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Shaheed Major Abdullah honors pledge to lay down life for nation: Father

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PESHAWAR, Aug 08 (APP): From the pages of the history, it is evident that whenever required, the brave sons of our soil presented their blood for the cause of the nation and laid down their lives to safeguard their people from the nefarious designs of the anti-state elements.

Major Abdullah Shaheed was one of those brave and determined combatants who rendered his precious life to defeat the enemies of the state and uphold the tradition of safeguarding the soil of the motherland with his blood.

Hailing from Kohat district Major Abdullah sacrificed his life on 5th July, 2023 while fighting against terrorists in Khyber district.
Survived by two daughters and a widow, Major Abdullah had only one thing on his mind — that was to eliminate the terrorists from the motherland without carrying about any other thing.

“A straightforward man, Major Abdullah, in his life, always talked about protecting every inch of the motherland come what may and willed to even render his life for this cause, said the father of Shaheed Major.
He said Shaheed Abdullah was the son of the whole nation because he offered his life for the nation.

Major Abdullah, he said was a true Muslim and always honored his pledges, his father said adding that he (Abdullah) even honored his pledge to lay down life for the nation.

Lamenting the desecration of the monuments of the martyrs, he said those people were in fact mentally sick and did not know the status of a martyrs who laid down lives for their nation. “May Allah accept the Shahadat of my son”, the confident father prayed.

“What would be greater than that my brave son rendered his life for the prestige and security of the nation and his country”, he asked and added that “we did not mourn his death but felt proud to become the family of a martyr.

The proud father informed that during travelling Major Abdullah always observed fasting and used to say that don’t be worried if he died for the country.

The brother of the Shaheed Major said Abdullah was always there whenever he needed and he always consulted his Shaheed brother on every important matter. “My Shaheed brother was my best companion and partner”, he said.

“He was an admirer of Shahadat”, the brother of Major Abdullah Shaheed said and added that “I also want to achieve the great status of martyr of the nation.”
One of the nephews of Shaheed Major Abdullah said, Abdullah Shaheed treated us like a father and now we considered him like a beacon of life. “We will always follow what he taught us”, he said.

Chinese researchers find new potential anti-diabetic drug target

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BEIJING, Aug. 8 (APP): Researchers from China’s Peking University have found a new potential drug target for improving the effectiveness of diabetes treatment.

Bacteroides spp. microbial dipeptidyl peptidase 4 (DPP4) from the gut microbiota is believed to be an important therapeutic target for the management of type 2 diabetes, according to the researchers.

DPP4 can degrade the host’s glucagon and contribute to compromising glucose homeostasis, as indicated in the study published in Science on August 4.

The researchers also found that the enrichment of the peptidase in the host’s body will significantly reduce the clinical efficacy of Sitagliptin, a commonly used diabetes treatment medication, as Sitagliptin cannot inhibit the activity of DPP4 effectively.

Efforts are underway to seek methods to inhibit the enzyme activity of DPP4, which holds the potential to enhance the efficacy of existing medications and even discover new treatment approaches.

The discovery is expected to have significant implications for further understanding the pathogenesis of diabetes and for enhancing the efficacy of related drug treatments, according to the study.

Historic day as PM’s health card scheme for journalists, media workers, artists launched : Marriyum

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ISLAMABAD, Aug 8 (APP): Minister for Information and Broadcasting Marriyum Aurangzeb said on Tuesday that today was a historic day as for the first time, a health card facility was being launched for journalists, media workers and artists on the instructions of Prime Minister Shehbaz Sharif.

Addressing the launching ceremony of “Prime Minister’s National Health Program 2023 for journalists, media workers, artists and technical resources” here she said that it was the vision of Shehbaz Sharif as the opposition leader to set up a health insurance scheme for journalists and media workers.

Last week she said, the PM had witnessed the signing of the Memorandum of Understanding (MoU) between the Ministry of Information and Broadcasting and Pakistan State Life Insurance Corporation and today the scheme was formally launched.

