‘Cold or hot start’, Pakistan Army is ready for anything: General Raheel Sharif

10:50 PM | 6 Sep, 2016
‘Cold or hot start’, Pakistan Army is ready for anything: General Raheel Sharif
RAWALPINDI- In a direct response to his Indian counterpart’s threat of a short war, Army Chief Gen Raheel Sharif has said Pakistan Army is fully ready to thwart any external aggression.

“If the enemy ever resorts to any misadventure, regardless of its size and scale - short or long - it will have to pay an unbearable cost,” Gen Sharif said at a grand ceremony held at the General Headquarters (GHQ) to commemorate 50 years of the 1965 war with India.

In his address, the army chief touched upon all issues of concern to the military - terrorism, Karachi, the peace process in Afghanistan that it has been facilitating, and the China-Pakistan Economic Corridor. But the primary focus remained on the threat from India, something which he mentioned on two separate occasions during his 11-minute speech.

Gen Sharif’s curt comments came against the backdrop of Indian Army Chief General Dalbir Singh Suhag’s remarks earlier this week, where he said his troops were ready for the “swift, short nature of future wars”. Indian Army’s 2 ‘Kharga’ Strike Corps had, in April, also carried out large scale war games codenamed ‘Brahmashira’ to rehearse “swift multiple offensives”.

The increasing ceasefire violations by India along the Line of Control (LoC) and the Working Boundary, where some 20 Pakistanis have been killed over the past three months, reinforced fears in Pakistan that India was planning a brief incursion.

‘Cold Start or Hot Start’

Gen Sharif, while seemingly calling India’s bluff, said: “[The] armed forces of Pakistan are fully capable of dealing with all types of internal and external threats, may it be conventional or sub-conventional; whether it is cold start or hot start. We are ready!”

He said his army was among “the most battle hardened armies of the world, which has no parallels”. He went on to say that despite the ups and downs witnessed by the country over the past 50 years, it was much stronger now.

The army chief also emphasized the resolution of the longstanding Kashmir issue, which he described as an “unfinished agenda of partition” and warned against putting it on the backburner.

Defence Minister Khawaja Asif and federal Information Minister Pervaiz Rashid were also present in the ceremony.

The army chief also offered prayers and laid a wreath at the Shuhada monument to remember their sacrifices for the nation.


Rupee falls below 290 against US dollar in interbank market

KARACHI – The Pakistani rupee on Tuesday continued its ascent, trading at less than Rs290 against the US dollar in the morning interbank market, primarily due to stringent measures in the financial sector.

The US dollar was valued at Rs289.78 around 9:48 am, as reported by the Forex Association of Pakistan, marking a decrease of Rs1.18 from the previous day’s closing rate of Rs290.86.

This ongoing rise in the value of the rupee follows the crackdown on illegal dollar trading initiated earlier this month, with strong support from the military.

In the open market, the rupee also made gains against the dollar, trading at Rs292 compared to the previous day’s rate of Rs293, according to the Exchange Companies Association of Pakistan.

Saad Bin Naseer, the director of the financial services platform Mettis Global, noted that this marked the 16th consecutive day of appreciation for the PKR, amounting to nearly a 6% increase.

Naseer attributed this surge primarily to administrative measures, stating that it seems the government’s crackdown on speculative elements contributing to rupee depreciation is having an effect.

He also suggested that if this trend persists and the Afghan border remains closed, the rupee could continue to appreciate in the future. However, he emphasized the importance of attracting foreign direct investment (FDI) into export-oriented sectors for long-term stability.

Gold Rate in Pakistan Today – September 26, 2023

Today Gold Rate in Pakistan

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 210,100 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs180,130.

Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 26 September 2023

City Gold Silver
Lahore PKR 210,100 PKR 2,587
Karachi PKR 210,100 PKR 2,587
Islamabad PKR 210,100 PKR 2,587
Peshawar PKR 210,100 PKR 2,587
Quetta PKR 210,100 PKR 2,587
Sialkot PKR 210,100 PKR 2,587
Attock PKR 210,100 PKR 2,587
Gujranwala PKR 210,100 PKR 2,587
Jehlum PKR 210,100 PKR 2,587
Multan PKR 210,100 PKR 2,587
Bahawalpur PKR 210,100 PKR 2,587
Gujrat PKR 210,100 PKR 2,587
Nawabshah PKR 210,100 PKR 2,587
Chakwal PKR 210,100 PKR 2,587
Hyderabad PKR 210,100 PKR 2,587
Nowshehra PKR 210,100 PKR 2,587
Sargodha PKR 210,100 PKR 2,587
Faisalabad PKR 210,100 PKR 2,587
Mirpur PKR 210,100 PKR 2,587


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