web analytics

ARY NEWS

Anjum Wahab

  • Pakistan Navy’s Exercise Seaspark 2020 begins in Karachi

    Pakistan Navy’s Exercise Seaspark 2020 begins in Karachi

    KARACHI: The inaugural ceremony of Pakistan Navy’s Exercise Seaspark 2020 was held in Karachi on Wednesday.

    Chief of the Naval Staff Admiral Zafar Mahmood Abbasi was the chief guest on the occasion, reported Radio Pakistan.

    The participants of the ceremony were briefed on the objectives and strategy of the exercise, and the force commanders presented their plan of action in the ceremony.

    The purpose of Seaspark 2020 exercise is to assess war preparedness and validate operational plans of Pakistan Navy taking cognizance of emerging regional and global challenges.

    The exercise Seaspark 2020 will provide impetus to Pakistan’s resolve of maintaining peace, security and stability in the region.

    Last month, sixth bilateral exercise Sea Guardians-2020 between Pakistan Navy and PLA (Navy), was held at Pakistan Navy Dockyard.

    Deputy Commander of Southern Theatre Command PLA, Vice Admiral Dong Jun was in attendance as Chief Guest of the occasion. Commander Pakistan Fleet, Vice Admiral Asif Khaliq was also present at the occasion.

    Exercise Sea Guardians-2020 is aimed at sharing professional experiences on contemporary and non-traditional threats at sea, improve security cooperation and promote safe and sustainable maritime environment in the region.

  • Children actively employed by thieves in Karachi, caught on tape

    Children actively employed by thieves in Karachi, caught on tape

    KARACHI: A group of expert lock-pickers has been on the rampage in the metropolis, A CCTV footage of the incident revealed children employed by the group to carry out robberies, ARY News reported.

    According to details, Afghan origin children are being used by the gang to carry out robberies in Karachi.

    Read More: Evacuation orders issued to settlers living on Railways land in Karachi

    The video shows a child climbing a rooftop in the local steel market in the Bheem Pura area of the city was caught on video, the child has been revealed as someone who was seen picking litter around the area.

    It has been revealed that the group has also been found involved in stealing water motors from traders and shopkeepers in the area.

    A trader claimed that the children who are seen picking up litter in the streets are often found involved in crimes like stealing car batteries and picking locks of shops depriving them of valuables inside.

    Read More: Groom manhandled over contracting third marriage in Karachi

    Earlier on February 9, a gang has activated in Karachi that put locks on gas meters and demands money from the citizens for resuming the supply.

    A group of unidentified men is found involved in forcing people to pay them after blocking the gas meter by putting locks on it. After locking the gas meters, they left handwritten slip with a mobile number for the victim to pay out money through mobile banking in order to unblock their gas connections.

  • Evacuation orders issued to settlers living on Railways land in Karachi

    Evacuation orders issued to settlers living on Railways land in Karachi

    Supreme Court of Pakistan on Tuesday issued notices to illegal residents on land owned by Pakistan Railways in Karachi asking them to vacate premises soon, ARY News reported.

    According to details, the order states that the land adjacent to and along the Karachi city area till Drigh Colony was housed by illegal residents who are hereby ordered to vacate at the earliest possible convenience or action will be taken against them.

    Read More: Officials face resistance upon operation to evacuate railways land

    The Pakistan Railways said that the matter will be resolved by means of law enforcement if illegal settlers refused to move and pay heed to the orders of the apex court.

    The notice allows exercising lawful means to vacate the government-owned land.

    Earlier in the day, Federal Minister for Pakistan Railways, Sheikh Rasheed Ahmed called upon the Prime Minister of Pakistan, Imran Khan on Tuesday in Islamabad.

    The two dignitaries discussed matters pertaining to the current political environment in the country.

    Read More: =PM Khan directs to ensure safety of Pakistani students in China

    Sheikh Rasheed Ahmed apprised the premier with the ongoing project of ML-1 and briefed him about the railways business plan.

  • Officials face resistance upon operation to evacuate railways land

    Officials face resistance upon operation to evacuate railways land

    KARACHI: The residents have staged protest as the officials of local administration launched operation to raze illegal building from the Pakistan Railways lands in Gulshan-e-Iqbal, Karachi, ARY News reported on Tuesday.

    According to details, the team  faced strong resistance from the residents when they tried to raze building near Gillani Railway Station in Gulshan-e-Iqbal.

