Pakistan Financial News

The Vidhana Soudha police, earlier on Monday arrested three people for allegedly raising «Pakistan Zindabad» slogans in the corridors of Vidhana Soudha during the victory celebrations of Rajya Sabha member, Syed Naseer Hussain. Deputy Commissioner of Police, Central Division, Shekhar H.T., confirmed that the arrest is based on the FSL report, circumstantial evidence and statements of the witnesses gathered at the event.

Shehbaz Sharif after taking oath as Pakistan's new PM for a second time, nearly four weeks after an uncertain national election caused delays in the formation of a coalition government. In a post on X (formerly Twitter), PM Modi wrote, “Congratulations to @CMShehbaz on being sworn in as the Prime Minister of Pakistan." Shehbaz Sharif on Monday officially took up office at a swearing-in ceremony at the presidential office in the nation's capital, Islamabad, a day after parliament elected him prime minister despite protests from lawmakers aligned with jailed former premier Imran Khan.

Prime Minister Narendra Modi on Tuesday congratulated Shehbaz Sharif on taking oath as the prime minister of Pakistan. Sharif on Monday took the oath as prime minister of Pakistan, assuming the cash-strapped country's reins for a second time, nearly a month after an inconclusive election marred by allegations of vote rigging.

Pakistan will attempt to keep his popularity in check, but it remains to be seen for how long they can hold him off. Well, just don't take our word for it. LiveMint spoke with various international observers on the subject and almost all were unanimous in their opinion that Imran Khan's popularity will haunt the Army and the new government in Pakistan for a while.

Assam announcing to relaunch protests against Citizenship Amendment Act (CAA), Assam police have sounded alert across the state. Recently Union Home minister Amit Shah has stated CAA rules will be notified and implemented before Lok Sabha polls. In several places in Assam, police have readied bamboo barricades in anticipation of the protest. A senior police officer who does not want to be named told ET, “We are anticipating protests however not on the scale which Assam witnessed in 2019 and 2020. There are some organisations which have announced its decision to relaunch the protest however we have taken that seriously and an alert is sounded. Additional forces are deployed in the districts however this deployment is in view of the Lok Sabha polls.”

₹497) and the most expensive ticket for the India vs Pakistan encounter was priced at $400 ( ₹33148) without taxes. However, the price of these tickets have gone over ₹1 crore on reselling websites like StubHub and SeatGeek, rivaling the prices of other major sporting events in the US like NBA or Major League Baseball.

Prime Minister of Pakistan on Monday, taking over the reins of the country for a second time since 2022, amidst staggering economic and security challenges faced by the country. President Arif Alvi will administer the oath to Shehbaz Sharif in a ceremony held at the President's residence in the afternoon. The 72-year-old politician earlier served as prime minister of a coalition government from April 2022 to August 2023 before Parliament was dissolved to hold general elections last month.

ALSO READ: Shehbaz Sharif to take oath as 24th prime minister of debt-trapped Pakistan tomorrow Mentioning his the controversial topic of Kashmir in his victory speech, he said, as quoted by Hindustan Times, "Let's all come together...and the National Assembly should pass a resolution for the freedom of Kashmiris and Palestinians." In the same speech, he claimed that the expenditure of the National Assembly is being met from borrowed money. "All of these (expenses for running the House) are being met via loans over the last few years.

ALSO READ: Ishan Kishan, Shreyas Iyer axed from BCCI's contract list - Here's why "Shreyas Iyer played the first two Tests of the series. If you don't value the cricket because of which you made it to the national team, what message is it going to give to all the youngsters?" said Akmal on his YouTube Channel. "BCCI has made the right call, taking such strict action early on to control the damage.

Pakistan on Sunday protested India's action on a Karachi-bound ship from China on suspicion of 'consignment for nuclear programme'. Calling the action an "unjustified seizure" of commercial goods destined for Karachi, Pakistan clarified that the consignment was a "simple case" of the import of a commercial lathe machine by a commercial entity which supplies parts to the automobile industry in this country.

Pakistan with China, was blocked at some places. The spokesman for the northern Gilgit Baltistan region, Faizullah Faraq said the snowfall was unusually heavy for this time of year. Authorities have also advised the tourists against traveling to the north of Pakistan due to weather conditions.

Imran Khan's Pakistan Tehreek-e-Insaf party on Sunday announced that Barrister Gohar Ali Khan was elected as its chairman following fresh intra-party polls. The party was forced to hold the election to elect key office holders after its elections of last year were not accepted as legal by the Election Commission of Pakistan which also deprived it of the iconic symbol of cricket bat. Addressing a press conference in Islamabad, PTI's spokesperson and Chief Election Commissioner Raoof Hasan announced that Gohar was elected unopposed as the chairman.

