December 2, 2022
Business

Floods and political unrest are to blame for the rupee ongoing decline versus the dollar

KARACHI: On Tuesday, the Pakistani rupee lost ground against the US dollar for the eighth straight session due to devastation from floods and ongoing political unrest.The local currency shed Rs1.62 from yesterday’s close of Rs229.82, or Rs2.1, to Rs231.92 in the interbank market.Additionally, the rupee decreased versus the dollar last week by Rs9.21, or 4.2% […]

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PAKISTAN

After the floods, Pakistan “looks like a sea,” says PM Shehbaz, as 18 more people pass away

SEHWAN: After touring some of the places affected by the floods that have affected up to a third of Pakistan, where 18 more fatalities brought the total number of deaths from days of rain to 1,343, Prime Minister Shehbaz Sharif said on Wednesday that parts of the country appeared “like a sea.” A crisis attributed […]

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PAKISTAN

Bella Hadid is looking for “genuine solutions” to assist flood victims in Pakistan

Bella Hadid, an American supermodel, sought information to aid the people of Pakistan when the nation was devastated by floods that affected more than 33 million people and claimed more than 1,200 lives.The model posted a video of pupils being rushed while a police officer tries to save them from the lethal floodwaters on Instagram. Identifying […]

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PAKISTAN

250 people have died in the Balochistan floods

The number of fatalities in Balochistan has now reached 250 after at least two additional persons were confirmed deceased in the course of the last 24 hours due to incidents brought on by rain and flooding.In its report, the Provincial Disaster Management Authority (PDMA) reported that two persons had died, bringing the total number of […]

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PAKISTAN

Flooding poses a threat to food security, according to Ahsan Iqbal

Ahsan Iqbal, the minister for planning, development, and special initiatives, issued a warning on Monday that the country would have problems with food security as a result of flooding and heavy rainfall.Federal Minister Ahsan Iqbal stated that the recent floods and torrential rains in the nation have severely harmed the harvests of rice, bananas, onions, […]

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PAKISTAN

Floods in Pakistan are anticipated to cause further internet interruptions

According to a technical study provided to the Ministry of Information Technology, Pakistanis may soon experience additional suspensions of internet access as the nation contends with heavy flooding brought on by persistent rain.In the past week, there have been two instances of internet outages in Pakistan. Following recent instances of cable cuts, the ministry has […]

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International

As monsoon rains lash northern and eastern India, floods and landslides claim scores of lives

At least 50 people have died in northern and eastern India over the past three days due to floods and landslides brought on by heavy monsoon rains, officials said on Sunday.As rescue teams raced to evacuate survivors, the rains overran hundreds of towns, destroying homes and leaving families stranded. The third-largest economy in Asia, which […]

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PAKISTAN

Balochistan’s anguish has no end in sight as rain claims the lives of another 10

In Balochistan, the recent torrential rains have made the situation even worse as 10 more people have died and infrastructure, including as homes, roads, and bridges, has been destroyed in the previous three days. The Kohlu-Quetta National Highway’s traffic flow was severely hampered by the infrastructural damage caused by the rain. In addition, a Fourth […]

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