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A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, accord...
02/12/2024

A 22-year-old trader was tragically shot dead during a robbery attempt on New M.A. Jinnah Road on Sunday evening, according to police reports.

Jamshed Quarters SHO Imtiaz Husain Shah identified the victim as Hasan Arif, who was killed near Hasan Tyre Shop, adjacent to Islamia College, when he resisted the robbers. The assailants, who fled the scene without stealing anything, shot Arif in the chest. He succumbed to his injuries on the spot.

Read more: https://theupcut.com/young-trader-killed-during-robbery-bid-in-karachi/

The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of inten...
27/11/2024

The Pakistan Tehreek-e-Insaf (PTI) announced the suspension of its Islamabad sit-in early Wednesday after a day of intense clashes in the city’s Red Zone, which left several dead and dozens injured. The decision came amid escalating violence and calls for accountability from the judiciary.

The clashes erupted late Tuesday as PTI supporters attempted to breach barricades at D-Chowk, prompting security forces to deploy tear gas and rubber bullets to disperse the crowd. PTI leaders, including Bushra Bibi and Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur, urged protesters to retreat temporarily, saying, “Go home, have dinner, and return tomorrow.”

Read more: https://theupcut.com/pti-suspends-islamabad-protest-following-deadly-clashes-appeals-for-justice/

The Pakistan Telecommunication Authority (PTA) announced a strict deadline of November 30 for the registration of commer...
19/11/2024

The Pakistan Telecommunication Authority (PTA) announced a strict deadline of November 30 for the registration of commercial Virtual Private Networks (VPNs), warning that non-registered VPNs would cease functioning thereafter. The announcement came during a briefing to the Senate Standing Committee on IT and Telecom by PTA Chairman, retired Major General Hafeezur Rehman, on Monday.

Read more: https://theupcut.com/senate-panel-questions-ptas-authority-to-block-non-commercial-vpns/

The Pakistan Stock Exchange (PSX) experienced a robust uptick on Thursday, with the KSE-100 Index climbing over 500 poin...
14/11/2024

The Pakistan Stock Exchange (PSX) experienced a robust uptick on Thursday, with the KSE-100 Index climbing over 500 points in intraday trading as market sentiment turned bullish. At around 11 AM, the benchmark index was up 548.58 points, or 0.59%, reaching 93,904.00 from the prior close of 93,355.42.

This rally comes after the PSX’s slight recovery a day earlier, when the index inched up by 131 points following Tuesday’s record-breaking dip. Market observers attribute the recent recovery to investor interest in equities amid declining fixed-income returns and stabilizing macroeconomic indicators.

Read more: https://theupcut.com/psx-surges-over-500-points-as-investors-return-to-equities-amid-improving-market-stability/

The Pakistan Stock Exchange (PSX) experienced a bullish start to the week as the KSE-100 Index breached the 94,000-point...
11/11/2024

The Pakistan Stock Exchange (PSX) experienced a bullish start to the week as the KSE-100 Index breached the 94,000-point mark during Monday’s intraday trading, setting a new record for the local bourse. By 10:37 AM, the index had surged by 728.34 points (0.78 per cent), reaching 94,020.02 from the previous close of 93,291.68.

Read more: https://theupcut.com/psx-soars-as-kse-100-index-crosses-94000-benchmark/

As thick smog blankets Punjab, the provincial government has taken stringent measures to combat hazardous air quality le...
07/11/2024

As thick smog blankets Punjab, the provincial government has taken stringent measures to combat hazardous air quality levels, announcing on Wednesday the closure of educational institutions across 18 districts from November 7 to 17. The decision follows a steep rise in the Air Quality Index (AQI), which in Lahore reached an alarming 1,165 on Wednesday morning, placing the city among the worst-affected.

