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Khurshid Anwar remembered on birth anniversary

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Khurshid Anwar
ISLAMABAD, Mar 21 (APP):Renowned music composer, Khawaja Khurshid Anwar was remembered on the occasion of his birth anniversary on Thursday.
Born on March 21, 1912, he was widely credited for his music for over 200 films.Khawaja Khurshid composed music for several famous movies including Intazar, Ghoonghat, Chingari, Hamraz, Mirza Jutt and Shireen Farhad. Khawaja Khurshid Anwar was also the founder of Radio Pakistan’s signature tune. Khurshid Anwar was credited as being one of the most original and inventive music directors of his generation.
He was also the Programme Producer (Music) at All India Radio in 1939. Before his return to Lahore from India in 1952, he had composed popular songs for films like Ishaara, Parwana and Singaar, a private news channel reported. Anwar formed a team which included Masud Parvez as director, Syed Imtiaz Ali Taj as writer, Qateel Shifai and Tanvir Naqvi as song writers which produced movies like Intezar, Jhoomer and Zehr-e-Ishq from 1956 to 1958 which opened the industry to new ideas.
He was also credited for writing  scripts for six films, the direction of three movies, and production of six films.
In recognition of his achievements, he was awarded Nigar Award and Sitara-e-Imtiaz by the government of Pakistan. Khurshid Anwar died on October 30, 1984 after a protracted illness and was laid to rest in Lahore.

Students planting tree saplings during the International Forest Day arranged by Parks and Horticulture Authority at Bagh-e-Jinnah.

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APP12-210324 FAISALABAD: March 21 - Students planting tree saplings during the International Forest Day arranged by Parks and Horticulture Authority at Bagh-e-Jinnah.
Students planting tree saplings during the International Forest Day arranged by Parks and Horticulture Authority at Bagh-e-Jinnah.
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FAISALABAD: March 21 – Students planting tree saplings during the International Forest Day arranged by Parks and Horticulture Authority at Bagh-e-Jinnah.

Students planting tree saplings during the International Forest Day arranged by Parks and Horticulture Authority at Bagh-e-Jinnah.

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FAISALABAD: March 21 – Divisional Commissioner Silwat Saeed distributing plants among citizens during the International Forest Day arranged by Parks and Horticulture Authority at Bagh-e-Jinnah

Women buying clothes from the stalls in Urdu Bazaar.

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APP16-210324 SARGODHA: March 21- Women buying clothes from the stalls in Urdu Bazaar.

Women buying clothes from the stalls in Urdu Bazaar.

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SARGODHA: March 21-

Women buying clothes from the stalls in Urdu Bazaar.
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SARGODHA: March 21-

SECP holds industry meeting-cum-webinar on RBC regime for insurance sector

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SECP
ISLAMABAD, Mar 21 (APP):The Securities and Exchange Commission of Pakistan (SECP) held a session on Thursday for the insurance industry participants to provide an overview of the Risk-Based Capital (RBC) regime and a walk-through of the recently disseminated RBC templates.
The meeting was attended by Chief Executive Officers (CEOs), finance and risk professionals from the insurance industry. It was also attended online by actuarial representatives and accounting experts from the Pakistan Society of Actuaries and the Institute of Chartered Accountants of Pakistan, said a news release.
Commissioner Insurance Aamir Khan apprised the participants of the importance of alignment of the currently applicable solvency regime with international standards.
He informed that with the adoption of a more risk-based approach to capital and solvency requirements in the region and internationally, Pakistan is now being seen as an outlier by the global insurance industry.
As part of the strategic plan, he expressed his intent to leverage the alignment of the valuation of insurance liabilities, the financial reporting under IFRS 17 and the RBC regime, which are the key priority areas of a five-year strategic plan.
Advisor Insurance at SECP Falak S.H. Soomro provided an overview of the RBC implementation journey, including the development of the concept paper in December 2022 and the RBC template shared with the industry for data analysis.
Falak informed participants that the RBC template is to assist the companies in evaluating their risk exposures, conducting risk-based capital requirements analysis (commonly referred to as Quantitative Impact Study), and completing the model-validation process.
A walk-through of the RBC templates about the technicalities and operationalities of the model was presented.
The importance of further consultations with industry to enhance the underlying work, such as parameter calibrations, comparative impact on solvency regimes and finalization of the broader framework was also highlighted.
Commissioner Insurance requested the participants to play a collaborative role in the successful implementation of the RBC regime in Pakistan and asked participants to share questions related to the RBC template for onward circulation of FAQs as a mutual effort.

Max Bachat Qsimabad sealed, fine imposed.

