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Showing posts from August, 2023

Ishaq Dar reveals reason behind ‘rising sugar prices’

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ISLAMABAD: Former finance minister Ishaq Dar believes that the increase in sugar prices is thus not a reflection of stock position but “exploitative policies of unscrupulous businesses and poor governance”, ARY News reported on Monday. Taking to X (formerly Twitter), the former finance minister asked “not to raise false alarm over existing sugar stocks of 2.3 million metric tons.” “With the next crushing season only 2.5 months away i.e. by November 16 2023, there is no need for raising false alarm over existing sugar stocks of 2.3 million metric tons,” Ishaq Dar wrote on X. With the next crushing season only 2.5 months away ie by 16November 2023, there is no need for raising false alarm over existing sugar stocks of 2.3 million metric tons. Monthly consumption of sugar is just over half million mt and opening stock at the start of new crushing… https://t.co/TtJ5xYdmvv — Ishaq Dar (@MIshaqDar50) August 30, 2023 According to the PML-N leader, the country’s monthly consumption o

PTI rejects cypher case hearing in Attock jail

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ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has rejected the transfer of cypher case hearing against the former prime minister to Attock jail, ARY News reported.  As per details, the party spokesperson said that PTI urged the Supreme Court to take notice of the human rights violation. The international and local human rights organizations should raise voices against the unconstitutional measures, the PTI spokesperson added. PTI spokesperson said that there is no room for secret trails behind closed doors in the constitution of Pakistan. Read more: Cypher case against PTI chief to be heard in Attock jail Earlier, the hearing of cypher case against the Pakistan Tehreek-e-Insaf (PTI) chief was shifted to the Attock jail. As per details, the notification issued by the law ministry stated that the ministry permitted the hearing of cypher case against the former prime minister in Attock jail. The cypher case against the PTI chairman will be heard by Judge Abual Hasnat Zulqarnain in Att

Election date: Law ministry prepares response to President’s letter

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ISLAMABAD: The Ministry of Law has prepared a response to President Dr Arif Alvi’s letter, seeking opinion on Election Commission of Pakistan’s (ECP) stance that “only it had the authority to decide the election date”, ARY News reported on Tuesday, citing sources. Sources told ARY News that the Law Ministry hasn’t forwarded the response to President Dr Arif Alvi, who sought its opinion regarding the authority of giving an election date. The development came after Chief Election Commissioner (CEC) Sikandar Sultan Raja responded to President Alvi’s letter for meeting to “fix an appropriate date” for general elections, saying that participating in such a meeting would be of “scant importance” after changes to the election law. The president had written to Sikandar Raja Sultan, inviting him for a meeting regarding holding general elections in the country. In his letter, President Alvi quoted Article 244 of the Constitution, saying he was duty-bound to get the elections conducted in t

Video: Woman beaten up during robbery in Rawalpindi

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ISLAMABAD: A woman was beaten up and deprived of her belongings during a robbery attempt in Rawalpindi, ARY News reported on Monday. The incident – CCTV footage of which is going viral on social media – took place within the limits of Waris Khan police station, wherein two robbers beat and looted the belongings of a woman. #triggerwarning #Rawalpindi incident took place at Waris Khan area Rawalpindi. Law enforcement agencies should take notice put the culprits behind the bars. pic.twitter.com/rvAu3SHsRn — 𝗔𝗺𝗷𝗶𝗱 𝗔𝗹𝗶 (@AmjidAli) August 28, 2023 In the CCTV footage, the two robbers can be seen snatching belongings of the woman while one of them chocked her. The suspects pulled off the woman’s bangles and rings and then beat up the woman and fled away. Taking notice of the incident, CPO Rawalpindi sought a report from Superintendent of Police (SP) Rawal. The police claimed that they have identified the accused in the CCTV footage and will arrest them soon. from ARY

