Home Blog Page 12453

NBP exchange rates

0
NBP

KARACHI, Mar 27 (APP): Treasury Management Division of the National Bank of Pakistan (NBP)on Monday issued the following exchange rates.

CURRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 283.65 283.15
EURO EUR 306.08 305.54
JAPANESE YEN JPY 2.1728 2.1690
BRITISH POUND GBP 347.28 346.67
SWISS FRANC CHF 308.95 308.41
CANADIAN DOLLAR CAD 206.66 206.30
AUSTRALIAN DOLAR AUD 188.87 188.54
SWEDISH KRONA SEK 27.36 27.31
NORWEGIAN KRONE NOK 27.09 27.05
DANISH KRONE DKK 41.00 40.93
NEWZEALAND DOLLAR NZD 176.20 175.89
SINGAPORE DOLLAR SGD 212.84 212.47
HONGKONG DOLLAR HKD 36.27 36.21
KOREAN WON KRW 0.2186 0.2182
CHINESE YUAN CNY 41.46 41.39
MALAYSIAN RINGGIT MYR 64.07 63.96
THAI BAHT THB 08.28 08.26
U.E.A DIRHAM AED 77.78 77.64
SAUDI RIYAL SAR 75.53 75.40
QATAR RIYAL QAR 77.94 77.80
KUWAITI DINAR KWD 927.96 926.33

CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 283.1266
GBP 347.5096
EUR 305.0972
JPY 2.137

SETTLEMENT DATE: 29-03 2023

APP/as/

Foreign exchange rates

0
Foreign exchange rates

KARACHI, Mar 27 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday.

CONVERSION RATES FOR MARCH 27, 2023 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS)

SBP SETTLEMENT VALUE DATE MARCH 29, 2023

USD 283.1266
GBP 347.5096
EUR 305.0972
JPY 2.1370

APP/as/

Rahul Gandhi’s expulsion from parliament ‘betrayal’ of Indian democracy: US Lawmaker

0
Rahul Gandhi's expulsion from parliament 'betrayal' of Indian democracy: US Lawmaker

WASHINGTON, Mar 27 (APP):A US congressman has termed Indian Congress Party leader Rahul Gandhi’s disqualification as a member of Parliament a “deep betrayal” of democracy, as he called on Prime Minister Narendra Modi “to reverse this decision.”

Rahul Gandhi lost his Lok Sabha seat after he was convicted by a lower court in a defamation case and sentenced to two years in jail. The disqualification will bar the Congress leader from contesting polls for eight years unless a higher court stays his conviction and sentence.

“The expulsion of Rahul Gandhi from parliament is a deep betrayal of Gandhian philosophy and India’s deepest values,” Congressman Ro Khanna, who is of Indian origin, said in a tweet.

“This is not what my grandfather sacrificed years in jail for,” Khanna said.

Khanna, who represents Silicon Valley in the US House of Representatives, has sought PM Modi’s intervention in this issue. “You have the power to reverse this decision for the sake of Indian democracy,” Khanna said in another tweet.

But so far there has been no official U.S. reaction to the move against Gandhi.

On Friday, the United Nations said it is aware of the reports about Congress leader Gandhi’s sentence and that his party plans to appeal the verdict.

Farhan Aziz Haq, the Deputy Spokesman for the UN Secretary-General, was responding to a question at a press briefing in New York on whether Guterres was worried about democracy in India.

“I can say that we’re aware of the reports regarding the case of Rahul Gandhi. We understand that his party does plan to appeal the decision. That’s as much as I can say on that at this stage,” Farhan Haq said.

In Washington, George Abraham, vice-chair of the Indian Overseas Congress, USA, termed Gandhi’s disqualification as a sad day for democracy in India.

“It is a sad day for democracy in India. By disqualifying Rahul Gandhi, Modi sarkar is ringing the death knell for the right to free speech and freedom of Indians everywhere,” Abraham was quoted as saying in media reports.

He said that bringing an insignificant court case against a remark in the heat of a political campaign is “shameful.”

Imran doesn’t have any plans to revive economy: Kaira

0

ISLAMABAD, Mar 26 (APP):Advisor to Prime Minister on Kashmir Affairs and Gilgit-Baltistan Qamar Zaman Kaira mocked Imran Khan on Sunday for his empty promises to resuscitate the economy and said that he had no strategy for doing so.

Speaking to a private news channel, he said that PTI leader Imran Khan had destroyed the economy under his party’s rule and had taken no action to improve it.

