Trade Deficit Balloons to $3.058 in July 2021

The already soaring trade deficit has further widened to 81.4 percent in the first month of the current fiscal year (FY22). This widening gap is primarily driven by the substantial increase in imports without a corresponding rise in the exports from the country. According to provisional foreign trade figures during the first month of current fiscal year (2021-22), imports stood at $5.405 billion as compared to $3.687 billion in July 2020, showing a massive increase of 46.6 percent or $1.718 billion. ALSO READ Pakistan’s Exports Are At Their Highest Level for July: Adviser to PM On a Month-on-Month basis, the…

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SHOs Given Additional Powers to Take Action Against Lockdown Violations

The Sindh Home Department has granted special powers to officers in charge of police stations (SHOs) to take stern action against any contravention of the orders of the provincial government related to COVID-19 restrictions. A notification in this regard was issued on Monday in connection to the directives issued on 30 July 2021. It said that the officials of law enforcement agencies, not below the rank of SHOs, have been empowered to take legal action against any violation of COVID-19 restrictions across the province. ALSO READ Fawad Chaudhry Says Imran Khan’s Life is in Danger “Beside deputy commissioners, assistant commissioners, labor…

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WATCH: Aamir Liaquat Blasts Traffic Warden For ‘Mistreating Citizens’ & Faces Legal Action

The Pakistan Tehreek-e-Insaf (PTI) Member of National Assembly (MNA) Aamir Liaquat lashed out at a police officer for allegedly mistreating citizens in Karachi in the name of COVID-19 lockdown on Monday. According to Liaquat, cops were allegedly mistreating citizens in the streets by taking advantage of COVID-19 lockdown restrictions. The PTI MNA shared the video […]

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Islamic University Fires the Whistle Blower of Male Rape Case

In an unfortunate development, the administration of International Islamic University Islamabad (IIUI) has dismissed the Associate Law Professor, Dr. Muhammad Mushtaq, who blew the whistle on a male rape case two months ago. Dr. Mushtaq was accused of prolonged absence from duty. According to the notification, he was served multiple notices, yet he responded to none of them. ALSO READ CAA Asks Why Meals Are Not Served on Local Flights The committee set up to question his undesirable conduct summoned him repeatedly, but the professor never turned up. “The committee received no written reply from the respondent within the stipulated…

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Honor Magic 3 Appears in Official Teaser with 5 Cameras

The Honor Magic 3 is going to launch next week and the company CEO has just teased the smartphone himself. The teaser reveals that the Honor Magic 3 will have five cameras on the back and it also partially reveals the design. ALSO READ Honor Magic 3 Series’ Specs and Price Leak Executive George Zhao has also talked about the AI capabilities we can expect from the Honor Magic 3, though details are still unknown. The handset was shown in a pre-production case which was meant to hide the design, but we can still see five-camera cutouts on the back.…

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Federal Govt Mulls Over Options Against Sindh for Opposing NCOC’s Orders

Federal Information Minister, Fawad Chaudhry, has warned that the federal government will use its constitutional options if the Sindh government continues to neglect the federal government and NCOC’s orders in the province. Speaking to the media, the Minister said the Sindh government miserably failed to enforce COVID-19 SOPs across the province and later decided to impose a lockdown by neglecting the recommendations of the federal government and the NCOC. ALSO READ Fawad Chaudhry Says Imran Khan’s Life is in Danger Disclosing the communication between the Sindh and federal governments before the lockdown in Karachi, he stated that CM Sindh, Syed…

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Soaring Costs of Raw Materials and Containers to Undo Relief for Car Buyers

By Usman Suhail Pakistan (among other countries) recently reported soaring prices of automobiles rooted in the increased prices of raw materials used to manufacture car components. However, this problem is not limited to raw materials such as steel and plastic and has translated into the skyrocketing costs of shipping goods. Something as basic as a 40 ft container of commodities being transported by sea from Asia to Europe currently costs more than $10,500 — a whopping 547 percent increase on average over the last five years. Rising freight costs are also impacting the price of everything from furniture and vehicle…

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Govt Considers Ending 1% Bank Deduction on IT Export Remittance

The government is mulling over stopping banks from deducting 1-2 percent tax on IT remittances to encourage the exporters of the IT sector to maintain the momentum of exports in the current financial year. “In a recent meeting, the Minister for Finance, Shaukat Tarin assured the representatives of the IT sector of the imminent removal of one to two percent bank deduction that had been imposed by the banks on every receipt of the exports income on the account of IT and IT-enabled services since the onset of the financial year 2021-22,” said Chairman P@SHA, Barkan Saeed. ALSO READ Telecom…

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Honor X20 Appears in Live Images

The Honor X20 SE was introduced last month, but now it’s time to make way for the base model. The handset has just appeared in two hands-on images, courtesy of renowned Chinese tipster Digital Chat Station.  ALSO READ Honor Magic 3 Series’ Specs and Price Leak The tipster says that there is still some love for flat screens in China, which is why the Honor X20 is skipping on the 2.5D curved glass. These images also reveal a dual selfie camera in a pill-shaped punch-hole cutout. The power key is not visible in the images, meaning that it is likely underneath…

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