Author: newsdesk

  • Ahsan Khan- Sonam Bajwa photoshoot has fans enthralled

    Ahsan Khan- Sonam Bajwa photoshoot has fans enthralled

    Indian actress Sonam Bajwa and Pakistani actor Ahsan Khan grabbed everyone’s attention in an ad for a clothing brand called Mushq. The ad was for their special lawn collection named ,’Te Amo’, or My Love, in Italian .

    The internet loved the shoot, seeing the two heartthrobs together, looking absolutely stunning.
    The Mushq ad itself is wonderful, shot on location in dazzling sunlight and undulating greenery. It shows Ahsan as an artist who is fascinated by Sonam’s beauty. They’re shown walking and dancing together, with Sonam wearing lovely outfits from the collection. The ad, along with their playful video, has made them hot favorites on social media, and fans want to see more of them. Maybe a Pakistan-India collaboration in the future?

    Here are some fans reactions:

  • Establishment wants  government of its choice, says Maulana Fazlur Rehman

    Establishment wants  government of its choice, says Maulana Fazlur Rehman

    Jamiat Ulema-e-Islam-Fazl (JUI-F) chief, Maulana Fazlur Rehman, continues to be disgruntled after the 2024 nationwide elections, criticising the results. He predicted that the “system would collapse” because the establishment wants a government of its choice.

    While addressing a press conference in Peshawar on Tuesday, Maulana alleged that “the establishment wants assemblies and people in them of their choice.”

    “We received information before the elections that it has been decided to reduce the JUI-F’s inclusion [in the assemblies]. Different styles of rigging occurred in every polling station during the polls.”

    “If they think there was no rigging in the polls, then the May 9 narrative is apparently buried. They cannot run the country, and this system will collapse. Those who are sticking to the system will be crying in the coming days,” Fazl predicted.

    The JUI-F chief also said that there is no difference between the elections of 2018 and 2024, emphasising that a public representative should not be a “representative of the establishment.”

  • Watch: Drunk Pakistani passenger restrained in international flight

    Watch: Drunk Pakistani passenger restrained in international flight

    An unruly and drunk flyer on Sunday forced the cabin crew to physically restrain him using cable ties during an international flight from Dubai to Islamabad.
    The incident happened on an Emirates flight where a man’s behaviour was described by a witness as drunk and “extremely violent”, according to a US-based outlet. The individual was subdued by the crew initially but with help from fellow passengers, he was tackled to the ground.

    A video has emerged on social media platforms showing a restrained passenger in an airport wheelchair. The viral footage captures the individual’s attempt to headbutt a male flight crew member, who, along with another crew member, successfully pushes him to the floor. Subsequently, two male crew members hold the passenger down while two female flight attendants secure his legs using cable ties.

    In a post on X, a Pakistani journalist Amir Mateen shared details from a fellow passenger, describing the man’s aggressive behavior and subsequent restraint by the Emirates cabin crew. Mateen raised questions regarding the passenger’s release, suggesting potential connections enabling his departure despite the incident.

    “This happened in Dubai flight to Islamabad this morning. Sent by a passenger who remained terrified during the flight: “Drunk guy extremely violent. Restrained and handcuffed by Emirates cabin crew but I think Pak authorities let him go as he was well connected,” said Amir Mateen, who was a person on board.

    This incident adds to a series of similar occurrences in recent months, including a mid-air altercation on a Southwest Airlines flight in February and other incidents of disruptive behavior aboard flights.

  • Qalandars played bad cricket in all three areas, says team head coach Aqib Javeed

    Qalandars played bad cricket in all three areas, says team head coach Aqib Javeed

    Lahore Qalandars’ head coach Aqib Javed has criticised his team for playing bad cricket. “Multan Sultans had very limited players but despite that, they showed the best performance. Lahore team played very bad cricket today,” he remarked after yet another poor performance by the team.

    “Our team relies a lot on bowling. This year we lost due to incomplete bowling, Qalandars could not form a combination. Bowling and fielding looked off color, 200 runs are being made on Lahore pitch,” the irate former fast bowler said.

    “We have different variety of spinners, but when we don’t get wickets, things become difficult. We try different things, some efforts succeed, some failed against Sultans. Qalandars played bad cricket in all three areas, did not play cricket like they did in previous matches.”

