Category: Highlights

Gold price per tola falls massive Rs7,000 in Pakistan

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gold price

Gold prices in Pakistan saw a massive decrease on Tuesday in line with their drop in the international rates. In the local market, the price of gold per tola lost Rs7,000, clocking in at Rs270,500. Similarly, 10-gram gold was sold at Rs231,911 after it recorded a decrease of Rs6,000, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). On Monday, gold price declined by Rs1,300 to settle at Rs277,500. Meanwhile, the international rate of gold decreased on Tuesday. As per APGJSA, the rate was $2,593 per ounce (with a…

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US Climate Commitment Stands Beyond Elections, COP29 Told

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Cop-29

BAKU: As COP29 commenced on Monday, U.S. climate envoy John Podesta reassured global leaders that efforts to address climate change would persist despite Donald Trump’s re-election. The summit, held from November 11-22, faces heightened uncertainty following Trump’s victory, with the incoming administration expected to reconsider the Paris climate agreement. Podesta emphasized that even if federal action slows, U.S. states, cities, and citizens remain committed to the climate fight. “The work to contain climate change is bigger than one election or political cycle,” he stated. Opening the conference, UN climate chief…

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75 Years of Greener Together – Denmark and Pakistan Celebrate Diplomatic Milestone and GreenPartnerships

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Islamabad, Monday, 11 November 2024 – To celebrate 75 years of diplomatic relations betweenDenmark and Pakistan, the Embassy of Denmark hosted a special reception under the theme “75Years of Greener Together.” The evening underscored a dual purpose – celebrating the endurinpartnership between the two nations and reaffirming their commitment to a greener, moresustainable future.Hosted by H.E. Jakob Linulf, Danish Ambassador to Pakistan, at his residence, the event welcomeda high-level delegation from Denmark, led by Denmark’s State Secretary, Ms. Lisbet Zilmer-Jones,alongside key dignitaries from Pakistan, including the Pakistani Federal Minister of…

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Pakistan creates 20 new trade posts in China to boost exports, investment

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pak-china

The Pakistani government has approved 20 new positions within its Trade Mission in China to boost exports, attract foreign investment, and support efforts to relocate Chinese industries to Pakistan. This initiative addresses the $12 billion trade deficit, with Pakistan’s 2023-24 exports to China at $2.56 billion and imports at $14.51 billion. Following a directive from the Prime Minister and consultations between key ministries, the ECC endorsed a supplementary grant of Rs 226.7 million for these roles. This funding, part of a broader Rs 5.5 billion allocation for trade missions, is…

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Pakistan pollution: NASA images show toxic black smog visible from space, Lahore’s AQI above 600

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toxic black smog visible from space

Thick, black and toxic smog engulfed the skies of Pakistan as unprecedented pollution levels continued to make the lives of citizens difficult. The smog is now visible from space, satellite imagery from NASA’s worldview showed. The satellite imagery showed a huge cloud of grey smog that blankets Pakistan’s Punjab province. This comes days after some cities in Pakistan logged record-breaking pollution levels with the Air Quality Index (AQI) crossing the 2000 figure. Images from the Pakistani cities of Lahore and Multan this weekend show the dark haze engulfing streets and blocking…

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