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Govt hikes petrol price by Rs8, high-speed diesel by Rs5

The government on Saturday raised the price of petrol by Rs8 per litre and that of high-speed diesel (HSD) by Rs5.16 per litre for the next fortnight, according to a press release issued by the Petroleum Division. Following the increase, the price of petrol has jumped from Rs258.17 to Rs266.17 while the HSD price now stands at 280.86. According to the press release, the government has revised the petroleum products’ prices based on the Oil and Gas Regulatory Authority’s recommendations. The new prices are effective from March 1, the press release said. Petrol is mostly used in private transport, small vehicles, rickshaws and two-wheelers and has a direct bearing on the budget of the middle and lower-middle class. While the heavy transport sector runs on HSD, its price is considered inflationary as it is mostly used in heavy transport vehicles, trains and agricultural engines like trucks, buses, tractors, tube-wells and threshers, and particularly adds to the prices of vegetables a...
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PM chairs meeting on overall security situation in country, directs authorities to ensure strict measures

Prime Minister Shehbaz Sharif on Saturday directed all relevant institutions at the federal and provincial levels to immediately ensure comprehensive and effective security measures in view of the prevailing situation. The premier chaired a high-level review meeting in Lahore on the overall security situation in the country, according to the report. The development comes in the wake of Pakistan launching Operation Ghazab lil-Haq after the Afghan Taliban opened unprovoked fire on multiple locations across the border in Khyber Pakhtunkhwa on Thursday. PM Shehbaz emphasised that all institutions must discharge their responsibilities with mutual coordination and complete harmony. The participants of the meeting informed the prime minister that all security agencies were on alert in light of the current situation and that all necessary measures were being taken to safeguard national security. In view of the evolving situation in Iran, which was struck by US and Israel earlier in the d...
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Israeli strikes kill seven more Palestinians across Gaza

• Israel’s Supreme Court freezes ban on foreign aid organisations in enclave • US public sympathy shifts to Palestinians over Israel, new Gallup poll reveals CAIRO: Relentless Israeli attacks killed at least seven Palestinians in Gaza on Friday, medics said, adding to a death toll of at least 600 people killed by Israeli fire since a US-brokered ceasefire agreement came into effect last October. Gaza’s health officials reported that in southern Gaza, five people were killed and several others were injured, some critically, in Israeli drone strikes. The strikes targeted two police checkpoints in Khan Yunis and in the Abu Hujair area northwest of the Bureij refugee camp later in the day, medics said. Separately, an Israeli airstrike against a group of Palestinians in Gaza City’s Tuffah neighbourhood in northern Gaza killed two people and wounded several others. Ban on NGOs frozen Meanwhile, Israel’s Supreme Court decided in a ruling published on Friday to freeze a government ban o...
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With presidential ordinance set to lapse, Senate passes bill for regulating virtual assets

ISLAMABAD: The upper House of Parliament on Friday passed a bill for regulating virtual assets as well as the ‘establishment’ of the Pakistan Virtual Assets Regulatory Authority (PVARA) — a body already set up under an ordinance approved by the president in July last year. The development comes as the ordinance was set to lapse in early March. The rules were suspended in the Senate to take up the bill, which was moved by Finance Minister Muhammad Aurangzeb, for immediate consideration. The preamble of the bill, a copy of which is available with Dawn , stated that it was expedient to establish a dedicated virtual assets regulatory authority to licence, regulate and supervise virtual assets and virtual asset service providers to “ensure investor protection, transparency and market integrity in Pakistan”. It further stated that it was necessary to provide a comprehensive legal framework to empower the said authority to combat money laundering, terrorist financing, proliferation finan...
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Seven children die, 22 hurt in Chaman gas cylinder blast

• Explosion occurs in Killi Mahmoodabad on outskirts of border town • Children gathered at a tribal elder’s house to receive yoghurt after breaking their fast • President Zardari extends condolences to victims’ families QUETTA: Seven children aged between 8 and 14 years were killed and 22 others, including women and children, were injured when a gas cylinder exploded in a house in Chaman, a town on the Pak-Afghan border, on Thursday. Officials said the tragic incident occurred in Killi Mahmoodabad, a locality on the outskirts of the district headquarters, Chaman. According to police officials, children from neighbouring houses had gathered at the house of one of a tribal elder to receive yoghurt to eat after breaking their fast. Meanwhile, a powerful explosion occurred in the kitchen, rocking the border town. The blast blew off the roof of the kitchen and damaged other rooms of the house. The children waiting for yoghurt were buried under the debris. Rescue teams, along with poli...
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‘Long live Pakistan’: Politicians united in response to unprovoked Afghan Taliban aggression

Pakistan launched Operation Ghazab lil-Haq against the Afghan Taliban, after the neighbouring country opened unprovoked fire on multiple locations across the border in Khyber Pakhtunkhwa on Thursday. In response, leaders across the political spectrum were united in their stance, lauding the country’s armed forces and asserting that any aggression from Kabul would be responded to firmly. President Asif Ali Zardari said Pakistan will not compromise on peace and territorial integrity. “Our armed forces’ response is comprehensive and decisive. Those who mistake our peace for weakness will face a strong response — and no one will be beyond reach,” he warned. In a statement released by the Prime Minister’s Office, Prime Minister Shehbaz Sharif said the people and armed forces of Pakistan were always ready to protect the security, sovereignty and territorial integrity of the country. “There will be no compromise on the defence of the beloved homeland and every aggression will be met...
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IS-Khorasan a ‘bigger threat’, ‘more entrenched’ than TTP

WITHIN hours of the bombing of an Islamabad Imambargah on Feb 6, Pakistani intelligence and law enforcement zeroed in on a home in Hakimabad, Nowshera, 49km east of Peshawar. “It was a race against time. Sifting through technical data, establishing coordinates and isolating the target,” a senior security official said. “It didn’t take long before we knew the location.” By late evening, they had already laid siege to the residence, taken up position and called out those inside to come out, hands raised, and surrender. For a moment, there was no movement. But then, someone showed a raised hand from behind the door, indicating their willingness to surrender. Except that he didn’t. Aiming a 9mm gun straight at the security cordon, the lone gunman fired straight shots, hitting an assistant sub inspector of the police right in the chest, killing him on the spot, and injuring two intelligence officers. The exchange of fire didn’t last long, though. Within minutes, the gunman, said to b...
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