Asif Ali Zardari is set to be elected for a second time. Asif Ali Zardari, the 68-year-old joint candidate of the Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N), and Sunni Ittehad Council's candidate Mahmood Khan Achakzai, 75, are vying for the office of president. The voting began at 10 am and will continue till 4 pm.

₹5,000 crore worth of projects and programmes. PM Modi launched multiple projects related to the tourism sector worth more than ₹1400 crore under Swadesh Darshan and PRASHAD (Pilgrimage Rejuvenation And Spiritual, Heritage Augmentation Drive) scheme. Prime Minister launched the 'Chalo India Global Diaspora Campaign' to inspire the Indian diaspora to become Incredible India ambassadors and promote tourism to India.

Ramadan lights installation at Piccadilly Circus to start Ramadan 2024 celebrations He said that the great thing about Ramadan lights is that it gives Muslims Brits a sense of belonging. It sends a message ‘we are not simply tolerated but respected, embraced and celebrated. Also, not only Muslims, but even non-Muslims enjoy these lights.

IMF) will support formulating a new economic programme for Pakistan if its new government asks for one, a spokesperson said on Friday, and added that the fund encourages fair resolution of all electoral disputes. Pakistan's cash-strapped economy is struggling to stabilise after securing a $3 billion standby arrangement from the IMF last summer, with record inflation, rupee devaluation and shrinking foreign reserves.

J P Singh held talks with Taliban's acting foreign minister Amir Khan Muttaqi. Muttaqi called for facilitating the issuance of visas by India for Afghan businessmen, patients and students. Meanwhile, both sides discussed issues relating to security, trade and ways to counter-narcotics, an Afghan statement said on Thursday. Singh said India is interested in expanding economic cooperations with Afghanistan and enhancing trade through Chabahar port, it added.

Asif Ali Zardari is set to be elected as the next President of Pakistan, Prime Minister Shehbaz Sharif said that there will be strong coordination between them, according to ARY News. Pakistan People's Party (PPP) Co-chairman and former Pakistan President Asif Zardari will be the candidate of the allied parties in the presidential election on March 9, Sharif said while speaking at a dinner hosted in honour of the allied parties' leaders.

Pakistan Prime Minister Shehbaz Sharif on Thursday thanked Prime Minister Narendra Modi for felicitations on his election to the top political office in the country. «Thank you @narendramodi for felicitations on my election as the Prime Minister of Pakistan,» Shehbaz Sharif posted on X.

Shehbaz Sharif on Thursday thanked his Indian counterpart Narendra Modi for felicitations on his re-election to the top political position in the country. Taking to microblogging platform X (formerly known as Twitter) the Pakistan prime minister said," "Thank you @narendramodi for felicitations on my election as the Prime Minister of Pakistan." Earlier on Tuesday, Prime Minister Modi congratulated Shehbaz on taking oath as the 24th prime minister of Pakistan. "Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan," Modi posted on X.

Lahore: Sardar Ramesh Singh Arora, an influential minority leader, has been sworn in as a provincial minister, making him the first Sikh to occupy a ministerial position in post-partition Punjab. Belonging to the former prime minister Nawaz Sharif-led Pakistan Muslim League-Nawaz (PML-N) party, Arora has returned to the Lahore provincial assembly for the third term after winning the February 8 polls. Arora, 49, was recently elected Pardhan (president) of the Pakistan Gurdwara Parbhandhak Committee and also as the ambassador to the Kartarpur Corridor.

In a move towards full transparency, tech pioneers Conrad Lewis and Luke Appleton have revealed that their co-founded software development company Orbit Cosmos is the brains behind in-development blockchain game, Pikamoon.

ALSO READ: ICC T20 WC 2024: India vs Pakistan venue in New York's Nassau County International Stadium still underprepared, Watch "It is extremely exciting to see the progress made in the construction of the Nassau County International Cricket Stadium in New York over the past month. Work on the outfield commenced in January and in the past few weeks the East Stand framework has started to take shape," said Chris Tetley, the ICC's head of events.

