Blog

  • National Highway Authority increases toll tax

    The National Highway Authority (NHA) has issued a notification on increase in toll tax.

    According to the notification, toll tax for cars has been increased from Rs 30 to Rs 40, for wagons from Rs 50 to Rs 70, and for buses from Rs 100 to Rs 130.

    The toll tax for articulated trucks has been increased from Rs 250 to Rs 350, an increase of Rs 100.

    The toll tax on the Lahore to Abdul Hakeem Motorway (M3) has been increased to Rs 500 for cars, Rs 750 for wagons, and Rs 2,500 for trucks.

    On the Faisalabad to Multan Motorway (M4), the toll tax for cars has been increased to Rs 650, for wagons to Rs 1,000, and for trucks to Rs 3,200.

    The toll tax on the M5 motorway has been fixed at Rs 900 for cars, Rs 1,300 for wagons, and Rs 4,500 for trucks.

  • Panicked govt brought students back from Kyrgyzstan over fake news, says journalist Azaz Syed

    Panicked govt brought students back from Kyrgyzstan over fake news, says journalist Azaz Syed

    Journalist Azaz Syed in his political talk show ‘Talk Shock’ recently revealed that the government of Pakistan spent hundreds of thousands of dollars to bring back students from Kyrgyzstan over “fake news and propaganda” while no other country did that.

    Syed said, “A panic spread over social media over fake news due to which students got scared and the government also panicked even though the Pakistani Ambassador over there insisted that students are safe.”

    “PM Shehbaz ordered the evacuation plan for students due to which 12 chartered planes were organized,” said The News journalist.

    Azaz added that the government government paid fines for the few illegal migrants that were present in Kyrgyzstan. “More than four thousand people returned and many of them had no money to travel further in Pakistan or to eat, so the government made those arrangements as well.”

    Azaz noted, “All of this over fake news. Look at India, their embassy released a press release for students to stay there because there are no threats. Almost 19,000 Indian students are present there and multiple other foreign citizens were also there and none of them returned.”

    He further said that most of the Pakistani students who returned “were in their initial study years while those doing their house job or final exams before graduation are still there.”

    “How will the returned students continue their studies now?” asked Azaz Syed.

    Fakhar Durrani, another senior journalist with The News, stated, “There was intense pressure on the government by PTI propaganda online that they completely panicked.”

  • Humaima Malick and Shaan Shahid set to sparkle on-screen again

    Humaima Malick and Shaan Shahid set to sparkle on-screen again

    Superstar Shaan Shahid’s new spy thriller movie, ‘Red, White, and Green,’ will feature his old co-star Humaima Malick, as per an Instagram story shared by the ‘Legend of Maula Jatt’ actress.

    Shaan is going to direct and act in a new movie about spy agencies in Pakistan and the US. He’ll star alongside Humaima, Mohib Mirza, and Uzma Khan. We don’t know when it’s coming out yet, but fans are excited for Shaan’s comeback.

    It’s the second time he’s teaming up with Humaima and Mohib after their work together in ‘Arth’ back in 2017.’

    Arth’ was quite different, focusing on love, betrayal, and self-discovery. Shaan played Ali, who gets involved with Humaima’s character, Umaima, while Mohib’s character, Umer, supports Ali’s wife.

    ‘Arth’ wrapped up with a positive vibe, telling a touching story about love, betrayal, and finding redemption. It showed how important it is to respect yourself and grow personally. Now, we’re waiting to see if ‘Red, White, and Green’ can capture that same hopeful feeling with its mix of action and drama.

  • Modi’s struggling rival Gandhi votes as India election resumes

    Modi’s struggling rival Gandhi votes as India election resumes

    New Delhi, India – Key Indian opposition leader Rahul Gandhi voted Saturday as the country’s six-week election resumed, with Prime Minister Narendra Modi’s rivals accusing his government of unjustly targeting them in criminal probes.

    Modi, 73, remains roundly popular after a decade in office and his ruling Bharatiya Janata Party (BJP) is widely expected to win a third term next month after a poll hit by recurrent early summer heatwaves.

    His prospects have been further bolstered by several criminal investigations into his opponents, sparking concerns from UN rights chief Volker Turk and rights groups over the poll’s fairness.

    Gandhi, the most prominent leader of India’s opposition Congress party, cast his ballot at a polling station in New Delhi, where temperatures were forecast to reach 43 degrees Celsius (109 degrees Fahrenheit).

    A son, grandson and great-grandson of former prime ministers, Gandhi paused after voting to take a selfie with his mother Sonia but did not speak to crowds of reporters.

    The scion of a dynasty that dominated Indian politics for decades, he was convicted of criminal libel last year after a complaint by a member of Modi’s party.

    His two-year prison sentence saw him disqualified from parliament until the verdict was suspended by a higher court.

