Millions Vote in Third Phase of India’s Lok Sabha Election 2024

Certainly! Here’s a detailed overview of the fourth phase of the Lok Sabha elections in India:

– Date: The fourth phase of Lok Sabha elections 2024 is scheduled for May 13.
– Seats: This phase will cover 96 seats across 10 states and union territories.
– States and Union Territories Voting in Phase 4:
– Andhra Pradesh: All 25 seats.
– Telangana: 17 constituencies.
– Uttar Pradesh: 13 seats.
– Maharashtra: 11 seats.
– West Bengal: 8 seats.
– Madhya Pradesh: 8 seats.
– Bihar: 5 seats.
– Jharkhand: 5 seats.
– Odisha: 4 seats.
– Jammu and Kashmir: 1 seat.

Key Candidates:

– In Baharampur, West Bengal, there’s a heated contest among the Congress, the Bharatiya Janata Party (BJP), and the Trinamool Congress (TMC). Former Indian cricketer Yusuf Pathan is taking on Adhir Ranjan Chowdhury (the West Bengal Congress president) and BJP’s candidate, Nirmal Kumar Saha. Adhir Ranjan Chowdhury currently represents Baharampur in the Lok Sabha.
– Other key candidates include Asaduddin Owaisi (AIMIM), TMC’s Mahua Moitra, and Samajwadi Party chief Akhilesh Yadav.
– Dry Day: Ahead of the Lok Sabha Elections 2024 Phase 4 on May 13, a Dry Day has been announced in parts of states going for polling during this fourth phase of the general elections³.

Detailed Summary:

– Voter Turnout:
– The third phase of the 18th Lok Sabha elections concluded, covering 93 constituencies across 12 states and union territories.
– The voter turnout touched 64.4%, according to data from the Election Commission. This turnout is slightly lower compared to the 2019 elections when these constituencies saw a turnout of 67.33%⁴.
– Across 11 states and union territories, a total of **1,300 candidates**, including 120 women, contested in this crucial phase, reflecting the diversity of India’s democratic process⁵.

Key Events:

– Prime Minister Narendra Modi cast his vote in the Gandhinagar constituency, where his number two, Home Minister Amit Shah, is the BJP candidate.
– Congress party’s former President Sonia Gandhi accused Modi and the BJP of promoting “hatred for political gain,” emphasizing that their focus is “only on gaining power at any cost.”
– Samajwadi Party leader Akhilesh Yadav expressed hope that India’s election body would take action against complaints of booth capturing by BJP workers.
– An Indian court extended the pre-trial detention of opposition leader and Delhi Chief Minister Arvind Kejriwal until May 20.

Income Inequality:

– Researchers warn that the gap between rich and poor in India has widened significantly.
– India’s income and wealth inequality are among the highest globally, worse than in Brazil, South Africa, and the United States.
– A study by the World Inequality Lab reveals that income inequality in India is worse than it was under British colonial rule.

Catherine, Princess of wales reveals battle with cancer in a video

Catherine Princess of Wales Kate Middleton has been diagnosed with cancer and bravely shared her illness with the world through a heartfelt video message.

Kate Middleton revealed that the cancer was detected during significant abdominal surgery she underwent at the London Clinic earlier this year.

Read more: KATI plea Sindh government to Prioritize Industrial Development

The 42-year-old Catherine Princess explained that she required time to recuperate from the surgery before commencing “preventative chemotherapy,” as recommended by her medical team.

“This naturally came as a significant shock, and William and I have been diligently working to cope with and handle this situation privately for the well-being of our young family,” she expressed.

KATI plea Sindh government to Prioritize Industrial Development

Prioritizing Industrial Development: KATI’s Urgent Plea to Sindh Govt

Karachi – The Korangi Association of Trade and Industry (KATI) plea the Sindh government to give top priority to the allocation of development budgets for industrial zones. Johar Qandhari, President of KATI, emphasized this need, especially considering past practices.

Congratulating the New Ministers

Qandhari extended congratulations to the newly elected ministers of the Sindh cabinet. He highlighted the urgency for the Chief Minister to prioritize the allocation of development budgets for industrial zones.

Read More: KATI Celebrates Govt’s Decision to Lift Ban on LCs

Meetings with Provincial Cabinet Members

Notable meetings have taken place between provincial cabinet members, including Saeed Ghani, Nasir Hussain Shah, Sharjeel Inam Memon, and Jam Khan Shoro, and Korangi’s industrialists.

There is optimism that the current cabinet will address the challenges faced by the industrial sector more effectively than its predecessors.

Addressing Extortion Concerns

President Qandhari expressed concerns about new extortion tactics against industrialists. He urged Zia-ul-Hassan Lanjar, the provincial interior minister, to take decisive action to restore investor confidence.

Advocating for Investor Protection

Qandhari advocated for the establishment of safeguards to protect industrialists and deter asset seizures. This measure aims to ensure a secure environment for both local and international investors.

Commitment to Collaborative Efforts

Highlighting KATI’s history of collaboration with the government, Qandhari reaffirmed the association’s commitment to supporting the development of industrial zones across the country.

Improvements in Infrastructure

Qandhari cited noticeable improvements in the infrastructure of the Korangi industrial area. He attributed these advancements to the effective utilization of funds allocated to business organizations.

Hope for Swift Government Action

As Karachi serves as the economic linchpin of Pakistan, President Qandhari expressed hope that the government will swiftly address concerns related to the Karachi Water Board and local governance.

This action aims to steer the city towards a path of sustained development and prosperity.

SECP Introduced Guidelines for Digital Lending

SECP Guidelines Issued for Digital Lenders: Enhancing Borrower Protection

The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines to NBFCs engaged in digital lending.

SECP guidelines digital lending aims to ensure best practices in advertisements and call centre management.

This significant move underscores the SECP’s commitment to regulating the digital lending sector effectively.

Released on March 18, these meticulously designed guidelines aim to prioritize borrower protection and to curb deceptive marketing and unethical call centre practices.

Promotion of Loan Products

Non-banking financial companies (NBFCs) licensed by the SECP extensively promote loan products through various social media platforms.

