Islamabad, Aug 7: Federal Minister for Power Awais Leghari has stated that for the next two months, new power incentive packages will be introduced by the federal government.Two of the programs, the “Winter Months Package” and the “All Year Incentivized Package,” are designed to increase industrial energy usage and alleviate existing power shortages. In an effort to improve industrial efficiency, the government is also looking at how much electricity is consumed at night in order to offer lower prices during off-peak hours. Notably, Rs. 60 billion has been set aside for automated transformers, which would enable selective shutdowns rather than…
Author: Iqra Khan
Islamabad, Aug 7: Foreign Office spokesperson Mumtaz Zahra Baloch responded to questions about media reports of a possible Pakistani national’s involvement in an abortive assassination attempt in the United States by saying they were in contact with the Washington authorities and awaiting more information. Mumtaz Zahra Baloch, a FO spokesperson, stated in a statement: “We have noticed the media reports. We are awaiting more information and are in contact with US authorities.The spokeswoman stated that they had taken note of US officials’ claims that the probe is still ongoing. “We also need to be certain of the individual in question’s…
Islamabad, Aug 7: Sheikh Hasina once stated, pointing to the IGP, “They [the police] are doing well.” Then, the IGP stated, “Even the police will be unable to maintain such a strict stance going forward due to the current state of affairs.” The senior officials made an effort to convey to her that using force to control the situation would no longer be feasible. Sheikh Hasina, though, would not have it. Then, in a different room, the officials talked with Sheikh Rehana. They gave her an explanation of the circumstances and urged her to persuade Sheikh Hasina. Then Sheikh Rehana…
Islamabad, Aug 6: Chief Justice of Pakistan Justice Qazi Faez Isa and his family has announced to celebrate the 77th Independence Day of Pakistan by gifting 31,680 square feet of land from his ancestral property to Balochistan government for establishment of an Environmental Centre. A letter, duly signed by the chief justice of Pakistan and his family member Qazi Azmat Isa, reads as “We own land measuring 31,680 square feet which lies adjacent to the Quaid-e-Azam’s Residency in Ziarat (‘the Land) which we want to donate free of charge for public purpose and use as an environmental centre, which would…
Islamabad, Aug 6: The inflow of remittances under Roshan Digital Account (RDA) has risen to US $8.255 billion by the end of June 2024 as compared to US $8.055 billion by May (2024) end, according to the latest data released by the State Bank of Pakistan (SBP). The data showed that the inflows of remittances during June were recorded at US$ 200 million as compared to US$ 225 million in May and US$ 171 million in April 2024.These accounts provide innovative banking solutions to millions of Non-Resident Pakistanis (NRPs), including Non-Resident Pakistan Origin Card (POC) holders, seeking to undertake banking,…
Islamabad, Aug 6: COVID-19 infections are surging worldwide including at the Paris Olympics and are unlikely to decline anytime soon, the World Health Organization (WHO) warned Tuesday.The UN health agency is also concerned that more severe variants of the coronavirus may soon be on the horizon. “COVID-19 is still very much with us,” and circulating in all countries, Dr. Maria Van Kerkhove of WHO, told journalists in Geneva.“Data from our sentinel-based surveillance system across 84 countries reports that the percent of positive tests for SARS-CoV-2 has been rising over several weeks,” she said. “Overall, test positivity is above 10 per…
Islamabad, Aug 6: A series of production problems that impacted automakers’ sales and earnings were caused by low inventories, a disrupted supply chain, and a shortage of parts and components. And once more, the issue is interfering with the production schedule. Another manufacturing stoppage has been declared by Toyota Indus Motors Company, with operations set to resume on August 6, 2024, and end on August 8, 2024 (inclusive). Prior to this, the business shut down its manufacturing facility from July 5, 2024, to July 22, 2024. The local automaker notified Pakistan Stock Exchange (PSX) that there are severe shortages of…
Islamabad, Aug 6: Mobilink Bank, which is committed to encouraging environmental change, has announced the introduction of E-Bike loans. A Memorandum of Understanding (MoU) was signed by this initiative, which aims to provide people with accessible and environmentally friendly transportation options, and PakZon Electric Motors (Pvt) Ltd., the top producer of electric bikes in Pakistan. All of the Bank’s customers will receive special benefits through this offer, which include a one-year battery warranty for two-, three-, and four-wheelers, three free checks at PakZon 3S shops, and a 6% discount on E-bikes bought through PakZon dealerships. These perks are meant to…
Islamabad, Aug 6: First Information Reports (FIRs) were filed on Monday by the Rawalpindi Development Authority (RDA) against representatives of two unlawful housing plans on GT Road in Gujar Khan.Team members from Mega City/Iqbal City and New Metro City were the targets of formal complaints for their unauthorized advertising through Ms. GK Mega City Developers and Ms. BSM Developers, respectively. Legal action is being taken against illegal ads and marketing of unlicensed housing developments, according to a representative for the RDA. The owners of these schemes are served notices to stop advertising before filing formal complaints, but they don’t follow…
Islamabad, Aug 6: Five-member delegation of University of Agriculture Faisalabad (UAF) visited the Washington State University (WSU) in order to further strengthen collaborations between the two universities. UAF spokesman said here on Tuesday that the delegation comprised of Chairman Plant Breeding & Genetics Prof Dr. Azeem Iqbal Khan, Director-Planning & Development Irfan Abbas, Associate Professor of Department of Plant Breeding & Genetics Dr. Rizwana Maqbool, Research Officer Dr. Ahmad Waqas and Arif Rehman, the Chief Food and Agriculture Section, Ministry of Planning, Development and Special Initiatives. During the wrap-up meeting with WSU International Office, UAF Vice Chancellor Prof. Dr. Iqrar…
