One of the highly respected and prominent businessmen, Byram D Avari, passed in Karachi on Sunday night. He along with his sons owned and operated the Avari Group of Companies – a leading hotel management company in Pakistan - of which he was the chairman. The group owns and operates Avari hotels which include a five-star deluxe hotel in Lahore, five-star Avari Towers and seafront Beach Luxury Hotel in Karachi. The Avari Group was the first Pakistani company to have obtained international hotel management contracts. The Avari Group did not lay off its workers in the worst economic situations.

“We will not accept a ‘corrupt’ person as an interim chief minister. We will hold a series of protests in all the cities of Pakistan,” the PTI chief told a news conference via a video link on Monday. Calling him an enemy of PTI, Imran said Naqvi was “very close” to Asif Zardari and that the PPP co-chairman called him “his son”. “How could a person with a chequered history be appointed as an interim chief minister?” he questioned. Meanwhile, PTI senior leader Azam Swati alleged that caretaker Chief Minister Mohsin Naqvi was a “certified criminal”.

And the central bank does seem to have a hammer in the shape of interest rates hikes. In its latest Monetary Policy Statement, the State Bank of Pakistan (SBP) announced a 100 basis point hike in the policy rate to 17 percent, citing persistent inflationary pressures and the need to anchor inflation expectations. - Advertisement -It’s also worth noting that the interest rate hike may come at the cost of further slowing down economic growth. The SBP’s decision to increase interest rates is understandable given the current inflationary pressures, because it seeks to ‘anchor’ inflation around a particular range of percentage. Neoclassical economics centres around the management of expectations; the central bank’s interest rate hikes aren’t as hamfisted as they appear.

They reach secondary or higher secondary level without being able to paraphrase a stanza of a poem or explain a prose paragraph. It is an irony that these students are taught to translate a prose paragraph into Urdu (a question reserved for Urdu medium students) instead of explaining it in English (a condition exclusively for English medium students). - Advertisement -Whenever there is a question related to translation of a Urdu passage into English, or vice versa, there is always an alternative question available exclusively for English medium students to translate or explain an English-language paragraph in English. Compared to our traditional examination system, the Cambridge system teaches English as a language. For instance, in the traditional system, students are asked to write stories on the given proverbs or axioms.

SCREENGRABThe Punjab Home Department has issued a notification for the replacement of four members of the joint investigation team (JIT) probing the gun attack on Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Nov 3 last year. The notification was dated back to Jan 14, whereby the new members were appointed under the chairmanship of the CCPO. It should be noted here that after the JIT members wrote a dissenting letter in the case, the head of the team recommended action against them. The CCPO said that two members, SP Malik Tariq and SSP Naseebullah, participated in the first meeting. These two JIT officers did not inquire, he declared, adding that SP Ehsanullah Chauhan deliberately did not join them for 15 days.

Share:LAHORE-Last year’s champion Waheed Baloch from KGC defended the Bank AL Habib’s 12th Rashid D Habib Memorial National Professional Golf Tournament 2023 title at the Karachi Golf Club (KGC). Bank Al Habib rewarded a brand new Toyota car to Ashass. The PNS Chief lauded the role of Abbas D Habib family and Bank AL Habib for the promotion of golf in Pakistan. He thanked Karachi Golf Club management and Bank AL Habib team on successfully conducting the event. Abbas D Habib also thanked KGC management, Bank AL Habib team and prize winners.

ISLAMABAD: Pakistan Post issued a total of 11 postage stamps here Sunday to commemorate different important occasions and honoring the great personalities and their achievements through the year 2022. Pakistan Post issued 5th stamp of the year on July, 25, 2022 on the occasion of centennial celebration of Attock Refinery Limited (ARL). On the occasion of the diamond Jubilee of Pakistan (1947-2022), the Pakistan Post issued a commemorative stamp on August 14, 2022, portraying the monuments of Pakistan on it. To celebrate to 75th years of the establishment of Pakistan and Australia diplomatic relations, the High Commission for Pakistan, Canberra, Australia in collaboration with Pakistan Post issued a commemorative stamp on November 15, 2022. All the 11 commemorative stamps are of Rs.

Share:At least thirty-two UN peacekeepers, including seven from Pakistan, lost their lives in different peacekeeping missions in 2022. United Nation’s Staff Union President Aitor Arauz in a statement said six Pakistani peacekeepers were martyred in a helicopter crash in the east of the Democratic Republic of Congo while the seventh lost his life in an attack by an armed group in the same country. The statement added that peacekeepers and the civilian personnel who work side by side with them are on the front lines of the United Nations’ work in the world’s most challenging environments. Pakistan has been one of the largest contributors of uniformed personnel to U.N. peacekeeping operations. In its service to the cause of peace, Pakistan lost 157 of its bravest who made the ultimate sacrifice.

