Author: newsdesk

  • Hollywood team visits Pakistan to shoot film on country’s culture

    Hollywood team visits Pakistan to shoot film on country’s culture

    Federal Minister for Information and Broadcasting Attaullah Tarar said on Wednesday that the production of a Hollywood film on Pakistan’s culture will give people around the world an opportunity to know more about the country and highlight its soft and positive image.
    During a meeting with the members of the Hollywood production team visiting Pakistan to shoot an international film on Pakistani culture, the minister remarked that the film, produced by the Hollywood production team, would represent a significant milestone for the Pakistani film industry.

    Discussions were held regarding the great cultural heritage and history of the country. The minister also apprised the production team about the progress in the film industry in the country.
    Attaullah Tarar thanked the Hollywood production team, stating, “It is a big honour for our culture and people.”

    “Our history, literature, music, and art are unique and appreciated worldwide,”
    The minister said, “I believed that this film would give the world a new opportunity to see the beauty and diversity of Pakistan.
    He clarified the government’s efforts to revive the film industry while claiming that it was the only one in Pakistan to receive tax amnesty.

    Attaullah Tarar also said, “The film policy was reinstated during the previous term of the government led by Shehbaz Sharif.”

    . He said, “A film finance fund of rupees one billion was established in the 2022-23 budget, which has greatly benefited the film industry and its related sectors.”

    Additionally, the govt introduced medical insurance for artists and tax incentives for filmmakers, which has further boosted the industry. In the 2022-23 budget, the govt also granted a five-year tax exemption to filmmakers and a five-year income tax exemption on the establishment of new film-related businesses.

  • Father, son found dead in Lahore hotel

    Father, son found dead in Lahore hotel

    The bodies of a 32-year-old father and his five-year-old son were recovered from a private hotel room in Naulkha area of Lahore.

    Danish had booked a hotel room with his son Ayaan, but when he did not come out of the room, the hotel management contacted the police.

    Police say that when they entered the room, the child was dead while Danish’s body was hanging from the fan.

    Dawn News has reported that the father killed his son first and then himself because of poverty and unfavourable circumstances. The family has decided against registering the case but police and forensic teams have collected the evidence and the case is under investigation.

  • Pakistan’s debt climbs by Rs276.55 billion to Rs4.78 trillion

    Pakistan’s debt climbs by Rs276.55 billion to Rs4.78 trillion

    Pakistan’s government incurred an additional debt of Rs276.55 billion during the week ending April 26, 2024, according to the State Bank of Pakistan’s weekly report.

    This brings the total net borrowing for the current fiscal year to a staggering Rs4.78 trillion, underscoring a trend of elevated borrowings compared to previous years.

    The government sector’s borrowings are categorised into three main segments: budgetary support, commodity operations, and others.

    During the latest week, the bulk of the borrowing went towards budgetary support, which accounted for Rs230.84 billion.

    Meanwhile, commodity operations contributed Rs45.76 billion to the debt increase, while the “others” category saw a retirement of Rs54.82 million.

    Looking at the cumulative figures for the ongoing fiscal year, budgetary support borrowings have now reached Rs5.07 trillion, with commodity operations showing a net retirement of Rs283.57 billion, and others indicating a net retirement of Rs2.64 billion.

    The government’s financing primarily comes from two sources: the State Bank of Pakistan (SBP) and scheduled banks.

    This fiscal year, the government has paid off a net sum of Rs735.22 billion to the SBP, with the Federal Government contributing Rs425.15 billion to the total.

    Provincial governments collectively retired Rs294.54 billion, while the governments of Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB) retired Rs17.89 billion and borrowed Rs2.36 billion, respectively.

    In contrast, scheduled banks have lent out a net total of Rs5.8 trillion. Of this amount, the federal government borrowed Rs5.96 trillion, while the provincial governments retired Rs159.99 billion.

    These figures point to the government’s continued reliance on borrowing to manage fiscal operations.

    Analysts are concerned about the sustainability of this trend, suggesting that it could pose risks to the country’s economic stability if not carefully managed.

  • Gold price drops by Rs800 to Rs239,200 per tola

    Gold price drops by Rs800 to Rs239,200 per tola

    Gold prices in Pakistan continued their downward trend on Wednesday, with 24-karat gold losing Rs800 per tola and settling at Rs239,200.

    This drop follows a significant decline over the past two weeks, during which the price of 24-karat gold fell by Rs6,400 last week, bringing the total decrease to Rs14,200 per tola, a cumulative reduction of 5.63 per cent.

    According to the Karachi Sarafa Association, the price of 24-karat gold for 10 grammes dropped to Rs205,075, a decrease of Rs686 from the previous day. The price of 22-karat gold also decreased, with the 10-gramme rate quoted at Rs187,986.

    In contrast, silver prices remained steady in the domestic market. The price of 24-karat silver was unchanged at Rs2,620 per tola and Rs2,254.8 per 10-gramme.

    In the global market, spot gold continued to show weakness. It was trading near $2,311.76 an ounce, a decrease of 0.10 per cent compared to the previous close. This international dip contributed to the downward pressure on domestic gold prices.

    The recent declines in gold prices in Pakistan reflect broader trends in the international market, influenced by factors such as currency fluctuations, changes in demand, and global economic uncertainty.

    As a result, investors and consumers are keeping a close eye on these trends, watching for signs of further volatility or stability in the precious metals market.

  • Superstars Sheheryar Munawar and Ushna Shah to star together for the first time in an ARY Drama

    Superstars Sheheryar Munawar and Ushna Shah to star together for the first time in an ARY Drama

    Pakistan’s on-screen sweethearts Sheheryar Munawar and Ushna Shah are coming together in an upcoming drama serial.
    According to media reports, Ushna Shah and Sheheryar Munawar are set to collaborate for the first time in their careers.
    The drama will be air on ARY Digital.

