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FIA arrests a agents involved in visa fraud

By
Kamran Muraad
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0
MULTAN, Jun 13 (APP): The Federal Investigation Agency (FIA) Multan Zone arrested three individuals allegedly involved in human trafficking and visa fraud, on Friday.
According to an FIA spokesman, the accused identified as Abid Hussain, Abbas Ali, and Altaf Hussain were  extorting large sums of money from citizens under the pretext of providing overseas employment.
The suspects were apprehended from Rahim Yar Khan. Both are accused of defrauding individuals of over Rs 1.4 million each by offering fake job opportunities in Oman.
Abbas Ali was arrested from Kamoke, Gujranwala, for allegedly taking Rs 780,000 from a victim for promised employment in Saudi Arabia.
The accused failed to send the victims abroad and went into hiding after collecting the money. All three have been taken into custody and further investigation is underway, the spokesperson added.

Ahsan strongly condemns Israel’s attack on Iran

By
Kamran Muraad
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0
ISLAMABAD, Jun 13 (APP):Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal has condemned Israel’s aggression against Iran and demanded that the international community take notice of this act of aggression.
Speaking to journalists at the media center outside the Parliament House on Friday, he said that Israel’s aggression against Iran was condemned in the  both houses of Parliament today,”I also condemn it”.
He strongly condemned Israel’s aggression against Iran and said that this aggression of Israel is a serious threat to regional and global peace. The international community should take notice of its act of aggression.
He said that during the budget session speech of the Finance Minister, the opposition has damaged the microfinace system of opposition benches.The microphone system was installed in the Parliament House in 1994, but the opposition has never protested in any era that caused damage to property.
Ahsan Iqbal said that the current opposition’s protest has damaged the
The cost of replacing the microphone system will be Rs 350 million and I think this money should be collected from the salaries of these opposition members –
But I want to remind them that when this brave man was in the House, he used to say on the Indian false flag operation, tell me what should I do, should I attack India, during his government he had released Abhi Nandan within 24 hours and handed him over to India.
He said that I don’t know whose eyes the PTI members are throwing dust in, when India attacked Pakistan in 2019, Imran Khan was standing helplessly in the House and they are calling it bravery.  During his rule, he did not have the money to pay the IMF installment, salaries and pensions were also paid on loan, he left the country close to bankruptcy and on April 1, 2022, PTI bankrupted the country, but Alhamdulillah today, under the leadership of Prime Minister Shehbaz Sharif, Pakistan is now heading towards growth again. The restoration of Pakistan’s economy is being appreciated all over the world, international rating agencies are appreciating economic improvement and performance. Our rating is moving towards high, and for this we do not need any certificate from PTI.
Ahsan Iqbal said that till May 6, PTI’s narrative was that Pakistan’s fate was ruined, PTI did not tire of criticizing the Pakistan Army. He said that now again PTI is spreading disappointment among the nation.
He said that today PTI is calling for a demonstration on the visit of Field Marshal to the US.  He said that there is no difference between the narratives of PTI and India and that is why PTI used to get foreign funding from India and Israel and that is why this party is working on the agenda of Israel and India. Ahsan Iqbal said that there is no room for PTI’s style of politics in Pakistan, the founder of PTI is not a political prisoner but has been caught stealing 190 million pounds. The Federal Minister for Planning said that PTI should hold its leader accountable for the economic downturn. He said that Imran Khan has committed the biggest political robbery in the history of Pakistan.  Instead of playing the desk in the assembly, they should grab the collar of the founder PTI in Adiala Jail. The founding chairman has committed corruption worth sixty billion rupees. A modern and well-equipped Danish University will be established with the amount of sixty billion rupees. Federal Minister for Planning Ahsan Iqbal said that the Tehreek-e-Insaf has damaged Pakistan’s relations with friendly countries and isolated the country on the economic and diplomatic front. The current government has restored relations with friendly countries again. He said that today there is criticism against India all over the world. In response to a question, he said that the PML-N has always maintained that the army should stay away from politics and there should be no political engineering and when the army is asking to stay away from political processes, the founder PTI is not taking the name of a political leader for talks but wants to talk to the establishment.

