Author: Mawadat Fatima

Islamabad, Oct 17: AIOU Extends Admission Deadline for Autumn Semester 2024 to November 5 The second round of the Autumn 2024 semester’s admissions deadline has been extended by Lama Iqbal Open University (AIOU) to November 5. Syed Zia-ul-Hasnain Naqvi, Director of Admissions, states that new applicants may submit their applications till November 5th, subject to a late fee. October 15 was the prior deadline. Current students have until October 22 to enroll. Associate degree, BS, BBA, B.Ed., and Post-Graduate Diploma programs are included in this phase. The university’s website has admission forms and prospectuses. AIOU’s teaching concept, “Education at People’s…

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Islamabad, Oct 17: Karachi University Students Protest Fee Hikes and Poor Campus Facilities Karachi University Students Protest Fee Hikes for the seventh day, calling for a partial boycott of classes in response to fee increases and inadequate facilities. T he university’s student union organized the protests, which got their start near the Administrative Block and have received a lot of support from several departments and student organizations. The university’s administrative offices, canteens, and departmental operations—all of which are still partially closed—have been disrupted. Additionally, because students are obstructing company operations, transportation services on campus have been suspended. The key demands…

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Islamabad, Oct 17: Govt School Teachers to be Sent Abroad for Training to Improve Educational Standards It has been reported that hundreds of government school instructors will receive their training elsewhere. For training, teachers will be dispatched to England, Europe, and the US. Teachers will take an exam administered by the Program Monitoring and Implementation Unit (PMIU), and those who succeed will be chosen to receive training abroad. The PMIU will create an internet application especially for this purpose, which will be used to administer the teachers’ test. The app will be downloaded by teachers from Google Play. This month,…

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Islamabad, Oct 17: IBCC Replaces Marking System with New Grading Formula for Matric and Inter Students For matric and intermediate exams, the Inter-Boards Coordination Commission (IBCC) has substituted a grading formula for the previous marking method. This new approach will be used initially for exams administered by the boards of Sindh, Balochistan, Azad Kashmir, and Gilgit-Baltistan, as well as the Federal Board of Intermediate and Secondary Education (FBISE). The following three years will see the gradual implementation of the grading system. The IBCC Replaces Marking System new grading scheme for the Secondary School Certificate (SSC) and Higher Secondary School Certificate…

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Islamabad, Oct 17: Metro Bus Service Suspension Extended in Islamabad and Rawalpindi The Office of the District Magistrate, Islamabad Capital Territory (ICT), has declared that Metro Bus services, including all feeder lines, will remain suspended. This choice is a component of the safety protocols put in place for the ongoing Shanghai Cooperation Organization (SCO) meeting. The notification, which is sent to the Director of Metro Bus (BRT), explains that the current security situation surrounding the summit is the reason for the suspension. The message highlights that, effective on the designated date, all Metro Bus routes will be closed, and that…

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Islamabad, Oct 17: IMF Advises Pakistan to Spend 1% of its GDP Against Climate Shocks The International Monetary Fund (IMF) has recommended that Pakistan allocate 1% of its GDP annually to safeguard against climate-related risks, such as extreme weather events. In a report addressing specific issues within the country, the IMF suggested that this funding would be directed toward climate adaptation infrastructure, while maintaining the current levels of public investment. Around 40% of this additional spending would be financed through concessional loans, with the remainder covered by domestic borrowing, aligning with Pakistan’s existing debt framework. The IMF highlighted that adaptation…

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Islamabad, Oct 17: E Turbo Motors Electric Bikes Launch in Pakistan with Long-Range Capabilities E Turbo Motors has introduced a range of electric motorcycles that can travel up to 300 km on a single charge. In line with the vision of a Green Pakistan, the company established a manufacturing facility with an initial production capacity of 10,000 units per annum, backed by an investment of Rs. 500 million in the SITE area. Senior Minister Sindh, Sharjeel Inam Memon, expressed his best wishes, noting that this initiative is a vital step toward fulfilling Pakistan’s green energy ambitions. This project will not…

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Islamabad, Oct 17: Bank Alfalah’s 9-Month Profit Rises 23.5%. The Board of Directors of Bank Alfalah Limited, in its meeting held on October 17, 2024, approved the financial results for the nine-month period ending September 30, 2024. Bank Alfalah reported a profit after tax of Rs. 33.643 billion, reflecting a 23.5% improvement compared to the same period last year (SPLY). This translates into an Earning Per Share (EPS) of Rs. 21.33. The Bank’s profit before tax stood at Rs. 66.482 billion, driven by a 76.4% growth in non-funded income, supported by higher net interest income and lower provisions. The Board…

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Islamabad, Oct 17: The requirement for an affidavit from the CFO by the FBR should be deferred, as buyers do not have access to the multi-tier supply chain. They can only verify the supplier’s status through the FBR system to check if the supplier is on the ATL. Holding buyers responsible for the entire supply chain is illogical. The government should focus on creating a conducive business environment that increases trade volumes and, accordingly, enhances tax collection. We do not support any wrongdoing and strongly encourage strict compliance with tax policies. However, the government must devise a strategy that restores…

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Islamabad, Oct 17: Pakistan Cricket Board (PCB) has targeted Iftikhar Ahmed, and penalized by PCB due to its disciplinary arrow during the current Presidents Cup..  They listed Iftikhar for captaining a WAPDA team as guilty of a level 1 violation of the PCB Code of Conduct. For Players and Player Support Personnel for dissenting an umpire following a refused leg-before-wicket decision during his team’s bowling line-up. The unfortunate event occurred during the WAPDA first semi-final of the President’s Cup One-Day 2024-25 at Jinnah Stadium. Gujranwala against the Sui Northern Gas Pipelines Limited (SNGPL) on Sunday. Umpire Asif and Zulfiqar Jan…

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