Caretaker minister issues order to clear two-year dues of govt employees

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KARACHI: Sindh Caretaker Finance Minister Younus Dagha has issued directives to clear two-year dues of the government employees in terms of salaries and pensions, ARY News reported on Monday. Sindh Caretaker Finance Minister Younus Dagha issued orders to pay two-year dues of the serving and retired government employees. He also ordered to launch a mobile app for improving the services of district treasury offices. More than 20,000 retired government employees are facing difficulties due to non-clearance of dues for three years. The minister admitted that there is a shortage of funds in terms of pre-retirement salaries, pensions, commutation and gratuity. He detailed that the dues of the government workers have soared to Rs36 billion due to the financial crisis. Moreover, the authorities took action against the workers who have been found guilty of financial irregularities in the district treasury offices. from ARY NEWS https://ift.tt/1sDPUXu

Nawaz Sharif unlikely to return to Pakistan in October: Khursheed Shah

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KARACHI: Senior Pakistan People’s Party (PPP) leader Khursheed Shah on Sunday said that it is unlikely that Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif will return to Pakistan in October, ARY News reported. Speaking at ARY News’ programme ‘Sawaal Ye Hai’, the former federal minister said that former prime minister premier Shehbaz Sharif may say that Nawaz will be returning in October but “I say that Nawaz Sharif’s health is not good”. Khursheed Shah said that Nawaz Sharif went to London due to illness and “if he [Nawaz] is returning amid health issues that’s a good gesture”. “His [Nawaz’s] own people are defaming him by saying that the former premier wasn’t coming due to legal issues,” Shah said, adding that such statements are portraying PML-N supremo as “a liar”. Earlier, former prime minister Shehbaz Sharif said that Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif will return to Pakistan in October. “We held consultations with the senior leadership of

PPP announces countrywide protests against inflated electricity bills

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ISLAMABAD: Pakistan People’s Party (PPP) has announced countrywide protests against the inflated electricity bills, ARY News reported on Sunday. PPP Secretary General Nayyar Bukhari announced that the inflated electricity bills have worried every citizen. He added that PPP will stage protests on city, union council (UC) and tehsil levels across the country. Related: Jamaat-e-Islami decides to hold strike against power tariff hike Bukhari ordered PPP workers to stage protests across the country. The movement against inflated electricity bills nationwide is gaining momentum every day. People are hitting the streets and burning the bills in protest. The inflated power bills triggered country-wide protests from Karachi to Khyber and protests in some parts of the country are turning violent. Earlier in the day, Jamaat-e-Islami (JI) announced to observe a countrywide strike on September 2 against the increase in electricity prices amid mounting public outcry. Related: Electricity bi

GB to deploy police along with public transport on KKH

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GILGIT: The Gilgit Baltistan (GB) government has decided to deploy the police and the Karakoram Security Force along with public transport, ARY News reported. The step is taken to ensure safe travel and security of passengers on the Karakoram Highway (KKH), In an official statement from Home Department, it has been decided that “No ban is under consideration on public transport and there is no truth in the rumors being spread in this regard. Gilgit-Baltistan Scouts troops will perform patrolling duties on the Karakoram Highway and Gilgit-Baltistan Scouts, police and community police troops have also been deployed at various places on the highway for the safety and security of passengers. Read more: Tourist dies resisting robbery at Babusar top Earlier, a distressing incident was reported from Babusar, where a driver lost his life as robbers opened fire during a robbery attempt. According to local police, the victim was identified as Mohammad Rashid from Punjab fell victim to the