Digital lending NBFCs, relying on call centre infrastructure, whether owned or outsourced, have acknowledged the vital role that call centres play in their business operations.

These call centres are crucial for verification, recovery collection, and customer services.

Recognition of Responsible Practices

Acknowledging the imperative of responsible and ethical marketing practices and call centre operations, the SECP emphasizes the necessity for transparency and honesty in advertising by NBFCs.

Enforcing these standards in call centres is crucial. The guidelines are ready to assist NBFCs in adopting best practices in advertising and call centre management.

They ensure borrower safeguards and promote transparency and ethical conduct in the digital lending industry.

Read More:

SECP proposes reduction in turnaround time for payment of cash dividends

Mandatory Adherence to Guidelines

All NBFCs involved in digital lending must adhere to these guidelines for marketing through various channels.

This requirement includes influencers and content creators, as well as call centre services, regardless of whether they are managed in-house or outsourced.

The SECP mandates this mandatory adherence to ensure compliance and uphold industry standards.

Accessible on the SECP’s website, these guidelines serve as a pivotal resource for ensuring compliance and upholding industry standards.

Huawei Announces Several Digital Talent Initiatives for 2024

Barcelona, Spain: During MWC Barcelona 2024, Huawei held the Huawei Talent Summit under the theme ‘I C Talent: Nurturing Excellence in a Digital World’ and made announcements relevant to several talent development initiatives.

The company announced the launch of the applications for the global ITU-Huawei Generation Connect Young Leadership Programme. In addition, a joint project between Huawei and UNESCO’s Institute for Lifelong Learning (UIL), which will be implemented in Morocco, was also unveiled.

Huawei Cloud’s startup programme, which aims to enable growth for global startups, was also launched at the summit.

The event was attended by representatives from international organizations like ITU and UNESCO, government officials from Greece, Kenya, and Mexico, female industry leaders, entrepreneurs participating in the Huawei Cloud Startup Program, and participants in Seeds for the Future and several top competitions.

During the summit, speaking on behalf of Dr. Cosmas Zavazava, Director of the ITU’s Telecommunication Development Bureau, Mario Maniewicz, Director of the ITU’s Radiocommunication Bureau, launched the ITU Generation Connect Young Leadership Programme in partnership with Huawei.

Maniewicz said: “Youth aged 18 to 28 can submit their ideas for community projects addressing the digital divide and receive funding, mentoring, and training for implementation.

I encourage everyone to share widely in your diverse networks and ensure youth from all parts of the globe are part of this great movement.”

Applications can be made here: https://www.itu.int/generationconnect/GCYLP

Huawei joined UNESCO’s Global Alliance for Literacy (GAL) as an associate member last year and signed a partnership agreement with the UNESCO Institute for Lifelong Learning (UIL).

At the summit, UIL Director Isabell Kempf talked about the importance of empowering educators and gave a progress update on UIL’s project in this regard.

Kempf said: “We’re implementing a project that aims to strengthen the digital skills of literacy educators across several countries of the Global Alliance for Literacy.

Today, I’m proud to announce that, with the support of Huawei, we are able to launch the project in the Kingdom of Morocco as well.

This project will help 10,000 youth and adult literacy teachers, trainers, and managers to better use technologies in both literacy teaching and in their professional development.”

Vicky Zhang, Vice President of Huawei’s Corporate Communications Dept, said: “Huawei has long been committed to cultivating digital talent around the world.

I’m happy to see that our joint projects with partners are going on smoothly. I hope more people can participate in these projects. Stay connected and be role models for others; we become more than the sum of our individual parts. This is how an inclusive digital future will be shaped.”

Speakers from Greece, Kenya, and Mexico, as well as those from ASEAN, also shared their experiences with Huawei’s local talent training programs. Duan Xiaolei, General Manager of Huawei Cloud’s Global Startup Ecosystem, introduced Huawei Cloud’s enablement plans for global startups.

She also announced that the processes and services will be IT-based and intelligent to help start-up enterprises migrate to the cloud and access agile innovation; it will use Huawei’s internal and external ecosystem resources to enable entrepreneurs to accelerate and realize their business ambitions.

A digital badge for the Huawei ICT Academy was also released at the summit. Teachers and students at Huawei ICT Academies around the world can use this special digital badge on personal social media platforms like LinkedIn to showcase their teaching and learning achievements.

To date, Huawei’s talent training and education projects have been implemented in more than 150 countries and have benefited more than 2.83 million people.

Huawei Wins GSMA Foundry Excellence Award

Barcelona, Spain: At MWC Barcelona 2024, Huawei received the GSMA Foundry Excellence Award for its contributions to green telecom and 5G technologies. The award recognized Huawei’s support for industry collaboration.

Excellence Award 2024: Huawei’s Dr. Philip Song and Leo Ma accepted the award, highlighting Huawei’s role in GSMA Foundry’s “Towards Green” and “5G New Calling” innovation projects.

Read more: Huawei Announces Several Digital Talent Initiatives for 2024

Huawei’s innovations include the 1-2-3 green development solution for networks and the 1+3+N voice services solution, enhancing IMS networks with new capabilities.

The GSMA Foundry platform facilitates industry collaboration, and Huawei’s commitment to this platform supports green development and the success of commercial 5G.

Nature Ideas: GSMA Foundry serves as a collaborative space for developing and scaling solutions, with Huawei as a long-standing supporter, committed to innovation in ICT and the upcoming launch of 5.5G.

Saylani determined effort to wage war against the interest-based banking system

Karachi: Deputy Governor of the State Bank, Saleem Ullah during his address at the 2nd National Islamic Economic Forum condemned interest-based loans as a form of oppression, emphasizing the need for a rapid shift towards Islamic banking in Pakistan.

The forum, held in collaboration with Saylani Welfare International Trust and Darul Uloom Memon at a local hotel on Wednesday, brought together influential figures to discuss the challenges and opportunities in embracing an interest-free financial system.

Deputy Governor Saleem Ullah asserted that interest is an unjust system, calling on banks to focus on wealth creation, change attitudes, and take decisive actions rather than merely engaging in dialogue.

