According to sources, the LC has been opened in the Chinese bank in an attempt to make payment for the cargo – the first-ever purchase of Russian oil by Pakistan – in Chinese yuan. Though the payment for Russian oil will be in yuan, it will put a burden on Pakistan’s foreign exchange reserves. Initially, Moscow offered the option of making payments in three currencies including the UAE dirham, Chinese yuan and Russian ruble. Pakistan, which follows the Platts price index, is hoping to get a discount of $16 to $18 per barrel on Russian crude oil. According to the source, the processing of Arab Light crude leads to production of 45% high-speed diesel (HSD) and 25% furnace oil while the Russian crude will produce 32% HSD and 50% furnace oil.

May 06, 2023 09:52 UTC

Shelby Hathcock pitched well.”The second game would be against the Hayden Wildcats with Georgia Chancellor at the mound for the Tigers. With a win, Springville would become the area champions but, with a loss, there would be another game between these two teams. The teams would trade places in the second as Springville got 2 runs and Hayden was unable to score. In the fifth, the Tigers would tie the game at 4 with 1 run before putting up 4 in the sixth to seal the game and the area championship for the Springville Tigers. However, we played as one which helped us win area.”The Tigers improve to 35-7-1 on the season heading into the state playoffs later this week.

May 06, 2023 02:38 UTC

LAHORE - Caretaker Chief Minister Pun­jab Mohsin Naqvi launched the Punjab Police Public App at a ceremony here. The event was attended by Provincial Informa­tion Minister Amir Mir, IG police, MD Punjab Safe Cities Authority, CCPO & CTO Lahore, Chairman Punjab Information Technology Board and others. During the briefing, it was informed that 11 features have been added to the app for convenience of the pub­lic. The accused will be able to be immediately traced or arrested through the women harassment feature as 18 services of Khidmat Center are included in Punjab Police Public App. Caretaker CM expressed his ap­preciation for the team’s efforts and acknowledged that the idea for the Punjab Police Public App originated during the search for lost heirs in Gujranwala, where the CTO Lahore played a com­mendable role in locating the missing child.

May 06, 2023 02:03 UTC

PatientFirst.AI, a groundbreaking healthcare startup from Pakistan, has emerged victorious in a prestigious Harvard University competition, securing a $75,000 prize for its innovative electronic health record (EHR) platform. The Harvard President’s Innovation Challenge, which seeks to identify and support cutting-edge startups with the potential for global impact, recognised PatientFirst.AI's vision of revolutionising the healthcare ecosystem for developing nations. Determined to find a solution to this problem, Fiza and her brother, both engineers, began developing PatientFirst.AI. The startup's platform is designed to be easily implemented in countries with limited resources and infrastructure. The startup is actively seeking connections with investors interested in the healthcare space and raising their next funding round.

May 05, 2023 20:38 UTC

The Supreme Court (Review of Judgments of Orders) Bill, 2023 was passed by the Senate on Friday as the opposition Pakistan Tehreek-e-Insaf (PTI) vehemently protested, surrounding the chairman's dias. For live streaming 👉🏼 https://t.co/jAAEyvvggd — Senate of Pakistan (@SenatePakistan) May 5, 2023The bill gives the National Assembly (NA) the right to review judgments and orders passed by the Supreme Court (SC) in exercise of its original jurisdiction under Article 184 of the Constitution. It aims at facilitating and strengthening the apex court in exercise of its powers to review judgments and orders by enlarging the review jurisdiction. Importantly, the new bill will have a retrospective effect and judgments or any orders passed before the enactment of the bill can be reviewed, according to the mover of the legislation. Another clause of the bill states that an appeal shall lie to the Supreme Court from any judgment, decree, final order or sentence.

May 05, 2023 20:16 UTC





The indictment includes special findings of the grand jury regarding the amount of fentanyl attributable to various defendants as part of the drug-trafficking conspiracy. Castaneda, Flores, and Johnson are charged with conspiring to distribute 400 grams or more of a mixture and substance containing a detectable amount of fentanyl. The maximum penalty for conspiracy to commit money laundering is 20 years in prison. This investigation is part of the Organized Crime Drug Enforcement Task Forces (OCDETF), Operation “Wildcard.” OCDETF is an independent component of the U.S. Department of Justice. OCDETF leverages the resources and expertise of its partners in concentrated, coordinated, long-term enterprise investigations of transnational organized crime, money laundering, and major drug trafficking networks.

May 05, 2023 16:31 UTC

Following the heavy loss in the operations being carried out by the Pakistan security forces, a group of Tehreek-e-Taliban Pakistan (TTP) has agreed to surrender. The TTP Gohar Group, known for their terror activities, agreed to surrender their weapons in front of the security agencies after suffering the heavy loss. Sources reveal that the TTP Gohar Group has been grappling with internal rifts, which have resulted in a breakdown of the group’s unity. Gohar group has accused, Shafirullah Group, of plotting murders and defamation them. Moreover, the TTP Gohar group has requested help from local clerics to facilitate their surrender.