“Instead, he (Imran Khan) enraged the important allies, such as the USA, China, and IMF, with his juvenile politics and blunders in foreign policy, which together have a negative influence on the economy”, he added.

He further said that Imran Khan was willing to put Pakistan in danger because of its greed for power.

Kaira criticized the PTI’s policies for creating chaos and anarchy in the country and advised them to stop those activities for country’s sake.

Speaker National Assembly Raja Pervez Ashraf addressing the iftar dinner ceremony at Pakistan Sweet Home

0
Speaker National Assembly Raja Pervez Ashraf addressing the iftar dinner ceremony at Pakistan Sweet Home
APP50-260323 ISLAMABAD: March 26 - Speaker National Assembly Raja Pervez Ashraf addressing the iftar dinner ceremony at Pakistan Sweet Home. APP/MOS
<em>Speaker National Assembly Raja Pervez Ashraf addressing the iftar dinner ceremony at Pakistan Sweet Home</em>
APP50-260323 ISLAMABAD:
<em>Speaker National Assembly Raja Pervez Ashraf addressing the iftar dinner ceremony at Pakistan Sweet Home</em>
APP49-260323 ISLAMABAD: March 26 – Speaker National Assembly Raja Pervez Ashraf addressing the iftar dinner ceremony at Pakistan Sweet Home. APP/MOS

Marriyum grieved over demise of PID Protocol Officer’s sister

0
Marriyum grieved over sudden demise of ARY CEO’s daughter

ISLAMABAD, Mar 26 (APP): Minister for Information and Broadcasting Marriyum Aurangzeb on Sunday expressed deep grief and sorrow over demise of the sister of Maqbool Ahmed, Protocol Officer of the Press Information Department.

The minister, in a condolence message, prayed to Allah Almighty to rest the departed soul in eternal peace and grant courage to the bereaved family to bear the irreparable loss with fortitude.

Marriyum said she was saddened to hear the news about demise of Maqbool Ahmed’s sister.

NA Speaker lauds PSH as a model of welfare to be emulated

0
Speaker directs presence of senior officer of relevant ministry, deparment in NA during session

ISLAMABAD, Mar 26 (APP): National Assembly Speaker Raja Pervaiz Ashraf on Sunday emphasized the importance of serving humanity as the ultimate goal in life, stating that helping those in need brings blessings not just in this life, but also in the hereafter.

Addressing the annual fund raising ceremony at Pakistan Sweet Homes in Islamabad, Ashraf commended the tireless efforts of Zumurd Khan, the former MNA and Patron in Chief of Pakistan Sweet Homes Islamabad, for maintaining an exemplary model of a welfare organization that provides care and support to destitute children.

He encouraged people to support the organization and pledged his unwavering commitment to continue standing with Pakistan Sweet Homes.

The Speaker believes that Pakistan Sweet Homes will play a pivotal role in the history of Pakistan by nurturing these children in a way that will enable them to make a significant contribution to society.

Imran does not want elections, rather he wants selection again: Marriyum

0

LAHORE, Mar 26 (APP): Minister for Information and Broadcasting Marriyum Aurangzeb said on Sunday that Imran Khan was not interested in elections in the country, he actually wanted his selection as Prime Minister again.

Addressing a press conference here, she said that Imran’s Khan’s tamashas of cypher, long march, avoid the jail campaign, elections, Zaman Park, attacks and threats to the courts have reached their conclusion.

Marriyum said the people of Pakistan remember his tenure as a ‘black chapter in the history of the country as they were paying the price of Imran’s four year misrule which was marked by corruption, incompetence and inefficiency.

Pakistan Tehreek-e-Insaf Chairman Imran Khan did not have political issues, rather he was facing psychological problems.

She said last year Imran Khan had concocted the fake narrative of foreign conspiracy for toppling his government which was accepted by followers of his cult and PTI social media gang working from abroad claimed that imported government had been installed in Pakistan.

The narrative of international conspiracy started from cypher, blaming the United States, Nawaz Sharif, Shehbaz Sharif and then caretaker Punjab Chief Minister Mohsin Naqvi. Those who accused the US of conspiracy were now tendering apologies and seeking pardon, she said, ridiculing the PTI.

She wondered how the followers of PTI still believe in baseless allegations of Imran Khan. The minister said that yesterday the people of Lahore completely rejected Imran Khan and the PTI had to use old pictures and even Minar-e-Pakistan was removed from the pictures.

