Home Blog Page 13481

NBP exchange rates

0

KARACHI, Aug 08 (APP): Treasury Management Division of National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates.

URRENCY SYMBOL TT Selling TT Buying
U.S DOLLAR USD 287.85 287.35
EURO EUR 316.74 316.19
JAPANESE YEN JPY 2.0087 2.0052
BRITISH POUND GBP 367.16 366.52
SWISS FRANC CHF 329.34 328.77
CANADIAN DOLLAR CAD 214.96 214.59
AUSTRALIAN DOLAR AUD 188.54 188.22
SWEDISH KRONA SEK 27.26 27.21
NORWEGIAN KRONE NOK 28.25 28.20
DANISH KRONE DKK 42.43 42.36
NEWZEALAND DOLLAR NZD 175.16 174.85
SINGAPORE DOLLAR SGD 214.18 213.81
HONGKONG DOLLAR HKD 37.00 36.94
KOREAN WON KRW 0.2192 0.2188
CHINESE YUAN CNY 40.05 39.98
MALAYSIAN RINGGIT MYR 62.97 62.86
THAI BAHT THB 08.23 08.22
U.E.A DIRHAM AED 78.93 78.79
SAUDI RIYAL SAR 76.82 76.69
QATAR RIYAL QAR 79.10 78.96
KUWAITI DINAR KWD 937.32 935.69

CONVERSION RATE FOR FROZEN FCY DEPOSITS
USD 287.3116
GBP 365.9488
EUR 315.7267
JPY 2.0208

SETTLEMENT DATE: 10-08-2023

Pakistani franchise owner Kamran Awan sets sights on T10 league triumph in USA

0

ISLAMABAD, Aug 08 (APP): Muhammad Kamran Awan, a Pakistani entrepreneur and co-owner of the New York Warrior cricket franchise, has vowed to achieve success in the USA’s First-Ever T10 league and promote cricket as a prominent sport in America.

Kamran’s passion for promoting cricket as a prominent sport in the United States is evident through his unwavering commitment.

A group of trailblazing entrepreneurs, including Pakistani businessman Awan, along with Husnain Bajwa and two Indian-origin entrepreneurs, Preet Kamal and Gurmeet Singh, have created history by acquiring the New York Warriors cricket franchise in the USA’s inaugural T10 league.

The first-ever T Ten Global Sports, Master T10 League, is gearing up to begin in Broward County Stadium, Florida on August 18.

Six teams, namely Atlanta Fire, California Knights, Morrisville Unity, New Jersey Legends, New York Warriors, and Texas Chargers, will participate, featuring an exciting mix of retired cricket legends. Viewers can expect to be enthralled by this captivating event.

The league’s exciting action will culminate with the final match on August 27th.

The American shores have been electrified with the excitement of Pakistani, Indian cricket, as the T Ten Global Sports,
Master T10 League, boasts a star-studded lineup featuring renowned players like Shahid Afridi, Misbah Ul Haq, Kamran Akmal, Yuvraj Singh, Gautam Gambhir, Suresh Raina,

Robin Peterson, Jerome Taylor, Sohail Khan, Abdur Rehman, and Umaid Awan, along with promising young talents.
These renowned retired Indian and Pakistani cricketers will showcase their skills and excitement in this highly anticipated T10 competition, Awan told APP.

The New York Warriors cricket franchise is backed by a group of owners who have been residing in the USA for over two decades.

They aim to promote cricket, create growth opportunities for international players in the US sports market, and unite enthusiasts from both nations, Awan added.

“We have wholeheartedly embraced the world of sports, with cricket being our special focus. Our enthusiasm has led us to explore team ownership, aiming to foster the growth of cricket in the USA—a nation that has already achieved remarkable milestones in the world of sports,” Awan said.

Their strategy involves leveraging televised broadcasts and adopting a streamlined approach to reach a wider audience. With their debut in the inaugural T10 tournament, they aim to build a thriving cricket brand in the country.

Kamran Awan is determined to build a strong and successful cricket brand, bringing passion for the sport to the USA. His ultimate goal is to see cricket featured on American sports channels, allowing the American public to enjoy the game on their TV screens.

Beyond cricket promotion, Muhammad Kamran Awan’s endeavours extend to fostering cultural exchange, with co-owners actively supporting talented Pakistani cricketers to showcase their skills on the international stage. Their visionary and determined approach plays a crucial role in shaping Pakistan’s cricketing achievements in the United States.

Kamran’s deep-rooted passion for cricket since childhood has driven him to bring the sport into American homes. Through the franchise, he aspires to popularize cricket across America and create a favourite pastime. Additionally, this initiative opens doors for growth and publicity opportunities for international cricketers worldwide, making it a mutually beneficial endeavour in the vast American sports market.

Their collective ambition is to propel the team to great success in the realm of American cricket, promoting the sport and creating ample growth opportunities for international players within the USA’s sports market.

