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The price of 24-carat gold per tola decreased by Rs300 to Rs256,500 in the domestic market, According to all Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of gold saw a decline of Rs258, reaching Rs219,907. On the other hand, the price of silver remained unchanged at Rs2,900 and 10 grams holding firm at Rs2,486.28. In international market, the price of gold per ounce dropped by $16, bringing it down to $2,417 from the previous price of $2,433. On Friday, the price of gold reached an all-time high, with an increase of Rs2,400, and reaching an unprecedented level of Rs257,300. However, yesterday a dip in prices was observed after gold surged to a new all-time high of Rs257,300 per tola (11.66 grams) in Pakistan. Sourc:   https://gtvnewshd.com/gold-rates-in-pakistan-today-august-5-2024/

In a move that has sent shockwaves through the business community, the Pakistan Post has halted parcel bookings to the United States. According to sources within the Pakistan Post, the reason for the closure is the non-payment of compensation to American shipping companies. However, the utility has cited the lack of proper parcel packing as the primary cause. An inquiry report by the Directorate General of Pakistan Post has revealed several flaws, including deficiencies and missing Electronic Advanced Data (EAD), wrong classification of letter mail, and incorrect information in mandatory fields. The report pointed out that small-sized registered letters were being sent to the US without generating ITMATT messages or with faulty/incomplete ITMATT messages, leading to errors and rejection by the United States Postal Service (USPS). The suspension has caused disruption to trade, with orders from e-commerce customers being cancelled. Small businessmen and e-commerce sellers have urged the...

The statue of Sheikh Mujibur Rahman , the country’s founding father and former prime minister, was vandalised by protesters in the capital city. The incident occurred amidst intensifying anti-government protests, which have rocked the nation in recent weeks. Videos circulating on social media show a group of individuals climbing the statue and smashing its arms with hammers, as a large crowd cheers and chants in the background. After Sheikh Hasina resigned as Bangladesh PM and fled Dhaka, protesters vandalised her father’s and former Bangladesh President Sheikh Mujibur Rahman statue in Dhaka. The monument, a symbol of Bangladesh’s independence, was left with significant damage as fragments fell to the ground. The protests, which have been gaining momentum, are directed against Prime Minister Sheikh Hasina, who has been in office since 2009 and was re-elected in January 2024. Critics accuse her of authoritarian rule and mismanagement. The Prime Minister’s House was stormed by protesters...

Bangladesh’s army chief , General Waker-Us-Zaman on Monday announced the resignation of Prime Minister Sheikh Hasina who fled the country. Bangladesh has been engulfed by protests and violence that began last month after student groups demanded scrapping of a controversial quota system in government jobs. That escalated into a campaign to seek the ouster of Hasina, who has been in power for 15 years and most recently swept to a fourth straight term in January. Nearly 250 people have been killed in the violence. Zaman, 58, assumed the duties of army chief on June 23 for a period of three years – the normal tenure for the position. Born in Dhaka in 1966, he is married to Sarahnaz Kamalika Zaman, the daughter of General Muhammad Mustafizur Rahman, who was army chief from 1997 to 2000. Zaman holds a Masters degree in Defence Studies from the National University of Bangladesh and a Master of Arts in Defence Studies from King’s College, London, according to the Bangladesh Army website. Prior...

In a recent statement, United Arab Emirates (UAE) Consul General Dr. Bakheet Ateeq Al Remeithi clarified that there are no visa restrictions for Pakistani citizens traveling to the UAE. The announcement comes after reports surfaced of difficulties faced by residents of Sindh province in obtaining visas. Dr. Al Remeithi said that the UAE provides “100% facilities” for Pakistanis seeking visas, including businessmen, workers, and those traveling for medical treatment. To ensure a smooth travel experience, the Karachi Consulate has launched a special awareness program, advising individuals to avoid carrying prohibited items and pack their luggage themselves. Additionally, the UAE plans to introduce a new program for the business community, offering comprehensive facilities for those looking to travel to the UAE for business or establish partnerships with UAE companies in Pakistan. The Consul General’s statement aims to alleviate concerns and promote a hassle-free travel experience for Pa...

Pakistani singer Aima Baig has faced criticism from netizens following her recent performance at the ‘Pakistan and Indonesia Music Night’ in Jeddah, Saudi Arabia, shortly after completing her Umrah pilgrimage. The event, part of the Jeddah Season, featured a lineup of artists including Bilal Saeed, Rabeeca Khan, and Indonesian singer Lady Rara, drawing a large audience. Prior to the event, Baig’s announcement had sparked rumors that she was quitting the music industry. However, she clarified that her trip abroad was for work-related reasons. Baig’s performance in Jeddah was well-received, with the audience captivated by her renditions of popular songs like “Kaif-o-Suroor” and “Mast Malang”. Despite the positive reception, Baig’s participation in the music show after sharing her Umrah pilgrimage on Instagram elicited mixed reactions from her followers. During the same visit to Saudi Arabia, Baig had performed the minor pilgrimage before engaging in her work-related activities.

The Pakistan Cricket Board (PCB) announced on Monday the launch of the Champions domestic tournaments, aimed at transforming the country’s cricketing ecosystem and narrowing the gap with international cricket. During a press conference at Lahore’s Gaddafi Stadium, PCB Chairman Mohsin Naqvi unveiled plans for the Champions One-Day Cup, T20 Cup, and First-Class Cup. These tournaments will showcase top-performing domestic cricketers alongside centrally contracted players. Accompanied by PCB Chief Operating Officer Salman Nasser and newly-appointed Adviser on Cricket Affairs Waqar Younis, Naqvi emphasized that Pakistan’s current rankings in all three formats do not accurately reflect the true potential and rich legacy of the nation’s cricket. Naqvi highlighted the importance of innovation and strategic enhancements in the domestic structure. He stated that the Champions tournaments would provide domestic cricketers with an environment that mirrors the pressures and intensity of internatio...

Pakistani social media influencer Jannat Mirza recently opened up about her personal life, discussing her decision to end her engagement and her views on marriage. In a podcast, Jannat Mirza explained that calling off her engagement was a decision made after two years of careful consideration with her former partner, not an impulsive choice. "I wasn't ready for the breakup; why would anyone be ready for such a thing? But yes, I wasn't afraid of it, and I was happy afterward," Jannat shared. She also expressed her preference for traditional arranged marriages, believing they have more charm and face fewer unavoidable issues. "Arranged marriages have more charm. In my past relationship, I saw numerous issues that couldn't be ignored, especially since marriage is for a lifetime," she said. Jannat further disclosed that she no longer believes in giving second chances in relationships. Her candid insights have sparked widespread interest and discussion on s...