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19 dead, 1,204 injured in Punjab road accidents

By
Raiq Qureshi
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19 dead, 1,204 injured in Punjab road accidents

LAHORE, Jun 05 (APP):Nineteen people were killed and 1,204 others injured in 1,136 road traffic crashes (RTCs) in Punjab during the last 24 hours.

as many as 610 seriously injured people were shifted to different hospitals, while 594 with minor injuries were treated at the incident site by the rescue medical teams.


The analysis showed that 602 drivers, 45 underage drivers, 114 pedestrians and 507 passengers were among the victims of the road traffic crashes.


The statistics show that 243 RTCs were reported in Lahore, which affected 261 people, placing the provincial capital at top of the list, followed by 84 in Faisalabad with 88 victims, and at third Multan with 72 accidents and 71 victims.


According to the data, 1,000 motorbikes, 78 auto-rickshaws, 119 motorcars, 26 vans, 12 passenger buses, 22 trucks and 110 other types of vehicles and slow-moving carts were involved in the road traffic accidents.

Djokovic, Alcaraz into French Open quarters as showdown looms

By
Raiq Qureshi
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Djokovic, Alcaraz into French Open quarters as showdown looms

Paris, June 5 (AFP/APP):Novak Djokovic swept into the French Open quarter-finals for the 14th straight year on Sunday as world number one Carlos Alcaraz breezed past Lorenzo Musetti to stay on a collision course with the 22-time Grand Slam champion.


Third seed Djokovic ended the surprise run of Peruvian outsider Juan Pablo Varillas, winning 6-3, 6-2, 6-2, and has yet to drop a set through four matches.


The Serb, chasing a third Roland Garros crown, is into a record 17th French Open quarter-final after making the last eight at a major for the 55th time.


“I’m proud of it, but my attention is already in the next match,” said Djokovic, who faces Russian 11th seed Karen Khachanov for a place in the semi-finals, where Alcaraz could await.


“I know what my goal is here. I’m trying to stay mentally the course and of course not look too far.
“Obviously the performance of today gives me a great deal of confidence about how I felt, about how I played.”


Varillas, 27, was the first player from Peru to reach the second week of a Grand Slam since Jaime Yzaga made the US Open quarter-finals 29 years ago.


Djokovic raced 4-0 ahead in the opening set only for Varillas to break in the next game and then have a chance to get back on serve in the seventh game.


But once Djokovic held for a 5-2 lead it was plain sailing for him as he closed out victory in just under two hours.


Khachanov made his third successive Grand Slam quarter-final after he recovered from a bad start to overcome Lorenzo Sonego 1-6, 6-4, 7-6 (9/7), 6-1.


Djokovic holds an 8-1 record against Khachanov, winning their only previous meeting at the French Open in 2020.


Alcaraz looked every part the tournament favourite as he dismantled the talented Musetti in straight sets to return to the French Open last eight.


Musetti had not lost a set in three rounds but Alcaraz brushed the Italian 17th seed aside in barely two hours, triumphing 6-3, 6-2, 6-2 to avenge last year’s defeat on clay in the Hamburg final.


“I think I played such a great level, really high quality of shots. I played a really complete match from the first ball until the last and I’m pretty happy to get through this tough round,” said Alcaraz.


The 20-year-old faces a tough next assignment in 2021 runner-up Stefanos Tsitsipas, who eased past Austrian qualifier Sebastian Ofner 7-5, 6-3, 6-0.


“The clash we’ve been all waiting for,” said Tsitsipas, the Greek fifth seed who has lost all four meetings with Alcaraz. “I think everyone was expecting it, weren’t they? And it’s here. It’s game on.”

Aryna Sabalenka beat 2018 finalist Sloane Stephens 7-6 (7/5), 6-4 in a topsy-turvy encounter in the night session — the first women’s match to feature in the primetime slot this year.


Australian Open champion Sabalenka surged into a 5-0 lead in the opener but Stephens saved four set points as she reeled off five games on the bounce to level.


Second seed Sabalenka eventually edged the tie-break and again held off Stephens in a tight second set to continue her best run in Paris.


The Belarusian goes into a politically-charged duel with Elina Svitolina who, playing her first Grand Slam since becoming a mother, reached the quarter-finals for the fourth time.


The Ukrainian defeated Daria Kasatkina 6-4, 7-6 (7/5) for a seventh win in seven meetings against the Russian who was a semi-finalist last year.


As with all her matches, Svitolina opted not to shake hands with her Russian opponent in protest at the war in Ukraine. Belarus is also a key military ally of Moscow.


