Tag: assets
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City Police Officer Islamabad directs all SHOs to disclose assets
On Sunday, City Police Officer (CPO) Operations Syed Shahzad Nadeem Bukhari instructed all station house officers (SHOs) to disclose their assets. The CPO also directed that biometric attendance should be ensured in all wings of the operations division, and biometric machines should be installed as soon as possible.
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Bushra Bibi has no jewellery: Khan provides asset details to ECP
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Monday, August 15, declared his wife Bushra Bibi’s and all his assets in the nomination papers to contest the by-elections from Faisalabad constituency NA-108, reports Geo News. Providing details to the Election Commission of Pakistan (ECP), Khan revealed that his assets are more than Rs304.2 million. According to…
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Residential buildings make up 80 per cent of Pakistanis’ wealth: Study
Almost 80 per cent of the wealth accumulated by Pakistani households by the time they are 60 to 65 years old is made up of residential buildings, according to a recent World Bank study. Between the ages of 25 and 65, the net worth of the typical Pakistani household increases by 60 months’ worth of…
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Gold surges to Rs147,250 per tola in local market
On Monday, gold prices in the local market rose by Rs1,450 per tola to a new all-time high, pushed up by the Pakistani currency’s continued depreciation against the US dollar. Despite no change in gold rates in the international market, gold rates in the local market increased to Rs147,250 per tola, according to data released…
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Richest politicians in Pakistan: ECP releases data
The Election Commission of Pakistan (ECP) on Wednesday released the data on the assets owned by Pakistani politicians and their spouses. Imran Khan Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s assets for the year 2021 have witnessed an increase of Rs60 million as compared to the year 2020. Khan owns assets worth Rs142.1 million while he…
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Bitcoin falls to lowest since January after stock market
Bitcoin on Monday, May 9 fell to its lowest level since January 2022, as falling equity markets weighed on cryptocurrencies, which are now trading in line with riskier assets like tech stocks. In early trade, bitcoin fell as low as $33,266 to test the January low of $32,951. If it drops below that level, it…
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Gold loses shine, price drops by Rs2,000 to Rs132,300 per tola
Gold prices fell sharply in the local market on April 8, following the US dollar’s loss of value versus the rupee. The price of precious yellow metal dropped by Rs2,000 to Rs132,300 a tola (11.66 grams). Similarly, the cost of 10 grammes of gold decreased by Rs1,715 to Rs113,426. On the flip side, it jumped…
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Pakistan to import 32.7 million barrels of oil to cover petroleum needs
Under a deferred payment agreement with the Saudi Fund for Development (SFD), Pakistan would acquire roughly 32.7 million barrels (MBL) of crude oil in 2022 to cover its petroleum product needs. The Pak-Arab Refinery Company Limited (PARCO) and National Refinery Limited (NRL) plan to import 16.89 and 15.81 million barrels of oil in the ongoing…
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Pakistan’s exports grew 25% in the last nine months
Pakistan’s exports increased by 17.3 per cent in March 2021 to $2.773 billion, up from $2.365 billion in March 2021 and 25 per cent in the last nine months. The Prime Minister’s Adviser on Commerce and Investment, Abdul Razak Dawood, said that exports increased by 25 per cent to $23.332 billion in the July-March fiscal…
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Govt says no plans to privatise anything PIA
The National Assembly (NA) was informed on Friday that there is no plan to privatise any of the assets of national flag carrier Pakistan International Airlines (PIA).Minister for Aviation Ghulam Sarwar Khan said this during the question hour while speaking at the floor of the House, which met with Speaker Asad Qaiser in the chair.…