June 2023 - Page 29 of 46

Rohail Asghar calls on PM Shehbaz in Islamabad

Posted June 12, 2023 by Web Desk

Advisor to the Prime Minister Sheikh Rohail Asghar called on Prime Minister Shehbaz Sharif in Islamabad on Monday.The Advisor paid tribute to Shehbaz Sharif for the people-friendly initiatives in the Budget 2023-24.Matters pertaining to the overall political situation were discussed during the meeting.Source: Radio Pakistan

Ahsan Iqbal underscores need for modernizing education system

Posted June 12, 2023 by Web Desk

Minister for Planning and Development Ahsan Iqbal has underscored the need for modernizing the education system to cater the demands of time.Addressing a ceremony in Islamabad on Monday, he said promotion of technology sector is inevitable for overall development of the country.The Minister said youth are our valuable asset and…

Rs579b relief to be given to people in electricity bills: Dastgir

Posted June 12, 2023 by Web Desk

Minister for Energy Khurram Dastgir says relief worth 579 billion rupees will be given to people in electricity bills and to keep uniform rate across the country.Addressing a news conference in Lahore on Monday, he said 171 billion rupees for relief to people of Karachi and 55 billion rupees to…

Tropical Cyclone Biparjoy intensifies into an ‘Extremely Severe Cyclonic Storm’

Posted June 12, 2023 by Web Desk

The Tropical Cyclone "BIPARJOY" has intensified into an ‘Extremely Severe Cyclonic Storm’ - Category 3, with sustained wind speed of approximately 161 to 180 km per hour and gusts up to 200 km per hour.Its current location is roughly 580 km south of Karachi and 560 km south of Thatta.The…

Govt increases budgetary allocations by 12.3% for BISP: Shazia

Posted June 12, 2023 by Web Desk

Minister for Poverty Alleviation and Social Safety Shazia Marri says the government has enhanced budgetary allocations by 12.3 percent for the Benazir Income Support Programme to help the downtrodden.Addressing a news conference in Islamabad on Monday, she said 455 billion rupees have been allocated to ensure social protection of the…

Service Industries Limited Conducts Board Meeting to Review Budgetary Measures

Posted June 12, 2023 by Web Desk

Karachi, Service Industries Limited convened a Board of Directors' meeting earlier today to discuss and review the organization's budgetary measures. The meeting served as a platform for the board members to assess the financial aspects of the company and strategize for future growth and success.During the meeting, the board members…

Ghani Chemical Industries Limited Appoints Sheikh Muhammad Saleem Ahsan as Independent Director to Fill Casual Vacancy

Posted June 12, 2023 by Web Desk

Karachi, Ghani Chemical Industries Limited (GCIL) has announced the appointment of Sheikh Muhammad Saleem Ahsan as an Independent Director, filling a recently vacated position. Mr. Mahmood Ahmad, who previously held the role, resigned due to personal reasons. The decision was made during a Board of Directors meeting held on June…

Merger Negotiations between Apna Microfinance Bank Ltd and FINCA Microfinance Bank Ltd Come to a Halt as APNA Explores Alternative Strategies

Posted June 12, 2023 by Web Desk

Karachi, Apna Microfinance Bank Limited has announced the termination of its proposed merger negotiations with FINCA Microfinance Bank Limited. The decision comes after a comprehensive reciprocal due diligence process conducted by both parties.Apna Microfinance Bank Ltd, with the best interests of its stakeholders, depositors, borrowers, regulator, partners, and staff in…

First Elite Capital Modaraba’s Non-Executive Director, Muhammad Javed Amin, Discloses Purchase of 1000 Shares

Posted June 12, 2023 by Web Desk

Karachi, In a recent disclosure, Muhammad Javed Amin, a Non-Executive Director of First Elite Capital Modaraba, revealed the purchase of 1000 shares in the company. The transaction took place on June 9, 2023, and involved a buy order at a rate of 3.11 per share. The shares were acquired in…

Power Cement Limited to Host Corporate Briefing Session 2023, Offers Online Attendance Option

Posted June 12, 2023 by Web Desk

Karachi, Power Cement Limited is set to host its Corporate Briefing Session (CBS) 2023 on June 19, 2023, providing a platform for shareholders, investors, and analysts to gain insights into the company's financial performance and future prospects. The event will take place in Karachi, with an option for attendees to…

No room for constitution, law, humanity & morality in Imran Khan’s mind : Marriyum

Posted June 11, 2023 by Web Desk

Minister for Information and Broadcasting Marriyum Aurangzeb has said there is no room for the constitution, law, humanity and morality in the mind of Imran Khan.In a tweet, she said on May 9, military installations and memorials of martyrs were also attacked because "they" did not agree with Imran Khan's…

First Russian oil ship docks at Karachi port

Posted June 11, 2023 by Web Desk

The first Russian cargo carrying 45,000 metric tons discounted crude oil reached Karachi port this evening.Pakistan refinery will handle the shipment. Another shipment carrying fifty thousand metric ton of crude oil will reach Karachi next Week.Source: Radio Pakistan