Kasatkina still gave her rival a friendly thumbs-up.


Anastasia Pavlyuchenkova, the 2021 runner-up, rallied from a set and a break down to dump out Belgian 28th seed Elise Mertens 3-6, 7-6 (7/3), 6-3.


The Russian, whose ranking has plunged to 333 after a serious knee injury, is the lowest-ranked Grand Slam quarter-finalist in the tournament’s history.


Pavlyuchenkova will take on Karolina Muchova for a place in the last four after the Czech saw off lucky loser Elina Avanesyan 6-4, 6-3.

SECP approves IPO application of Symmetry Group

By
Raiq Qureshi
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0
SECP

ISLAMABAD, Jun 5 (APP):Symmetry Group Limited after the approval of the Securities Exchange Commission of Pakistan (SECP) started its Initial Public Offering (IPO) application on Monday.

“This significant milestone allows Symmetry Group to move forward with its plans to launch the IPO and offer shares to the public, said a press release,” said a press release issued here.

Symmetry Group is a leading player in the digital industry and has been at the forefront of transforming and digitalizing marketing, sales, and other consumer-centric functions for organizations.

The Company has received approval for listing on the main board of the Pakistan Stock Exchange Limited, paving the way for its IPO.

The IPO will be conducted by the ‘Book Building’ method of offering, where shares are allotted to investors on the Dutch auction method.

The offering will consist of 101,240,082 shares obtainable at a floor price of PKR 4.25 per share, including a fresh capital raise of PKR 375. million. Additionally, the Company sponsors, Sarocsh Ahmed and Adil Ahmed will offer shares worth PKR 55 million.

Chief Executive Officer (CEO) & Co-Founder of Symmetry Group, Sarocsh Ahmed was enthusiastic about this milestone and said “Symmetry Group is driven by its pioneering legacy of transforming possibilities for businesses and organizations for over two decades.

Our customers trust our creativity, innovation, and expertise in producing ground-breaking digital experiences. As we expand our capabilities and strengthen our core, our talented team sustains the trust of our stakeholders.

From seamless digital integration to a re-imagined suite of transformative products and services, partnering with us allows businesses to unlock their true potential.

With aggressive local and global growth plans, the IPO boosts our financial standing, enabling us to develop cutting-edge, AI-driven products and intellectual properties.

Senator Karim, Sindh governor discus political, economic situation of country

By
Raiq Qureshi
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0

KARACHI, Jun 05 (APP):A delegation led by the Special Assistant to the Prime Minister (SAPM) with the status of Federal Minister Senator Dr. Hafiz Abdul Karim called on the Sindh Governor Mohammed Kamran Khan Tessori here on Monday.

They discussed the overall political and economic situation of the country, development projects of the federal government in the Sindh province, and other issues of mutual interest.


Kamran Tessori said that the incidents of May 9 had been condemned by everyone. He urged the masses to work together for the betterment and development of the country.


Senator Dr. Hafiz Abdul Karim said that the whole nation stood shoulder to shoulder with its army.

KMU hosts anti-corruption awareness seminar, walk

By
Raiq Qureshi
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0
KMU hosts anti-corruption awareness seminar, walk

PESHAWAR, Jun 05 (APP):Director NAB Khyber Pakhtunkhwa Mian Muhammad Waqar on Monday said that corruption is not just the name of financial irregularity, but wrong and unnecessary use of national resources, abuse of authority, violation of merit, deviation from rules and regulations are also types of corruption.

Young people, especially students, can play a key role in eradicating corruption.

He expressed these views while addressing an awareness seminar on the anti-corruption week at Khyber Medical University (KMU) Peshawar, while on this occasion apart from Director KMU-IBMS Dr Inayat Shah, a large number of faculty and students were also present.

Mian Muhammad Waqar said that NAB is an autonomous institution that is playing an active role in eradicating corruption from society.

He said that corruption weakens the country’s foundations and its prevention is the main mandate of NAB.

He said that there are many types of corruption and in developing countries like Pakistan; corruption is a big challenge for the concerned institutions. He said that obtaining halal sustenance is not only a religious obligation, but it is also a source of blessing in wealth and life.

He emphasized to the youth that they can play an important role in the eradication of corruption and we want the youth to play the role of NAB ambassadors in the national campaign against the eradication of corruption.

In response to a question, he said that NAB works under the laws approved by the Parliament and in this regard whatever laws the Parliament enact is its authority and these laws bind NAB.

Addressing the event, Dr. Inayat Shah stressed to the students that they should play the role of the front line in the eradication of corruption.