T10 cricket, also referred to as Ten10 cricket, is a shortened version of the game. In this format, two teams engage in a single innings, restricted to ten overs (60 legal balls) per side, making the game typically last around 90 minutes.

The T10 League in the United Arab Emirates introduced this format during its opening season in December 2017. In May 2020, the International Cricket Council (ICC) officially approved and sanctioned the league.
US Masters T10 League launched in Texas.

The T10 format has gained immense popularity in the USA, attracting legendary former cricketers to compete.

Armed Forces, Joint Chief alongwith Services Chiefs pay homage to Shaheed Major Tufail

0

RAWALPINDI, Aug 08 (APP): The Armed Forces of Pakistan, the Chairman Joint Chiefs of Staff Committee and Services Chiefs paid glowing tribute to Major Tufail Muhammad Shaheed, Nishan-e-Haider, on his 65th Shahadat Anniversary.

Major Tufail Muhammad, the second recipient of Nishan-e-Haider, embraced Shahadat while fighting gallantly at Lakshmipur sector in East Pakistan in 1958, an Inter Services Public Relations (ISPR) news release said.

The ISPR said Major Tufail Muhammad’s martyrdom anniversary serves as a powerful reminder of the extraordinary sacrifices made by the Armed Forces of Pakistan to defend the motherland.

“Let us remember these heroes who have laid down their lives in defence of our motherland. The nation is proud of its gallant sons,” it said.

ECC approves amendments in Transmission Line Policy 2015

0

ISLAMABAD, Aug 07 (APP): The Economic Coordination Committee (ECC) on Monday approved proposed amendments in the Transmission Line Policy 2015 (the TL Policy 2015) for inclusion of ancillary services projects in its scope.

The summary in this regard was forwarded by the summary of Ministry of Energy, which was considered and approved by the ECC meeting chaired by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar.

Federal Minister for Commerce Syed Naveed Qamar, Federal Minister for Power Khurram Dastgir Khan, Federal Minister for Information and Broadcasting Maryam Aurangzeb, Federal Minister for Industries and Production Makhdoom Syed Murtaza Mehmood, Minister of State for Petroleum Musadik Masood Malik, PM’s special assistants Tariq Bajwa and Tariq Mehmood Pasha, Coordinator to PM on Commerce & Industry Rana Ihsan Afzal, federal secretaries and other senior officers attended the meeting, a Finance Ministry press release said.

The ECC also considered a summary of Ministry of Energy regarding a contract with TAVNIR Iran for the purchase of 104MW electricity. It approved the amendments in the contract with TAVANIR related to extension of Tariff for existing supply of 104MW (Jackigur-Mand) from 1st January 2022 to 31st December 2024, negotiating tariff for additional supply (Polan-Gabd) and tariff agreed for additional supply of 100MW through Polan-Gabd Transmission Line from 16th March 2023 to 31st December 2024.

It approved another summary of the Energy Ministry regarding application of uniform tariff for KE consumers by way of tariff rationalization. The adjustments under the tariff rationalization would be applicable on the consumption of April, May, and June 2023 to be recovered from consumers in three months (July, August, and September 2023), respectively.

The ECC approved a summary of Finance Division regarding revision in Home Remittance Incentive Schemes. The approved proposal pertained to changes in the contours of six incentives schemes of the State Bank of Pakistan in order to improve the inflow of remittances, and to get optimal remittance inflow through formal channels.

The Committee considered the comprehensive report on damaged wheat of PASSCO due to rainfall and floods 2022 presented by Ministry of National Food Security & Research.

The summary of Ministry of Industries and Production regarding continuation of Prime Minister’s Relief Package of five essential items on subsidized rates through Utility Stores Corporation (USC) for FY 2023-24 for 10 months from 1st August, 2023 to 30th June, 2024 (excluding month of Ramzan) was also approved by the ECC, with the direction that there should be no increase in the price of Atta.

The ECC approved technical supplementary grants of Rs 3,000 million in favour of the Ministry of Information & Broadcasting for the Prime Minister’s Health Insurance Scheme for Media Workers, Journalists and Artists and Provisions of Film Finance Fund to MOIB; and Rs 500 million in favour of the Ministry of Defence for Defence Services for security related requirements of JSHQ, during FY 2023-24.

Wife, daughter appeal to UN Secretary General to save Yasin Malik from death

0

MUZAFFARABAD, Aug 7 (APP): Mushaal Hussein Mullick, wife of Yasin Malik and her daughter Raziyah Sultana Monday here presented a letter at office of United Nations Military Observer Group in India and Pakistan (UNMOGIP), appealing to the United Nations Secretary General Antonio Guterres to save the Kashmiri leader from capital punishment.

