Around 336,999 Pakistanis proceed to abroad for employment during Jan 1 to June 30
PFA seals meat unit, imposes Rs. 200,000 fine
CCP enforcement gains pace, 223 cases resolved, Rs 360m recovered
Mansehra Police ink record 83 MoUs for welfare of personnel & families
PSX turns bullish, gains 447 points
Rupee gains 10 paisa against US Dollar
ISLAMABAD, Jul 30 (APP): The Rupee on Wednesday appreciated by 10 paisa against the US Dollar in the interbank trading and closed at Rs 282.95 against the previous day’s closing Rs 283.05.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 285 and Rs 285.5, respectively.
The price of the Euro decreased by Rs 0.19 to close at Rs 327.00 against the last day’s closing of Rs 327.19, according to the State Bank of Pakistan (SBP).
The Japanese yen gained 01 paisa and closed at Rs 1.91, whereas an increase of Rs 0.69 was witnessed in the exchange rate of the British Pound, which was traded at Rs 378.19 compared to the previous day’s closing of Rs 377.50.
The exchange rates of the Emirates Dirham and the Saudi Riyal came down by 03 paisa each to close at Rs 77.03 and Rs 75.42, respectively.
Dar directs ministries for early finalisation of investment proposals
ISLAMABAD, Jul 30 (APP): Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Wednesday directed the relevant ministries and organisations to increase coordination and streamline their efforts to finalize the investment proposals as soon as possible.
He said this while chairing a meeting of the Committee for Development of Investment Portfolio to attract investment.
The meeting was attended by federal ministers of power, economic affairs and petroleum, Special Assistant to PM Tariq Bajwa, Chairman of Securities and Exchange Commission of Pakistan, federal secretaries of power, petroleum, finance, Board of Investment, and senior representatives from key ministries, divisions and other relevant organizations.
The meeting discussed in detail various investment proposals and identified priority sectors for future investments.
JKSYF launches poster campaign in IIOJK to mark Youm-e-Istehsal
ISLAMABAD, Jul 30 (APP): In connection with Youm-e-Istehsal, the Jammu and Kashmir Students and Youth Forum (JKSYF) has launched a powerful poster campaign across Indian Illegally Occupied Jammu and Kashmir (IIOJK), condemning the illegal and unilateral abrogation of Article 370 by the Indian government on August 5, 2019.
Posters appeared on walls, electric poles and public places in several towns and districts, bearing strong messages against India’s actions that stripped the region of its special status and opened the door to demographic changes under military occupation, said a press release here Wednesday.
The posters, issued by the JKSYF, described August 5 as a “Day of Betrayal” and “Youm-e-Istehsal” (Day of Exploitation), calling on the international community to take notice of India’s violations of international law and United Nations resolutions. Messages on the posters reaffirmed the commitment of the Kashmiri youth to resist colonial repression and continue the struggle for the right to the self-determination.
Security experts term Modi’s speech a failed attempt to cover up Operation Sindoor’s humiliation
ISLAMABAD, Jul 30 (APP): Security experts have termed Modi’s speech in the Lok Sabha a failed attempt to cover up the humiliation of Operation Sindoor.
In the Indian Lok Sabha, Prime Minister Narendra Modi refused to accept the real outcome of Operation Sindoor, despite repeated confirmations by U.S. President Donald Trump and the international media, they remarked.
The security experts said that in response to Indian aggression, Pakistan’s Operation Bunyan al-Marsus shattered Modi’s war hysteria. India’s declaration of a ceasefire by Colonel Sophia further exposed Modi’s false claims in the Lok Sabha, they said.
They said even Indian Wing Commander Vyomika Singh also admitted the destruction of Udhampur, Adampur, Bhuj, and Pathankot airbases. Pakistan’s effective counteraction in Operation Sindoor forced Modi to back down,” they said.
U.S. leading newspapers The Washington Post and The New York Times also reported that Pakistan effectively responded to Indian aggression and shot down Indian warplanes within Indian airspace.
BBC’s regional editor Amberson Ather John also acknowledged Pakistan’s defense superiority, the security experts said.
“India spent billions of dollars on arms but still faced defeat,” said Amberson Ather John.
According to international media CNN, the U.S. President mediated a ceasefire between the two countries. The U.S. President admitted to intervening over 29 times to de-escalate Indo-Pak tensions and prevent a nuclear war in the region.
Despite global humiliation, Modi’s war-mongering continues to jeopardize regional peace, they security experts remarked.
During the ongoing Lok Sabha session on Operation Sindoor, Narendra Modi claimed, “No global leader asked India to stop the operation except U.S. Vice President who tried to contact me three to four times on May 9 night”. “The U.S. Vice President warned that Pakistan can launch a major attack,” said Modi. “If Pakistan attacks India, our response will be much greater,” he claimed to have told the U.S. Vice President.
Modi made false claimed that India destroyed Pakistan’s power during the nights of May 9 and May 10. “Pakistan now realizes that every Indian response is far more unpredictable than before,” he further claimed. “If needed again, India can go to any extent to respond to Pakistan,” Modi told Lok Sabha.
He threatened, “Operation Sindoor is still going on and if Pakistan repeats such a mistake, it will get a crushing response.
Federal Minister Aurangzeb Khichi visits RCCI Med Health Expo, lauds Pharma Industry’s Export Potential
ISLAMABAD, Jul 30 (APP): Federal Minister for National Heritage and Culture Division, Aurangzeb Khan Khichi on Wednesday visited the RCCI Med Health Expo and Summit at the Pak-China Friendship Center in Islamabad, where he praised the efforts of the Rawalpindi Chamber of Commerce and Industry (RCCI) in promoting trade, especially in the pharmaceutical and medical sectors.He was warmly received by RCCI leadership including President Usman Shaukat, Senior Vice President Khalid Farooq Qazi, Vice President Fahad Barlas, and other executive members.
The minister toured various stalls showcasing pharmaceutical and healthcare products, commending the innovation and quality demonstrated by local companies.
Speaking to media representatives at the event, Minister Khichi congratulated RCCI for organizing the two-day expo and highlighted the growing recognition of Pakistani pharma companies at the international level. “The hard work of our companies is driving the nation toward progress. The government is making all-out efforts to elevate the pharmaceutical industry to international standards,” he said, expressing confidence that Pakistan’s pharma sector will emerge as a global leader in the coming years.
The Health Expo and Summit, organized by RCCI, has drawn substantial interest from government officials, foreign diplomats, and industry stakeholders. With over 25 stalls on display, the event aims to evaluate the export potential of Pakistan’s healthcare and pharmaceutical sectors while addressing industry-wide challenges.
RCCI President Usman Shaukat emphasized the country’s capability to produce high-quality generic medicines and underscored the sector’s significant export prospects. “Pakistan is known for manufacturing affordable, quality generic drugs, which are highly attractive to global markets,” he stated. However, he also pointed out key hurdles, including regulatory challenges, limited research and development, and stiff international competition, which must be addressed to realize the sector’s full potential.
Ambassador of Turkmenistan Atadjan Movlamov was also present on the occasion.