He expressed optimism about expediting the journey of Islamic banking in Pakistan by making swift decisions and educating the Shariah community about business.

Maulana Bashir Farooq Qadri, Founder Chairman of Saylani Trust and Convener of the Forum, echoed Deputy Governor SBP’s sentiments, declaring a determined effort to wage war against the interest-based banking system.

He underscored Saylani’s foundation on principles of Takwa and expressed confidence in the success of an interest-free economy, aligning with other institutions.

Mufti Azam Pakistan and National Islamic Economic Forum Patron-in-Chief Mufti Muneeb-ur-Rehman expressed concern over the slow progress in the journey towards Islamic banking in Pakistan.

He criticized the issuance of Sukuk by pledging immovable assets, deeming it insufficient for the country’s economic development.

Muneeb-ur-Rehman urged comprehensive economic planning by political leaders and economists for the next 5 to 20 years to avoid economic subjugation.

He said that Former Federal Finance Minister Ishaq Dar’s support for the Islamic system, but has concerns over the lack of tangible progress.

Criticizing the State Bank’s approach, Muneeb-ur-Rehman urged a direct establishment of Islamic banks instead of the opening of branches of conventional banks.

The National Islamic Economic Forum featured two panel discussions where experts and scholars delved into various Islamic banking products such as Mudarabah and Takaful.

Notable speakers included Afzal Chamdia, Amjad Chamdia, Trustee of Saylani, Badruddin Akbar, CEO of Central Depository Company, Yusuf Hussain CEO of Faisal Bank, Irfan Siddiqui President of Meezan Bank, Naseem Baig CEO of Arif Habib Consultancy, Shahzad Dada Former President of UBL, and IT expert Dr. Zia-ur-Rehman.

Deputy Governor Saleem Ullah reiterated support for Bashir Farooqui’s efforts to abolish interest and emphasized the role of banks in wealth creation.

He highlighted the challenge of businesses concealing profitable ventures from the State Bank while seeking loans for loss-making ventures.

The Deputy Governor advocated for the promotion of wealth creation through the Islamic banking system, calling for the establishment of a center of excellence to facilitate this movement.

Expressing commitment to the court’s decision, Saleem Ullah disclosed that 180 meetings have been conducted with various stakeholders to convert financial institutions into Islamic banking.

He stressed the importance of Islamic schools and madrassas teaching religious scholars about finance and economics.

Patron-in-Chief Mufti Muneeb-ur-Rehman warned of potential economic challenges, pointing out that if Saudi Arabia, China, and the United Arab Emirates withdraw their 6 billion dollars, Pakistan’s foreign exchange reserves will plummet to zero.

He criticized the growing budget deficit, escalating interest rates, and the impact on industrialists and housing sectors.

Bashir Farooq, Founder and Chairman of Saylani Welfare Trust, highlighted the dire economic situation in the country.

He expressed determination to continue the struggle against the interest-based economy and outlined Saylani’s efforts in IT training, aiming to reduce the country’s debt through IT exports.

Senior Journalist Auria Maqbool Jan emphasized the need to change the economic system for the successful implementation of the Islamic banking system.

He critiqued the current interest-based system, stating that it leads to unfavorable outcomes and urged a shift towards a more Islamic financial framework.

Managing Director and CEO of Pakistan Stock Exchange, Farrukh H Khan, underscored the significance of the conference in promoting Islamic finance.

He highlighted ongoing efforts in the capital market to align with Shariah principles and urged diversified investment beyond the banking sector.

As discussions unfolded, the collective call for decisive action and strategic planning to accelerate the adoption of Islamic banking in Pakistan resonated among participants.

The forum served as a platform for stakeholders to voice concerns, exchange ideas, and chart a course towards a more prosperous economic future rooted in Islamic financial principles.

FPCCI Elections: BMP Progressive has emerged as a powerful in business Community.

Karachi: Adeel Siddiqui, Coordinator of Businessmen Panel Progressive (BMPP), attributed the clean sweep in the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) elections to the pivotal role played by the Chambers of Commerce & Industry of Sindh, supported by the Associations.

He highlighted that the successful candidates achieved a significant margin, securing over 100 votes, underscoring the broad-based support received.

It should be noted that the four powerful personalities of the current ruling group BMP Saqib Fayyaz Magoon, Adeel Siddiqui, Shabbir Mansha and Khurram Ijaz had separated.

These figures are prominent in associations including the Chambers of Commerce & Industry of Inner Sindh and in the recent FPCCI elections, the BMP Progressive has emerged as a powerful party in the business community.

Adeel Siddiqui expressed his gratitude to all the voters and said that we are progressive people, and we will talk about progressive. Our first priority is to work together for the development of the country.

We have come up with an agenda of economic development and will make every possible effort to take the country on the road of development through mutual consultation.

Kinnow industry in deep crisis 50% decrease in export anticipates

Due to quality issue of kinnow, the export of kinnow worth USD 22 million from Pakistan is in jeopardy, Season’s span of 5 months has shrunk to 1.5 months, 50% Kinnow processing plants have shut down, Significant drop in exports’ orders, a big question mark on Rs.300 billion invested in the Kinnow processing plants & employment of 400,000 people!

Waheed Ahmed, the Patron –in – Chief of All Pakistan Fruit and Vegetable Exporters Association (PFVA) , has expressed serious concern over the current export situation of Kinnow from Pakistan and demanded for emergency measures to protect and restore the Kinnow industry at the Government level.

Until a few years ago, Pakistan was earning USD 220 million from the export of 450,000 tons of Kinnow but this year, this volume is likely to be limited to 1.5 – 2.5 million tons, which will earn barely USD 100 million.

Sargodha and Bhalwal regions of central Punjab in Pakistan are world famous for producing the delicious and juicy citrus fruit kinnow. The kinnow plantations spread over a wide area are the backbone of the economy of the region, where from the stages of Kinnow farming to processing and packing, 400,000 people are employed and around Rs. 300 billion has been invested in 200 processing plants of kinnow.

The current variety of kinnow was introduced in Pakistan 60 years ago and over time this variety has lost its natural resistance against diseases while the effects of climate change has further weakened the variety leading to significant reduction in yield & quality deterioration.