The minister said that on failure of the cypher narrative, Imran started a long march which was doomed while giving it Islamic touch, Jail Bharo movement was started after the long march disaster during which journalists and police personnel were martyred. The police officials were fired at from the houses of PTI leaders.

She said Imran was always ready to lead and address political rallies and marches but when the courts summoned him, he started making excuses of his old age, injury, diseases and above all threat to life.

The minister said that Imran, who refused to go to court, went to Minar-e-Pakistan to address a rally. She said he was neither sick, nor was he an elderly person, nor he faced any threat to life when going to address the rally but he will not go to court to face cases of foreign funding, Toshakhana and Tyrian Khan.

Marriyum Aurangzeb said that the constitution and law of the land could not follow the dictates of a person who had the mindset of a devil. She said terrorists were present in Zaman Park from where petrol bombs were thrown at police and slingshots and stones were used.

The minister said that if Imran wanted fresh elections, why did he dissolve the National Assembly after no-confidence motion was tabled and why did he force the Speaker, deputy speaker and even the president to violate the constitution?

Castigating Imran Khan’s so-called 10 point agenda, she said Imran Khan’s PTI ruled Khyber Pakhtunkhwa for ten years, it remained in power at Centre and Punjab for almost four years but set a record of bad governance and corruption.

Taking a jibe at Imran, she said he was supposed to revive the national economy through ‘buffalos and eggs’ but the country’s loans were nearly doubled in only 4 years’ time.

She said when Imran Khan, Bushra Bibi, Farah Gogi and other looters from PTI would be brought to book, rule of law would be established in Pakistan.

About Imran Khan’s claim of preparing a database of the poor, she said Benazir Income Support Program was a database which he shamelessly renamed as Ehsas program. She said if Imran would make a database, the beneficiaries would be Pinki Peerni, Farah Gogi and Shehzad Akbar etc.

She said during his tenure, Imran Khan only renamed the public welfare projects of the previous government. She said the PML-N health program was given the title of Health Insaf Card whereas PML-N youth programme was renamed as Kamyab Jawan programme but he could not run these programmes.

She said Imran claimed to provide 50,00,000 housing units to the poor segments of society and create 10 million jobs, but on the contrary, over 10 million people lost jobs during PTI rule and he failed to build housing units for the poor. She said that the house building scheme was taken over by Bushra Bibi through Al- Qadir Trust.

Instead Imran Khan plunged the national economy in the Tsunami of unemployment and inflation due
to which the common man suffered badly.

About Imran’s claims to control money laundering, she said that the PTI chairman should submit a reply to foreign funding case in the court, and the money laundering issue would get settled. She said it was ironic that a person who laundered money by using private jets was talking about controlling money laundering. She also said that Imran got approval from the cabinet to hand over $190 million public money to a private party.

She said when PML-N tenure ended in 2018, inflation related to edibles was only 2 percent and prices of wheat flour, sugar, ghee and cooking oil were controlled and tariffs of electricity and gas were reasonable despite IMF conditions.

When the PTI came to power, growth rate fell to below zero whereas the assets of Imran Khan and his cronies multiplied.

She said that the PML-N leadership, which really strived for development of the country, focused on the China Pakistan Economic Corridor, LNG terminals, road infrastructure projects, farm-to-market roads, mega projects for power generation during their tenure.

She said unlike PML-N achievements, Imran could not accomplish even a single mega project for the welfare of the people.

“Imran Khan during his tenure in power, only conspired against the country and its people and ruined its economy”, she said adding that the people of Pakistan were fully aware of Imran’s antics and they can no longer be befooled by Imran’s ten point agenda.

She said now Imran’s narrative has been buried and he was only trying to divert attention from the Toshakhana case, Tyrian White paternity issue and the foreign funding scam.

Lambasting Imran she said that Imran who committed robberies on the national exchequer during his rule and had given free hand to his cronies to loot and plunder, had the audacity to claim that he would bring all under the ambit of law. She said Imran used Zakat donations for political purposes and invested Shaukat Khanum Hospital charity money in the property business.

She said that PTI had claimed that the Minar-e-Pakistan rally was very successful but it had to delete old footage within minutes after uploading.

” Imran Khan has no option left as his politics, narrative and conspiracies had failed and he had been pleading to the Chief of Army Staff to give him time for meeting”.

Terming Imran as “Khatan Khan”, she said that he has been deceiving his own party leaders and workers by creating a narrative based on falsehood and lies.

