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Saturday, July 30th, 2022

 

Indus Motor hikes car prices amid rupee depreciation

Amid the Pakistani rupee’s constant devaluation against the US dollar and higher prices of raw materials, the Indus Motor Company (IMC) has raised the prices of locally manufactured variants of Corolla, Yaris, Fortuner, and Revo. The price changes came into effect on July 28, however, it should be noted that booking for all cars has been put on hold by the company as it has decided to temporarily shut down its auto production plant from August 1-13 due to hardships in importing raw materials. The new prices are as follows:Read More


PM visits Jacobabad, Jhal Magsi, reviews devastation caused by floods

JACOBABAD, JUL 30 – Prime Minister Shehbaz Sharif on Saturday visited Jacobabad and Jhal Magsi to review devastation caused by floods in the area. During the visit, the prime minister was briefed on the flood situation by Balochistan Chief Secretary and the National Disaster Management Authority (NDMA) chairman. PM Shehbaz also reviewed devastation caused by the floods and rehabilitation measures for the victims. A few days back, the prime minister also chaired a detailed meeting over the rescue, relief and rehabilitation measures in the flood-affected areas. The meeting was apprisedRead More


“SCO Summer” Gala Week offers endless opportunities for Pakistani youth

BEIJING, Jul 30 (DNA): “The Shanghai Cooperation Organization (SCO) offers immense opportunities to young people in Pakistan, where people aged 18-35 make up a significant proportion of the population.  It will help the country fully tap its youth dividend,” said Dr. Awais Zafar, an official of Pakistani Embassy in China at the opening ceremony of the “SCO Summer” Youth Gala Week held in Jiaozhou, Qingdao City, China. He told Gwadar Pro reporter, “The event is very well organized and makes us feel the friendliness and hospitality of Chinese organizers. ItRead More


Webinar held to facilitate Pakistan’s gemstone export to China

BEIJING, Jul 30 (DNA): A webinar was held to facilitate Pakistan’s gemstone export to China, Gwadar Pro reported on Saturday.“Pakistan is home to a wide range of minerals, including unrivalled grade rubies, emeralds, topaz, aquamarine, fluorite, and lazuli mined in the valleys of Gilgit, Hunza, Swat, Azad Kashmir, and Chitral. There are great opportunities in the gemstone business and Chinese investors could invest in it to gain higher profits.” Muhammad Fayyaz Qureshi, Senior Vice Chairman of Pakistan Gems, Jewellers, Traders and Exporters Association (PGJTEA) said at the webinar organized by Pakistan’sRead More


PAF relief operation continues in flood affected areas of Balochistan

DNA ISLAMABAD, JUL 30: On the special instructions of Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force, PAF personnel and helicopter fleet are actively engaged in providing humanitarian assistance and disaster relief support to the people stranded in flash floods affected areas of Balochistan. PAF helicopters have distributed 4200 kgs ration comprising flour, ghee, sugar, daal, tea in the calamity hit areas during the last two days. Additionally, several families have been evacuated from land locked areas to safer place. Relief operation inRead More


Court summons PM Shehbaz, Hamza on Sept 7 for indictment in Rs16bn money laundering case

ISLAMABAD, JUL 30: A special court in Lahore on Saturday summoned Prime Minister Shehbaz Sharif and his son Hamza Shehbaz on September 7 for the framing of charges in a Rs16 billion money laundering case registered against them by the Federal Investigation Agency (FIA). They have already been granted pre-arrest bails in the case. During the hearing today, Shehbaz and Hamza’s lawyers submitted requests for a one-time exemption on their behalf. Shehbaz’s lawyer Amjad Pervaiz informed the court that the premier had been advised against travelling as he was not well. “The weather wasRead More