Pakistan Financial News

Dawood Ibrahim, Nihal Khan was allegedly shot dead during a wedding event in Uttar Pradesh's Jalalabad. As reported by Free Press Journal, Nihal Khan, who hailed from Mumbai's Byculla had journeyed to Uttar Pradesh to attend the wedding. The body has been sent for autopsy, and the authorities are conducting a probe into the matter.

cricket tournament will be held in the United States. There will be 16 games in the US, including matches in Lauderhill, South Florida and near Dallas at Grand Prairie Stadium. "We had amazing ticket interest.

military forces killed senior Jaish al-Adl (Army of Justice) militant group commander Ismail Shahbakhsh and some of his companions in the Pakistan territory, Iran International English reported, citing Iran's state-run media. In the latest development, Iran's forces, in an armed clash, attacked a militant group, one month after the two countries conducted air strikes on each other. Formed in 2012, Jaish al-Adl, designated as a «terrorist» organization by Iran, is a Sunni terrorist group that operates in Iran's southeastern province of Sistan-Baluchistan, Al Arabiya News reported.

Enemy properties vested with government-appointed custodians are not assets of the central government which cannot seek exemption from paying municipal cess, including house and water taxes, the Supreme Court has held. The verdict was delivered by a bench comprising Justices BV Nagarathna and Ujjal Bhuyan on Thursday on an appeal of the Lucknow Municipal Corporation against an Allahabad High Court judgment holding that the civic body cannot seek property taxes from the assessees who are in occupation of an enemy property. The property in question is located on Mahatma Gandhi Marg in Lucknow and was once owned by the 'Raja' of Mahmudabad, Mohammad Amir Ahmed Khan, who had migrated to Pakistan in 1947. However, the son and wife of Khan remained in India and later sought its return after the death of the 'Raja'.

power-sharing deal already inked, the Pakistan Muslim League-Nawaz and the Pakistan Peoples Party are moving ahead with plans to form a coalition government by March 2 and hold the presidential election before March 9, according to a media report on Friday. The Pakistan Muslim League-Nawaz (PML-N) led by three-time prime minister Nawaz Sharif will be backed by the Pakistan Peoples Party (PPP) of former foreign minister Bilawal Bhutto-Zardari has agreed to form a new government after the February 8 elections resulted in a hung Parliament. Former prime minister Shehbaz Sharif, 72, is set to return to the top post after his elder brother Nawaz, decided to nominate the PML-N president for premiership. The party has clarified that the three-time former prime minister did not want to lead a government in which the PMN-L does not have a majority in Parliament.

UK Parliament has taken the internet by storm. Pakistan and its propaganda machinery have issued threats to Yana Mir. Toolkit gang" has been quite active for the past 48 hours.

Kashmiri journalist and activist Yana Mir made a powerful statement at the 'Sankalp Divas' event hosted by the UK Parliament, denouncing Pakistan's propaganda against India and asserting her safety and freedom in Kashmir, which is an integral part of India. In her address, Mir emphasized that she is not Malala Yusufzai, who had to leave her country due to threats of terrorism. Mir stated, «I am not a Malala Yusufzai, because I am free and safe in my country, India. In my homeland, Kashmir, which is part of India.»

Jaiswal hit a record-equalling 12 sixes in his knock, which included three straight hits over the fence off James Anderson -- a first for the veteran quick who has 696 wickets in 185 Tests. With this, Jaiswal also now stands level with former Pakistan great Wasim Akram, who also hit 12 sixes in an innings against Zimbabwe at the Sheikhupura Stadium in 1996. During that time, the former skipper had scored an unbeaten 257 off 363 balls, powering his team to 553 in the 1st innings.

announcement comes after a nearly two-week-long political deadlock in the country following the February 8 elections, which resulted in a hung assembly with no party securing the 133 seats mandated for a simple majority out of 265 contested seats in the Pakistan National Assembly. The Pakistan Muslim League-Nawaz won 79 seats while the Pakistan Peoples Party came third with 54 seats. The Muttahida Qaumi Movement Pakistan (MQM-P) has also agreed to support the coalition with their 17 seats.