    The women present in the building, stopped the officials from entering the building and raised high-pitch slogans against the staff.

    It is to be mentioned here that the operation was started to implement the orders of Supreme Court (SC) to demolish all the buildings illegally constructed on railways land.

    Read more: Pakistan Railways land worth Rs30m retrieved in Punjab

    Chief Justice of Pakistan (CJP) Gulzar Ahmed had remarked that Sindh government took responsibility to recover circular railways land in Karachi, however, nothing was done in this regard.

    Justice Gulzar had questioned Clifton Cantonment Board over encroachments in Delhi and Punjab colonies over which, the Cantt official told that this land belongs to the government.

    The top judge directed city commissioner to evacuate the occupied land in one week and ordered to demolish all the buildings, housing societies and petrol pumps illegally constructed on railways land.

  • Bulls in PSX as 100-index gains 317 points

    Bulls in PSX as 100-index gains 317 points

    KARACHI: Finally respite for the investors of the Pakistan Stock Exchange (PSX) as the 100-index gained 317 points on Tuesday, ARY News reported.

    The bulls took over the market after continued bearish trend, the index gained 317 points in the first half of the trading.

    The 100-index presently trading at 39,614 points. The index  had closed at the level of 39,297 points on Monday (yesterday).

    It may be noted that the KSE-100 index had lost 847 points on close of the first trading day of the week.

    Read more: PSX loses another 847 points, bears run amok on first day of week

    The stock market (PSX) in the previous week followed similar trend and lost massive 1,487 points or 3.6pc, representing the highest weekly decline in recent months during which the market regained much stability, and dropped to 40,143.63 at close on Friday.

    According to reports, a staggering sum of Rs276 billion was wiped off the market capitalisation at the Pakistan Stock Exchange (PSX) in five-day trading of the last week. Foreign investors were net sellers in the equity market, offloading $4.1 million worth of shares.

  • PSX lost 1,487 points during last trading week

    PSX lost 1,487 points during last trading week

    KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend in the last trading week as KSE-100 index lost 1,487 points, ARY News reported.

    As per the weekly trading report issued by the PSX, a total of 670 million shares were traded, whereas the index saw the highest level of 41,630 points while the lowest was recorded at 40,046 points.

    The value of shares traded during the day stood at Rs 6.810 billion as compared to Rs 5.864 billion during last trading day.

    Read more: PSX continues bearish trend as 100-index loses 700 points

    Total 355 companies’ transacted shares in the Stock Market on Thursday, out of which 47 recorded gain and 291 sustained losses whereas the share price of 17 companies remained unchanged.

    The three top traded companies were, Maple Leaf with a volume of 21,467,000 shares and price per share of Rs 21.81, Lotte Chemical with a volume of 17,385,500 and price per share of Rs 13.92 and Unity Foods Ltd with a volume of 14,431,500 and price per share of Rs 12.66.

  • Price of sugar goes up in wholesale, retail markets of Karachi

    Price of sugar goes up in wholesale, retail markets of Karachi

    KARACHI: The price of sugar went up to Rs3 per kilogram as the rate of 100-kilogram sack hiked up to Rs300 in wholesale and retail markets, ARY News reported on Monday.

    After the ongoing crisis of flour supplies, sugar rates blasted off as a 100-kilogram sack of ex-mill sugar is now being sold on Rs73,000 instead of Rs70,000, which led to increase of Rs3 per kg in wholesale market.

    The prices witnessed hike up to Rs5 since last Friday which forced citizens to purchase sugar at Rs78 per kg in Karachi.

    The Sindh government’s orders of selling the wheat flour on fixed rate of Rs 43 per kilogram has become a farce with non-compliance of the orders in the city.

    Read: Flour prices will start reducing by tomorrow, claims Khusro Bakhtiar

    The provincial government had fixed Rs 43 per kilogram ex-mill price of the wheat flour and ordered action against the profiteers amid the flour crisis and inflated rates of the commodity.

    According to reports, the provincial and the city administrations have failed to enforce the order of the sale of wheat four on the fixed government price.

    The Fine Atta as well as the Chakki Atta are being sold in markets at Rs 66 per kilogram.

    Read: Flour from PASSCO godowns reach Karachi to overcome shortage

    Provincial Food Department has arranged some trucks for sale of wheat flour to public at fixed government rate of Rs 43 per kilogram in a city of 20 million people.

