The Pakistan Credit grade Agency (PACRA) has assigned JS Bank, a distinguished financial institution known for its commitment to quality and innovation, a “AA” grade. This esteemed grade is a result of JS Bank’s solid risk management procedures, excellent financial performance, and dedication to excellence in the banking industry. The “AA” rating from PACRA denotes excellent credit quality and attests to JS Bank’s robust financial standing. It also highlights the bank’s conservative financial practices, strong capitalization, and strategic insight. “Our rating upgrade to ‘AA’ from PACRA is an honor that reflects the relentless dedication of our team,” stated Basir Shamsie,…
Author: Iqra Khan
WhatsApp debuted the Events feature for its brand-new Communities feature in May.Additionally, the business pledged to introduce Events to regular groups “in the coming months.”According to a report from WABetaInfo, certain Android users in the WhatsApp beta program (version 2.24.14.9) can already create Events in their chats, even though there isn’t an official launch date yet. A snapshot of the Events function, which is available in ordinary, non-Community groups, was provided in the report. In group chats, WhatsApp has introduced a new “Event” button beneath the paperclip button for attachments. This allows users to make invitations for events such as…
The National Emergencies Operation Center (NEOC) of the NDMA has reported a substantial activity from the eastern Indian side, indicating severe cloud bursts that may affect Pakistani territories, based on predictive modeling. The National Disaster Management Authority (NDMA) stated in a news release that “repeated early warnings have been shared with all provinces, and moderate to heavy rainfall is likely to start over the upper catchments of all major rivers, particularly Sutlej, Ravi & Chenab from July 2, 2024.”Additionally, the NDMA released a lightning advisory predicting that during the week of July 5–7, lightning was predicted to impact several cities…
From July 2 to 6, Chinese President Xi Jinping will attend the 24th Meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) in Astana, Chinese foreign ministry spokesperson Hua Chunying said. The Chinese President will also pay state visits to Kazakhstan and Tajikistan at the invitation of President Kassym-Jomart Tokayev of the Republic of Kazakhstan and President Emomali Rahmon of the Republic of Tajikistan, she said in a statement issued here.
The Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja, came to Beijing on Monday to attend the Global Digital Economy Conference (GDEC) 2024, which is being held from July 2–5, in the Chinese capital. FU HaiFeng, Director of Beijing BIIT’s Digital Economy Development Center, Bilal Mahmood Chaudhary, Deputy Head of Mission, and other senior representatives of the Pakistani Embassy met the minister upon his arrival at Beijing Capital International Airport.The state minister will meet representatives of Pakistani tech enterprises by visiting their booths. Along with attending and participating in the panel discussions at the “Euro Asia Pakistan…
Allama Iqbal International Airport in Lahore will be closed for three hours every day during the monsoon season, according to a statement released by the Civil Aviation Authority (CAA). Because of the increased risk of birds at this time, both runways will be closed from 5:00 am to 8:00 am from July 10 to September 10 in order to protect passenger and aircraft safety.All domestic and foreign airlines have received notification of this timetable from the CAA. In an emergency, emergency landing facilities will still be accessible. An earlier update on the Wildlife Hazard Management Plan’s development was given by…
Based on their outstanding achievements, ProSports has selected their T20 World Cup team of the competition, which includes a strong group of players.Six Indian players, including skipper Rohit Sharma, Hardik Pandya, Kuldeep Yadav, Suryakumar Yadav, Axar Patel, and the tournament’s best player, Jasprit Bumrah, dominate the roster and have earned their places. Arshdeep Singh has been called up to the team as the 12th member, giving it further depth. Three of the team’s elite players are from Afghanistan. The post of wicketkeeper-batter is filled by Rahmanullah Gurbaz. The outstanding Afghan three, which has excelled all over the world, is completed…
The National Assembly on Friday approved the budget for the coming fiscal year was passed ,it imposed taxes on all potential sources of income, assets, and consumables, forcing citizens to pay an extra Rs1.7 trillion in taxes to fund a government budget that is 30% larger than it needs to be. About Rs200 billion in new taxes were implemented on Friday as part of the Rs1.7 trillion in additional revenue initiatives. This was the first mini-budget before the fiscal year 2024–25 began. The government of Prime Minister Shehbaz Sharif exempted the income tax on sales of properties by serving and retired…
There has been a lot of indignation after a video of Sahil Adeem and Khalilur Rehman acting inappropriately with a woman at a private TV event went public. The woman brought up the issue by asking Sahil Adeem to retract his infamous statement that 95% of women lack literacy. Khalilur Rehman appeared to be very displeased with the show’s host during the contentious argument that followed this demand. The woman demanded an apology from Sahil Adeem for his derogatory statements about women during the presentation. Adeem avoided answering her worries by challenging her interpretation of the term “Taghut,” which he…
Minister for Finance and Revenue, Senator Muhammad Aurangzeb said on Sunday that the measures introduced by the incumbent government have led to a significant improvement in the economy, which will be translated into sustainable growth and development. Addressing a press conference, the minister said that macroeconomic indicators observed resilience during the fiscal year ending on June 30, 2024, adding it was a prerequisite for achieving sustainable economic growth and development as well as for social prosperity. During the period under review, the minister said that the foreign exchange reserves of the country reached $9 billion, and the inflation rate came…