Caretaker PM assures resolution of issues of coal mining industry

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QUETTA: Caretaker Prime Minister (PM) Anwaarul Haq Kakar on Saturday assured to resolve issues of the coal mining industry in Balochistan, ARY News reported. The caretaker PM made the assurance while talking to a delegation of coal mining companies from Balochistan. The delegation informed the prime minister about the issues faced by the coal mining industry. PM Kakar asked the companies to ensure the protection of miners working in the coal mines. He said Balochistan was rich in natural resources, adding benefits could not be achieved from mining without adopting international standards. Read More:  Caretaker PM expresses confidence about emerging out of economic quagmire Federal ministers Sarfraz Ahmed Bugti, Shahid Ashraf Tarar, Sami Saeed, Caretaker Chief Minister Balochistan Ali Mardan Domki, and provincial ministers and officials attended the meeting. It is pertinent to mention here that Caretaker PM Anwaarul Haq Kakar arrived in Quetta for a three-day visit to Balochista

Video: Courier rider snatches pistol from mugger in Karachi

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KARACHI: A courier rider made a courageous move and foiled the robbery bid in the Nazimabad area of Karachi on Friday, ARY News reported. The failed robbery event was caught on camera. The video showed a courier rider standing outside a house in the Nazimabad area when an armed street criminal reached there. The street criminal snatched mobile phone and other valuables from the courier rider at gunpoint. Suddenly, the courier rider caught the criminal and tried to snatch his pistol. During the fight, the rider fell to the ground but he did not lose his grip and managed to take away his pistol. The street criminal fled from the scene after losing his weapon, leaving behind his motorcycle. https://arynews.tv/wp-content/uploads/2023/08/WhatsApp-Video-2023-08-25-at-11.36.26-PM.mp4 A few days ago, a woman in Karachi successfully thwarted an attempted burglary from a family. A woman foiled an attempt of robbery from a family at Karachi’s Rashid Minhas Road. A witness said the two su

ECP delists contempt case against PTI chief, others

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ISLAMABAD: The Election Commission of Pakistan (ECP) on Friday delisted September 5 cases, including a contempt case registered against Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan and others, ARY News reported. In a statement, the electoral watchdog has asserted that the cases – to be heard on September 5 – were delisted due to the unavailability of the bench. It is pertinent to mention here that the ECP had served notices to PTI chief and former federal ministers Asad Umar and Fawad Chaudhry in contempt case. Earlier, Lahore High Court (LHC) stopped Election Commission of Pakistan (ECP) from taking final decision against Pakistan Tehreek-e-Insaf (PTI) chief in the contempt case. LHC Judge Justice Muhammad Wahid Khan heard the plea filed by PTI chief against the  ECP proceedings . LHC stopped ECP from taking the final decision in the contempt case however directed the commission to continue the proceedings. Furthermore, the PTI chief’s petition was referred to Chief Justic

8 dead, 1,090 injured in Punjab road accidents in 24 hours

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LAHORE: At least eight people were killed and 1,090 others injured in 1,047 road traffic crashes in Punjab during the last 24 hours, ARY News reported. As many as 560 people with serious injuries were shifted to different hospitals, while 530 with minor injuries were treated at the incident site by the rescue medical teams. The data analysis showed that 586 drivers, 33 underage drivers, 131 pedestrians, and 381 passengers were among the victims of road traffic crashes. The statistics show that 266 accidents were reported in Lahore, which affected 277 persons, placing the provincial capital at top of the list, followed by 84 in Faisalabad with 71 victims and at third Multan with 72 accidents and 81 victims. According to the data, 923 motorbikes, 63 auto-rickshaws, 96 motorcars, 24 vans, 12 passenger buses, 27 trucks and 95 other types of vehicles and slow-moving carts were involved in the road traffic accidents. Earlier, at least 20 people, including women and children, were burnt

PM Kakar briefed on foreign policy of Pakistan

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ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar visited the Ministry of Foreign Affairs on Thursday and received a briefing on the foreign policy of Pakistan, ARY News reported. As per details, Foreign Secretary Muhammad Syrus Sajjad Qazi briefed the prime minister about the country’s foreign policy. The briefing covered Pakistan’s external relations, the working of the Ministry of Foreign Affairs, recent efforts to strengthen diplomatic ties with other countries, and priorities for the future, especially in view of the regional and global developments. The prime minister was apprised of the steps being taken by the Ministry of Foreign Affairs in coordination with the ministries and departments concerned, to facilitate the Pakistani diaspora working and residing abroad. The need for close coordination between the Ministry of Foreign Affairs and all other national stakeholders was discussed with a view to ensuring the synergetic and holistic pursuit of Pakistan’s foreign pol

