10:00 pm Headlines on 24Digital
December 2, 2021 11:13 PM
♦ Bloodbath in the stock market as record trade deficit, inflation and fear of an increase in interest rate shattered investors’ confidence; KSE 100 Index fell by 2135 points leading to aRs332billion loss to the investors; US dollar also hit a new high against Pakistan rupee as on US dollar was gained a value of another 48 paisas to reach Rs176.42
♦ The dream of own home becomes elusive for citizens as property prices in 38 cities increased by 10 to 15 percent; the property prices in Karachi have been increased by 25%; Price of per square yard in posh areas A1 category reached Rs81,000; the price per marla in Mall Road Lahore has gone up to Rs3.5 million
♦ Shahid Khaqan Abbasi says there is no biggest threat to the national security than inflation; says the government also have to borrow money for defence expenses and salaries, which is the sign of corruption and incompetence; says those who steal ballots do not care about masses; says if the situation remains the same then Pakistan will be number one in inflation
♦ Information Minister Fawad Chaudhry says the situation in the country today is due to the actions of the PML-N and PPP; Fawad claims that inflation is declining; says common man will benefit; says Shahid Khaqan Abbasi should read the statistics once
♦ Government members in the PAC have thrown the rubble of corruption on the bureaucracy; says in a meeting with the Prime Minister, says as many cases of corruption are highlighted, which the bureaucracy suppresses; PM Khan says whoever tries to throw dust tell me; PM urges to also expose the current era of corruption
♦ Inflation leads to a record rise in petrol prices; socializing also became difficult for people; petrol sales during November were down by 9% from September; Diesel sales also declined by 3%
♦ Inflation and unemployment put an end to tolerance; families begin to disintegrate; dangerous increase in divorce cases in Lahore Family Courts; report 400 to 450 cases report per month on average; children also got crushed in the fight of the parents; every day 10 children begins to lose the affection of their parents
♦ Country engulfed in protests; teachers in Islamabad protest outside Parliament House; young doctors took to the streets in Karachi, Quetta and Hyderabad; LESCO employees sit in Lahore; demonstrations against the local government system across Sindh; PML-N leader Khawaja Asif expresses solidarity with teachers; says the country is burning in the fire of inflation, Imran Khan is playing the flute
♦ MQM took to the streets against the new local government system in Sindh; demonstration in Karachi; Kanwar Naveed Jamil says the new local government law is the blackest law of history; Saeed Ghani replies he wants to give more powers to the local body representatives; says municipalities are rushing to collect taxes
♦ Issue of the new local government system of Punjab; matters settled between PTI and PML-Q; there will be 11 metropolitan corporations in Punjab; metropolitan corporations will consist of 9 divisional headquarters; every metropolitan will have a Lord Mayor; heads of the district councils will be the district mayors
♦ United Opposition decides to boycott parliamentary National Security Committee meeting; rest of the parties agreed on the PML-N proposal; government is using parliament as a rubber stamp; declaration issued after the meeting of the steering committee of the opposition; meeting of the parliamentary security committee is scheduled for December 6
♦ K-Electric's request to increase the price of electricity by Rs38; decision reserved after hearing in NEPRA; chairman NEPRA says if fuel becomes expensive then its burden will come
♦ Faisal Vawda disqualification case, if no one comes to the next hearing, we will save the decision; cases will not be allowed to be further delayed remarks Chief Election Commissioner's remarks; Faisal Vawda's assistant lawyer reprimanded; Faisal Vawda remained silent on the question of dual citizenship while talking to media; Faisal Wawda filed an intra-court appeal to stop proceedings
♦ Investigation into the targeted killing of lawyer Irfan Ali Mehr in Karachi; lawyers strike in Karachi for the second day; boycott of court proceedings; Cases adjourned in Sindh High Court; lawyers takes out a rally from city court to press club; Irfan Ali Mehr buried in Shikarpur
♦ Lahore High Court decision upheld; Supreme Court dismisses appeals against MD CAT test; MD CAT is required for admissions in medical colleges; no private medical college can escape from MD CAT, remarks SC
♦ When, who and how did the land for Nasla Tower tower land; FIA investigation team visited Sindh Building Control Authority; FIA obtained important documents; officials of Sindhi Muslim Society will also be investigated
♦ New variant of coronavirus begins to spread rapidly; USA and UAE reports one case each of Omicron variant each; Omicron also reached India; KSA officials say they will not impose a complete lockdown this time
♦ Squad for Pakistan national cricket team has been announced for home series against West Indies; Shahnawaz Dhani to make ODI debut; players who are dropped includes Hassan Ali, Shoaib Malik, Sarfraz Ahmed and Imad Wasim
♦ Preparations underwent accelerations for preparations of Sindh Cultural Day festival; special ceremony in boats along the Indus River in Sakrand; young people wore traditional clothes; Sindhi songs were performed; citizens are also excited in Tangwani
♦ Interesting javelin throwing competitions continue in Jhelum; drums beat added charm on the field
♦ Europe's 300 billion euros international project getting compared with China's "OBOR" project; European Union will invest heavily in various countries under the name of "Global Gateway".
♦ Official pre-Christmas celebrations in the UK; Christmas tree lit outside Prime Minister Boris Johnson's official residence; children sing religious songs to mark the occasion
♦ New trailer of acclaimed TV series "Money Heist" released; the second volume of the series full of action and thriller scenes will be aired tomorrow.