For the past six years, Pakistan Fruit and Vegetable Exporters Association has been drawing the attention of the Punjab Government , the Federal Ministry of National Food Security & Research (MNFSR) and related agricultural research institutions to the concerns over production of Kinnow, however due to the lack of Government attention, the kinnow industry, generating millions of USD has reached the brink of collapse and it is strongly feared that the export of kinnow from Pakistan will be completely stopped in the next two years!

According to Waheed Ahmed, the current variety of Kinnow has already reached its end of life long ago and due to lack of development of new varieties, Pakistan finds no way out to maintain its position in the export of citrus fruits.

Waheed Ahmed said that the PFVA has been cautioning Punjab and the Federal Government for many years that if new varieties of Kinnow are not introduced, the industry will collapse and employment of millions of people would be at stake while the country would also be deprived of foreign exchange worth billions of Rupees.

Highlighting the current situation, Waheed Ahmed disclosed that almost 50% of the 200 Kinnow processing plants have been closed since the commencement of the Kinnow season. This year, the export of Kinnow is likely to be limited to one and a half to two and a half lakh tons, which will earn barely USD 100 million as foreign exchange.

He further shared that usually any fruit variety reaches its maturity in 25 years, after which modern varieties to replace this variety have to be introduced. The current variety of Kinnow was introduced in Pakistan 60 years ago and despite its “Pretty old age”, new varieties have not yet been developed!

Kinnow orchards have become “hub of diseases” &, the appearance of the Kinnow also deteriorated due to the spots on its skin making it unsuitable for export. On the other hand, the shelf life of Kinnow has also decreased. The export consignments are being rejected and large quantities of Kinnow are reaching the International export market in damaged condition , causing huge financial losses to both exporters and importers.

Waheed Ahmed stressed that there is an urgent need to work on new varieties of citrus fruits, including early, middle and late varieties. New varieties of lemons and oranges, along with mandarin (Kinnow ), if introduced today would take five years to attain commercial production and require the establishment of citrus farms outside traditional areas to protect them from citrus diseases prevalent in existing areas.

Waheed Ahmed explained that the new varieties would be more suitable due to their ability to cope with the effects of climate change. With the cultivation of new varieties, after five years, the export of Citrus fruits can be enhanced up to USD 03 million and with a gradual increase for the next ten years, USD 01 billion can be generated from the export of fresh Citrus Fruits & value added products.

Waheed Ahmed deplored that due to reduction in shelf life and quality issues of kinnow , Pakistan is not getting export orders this year while several buying countries have informed that they will not import Kinnow from Pakistan this year. This season, the export has started from 15th November but due to lack of export orders at the peak of the season, the processing plants of the Kinnow are closed and now the exporters are considering to close their plants permanently and abandon this sector.

Fewer orders have been received from Pakistan’s traditional Kinnow markets of Russia, Philippines, Indonesia, UK and Canada. Due to the short shelf life, most of the Kinnow is being exported by land route to the Central Asian States, in which Tajikistan and Kazakhstan are at the top, but due to the large-scale export, the supply and demand balance in these markets has been disturbed. Buyers are also not buying anymore and exporters are facing a loss of USD 3-4 million on a box of 10 kg kinnow in these markets as well.

The Association (PFVA) has been warning the government about this serious threat for many years, but no steps have been taken by the Punjab Government or on Federal level for development of new varieties for survival of this vital industry.

The caretaker government has formed committees at the Punjab and Federal levels, but the meetings of these committees could not do anything beyond considering the situation and formulating proposals. Kinnow exporters and growers held several meetings with the Punjab caretaker minister S.M. Tanveer in which they agreed on a plan for the survival and revival of the Kinnow industry, but so far no plan has been made.

The PFVA has reiterated its proposals in the Punjab and Federal level committees to immediately develop new varieties of Citrus fruits, establish nurseries for new varieties and regulate these nurseries with legal protection, so that new disease-free varieties capable of coping with climatic challenges can be developed. The experience of China, Turkey, Egypt, Morocco and the United States should be taken advantage of for the recovery of the Citrus Fruit industry ….

UBG Secures Resounding Victory in FPCCI Elections for 2024-25 Term

Karachi: The United Business Group (UBG) and Businessmen Panel Progressive (BMP) emerged victorious in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) elections for the term 2024-25, with a majority of their nominated candidates succeeding in various key positions.

Unofficial results, disclosed late Saturday night, revealed a sweeping success for UBG and BMP Progressive candidates who secured leading seats, including the positions of president and senior vice president.

Atif Ikram Sheikh, the UBG’s presidential candidate, unofficially clinched victory, triumphing over BMP’s Muhammad Ali. Simultaneously, Saquib Fayyaz, another UBG nominee, secured the senior vice president slot by defeating Abdul Ghani from BMP.

For the reserve seat of Women Chamber, UBG’s Qurat ul Ain emerged victorious, while Nasir Khan of BMP secured the Balochistan chamber seat. The UBG dominated in the election of vice presidents, with Asif Inam, Aman Paracha, Asif Sakhi, and Zaki Ejaz winning all four seats in the Association Class category.

Read More: FPCCI Election Showdown: UBG vs. BMP for President

Representing Khyber Pakhtunkhwa, Aun Ali Syed from BMP was elected as vice president, while Tariq Mehmood Jadoon from UBG secured the vice president seat from Small Traders. Zain Iftikhar, representing UBG, emerged victorious as the vice president from Punjab.

A closely contested race unfolded for the vice president seat from Sindh, with Abdul Muhamin Khan from UBG and Muhammad Yahya Memon from BMP. The result was withheld as both candidates received an equal number of votes, to be announced later.

The FPCCI elections showcased UBG’s dominance and the widespread support for its candidates, signifying a strategic shift in leadership within the business community for the upcoming term. The successful candidates are poised to contribute to the economic development and growth initiatives in Pakistan.

FPCCI Election Showdown: UBG vs. BMP for President

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is set to conduct its elections today for the term of 2024-25, featuring a keen competition between two major groups, the Businessmen Panel (BMP) led by Anjum Nisar and the alliance of Businessmen Panel (Progressing) with United Business Group (UBG) led by Iftikhar Ali Malik and S M Naseer.