DC Lahore notifies changes in market timings

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LAHORE: The Deputy Commissioner (DC) of Lahore has notified the changes in market timings, allowing to continue business activities till 11:00 pm instead of 10:00 pm, ARY News reported on Wednesday. The DC Lahore issued a notification regarding the changes in the market timings. The notification read that all small and major markets will now be closed at 11:00 pm including shopping malls, sweets shops and bakeries. Additionally, restaurants, hotels, coffee shops and cafes were also allowed to remain open till 11:00 pm. Related: Traders reject govt’s decision of early market closure The medical stores, pharmacies, puncture shops, fuel stations, tandoors and dairy shops were exempted from the time restrictions. In June, then planning minister Ahsan Iqbal had announced that the federal and provincial governments have unanimously decided to shut markets by 8pm across the country under ‘energy conservation plan’ . However, the traders had rejected to follow the federal government’s t

Poliovirus detected in Rawalpindi’s environmental sample

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ISLAMABAD: An environmental sample from Rawalpindi has tested positive for wild poliovirus type 1 (WPV1), ARY News reported. According to the Pakistan Polio Laboratory at the National Institute of Health, which is also the WHO Regional Reference Laboratory for the Polio Programme. The virus was found in an environmental sample collected from the Safdarabad site on August 10. This is the second positive sample from Rawalpindi this year and the isolated virus is genetically linked to the virus cluster circulating in the Nangarhar province of neighbouring Afghanistan. Federal Minister for Health Dr. Nadeem Jan said, “I have formulated a comprehensive strategy to eliminate polio and special attention is being given to high-risk areas.” He said that an emergency plan has been formed to stop the spread of the virus. “My maximum time is for eradicating poliovirus.” Dr Nadeem Jan said that the presence of poliovirus in the environment is highly concerning as it poses a continued threat t

Woman sentenced for forcing 9-year-old step-son to live in ‘dog lot’

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In a strange incident that went viral online, a woman was sentenced after forcing her 9-year-old step-son to live outside in ‘dog lot’ for months. The county deputies responded to a home about reports of a 9-year-old boy locked in a dog kennel. An anonymous person called 911 just before 7 a.m. who told them about the child and said that her husband had taken the child some food “in the past.” When deputies found the child, they broke into the padlocked kennel to get to him to safety. “There were some clothes that were in bits and pieces, a little bit of food was inside, but not enough to sustain warmth for this child,”. The woman who was identified as Sarah Starr along with the boy’s father, Jonathan Starr, and Shelley Lucille Barnes, the homeowner and Sarah Starr’s aunt, was arrested after deputies found the 9-year-old barefoot, wearing only a T-shirt and jeans, in a cage outside of a home on Crest Road on a night when temperatures reached below freezing. Judge Richard Gottleib

13 cops booked after weapons stolen from Lahore police station

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LAHORE: The Lahore police department has booked 13 officers and personnel after five government weapons were stolen from the Township police station, ARY News reported on Wednesday. Five government weapons, Beretta pistols, have been stolen from the Lahore Township police station. The department registered a case against 13 police officers and officials following the directives of DIG Operations Ali Nasir Rizvi. The nominated cops include ASI Tariq Aziz, Head Constable Sanaullah, Shehzad Iqbal, Suleman, Shabbir, Arshad, Constable Sajid, Ahsan, Umar, Haris, Raza Anwar and Muhammad Saeed. In January 2015, the weapons worth millions of rupees had been stolen from the arms depot of Balochistan Constabulary in Quetta and then the depot was set on fire. After the investigation, police had arrested six personnel of the Constabulary including the depot in-charge and an FIR was registered against them. Moreover, 13 arms dealers had also been detained from various areas for involvement in

