Peshawar: The Khyber Pakhtunkhwa government has decided to rename the Arbab Niaz Cricket Stadium in the provincial capital, Peshawar, after Imran Khan. According to sources, the provincial government has planned to dedicate the stadium to former Prime Minister and cricket legend Imran Khan. The Sports Department has prepared a summary recommending that the stadium be renamed Imran Khan Cricket Stadium. This proposal will be presented in the provincial cabinet meeting tomorrow, where its approval is highly anticipated. Meanwhile, the construction cost of Arbab Niaz Cricket Stadium has seen a significant rise over the years. Initially, in 2018, the estimated cost…
Author: Web Desk
No blender is necessary for this simple process, making it easy to prepare. Additionally, essential oils like lavender and castor oil can be added to enhance its calming effects. This juice is particularly beneficial for individuals experiencing high levels of stress or struggling with sleep issues. Applying bottle gourd juice or its infused oil to areas like the neck, forehead, temples, and even the soles of the feet can help reduce stress and promote a peaceful night’s sleep. It also serves as a natural alternative for those who prefer to avoid medications for depression or sleep disorders. Regular consumption of…
The UK government has announced a decade-long study to examine the long-term effects of vaping on children. The study will track 100,000 individuals, including children as young as eight, to assess the impact on health and behavior. With the rising trend of vaping among children, the government has been enforcing stricter regulations. Estimates suggest that one in four children aged 11 to 15 has tried vaping. To counter this issue, a ban on disposable vapes—sold for as little as five pounds—will take effect in June. Additionally, the Tobacco and Vapes Bill, currently under parliamentary review, will restrict flavors and packaging…
Federal Minister for Finance Muhammad Aurangzeb announced on Thursday that artificial intelligence (AI) will be used to enhance tax collection. Speaking at the conference “Retail Reimagined: Innovate, Collaborate & Thrive,” organized by the Pakistan Retail Business Council (PRBC), the minister highlighted concerns over the retail sector’s minimal tax contribution. Despite contributing 19% to GDP, the retail sector pays only 1% in taxes. He emphasized that the disproportionate tax burden on manufacturing, services, and salaried individuals is unsustainable. “We need to bring agriculture, real estate, retail, and wholesale sectors into the tax net,” he stated, praising provincial governments for imposing agricultural…
The capital market witnessed a sharp rally on Thursday, extending its bullish momentum as strong earnings reports from the cement, banking, and pharmaceutical sectors fueled aggressive buying. Investor confidence surged as these sectors saw significant capital inflows, while other segments remained largely stable. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index gained 396.72 points (0.35%), closing at 113,739.15 points. Reflecting renewed optimism, the market surged to an intraday high of 114,202.13 points before profit-taking brought it down to a session low of 113,525.89 points. Ahfaz Mustafa, CEO of Ismail Iqbal Securities, attributed the market’s gains to strong corporate earnings. He…
Washington: The European Union’s trade chief stated on Wednesday that the bloc will act “firmly and swiftly” to protect its interests if the United States imposes tariffs on EU goods, firmly rejecting President Donald Trump’s claim that US trade relations with the EU are unfair. “It is the very definition of a win-win partnership, and there is nothing unfair,” Maros Sefcovic added, as Europe prepares for heightened tariff tensions with the United States. Speaking at the American Enterprise Institute on Wednesday, Sefcovic said the EU sees “no justification for sudden, unilateral tariff increases” by the United States, adding that businesses…
The stock market recorded modest gains on Wednesday, driven by strong foreign investment inflows, rising global crude oil prices, and heightened expectations of further monetary easing by the State Bank of Pakistan (SBP). The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index rose by 253.96 points (0.22%) to close at 113,342.43, up from its previous close of 113,088.47. The index touched an intraday high of 114,029.75, while the session’s lowest level was recorded at 113,060.25. “World Bank (WB) support for the privatization of state-owned enterprises (SOEs), a pledge of over $40 billion in investment, and WB’s praise for the government’s commitment…
Islamabad: The federal government has taken notice of the unauthorized salary hike by the National Electric Power Regulatory Authority (NEPRA) and has issued a show-cause notice, seeking clarification on the decision to increase salaries without cabinet approval. During a meeting of the Senate Standing Committee on Cabinet Secretariat, chaired by Rana Mahmood-ul-Hassan, government officials confirmed that NEPRA had been served the notice over the unauthorized salary hike. The chairman and members of the national power regulatory authority had nearly tripled their salaries without obtaining the necessary approval from the federal cabinet. According to sources, any salary increase requires cabinet approval,…
Microsoft has unveiled its first quantum computing chip, Majorana 1, which could bring the tech industry closer to the era of quantum computers. What is a Quantum Computing Chip? A quantum chip is a small hardware component that processes information and performs calculations using quantum mechanics principles. This makes it significantly faster and more powerful than traditional chips. This breakthrough comes after nearly two decades of research, as Microsoft revealed that creating Majorana 1 required the formation of an entirely new state of matter, called a “topological state.” A New State of Matter: Topological State A topological state is a…
Prime Minister Shehbaz Sharif announced on Wednesday that the government is actively working towards regulating digital currencies, recognizing their increasing role in the global financial system. Digital Currency Regulation Under Review During a meeting of the Economic Advisory Council (EAC), the prime minister stated that consultations are ongoing to evaluate both the benefits and risks associated with digital currencies. A source from the Prime Minister’s Office (PMO) revealed that Mr. Shehbaz believes the world is shifting towards digital transactions, making it crucial for Pakistan to proceed with caution before implementing regulations. Government’s Economic Strategy EAC members expressed confidence in the…
