Current Final

Blog

  • Pakistan hires Chinese adviser to facilitate Panda Bond issuance

    Pakistan hires Chinese adviser to facilitate Panda Bond issuance

    In a strategic effort to reintegrate into the international capital markets, Pakistan has appointed a Chinese adviser to aid in the issuance of Panda Bonds, Finance Minister Muhammad Aurangzeb announced during a press briefing following a Senate Standing Committee on Finance meeting.

    The move follows reports of interest from five Chinese banks in participating in the issuance of these bonds. Finance Minister Aurangzeb had previously indicated a strong interest in attracting Chinese investors, with plans to issue up to $300 million in Panda Bonds within the year.

    During the briefing, Minister Aurangzeb also addressed Pakistan’s current economic situation, revealing a financing gap of between $3 and $5 billion that needs to be addressed under the ongoing IMF programme.

    The government is actively seeking to bridge this gap while avoiding high-interest loans from international commercial banks, which could place a significant burden on the country’s finances.

    Regarding the extended IMF programme, Aurangzeb confirmed that he is maintaining regular communications with the global lender, with the IMF Executive Board meeting scheduled for the end of the month.

  • Gold price falls slightly by Rs500 to Rs256,000 per tola

    Gold price falls slightly by Rs500 to Rs256,000 per tola

    Gold prices in Pakistan held steady on Monday, even as global markets experienced significant fluctuations due to concerns over a potential slowdown in the US economy.

    According to the Karachi Sarafa Association, the price of 24-karat gold remained at Rs256,000 per tola, reflecting a modest decline of Rs500.

    In contrast, international markets saw a dramatic decline in spot gold prices, which plummeted by as much as 3.2 per cent in the previous session—the largest intraday drop since early June.

    By the end of the trading day, gold prices had recovered somewhat but still closed 1.2 per cent lower. The metal traded within a volatile range of over $90, driven by fears of a deeper economic slowdown in the US.

    The VIX index, which gauges market volatility, surged by 180 per cent to 65.7, marking its highest level since the COVID-19 crisis in 2020. Concurrently, spot silver prices fell by 4.6 per cent globally, which would have equated to a loss of approximately Rs130 per tola in Pakistan.

    Despite these global declines, the Sarafa Association reported that the price of 24-karat silver in Pakistan was Rs2,850 per tola, only down by Rs50.

  • ‘Barzakh’ to be removed from YouTube Pakistan after severe public criticism

    ‘Barzakh’ to be removed from YouTube Pakistan after severe public criticism

    Zee Zindagi’s latest Pakistani project ‘Barzakh’ has been at the center of a heated controversy ever since its release two weeks ago. Written and directed by Asim Abbasi who known for his previous projects ‘Churails’ ‘Cake’, the web series has been accused of promoting queer themes. The show still got over four million views on YouTube in the short while since its release.

    Zindagi has announced that it will remove the Fawad Khan and Sanam Saeed venture from YouTube Pakistan starting August 9. In a statement on their official Instagram page, the network thanked fans and explained the reason for the removal:


    “We, at Zindagi and Team Barzakh, extend our heartfelt gratitude to our global audience for their unwavering support for Barzakh — a show that was created to bring people together everywhere. But in light of the current public sentiment in Pakistan, we have decided to voluntarily withdraw Barzakh from YouTube Pakistan, effective August 9, 2024. The decision underscores our dedication to honoring our audiences without causing alienation. We sincerely appreciate your understanding and continued support. Thank You.”

    Asim Abbasi, the writer and director of Barzakh, took to X (formerly Twitter) to express his thoughts on the removal:

    “No story of mine is worth more than the safety of all the beautiful, talented artists who came together to craft it. So this decision really is for the best. For all those who have showered us with love, I hope you enjoy the finale! And remember – stories never die.”

    Barzakh’s last episode is set to air on Tuesday night at 6 pm.

  • How Hina Chaudhary found love and success against the odds

    How Hina Chaudhary found love and success against the odds

    Actress Hina Chaudhary is one of those rare celebrities who successfully balance their careers with her role as a wife and mother.