Civil disobedience announced in Azad Kashmir amid soaring inflation

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KOTLI: People have started civil disobedience movement in Kotli Azad Kashmir (AJK) amid soaring inflation, ARY News reported. As per details, Protests have erupted in Azad Kashmir over rising inflation and heavy electricity taxes. The protestor burned their electricity bills publicly on Abshaar Chowk. They said that people are forced to come on roads. The short-term inflation, measured by Sensitive Price Indicator (SPI), continues to rise with a year-on-year increase of 27.57 per cent for the week ending on Aug 17, Pakistan Bureau of Statistics (PBS) official data showed Friday. Read more: Pakistan’s weekly inflation jumps to 27.5 per cent On a week-on-week basis, the short-term inflation, rose 0.78pc, and shows no signs of slowing down, causing concern for economists and consumers alike. According to data, the Combined Index was at 275.57 compared to 273.43 on August 10, 2023, while the index was recorded at 216.02 a year ago, on Aug 18, 2022. Out of 51 items, the average pric

Watch: Haris Rauf’s five-wicket haul against Afghanistan in first ODI

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Video of Pakistan pacer Haris Rauf’s match-winning bowling performance in the first ODI against Afghanistan is going viral. Watch ARY News live on  live.arynews.tv     The Afghanistan Cricket Board posted the video of Haris Rauf’ match-winning five-wicket haul on the social media application X, formerly called Twitter.  The video showed him dismissing Ikram Alikhil (four), top scorer Rahmanullah Gurbaz (18), Mohammad Nabi (seven), Rashid Khan (nought) and Mujeeb Ur Rahman (four) to complete the rout. A spectacle of pace, intensity and pure fire! Witness the explosive magic of @HarisRauf14 ‘s five-wicket haul #AFGvPAK | #BackTheBoysInGreen pic.twitter.com/cEG8HoPl63 — Pakistan Cricket (@TheRealPCB) August 22, 2023 Pakistan trounced Afghanistan by 142 runs in the opening game of the three-match series.  1⃣-0⃣ in emphatic style What an incredible bowling performance to win the first ODI by 142 runs! #AFGvPAK | #BackTheBoysInGreen pic.twitter.com/o7Hgslpt31 — Pakistan C

General elections: ECP constitutes high-powered oversight panel

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ISLAMABAD: The Election Commission of Pakistan (ECP) has constituted a high-powered supervisory committee, led by the Special Secretary of the Commission, for the arrangements for the upcoming general elections. The committee’s responsibility includes ensuring the proper and timely execution of election arrangements, as well as maintaining close coordination with relevant departments to ensure smooth elections, the state news agency reported. Expressing contentment with the progress in the preparations, Secretary of the Election Commission, Omar Hamid Khan, directed the heads of all Election Commission divisions and Provincial Election Commissioners to promptly finalize election-related arrangements. They are to establish contact with pertinent institutions and ensure the availability of required election materials. It was emphasised that any shortcomings in this regard will not be accepted. Related: ECP warns caretaker govts against undermining ‘smooth conduct of polls’ Additio

ECP warns caretaker govts against undermining ‘smooth conduct of polls’

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ISLAMABAD: The Election Commission of Pakistan (ECP) on Monday again cautioned the federal and provincial caretaker governments against getting involved in any political activities that might undermine the smooth conduct of elections. In letters written to caretaker governments, the electoral watchdog affirmed that the regimes must refrain from any actions aimed at exerting influence on the elections or engaging in any activities that could, in any way, impact or compromise the integrity of free and fair elections. “The caretaker governments, as apolitical bodies, are authorised to make decisions or take steps pertaining to ongoing bilateral or multilateral agreements, as well as projects that have been previously initiated under the Public Private Partnership Authority Act 2017.” The ECP cautioned the caretaker administrations to confine themselves to the authority granted to them by the Elections Act, 2017. The Commission cited an instance, in which it intervened to curtail the