May 05, 2023 12:01 UTC

The dispute between the Supreme Court Bar Association (SCBA) and Pakistan Bar Council (PBC) has reached the Supreme Court. Later, matters turned further ugly when the PBC removed the SCBA secretary and Additional Secretary Shakeel-ur-Rehman from their posts. It assigned the additional charge of the SCBA secretary to the association's Finance Secretary Hifza Bokhari. In a statement, the PBC said the SCBA secretary and additional secretary had violated the Legal Practitioner and Bar Council Act. It added that both individuals had not appeared before the PBC Executive Committee.

May 05, 2023 09:56 UTC

ISLAMABAD - Khyber Pakhtunkhwa police in one of the most challenging counter terrorism operations yes­terday killed Iqbal alias Bali Khiara who was a most-wanted terrorist by the KP and Punjab po­lice in different high profile terrorism cases. Sources said that terrorist Iqbal was involved in 26 terrorism incidents in Pakistan and was linked with Al-Qaeda and Tehrik-i-Taliban Pakistan (TTP) Khiara faction. According to details, the KP police on a tip-off conducted a raid in DI Khan and surrounded Iqbal along with his associates near Fateh Morr. The sources said the killed terrorist was in­volved in several terrorist attacks, target killings and kidnapping of local people. The sources further said Iqbal was also wanted by the Multan police in five cases.

May 05, 2023 05:40 UTC

Let the drums roll as ‘VELO Sound Station’ has yet again hit the nation. What is VELO Sound Station upto with the Diva? Velo Sound Station may have made us wait, but with this promo, we can say good things come to those who wait. VELO Sound Station is around and here to stay. VELO Sound Station is surely setting the tone right.

May 04, 2023 22:55 UTC

YouTubers Irfan Junejo and Ducky Bhai have waved the white flags and would like for their fans and the media to do the same. Irfan held that he knew things would get messy, because of which he called Ducky at 2:00 am to discuss what had happened. Following this, a blog post alluded that Irfan had targeted Maaz and Ducky in the podcast, which the latter shared on his Twitter. I still love Irfan though. I still love Irfan tho.

May 04, 2023 16:58 UTC

By Terry Schrimscher, For the TribuneIRONDALE – The Irondale City Council gathered Tuesday night, May 2, for the first regularly scheduled monthly meeting. The Council moved quickly through the agenda with some discussion on zoning ordinances and a focus on employee excellence. Mayor James D. Stewart Jr. used his time in his report to single out five employees who were deserving of extra praise. A special exception to the zoning requirement for façades was granted to a development at 300 Ruffner Road. The property would be eligible to be grandfathered in if the Council amends the zoning further.

May 04, 2023 16:35 UTC

Unidentified assailants on Thursday killed eight schoolteachers in Parachinar in two incidents, prompting the Kohat board to cancel the ongoing matriculation examination. According to police, unidentified persons opened fire on teachers who were on exam duty in Teri Mengal school’s staff room. In the other instance, teacher Muhammad Sharif had been killed while he was travelling on Shalozan Road. Police launched a search operation to find the attackers and rescue authorities shifted the dead bodies to Parachinar hospital. PPP co-chairman Asif Ali Zardari also expressed his anguish while condemning the incident and demanded that the authorities take action against the attackers.

May 04, 2023 16:14 UTC

Pakistani authorities had earlier requested Indian Civil Aviation for granting special permit to Pakistan for the use of PAF special Aircraft. Foreign Minister Bilawal Bhutto Zardari now would fly from Karachi Thursday morning to Indian city Goa to attend the SCO Council of Foreign Minister Conference being held on 4th and 5th of May. Foreign minister Bilawal Bhutto Zardari earlier in the day consulted key political leaders on his visit to India and took them into confidence. He spoke to JUI-F Moulana Fazl ur Rehman on phone and took him into confidence on his visit to India. Bilawal has already consulted Prime Minister Shehbaz Sharif on his visit to India last week.

May 04, 2023 09:04 UTC

“Inflation has continued to rise in Egypt, Pakistan and Tunisia, with the comparison of current policy interest rates relative to natural policy rate estimates suggesting that further interest rate increases are needed to stabilise inflation,” reads the report. The IMF defines the natural policy rate as the real natural rate plus one-year-ahead inflation expectations from the World Economic Outlook databases. But the increase in the interest rates has caused a significant surge in the government’s debt servicing cost, which is now estimated at around Rs5.3 trillion as against the budgeted figure of Rs3.95 trillion. Since the start of the IMF programme in July 2019, Pakistan has doubled the policy rate. At the start of the policy talks in January this year, the IMF had demanded increasing the the interest rates by at least 6%.

May 04, 2023 08:54 UTC