Scheduled to begin at 9:30 am and conclude at 5:30 pm, the elections will determine the president, senior vice president, and various vice presidents representing different regions and sectors. The candidates, nominated by chambers of commerce and industries, women chambers, and national level associations, will cast their votes in this annual FPCCI election.

The focal point of contention is the presidential seat, where Atif Ikram Sheikh from UBG and Muhammad Ali from BMP are engaged in a direct competition. Similarly, the race for senior vice president features Saquib Fayyaz of UBG and Abdul Ghani of BMP.

Competitive battles for vice president positions are taking place in Sindh, Punjab, Khyber Pakhtunkhwa, Baluchistan, and the federal area, with candidates from both BMP and UBG vying for these crucial roles. Additionally, contested seats for vice presidents representing small traders, women chambers, and the Association Class add further intensity to the electoral landscape.

As the day progresses, both BMP and UBG express confidence in securing victories and shaping the leadership of FPCCI for the coming year.

Pakistan Breaks 37-Year Drought, Wins Junior Squash Championship

In a historic triumph, Pakistan’s Hamza Khan secured victory over Egypt’s Mohamed Zakaria in the World Junior Squash Championship held in Melbourne. This remarkable win marked the end of Pakistan’s nearly four-decade-long trophy drought in the championship.

Hamza’s exceptional performance led Pakistan back to the world squash podium, as he emerged victorious with a 3-1 win against Zakaria. This achievement marked Pakistan’s first World Junior Squash title in 37 years, with the last Pakistani player to claim this prestigious trophy being Jansher Khan in 1986.

h2>Hamza Khan Wins World Junior Squash Championship

The final match between Hamza and Zakaria commenced with an exhilarating start, with two consecutive games ending in tiebreakers. However, Hamza displayed remarkable skill and determination, securing the following two games to clinch the 3-1 victory.

During the second game, Zakaria initially took the lead in a gripping 26-minute battle, ultimately winning with a score of 12-10. Despite being down 8-10, Hamza showcased resilience by denying Zakaria the game point twice and ultimately leveling the match with a 14-12 win.

The dynamics of the next two games were in stark contrast to the intensity witnessed in the initial stages. Hamza dominated the third game, securing a swift 11-3 victory in just 6 minutes. He continued his exceptional performance in the fourth game, ultimately winning with a score of 11-6.

Hamza’s qualification for the final of the World Junior Squash Championship was a testament to his skill and determination. In the semifinals, he faced a tough challenge from French player Melvil Scianimanico, who fought back from two games and match point down. However, Hamza showcased his resilience and emerged victorious in the decider, securing his place in the final.

Pakistan Breaks 37-Year Drought

Pakistan’s triumph in the World Junior Squash Championship not only highlights the exceptional talent of Hamza Khan but also signifies the resurgence of Pakistan in the international squash arena. This victory serves as a momentous occasion for Pakistan’s squash community and reinforces the country’s status as a force to be reckoned with in the sport.

Google Explores AI Tools to Support Journalists

  1. Google explores AI tools to support journalists and enhance their productivity.

  2. Experts are considering “Genesis,” for assisting journalists with headlines and writing styles.

  3. Executives have expressed skepticism about the tool’s potential impact on the journalistic process.

Google is delving into the use of artificial intelligence (AI) tools for writing news articles. This is to enhance productivity and support journalists. The company spokesperson confirmed this development on Wednesday. He revealed that Google is currently in discussions with various news organizations to explore. They will examine how these tools can assist journalists in their work.

While specific publishers were not mentioned, it was reported that Google has been in talks with prominent media outlets.

These outlets include the Washington Post, News Corp. (owner of the Wall Street Journal), and the New York Times, among others.

The AI tools under consideration could offer journalists options for crafting headlines. It will help adopting different writing styles, work efficiency and output. However, the spokesperson made it clear that the AI tools will not replace journalists. Their expertise in reporting, creating, and fact-checking their articles will all make a difference.

He said that these tools are support the streamline writing process.

Internally referred to as “Genesis,” the AI tool has faced some skepticism. Executives had a chance to review it. These critics expressed concerns about the potential disregard for the journalistic process. This is crucial to ensure the accuracy of the news pieces.

Google’s spokesperson highlighted that this exploration of AI tools for journalism is still in its early stages, and the company is actively seeking feedback and input from various media partners to refine the technology.

Regarding language support, inquiries were made about whether the AI tool currently supports Arabic or is limited to English, but there has been no official response from Google on this matter yet.

Read More: NBP Collaborates with NRTC to Enhance Digitalization Efforts

This development comes shortly after the Associated Press announced its partnership with OpenAI, the owner of ChatGPT, to explore the use of generative AI in news reporting.

The industry is cautiously adopting this technology, with some media outlets already utilizing generative AI for content creation.

Human and AI-generated content

However, concerns about potential inaccuracies and the challenge of distinguishing between human and AI-generated content have led to a slower adoption rate in the news publishing sector.

As technology continues to evolve, it’s important to strike a balance between harnessing the power of AI to enhance journalism while preserving the essential role of human journalists in delivering reliable and factual news to the public.

NBP Collaborates with NRTC to Enhance Digitalization Efforts

In a significant move towards digital transformation, the National Bank of Pakistan (NBP) has entered into an agreement with the National Radio Telecommunication Corporation (NRTC) for the procurement of Thin Client PCs. This collaboration aims to equip NBP branches and ATM hotlines with advanced technology, ensuring better customer service and operational efficiency.

The agreement, facilitated under a Government-to-Government (G2G) arrangement, marks a milestone initiative by the NBP management to accelerate the digitalization of its branches. By adopting Thin Client PCs, the bank aims to streamline its operations, enhance security measures, and provide customers with a seamless banking experience.

Thin Client PCs are lightweight computing devices that rely on a central server for processing power and storage. This technology enables centralized management, reduces maintenance costs, and enhances data security. By implementing Thin Client PCs across its network, NBP aims to optimize its branch operations and improve service delivery.