Reporter Columnist Editor News Source Blogger Contributor webdesk author news_source notype administrator news-source subscriber-HS A. H. Khayal A. R. Jerral A. Siddique A. Qaiser Nawab Engr. Saddam Hussain Engr. Hamad Obaid Al Zaabi H.E. Lt Gen Naeem Khalid Lodhi Retired Lt Gen Tariq Khan (R) Lt.

India has issued visas to only 249 Pakistani pilgrims to visit Ajmer Sharif instead of 488 applicants who intended to visit the shrine of revered Sufi saint Moinuddin Chishti in Rajasthan. According to a spokesperson of the Ministry of Religious Affairs and Interfaith Harmony, over 200 Pakistani pilgrims had been deprived of paying homage to the Sufi saint, Radio Pakistan reported on Sunday. He said that the Indian authorities have also declined visas to six officials deputed to take care of the pilgrims during their stay in India. He, however, said that only one of the six officials was granted permission to go with the Zaireen (pilgrims). All our planning had been completed but, all of it went to waste when India abruptly denied us visas,” Fayyaz lamented.

PHOTO: EXPRESSCommissioner Karachi Muhammad Iqbal Memon has notified the official prices of wheat flour according to which ex-mill price has been fixed at Rs95 per kg, while retail price has been fixed at Rs98 per kg. The retail price of wheat flour from small flour mills (chakki) has been fixed at Rs105 per kg. Compared to the last couple of months, the flour price has been dropping since the wheat supply in the market has improved, but the price is still beyond the reach of majority of the population. In the open market, the price of wheat per kg has also decreased but chakki owners say that clean wheat is still selling at a higher rate. Marathon arrangements reviewedCommissioner Karachi Muhammad Iqbal Memon on Saturday visited the 4th Commissioner Karachi Marathon route to review arrangements for the marathon race to be held on January 29 at Nishan-e-Pakistan, Sea View.

ISLAMABAD: Prime Minister Youth Program has opened the registration for Sports Trail in Hockey, Cricket and Football under Talent hunt Youth Sports League for men and women to promote healthy physical activities among the youth. However, the departmental players are not eligible to participate in the talent hunt. Under the PM youth sports initiative registration for Table Tennis, Badminton and Squash are also open while the trials’ for these sports will open soon. Under PM Youth program the Talent Hunt Youth Sports League intends to hunt talent in various games including Badminton, Boxing, Cricket, Football, Handball, Hockey, Judo, Squash, Table Tennis, and Volleyball for men and women whereas Weightlifting and Wrestling for men only. PM Youth program under the Talent Hunt Youth Sports League intends to provide unlimited opportunities to the selected players after winning National Leagues in their respective games.

After Haris Rauf got off the market, congratulations are in order for Shan Masud and Nische Khan. The couple exchanged rings in an intimate ceremony last night. After a digital invitation card for the batsman’s reception leaked online, social media users have been waiting for his wedding. However, it was reported earlier that Shan and Nische will tie the knot on January 21 but the couple is yet to confirm the gossip. Videos circulating on social media feature the duo exchanging rings surrounded by their close friends and family.

Over the years, Pakistan’s addiction to programme loans (read as non-project loans) also enabled it to run high budget deficits. The Asian Development Bank began providing lending in 1969, with a loan for the Industrial Development Bank. In terms of amount, 39% of the loans have been project loans and 61% have been programme loans, according to the authors. In terms of amount, 29% were project loans and 71% were programme loans, he added. The Ministry of Finance needs to come out of its state of denial and needs to negotiate early public debt restructuring.

Srinagar, Jan 21 (IANS) The Jammu and Kashmir administration is making “advance arrangements” for the upcoming G20 meeting in Kashmir to be held in the month of May. Pole, had hinted at holding the G20 meeting in Kashmir, saying that Srinagar is likely to host one of the G20 events for which the administration has already started making preparations. It is noteworthy that this kind of summit meeting will be held for the first time in a Union Territory, which will be a proud moment for J&K, according to the Divisional Commissioner. Hosting the G20 summit in Srinagar holds special significance as it will help promote tourism and many misgivings, which our neighbouring country tries to spread, will get clarified,” the official said. Following the presidency of Indonesia last year, India assumed the G20 presidency for 2023 from December 1, 2022.