He said students are the future of Pakistan, if they get an opportunity to serve the country they should put their efforts to make Pakistan a corruption-free country.

He said there is no room for corruption in KMU and we are standing side by side with NAB in eradicating corruption.

At the end of the event, an anti-corruption awareness walk was also organized in which the students actively participated.

Measures for makeshift cattle markets soon

By
Raiq Qureshi
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0
Measures for makeshift cattle markets soon

LAHORE, Jun 05 (APP):Commissioner Lahore Muhammad Ali Randhawa has said that makeshift cattle markets in the provincial capital will be set up on no profit no loss basis and measures for the purpose would be taken soon.

Presiding over a meeting to discuss makeshift cattle markets of sacrificial animals here on Monday, he said the places for setting up temporary cattle markets had been finalised.
The commissioner was told that work for setting up temporary cattle markets would be started in two to three days.
Randhawa said that no compromise would be made on quality of cattle markets. He directed the Metropolitan Corporation Lahore to set up sale points at the earliest.

SCCI urges special relief package in budget for ‘war-affected’ traders of KP

By
Raiq Qureshi
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0

PESHAWAR, Jun 05 (APP):Sarhad Chamber of Commerce and Industry (SCCI) on Monday urged the government to announce a special economic relief package for the ‘terrorism-affected’ business community of Khyber Pakhtunkhwa (KP) in the budget.

In the media talk with different private news channels regarding the upcoming fiscal budget here on Monday, the chamber’s acting president Ejaz Khan Afridi urged the government to present a business-friendly budget for the next financial year.

Ejaz sought a reduction in the ratio of taxes and opposed imposing the additional burden of taxes on existing taxpayers and poor masses. He furthermore asked to reduce electricity, gas tariffs and prices of petroleum commodities.

The SCCI acting chief said it was the dire need of the hour to provide relief to the business community in the budget in order to revive the ailing economy of the country.

Businessmen are faced with difficulties owing to high prices of electricity, gas and petroleum commodities, Ejaz said. The chamber’s acting chief furthermore asked for taking economic, industries and business growth-oriented initiatives.

He asked the government to incorporate the SCCI proposals in the upcoming fiscal budget so that relief should be given in light of the chamber’s recommendations to terrorism and natural calamity hit traders’ community of Khyber Pakhtunkhwa.

If the industries and businesses would be functional and working positions that will bring stability in the national economy, Ejaz remarked.

He added that a prosperous business community is a guarantee for a better economy, so the government should give them relief and special incentives at every level.

In response to reporters’ various queries, Ejaz Afridi urged the government to take pragmatic steps through the upcoming budget for the removal of hurdles in the way of the country’s export and bilateral trade.

He suggested the signing of a free trade agreement and launching joint ventures between Pakistan and Afghanistan and asked both governments to frame a concrete and comprehensive policy in this regard. Ejaz Afridi said enhancing bilateral trade between Pakistan and Afghanistan and Central Asian Republic countries is in dire need under the prevailing economic conditions, stressing the need to give special focus on this proposal.

Trans Eurasia rally reaches Pakistan

By
Munir Hussain
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0

ISLAMABAD, Jun 5 (APP):The Trans Eurasia car rally was given a warm welcome on Monday on reaching Pakistan after passing through 16 countries.
The car rally entered Pakistan through Taftan in Balochistan and in the next stage while racing through the picturesque areas of Balochistan will reach the northern areas.
From northern areas the rally will make its exit at Wagah border and will travel through India.
As many as 33 tourists travelling in 10 vehicles and on seven heavy bikes are part of the rally which began from Paris and will end in Kuala Lumpur.
The citizens of Pakistan welcomed the rally and expressed hope that the remaining journey of the rally will be pleasant and adventurous.
Pakistan is a safe tourist destination and its people are known around the world for their hospitality. Pakistan is an attractive destination for tourists because of its mighty snow capped mountains, lush green valleys, historical cities and exotic coastline.