The collaboration with NRTC, a renowned provider of telecommunication and IT solutions, ensures that NBP will have access to state-of-the-art technology and expertise. NRTC’s extensive experience in the field will contribute to the successful implementation of the digitalization initiative.

This strategic partnership aligns with NBP’s commitment to embracing digital innovation and providing its customers with convenient and efficient banking services. The adoption of Thin Client PCs will enable NBP to offer a range of digital banking solutions, including online transactions, real-time updates, and personalized customer support.

The digitalization of NBP branches and ATM hotlines will not only enhance customer experience but also improve operational efficiency. With streamlined processes and advanced technology, the bank will be better equipped to meet the evolving needs of its customers in an increasingly digital world.

This collaboration between NBP and NRTC represents a significant step towards a more digitally-driven banking sector in Pakistan. As the country continues to embrace technological advancements, NBP remains at the forefront of innovation, ensuring that its customers benefit from cutting-edge solutions and a seamless banking experience.

With the procurement of Thin Client PCs, NBP is poised to revolutionize its branch operations and reinforce its position as a leader in the banking industry. The partnership with NRTC underscores NBP’s commitment to leveraging technology for the benefit of its customers and driving the digital transformation of the banking sector in Pakistan.

SBP Launches Commemorative Rs. 75 Banknote

In a tribute to its rich history and contributions to the nation’s economy, the State Bank of Pakistan (SBP) has unveiled a new Rs. 75 banknote, marking the central bank’s 75th anniversary since its establishment. The commemorative banknote was revealed by Governor SBP, Jameel Ahmad, during an inaugural ceremony held on Tuesday.

The newly issued Rs. 75 banknote will soon be available for public circulation at all SBP BSC (Banking Services Corporation) offices and branches of commercial banks across the country. With its introduction, the SBP aims to honor its enduring legacy while providing the general public with a tangible symbol of national pride.

The freshly minted banknote, featuring intricate designs and state-of-the-art security features, represents a significant milestone in the history of the SBP. Its introduction serves as a reminder of the central bank’s unwavering commitment to ensuring financial stability and fostering economic growth throughout Pakistan’s history.

Governor Jameel Ahmad expressed his pride in unveiling the new banknote, stating, “This commemorative Rs. 75 banknote is a testament to the SBP’s longstanding dedication to the prosperity of our nation. It symbolizes our rich heritage and the immense progress we have achieved over the past 75 years.”

The new banknote will function as a legal tender, acceptable for all types of transactions across the country. Its availability will facilitate daily financial activities, providing convenience and ease to individuals and businesses alike.

The SBP has always been at the forefront of monetary policy, regulation, and financial services in Pakistan. As the country’s central bank, it plays a pivotal role in maintaining stability in the financial sector and ensuring the smooth functioning of the economy. Over the years, the SBP has implemented various policies and initiatives to foster economic growth, enhance financial inclusion, and promote a secure and resilient banking system.

The introduction of the Rs. 75 banknote not only pays tribute to the past achievements of the SBP but also reflects its commitment to future progress. It serves as a reminder of the central bank’s ongoing efforts to adapt to evolving economic needs and technological advancements, while remaining steadfast in its core mission.

As the public eagerly awaits the availability of the new banknote, the SBP and commercial banks are working diligently to ensure a seamless distribution process. Soon, citizens across Pakistan will have the opportunity to own this special edition banknote and celebrate the remarkable journey of the State Bank of Pakistan over the past 75 years.

Historic Hajj 1444 Concludes with ‘Stoning of the Devil’ Ritual

The Hajj 1444 came to a close as vast crowds of robed pilgrims gathered in Saudi Arabia. Hundreds of thousands of Muslim pilgrims in Mina took part in the “stoning of the devil” ritual, pelting three concrete structures representing Satan before proceeding to Makkah for the final tawaf.

In the scorching Saudi Arabian heat, the largest Hajj pilgrimage since the beginning of the pandemic concluded as vast crowds of pilgrims in robes participated in the ritual known as the “stoning of the devil.” From early morning in Mina, hundreds of thousands of Muslim pilgrims threw pebbles at three concrete structures symbolizing Satan before heading to Makkah for the final tawaf.

This year’s Hajj, with over 1.8 million participants, marks the first unrestricted pilgrimage since the onset of Covid in 2020. Although it falls short of the record-breaking 2.5 million pilgrims in 2019 before the pandemic, the turnout is still significant. Visitors have faced not only large crowds but also extreme temperatures, with the mercury soaring to 48 degrees Celsius (118 Fahrenheit) during prayers at Mount Arafat.

Hajj 1444

This year’s Hajj, with over 1.8 million participants, marks the first unrestricted pilgrimage since the onset of Covid in 2020. Although it falls short of the record-breaking 2.5 million pilgrims in 2019 before the pandemic, the turnout is still significant. Visitors have faced not only large crowds but also extreme temperatures, with the mercury soaring to 48 degrees Celsius (118 Fahrenheit) during prayers at Mount Arafat.

Hajj 1444

Amidst buzzing helicopters, pilgrims flooded the streets of Mina while the Grand Mosque in Makkah was filled with circling pilgrims who congratulated each other on completing the Hajj. The attendance figure, announced by Saudi officials, is primarily comprised of more than 1.6 million foreigners from approximately 160 countries. The Hajj holds substantial economic importance for Saudi Arabia, generating an estimated $12 billion annually from the pilgrimage and year-round Umrah pilgrimages, as the country seeks to diversify its oil-dependent economy.

To ensure the well-being of pilgrims, King Salman of Saudi Arabia pledged to cover the cost of sacrificial animals for nearly 5,000 of the most impoverished pilgrims. The ritual of stoning the devil on Wednesday marks the beginning of the three-day Eidul Azha holiday, observed by Muslims to commemorate Hazrat Ibrahim’s (Peace be Upon Him) willingness to sacrifice his son.

The Mina site, which has been the site of deadly stampedes in the past, has undergone extensive remodeling to enhance safety. Since 2015, when a stampede claimed the lives of up to 2,300 worshippers, no major incidents have occurred. Nevertheless, precautions have been taken to minimize risks, including the construction of a multi-story bridge to facilitate safe access to the monoliths.