Gold prices up by Rs.4,600 to Rs.361,500 per tola

By
Kamran Muraad
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0
ISLAMABAD, Jun 13 (APP):The price of 24 karat per tola gold increased by Rs.4,600 and was traded at Rs.361,500 on Friday compared to its sale at Rs. 356,900 on last trading day, All Pakistan Sarafa Gems and Jewelers Association reported.
The prices of 10 grams of 24 karat also increased by Rs.4,023 to Rs.310,007 from Rs. 305,984 and for 10 grams of 22 Karat it went up by Rs3,688 to Rs.284,183 from Rs. 280,495.
The rates of per tola silver also increased by Rs.35 to Rs.3,780 and ten gram silver rose by Rs.30 to close at Rs.3,240.
The price of gold in the international market went up by $46 to $3,417, whereas the prices of silver surged by $0.35 to $36.22, the Association reported.

Govt advises Zaireen to reconsider travel plans to Iran, Iraq

By
NNPS Desk
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0

ISLAMABAD, Jun 13 (APP): The government on Friday advised the Pakistani Zaireen to reconsider their plans to travel to Iran and Iraq, keeping in view the situation, emerged after Israel’s attack on Iran.

“In view of the evolving security situation in the region, the Zaireen from Pakistan are advised to reconsider their travel plans to Iran and Iraq,” Foreign Office spokesperson Shafqat Ali Khan said in a statement.

Earlier, the Foreign Ministry activated a 24/7 Crisis Management Unit to ensure safety and security of Pakistani nationals and Zaireen in Iran.

Prime Minister Shehbaz Sharif, according to a PM Office statement, also instructed the Pakistani Embassy in Tehran to provide all possible assistance to Zaireen and other community members.

He directed the foreign ministry and embassy in Iran to remain on high alert until the regional situation stabilizes.

Bangladeshi University delegation to visit Pakistan for academic collaboration

By
Kamran Muraad
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0
COMSTECH
ISLAMABAD, Jun 13 (APP):A high-level 10-member delegation comprising vice chancellors and senior officials from leading public and private sector universities of Bangladesh is set to visit Pakistan from June 16-21.
The visit is being organized at the invitation of the OIC Ministerial Standing Committee on Scientific and Technological Cooperation (COMSTECH) and being facilitated by the High Commission for the People’s Republic of Bangladesh Islamabad.
The primary objective of the visit is to explore and enhance avenues of academic collaboration and institutional partnerships in the fields of higher education, science, and technology.
The delegation will participate in a series of high-level meetings, discussions, and interactive sessions with top Pakistani universities  in Lahore and Islamabad.
According to the COMSTECH, these Pakistani institutions are members of the COMSTECH Consortium of Excellence (CCoE), a collaborative network of premier universities dedicated to advancing scientific cooperation and educational excellence among OIC member states.
This initiative reflects COMSTECH’s continued commitment to fostering inter-university cooperation and strengthening academic ties across the Muslim world, particularly between Bangladesh and Pakistan.

SBP injects over Rs 13.5 trillion in the market

By
Kamran Muraad
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0
SBP
KARACHI, Jun 13 (APP):The State Bank of Pakistan (SBP) injected Rs 13,514 billion in the market through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday.
The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for 7 and 14 day tenors on June 13, 2025 and accepted an amount of Rs 13,103 billion against 33 quotes while another Rs 411 billion were injected through Shariah Compliant Mudarabah based OMO.
For the Reverse Repo Purchase, SBP received 30 quotes for the 7-day tenor cumulatively offering Rs 12,829.4 billion at the rate of return ranging between 11.03% to 11.16%. SBP accepted an amount of Rs 12,650 billion against 30 quotes at 11.03% rate of return. The total amount offered at 11.03% was Rs 3,026.1 billion, out of which SBP accepted Rs 2,846.7 billion on a pro-rata basis.
Moreover, the SBP also received 3 bids for the 14-day tenor cumulatively offering Rs 453 billion at the rate of return ranging between 11.08 to 11.13%. The SBP accepted all the 3 quotes with the entire amount at 11.08% rate of return.
Meanwhile, SBP also conducted Shariah Compliant Mudarabah based Open Market Operation for 7 and 14 day tenors. The central bank received no bid for 14-day tenor while 5 bids were received for 7-day tenor offering Rs 411 billion at rate of return ranging between 11.11% to 11.13%. SBP accepted the 5 bids with the entire amount at 11.11% rate of return.

