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Pakistan’s dollar inflows higher than outflows for second consecutive month

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  Pakistan’s current account recorded back to back surpluses of $508 million in July and $297 million in August, the State Bank of Pakistan said on Wednesday. The current account is a key means of measuring the health of the economy. It records dollar transactions with the rest of the world. In Pakistan’s case, it is usually in deficit or loss as the country spends more dollars than it earns. But data released by the State Bank shows that the combined surplus for July and August was $805 million, while last year, these two months combined recorded a negative balance of $1.2 billion. This is the fourth time the current account balance has reported a surplus since October 2019. Surpluses were recorded in October 2019, May 2020, July 2020 and August 2020. These surpluses could be attributed to low import bills and a rise in the number of remittances sent back home by overseas Pakistanis. Imports of goods were recorded $3.175 billion in August while last year in the same month they wer...

Problems of Purity - Hadith No. 26

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 Problems of Purity - Hadith No. 26 Hadith in Arabic حَدَّثَنَا زُهَيْرُ بْنُ حَرْبٍ ، وَهَنَّادُ بْنُ السَّرِيِّ ، قَالَا : حَدَّثَنَا وَكِيعٌ ، حَدَّثَنَا الْأَعْمَشُ ، قَالَ : سَمِعْتُ مُجَاهِدًا يُحَدِّثُ ، عَنْ طَاوُسٍ ، عَنْ ابْنِ عَبَّاسٍ ، قَالَ : مَرَّ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ عَلَى قَبْرَيْنِ ، فَقَالَ : " إِنَّهُمَا يُعَذَّبَانِ وَمَا يُعَذَّبَانِ فِي كَبِيرٍ ، أَمَّا هَذَا فَكَانَ لَا يَسْتَنْزِهُ مِنَ الْبَوْلِ ، وَأَمَّا هَذَا فَكَانَ يَمْشِي بِالنَّمِيمَةِ ، ثُمَّ دَعَا بِعَسِيبٍ رَطْبٍ ، فَشَقَّهُ بِاثْنَيْنِ ، ثُمَّ غَرَسَ عَلَى هَذَا وَاحِدًا وَعَلَى هَذَا وَاحِدًا ، وَقَالَ : لَعَلَّهُ يُخَفَّفُ عَنْهُمَا مَا لَمْ يَيْبَسَا " ، قَالَ هَنَّادٌ : يَسْتَتِرُ مَكَانَ يَسْتَنْزِهُ . Urdu Translation ´عبداللہ بن عباس رضی اللہ عنہما کہتے ہیں کہ` رسول اللہ  صلی اللہ علیہ وسلم  کا گزر دو قبروں پر ہوا، آپ  صلی اللہ علیہ وسلم  نے فرمایا  ” (قبر میں مدفون)  ان دونوں کو عذاب دیا جا رہا ہے اور کسی بڑے ...

Toshakahana case: Zaradri, Gillani indicted, Nawaz declared proclaimed offender

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ISLAMABAD: An accountability court on Wednesday indicted former president Asif Zardari and ex-prime minister Yousuf Raza Gilani in the Toshakhana reference and declared former premier Nawaz Sharif a proclaimed offender over his continued absence from the proceedings. In March, the NAB had filed a reference with the Accountability Court against them on violation of rules of Toshakhana that caused a heavy loss to the national exchequer. The reference has also named Omni Group CEO Khawaja Anwar Majid and his son Khawaja Abdul Ghani Majid. More to follow.

