Web Desk Staff, Author at Pakistan Observer

Rupee gains Rs 0.30 against US dollar in interbank market

Karachi: The Pakistani rupee on Friday recorded a marginal gain of Rs 0.30 against the US dollar in the interbank market after falling in two…

Chinese-Canadian billionaire sentenced to 13 years in prison

Bejing: A Shanghai court on Friday sentenced Chinese-Canadian billionaire Xiao Jianhua, who has not been seen in public since 2017, to 13 years in prison…

Govt appoints Jameel Ahmad as State Bank’s new governor

Islamabad: The federal government on Friday appointed Jameel Ahmad as the new governor of the State Bank of Pakistan. A notification was issued by the…

Ties with India should be based on equity, justice & mutual respect: PM Shehbaz

Islamabad: Prime Minister Shehbaz Sharif said that Pakistan desired ties with India, based on the principles of equity, justice and mutual respect and a just…

PTCL reports issue behind connectivity problem

Islamabad: Many internet users have been facing connectivity problems since this morning. It seems that Pakistan Telecommunication Limited (PTCL) has now identified the problem and…

Gold price drops by Rs 2800/tola

Islamabad: The gold price in Pakistan dropped by nearly 2% or Rs 2800 per tola on Thursday in the local market against its sale at…

Attack on Salman Rushdie ‘unjustifiable’: Imran Khan

Islamabad: Former Prime Minister Imran Khan said that the attack on Salman Rushdie was “unjustifiable”. In an interview with an English news agency, Imran Khan…

Rupee records marginal loss of 0.07 paise against US dollar

Karachi: The Pakistani rupee (PKR) on Thursday witnessed a marginal loss of 0.07 paise against the US dollar in the inter-bank market. According to the…

US announces $1 million in aid to Pakistan against natural disasters

Washington: The United States announced $1 million in aid to Pakistan “to build resilience against natural disasters”. Secretary of State Antony Blinken pledged the aid…