She also congratulated Prime Minister Shehbaz Sharif for the implementation of his vision. She said that the other historic step being taken today launching of an app by the Ministry of Law and Justice which had digitalised all federal laws.

The minister thanked Secretary of Information and Broadcasting Sohail Ali Khan and Principal Information Officer Mubashar Hassan for their contribution to the launch of the health card scheme.

Prime Minister Shehbaz Sharif distributed health cards among the journalists and artists on the occasion.
The first health card was given to President Pakistan Federal Union of Journalists Afzal Butt, President PFUJ, Haji Nawaz Raza.

Besides, Prime Minister Shehbaz Sharif, Minister for Law and Justice Azam Nazir Tarar, Secretary of Information and Broadcasting Sohail Ali Khan, Principal Information Officer Mubashar Hassan and senior officials from the Ministry of Information and Broadcasting, Ministry of Law and Justice and a large number of journalists, media workers and artists were also present on the ceremony.

ANF arrests five accused with 207 kg drugs

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RAWALPINDI, Aug 08 (APP): Anti-Narcotics Force (ANF) while conducting three operations across the country managed to recovered over 207 kg drugs and arrested five accused, said an ANF Headquarters spokesman here on Tuesday.

He informed that in an operation, a raid was conducted on Motorway Toll Plaza Islamabad and ANF recovered 14.4 kg opium, 21.6 kg charras from secret cavities of two cars and also rounded up five drug smugglers, residents of district khyber.

In another operation on RCD Highway Lasbela near Al-Aziz Hotel, 162 kg charras was recovered from a bus. Charras was concealed in fuel tank of the bus.

In third operation, 9.6 kg charras was recovered from secret cavities of a vehicle intercepted on University Road Peshawar.

Separate cases have been registered against the accused while further investigations are under process, he added.

Rana Sanaullah condemns blasts

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ISLAMABAD, Aug 8 (APP): Federal Minister for Interior Rana Sanaullah has strongly condemned the blasts in South Waziristan and the Kech district of Balochistan.

The Minister in a statement has expressed his condolence to the families of the martyrs. “May Allah rest the souls of the martyrs in eternal peace and grant them the highest place in Jannah,” he prayed.

He said the cowardly acts of anti-national elements would not weaken our morale. “The security forces are fighting against the terrorists and the war against terrorism will continue until the complete elimination of terrorists,” he said.

PM pays tribute to Major Tufail Shaheed

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ISLAMABAD, Aug 08 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday paid tribute to Major Tufail Muhammad Shaheed Nishan-e-Haider on his martyrdom day.

He said Major Tufail Shaheed created an immortal story of protecting the motherland and fulfilling his duty with courage and bravery.

He said Major Tufail Shaheed did not even care about his life for the safety of the country.

The prime minister said the entire Pakistani nation pays homage to Major Tufail Shaheed for his sacrifice.

The nation, he said, was proud of the martyrs and will never forget the sacrifices of its martyrs and families for the country.

PM launches health program for journalists, digitizing of federal laws

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ISLAMABAD, Aug 08 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday launched the Prime Minister’s Health Program for Journalists, Media workers, Artists & Technical resources; and Pakistan code, digital repository of federal laws mobile app and webiste.

Under the health insurance card program, journalists, media workers, artists and technical resources will be able to get world-class health facilities free of charge in 1200 hospitals across the country with annual corporate health insurance worth Rs 1.5 million.

Likewise, with the Pakistan Code website and mobile app, judges, lawyers, legal experts, law students, government officials, and general public will be easily able to access all types of federal laws.

The prime minister on the occasion distributed health cards among prominent journalists including Afzal Butt, Nawaz Raza and others.

Addressing the ceremony, PM Shehbaz said for first time in history of the country, the government had launched such facility for the journalists and media workers who work in difficult situations.