  • PSL 9: Multan Sultans defeats Lahore Qalandars by 60 runs

    PSL 9: Multan Sultans defeats Lahore Qalandars by 60 runs

    In the 14th match of PSL 9, Multan Sultans defeated Lahore Qalandars by 60 runs, this is the sixth consecutive defeat of Qalandars in the event.

    Multan Sultans scored 214 runs for the loss of 4 wickets in the allotted overs and set Lahore Qalandars a target of 215 runs to win. After Muhammad Rizwan was dismissed for no runs, opener Usman Khan played a brilliant innings of 96 runs and played an important role in taking the team’s total to 211 runs.

    Iftikhar Ahmed remained not out by scoring 40 runs off 18 balls, Reza Hendricks also scored 40 runs.

    Chasing 215 runs by Multan Sultans, Qalandar’s team collapsed on 154 runs in 17 overs. Sahibzada Farhan was prominent by scoring 31 runs, van der Dusen returned to the pavilion by scoring 30 runs.

    Fakhar Zaman was dismissed on 23 runs, Kamran Ghulam scored 12 runs, Sikandar Raza was also a guest for 17 runs, captain Shaheen Shah Afridi scored 9 runs.

    Leg-spinner Usama Mir took 6 wickets for Sultans and became the first spinner to take 6 wickets in PSL.

  • ‘Cringe’; Maryam Nawaz slammed for adjusting police officer’s dupatta

    ‘Cringe’; Maryam Nawaz slammed for adjusting police officer’s dupatta

    Maryam Nawaz, the Vice-president of Pakistan Muslim League-Nawaz (PML-N) and newly appointed Chief Minister of Punjab, has managed to land into controversy on her second day on the job.

    A video posted on X (formerly Twitter) by an account claiming to be Team MNS shared a video of Maryam listening to a female police officer showing her something on a computer screen. While the officer is talking, her dupatta slips off her head. Maryam Nawaz then puts the dupatta back on her head.

    The account wrote: “CM Maryam Nawaz Sharif’s act of adjusting a police officer’s dupatta is a powerful reminder that leadership is about compassion and understanding.”

    The video, posted on Tuesday evening, has set off a furious debate with many people finding the gesture cringe inducing and an invasion into the police officer’s personal space.

    We at The Current agree that the gesture is indeed an invasion of personal space, and just a few days after the Ichra incident, completely unnecessary. The police officer performs serious duties, we are quite sure she can take care of her dupatta herself.

  • Nepra approves Rs7.056 per unit hike for power consumers

    Nepra approves Rs7.056 per unit hike for power consumers

    In a setback for the already burdened public grappling with inflation, the National Electric Power Regulatory Authority (Nepra) has greenlit a fuel cost adjustment, paving the way for a Rs7.0562 per unit increase in tariffs for March 2024.

    This decision grants state-run power distribution companies the authority to impose additional charges, projecting a staggering financial burden of around Rs56 billion on consumers.

    This figure could potentially soar to nearly Rs66 billion, taking into account the 18 per cent general sales tax (GST).

    It’s important to note that this tariff adjustment is applicable across all consumer categories, except for electric vehicle charging stations (EVCS) and lifeline consumers.

    The Central Power Purchasing Agency (CPPA), representing the distribution companies, had initially sought Rs7.13 per unit in its petition.

    Earlier this month, The News highlighted the plea from ex-Wapda distribution companies (XWDiscos) seeking Nepra’s approval for the Rs7.13 per unit increase.

    This was attributed to a significant drop in hydropower production and systemic constraints, such as the incapacity of the high-voltage direct current (HVDC) transmission line to efficiently transport economically viable power from southern producers to the north.

    Amidst these developments, commentators express concern over the substantial surge in fuel costs, reaching Rs14.6206/kWh for January 2024.

    In response, Nepra has taken decisive action, initiating an investigation under Section 27-A of the NEPRA Act to uncover the reasons behind this significant fuel cost, as claimed by CPPA-G for January 2024.

  • Daraz Group plans layoffs amid market challenges

    Daraz Group plans layoffs amid market challenges

    In an internal communication obtained by Reuters on Tuesday, Alibaba-owned e-commerce platform Daraz Group revealed its decision to implement layoffs across the company.

