Pakistan Financial News

FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far, a top official said. The remaining are either pending or withdrawn or rejected by the government. In April 2020, the government came out with a press note under which the Centre made its prior approval mandatory for foreign investments from countries that share land border with India to curb opportunistic takeovers of domestic firms following the Covid-19 pandemic.

Pakistan surged 34 per cent in November, with 63 militant attacks recorded in the country during the month, a think-tank report said on Sunday. The 63 militant attacks in November resulted in 83 deaths, including that of 37 security forces personnel and 33 civilians, the Dawn newspaper reported, citing data by the Pakistan Institute for Conflict and Security Studies (PICSS) think tank. Additionally, 89 individuals, including 53 civilians and 36 security forces personnel, sustained injuries, according to the Islamabad-based think tank.

cricket matches in the series. India and Australia have played 30 T20s so far. India have won 18 of those and Australia 11.

India's Men in Blue secured their place as the team with the most victories in the T20I format after defeating Australia on Friday. The team created history by surpassing its arch-rival neighbour, Pakistan. India knocked out Australia in the recent T20I match with a fabulous win with 20 runs. This win not only sealed the five-match series 3-1 in favor of India but also marked their 136th win in the format. India in T20 format: Out of 213 matches played by 'Men in Blue', they have won 136, lost 67, and one ended in a tie. Three matches were abandoned. India's win percentage in the format stands at 63.84. With this milestone, they surpassed Pakistan, who have 135 wins in 226 matches. List of top teams with most wins (T20I format):

Amit Shah on Friday said the country is on the verge of winning the fight against naxalism and the Border Security Force (BSF) has played a key role in this direction. Shah said this during his address to BSF troops on the occasion of the force's 59th Raising Day here at RJhansi Parade Ground Training Centre and School at Hazaribagh «We are on the verge of winning the fight against naxalism in the country… The area of naxalism is decreasing continuously and our personnel of the CRPF and the BSF are committed to completely rooting out the naxalism,» the union home minister said. The Minister also extended his best wishes to all the soldiers of the border guarding force and their families and said that the country is proud of the BSF, which keeps the borders of the country impenetrable with its bravery and valour. «Along with the security of the country, BSF has also made many records in disaster management and environmental protection,» Shah said. «A country can never be developed and prosperous if its borders are not secure.

Meta says it has found and disabled thousands of fake Facebook accounts linked to China that were used to spread politically partisan content in the United States before next year’s election

Pakistan Rangers always deny use of its territory for sending drones into India, BSF director general Nitin Agarwal has said. Drones carry narcotics, arms and improvised explosive devices, Agarwal said in Hazaribagh on Thursday during the annual news conference on the eve of BSF raising day. Punjab has a 553 km border with Pakistan and smuggling of narcotics through the land border from Pakistan has been a cause of major concern. The National Investigation Agency is probing the nexus between narcotic smugglers and gangsters.

winter session starting December 4. The list also includes the Provisional Collection of Taxes Bill 2023, seeking to re-enact the act of the same name and a bill to amend the CGST Act based on the GST council meeting held in October this year. The legislative agenda for the winter session also includes bills to extend provisions of women's reservation act to J&K and Puducherry, and three bills to replace the criminal laws. As per a bulletin issued by the Lok Sabha Secretariat, the government also plans to bring a bill that seeks to increase the strength of J&K assembly from 107 to 114 seats.

Henry Kissinger leaves behind a significant legacy in the United States, especially on how he crafted American foreign and security policy in the peak of the Cold War. From an Indian standpoint, however, his policy outlook was detrimental as it solemnised the China-Pakistan nexus which till date remains India's principal security threat. Declassified papers convey a high degree of complicity between US and China under Kissinger's watch to aid Pakistan in the 1971 war.

Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai Virtual Asset Regulatory Authority (VARA) website.

Henry Kissinger, who died on November 29, at age 100, greatly influenced global affairs under Presidents Richard Nixon and Gerald Ford between 1969 and 1977, garnering both vilification and the Nobel Peace Prize. However, there were many incidents which reflected his hatred towards India. Kissinger was born May 27, 1923, in Fürth, Germany, and fled Nazi Germany with his family in 1938.

A Pakistani court has acquitted former Prime Minister Nawaz Sharif in a graft case, removing a major obstacle for him to run in parliamentary elections in February

NATO member Finland has closed its last remaining border crossing with Russia

Nawaz Sharif in a corruption case, removing one of the major obstacles for him to run in general elections in February. The three-times prime minister, who returned to Pakistan in October from four years of self-imposed exile in London, is eyeing prime ministerial post for the fourth time but he needs acquittal in 1999 steel mills case (has appealed against his conviction) in which he was sentenced for seven-year and the removal of a lifelong ban on holding any public office. Pakistani law bans those convicted from holding or running for public office.

WTO grouping with a major interest in farm trade that it will not discuss any new issue in the agriculture segment like imposition of export restrictions before a permanent solution is found with regard to public stockholding of food grains, an official said. This position was cleared during a mini-ministerial virtual meeting of about 28 WTO (World Trade Organisation) member countries on agriculture issues on November 28. In the meeting, Commerce and Industry Minister Piyush Goyal put forward New Delhi's approach to the issue saying that public procurement and stockholding of food grains serve the twin objectives of food security and income support to marginal farmers.

gender pay gap across sectors in India is well known. But what is liable to raise eyebrows is that even a 'modern' sector like technology, with its sturdy linkages with the global economy and young cohort of workers, suffers from the same malaise. A new Aon PLC report shows that the unadjusted gender pay gap in the tech sector in 2023 is 28-30%, while in junior management, it is 18-20%.

UNEP) released its Emissions Gap Report 2023. The big headline is that this will be the hottest year ever. UNEP confirmed the worst fears about rapidly advancing climate change, manifesting in the recent instances of extreme weather that led to devastation in several countries, including Pakistan and India.

Pakistani rupee is set to end the year as Asia’s worst-performing currency and the losses are seen extending into 2024. The currency has fallen about 20% against the dollar this year and analysts say its troubles are far from over. BMI expects the currency will weaken to 350 rupees per dollar by the end of next year, while Karachi-based brokerage Topline Securities Ltd.

World Cup, would be shifted out of Pakistan or played under hybrid model, reports said on November 27. The tournament could be moved to the United Arab Emirates (UAE), or played under an Asia Cup-like hybrid model with matches scheduled in both the countries, the media reports claimed.

Union Minister of State for Home Ajay Mishra on Sunday said that the final draft of the Citizenship (Amendment) Act or CAA is expected to be ready by March 30 next year. The BJP MP from Uttar Pradesh, while addressing a gathering of the Matua community at Thakurnagar in North 24 Parganas district, asserted that nobody can snatch citizenship rights from Matuas, who had fled religious persecution in Bangladesh. «The process to roll out CAA has gained momentum in the last couple of years… some issues are being sorted out.

National Investigation Agency (NIA) Sunday conducted simultaneous raids in four states in connection with a probe into a Pakistan-backed Ghazwa-e-Hind terror module case in Bihar, PTI reported. The raids were conducted at the premises of suspects in Dewas in Madhya Pradesh, Gir Somnath in Gujarat, Azamgarh in Uttar Pradesh and Kozhikode in Kerala.