    Delhi Chief Minister Arvind Kejriwal, 55, leader of the opposition Aam Aadmi party, who was detained in March in a long-running graft case, was due to vote later Saturday.

    The Supreme Court bailed Kejriwal earlier this month and he returned to the campaign trail, urging Indians to vote against what he called a nascent “dictatorship”.

    “Modi has started a very dangerous mission,” he said soon after his release. “Modi will send all opposition leaders to jail.”

    Congress is spearheading an opposition alliance of more than two dozen parties competing jointly against Modi, including the Aam Aadmi party.

    Kejriwal’s organisation grew out of an anti-corruption movement a decade ago — its name means Common Man’s party — and has been elected to office in the Delhi region and the state of Punjab, but has struggled to establish itself as a nationwide force.

    In February authorities froze several Congress bank accounts as part of a running dispute over income tax returns filed five years ago, a move Gandhi said had severely impacted the party’s ability to contest the election.

    “We have no money to campaign, we cannot support our candidates,” the 53-year-old told reporters in March.

    Modi’s political opponents and international rights campaigners have long sounded the alarm on India’s shrinking democratic space.

    US think-tank Freedom House said this year that the BJP had “increasingly used government institutions to target political opponents”.

    Heatwave ‘red alert’

    India is voting in seven phases over six weeks to ease the immense logistical burden of staging an election in the world’s most populous country.

    Turnout is down several percentage points from the last national poll in 2019, with analysts blaming widespread expectations of a Modi victory as well as hotter-than-average temperatures heading into the Indian summer.

    India’s weather bureau this week issued a heatwave “red alert” for Delhi and surrounding states where tens of millions of people were casting their ballots on Saturday.

    The India Meteorological Department warned of heightened health risks for infants, the elderly and those with chronic diseases.

    Extensive scientific research shows climate change is causing heatwaves to become longer, more frequent and more intense, with Asia warming faster than the global average.

    More than 968 million people are eligible to vote in the Indian election, with the final round of polling on June 1 and results expected three days later.

    abh-asv/slb/sco

    © Agence France-Presse

  • No foul play in Raisi chopper crash: Iran

    No foul play in Raisi chopper crash: Iran

    Iran’s army has so far found no evidence of suspicious activity in a helicopter crash that killed the country’s president Ebrahim Raisi and seven others, state media reported.

    President Raisi, 63, along with his entourage died on Sunday after his helicopter went down in the country’s mountainous northwest while returning from a dam inauguration on the border with Azerbaijan.

    “No bullet holes or similar impacts were observed on the helicopter wreckage,” said a preliminary report by the general staff of the armed forces published by the official IRNA news agency late on Thursday evening.

    “The helicopter caught fire after hitting an elevated area,” it said, adding that “no suspicious content was observed during the communications between the watch tower and the flight crew”.

    Raisi’s helicopter had been flying on a “pre-planned route and did not leave the designated flight path” before the crash.

    The report said the wreckage of the helicopter had been found by Iranian drones early on Monday but the “complexity of the area, fog and low temperature” hindered the work of search and rescue teams.

    The army said “more time is needed” to investigate the crash and that it would announce more details later.

    Raisi was laid to rest in his hometown of Mashhad on Thursday, concluding days of funeral ceremonies in major cities of Iran, including the capital, attended by throngs of mourners.

    Among the people killed in the incident was Foreign Min­ister Hossein Amir-Abdollahian who was also buried on Thursday, in the town of Shahre Ray, south of Tehran.

  • Pakistan secures over $228 million in loans from multiple foreign sources

    Pakistan secures over $228 million in loans from multiple foreign sources

    In April 2024, Pakistan secured $237.24 million in external financing from various sources, according to the Economic Affairs Division (EAD). This sum included $228.64 million in loans and $8.60 million in grants.

    Throughout the first ten months of the fiscal year 2024 (10MFY24), the country managed to obtain a total of $7.14 billion in external financing, significantly less than the annual budget estimate of $17.62 billion.

    In April, the government received a substantial loan of $117.39 million for non-project aid, aimed at providing program and budgetary support to help restructure the economy. Over 10MFY24, loans for non-project aid amounted to $4.84 billion.

    The Ministry of Economic Affairs noted Pakistan’s continued reliance on foreign commercial borrowing, which amounted to $107.95 million in April and $889.43 million in 10MFY24. This was primarily facilitated through the Naya Pakistan Certificate.

    Notably, no funds were secured from foreign commercial banks in 10MFY24, despite a budget estimate of $4.5 billion for the fiscal year.

    Disbursements from bilateral and multilateral development partners remained strong, totaling $129.29 million in April and $3.74 billion in 10MFY24. Although these inflows helped bolster foreign exchange reserves, they fell short of the government’s budget estimates.

    Multilateral sources provided nearly $121.61 million in April and $2.87 billion in 10MFY24. Among these, the International Development Association-World Bank (IDA) led with $61.73 million in April, followed by the Asian Development Bank (ADB) with $42.78 million.