    While more details regarding the additional cast and crew of the project are to be revealed, it has been learnt that the drama is being directed by Qasim Ali Mureed, of ‘Tich Button’, ‘Jaan-e-Jahan’, ‘Mere Humsafar’ and ‘Prem Gali’ fame.

    The upcoming play for ARY Digital is backed by Humayun Saeed and Shahzad Nasib’s production banner Six Sigma Plus.
    Ushna Shah recently starred in the drama serial ‘Habs’, co-starring Feroze Khan, whereas, Sheheryar Munawar is currently receiving praise for his performance in on-going drama ‘Radd’, after winning over the audience in the hit ‘Kuch Ankahi’.

  • Khan is being misguided by current leadership: Sher Afzal refuses to work with Omar Ayub, Shibli Faraz

    Khan is being misguided by current leadership: Sher Afzal refuses to work with Omar Ayub, Shibli Faraz

    Sher Afzal Marwat, a prominent Pakistan Tehreek-e-Insaf leader, criticised the current leadership of PTI, calling out Omar Ayub and Shibli Faraz alleging that they, along with the jail superintendent, did not let him meet Imran Khan in Adiala Jail.

    Marwat said that these PTI leaders were trying to take the Public Accounts Committee chairmanship from him, “At first, Omar Ayub and Shibli Faraz told Imran Khan that N-league has refused to accept my name. When N-league leaders denied this narrative then two days ago Shibli Faraz told Imran Khan that Saudis have objected to my nomination as the chairman of PAC.”

    Marwat stated that he doesn’t want to be part of any chairmanship that Saudi authorities can object to. “I didn’t have any personal agenda but only struggled for Imran Khan. Imran Khan has been severely misguided.”

    “Isn’t it demeaning to be nominated for the PAC for two months, only to be informed suddenly that the Saudi ambassador has opposed this nomination, and you’re no longer being considered?” he questioned reporters outside Adiala Jail.

    It should be noted that last month, Marwat alleged that Saudi Arabia played a role in Imran Khan’s ouster in 2022, “This regime change operation took place due to cooperation between the two countries Saudi Arabia and America. Saudis played the role of a conduit in the regime change.”

  • Rashke Qamar; Pakistani satellite reaches moon’s orbit

    Rashke Qamar; Pakistani satellite reaches moon’s orbit

    Pakistan’s first satellite iCube Qamar has reached the lunar orbit. The satellite is performing as designed after reaching the orbit. The first image of the moon from iCube Qamar will be received on May 15 or 16.

    The iCube was launched into lunar orbit by China’s Chang’e-six shuttle. IQBQ’s core team was also present at the Chinese control center. The team monitored scenes from the control center as they reached the lunar orbit.

    According to spokesperson SUPARCO data from all satellite subsystems are giving excellent results. The iCube Qamar’s imaging payload is also fully functional. The iCube will receive the first image from Qamar on May 16. For seven days, verification of the planet’s control subsystems will continue.

  • Don’t use force against protesting lawyers in Lahore, Maryam Nawaz directs IG Punjab

    Don’t use force against protesting lawyers in Lahore, Maryam Nawaz directs IG Punjab

    The police clashed with lawyers on Wednesday at Lahore’s GPO Chowk, as the black coats organised a protest rally and tried to enter the Lahore High Court (LHC).

    The lawyers are protesting against the division of civil courts and terrorism cases against their colleagues.

    Chief Minister of Punjab Maryam Nawaz said that she directed Inspector General (IG) Dr Usman to avoid using force against protesting lawyers.

    “Lawyers must also resolve their matters with LHC amicably. For the safety of the citizens of Lahore, confrontation should be avoided,” she said in a post on X.

    However, Lahore High Court Bar Association (LHCBA) president Asad Butt said while talking to Dawn News that the lawyers will continue to protest until their demands are met.

  • Controversy around Bushra Ansari’s dialogue in punjabi web series, sparks gender debate

    Controversy around Bushra Ansari’s dialogue in punjabi web series, sparks gender debate

    Veteran actor Bushra Ansari is facing social media backlash for her dialogue in an international Web Series “Our Big Punjabi Family”.
    Although the web series was released last year, recently, a social media clip from the web series featuring Ansari’s dialogue has gone viral. In the clip, Ansari refers to a transgender girl, who is in the kitchen when another character in the show asks Ansari why she is being so nice to the girl. Ansari says, “call her “they”or “them,” referring to pronouns that people can select for themselves.

    . The dialogue sparked a debate among fans, with some criticising Ansari for ‘clearly promoting an LGBTQ agenda by working in LGBTQ pro-content’. Some Pakistani fans are expressing their anger while others are applauding Ansari for taking on the role and promoting tolerance, with some fans saying ‘Love this and its about time’.

  • The Crown is coming to Pakistan, Dar confirms

    The Crown is coming to Pakistan, Dar confirms

    The deputy prime minister and foreign minister, Ishaq Dar, said on Wednesday that Saudi Crown Prince Muhammad Bin Salman is likely to visit Pakistan soon. Dar confirmed that the date of the Saudi Prince’s visit will be finalised this month.

    “InshaAllah, the visit is due [and] I believe we may receive final dates [of the visit from Saudi Arabia] anytime in May,” Dar said while addressing the media at the Ministry of Foreign Affairs in Islamabad on Tuesday.

    The Saudi crown prince, also known as MBS, will visit Pakistan for the first time in five years. His last visit to the country was in February 2019, when Imran Khan was prime minister.

    The deputy prime minister mentioned that during a recent meeting in Makkah, Pakistan’s delegation met with the Saudi crown prince. He assured Prime Minister Shehbaz Sharif that he will visit Pakistan soon.