The Islamabad High Court (IHC) has issued orders for the removal of the National Bank of Pakistan (NBP) President, Arif Usmani, and the bank’s Chairman Board of Directors (BoD), Zubair Soomro. The IHC ordered the government to remove the two officials with immediate effect. The court had reserved the verdict on a petition filed against the NBP president on June 2. ALSO READ SBP Extends Suspension of 0.12% Service Charges for Banks The petition was filed by citizens Syed Jahangir, Javed Iqbal, Fazal Raheem, and Latif Qureshi. It alleged that the NBP president’s appointment was contrary to the guidelines of…
Category: Tech and Telecom
Mushtaq Ahmed Reveals Why Shadab Khan Isn’t Performing
The former leg-spinner, Mushtaq Ahmed, believes that injuries and not bowling long spells have hindered the progress of the all-rounder, Shadab Khan. Shadab was one of the most exciting youngsters to burst onto the international cricket arena back in 2017, but recently he has been terribly out of form with both bat and ball. ALSO READ Saqlain Mushtaq Weighs in on Younis Khan’s Replacement Mushtaq believes that Shadab has what it takes to bounce back, but he will need to get his act together quickly, or he can lose his spot in the national team. “Shadab has remained injured a…
Oppo Patents a Dual Sided Phone With a Wraparound Display
Oppo is working on a futuristic-looking smartphone that can be used from both sides. Similar to the Mi Mix Alpha, this patented device has a wrap-around display that goes around the entire handset. ALSO READ Oppo Reno 6 Z Appears in Detailed Leak With Improved Cameras and Storage Oppo was granted this patent in May 2021 but it only surfaced recently. Renders for this patent were created by Jermaine Smit, the guy behind Concept Creator working with LetsGoDigital. The patent describes a double-sided smartphone whose screen wraps around the whole device including the front, the side, and the back. There…
FIA to Investigate Schengen Visa Stickers Controversy
The Foreign Office has asked the Interior Ministry and the Federal Investigation Agency (FIA) to investigate the theft of Schengen visa stickers from the Italian embassy in Islamabad. The Foreign Office spokesperson, Zahid Hafeez Chaudhri, stated this while addressing a press conference on Tuesday. He said that the diplomatic mission had reported the theft to the Ministry of Foreign Affairs. ALSO READ Six-Hour Load Shedding to Begin in Bahria Town Rawalpindi “The information was immediately shared with the concerned authorities for taking appropriate action in this regard,” he said. The Ministry of Foreign Affairs has informed the interior ministry and…
Kamran Kamal Takes Charge of HUBCO
Hubco – Pakistan’s largest independent power producer (IPP) – has announced the appointment of Kamran Kamal as its new CEO. Kamran has succeeded Khalid Mansoor, who led the company for eight years. Kamran has already been a part of Hubco for the past six years as the CEO of Laraib Energy Limited, a hydel subsidiary of the company. Previously, he held the position of Vice President China Power Hub Generation Company (CPHGC), a joint venture between HUBCO & China Power International Holding (CPIH). Kamran’s appointment as the new CEO (from within the company) is a testament to the confidence of…
Sputnik V Vaccine is Very Effective Against Indian Coronavirus Variant
Russia’s COVID-19 vaccine, Sputnik V, has demonstrated significant protection against the Delta variant of Coronavirus, which first emerged from India. According to details, Sputnik V offers more than 90% protection against the highly contagious Delta strain of COVID-19 that has concerned healthcare authorities around the world. ALSO READ Six-Hour Load Shedding to Begin in Bahria Town Rawalpindi Speaking to a state-owned news agency, Denis Logunov, Deputy Director of Moscow’s Gamaleya Institute which developed Sputnik V, said Sputnik V’s efficacy against the Delta variant has been determined using digital medical and vaccine records. He added that Sputnik V has shown the…
Sindh Declares Donkey Cart Racing As Its Cultural Sport
Secretary Sports Sindh, Syed Imtiaz Ali Shah, has declared the donkey cart racing a cultural sport of the province. According to the statement issued by Secretary Sports Sindh, donkey cart racing is an ancient sport of Karachi, however, the public sport has not been well received so far. ALSO READ British Company to Conduct Licensing Tests for Pakistani Pilots He said that soon this sport will be more organized and added to the list of cultural sports of the province. Besides, Shah said that in the new financial budget 2021-22 of the province, record development funds have been set aside…
PIA Will Now Operate Flights Between Faisalabad and Skardu
Pakistan International Airlines (PIA) has announced flight operations from Faisalabad to Skardu, in accordance with Prime Minister Imran Khan’s vision to boost domestic tourism. The national air carrier will conduct flights on this route from 7 July onwards. ALSO READ British Company to Conduct Licensing Tests for Pakistani Pilots PIA has also announced a 50 percent discount on the shipment of cherries from Skardu to Karachi, Islamabad, Sialkot, Faisalabad, and Lahore. The new charges on the shipments will be Rs. 150 per kg instead of Rs. 300 per kg. While PIA already operates flights from Karachi, Islamabad, and Lahore to Skardu,…
SECP Lifts ZTBL’s Penalty With a Warning
The Securities and Exchange Commission of Pakistan (SECP) has exonerated the Zarai Taraqiati Bank Limited (ZTBL) from an applicable penalty with a warning to be careful in filing returns in the future. Document available with Propakistani stated that the adjudicating department of SECP, in its order, disposed off the proceedings initiated vide show cause notice served upon ZTBL for defaults made in complying with the requirements of section 130 of the Companies Act 2017. ALSO READ Pakistan to Adopt Bottom-Up Approach for Growth: Shaukat Tarin It is observed that the ZTBL has failed to file its annual returns for the…
Azhar Mahmood Picks Pakistan’s Next Head Coach
Former national team bowling coach, Azhar Mahmood, believes that Multan Sultans head coach, Andy Flower, should be the next head coach of the Pakistan cricket team. Azhar said that there is absolutely no reason why Andy should not be considered for the role in the future. ALSO READ Azhar Mahmood Compares ‘Incomplete Bowler’ Dahani to Shoaib Akhtar The former all-rounder said that Andy is one of the best coaches in the world, and his knowledge about the modern game is next to none. He said that he has a great working relationship with Andy and his way of coaching the…
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