ALSO READ: Babar Azam, coaches neglected team's fitness; some Pakistani players couldn’t finish 2-km run, claims Mohammad Hafeez "When I was watching the matches in Lahore, I don't think a single one of you hit a six that went into the stands. Whenever a six like that was hit, I used to think a foreign player must have hit that. I have asked the board to make a plan that gets every player's fitness up to speed.

Pakistan prime minister Zulfikar Ali Bhutto, executed by the military regime in 1979, did not receive a fair trial, the Supreme Court observed on Wednesday. Chief Justice Qazi Faez Isa announced the unanimous opinion of a nine-member larger bench of the apex court during the hearing of a presidential reference related to the death sentence given to the Pakistan Peoples Party (PPP) founder. It is based on a special case sent in 2011 by then president Asif Ali Zardari to the Supreme Court to revisit his father-in-law Bhutto's conviction for abetment in a murder case and his eventual hanging in 1979.

T20 World Cup 2024 just three months away, the International Cricket Council (ICC) has provided an update on the progress of the Nassau County International Cricket Stadium in New York, which will be the venue for the much-awaited T20 World Cup match between India and Pakistan. The construction work on the stadium has been going on for the past month in preparation for the ICC Men's T20 World Cup 2024, which is set to begin on June 1. On June 9, the stadium will witness the clash between the cricketing rivals, India and Pakistan. ICC released a time-lapse video, marking the milestone of one month since the project's initiation.

Ram Mandir inauguration in January, hackers and cyber criminals, predominantly from China and Pakistan, were constantly targeting the websites of the Ram Temple, Prasar Bharti and other digital assets of critical infrastructure in Uttar Pradesh (UP), officials told ET. The government had blocked 1244 IP addresses, of which 999 were from China alone. «The rest of the blocked addresses were from Pakistan, Hong Kong and Cambodia,» officials said. Since the government had anticipated a rise in cyber-attacks during the inauguration, all the pre-emptive measures were put in place. The Telecom Security Operation Centre (TSOC) was monitoring around 264 websites including that of the Ram Temple, Prasar Bharti, UP Police, airport, UP tourism, and the power grid among others round the clock to prevent any cyber-attack. «It was a 7-day drill to guard the digital assets as we had anticipated a rise in cyber-attacks. Since the main event was on January 21, we had to secure the assets before and after the event also,» a person privy to the details said.

Bengaluru police arrested three individuals on Monday for allegedly raising “Pakistan Zindabad” slogans inside the Karnataka state secretariat Vidhana Soudha premises, after a Congress leader won the Rajya Sabha election last week. The police statement said the arrests were made based on the Forensic Science Laboratory (FSL) report, circumstantial evidence and witness accounts. Three supporters of Congress leader Syed Naseer Hussain had allegedly shouted pro-Pakistan slogans after his victory in the Rajya Sabha elections. Chief minister Siddaramaiah had ordered an investigation by the FSL to check the veracity of the allegations after some Congress leaders had said the visuals were fabricated as people actually were shouting “Naseer Saab Zindabad.” The sloganeering had sparked a row between the Congress and the opposition BJP, with the latter holding demonstrations to protest the pro-Pakistan slogans, calling them a direct reflection of the Siddaramaiah regime’s appeasement politics. BJP MLAs raised “Jai Sri Ram” slogans in the state assembly during their protest, to which Siddaramaiah responded with “Jai Sita Ram.”

Home Office data from the UK reveals a dip in the number of study visas issued for main applicants by the country in 2023 compared to the previous year. In 2023, there were 4,57,673 study visas issued to main applicants, which represented a 5.5 per cent decrease compared with the previous year. Click & check your eligibility for immigration Find out The 2023 total was the second highest on record for a calendar year and was 70 per cent higher than the pre-pandemic year of 2019, the Home Office said.