    In a recent interview with ‘Fuchsia Magazine,’ Hina disclosed that she was deeply involved in cricket during her college days. “Meri ammi ko ye pasand nahi tha kyun ke mein sara din dhoop me rehti thi. Aur phir logon ka meri ammi ko ye kehna kay larkon walay khel khail rahi hai, ye tou kaali hojaegi,” Hina said. Despite her mother’s concerns about her getting tanned and impacting marriage prospects, Hina’s dedication to cricket was unwavering.


    She also discussed how she reignited her passion for acting during her university days by joining a dramatics club and becoming its president. This led to a challenging yet transformative period as she convinced her father to support her acting career. Initially resistant, her father eventually agreed after many discussions.


    She shared valuable advice from her mother: “My mother told me something that I still remember. If you want to reach the top, you must complete every step. If you miss a step, you will fall and get hurt.” This advice has guided Hina throughout her career, motivating her to persist and succeed.


    Hina also talked about her marriage to Ali, whom she met at university. Ali, an assistant professor, initially helped her with admission documents. Their relationship grew from a simple connection to a deep and supportive partnership as Ali continued to assist her with academic challenges.


    Hina emphasized that love can diminish. “It is very important to have friendship in a relationship,” she pointed out. She highlighted that Ali’s progressive attitude and support have been crucial for her career. Ali encourages her acting ambitions and supports her through various challenges, including managing family responsibilities.

  • One Homes Announces Smart Homes for Overseas Pakistanis in $45M Community

    One Homes Announces Smart Homes for Overseas Pakistanis in $45M Community

    Islamabad — One Homes, a British investment group, has announced the addition of a collection of smart apartments to their portfolio in a $45 million Islamabad development. The properties will boast many industry firsts, including smart design apartments for overseas families looking for a home in their motherland and flexible interest-free payment plans.

    Building upon previous successes, this mega-project is located within the picturesque DHA Phase 3 directly adjacent to a brand new Roots Ivy International University. It is also within minutes of the newly announced Dolmen Mall City, Pakistan’s leading operator of shopping malls and a championship golf course. 

    The area is poised to see tremendous growth in the years ahead due to major infrastructure investments in the area. The development is a short drive from the new DHA Interchange connecting DHA Phase 3 directly with the heart of the Federal Capital of Islamabad within 20 minutes. 

    Aqib Hassan, the CCO of One Homes, said, “Since the onset of construction, the influx of new developments in the area has significantly enhanced the value of the land and the quality of life for future residents. This is a testament to the incredible foresight and attention to detail that sets One Homes apart”.

    Aqib continued, “2024 has been a record-breaking year for us, there is growing demand from overseas Pakistanis in the West to invest back home, both from an investment and lifestyle standpoint. On a cultural level, we’re seeing the families wanting to cement their roots and connection with the motherland.”

    The building itself, designed by VX Studios—a globally renowned architectural firm headquartered in Dubai—features a masterful neotraditional style. It’s set to exhibit a range of amenities, including but not limited to a resort-style infinity pool, fitness centre, and children’s play area. Furthermore, residents enjoy on-site facilities like the highest quality restaurants, cafes, and padel courts. 

    This is all created through partnerships with global design pioneers, including Versace Ceramics, Ayana Holding, and Opaal Interiors. Each element merges global design principles with local sensibilities, and of course, Pakistan’s trademark hospitality. 

    Hamid Kerayechian, CEO of Ayana Holding shared his thoughts about the project, “Working with One Homes was an incredible experience, and we are proud to have been able to elevate an already promising property with this new collection of suites. Our knowledge of the end user needs drove this process creating the true modern living experience with versatile spaces for flexible use — this is truly an industry first in Pakistan.”

    One Homes, part of One Group, is a leading foreign investor in Pakistan. Founded by entrepreneur Zeeshaan Shah, the group has over $435 million worth of projects in the country. Recent projects the group have been involved with include One Canal Road, Lahore and Amaya Residences and Amaya Panoramas at Cedar Hills, Islamabad.

  • Landlord in Sindh cuts donkey’s leg for entering his stable

    Landlord in Sindh cuts donkey’s leg for entering his stable

    A landlord in Sindh has cut off the leg of a donkey that entered his stable.

    The incident took place in Batra village of Mehar Tehsil in Sindh.

    The donkey’s owner says his son earns money by driving a donkey cart. The owner said, “Last night, my donkey went to the landlord’s shed, after which he and his son got angry and cut off the leg of the donkey.”