Man commits suicide after killing wife, two children for hitting pet dog

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In a horrific incident that went viral in no time, a man committed suicide after killing his wife, two children after being asked not to hit pet dog. The incident happened in the Indian state of Madhya Pradesh, where a 45-year-old man reportedly killed his wife and two children with a sword and then to committed suicide. A drunk man who was identified as Dilip Pawar reached his home and started beating the pet dog angry over its presence in the house. His wife Ganga intervened asking him to leave the animal alone. This led to a fight and he killed her with a sword. When their 14-year-old son Yogendra and 17-year-old daughter Neha tried to protect their mother, he killed them too. His other two children, Devendra and Bulbul went up to the terrace after seeing the horrific incident and jumped from there to flee the house for safety. Right after the accused stabbed himself at his home with a sharp object. In a separate incident, took place in the Khagaria district of India’s Bihar st

Carlos Alcaraz to face Djokovic for Cincinnati title

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Carlos Alcaraz fended off a match point en route to a 2-6 7-6(4) 6-3 win over Hubert Hurkacz on Saturday to reach the Cincinnati Open final, where he will meet Novak Djokovic in a rematch of last month’s riveting Wimbledon final. The Spanish world number one has lived dangerously since capturing his second Grand Slam title at the All-England Club, needing three sets in all his matches in Ohio, including his quarter-final win over qualifier Max Purcell. Hurkacz, who narrowly lost to Alcaraz in the quarters of the Canadian Open, raced out to a 3-0 lead as Alcaraz mixed dazzling shotmaking with some head-scratching errors in the entertaining first set. Hurkacz captured the opener when he broke Alcaraz for a second time and had match point in the second set while returning serve and leading 5-4 but misfired on a forehand. Alcaraz drew Hurkacz to the net with a drop shot and then fired a sensational cross court winner to set up the tiebreak. In the breaker Hurkacz once again started s

11 laborers dead in North Waziristan bomb blast 

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NORTH WAZIRISTAN: At least 11 laborers died and two injured in a bomb blast in Gulmir Kot, tehsil Shawal North Waziristan, ARY News reported. As per details, the police spokesperson said that the bomb exploded in a van in North Waziristan which resulted in the death of 11 laborers while two others sustained injuries. Earlier, at least 40 persons were killed, and 200 sustained injuries in the powerful bomb blast that targeted Jamiat Ulema-e-Islam Fazl (JUI-F) workers’ convention. It was learned that nearly 400 people were attending the JUI-F worker convention on Shanday Morr near the NADRA office. Law enforcement agencies cordoned off the area. JUI-F Khar Ameer Maulana Ziaullah Jan and Hamidullah were killed in the incident. A private news channel’s cameraman Samiullah was also among the wounded persons. Read more:  40 killed, 150 injured in blast at JUI-F workers convention in Bajaur Caretaker KP Information Minister said that 200 persons got injured in the bombing. Hospitals in

Watch: Snakes swim in hotel’s swimming pool, hot tub

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A shocking video of snakes swimming in the hot tub and pool of a hotel in the United States is going viral on social media. Watch ARY News live on  live.arynews.tv The viral video showed snakes swimming in the swimming pool and hot tub of the Country Inn and Suites in Wisconsin state. They also slithered around the hallway. Michelle Griese, speaking about her encounter with the reptiles with a foreign news agency, said she crossed paths with the snakes at the pool area, and then in the hallway. “I literally watched the snake slither under this person’s door. I knocked on this gentleman’s door, and he came out, and I was like, ‘There’s a snake in the room,’ and he said, ‘I see that’,” she said. He ushered the snake out of his room with a plunger. The hotel employees helpted him to take the reptiles outside. She recalled being told by the hotel’s management that they were having problems in dealing with snake invasion. “This is an ongoing issue, and they’re continually removing