The scorching conditions have proven to be a significant challenge for this year’s pilgrims, particularly the elderly, as an age limit was no longer imposed. The Hajj, following the lunar calendar, frequently falls in the Saudi summer when desert temperatures are amplified due to global warming. Experts have cautioned that temperatures of 50 degrees Celsius may become a regular occurrence in Saudi Arabia by the end of the century.

In order to shield themselves from the sun, many pilgrims have been walking with umbrellas, while others hold their folded prayer blankets above their heads. Heat exhaustion and heatstroke have affected numerous individuals, with at least 287 people receiving medical treatment.

Hajj 1444

The Hajj rituals commenced at Mecca’s Grand Mosque on Sunday, Islam’s holiest site, followed by an overnight stay in tents and prayers on Mount Arafat, where it is believed that the Prophet Muhammad (Peace be Upon Him) delivered his final sermon.

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Pakistan Army Dismisses 3 Officers, Following May 9 Riots

Islamabad: The Pakistan Army has taken decisive action against its officers following the May 9 riots, resulting in the dismissal of three officers, including a Lieutenant General. The Director General of the Inter-Services Public Relations (ISPR), Maj-Gen Ahmad Sharif Chaudhry, revealed that disciplinary proceedings have also been completed against three major generals and seven brigadiers.

In a press conference held today, Maj-Gen Sharif described the events of May 9 as a premeditated conspiracy against Pakistan, orchestrated over several months. He denounced the riots as “extremely disappointing, condemnable, and a black chapter in the history of our country.”

The ISPR spokesperson emphasized that the Pakistan Army would neither forget nor forgive those responsible for the May 9 incidents. He stated that an investigation had confirmed the preplanning of the riots, including the creation of a conducive environment to incite and provoke people against the army.

Furthermore, Maj-Gen Sharif highlighted the dissemination of a false narrative on social media platforms, both within and outside the country. The authorities have gathered evidence to support these claims.

Video Montage Presentation

During the press conference, the major-general presented a video montage featuring testimonies from family members of the martyrs, evoking the grief and anger felt by the heirs of the fallen soldiers and veterans of the armed forces.

Maj-Gen Sharif underlined the unity and clarity of the decisions taken by the Pakistan Army, as demonstrated through press releases issued on May 15, May 25 (Martyrs Day), and June 7 (81st Formation Commanders’ Conference). He reassured the public that those responsible for the May 9 riots would face punishment in accordance with the Constitution of Pakistan and the law, regardless of their affiliations with any institution, political party, or individual.

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Regarding the accountability process, the military spokesperson confirmed that one three-star officer, a Lieutenant General, has been terminated from service. He emphasized that the military’s accountability process is carried out without discrimination, and inquiry commissions, headed by major-general rank officers, were established following the May 9 events.

“Three officers, including a lieutenant-general, have been fired, and disciplinary proceedings against other officers, including three major generals and seven brigadiers, have been completed,” Maj-Gen Sharif declared.

Responding to inquiries about the involvement of the military in the May 9 events, the spokesperson provided evidence, including CCTV footage, audio recordings, and statements from suspected individuals, indicating that army installations were targeted and attacked as part of a premeditated plan. He refuted the notion that the Pakistan Army had manufactured this narrative against itself, pointing out that over 200 military installations were attacked across the country within hours of the arrests made.

Intelligence-Based Operations

In addition, the ISPR spokesperson highlighted the security forces’ ongoing efforts in conducting major and minor intelligence-based operations against terrorists and their facilitators. He revealed that this year alone, 13,619 terrorists and their facilitators had been targeted, resulting in the arrest or elimination of 1,132 individuals.

As the accountability process continues, the spokesperson assured the public that all those involved in the May 9 incidents would be held accountable, regardless of their positions or affiliations. He disclosed that even the granddaughter of a retired four-star general and the son-in-law of another four-star general are currently in military custody.

The press conference concluded with the military spokesperson reaffirming the Pakistan Army’s commitment to self-accountability

and the due process of law. He cited the validation of military court proceedings by the International Court of Justice, emphasizing that the accused individuals had the right to appeal in the apex court.

Passengers on Board Missing Titan Sub Believed to Be Dead

In a devastating update, the operator of the Titan submersible, OceanGate, has declared that the five passengers on board the vessel are now believed to be dead This heart-wrenching announcement comes after debris was discovered in the search area, leading to fears of a tragic outcome.

OceanGate expressed its deepest condolences, stating, “Our hearts are with these five souls and every member of their families during this tragic time.”

Related: Debris Field Discovered Near Titanic, says US Coast Guard

The US Coast Guard has been actively involved in the search and rescue efforts for the missing submersible. Rear Admiral Mauger has confirmed the discovery of parts belonging to the Titan. The Coast Guard held a press conference at 15:00 local time (20:00 BST), where further details were expected to be revealed.

Earlier, diving expert David Mearns, a close friend of the passengers, disclosed that the recovered debris consisted of a landing frame and a rear cover from the submersible. These findings were made on the seabed near the legendary Titanic wreck, amplifying the anguish and concern surrounding the situation.

The distressing turn of events began on Sunday when contact with the Titan was abruptly lost during its descent towards the Titanic wreck. The submersible, which carried five individuals, has since remained unaccounted for, casting a cloud of uncertainty over their fate.

As the investigation continues, the world anxiously awaits further updates from the authorities regarding the circumstances surrounding this tragic incident. The thoughts and prayers of people worldwide are with the families and loved ones of the passengers, as they cope with the immeasurable grief and loss caused by this heartbreaking event.

Debris Field Discovered Near Titanic, says US Coast Guard

  • US Coast Guard finds Titanic debris, evaluation in progress.
  • Critical search stage for missing submersible near Titanic.
  • Multi-national efforts to locate missing submersible.

The urgent search for a missing submersible near the Titanic wreckage has reached a critical stage, with only a limited air supply remaining for the five individuals on board. Despite this dire situation, officials are determined to continue scouring the remote waters of the North Atlantic.

The US Coast Guard announced on Twitter that a remotely operated vehicle, deployed from a Canadian vessel, has uncovered a “debris field” in close proximity to the Titanic. The information is currently being evaluated by experts.