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Sindh Food Authority Hyderabad
HYDERABAD, Mar 21 (APP):Sindh Food Authority Hyderabad and local administration teams conducted a joint operation in the Qasimabad area of Hyderabad.
The operation was conducted under the supervision of Deputy Director Fida Hussain Khoso and Assistant Commissioner Abdul Wahid Channa. Max Bachat Mart was sealed for not following the rules of Sindh Food Authority. A fine of Rs 500,000 was imposed on the management of the mart.
Speaking on the occasion, Deputy Director Sindh Food Authority Hyderabad Fida Hussain Khoso  directed people engaged in the food items business to follow the rules of Sindh Food Authority.
For complaints against those who violate the rules of  Sindh Food Authority,  consumers should contact Sindh Food Authority.
He said that consumers’ complaints would be addressed in every possible way. Under the direction of Director General Sindh Food Authority Agha Fakhar Hussain, the people associated with food items business are being brought under the jurisdiction of Sindh Food Authority. On this occasion, Assistant Commissioner Qasimabad Abdul Wahid Channa said that the local administration was taking indiscriminate action against profiteers and those who do not follow the rules of hygiene.

Customers purchasing edible stuffs for Sehri from a market at Kartarpura area in the city.

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APP07-210324 RAWALPINDI: March 21 - Customers purchasing edible stuffs for Sehri from a market at Kartarpura area in the city.
Customers purchasing edible stuffs for Sehri from a market at Kartarpura area in the city.
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RAWALPINDI: March 21 – Customers purchasing edible stuffs for Sehri from a market at Kartarpura area in the city.

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RAWALPINDI: March 21 –

Deputy Commissioner Bahawalpur Zaheer Anwar Jappa and other inspecting various stalls during the Annual Celebration of Spring Flower Competition 2024.

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APP10-210324 BAHAWALPUR: March 21 - Deputy Commissioner Bahawalpur Zaheer Anwar Jappa and other inspecting various stalls during the Annual Celebration of Spring Flower Competition 2024.
Deputy Commissioner Bahawalpur Zaheer Anwar Jappa and other inspecting various stalls during the Annual Celebration of Spring Flower Competition 2024.
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BAHAWALPUR: March 21 –Deputy Commissioner Bahawalpur Zaheer Anwar Jappa and other inspecting various stalls during the Annual Celebration of Spring Flower Competition 2024.

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BAHAWALPUR: March 21 – Deputy Commissioner Bahawalpur Zaheer Anwar Jappa is distributing prizes winners during the Annual Celebration of Spring Flower Competition. APP/HBR/MAF/ABB

Gold rates up by Rs.4,600 to Rs.232,400 per tola

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gold

ISLAMABAD, Mar 21 (APP): The per tola price of 24 karat gold witnessed an increase of Rs.4,600 and was sold at Rs.232,400 on Thursday compared to its sale at Rs. 227,800 on last trading day.

The price of 10 grams of 24 karat gold also increased by Rs.3,943 to Rs.199,245 from Rs. 195,302 whereas the price of 10 gram 22 karat gold went up to Rs.182,642 from Rs. 179,027, the All Sindh Sarafa Jewellers Association reported.

The price of per tola silver increased by Rs.20 to Rs2,600 whereas that of and ten gram silver went up by Rs.17.15 to 2,229.08.

The price of gold in the international market increased by $47to $2,225 from $.2,178, the Association reported.

MWMC disposes off 20,000  tons waste under Clean Punjab drive

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MULTAN, Mar 21 (APP):Multan Waste Management Company (MWMC) disposed off 20,000 tons waste from the city during “Clean Punjab” campaign.
Chief Executive Officer (CEO) MWMC Shahid Yaqoob Thursday said that the waste was lifted from 68 urban Union Councils of the city. He said that the plots and filth depots were cleared on a priority basis and debris removed through heavy machinery.
CEO MWMC stated that the cleanliness of small sewerage drains and ponds was also made during the drive.
He said that the citizens and businessmen have also been included in the Clean Punjab campaign.
 Control room 1139 has been fully activated for redressal of sanitation complaints.
Adding new containers and loader rickshaws to the company fleet has improved the cleanliness situation, Shahid Yaqoob concluded.

A man carrying a bird cage waits for customers on the roadside during Ramadan at Murree road

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APP04-210324 RAWALPINDI: March 21 - A man carrying a bird cage waits for customers on the roadside during Ramadan at Murree road
A man carrying a bird cage waits for customers on the roadside during Ramadan at Murree road
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RAWALPINDI: March 21 –