    The International Bank for Reconstruction and Development (IBRD) contributed $8.52 million, and the Asian Infrastructure Investment Bank (AIIB) provided $6.33 million. Cumulatively, IDA’s disbursements totaled $1.35 billion, ADB’s $708.30 million, and AIIB’s $309.95 million.

    Bilateral development partners contributed $7.68 million in April and $877.76 million in 10MFY24. In April, Germany provided $3.10 million, Korea $1.80 million, France $1.77 million, and the USA $1.01 million. Over 10MFY24, Saudi Arabia’s Oil Facility dominated bilateral disbursements with $595.18 million.

    While foreign assistance has been crucial in maintaining financial stability, the shortfall compared to budget estimates highlights the need for improved fiscal strategies and diversified financing avenues to achieve Pakistan’s economic goals.

  • Pakistan T20 World Cup squad finalized

    Pakistan T20 World Cup squad finalized

    The Pakistan Cricket Board has announced the squad for the T20 World Cup starting from next month.

    Here is the 15-member squad of Pakistan cricket team:

    Babar Azam (captain), Fakhar Zaman, Saim Ayub, Iftikhar Ahmed, Abrar Ahmed, Azam Khan, Haris Rauf, Imad Wasim, Mohammad Amir, Mohammad Abbas Afridi, Naseem Shah, Mohammad Rizwan, Shadab Khan, Usman Khan, Shaheen Shah Afridi

    The International Cricket Council (ICC) T20 World Cup is scheduled from June 1 to June 29 in America and West Indies.

  • Pakistan’s headline inflation expected to drop below 14%

    Pakistan’s headline inflation expected to drop below 14%

    Inflation in Pakistan is projected to decelerate significantly in May 2024, with the year-on-year (YoY) rate expected to drop to approximately 13.9 per cent. This sharp slowdown is attributed to a notable decline in monthly prices, aided by a favorable base effect.

    Monthly inflation is forecasted to decrease by 1.4 per cent, marking the second consecutive month of decline. This figure is significantly lower than the average monthly increase of 1.35 per cent observed over the past 12 months.

    As a result, the average yearly inflation for the first 11 months of the fiscal year 2024 (11MFY24) is anticipated to be 25.1 per cent YoY, compared to 29 per cent YoY in the same period of the previous fiscal year (FY23).

    The primary driver behind the decline in monthly inflation is a substantial 440 basis points (bps) drop in the Food Index. This reduction is mainly due to lower prices of essential food items such as onions, tomatoes, chicken, and wheat. Additionally, the Transport Index is expected to decrease due to falling fuel prices.

    Looking ahead, if consumer prices increase by an average of 0.5 per cent per month, the annual inflation rate is projected to decline to about 7.4 per cent by the end of December 2024. With a 1 per cent monthly increase, the annual inflation rate would fall to approximately 11.7 per cent.

    If the monthly increase matches the last 12-month average of 1.35 per cent, the annual inflation rate will stand at 14.8 per cent by December 2024.

    The following chart outlines the projected yearly inflation trajectory based on monthly inflation rates of 0.5 per cent, 1 per cent, and the last 12-month average of 1.35 per cent.

  • Laapataa Ladies beats ‘Animal’ to take Netflix’s top spot

    Laapataa Ladies beats ‘Animal’ to take Netflix’s top spot

    In a surprise upset, Laapataa Ladies has taken the top spot on Netflix, beating out Ranbir Kapoor’s hit movie ‘Animal’ in views, just one month after the film made its streaming premiere on April 26.

    Only one month after ‘Laapataa Ladies’ made its Netflix premiere, the OTT site has reportedly seen a record 13.8 million views of the film. As for Ranbir Kapoor, his hit movie ‘Animal’ has had 13.6 million views so far.

    Animal was released in cinemas on December 1st 2023, and it was released on Netflix on January 26 2024. It is directed by Sandeep Reddy Vanga.

    Laapataa Ladies is directed by Kiran Rao. Apart from Ravi Kishan, the film features news stars like Sparsh Shrivastava, Pratibha Ranta and Nitanshi Goe.

  • PTI is trying to spread hatred against state institutions, says Azma Bukhari

    PTI is trying to spread hatred against state institutions, says Azma Bukhari

    Pakistan Muslim League-Nawaz (PML-N) leader and Punjab Information Minister Azma Bukhari has said that Pakistan Tehreek-e-Insaf (PTI) is trying to spread hatred against state institutions, SAMAA reported on Friday.

    Azma criticised PTI while addressing a press conference in Lahore, saying that, “The PTI founder says that there is a probability of seeing the repetition of 1971.”

    Bukhari said: “It is the party’s [PTI] agenda to spread unrest in the country. Whenever there is unrest in the country, there comes up the name of merely one party.”
    The PML-N senior leader also declared Imran Khan a “mastermind” of the May 9 events.