PM launches health program for journalists, digitizing of federal laws
Prime Minister Muhammad Shehbaz Sharif distributing health insurance cards among the working journalists, media workers, artists & technical resource workers. Islamabad, August 8, 2023.

He congratulated Minister for Information Marriyam Aurangzeb and her team for their work to finalize this program.

He also felicitated minister for law and justice Azam Nazir Tarrar for his efforts in launching the mobile app and website.

Shehbaz Sharif also announced to establish special fund for the journalists and media workers under which Rs 4 million compensation amount would be paid to the families of the journalists and media workers who died in line with their duties. He said this amount would be increased gradually.

The prime minister said ever since he took over the charge in April 2022, he faced immense criticism from the journalists. However he did not complaint of any such criticism as he believed in freedom of media. He said the criticism should be constructive and based on facts.

Information Minister Marriyum Aurangzeb said the vision of Prime Minister Shehbaz Sharif as an opposition leader of providing maximum facilities to the journalists and media workers had been implemented.

China’s Ant Group to cut stake in India’s Paytm as investment climate worsens

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BEIJING, Aug. 8 (APP): China’s Ant Group, the fintech arm spun out of Alibaba Group, will reduce its stake in Indian fintech payment company Paytm to 13.5 percent from 23.8percent amid a worsening investment environment in the South Asian country.

The 10.3 percent stake, valued at about $628 million, will be transferred from Ant’s Netherlands company Antfin to a Netherlands group owned by Paytm’s founder and chief executive Vijay Shekhar Sharma.

The move comes as Chinese investment faces increasingly biased scrutiny by the Indian government.

In a similar case, Chinese electric vehicle maker BYD in July told its Indian joint-venture partner that it would shelve a $1 billion investment in an electric car factory as its proposal faced politically biased scrutiny from New Delhi, citing so-called security concerns.

The Indian government’s repeated malicious crackdown on Chinese companies has created a strong sense of insecurity among foreign enterprises. This reveals the exclusionary nature of India’s monopolistic capitalists, Liu Zongyi, secretary-general of the Research Center for China-South Asia Cooperation at the Shanghai Institutes for International Studies, told the Global Times.

Over the past two years, India has taken measures to block Chinese companies, including launching broad investigations into tax and income issues for Chinese companies operating in the country, banning more than 300 Chinese apps and tightening investment rules for Chinese companies.

Amid the drive by the US to “decouple” from China, India harbors the misconception that cracking down on Chinese companies could be an opportunity for its own development. However, “it is certain that India’s chances of success in this plan are close to zero,” Liu said.

The Indian manufacturing sector’s value-added as a share of GDP fell from about 16 percent in fiscal year 2015-16 to below 13.32 percent in fiscal year 2022-23, according to media reports.

Despite India’s welcoming words to foreign investment in recent years, its business environment remains far from satisfactory. Ideological considerations often take precedence, and many of its politicians lack sufficient knowledge of economic development, Liu noted.

Currency rates of NBP

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KARACHI, Aug 08 (APP): Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday.

CURRENCY SELLING BUYING
USD 290.73 284.48
GBP 370.83 362.78
EUR 319.33 313.02
JPY 2.0288 1.9851
SAR 77.59 75.74
AED 79.17 77.96

Exchange rates for currency notes

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KARACHI, Aug 08 (APP): CURRENCY SELLING BUYING
USD 290.73 284.48
GBP 370.83 362.78
EUR 319.33 313.02
JPY 2.0288 1.9851
SAR 77.59 75.74
AED 79.17 77.96

LIBOR
LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDS
LIBOR 1M 5.43172
LIBOR 3M 5.63219
LIBOR 6M 5.86245

US DOLLAR Indicative FBP Rates

CURRENCY SIGHT/ 15 DAYS 1M 2M 3M 4M 5M 6M

USD 286.58 285.83 283.66 281.22 278.44 275.80 274.25

EUR 314.98 314.42 312.48 310.25 307.64 305.38 304.13

GBP 365.50 364.58 361.85 358.73 355.19 351.92 349.89