Mohammad Hafeez Opens Up on Babar Azam’s Captaincy

Veteran all-rounder, Mohammad Hafeez, praised the captaincy skills of Pakistan’s all-format captain, Babar Azam. Hafeez said that Babar is the perfect choice for the captaincy role due to his strong principles and his extraordinary reading of the game. ALSO READ Inzamam Reveals How Amir & Wahab’s Retirement From Tests is Justified Babar was announced as the all-format captain last year and has had a terrific start to his captaincy career. He recently became the first Pakistani captain to win his first four Test matches as captain, winning the series against South Africa and Zimbabwe. His ODI record is immaculate as…

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All About the New ‘Eidi Milni Chahiye’ Trend

Admit it or not, the one thing that keeps us excited for every Eid is the prospect of getting Eidi from our elders on the special day. No matter how old we get, there is a certain charm in getting, collecting, and then counting your Eidi. But when we grow up, the tables turn and we are no longer standing at the receiving end. Eidi Milni Chahiye: The Right to Get Eidi Dananeer Mobeen, the famous party girl (read: pawri girl) of Pakistan posted a very relatable video on her Instagram story on Chaand Raat where she asks her mom…

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Car Sales Nose Dive in April 2021: PAMA Report

The Pakistan Automotive Manufacturers Association (PAMA) has released car sales data for April 2021. The data has shown an interesting trend this month as the auto industry has recorded 17,233 vehicle sales in April of 2021,  resulting in a Month-on-Month (MoM) decrease of 17.2 percent compared to March 2021, after several months of increase in sales. The data shows that Toyota Indus Motor Company (IMC) sold 5,355 vehicles in April 2021, recording an MoM sales decrease of 20 percent. Honda Atlas Cars sold 2,287 vehicles the previous month, recording an MoM sales decrease of 27 percent, whereas Pak-Suzuki Motor Company…

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Prime Minister Rejects OGRA Recommendation for a Hike in Petrol Prices

In order to provide relief to the common man, the Prime Minister has decided to maintain the prices of petroleum products as they were on May 1, 2021, and a fortnight before that, said a press release issued by the Ministry of Finance. The prices from May 18 onwards will be as follows: Ms petrol – Rs 108.56/liter High-Speed Diesel – Rs. 110.76/liter Superior Kerosene Oil – Rs. 80.00/liter Light Diesel Oil – Rs. 77.65/liter The government has to adjust the Petroleum levy and sales tax as well on SKO and LDO to maintain the same prices. The statement further…

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Mobilink Microfinance Bank Posts Strong Financial Results During Q1 2021

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), has posted strong financial results during the first quarter of 2021, as showcased by its quarterly financial statements. MMBL recorded a 70 percent increase in net revenues and a whopping 1,390 percent increase in profit before tax in Q1, 2021, against the corresponding quarter of the last year. The bank continued its positive momentum from Q4, 2020, to post healthy financial results during Q1, 2021, ending on March 31st, 2021. It recorded Gross Revenues and Net Revenues of Rs. 2.295 billion and Rs. 1.884 billion, respectively. The bank’s profit before tax…

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Iran To Start Crackdown on Cryptocurrency Miners Using Household Electricity

Amidst sheepish crypto trends making traders feel pretty much under the weather over the past 2 weeks, due to Bitcoin’s obnoxious pitfalls coupled with Ethereum’s uncertain dips as of late, crypto regulations in various countries are also being updated at a fast pace. For starters, cryptocurrency miners who use household electricity to mine coins will be heavily fined by the government, said Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry. ALSO READ Twitter’s New Service to Allow Undoing Tweets As per a report published in Tehran Times, the Islamic Republic of Iran is looking to minimize its energy problems, adding…

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MG to Launch First Ever Pakistan-Made Electric Cars Very Soon

The Government of Pakistan is in pursuit of the normalization of Electric Vehicles (EV) in the local market, and MG seems to be ready for it. Javed Afridi, a key stakeholder of MG, recently told Khaleej Times, that the automaker is set to introduce a dedicated lineup of Pakistan-assembled EVs to the market very soon. MG ZS EVHe stated that the first locally assembled EV will be the MG ZS EV. Although the Pakistani market has its petrol-powered version as a CBU, the EV version will be assembled alongside it at the local facility in Lahore. ALSO READ MG’s Lahore-based Assembly…

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Rupee Opens the Week With Loss Against the US Dollar

The Pakistan Rupee (PKR) opened trading with downward movement against the US Dollar after a week’s halt in trading owing to Eid holidays. ALSO READ Rupee Hits Nearly 2 Years High Against US Dollar Today, PKR went down by 32 paisas against the USD. This is exactly equal to the appreciation PKR had posted against the USD on May 7. PKR closed at Rs. 152.60 to the USD at the end of the trading day today (Monday, 17 May) compared to Rs. 152.28 to the USD on Friday (7 May). PKR had hit a nearly two years high against the…

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Here’s How Govt is Transforming Rawalpindi Into a Model City

The Punjab government is installing colorful electric bulbs alongside the Murree Road and other highways. While talking to public and local Pakistan Tehreek-e-Insaaf (PTI) officials during the visit to various Union Councils, Vice-Chairman Parks, and Horticulture Authority, Rawalpindi, Malik Abid Hussain, said that the installation of decorative bulbs for the beautician of highways is underway. ALSO READ Govt Extends Closure of Schools & Colleges “We will make Rawalpindi an ideal model city in terms of natural green and eco-friendly,” he said. The Vice-Chairman said that the basic work of making all the parks in the city natural green has been…

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LG is Selling Off Velvet 2 Pro to Its Employees for Cheap

As LG announced its departure from the smartphone industry last month, some smartphones including the Velvet 2 Pro and LG Rollable phones were left in the production phase and consumers never got to see them. However, according to a leak by @FrontTron, the company was able to manufacturer a limited number of units of some models and now LG employees in South Korea have the exclusive opportunity to purchase either of the unreleased devices. LG Velvet 2 Pro (LG Universal 2nd Gen, LG Rainbow, LM-V700N) Unlocked unitApprox. 3000 unitsResale prohibitedBlack, Bronze, IvoryAvail. only to Korea LG employees (max. 2 unit…

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