Internet outages, and restrictions on social media applications like X (formerly Twitter) were imposed in Pakistan on Saturday after a senior government official made a public admission of vote manipulation in the February 8 election. US State Department spokesperson Matthew Miller on Wednesday said that the US is concerned by reports of restrictions on the exercise of the freedom of expression and association in Pakistan, "including the partial or complete government-imposed internet shutdowns, which includes, of course, on social media platforms." He added that Washington continues to call on Pakistan to respect freedom of expression and "restore access to any social media that has been restricted, including Twitter, now known as X." Miller said the US concerns had been communicated to Pakistan through official channels.

As India’s Lok Sabha polls approach, political parties have reportedly contacted digital content creators and podcasters to help get their messages across. Of course, major parties have IT cells on the job, too, but too random an outreach would enlarge the risk of losing integrity control.

₹6,725 per share. The session concluded with the stock settling at ₹6,474 per share. This surge marks a cumulative return of 24% over the past seven days.

irregularities in the February 8 polls, clearing the way for the formation of a coalition government to end the political uncertainty in the country. The apex court also imposed a fine on the petitioner, a former army officer, over his failure to appear before the court. Retired Brigadier Ali Khan last week urged the apex court to order new elections within 30 days to be held under the direct supervision and oversight of the judiciary «to ensure fairness, transparency and accountability». He had also sought a stay order to stop the formation of a new government till the case was decided.

light rainfall or drizzle in parts of the national capital today, February 21, Wednesday. The mercury settled at 12.2 degrees Celsius, normal for this time of the season. A cloudy sky is expected in the city with a likelihood of rain during the day, as per the weather forecast, PTI reported.

Pakistan political parties said on Tuesday that they had reached a formal agreement to form a coalition government, ending ten days of intense negotiations after an inconclusive national election did not return a clear majority. The agreement between Bhutto Zardari's Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) of three-time Premier Nawaz Sharif ends days of uncertainty and negotiations after the Feb. 8 elections produced a hung national assembly.

Intelligence Bureau (IB) by granting it the status of a full-fledged division, thus allowing it complete financial autonomy, according to media reports on Tuesday. The decision was taken by Prime Minister Anwaarul Haq Kakar on Monday, the reports said. «The IB division will work directly under the prime minister with its office to be established in the cabinet division,» according to a notification.

Pakistan's debt situation, describing it as a "raging fire" that has become unsustainable, as per a Bloomberg report. This assessment is more severe than that of the International Monetary Fund (IMF), which had previously deemed the country's dues as "borderline" manageable, according to a 68-page report by Tabadlab.

telecom towers along the Line of Control (LoC) in Pakistan-occupied Kashmir (PoK). These towers are believed to assist terrorists and their associates in infiltration activities, as reported by news agency PTI. Use of Encrypted YSMS Services by Terrorists

Jammu and Kashmir and a red alert in Himachal Pradesh today. In a post on X (formerly Twitter), the weather office wrote, “Intense spell of rainfall/snowfall activity likely to continue over Western Himalayan Region till 21st & rainfall activity likely over plains of Northwest India during 19th-21stFebruary, 2024." According to the weather forecasting agency, Jammu and Kashmir, Ladakh, Himachal Pradesh, and Uttarakhand are expected to witness bountiful snowfall and rainfall today. The weather department noted that two Western Disturbances, one currently in the middle tropospheric westerlies and another cyclonic circulation over Pakistan and surrounding areas are behind these meteorological conditions.

Tabadlab, a think tank based in Islamabad, presents a grim outlook on Pakistan's economic condition, characterizing its debt situation as an «intense blaze» and significantly more severe than the International Monetary Fund's evaluation of being «close to» manageable. With debt levels reaching alarming highs, Pakistan faces the grim prospect of an «inevitable default,» which could trigger a devastating economic spiral.

The number of passengers flying through Dubai International Airport has surged in the last year beyond its total for 2019 — just before the coronavirus pandemic grounded global aviation