In a parallel effort, a robot from a French research ship has also been dispatched to explore the ocean floor, specifically focusing on detecting any signs of the 22-foot Titan submersible.

The Titan, operated by OceanGate Expeditions based in the US, embarked on its descent at 8 am on Sunday, intending to reach the ocean floor within two hours. Unfortunately, contact with its support ship was lost, prompting concerns for the submersible’s occupants. The Titan carried a 96-hour air supply, which would have been depleted by Thursday morning if the submersible remains intact. The actual timeframe depends on variables such as power availability and the calmness of those on board.

Read More: PM Shehbaz Demands Swift Justice in Greece Boat Tragedy

Optimism arose among rescuers and the families of the five individuals when the US Coast Guard reported that Canadian search planes had picked up undersea sounds through sonar buoys on Tuesday and Wednesday.

However, subsequent searches using remote-controlled underwater vehicles did not yield any conclusive results, leading officials to caution that the detected sounds may not have originated from the Titan.

Rear Admiral John Mauger of the US Coast Guard stated on NBC that the search operation will continue throughout the day.

Deep-sea Expedition

This deep-sea expedition to the Titanic, which sank in 1912 during its inaugural voyage after colliding with an iceberg, marks the culmination of a high-priced adventure offered by OceanGate at $250,000 per person.

Among the passengers on the Titan were British billionaire and adventurer Hamish Harding, 58, and British citizens Shahzada Dawood, 48, a business magnate, and his 19-year-old son Suleman. French oceanographer and renowned Titanic expert Paul-Henri Nargeolet, 77, and Stockton Rush, the American founder and CEO of OceanGate (who is married to a descendant of two Titanic victims), were also aboard.

PM Shehbaz Demands Swift Justice in Greece Boat Tragedy

Islamabad: Prime Minister Shehbaz Sharif presided over a significant meeting today in Islamabad to discuss the recent tragic incident involving a boat capsizing near Greece in the Mediterranean. The purpose of the meeting was to address the issue of human smuggling and to ensure swift action against those responsible for the boat tragedy.

Attended by Interior Minister Rana Sanaullah, Information Minister Marriyum Aurangzeb, Special Assistant Tariq Fatemi, DG FIA, Chief Secretary Azad Jammu and Kashmir, and other senior officials, the meeting provided detailed insights into the Greece Boat Tragedy.

According to reports shared during the meeting, the Greek Coast Guard discovered the boat on June 12, estimating its capacity to be around 700 individuals. The boat, owned by an Egyptian, carried passengers primarily from Syria, Libya, and Pakistan. Of the 104 individuals rescued from the boat, 15 were identified as Pakistani nationals.

The meeting highlighted that following the boat’s capsizing, authorities arrested 15 individuals, including the main suspect associated with the incident. It was further revealed that a transnational network is involved in human trafficking operations.

PM’s Dissatisfaction on Greece Boat Tragedy

Expressing his concern, Prime Minister Shehbaz questioned why the activities of human traffickers were not intercepted in time. He expressed his dissatisfaction with the district administrations for their failure to promptly address the actions of these smugglers and agents.

In response, PM Shehbaz directed the investigation committee to expedite their efforts and submit a detailed report on Greece Boat Tragedy.

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He also instructed Interior Minister Rana Sanaullah to oversee the investigation personally and propose necessary legislation to hold the responsible individuals accountable. Additionally, the Federal Investigation Agency (FIA) was directed to take appropriate measures, while the commissioner of Gujranwala was instructed to identify and bring local agents involved in human trafficking to justice.

Accused of Human Trafficking

The arrest of Mumtaz Arain, the alleged prime accused in the human trafficking case, was made possible due to instructions from Punjab Inspector General (IG) Dr. Usman Anwar.

As witness accounts suggest that the death toll may be in the hundreds, Greek authorities have reported 104 survivors and 78 bodies recovered from the incident. Unfortunately, hopes of finding additional survivors are diminishing.

Urdu University students deprived of PM’s Laptop Scheme

Dr. Irfan Aziz, the General Secretary of the faculty organization at the Federal Urdu University, Abdul Haq Campus Karachi, has expressed concern that the students of the university will be deprived of the Prime Minister’s Youth Laptop Scheme.

He stated that the administration had set the deadline of June 20 for submitting applications for the laptop scheme, but due to the Eid al-Adha holidays and ongoing examinations at the university, it was not possible to proceed with the process.

Prime Minister’s Youth Laptop Scheme

Dr. Irfan, the General Secretary of the faculty organization, said that this scheme is the best initiative for the youth by the current government, and the students are eagerly awaiting the benefits of this scheme. However, it is not feasible to submit applications within the limited time available under the current circumstances.

Faculty organization’s appeal to the Prime Minister

General Secretary appealed to the Prime Minister, Minister of Education, and other authorities through the faculty organization’s platform to extend the deadline for submitting applications in the laptop scheme.

Dr. Irfan Aziz demanded that the eligible students be given the opportunity to benefit from this scheme so that they can play their full role in brightening the future of the country’s youth.

Govt Maintains Fuel Prices Unchanged for Next Fortnight

Finance Minister Ishaq Dar announced in a televised address that the federal government has decided to keep fuel prices unchanged for the upcoming fortnight.

This decision was made in consideration of international rates, despite slight increases in global crude oil and gas prices in recent days.

Fuel Prices

Ishaq Dar emphasized that the government had already reduced diesel and petrol prices by Rs35 and Rs20 respectively over the past 30 days. These reduced prices will remain in effect until June 30.

Read More: Govt Reduces Petrol Prices, Eases Burden on Pakistanis

Earlier on May 31, the federal government had reduced petroleum product prices by up to Rs8 per litre. Petrol prices were decreased to Rs262 per litre, while diesel prices saw a reduction to Rs253 per litre.

Government Decision

The government’s decision to maintain current fuel prices comes amid mounting pressure caused by previous record-high petrol prices of Rs282 per litre and soaring inflation, which is currently the highest in the region.

While the recent decline in global oil prices has provided some relief, the government continues to face challenges in keeping prices stable due to the depreciation of the rupee.

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