Author: Sharjeel Babar

The Pakistan Petroleum Dealers Association (PPDA) has announced a nationwide strike starting July 5, in response to the government’s decision to impose a 0.5% advance turnover tax in the recent budget. According to PPDA Chairman Abdul Sami Khan, this additional tax burden threatens to destroy the already struggling petrol pump business, which is operating with minimal profit margins amidst high inflation. Khan emphasized that the dealers have no choice but to close their businesses due to the unfair tax, and that they have been unable to get satisfactory answers from the finance minister regarding their concerns. The PPDA is demanding…

Benchmark KSE-100 Index surges by 606 points, reaches 80,839 points

BCCI Secretary Jay Shah has confirmed that Indian cricket stars Virat Kohli and Rohit Sharma will participate in the ICC Champions Trophy, set to be hosted by Pakistan next year. In an interview with the Press Trust of India (PTI), Shah affirmed that these senior players will play crucial roles in India’s squad for the prestigious ODI tournament. Shah expressed confidence in India’s cricketing depth following their victorious T20 World Cup campaign in the Caribbean, where they defeated South Africa in a thrilling final. He emphasized India’s aspirations to win upcoming tournaments, including the Champions Trophy and the World Test…

The Pakistan Stock Exchange (PSX) has achieved a historic milestone by surpassing the 80,000-point mark, setting a new record in the country’s financial markets. Throughout the trading day, the PSX demonstrated strong performance, with the KSE-100 Index showing substantial gains across multiple sessions: During the first session, the index surged by 447 points, crossing the 80,000-point threshold and establishing a strong start for the day. In the second session, the momentum continued with the index rising by 760 points to reach 80,313 points, reflecting sustained investor confidence and pushing the market to new heights. By noon, the PSX reached a…

The Meteorological Department reported that Karachi is experiencing southwest winds blowing at a speed of 22 km per hour, with a current temperature of 32 degrees Celsius. Despite this, the perceived heat intensity is 38 degrees. The department forecasts that the maximum temperature for the day could reach 37 degrees Celsius, while the minimum temperature recorded was 31.5 degrees Celsius. The humidity level is currently at 70 percent. Karachi faces significant air quality challenges. It is now ranked as the 11th most polluted city in the world and has become the fifth most polluted city in Pakistan. The concentration of…

The Indian cricket team, having clinched victory in the T20 World Cup 2024 final against South Africa on Saturday, faces an extended stay in Barbados due to severe weather conditions. Their return home has been delayed significantly as Hurricane Beryl has led authorities to close the airport, grounding all flights. The team remains confined to their hotels amid uncertainty about when they can depart. Hurricane Beryl, categorized as a powerful Category 4 storm, poses considerable risks with wind speeds surpassing 130 mph. Predicted to impact the Windward Islands, it may bring a storm surge of 6 to 9 feet and…

In another blow to consumers grappling with inflation, the federal government, led by Prime Minister Shehbaz Sharif, has announced significant increases in petrol and diesel prices. According to a notification issued by the Ministry of Finance on Sunday, petrol prices will surge by Rs7.45 per litre, while diesel will see a steep hike of Rs9.56 per litre. The Ministry attributed the price adjustments to a recent upward trend in international petroleum markets over the past fortnight. The Oil & Gas Regulatory Authority (OGRA) has calculated these new consumer prices based on these international price fluctuations. Importantly, there will be no…

Remove skin tags through various surgical options such as cryosurgery. Additionally, several at-home remedies and over-the-counter products can help dry out and facilitate the falling off of skin tags. Skin tags typically develop in skin folds of the neck, armpits, breasts, groin area, and eyelids. These growths consist of loose collagen fibers lodged inside thicker areas of the skin. According to Kemunto Mokaya, MD, skin tags are highly prevalent, affecting nearly half of the population. They are more common among older adults, individuals who are overweight, and those with diabetes. While skin tags are generally harmless, they can become painful…

Punjab CM Maryam Nawaz Approves Free Home Delivery from Model Markets and Green Punjab Solar Model Transition In a significant development, Punjab CM Maryam Nawaz has approved the project for the free home delivery of goods from model markets. The initiative aims to streamline the shopping experience for the citizens of Punjab by launching a mobile app dedicated to online orders. This app will facilitate residents by providing an easy and convenient way to purchase essential goods without leaving their homes. Punjab CM Maryam Nawaz Instructs Transition to Green Punjab Solar Model In addition to the home delivery project, Chief…

South Africa triumphed over Afghanistan by nine wickets in the first semi-final on Thursday at the Brian Lara Stadium in Tarouba, Trinidad, during the ongoing T20 World Cup 2024. This historic victory marks the first time that South Africa, who remain unbeaten in the tournament, have qualified for the final of a World Cup, either T20 or ODI. The only other occasion when the South African men’s team reached the final of an ICC event was in 1998, when the Proteas won the inaugural ICC Knockout Trophy in Dhaka. Chasing a modest target of 57 runs, South Africa achieved the…