Latest News
Hafiz Naeem inaugurates Pak Wonder Ground, launches football tournament in Karachi
Jamaat-e-Islami chief Hafiz Naimur Rehman inaugurated Pak Wonder Ground in Paposh Nagar and launched a football tournament to popularize the sport and provide wholesome recreational activities to the youth.
Speaking at the ceremony, Hafiz Naim said the government had failed to provide proper sports facilities to the youth. He claimed that those in power had illegally divided the land and occupied the park, adding that the people had rejected the culprits.
He said Jamaat-e-Islami received the highest number of votes in the local elections, but the ruling class did not allow the mayor to take office. Despite limited resources, he said, his party worked beyond its available powers and resources rather than simply complaining. He praised Nazimabad City Chairman Syed Muhammad Muzaffar and his team for restoring the area for public use. Hafiz Naeem said that Afghanistan Jamaluddin School was also repaired and renovated under the guidance of Nazimabad city administration. He expressed concern about the free sale of drugs across the country and the increasing presence of drugs near educational institutions and playgrounds. He argued that boys and girls are trained to use drugs and that drug centers cannot operate without the connivance of local police departments.
Jamaat-e-Islami leaders also criticized the excavation of roads in Karachi in the name of Red Line, Yellow Line and Green Line projects. He said that by providing positive activities for young people, they can achieve success in sports and education and bring visibility to the country.
He said efforts are being made to help young people become better athletes, along with education. Hafiz Naeem announced that a football tournament involving 16 of the city’s best teams would be held at the Pak Wonder Ground. The winning team will receive a cash prize of Rs 100,000 and the second placed team will receive Rs 50,000. He described Mohsin Yousafzai as a prominent footballer who trained players in Pakistan.
He urged those who want to develop a strong football team in Karachi to contact Al Khidmat and said that football kits would also be provided. He encouraged the players to start a campaign to repair the stadium and pledged to support Jamaat-e-Islami through soccer kits and other resources.
Business
NEPRA increases electricity price by Rs2.36 per unit
The National Electric Power Regulatory Authority (NEPRA) has increased the electricity tariff by Rs 2.36 per unit under the Monthly Fuel Charge Adjustment (FCA), increasing the financial burden on electricity consumers.
According to NEPRA’s notification, the price increase has been made due to fuel cost adjustment in September 2026. The adjustment reflects the difference between the actual cost of fuel used to generate electricity and the previously determined baseline fuel cost.
As per the decision, electricity consumers will be charged an additional fee of Rs 2.3673 per unit on their bills as per the applicable FCA mechanism. The adjustment will be reflected in energy bills for November 2026.
Business
Pakistan’s trade deficit rises 16pc to 14.6 billion dollars in four months
Pakistan’s trade deficit increased by about 16% to $14.6 billion in the first four months of the current fiscal year (July-October) compared to $12.6 billion in the same period last year.
According to a document released by Pakistan Bureau of Statistics (PBS), the trade deficit in October 2026 also expanded by 19.7% compared to the same month last year. On a monthly basis, it increased by 10.3% compared to September.
According to the data, Pakistan’s exports increased by 2.2% in October compared to the same month last year, while imports increased by about 12%. In October, the country’s total exports amounted to $2.93 billion and imports amounted to $6.8 billion, resulting in a monthly trade deficit of $3.87 billion.
Compared to September 2026, exports in October increased only by 0.2%. However, the country’s trade deficit widened further due to a significant increase in imports.
Business
PSX gains 7,477 points during the outgoing business week
-Pakistan Stock Exchange (PSX) showed a positive trend in the last business week with the benchmark KSE-100 index increasing by 7,477 points to close at 173,886.
According to the weekly market update, the index traded within a range of 9,614 points during the week, with a high of 176,604 points and a low of 166,989 points. Trading activity remained strong, with 4.28 billion shares changing hands during the week for a total value of Rs142 billion.
Meanwhile, the market capitalization increased by Rs520 billion over the week to reach Rs18.909 billion.
-
Latest News6 months agoICC board meeting in India: Mohsin Naqvi gets invitation
-
Latest News3 months ago‘Self-Reliance in Digital ID’: NADRA launches locally produced QR code-based National Identity Card
-
Latest News4 months ago23 people have died during the monsoon as rain-related incidents plague Punjab and KP.
-
Latest News2 months agoTurkish FM, Dar discuss regional trends, bilateral connections
-
Business4 months agoGovt dedicated to resolving Balochistan issues: Dar
-
Latest News3 months agoPakistan making rapid progress in robotics, AI: Shaza Fatima
-
Entertainment6 months agoInterim bail given to YouTuber Rajab Butt in gambling app marketing case
-
Latest News3 months agoAfter a divorce, LHC decides that women who have been harmed by their spouses get their dower.