Pakistan on Sunday protested India's «unjustified seizure» of commercial goods destined for Karachi, saying the consignment was a «simple case» of import of a commercial lathe machine by a commercial entity which supplies parts to the automobile industry in this country. The comments by the Foreign Office came after security agencies at Mumbai's Nhava Sheva port intercepted and seized the consignment of a Karachi-bound ship from China after it was found carrying a dual-use consignment with implications for Pakistan's nuclear and ballistic missile programmes. Customs officials, acting on intelligence, halted the Malta-flagged merchant ship — CMA CGM Attila — en route to Karachi on January 23 and, during its inspection, found that the consignment had a Computer Numerical Control (CNC) machine, manufactured by an Italian company, known for its precision and efficiency controlled by a computer system.

Shehbaz Sharif will take oath as 24th prime minister of Pakistan on Monday, reported ARY News citing sources. President Arif Alvi will administer the oath to Shehbaz Sharif in a ceremony held at the President's residence at 3 pm tomorrow, the report added. Army Chief General Asim Munir, caretaker Prime Minister Anwarul Haq Kakar, Chief Ministers, and governors of all provinces, are likely to participate in the oath-taking ceremony.

Shehbaz Sharif on Sunday mistakenly called himself «leader of the opposition» in his victory speech in the National Assembly. Shehbaz, who was the consensus candidate of the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) for the prime minister's post, received 201 votes in the 336-member house. His challenger Omar Ayub Khan of jailed former prime minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI) secured only 92 votes. In his victory speech, the 72-year-old PML-N president thanked his elder brother Nawaz and all the allies for putting their trust in him.

Narendra Singh Tomar on Sunday rejected Rahul Gandhi's claim on the unemployment scenario, stating it would be better if the Congress leader studies about himself which would help him serve the society in a better way. Tomar was reacting to Gandhi's claim that India's youth unemployment rate was even higher than in countries like Pakistan. «I think if he studies much about himself and human beings, he can help the society in a better way,» Tomar told reporters while rejecting the joblessness claim made by Gandhi. Tomar, a former Union minister, hailed the selection of candidates by the BJP, a day after the party released the first list of 195 nominees for the Lok Sabha elections.

extremist Islamist views from countries such as Pakistan, Afghanistan and Indonesia will be blocked from entering Britain under new plans being drafted by the government, according to a UK media report on Sunday. 'The Daily Telegraph' reports that the British government is concerned about a «shocking increase» in extremist activity and officials are being deputed to identify the most dangerous extremists from overseas so they can be added to visa warning lists. Under the new plans, those on the list will be automatically refused entry to the UK. The revelation comes days after British Prime Minister Rishi Sunak delivered an impassioned speech from the podium at 10 Downing Street in London, warning that the country's democratic and multi-faith values were under threat by extremists.

National Assembly after being unanimously picked as the next prime minister of the ruling coalition of the PML(N), PPP and other small outfits, Shehbaz Sharif on Sunday called out the 'global silence' on the prevailing situiation in Gaza while seeking a bipartisan resolution in the House advocating 'freedom' for Kashmiris and Palestinians, Dawn reported. «Let's all come together...and the National Assembly should pass a resolution for the freedom of Kashmiris and Palestinians,» PM-designate Shehbaz said in a 'victory speech' at the Assembly.

The Indian Express. Pakistan has also decided to hold its National Day celebrations in New Delhi for the first time since 2019. For India until May this year -- when the Lok Sabha poll results would be declared, it will be a wait and watch situation to assess the vision of the Pakistan’s military-backed new Sharif-Zardari government.

supporters of jailed former prime minister Imran Khan's party have been arrested from different parts of Punjab province of Pakistan for staging rallies against alleged vote rigging, police said on Sunday. On the call of party founder Imran Khan, supporters of Pakistan Tehreek-e-Insaf (PTI) party held protests across Pakistan on Saturday against the alle-ged «massive rigging» in the February 8 general elections. Most arrests took place in Lahore where newly elected Chief Minister Punjab Maryam Nawaz ordered a clamp down on the protesting PTI supporters.

Heavy rains that swept across Pakistan have left at least 29 people dead and 50 others injured, collapsed houses and triggered landslides that blocked roads, particularly in the northwest, authorities said Sunday. About 23 rain-related deaths were reported in Khyber Pakhtunkhwa province bordering Afghanistan since Thursday night, the provincial disaster management authority said.