Problems of Purity - Hadith No. 25

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 Problems of Purity - Hadith No. 25 Hadith in Arabic حَدَّثَنَا قُتَيْبَةُ بْنُ سَعِيدٍ ، حَدَّثَنَا إِسْمَاعِيلُ بْنُ جَعْفَرٍ ، عَنْ الْعَلَاءِ بْنِ عَبْدِ الرَّحْمَنِ ، عَنْ أَبِيهِ ، عَنْ أَبِي هُرَيْرَةَ ، أَنّ رَسُولَ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ ، قَالَ : " اتَّقُوا اللَّاعِنَيْنِ ، قَالُوا : وَمَا اللَّاعِنَانِ يَا رَسُولَ اللَّهِ ؟ قَالَ : الَّذِي يَتَخَلَّى فِي طَرِيقِ النَّاسِ أَوْ ظِلِّهِمْ " . Urdu Translation ´ابوہریرہ رضی اللہ عنہ کہتے ہیں کہ` رسول اللہ  صلی اللہ علیہ وسلم  نے فرمایا:  ” تم لعنت کے دو کاموں سے بچو “ ، لوگوں نے پوچھا: اللہ کے رسول! لعنت کے وہ دو کام کیا ہیں؟ آپ  صلی اللہ علیہ وسلم  نے فرمایا:  ” وہ یہ ہیں کہ آدمی لوگوں کے راستے یا ان کے سائے کی جگہ میں پاخانہ کرے  ۱؎ “ ۔ English Translation Narrated Abu Hurairah: The Prophet ﷺ as saying: Be on your guard against two things which provoke cursing. They (the hearers) said: Prophet of Allaah ﷺ, what are these things which provoke cur...

King Salman tells Trump Saudi Arabia wants a fair solution to Palestinian issue

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CAIRO: Terming it as the main starting point of the kingdom's proposed Arab Peace Initiative, Saudi Arabia's King Salman told US President Donald Trump in a phone call on Sunday that the kingdom was eager to achieve a fair and permanent solution to the Palestinian issue, the state news agency reported. The leaders spoke by phone following the historic US-brokered accord last month under which the United Arab Emirates agreed to become the third Arab state to normalise ties with Israel after Egypt and Jordan. King Salman told Trump he appreciated US efforts to support peace and that Saudi Arabia wanted to see a fair and permanent solution to the Palestinian issue based on the Arab Peace Initiative proposed by the kingdom in 2002. Under the proposal, Arab nations have offered Israel normalised ties in return for a statehood deal with the Palestinians and full Israeli withdrawal from territory captured in the 1967 Middle East war. Read more: Pakistan will never recogni...

Problems of Purity - Hadith No. 24

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 Problems of Purity - Hadith No. 24 Hadith in Arabic حَدَّثَنَا مُحَمَّدُ بْنُ عِيسَى ، حَدَّثَنَا حَجَّاجٌ ، عَنْ ابْنِ جُرَيْجٍ ، عَنْ حُكَيْمَةَ بِنْتِ أُمَيْمَةَ بِنْتِ رُقَيْقَةَ ، عَنْ أُمِّهَا ، أَنَّهَا قَالَتْ : " كَانَ لِلنَّبِيِّ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ قَدَحٌ مِنْ عِيدَانٍ تَحْتَ سَرِيرِهِ يَبُولُ فِيهِ بِاللَّيْلِ " . Urdu Translation ´امیمہ بنت رقیقہ رضی اللہ عنہا کہتی ہیں کہ` نبی اکرم  صلی اللہ علیہ وسلم  کے لیے آپ کے تخت کے نیچے لکڑی کا ایک پیالہ  (رہتا)  تھا، جس میں آپ  صلی اللہ علیہ وسلم  رات کو پیشاب کرتے تھے۔ English Translation Narrated Umaymah daughter of Ruqayqah: The Prophet ﷺ had a wooden vessel under his bed in which he would urinate at night.

Bilawal hopes federal govt will join hands with Sindh to help out rain affectees

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KARACHI: PPP Chairman Bilawal Bhutto Zardari is addressing a news conference, talking about the situation of the province after the spell of recent torrential monsoon rains. The PPP chairman expressed the hope that Prime Minister Imran Khan will announce a comprehensive reconstruction and rehabilitation package for Karachi and Sindh. He said that after the coronavirus and locust attacks, the recent spell of torrential rains had made life difficult for the poor. The PPP chairman appreciated CM Sindh and the provincial government for working hard and providing relief to the people in areas such as DHA where he did not have "a legal and administrative role". "I know about the hopes and expectations of the people, we will try and work hard to match them," he said. Bilawal said that if the Centre matched the Rs800bn package for Karachi then it would solve the problems of the metropolis "to a great extent". He appreciated the federal government for...