Special measures in budget for relief to poor, middle classes: PM

By
Munir Hussain
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0
Budget
Prime Minister Muhammad Shehbaz Sharif chairing a meeting to discuss proposals for providing relief to poor and middle class in the upcoming budget. Islamabad, 5th of June, 2023.
Read in Urdu

ISLAMABAD, Jun 5 (APP):Prime Minister Shehbaz Sharif Monday here decided to take major steps in the budget for the welfare of poor and middle classes.
He was chairing a meeting to finalize measures to provide relief to poor and middle classes of society.
The PM directed that despite economic challenges, special measures should be taken for the protection of vulnerable sections of society.
He said maximum relief should be given to public by utilizing the available resources in the best possible manner.
He ordered that a comprehensive plan should be devised for giving direct subsidy to the farmers.
The government would also assist the deserving farmers in converting tubewells to solar energy, he said adding the solarization of tubewells would decrease the fuel import bill and would bring down the per acre production cost of farmers.
He reminded that the government immediately brought down prices of petroleum products when the prices in the international market came down.
He instructed that the impact in reduction of petroleum prices should be transferred to the common man, adding the scope of Benazir Income Support Programme should be expanded to ensure inclusion of needy persons. It should be ensured that no needy widow was left out of the Benazir Income Support Programme.
He said deserving students should be equipped with higher education and technical skills.
For this purpose the government was ensuring establishment of an Education Endowment Fund, he informed
Shehbaz Sharif said his government always kept on priority provision of education, skills, laptops and jobs for the youth.
The government would equip youth with skills according to the international standards and contemporary demands, he continued.
He said the scope of Prime Minister Youth Loan Programme would be enhanced and youth would be given loans for businesses on easy conditions.
The exports of the information technology sector would be raised by facilitating youth in the IT sector. Youth would be given facilities so that they could get training for freelancing and technical education and get self-employed, he stressed.
The PM said in the last years of the previous government youth were instigated and filled with hate and chaos and sticks and petrol bombs were given in their hands.
“We will utilize capabilities of the young generation and use their energies to ensure progress of the nation and country.”
He said all facilities would be provided for the progress of small and medium enterprises.
Federal Ministers Khawaja Muhammad Asif, Ishaq Dar, Ahsan Iqbal, Advisor to PM Ahad Cheema, Minister of State Dr Musadiq Malik, Special Assistants Muhammad Jehanzeb Khan and officers concerned attended the meeting.
Federal Minister for Poverty Alleviation Shazia Marri, Special Assistants Shiza Fatima, Qaiser Sheikh, expert of modern farming Ahmed Umair and Asif Pir of IT sector took part in the meeting through video link.

Public welfare, business friendly policies focus of budget: PM

By
Munir Hussain
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0
Public welfare, business friendly policies focus of budget
Read in Urdu

ISLAMABAD, Jun 5 (APP):Prime Minister Shehbaz Sharif Monday said the focus of the budget for the financial year 2023-2024 will be progress, public welfare and business-friendly policies.
He was speaking at a high-level consultative meeting with the allied parties here on the Public Sector Development Programme (PSDP).
He said the size of PSDP in the budget would be increased from Rs 700 billion to Rs 950 billion in the next financial year to spur economic growth and create job opportunities.
He said the next financial year would be the year of economic progress for Pakistan, adding economic conditions were difficult and the government was adopting a policy of utilizing available resources in the best possible manner.
The PM said substantial funds would be allocated in the new budget for the reconstruction and rehabilitation of the flood-affected areas.
During a briefing, the participants of the meeting were told that the long-delayed National Flood Response Programme would be restarted after a lapse of many years.
He said despite the damage caused to the national economy by the previous government, his government worked hard and brought economic stability.
He said he considered consultation with the allied parties very important, adding last year for the first time in the history of Pakistan, the 13-parties alliance saved the state by putting in danger their own politics.
“We cannot find this kind of effort to save the country’s economy, anywhere in the world.”
He said Pakistan was saved from economic destruction and agents of chaos.
Federal Ministers Ishaq Dar, Ahsan Iqbal, Moulana Asad Mehmood, Rana Tanvir Hussain, Maulana Abdul Wasey, Syed Aminul Haque, Agha Hassan Baloch, Sardar Israr Tareen, Advisor to PM Ahad Cheema, Ministers of State Hashim Notezai, Ehsanullah Reki, member National Assembly and Convener Muttahida Qoumi Movement Dr Khalid Maqbool Siddiqui, MNAs Aslam Bhotani, Mohsin Dawar and member Awami National Party Sardar Hussain Babak and officers concerned attended the meeting.
Chief Minister Sindh Syed Murad Ali Shah, member National Assembly and Chairman Balochistan National Party Sardar Akhtar Mengal attended the meeting through a video link.
The leaders and members of the allied parties thanked the prime minister for taking them into confidence about the development budget and for including their suggestions.
The meeting was told in detail about the economic targets and figures and proposed projects of the development budget.
The PM directed the officials concerned and the Ministry of Finance to implement the suggestions of the allied parties and incorporate them in the upcoming budget.

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