Criticizing Imran, she said now he was talking about human rights violations, but he had forgotten how he treated his political opponents and media professionals during his rule.

She said during the PTI regime, media persons were attacked and kidnapped and he earned the infamous title of predator of media at international level.

She recalled that Imran Khan put his political opponents in death cells, not even sparing the sisters and daughters of political adversaries.

She said that Imran who kept Tayyaba Gul illegally confined in the PM House to blackmail the then Chairman NAB was now talking about human rights abuses.

She said that the United Nations and United States were fully aware of the track record of Imran Khan as Prime Minister on human rights. She said Imran Khan, who has been doing politics over the dead bodies of his party activists, was accusing the present government of committing rights violations which was incorrect.

She said that human rights organizations like Human Rights Watch were aware of Imran’s fascist mindset as he had jailed the entire opposition leadership and looted national exchequer, ruined the economy, made a compromise of Kashmir and deprived the people of employment, electricity and gas.

Replying to media persons’ questions, she said during the Imran era the political opponents were jailed first and then they were booked in fake cases, which were rejected by the courts. But the present government first held investigations, then cases were filed which were now in courts that had summoned Imran, but he was making lame excuses to avoid court cases. Imran should go to the courts and prove that he had done no money laundering in foreign funding case, he had not
committed any irregularities in the Toshakhana gifts case and he was not the father of Tyrian White.

She said the PML-N was the only party that revived the national economy in the past and it would again provide relief to the masses by overcoming inflation and unemployment.

To a question, she said that over 80 million people would benefit from the free flour supply scheme during Ramazan. She said that Prime Minister Shehbaz Sharif was himself monitoring the scheme.

The minister said that the government was taking steps to stabilize the price of wheat flour in the market as well.

Replying to another question, she said that Prime Minister Shehbaz Sharif had written a reply to President Arif Alvi’s letter. She questioned who was the president when the entire opposition leadership was sent to prison by Imran Khan and when Mir Shakeel was arrested and Matiullah Jan abducted and Absar Alam and Asad Toor attacked.

MQM-P leaders laments HESCO for power outages in Ramazan

0
MQM-P leaders laments HESCO for power outages in Ramazan

HYDERABAD, Mar 26 (APP):The Members National Assembly of the Muttahida Qaumi Movement-Pakistan (MQM-P) have deplored that Hyderabad Electric Supply Company (HESCO) was continuing power outages despite the holy month of Ramazan.

The MQM-P’s MNAs from Hyderabad Sabir Hussain Qaimkhani and Salahuddin
in a statement issued here on Sunday said the consumers were being
forced to go from one office to another without achieving any redress
for their complaints.

According to the MNAs, faults in the power cables and pole mounted
transformers frequently occur but the staff of HESCO take
unjustifiably long time to address those faults.

They said the staff takes weeks to replace or repair a defective transformer.

They said not only the outages were tormenting the people, the
consumers were also being served unjustified electricity bills along
with detection penalties.

The MNAs said the top officers of HESCO were often seen sitting in
their air-conditioned rooms not concerned about the plight of the
people.

They questioned why the recommendations about setting up a one window
service for correction of the bills is not being implemented.

Qaimkhani and Salahuddin also lamented that the gas load shedding and
low pressure was also troubling the citizens even in the holy month
of Ramazan.

They stated that they were receiving complaints from the citizens
about low pressure or gas outages during Sehri and Iftar timings.

The MNAs asked the officers of Sui Southern Gas Company (SSGC) to take
notice and address the problems.

Asad urges promotion of Tunneling industry in Pakistan

0
Asad urges promotion of Tunneling industry in Pakistan

ISLAMABAD, Mar 26 (APP): Federal Minister for Communications Maulana Asad Mehmood on Sunday emphasized on the need for Tunneling Institute of Pakistan (TIP), to better discern the scholars, practitioners and tunneling industry in the country.

The Minister appreciated the role of TIP and encouraged the officials to actively participate in the tunneling projects, said a press release.

During his visit to TIP, he said that such initiatives should be promoted at national and international levels and assured full cooperation of the Ministry of Communications.

Secretary Communications Captain (R) Khurram Agha, Inspector General Motorway Police Sultan Khawaja also accompanied the Federal Minister.

The TIP Official briefed the Minister regarding the newly constructed premises of the Tunneling Institute and the promotion of the tunneling profession in the country.