In the appeal to avert a murder in cold blood of Chairman Jammu and Kashmir Liberation Front Yasin Malik, her daughter said , “My father Yasin Malik, 57, is the face of Kashmir’s non violent political struggle, which stems from a resolution of the very organisation you hear today. He has given away his youth, his family, his health in belief that the people of Kashmir deserve, as the most basic human right, the right to self-determination.”

Wife, daughter appeal to UN Secretary General to save Yasin Malik from death

“For that he currently rots in a death cell of the notorious Tihar Jail in India since May 2019. It is four years of inhumane imprisonment with no rights of a fair trial. He has spent 25 such years in multiple Indian jails. Are we waiting for him to die and crown him Kashmir’s Mandela? I am practically an orphan and my mother is living the life of a widow,” the letter stated.

In a tweet Mushaal said, “Our 11 year old daughter Raziyah Sultan and I led a rally in Muzaffarabad today against the Capital Punishment Case of my jailed husband Kashmiri Hurriyat leader Mohammad Yasin in Delhi Court . Raziyah Sultan presented a letter appealing to save her papa from hanging at UNMOGIP office addressing to Sec General UN.”

Heatwaves, high temperatures threatening young lives in South Asia: UNICEF

0

UNITED NATIONS, Aug 07 (APP): Three-quarters of children in South Asia are already exposed to extreme high temperatures compared to only one in three globally, the UN Children’s Fund (UNICEF) said Monday, urging authorities to do more to help them beat the heat.

In parts of Pakistan’s Sindh province, including Jacobabad, the world’s hottest city in 2022, temperatures were in their 40’s in June, exposing 1.8 million people to severe short- and long-term health risks, UNICEF said.

The scorching heat came less than one year after the devastating floods which left most parts of the southern Sindh underwater in August 2022.

Even in the rainy season, the heat can exacerbate the situation for children, the UN agency said. Since children cannot adapt quickly to temperature changes, they are not able to remove excess heat from their bodies.

Overall UNICEF said it estimates that 76 per cent of children under 18 in the region – 460 million – are exposed to extreme high temperatures where 83 or more days in a year exceed 35° Celsius.

July was the hottest month ever recorded globally, raising further concerns about a future where children, including those living in South Asia, are expected to face more frequent and severe heatwaves, largely due to climate change.

“With the world at global boiling, the data clearly show that the lives and well-being of millions of children across South Asia are increasingly threatened by heat waves and high temperatures,” Sanjay Wijesekera, UNICEF Regional Director for South Asia, said in a statement.

According to UNICEF’s 2021 Children’s Climate Risk Index (CCRI), children in Afghanistan, Bangladesh, India, Maldives, and Pakistan are at ‘extremely high risk’ of the impacts of climate change.

“We are particularly concerned about babies, toddlers, malnourished children and pregnant women as they are most vulnerable to heat strokes and other serious effects,” Wijesekera added.

This can cause symptoms and illnesses such as higher body temperature, rapid heartbeat, cramps, severe headache, confusion, organ failure, dehydration, fainting and coma, in young children; poor mental development in infants; and developmental setbacks such as neurological dysfunction, and cardiovascular diseases, it was pointed out.

Early contractions, hypertension, seizures, high blood pressure, preterm births and stillbirths are risks for pregnant women, who are particularly susceptible to heat.

For young children, ice packs, fans or misting with water can help lower their body temperature, while cold water immersion can help older children.

During high temperatures, UNICEF urged frontline workers, parents, families, caregivers and local authorities to protect children and beat the heat by taking the following steps:

— Be aware of heat stress and protect yourself and your children. Take preventive measures and recognize heat stress and know what actions to take;
— Easily identify the symptoms. Recognize the symptoms of various heat-related illnesses that caregivers, communities and front-line workers need to know;
— Act immediately to protect. Learn the first-aid actions that caregivers and front-line workers need to take to rebalance body heat in the short term; and
— Take to a health facility. Front-line workers, families and caregivers should recognize the symptoms of heat stress symptoms immediately, especially signs of heat stroke, and help take affected people to a health facility.

Ultimately, the most vulnerable children, adolescents and women are the ones that pay the highest price for extreme weather events.

“Young children simply cannot handle the heat,” said Wijesekera. “Unless we act now, these children will continue to bear the brunt of more frequent and more severe heatwaves in the coming years, for no fault of theirs.”

Pakistan Navy war game Shamsheer-e-Bahr-IX commences at Karachi

0

RAWALPINDI, Aug 7 (APP): The Pakistan Navy War game SHAMSHEER-E-BAHR-IX commenced on Monday at Karachi, where Chairman Joint Chiefs of Staff Committee, General Sahir Shamshad Mirza attended the session as the Chief Guest.

According to the Inter Services Public Relations (ISPR) news release, Chief of Naval Staff Admiral Muhammad Amjad Khan Niazi along with senior military officers from all services were present at the occasion.