KP budget session starts amid opposition protest against alleged corruption in KP

By
Kamran Muraad
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0
PESHAWAR, Jun 13 (APP): The annual budget of Khyber Pakthunkhwa Government for financial year 2025-26 was started here on Friday afternoon.
The budget session with the Speaker Babar Salim Swati commenced with recitation of the Holy Quran.
Khyber Pakthunkhwa Chief Minister, Ali Ameen Gandapur, opposition leader Dr Ebad Khan, PPP Parliamentary leader Ahmed Kundi and leadership of all parties were present.
At the onset of budget session, the opposition members gathered in front of speaker desk, carrying placards and banners with slogans highlighting the alleged corruption and nepotism in the province.

BISP Chairperson strongly condemns Israeli attack on Iran

By
Kamran Muraad
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0
ISLAMABAD, Jun 13 (APP):Chairperson of the Benazir Income Support Programme (BISP), Senator Rubina Khalid Friday strongly condemned the recent Israeli attack on Iran, calling it a deplorable act that has drawn global condemnation.
“The attack on Iran is a reprehensible act and must be condemned at the international level,” stated Senator Rubina Khalid.
Emphasizing the need to de-escalate tensions, she said, “We call for an immediate reduction in hostilities and urge all parties to seek a peaceful resolution, prioritizing the safety of innocent civilians.”
Expressing solidarity with the Iranian people, she added, “Our thoughts are with the people of Iran during this difficult time.”
Senator Rubina Khalid stressed the importance of diplomacy in averting further escalation, saying, “We underscore the need for diplomatic dialogue to prevent further conflict.”
“We advocate for calm, restraint, and accountability,” she emphasized.
She further called on the international community to stand united in supporting a peaceful resolution to ensure regional stability and security.

Rupee sheds 29 paisa against US Dollar

By
NNPS Desk
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0

ISLAMABAD, Jun 13 (APP): The Rupee on Friday depreciated by 29 paisa against the US Dollar in the interbank trading and closed at Rs 282.96 against the previous day’s closing of Rs 282.67.

However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 283 and Rs 285.5 respectively.

The price of the Euro increased by Rs0.46 to close at Rs 326.39 against the last day’s closing of Rs 325.93, according to the State Bank of Pakistan (SBP).

The Japanese yen remained unchanged and closed at Rs1.96, whereas an increase of Rs 0.85 was witnessed in the exchange rate of the British Pound, which was traded at Rs 383.68 as compared to the last day’s closing of Rs 382.83.

The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 08 and 02 paisa to close at Rs 77.04 and Rs 75.37, respectively.

Shibli Faraz opens Budget debate, urges action on key economic issues

By
Kamran Muraad
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0
ISLAMABAD, Jun 13 (APP):Leader of the Opposition in the Senate, Senator Syed Shibli Faraz, opened budget debate on Friday with a stark focus on current economic challenges, calling for urgent measures by the government in several vital areas.
Shibli Faraz highlighted the circular debt in the power sector, noting that it continues to burden the country’s economy. He called for implementing structural reforms besides ensuring regular tariff adjustments in order to avert financial shortfalls and improve utility services.
The opposition leader, said that, “more funds should have also been allocated for dam construction in the Budget.” He emphasized the role of new reservoirs in enhancing water security, boosting agricultural output, and supporting long-term economic growth, particularly in water-stressed regions.
On tax reforms, Shibli Faraz voiced for a balanced approach that safeguards taxpayers’ rights.
To combat these challenges, Shibli Faraz recommended the government’s prioritized job creation, particularly for youth and rural populations. He called for adopting targeted public-private partnership initiatives and vocational training programs to spur employment and promote inclusive growth.
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