Category: Business News

Prime Minister Shehbaz Sharif has reiterated Pakistan’s stance to continue raising its voice for the cause of Palestinian people till the culmination of their just struggle for freedom.

 

He was talking to President of Palestine Mahmoud Abbas in Astana on Thursday, on the sidelines of 6th Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA).

 

The two leaders had an emotional interaction that was reflective of the fraternal bond between the two countries.

 

Warmly embracing each other, they exchanged cordial feelings for their respective countries and mentioned the support the two countries have been extending to each other in different contexts.

 

The Prime Minister said Palestine is in our hearts and is part of our faith.

 

As Shehbaz Sharif thanked the Palestinian President for his country’s relief assistance to Pakistan’s flood affected people, the Palestinian President responded that his country couldn’t do enough for Pakistanis who are their brothers and sisters.

 

The Palestinian President said we never forget Pakistan and we have been with Pakistanis since before the establishment of Pakistan.

 

He mentioned how Pakistan took care of the veteran Palestinian leader and grand Mufti Amin el-Husseini until his death.

 

Source: Radio Pakistan

Prime Minister Shehbaz Sharif has left for Pakistan from Astana, Kazakhstan a short while ago.

 

Deputy Prime Minister and Finance Minister of Kazakhstan Yerulan Zhamaubayev saw off Muhammad Shehbaz Sharif at Nur Sultan Nazarbayev International Airport.

 

Prime Minister Shehbaz Sharif has returned to Pakistan after concluding his two-day visit to Kazakhstan.

 

Source: Radio Pakistan

The National Assembly resumed its session at the Parliament House in Islamabad this evening with Speaker Raja Pervaiz Ashraf in the chair.

 

The House was informed that the government has allocated a huge fund to provide subsidized seeds to farmers in flood affected areas of the country.

 

Responding to a question during the Question Hour in the House on Wednesday, Parliamentary Secretary on National Food Security and Research Ahmad Raza Maneka said the federal government has asked the provinces to cooperate to facilitate farmers.

 

The Parliamentary Secretary said the Pakistan Agricultural Research Council is imparting scientific knowledge to farmers to enhance agriculture production. He said the prime objective of PARC is to promote research in the agriculture sector. He said PARC is consistently arranging seminars and symposiums to create awareness in farmers regarding scientific upgradation in the agriculture sector.

 

Minister for Power Khurram Dastgir Khan says the government has provided a relief of sixty six billion rupees to electricity consumers by waiving off Fuel Adjustment Charges in August and September.

 

Responding to a calling attention notice regarding electricity price hike,     he said fuel adjustment charges have reduced from 9.89 rupees to only 22 paisas per unit in the month of August. He said the government has exempted the agriculture tube wells from FAC.

 

The Minister said the government has decided not to use imported fuel for electricity generation to reduce the production cost. He said the government will now focus on producing electricity through indigenous resources such as solar, wind, hydel, nuclear and Thar coal.

 

Khurram Dastgir said the Thar Coal Project will start generating 1320 megawatts by December this year. He said this project will start producing 2640 megawatts before next summer.

 

The House will now meet again at 11 am on Thursday.

 

Source: Radio Pakistan

Defence Minister Khawaja Muhammad Asif has expressed concerns over the deteriorating law and order situation in Khyber Pakhtunkhwa.

Responding to points raised by various lawmakers regarding growing discontent in the province, he urged the House to pay special attention toward the growing chaos in Khyber Pakhtunkhwa.

 

Source: Radio Pakistan

The Pakistan Air Force (PAF) has recently inducted the Bombardier Global 6000 Jet into its fleet. The PAF will utilize the new jet for VIP transport duties.

Plane spotters have been sharing the images of the newly inducted aircraft with PAF livery on different social media platforms. The images show that the jet with a registration number of J-758.

Bombardier Aviation, a Canada-based aerospace company, announced the Bombardier Global Express in 1991. It took its maiden flight in 1996. Canadian authorities certified it in 1998 and it entered service a year later in 1999. Since then, Bombardier Aviation has introduced different variants of aircraft such as Bombardier Global 5000, 5500, 600, 6500, 7000, 7500, and 8000 jets.

Where Bombardier Global 6000 is concerned, it is a third-generation aircraft whose production started in 2012. Its flexible wing and wing loading are the highest in comparison to its competitors, allowing it to fly comfortably even during turbulence.

Last month, the PAF received the second batch of Chengdu J-10C semi-stealth 4.5-gen advanced multirole fighter jets from China.

A month earlier, images circulating on different social media platforms revealed that the second batch of J-10C fighter jets will bear tactical camouflage colors similar to the Mirage 5PA.

The images showed J-10Cs with a green-gray camouflage scheme and sky-blue undersides. Mirage 5PAs have a similar color scheme, and they have been used in low-level maritime strike roles. This suggested that the new J-10Cs will be also used in low-level maritime strike roles.

 

Source: Pro Pakistan

A fire erupted on the third floor of the Centaurus Mall in Islamabad and firefighters are busy in extinguishing the fire.

Besides, rescue efforts are underway to save people.

 

Source: Radio Pakistan

North Korea has fired two short-range ballistic missiles towards the eastern waters of the peninsula on Sunday.

It was Pyongyang’s seventh weapons test in two weeks.

The Japanese government said North Korea had fired two ballistic missiles which reached an altitude of 100km and covered a range of 350km.

 

Source: Radio Pakistan

Mainly dry weather is expected over most parts of the country, while hot in southern parts during the next twelve hours.

Temperatures of some major cities recorded this morning:

Islamabad seventeen degree centigrade, Lahore twenty-five, Karachi twenty-eight, Peshawar eighteen, Quetta seven, Gilgit nine, Murree fourteen and Muzaffarabad fifteen degree centigrade.

According to Met Office forecast for Indian Illegally Occupied Jammu and Kashmir, partly cloudy weather is expected in Srinagar, Jammu, Leh, Anantnag, and Baramulla while dry weather in Pulwama and Shopian.

Temperature recorded this morning:

Srinagar, Pulwama and Anantnag twelve degree centigrade, Jammu twenty-two, Leh four, Shopian eleven and Baramulla ten degree centigrade.

 

Source: Radio Pakistan