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15 dead, over 60 injured in deadly bus crash near Chakwal

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  • Driver loses control of vehicle after brakes fail. 
  • Bus rams into three other vehicles on opposite track.
  • About 64 injured passengers shifted to hospital.

At least 15 people were killed in a fatal bus accident with over 60 others wounded near the Kallar Kahar area of Chakwal, Geo News reported on Monday.

As per the reports, the driver of the bus carrying a wedding party lost control of the vehicle after its brakes failed while en route to Lahore from Islamabad. 

Rescue officials said that the bus went off track and rammed into three different vehicles moving on the opposite track.

Chakwal Deputy Commissioner Qurat-ul-Ain said that the number of injured passengers was 64, including women and children, who were shifted to a hospital.

This was the second such incident in less than a month.

Prime Minister Shehbaz Sharif directed the authorities concerned to provide the best medical treatment to the injured.

Expressing deep grief over the loss of life, the prime minister prayed for the departed souls to rest in peace and for the early recovery of the injured.

Meanwhile, National Assembly Speaker Raja Pervaiz Ashraf and Deputy Speaker Zahid Akram Durrani expressed deep sorrow over the loss of lives.

The speaker and deputy speaker instructed the relevant authorities to provide the best treatment for the injured while praying for the departed souls.

41 killed, three injured in Lasbela bus crash

On January 29, at least 41 had been killed when a passenger bus careened into a ravine and caught fire near Chinki stop in the Bela area of the Lasbela district.

The accident had taken place in the wee hours of the day as the bus, en route Karachi from Quetta with at least 44 on board, met the accident.

As per the police, the cause of the accident was speeding as the bus had gone went out of the driver’s control.

Mansehra accident

In a similar incident earlier in January, a five-month-old child was killed while 16 other passengers sustained injuries when a Muzaffarabad-bound bus plunged into a ravine in the Batrasi area in Mansehra.

SHO Garhi Habibullah had said the police, with the help of Rescue 1122 personnel, shifted the injured to a nearby hospital where the condition of five was stated to be critical.

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Explanation: The increase in inflation in the United States would cause electricity costs in Pakistan to rise.

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Electricity contracts between Independent Power Plants (IPPs) and the federal government not only involve capacity costs, but also have a significant impact on the economy and the financial well-being of the population. These contracts are closely linked to the inflation rate and the value of the US dollar.

Startling disclosures have emerged regarding the exorbitant electricity tariffs in Pakistan. The Council of Economic and Energy Journalists Sage, representing the institute, provided a briefing to leading journalists in Karachi.

According to the information provided, the electricity rate component in Pakistan experienced a 253 percent increase from 2019 to 2024 as a result of inflation in America.

The data presented in the briefing indicates that the capacity charges in Pakistan were Rs3.26 per unit in 2019 and climbed to Rs10.34 per unit in 2024.

The capacity charges imposed on the public incorporate the effects of both US inflation and domestic inflation.

Due to the rise in the country’s interest rate, the interest payment for energy has climbed by 343% during a span of four years. Over the course of four years, the working capital of IPPs caused a 716 percent increase in the cost of power per unit.

The electricity rate has increased by 12 to 20 percent, with 70 percent of the charges being capacity charges.

SDPI experts recommended the government to adopt a centralised tariff policy rather than a universal electricity tariff strategy.

The power generation capacity amounts to 23,000 megawatts.

As a result of the increase in solar power generation in the country, the capacity charges will have an additional adverse impact on the residents.

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Business

Significant surge in the price of gold in Pakistan

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On Friday, the price of gold in Pakistan continued to increase.

According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-karat gold per tola has risen by Rs2,200, reaching Rs249,000.

The price of 10-gram 24-karat gold increased by Rs1,886, reaching a total of Rs213,477. On Thursday, the cost of 10 grammes of 22-karat gold was Rs195,687.

The global gold market likewise had a rising trajectory. As per APGJSA, the worldwide rate was $2,404 per ounce, showing a decline of $24 during the course of the trading day.

The local market witnessed constant silver prices at Rs2,900 per tola.

Market observers attribute the increase in gold prices to other variables, such as volatility in the global market, currency exchange rates, and economic conditions. The ongoing surge in gold prices is likely to impact investment choices and consumer behaviour in the near future.

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Court ruling: PTI to overtake all other parties in the National Assembly

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Eight independents and 84 Sunni Alliance members mean that the PTI will likely have 92 legislators in the National Assembly, according to sources.

PTI’s strength in the Lower House is expected to surge to 114 members if it regains the 22 reserved seats it previously lost.

As for the PML-N, they have 108 members in the National Assembly; PPP has 68; MQM has 21; JUI-F has 8; PML-Q has 5; and IPP has 4.

Following the Supreme Court’s ruling on the distribution of reserved seats, the 77 extra seats meant for women and minorities were taken away from the PML-N, PPP, MQM, and JUI.

The electoral commission had on May 13 suspended the 77 Sunni Ittehad Council reserved seats on directives from the Supreme Court. 22 National Assembly seats and 55 provincial assembly seats are among the contested seats.

There are eleven seats from Punjab and eight from Khyber Pakhtunkhwa in the National Assembly that are up for debate among women. The suspended seats also include three seats that are designated for minorities. In the National Assembly, the PPP received five seats, the JUI received three, and the PML-N received fourteen of the 22 heavily contested seats.

There are no longer any allocated seats for minorities or women in the Khyber Pakhtunkhwa Assembly, with 21 seats for women. In addition to the JUI-F, the PML-N was allotted seven seats, the PPP seven, and the ANP one.

The Supreme Court’s decision has suspended the three minority seats and the 24 reserved seats for women in the Punjab Assembly. The PML-N received 23, the PPP received 2, the PML-Q received 1, and the Istehkam-e-Pakistan Party received 1 in Punjab.

There are now no longer any designated seats in the Sindh Assembly for women and minorities. MQM was allotted one reserved seat out of these, and the PPP two.

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