    Acting CEO James Dong stated that the move aims to “adopt a more streamlined and agile structure” to address challenges faced by the company in the market.

    While the memo did not specify the exact number of individuals affected by the layoffs, it acknowledged the necessity of saying farewell to numerous valued members of the Daraz family.

    The company, operating in Pakistan, Bangladesh, Nepal, Sri Lanka, and Myanmar, declined to provide details on the percentage or absolute number of employees impacted.

    Last year, Daraz employed 3,000 individuals globally. However, the company had to reduce its workforce by 11% due to various challenges, including difficult market conditions, the Ukraine crisis, supply chain disruptions, inflation, higher taxes, and reduced government subsidies.

    James Dong emphasised the group’s commitment to addressing the market’s unprecedented challenges and stated, “Despite our efforts to explore different solutions, our cost structure continues to fall short of our financial targets. Facing unprecedented challenges in the market, we must take swift action to ensure our company’s long-term sustainability and continued growth.”

    Dong outlined the group’s strategy moving forward, highlighting a focus on improving the consumer experience.

    This involves diversifying the offerings of value-for-money products, expanding product categories, and enhancing the operational efficiency of sellers on the Daraz platform.

    The company, founded in Pakistan in 2012 as an online fashion retailer, was acquired by Chinese internet giant Alibaba in 2018. James Dong assumed the role of acting CEO in January, succeeding outgoing CEO Bjarke Mikkelsen.

    Mikkelsen had previously noted that Pakistan and Bangladesh are the group’s largest markets.

    Daraz Group, encompassing e-commerce, logistics, payment infrastructure, and financial services, serves more than 30 million shoppers, boasts 200,000 active sellers, and collaborates with over 100,000 brands, according to company statements provided to Reuters.

  • Moody’s cautions on Pakistan’s fiscal challenges despite recent stability

    Moody’s cautions on Pakistan’s fiscal challenges despite recent stability

    Moody’s Investors Service, a global credit rating agency, stated on Tuesday that Pakistan’s credit rating could see an upgrade if the government successfully reduces liquidity and external vulnerability risks.

    Despite this potential, Moody’s maintained Pakistan’s credit rating at ‘Caa3’ for long-term issuer rating with a stable outlook in its periodic review.

    The credit profile of Pakistan reflects significant liquidity and external vulnerability risks, attributed to low foreign exchange reserves insufficient to meet high external financing needs in the near to medium term, according to Moody’s.

    The agency also highlighted the country’s very weak fiscal strength and elevated political risks as constraints on its credit profile.

    Moody’s expressed uncertainty regarding the new government’s ability to swiftly negotiate a new International Monetary Fund (IMF) programme after the ongoing programme concludes in April.

    While acknowledging Pakistan’s large economy and moderate growth potential, the agency emphasized the nation’s high liquidity and external vulnerability risks, despite economic stability maintained by the caretaker government and recent reforms.

    The agency recognised the government’s efforts to unlock financing from the IMF and other partners, resulting in a modest accumulation of foreign exchange reserves.

    However, it cautioned that, despite meeting external debt obligations for the fiscal year ending June 2024, there is limited visibility on sources of financing to address high external financing needs post-the current IMF stand-by arrangement.

    Moody’s rationale for the stable outlook at the Caa3 rating level is based on the assessment that pressures on Pakistan align with this rating, with broadly balanced risks.

    The agency suggested that continued IMF engagement beyond the current programme could attract additional financing from other partners, reducing default risk.

    Nonetheless, it emphasised the substantial external financing required and low reserve position, indicating potential default risks with funding delays.

    Moody’s indicated that an upgrade in Pakistan’s rating could occur with a substantial and sustained reduction in liquidity and external vulnerability risks, coupled with increased foreign exchange reserves and fiscal consolidation.

    Conversely, a downgrade might be likely if Pakistan defaults on debt obligations with significant losses to creditors.

    The agency expressed uncertainty regarding the new government’s ability to negotiate a new IMF programme swiftly after the ongoing one expires in April, citing high political risks following the controversial general elections held on February 8, 2024.

    Moody’s warned that without a new programme, Pakistan’s ability to secure loans from other partners would be severely constrained.