    Sindh Chief Minister Syed Murad Ali Shah yesterday announced that the government will overcome the wheat flour crisis in Sindh by Tuesday or Wednesday this week.

    He said 3,00,000 tons of wheat allotted to Sindh is being transported from Punjab and Balochistan.

    Various varieties of wheat flour being sold in Karachi’s markets at 64 and 66 rupees per kilogram, much above the Rs 43 per KG price fixed by the government.

  • Gas crisis: CNG stations to remain closed in Sindh for consecutive 48 hours

    Gas crisis: CNG stations to remain closed in Sindh for consecutive 48 hours

    KARACHI: The Compressed Natural Gas (CNG) stations will remain closed in Sindh for consecutive 48 hours, as the gas crisis further deepen in Sindh, ARY News reported.

    The CNG stations were supposed to reopen today, but again the closure schedule has been changed by the Sui Southern Gas Company (SSGC).

    A SSGC spokesperson said that the decision has been taken owing to the shortage of gas in the system, adding that they were facing difficulties to meet the gas demand of domestic consumers.

    The CNG filling stations remained open for only four days in last 15 days of December.

    On the other hand, due to gas load shedding export orders in Karachi are being badly affected. Exporters Association said that all five Industrial Zones of the city have been closed due to gas load shedding.

    Read More: Thousands rendered jobless amid ongoing CNG crisis, claims APCNGA

    Due to failure in completion of orders and no gas, a number of labourers have lost their jobs, said Exporters Association.

    Earlier on December 28, All Pakistan Compressed Natural Gas Association (APCNGA) Chairman Ghias Paracha had claimed that thousands of the employees working at CNG stations had become jobless due to ongoing unannounced closure of the stations country-wide.

    Demanding immediate reopening of the CNG stations in Punjab province and in the federal capital Islamabad, he had said that gas supply had improved in the province.

  • OGRA decides to jack up LPG price by Rs20 per kg for January

    OGRA decides to jack up LPG price by Rs20 per kg for January

    KARACHI: The Oil and Gas Regulatory Authority (OGRA) has decided to jack up the price of Liquefied Petroleum Gas (LPG) by Rs20 per kilogram for the month of upcoming month of January, ARY News reported.

    Chairman LPG Distributors’ Association Irfan Khokhar has said that with the increase of Rs20 per kg, the domestic cylinder price will be up by Rs250, while the commercial cylinder will witness an increase of Rs 900.

    The new price of domestic cylinder would be Rs1760 and commercial cylinder would be Rs6810.

    Due to increase in cold wave across the country, the usage of LPG has saw a great increase due to shortage and low pressure of suigas.

    On the other hand, Sui Southern Gas Company (SSGC) on Monday had announced that the Compressed Natural Gas (CNG) stations will remain closed in Sindh for further 24 hours.

    Read more: OGRA recommends hike in petroleum prices for January 2020

    A SSGC spokesperson had said that the decision was taken owing to the shortage of gas in the system, adding that they were facing difficulties to meet the gas demand of domestic consumers.

    He had said that the SSGC’s management is closely monitoring the situation and assured that that the gas supply to the filling stations will be resumed after getting the required pressure and amount of gas for distribution.

  • My statement on Green Line bus project distorted: Sindh governor

    My statement on Green Line bus project distorted: Sindh governor

    KARACHI: Refuting the reports about inauguration of Green Line bus project, Sindh Governor Imran Ismail on Tuesday clarified that he did not announce any date for opening of the project, ARY News reported.

    According to a spokesperson of Imran Ismail, the governor’s statement regarding the bus project was distorted and twisted by some media houses.

    He said that the governor had said that six flyovers and roads of the Green Line bus project will be completed by February 7 next year.

    Read More: ‘PM Imran Khan to inaugurate Green Line bus project’

    Earlier on December 23, Sindh Governor Imran Ismail had announced that Prime Minister Imran Khan will inaugurate Green Line bus project which is completed to provide relief for Karachi citizens suffering transportation problems.

    Imran Ismail, while addressing a press conference in Karachi, had said he had monitored the construction process of Green Line bus project over the directives of PM Imran Khan and he will brief him over its details.

    He had revealed that the authorities will be ready to formally inaugurate the bus project by February 7 next year. Ismail had said that PM Khan payed special attention to Sindh and it was the only province where people get health insurance cards without seeking any assistance from the provincial government.