Mercer’s Cost of Living City Ranking survey for 2024 has highlighted that Karachi and Islamabad are among the top five affordable cities in the world. This survey, encompassing 226 cities worldwide, illustrates significant cost disparities across various regions—a crucial factor for potential migrants and international workers. The Most Affordable Cities Globally According to the survey, the top five affordable cities are: Abuja – Ranked 226th Lagos – Ranked 225th Islamabad – Ranked 224th Bishkek – Ranked 223rd Karachi – Ranked 222nd These cities are exceptionally affordable primarily due to the depreciation of their currencies, making everyday expenses more manageable. The…
Author: Zeeshan Haider Yazdani
Former Pakistan Muslim League-Nawaz (PML-N) leader Miftah Ismail has announced the launch of his new political entity, the Awam Pakistan Party. The party is set to make its official debut next month, spearheaded by its first convener, former Prime Minister Shahid Khaqan Abbasi. The Awam Pakistan Party aims to offer a fresh political perspective and address the pressing issues faced by the nation. Key Figures Joining Awam Pakistan Party Several prominent former PML-N leaders will be joining the Awam Pakistan Party. This includes influential names such as Sardar Mehtab Ahmed Khan Abbasi, Javed Abbasi, Syed Zaeem Hussain Qadri, Rana Zahid…
Babar Azam Takes Legal Action for Defamation Pakistan cricket team captain Babar Azam is considering filing a defamation case against several YouTubers and former players. These individuals have publicly accused him of misconduct during the T20 World Cup 2024. The allegations have spurred Babar Azam to file a defamation case to protect his reputation. Intense Scrutiny Post-Tournament Exit Following Pakistan’s unexpected exit from the T20 World Cup, Babar Azam has faced widespread criticism and a relentless social media campaign targeting his leadership and performance. The situation has intensified the urgency for Babar Azam to file a defamation case as he…
Starting July 1, NEPRA to impose fixed charges has introduced new electricity tariffs, significantly increasing the fixed charges for all consumers across Pakistan. This move impacts both residential and commercial users, with varying charges based on electricity consumption. Increased Fixed Charges for Residential Users Residential consumers will now face fixed charges ranging from Rs200 to Rs1,000 per month, depending on their electricity usage. Households consuming between 301 and 400 units will be charged Rs200, while those using over 700 units will see a fixed charge of Rs1,000 per month. The decision by NEPRA to impose fixed charges is aimed at…
Pakistan Stock Exchange Hits a New Milestone On Friday, the Pakistan Stock Exchange (PSX) reached a major milestone by surpassing the historic 80,000-point mark during intraday trading. This significant achievement saw the benchmark KSE-100 index peaking at 80,001 points, a noticeable rise from the previous day’s close of 78,801 points. Factors Driving the Surge Around 9:50 AM, the index had surged by 1,199 points. This jump fueled by optimism about potential agreements between the government and the International Monetary Fund (IMF) following the new budget announcement. Analysts are hopeful that the upcoming budget for the next fiscal year will include…
Mob Attacks Madyan Police Station In a tragic Swat incident, a man was burnt to death in the Madyan area of Khyber Pakhtunkhwa’s Swat district on Thursday night. The local police reported that the man faced blasphemy allegations, leading to his violent demise. Police Station Torched, Officers Injured According to the District Police Officer (DPO), the law enforcers had taken the suspect into custody and shifted him to the Madyan police station. However, an enraged mob later stormed the station, forcibly removing the suspect and setting him on fire. The mob also attacked the police station, torching it and damaging…
Controversy Surrounding Shahid Afridi Pakistani cricketer Shahid Afridi recently found himself embroiled in a controversy when an Instagram account falsely claimed that he endorsed a pro-Israel event in Manchester. This misleading information quickly spread, causing a stir among fans and the public. Shahid Afridi’s Clarification Afridi promptly clarified the situation, explaining that the photo in question was taken with fans and had been misrepresented. He stressed that the image did not indicate his support for any political stance, particularly one that affects human lives. Shahid Afridi emphasized his firm stance against the suffering in Palestine, making it clear that he…
Sewage Samples Reveal Poliovirus Presence The poliovirus detected in sewage samples from Karachi and Peshawar, according to a report by ARY News. The discovery highlights ongoing concerns about polio in Pakistan, one of the few countries where the virus remains endemic. Details of the Detection Sources report that the poliovirus specifically identified in sewage samples from Karachi’s Kemari district and Peshawar. These samples collected on June 3rd and 4th, and subsequent testing confirmed the presence of wild poliovirus type 1 as well as vaccine-derived poliovirus types 2 and 3. Current Polio Situation in Pakistan This year, 185 samples from various…
As Pakistan gears up for the Test series against Bangladesh in August, the selection committee, led by Captain Shan Masood and head coach Jason Gillespie, is in discussions to finalize the squad. The upcoming series is a crucial part of the ICC World Test Championship for the 2023-2025 cycle. Key Players to be Rested The selection committee is considering resting some key players from the white-ball team for the Test series against Bangladesh. Babar Azam, Mohammad Rizwan, and Shaheen Shah Afridi are among those who might be given a break. Haris Rauf is also likely to be excluded from the…
Today, 20 June 2024 the gold rate in Pakistan is 206,790 Rs. per 10g. And the price of per tola of gold is 241,200 Rs. These rates have calculated keeping in view the global market and Pakistani market. And this is the actual rate of gold which will be traded today. Pakistan’s largest jewelry market is in Karachi where millions of rupees are traded daily. Gold rates in all cities of Pakistan such as Quetta, Lahore, Faisalabad, Peshawar, Islamabad & Kashmir is similar to Karachi’s rate. Gold Rate in Pakistan today, 20 June 2024 City Per Tola Gold rates today Karachi 241,200 Rs. Gold rates today…