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India’s foreign exchange reserves rose for a second straight week and stood at $630.6 billion as of January 31, the Reserve Bank of India Governor Sanjay Malhotra said on Friday. The reserves increased by $1.1 billion in the reported week, after rising by $5.58 billion in the prior week. Changes in foreign currency assets are caused by the central bank’s intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves. The RBI intervenes on both sides of the forex market to curb undue volatility in the rupee. The rupee had fallen 0.9% against the U.S. dollar in the week to January 31 and hit its then record low of 86.6525 per dollar, hurt by portfolio outflows and uncertainty around U.S. trade tariffs. The Indian rupee and other emerging market currencies have been under pressure amid concerns that U.S. President Donald Trump’s tariff plans and sanctions on countries could disrupt global trade and stoke inflation. The domestic u...

RIYADH: The 24-karat gold rates in Saudi Arabia reached 3,990 Saudi Riyal (SAR) per tola on Thursday, February 6, 2025. According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,424 . Additionally, the price for an ounce of gold is SAR 10,651. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded at 09:05 am February 06, 2025. Gold, a highly valued precious metal, has maintained its significance for centuries and plays a vital role in the global economy. Its value stems from its scarcity, durability, and widespread appeal. Frequently regarded as a safe-haven asset, gold is employed to preserve wealth during times of economic instability. Read more:  Saudi Riyal to Pakistani rupee rate; February 1, 2025 Central banks and investors maintain gold reserves to diversify their investment portfolios and protect against inflation and currenc...

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QUETTA: At least seven injured in blast occurred at a hospital near Pashin Bypass in Quetta, Balochistan, ARY News reported. According to police officials, the blast caused by a gas cylinder leak, damaged the hospital building, leaving two of injured in critical condition. Sources said that rescue teams and law enforcement agencies rushed to the scene to gather evidence and investigate the matter. The injured individuals are currently under treatment at the hospital. Police and other law enforcement agencies are investigating the incident to determine the cause of the gas cylinder leak explosion. Earlier, an explosion in a Punjab-bound passenger bus left a man dead and seven others injured. Also read: Blast on passenger bus in Turbat leaves four dead District officials said that the ill-fated bus carrying passengers from Khuzdar to Rawalpindi when reached at Khori on the M-8 highway, a roadside parked car exploded with loud blast, which resulted in death of one person in the bus...

The International Cricket Council (ICC) has shared the tickets sale details for India’s games and the first semi-final of the upcoming Champions Trophy 2025. India will play their three group stage games in Dubai after the BCCI refused to send its team to Pakistan for the tournament. Additionally, the ICC also scheduled the first semi-final in Dubai. “Tickets for India’s three group-stage matches and the first semi-final, scheduled to take place in Dubai, UAE, will be available for purchase starting Monday, 3 February, at 16:00 hours GST [Gulf Standard Time],” the ICC stated in a statement. “Fans can buy tickets online for the matches to be held at the iconic Dubai International Cricket Stadium with general stand prices starting from AED 125,” it added. Read more: Champions Trophy 2025: Physical tickets to go on sale from Feb 3 India will begin their Champions Trophy 2025 campaign with their game against Bangladesh in Dubai on February 20. They will then face Pakistan, the defe...

FAISALABAD: The FIA has said that the land route agent in Mauritania, involved in human smuggling has been arrested by its officials. The Federal Investigation Agency (FIA) has disclosed that accused Mubashir Enayat had received 4.7 million rupees from a citizen assuring him a job in Spain. Accused Mubashir sent the man to Senegal from Mauritania on a visit visa, officials stated. “The citizen refused to travel in a boat to Europe,” investigation agency officials said. The FIA has recovered a mobile phone and other evidence from the accused. The agency is conducting raids to arrest other operatives of the human smuggling network, officials added. Seven Pakistani survivors of the recent Morocco boat tragedy have been repatriated to the country. The survivors included Muhammad Asif, Muhammad Abbas, Mudassar Hussain, Imran Iqbal, Uzair Basharat, Shoaib Zafar and Aamir Ali, who hail from Gujrat, Hafizabad, Sialkot, Mandi Bahauddin and Gujranwala districts of Punjab. FIA’s Immigrati...

KURRAM: The cop injured during attack on the Assistant Commissioner in Kurram succumbed to his injuries today (Saturday), ARY News reported. As per details, the police officials stated that the injured policeman identified as Syed Ashiq Hussain was admitted in DHQ Parachinar where he succumbed to injuries. Yesterday, Assistant Commissioner Saeed Manan of Boshehra, Upper Kurram, was injured in a firing incident by unidentified attackers. The attack occurred in the Bushara area, where Manan was present with law enforcement personnel. He was swiftly taken to a hospital for treatment, and a massive police search operation was launched to apprehend the perpetrators. A joint operation by the district administration, police, and security agencies was conducted in Bagan from January 19 to 21 and recovered large number of illegal weapons. Also read: Kurram: Convoy carrying edible items sent to Parachinar According to security sources, the operation was carried out with the cooperation of...