Islamabad, JULY 31: Indus Motor Company Limited (PSX: INDU), the automaker, notified the primary stock exchange on Tuesday that it has started exporting some of its vehicles to other Toyota-affiliated businesses. An export ceremony is being held by IMC to mark this significant occasion. This event demonstrates our commitment to broadening our commercial horizons and strengthening Pakistan’s position in the global market,” the company stated in a stock filing.Even while this project is a big step forward for IMC, it’s crucial to remember that there aren’t many immediate financial advantages to this export operation. “The effect on our business as…
Author: Iqra Khan
Islamabad, JULY 31: At the Federal Board of Intermediate and Secondary Education, a fresh scandal has surfaced concerning the handling of Higher Secondary School Certificates (HSSC) answer sheets (FBISE). Board sources claim that fresh answer sheets for some HSSC questions were discovered during a recent scanning procedure. This is a worrying issue, especially because the HSSC annual findings are coming up the next month. The sources also mentioned that the answer sheets have QR codes on each page, which the IT system used to identify the replacements during processing. There are claims that 62 answer papers were switched out, however…
Islamabad, JULY 31: A new United Nations Security Council report has underscored the grave threat to Pakistan’s security posed by the Tehrik-e-Taliban Pakistan (TTP), saying there is an increased collaboration between the TTP and Afghan Taliban in the cross-border terrorist attacks mainly against Pakistani military posts. “With Taliban acquiescence, and at times support, TTP has intensified attacks inside Pakistan primarily targeting military installations,” said the report from the Council’s Analytical Support and Sanctions Monitoring Team concerning ISIL (Da’esh), Al-Qaeda and associate groups, pointing out that Pakistan suffered more than 800 attacks in the past several months. “TTP camps with Al-Qaeda…
Islamabad, JULY 31: The playwright Khalilur Rehman Qamar was the victim of a honey trapping gang, and on Tuesday, police detained the group’s purported leader. Under the condition of anonymity, a top official informed the media that Hassan Shah and his accomplice, Rafiq, had been apprehended in Peshawar and taken to Lahore for further examination. Amna Arooj was one of the twelve gang members who the police had earlier detained on July 21. On Tuesday, a video tape purportedly featuring Qamar with a lady went viral on social media, dramatically changing the course of the case. According to a police…
Islamabad, JULY 31: Sardar Kamal, an actor for stage, television, and film, died on Tuesday. He was brought to the Punjab Institute of Cardiology after suffering a heart attack, but he did not have a chance of survival. He would be buried in Faisalabad, the place of his birth. Sardar Kamal, also known as Muhammad Sardar, was born in Faisalabad. He never received any formal schooling above the elementary school level. Before turning to stand-up comedy, he had a job in a textile mill. He began his acting career in theater. He performed in Urdu films such as Diwane Tere…
Islamabad, JULY 31: Prime Minister Shehbaz Sharif on Wednesday paid tribute to Madr-e-Millat Mohtarma Fatima Jinnah on her birth anniversary, lauding her significant contributions during the Independence Movement and for promoting democracy. “While celebrating Madr-e-Millat Mohtarma Fatima Jinnah’s birth anniversary, we reflect on her significant contributions alongside our esteemed founder, Quaid-i-Azam Muhammad Ali Jinnah, during the struggle for independence,” the prime minister wrote on his X timeline. He said that late Fatima Jinnah’s commitment to promoting democracy was both remarkable and inspirational.“She remains a respected and beloved role model for all Pakistanis, embodying the spirit of resilience and dedication. The…
Islamabad, JULY29: An innovative operator in the clean energy space, Triton Electric Vehicle LLC, has unveiled a novel internal combustion engine (ICE) that runs on hydrogen. Given that Triton EV also creates EVs, this innovation puts the company in an intriguing position and has the potential to transform environmentally friendly transportation. The corporation has significant research and production facilities in India, and its headquarters are in Cherry Hill, New Jersey. The new internal combustion engine (ICE) from Triton EV runs on hydrogen, an inexpensive and clean fuel that produces no emissions in contrast to standard gasoline engines that release harmful…
Islamabad, JULY29: To assist in the restoration of homes and community facilities in Pakistan’s Sindh province, the Asian Development Bank (ADB) has approved a USD 400 million concessional loan. According to the specifics, the objectives of the Sindh Emergency Housing Reconstruction Project are to repair homes damaged by flooding, assist with the recovery of livelihoods, and improve community resilience to climate change. This program is a part of ADB’s larger, USD 1.5 billion flood recovery assistance to Pakistan, which will be provided between 2023 and 2025. Of the housing destruction, Sindh province (which suffered 83% of it) will rebuild 250,000…
Islamabad, JULY29: A new waste tax that will be imposed on all residential and commercial buildings in the state has been authorized by the Punjab administration. According to specifics, the new policy states that this tax will apply to individuals, corporations, and even people living in informal settlements (kachi abadis). The monthly waste tax in rural areas will look like this: Five marla house owners will pay Rs. 200. Households with between 10 marla and 1 kanal will have to pay 400 rupees. New fees will also apply to rural businesses: Small stores will pay a monthly fee of Rs.…
Islamabad, JULY29: The Asian Development Bank (ADB) has authorized a USD 400 million concessional loan to support the rebuilding of 250,000 homes and community infrastructure in Sindh, Pakistan. According to specifics, this money is a component of ADB’s larger USD 1.5 billion commitment made between 2023 and 2025 to expedite Pakistan’s recovery from flooding. The Sindh Emergency Housing Reconstruction Project seeks to improve community resilience against climate change, accelerate livelihood recovery, and restore homes and infrastructure devastated by flooding. This is a critical project for Sindh, which suffered 83% of the flood-related building damage, resulting in almost 2.1 million damaged…
