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Gold Prices in Pakistan Reach Record Highs

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  Gold prices in Pakistan have been on a consistent upward trajectory, reaching unprecedented levels in recent months. Several factors have contributed to this surge in gold prices. Domestically, the depreciation of the Pakistani rupee against the U.S. dollar has further amplified the rise in gold prices. The impact of soaring gold prices is multifaceted. For consumers, purchasing gold jewelry has become increasingly costly, leading to a decline in demand. Economically, the surge in gold prices reflects broader inflationary pressures within Pakistan. Looking ahead, analysts suggest that unless there are significant changes in global geopolitical stability or a strengthening of the Pakistani rupee, gold prices may continue their upward trend. For consumers and investors alike, staying informed and cautious in their financial decisions will be crucial in navigating this volatile market.

Philip Morris Pakistan to Delist from Stock Market

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  Philip Morris Pakistan, a leading tobacco company in the country, has announced its decision to delist from the Pakistan Stock Exchange (PSX). The decision comes as part of the company's restructuring strategy, allowing it to focus more on its business operations without the pressure of public trading. Delisting means that Philip Morris Pakistan’s shares will no longer be available for trade on the stock market, and it will operate as a private company. The company has explained that its business model and financial structure are better suited for a private setup rather than a publicly listed one. Over the years, Philip Morris Pakistan has faced challenges in the stock market, including fluctuating share prices and strict regulatory requirements. By delisting, the company aims to streamline its operations and reduce costs associated with maintaining a public listing. For shareholders, this move means that they will have to sell their shares back to the company or find buyers p...

Abu Dhabi: Afghanistan Cricket’s New Strategic Home

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  Afghanistan's national cricket team has found a new home in Abu Dhabi, marking an important step in their journey. This decision comes as part of a long-term agreement between the Afghanistan Cricket Board (ACB) and the Emirates Cricket Board (ECB). The deal allows Afghanistan to host international matches and training camps in the UAE, providing them with world-class facilities and stability. This partnership is significant for Afghanistan, as they have faced challenges in hosting matches in their own country due to security and infrastructure issues. Abu Dhabi offers them a safe and well-equipped environment to play against top teams. It also ensures that their players get consistent exposure to international cricket, which is crucial for their growth and development. For the UAE, this collaboration strengthens its position as a global cricket hub. The country has hosted many international tournaments, including the IPL and T20 World Cup. By welcoming Afghanistan’s team, th...

Sindh Government Declares April 4, 2025, a Public Holiday

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  The Sindh government has announced that April 4, 2025, will be a public holiday across the province. This decision is made to mark the death anniversary of former Prime Minister Zulfikar Ali Bhutto, one of Pakistan’s most influential leaders. The holiday will be observed in government offices, schools, and other public institutions. Zulfikar Ali Bhutto was the founder of the Pakistan People’s Party (PPP) and played a key role in shaping the country’s political landscape. He introduced important reforms in various sectors, including the economy, education, and foreign policy. His leadership and vision continue to be remembered by many Pakistanis. Every year, his death anniversary is observed with ceremonies and gatherings, especially in Sindh, where he had a strong support base. People visit his mausoleum in Garhi Khuda Bakhsh to pay tribute and remember his contributions to Pakistan. The holiday allows people to take part in these events and reflect on his legacy. The Sindh ...

Nishan-e-Pakistan Awarded to Former Prime Minister

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  On March 23, 2025, Pakistan posthumously honored former Prime Minister Zulfikar Ali Bhutto with its highest civilian award, the Nishan-e-Pakistan . This prestigious accolade recognizes individuals who have rendered outstanding services to the country and is a testament to Bhutto's enduring impact on Pakistan's political landscape. Zulfikar Ali Bhutto, born on January 5, 1928, was a charismatic leader who founded the Pakistan People's Party (PPP). He served as the Prime Minister from 1973 to 1977, during which he implemented significant reforms aimed at empowering the masses and promoting social justice. His tenure was marked by efforts to modernize Pakistan and strengthen its sovereignty. The Nishan-e-Pakistan is awarded to individuals who have made exceptional contributions to the country. Instituted in 1973, the award is a symbol of the nation's gratitude and respect for those who have dedicated their lives to Pakistan's progress and prosperity. The decision...

Women's Rights in Pakistan: Progress and Ongoing Challenges

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  Over the years, Pakistan has made notable progress in advancing women's rights . The government has enacted several laws aimed at protecting women from various forms of discrimination and violence. Notable among these are the Domestic Violence (Prevention and Protection) Bill (2009), the Acid Control and Acid Crime Prevention Act (2010), and the Protection Against Harassment of Women in the Workplace Act (2010). These legislative measures signify a commitment to safeguarding women's rights and ensuring their safety in both private and public spheres. In the realm of education, there has been a positive trend with increasing enrollment of girls in schools, leading to improved literacy rates among women. This progress is more evident in urban areas, where educational facilities and awareness are more accessible. However, in rural regions, challenges persist due to cultural beliefs favoring early marriages, limited resources, and inadequate infrastructure, which hinder girls...

Khyber Pakhtunkhwa's Move Towards a Cashless Economy

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  The Khyber Pakhtunkhwa (KP) government has launched the "Cashless Khyber Pakhtunkhwa" initiative, aiming to establish a universal digital payment system across the province. This initiative positions KP as Pakistan's first province to implement such a comprehensive cashless system, reflecting a significant step towards digital transformation. Under this initiative, all businesses, public transport services, and commercial centers in KP will be required to display QR codes to facilitate digital payments. This mandatory adoption of digital transactions is expected to streamline payment processes, benefiting both business owners and the general public by reducing reliance on cash. The implementation of the digital payment system will be carried out in collaboration with mobile companies that provide online payment services. Notably, the system is designed to function in offline modes as well, ensuring accessibility even in areas with limited internet connectivity. To ...