Islamabad, Aug 25: Two well-known Chinese businesses have declared their intention to open facilities in Pakistan; one will operate as a lone enterprise, and the other will collaborate with a local business to produce raw materials for the textile sector. It was anticipated that both businesses would contribute millions of dollars to each project in order to produce inexpensive raw materials for the regional industry. Napa Chemicals and Shao Shing Chemicals have announced plans to invest in Punjab, according to Abdul Rahim Chughtai, the president of the Punjab Dyes and Chemicals Merchants Association and the organizer of the 9th Colour…
Author: Iqra Khan
Islamabad, Aug 25: In order to further explore bilateral and multilateral cooperation in various economic sectors, Pakistan and Azerbaijan have held a meeting at the latter’s residence on Sunday. During the meeting, issues of mutual interest were deliberated, including bilateral relations and the general situation of the region. Meanwhile, the Deputy Chairman Senate stated that Pakistan cherishes its fraternal relations with Azerbaijan and that more cooperation between the two nations is required in the areas of economic and trade, investment, energy, defense, agriculture, and natural resources. According to the Deputy Chairman of the Senate, removing the current barriers to commerce…
Islamabad, Aug 25: The Bangladesh cricket team defeated the Shan Masood-led Pakistan squad in the Rawalpindi Test, with the latter’s batting order breaking down and failing to muster a respectable total in the second half of the match. Bangladesh was within striking distance of victory as the rest of the batting order collapsed like a “wall of sand,” with the exception of Mohammad Rizwan, who remained steady. Babar Azam went out for 22 while Abdullah Shafiq scored 37 runs. Only 14 runs could be scored by Captain Shan Masood before he was sent back to the pavilion. Pakistan’s problems were…
Islamabad, Aug 25: Pavel Durov, the creator and CEO of the messaging app Telegram and a Russian-French millionaire, was detained on Saturday night at the Bourget airport south of Paris, according to TF1 TV and BFM TV, who cited unnamed sources, According to TF1’s website, Durov was traveling in his private plane. It also stated that he was the subject of a French arrest warrant as part of an initial police probe. According to TF1 and BFM, the police believed that the absence of moderators on Telegram allowed illegal conduct to continue unchecked, and this was the main focus of…
Islamabad, Aug 25: The Provincial Disaster Management Authority’s (PDMA) Director General reports that the possibility of urban floods has put major city administrations on high alert. A strong system set to approach the state tomorrow evening, Punjab is predicted to experience monsoon rains starting today and lasting until August 29. Particularly at risk are Punjabi cities like Lahore, Faisalabad, Rawalpindi, and Gujranwala. Furthermore, the divisions of Dera Ghazi Khan, Multan, and Bahawalpur are at high risk of flash floods. Administrations throughout the province have received an alert advising them to get ready for the possible impact of heavy rains.
Islamabad, Aug 25: State-owned firms are obligated by the Federal Board of Revenue (FBR) to utilize alternate dispute resolution committees (ADRCs) to settle any tax-related problems with the FBR. An SRO.1290 (l) 2024 was released by the FBR on Saturday to alter the Income Tax Rules of 2002. The definition of “State-owned enterprise” under the amended ADRC regulations is the same as it is in the State-Owned Enterprises (Governance and Operations) Act, 2023. This provision will apply to any dispute involving a state-owned firm, regardless of the amount of tax due. If the state-owned enterprise feels that it has been…
Islamabad, Aug 25: The assistance of railway police and train workers, Pakistan Railways has conducted a crackdown on ticketless passengers during the last seven months, collecting a total of Rs.79.2 million. According to Ministry officials who spoke to media, “about 61,352 passengers were found traveling without tickets in various trains and the said amount was collected from them, which is deposited in the official bank account of the department.” They added that such crackdowns had been happening on a regular basis and that Pakistan Railways had not been the first to carry out a large-scale operation against people traveling without…
Islamabad, Aug 25: In order to address the impending difficulty, the municipal administration of Karachi has declared a “rain emergency” for all local government institutions as they prepare for heavy showers starting on Monday due to a new weather system. A weather system that was forming in West Bengal was expected to bring with it heavy rains, according to a forecast from the Met Office. The system was also expected to proceed westward over the following several days. From Monday through Thursday, significant rainfall and urban flooding are anticipated as a result of it. City Mayor Murtaza Wahab urged all…
Islamabad, Aug 25: Famous Urdu poet Ahmed Faraz’s enduring legacy was honored on Sunday, the 16th anniversary of his passing, as admirers and fellow poets paid moving tribute to his enormous contribution to literature via various media platforms. PTV news channel said that while the literary community laments the passing of this creative talent, his followers are honoring his legacy and remembering how his stirring and potent poetry influenced Urdu language. On January 12, 1931, Ahmad Faraz was born in Kohat. Syed Ahmad Shah was Ahmad Faraz’s true name. He began his work with Radio Pakistan Peshawar as a scriptwriter…
Islamabad, Aug 25: In an effort to fortify the nation’s energy infrastructure, Pakistan has initiated its first-ever low-carbon energy storage project. The Prime Minister’s Coordinator on Climate Change, Romina Khurshid Alam, was present at the project’s introduction event held in the federal capital. Alam stressed that Pakistan has made significant progress with the novel “Energy Storage as a Service” (ESaaS) model, which enables energy storage to be provided as a service rather than as an expensive investment. It is anticipated that this strategy will reduce the burden on businesses and promote the adoption of sustainable practices by improving the accessibility…