Read more: https://theupcut.com/punjab-shuts-schools-implements-remote-work-amid-hazardous-smog-levels/

As the 2024 U.S. presidential race narrows, Donald Trump’s path to victory has taken a decisive turn, with major wins in...
06/11/2024

As the 2024 U.S. presidential race narrows, Donald Trump’s path to victory has taken a decisive turn, with major wins in critical battleground states boosting his momentum. Addressing supporters at a lively election night watch party in West Palm Beach, Florida, Trump celebrated his campaign’s success amid cheers and spirited displays of enthusiasm, as attendees embraced, made calls, and threw MAGA hats into the air.

Read more: https://theupcut.com/trump-wins-second-term-at-2024-us-election-gets-congratulatory-messages-from-world-leaders/

The federal cabinet, led by Prime Minister Shehbaz Sharif, has approved the Haj Policy 2025, setting a quota of 179,210 ...
06/11/2024

The federal cabinet, led by Prime Minister Shehbaz Sharif, has approved the Haj Policy 2025, setting a quota of 179,210 pilgrims and implementing new guidelines to streamline the pilgrimage experience for Pakistani nationals. A key feature of the policy is a restriction barring children under the age of 12 from participating in Haj next year, introduced as a part of crowd management and health safety measures.

Read more: https://theupcut.com/pakistan-unveils-2025-haj-policy-child-age-limit-set-new-facilitation-measures-introduced/

The National Assembly session on Tuesday was adjourned indefinitely following the expunging of remarks made by Oppositio...
05/11/2024

The National Assembly session on Tuesday was adjourned indefinitely following the expunging of remarks made by Opposition Leader Omar Ayub Khan. Representing the PTI-led opposition, Ayub sharply criticised the previous night’s rapid passage of six bills, labelling the action as a “shameful incident” and calling the ruling coalition a “government of thieves.” Deputy Speaker Mir Ghulam Mustafa Shah immediately ordered Ayub’s remarks to be removed from the record.

Read more: https://theupcut.com/national-assembly-adjourned-indefinitely-amid-tensions-over-expunged-opposition-remarks/

Australia secured a decisive victory over Pakistan in the first ODI of their three-match series, winning by a significan...
04/11/2024

Australia secured a decisive victory over Pakistan in the first ODI of their three-match series, winning by a significant margin at the Melbourne Cricket Ground (MCG) on Monday. Opting to bowl first, Australia’s pace attack set the tone early, led by Mitchell Starc’s impactful performance that saw Pakistan struggle against disciplined bowling.

Read more: https://theupcut.com/dodgy-australia-clinch-opening-odi-against-pakistan-at-the-mcg/

Pakistan has recorded its first fiscal surplus in over two decades, thanks to unprecedented profits from the State Bank ...
01/11/2024

Pakistan has recorded its first fiscal surplus in over two decades, thanks to unprecedented profits from the State Bank of Pakistan (SBP) and a record petroleum levy, according to the Fiscal Operations report released by the Ministry of Finance for the first quarter of the fiscal year. The SBP’s historic surplus profit of Rs2.5 trillion, bolstered by the nation’s highest-ever policy rate of 22 per cent, played a pivotal role in transforming the budget deficit into a surplus of Rs1.696 trillion, or 1.4pc of GDP, for the July-September period.

Read more: https://theupcut.com/pakistan-posts-first-budget-surplus-in-24-years-driven-by-record-sbp-profits-and-petroleum-levy-revenue/

In a move that defies expectations, the government announced an increase in petrol and high-speed diesel (HSD) prices fo...
01/11/2024

In a move that defies expectations, the government announced an increase in petrol and high-speed diesel (HSD) prices for the next fortnight, despite falling prices in the global oil market. Effective until November 15, the price of petrol will rise by Rs1.35 per litre, bringing it to Rs248.38, while HSD will see a Rs3.85 increase to Rs255.14 per litre, according to a late-night statement by the Ministry of Finance on Thursday.

Read more: https://theupcut.com/govt-increases-petrol-and-diesel-prices-despite-international-market-decline/

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