Horrific video: Car drags bikers for three kilometres after hit-and-run

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A chilling footage of two bikers getting dragged by a car after a hit-and-run incident in Nagpur, India is going viral on the social media application Twitter. Watch ARY News live on  live.arynews.tv The viral video of the terrifying incident showed the car dragging them for three kilometres in full public view. तेज रफ्तार कार की चपेट में आने से बाइक सवार दो युवक गंभीर रूप से घायल हो गए। . . . . @powerofonenews . . #nagpur #nagpurpolice #crime #breakingnews #rashdriving #accident #nagpurshahar #police #citypolice #wardharoad #rajivnagar #nagpurcrime #crimenews pic.twitter.com/Ty0JqWQ3Fw — Power of One News (@POWEROF01) August 18, 2023 An Indian news agency reported that the bikers Rakesh Gate and Akash Tekam fell from the two-wheeler after it got hit by the car.    The car driver had no intention to stop the four-wheeler and help them. The video ended with him still driving his car with bikers, still trapped in front of it.  According to locals, there wer

US Army soldier kills wife after celebrating his birthday

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A US Army soldier killed his wife before hiding her body, posting distressing messages about her disappearance and helping his mother-in-law search for the deceased. Watch ARY News live on  live.arynews.tv   According to a foreign news agency, the US Army soldier Zarrius Ray Hildabrand reported that his wife Saria Hildabrand – a combat paramedic – went missing on August 7. He then took to Facebook to post a picture of her with “missing” written on it.  Moreover, he started looking for his wife with his mother-in-law Meredith Barney. He got arrested after her body was found inside a storm drain near their apartment. There was a gunshot wound on the left temple. In the missing complaint, The US Army soldier told police that they got hung over during his birthday celebrations on August 6, the day of the murder, adding that his wife left to work on foot. Saria Hildabrand’s colleagues informed police that she did not show up for work and recalled them getting a text message about h

Oil set to snap 7-week winning streak on China woes, Fed rate outlook

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SINGAPORE: Oil prices looked set to snap a seven-week winning streak on Friday as concerns about demand growth in China as its economy slows, and the possibility of higher for longer US rates triggered losses. Major benchmarks were little changed on Friday, with the US West Texas Intermediate crude (WTI) up 10 cents, or 0.1%, at $80.49 a barrel, while Brent crude was flat at $84.12 a barrel as of 0205 GMT. The US Federal Reserve’s focus on containing inflation amid stronger-than-expected economic data was keeping a lid on oil prices. On Thursday, the US Labor Department reported the number of Americans filing new claims for jobless benefits fell in the last week, suggesting the still-tight labour market could prolong the Fed’s tightening campaign to cool the economy. That report followed similarly upbeat economic data earlier in the week, including U.S. retail sales, which all suggested the Fed may have to stick with higher rates for longer. Investors fret that higher borrowing c

Over 60pc candidates fail written test for trade officer posts

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More than 60% of candidates have failed the written tests for the 40 posts of trade officers which would be appointed in foreign countries by the Pakistani government, citing sources, ARY News reported on Thursday. Sources told ARY News that 61.45 of candidates have failed to clear the written test for the trade officers’ posts. It was learnt that only 101 out of 262 candidates passed the written test, whereas, 161 candidates were declared fail. All candidates of Secretariat, Trade Promotion Services and Economist groups have failed the written test, whereas, the highest number of candidates, 35, were declared successful from the commerce and trade group. The highest ratio of successful candidates was 56.6% who belong to Pakistan Administrative Service, whereas, all five candidates of the Secretariat Group and four candidates each from the Trade Promotion Service and Economist Group failed the test. 35 out of 56 candidates from Commerce and Trade Group have passed the test and 21