    Geo News reported that the donkey owner had registered a complaint with the Rajhastan police station against the influential landlord, but so far, the police have not taken any action. They have also left the donkey with the police.

    However, the police believe that the donkey’s owner has only reported the case and has not registered an FIR. Further action will be taken after the case is registered and the investigation is carried out.

  • Adeel Hussain’s mother passes away

    Adeel Hussain’s mother passes away

    Actor Adeel Hussain’s mother has passed away. Hussain has posted a picture on Instagram, remembering his late mother. “Though our hearts ache, we find solace in the beautiful memories she leaves behind. Her legacy of compassion and grace will continue to inspire us every day,” he wrote.

    He also called her the light his life. “Words fail me as we wish her so long’ ❤ forever in our hearts and minds.”

    Celebrities and fans offered condolences after his mother’s passing.

    Ali Kazmi commented, “Sincere condolences my brother! May she rest in peace and always smile down upon you from her special place in the heavens.”
    Ushna Shah commented, “Inalilahewainaelerajiun – I’m so sorry Adeel”
    Aisha Malik also commented, “So sorry for your loss Adeel, may Allah grant her a high place in Jannah and give you strength during this difficult time.”

    Here are the pictures of Adeel hussain with his mother:


    Here are the post he shared on Instagram :

  • Ushna Shah defends olympic athlete Imane Khelif amid testosterone controversy

    Ushna Shah defends olympic athlete Imane Khelif amid testosterone controversy

    Famous actress Ushna Shah has opened up about her struggle with high testosterone levels due to Polycystic Ovary Syndrome (PCOS).


    In Instagram posts and tweets, Ushna shared that she and many other women in Pakistan deal with PCOS, which causes high levels of the male hormone testosterone.


    Ushna’s honest talk brings attention to PCOS, a common but often misunderstood health issue. She pointed out that PCOS causes hormonal imbalances, leading to problems like extra body hair (hirsutism).


    Talking to her followers, Ushna said that high testosterone gives her stronger muscles and more energy. However, she made it clear that this does not make her any less female. She said that even with these hormonal changes, she is still fully feminine.


    Ushna’s comments challenge old views that link high testosterone with masculinity or a third gender.


    Her message is important, especially in light of recent events like the case of Algerian athlete Imane Khelif. Khelif qualified for the Paris Olympics and is set to compete in the finals. However, she faced controversy last year when she was disqualified by the International Boxing Federation due to an unspecified gender test. Even though the International Olympic Committee confirmed Khelif’s female gender, the Algerian has been attacked relentlessly by racists and transphobes, including JK Rowling and Elon Musk.

  • Chief Justice Qazi Faez Isa’s family donates more than 30 thousand sq ft land to Balochistan

    Chief Justice Qazi Faez Isa’s family donates more than 30 thousand sq ft land to Balochistan

    On Pakistan’s 77th independence day, Chief Justice of Pakistan Qazi Faez Isa and his family have donated more than 30,000 square feet of land to the Balochistan government.

    Geo News reported that the Qazi family wrote a letter to the government of Balochistan donating land amounting to 31,680 sq feet.

    The letter stated that the donated land was located next to the Quaid-i-Azam Residency in Ziarat.

    The letter further stated that the land could be used for an environmental centre in the public interest and handed over to the government on August 14th.

  • Asad Umar shifted to hospital after feeling chest pain in Court

    Asad Umar shifted to hospital after feeling chest pain in Court

    Former Pakistan Tehreek Insaf (PTI) leader Asad Umar has been shifted to a hospital on Tuesday after he experienced pain in the chest while attending a hearing in an Anti-Terrorism Court (ATC) in Lahore.

    Umar’s lawyer said his client felt chest pain in the courtroom, after which he was shifted to the hospital.

    Doctors conducted an ECG which turned out to be normal.

    Doctors determined that the former Finance Minister’s blood pressure dropped after he took hypertension medicine on an empty stomach, Geo News has said.

    A video has surfaced on social media where people can be seen carrying him to the vehicle.

    Umar faces multiple cases in relation to the May 9 riots, including incitement to vandalism, and the cypher case.

    On November 11, 2023, the ex-secretary general of PTI resigned from party membership and withdrew from politics, citing disagreement with the party’s aggressive approach towards state institutions.