Wahab Riaz Appointed Caretaker Minister of Punjab

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Wahab Riaz appointed caretaker Sports Minister of Punjab in Pakistan.

Governor Baligh-ur-Rehman administered the oath to the newly elected cabinet members at Governor House Lahore. Out of the 11 cabinet members, 8 ministers Bilal Afzal, SM Tanveer, Dr. Javed Akram, Ibrahim Murad, Dr. Jamal Nasir, Mansoor Qadir, Syed Azfar Ali Nasir and Aamir Mir took oath, while three others included Caretaker sports Minister of Punjab Wahab Riaz, Tamkunat.

Karim and Naseem Sadiq could not attend the ceremony.

Riaz, who is currently playing for Khulna Tigers in the ongoing Bangladesh Premier League (BPL) 2023, will take over as the province’s top sports minister in due course, he confirmed to Geosuper.tv.

The left-arm bowler has taken 237 wickets for Pakistan in 156 international matches across all formats.

It is worth mentioning here that the 37-year-old bowler was a member of the national team that won the 2017 ICC Champions Trophy.

In 2019, the star pacer took an indefinite break from Red Ball cricket.

Riaz had said: “After reviewing my performance over the last two years in Red Ball Cricket and the upcoming limited overs cricket, I have decided to take time out from first-class cricket.

“During this period, I would like to focus on 50-over and 20-over cricket, and continue to access my fitness for the longer version of the game.

At one stage I feel that I can not only return Can also perform with the red ball. I will make myself available,” he had added.

 

 

 

 

Babar’s Rule at ICC Awards

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Babar Azam, the captain of Pakistan, received two awards on Thursday.

The two Awards are the Sir Garfield Sobers Trophy for the ICC Men’s Cricketer of 2022 and the ODI Cricketer of the Year.

Babar, who had already been named the “ODI Cricketer of the Year” in 2021, continued to rule international cricket ICC in 2022, being the first player to score more than 2000 runs in all forms.

He scored 2,598 runs, averaging a commanding 54.12.

The Pakistani cricketer had his greatest calendar year ever, with eight hundred and 17 fifties.

It was not surprising to see the 28-year-old win the championship for the second year in a row after scoring 679 runs in nine ODI matches at an average of 84.87 with three hundred. He keeps occupying the top position in the ODI Player Rankings.

In 50-over cricket last year, Pakistan’s lone defeat came at the hands of Australia in Lahore.

Babar’s year as captain in the white-ball forms was especially noteworthy since Pakistan won all three ODI series they participated in, dropping just one game out of nine to Australia.

He helped Pakistan reach the World Cup final in Australia for the first time since 2009 in the T20I format, where they lost to England.

Babar Azam also had a fantastic year in Test cricket, scoring 1,184 runs in just nine games, and carrying the most of the burden for Pakistan in the longer format.

In a 10-hour second-innings marathon, he made an incredible 196 runs without being out, virtually saving Pakistan from an unavoidable loss in the drawn Karachi Test.

Babar Azam Commented

As the recipient of the Sir Garfield Sobers Trophy, he commented, “I am honored. I now join the ranks of some of the most iconic and revered people who have previously won the greatest and most prestigious individual accolade in our wonderful sport.”

“I still look up to these athletes and prior winners for motivation, inspiration, and progress.

Because cricket is a team sport, I am extremely grateful to and obliged to my family, team, fans, and the institution for their unwavering support in making this recognition and success possible.

Babar praises Najam Sethi for winning the ICC award

Najam Sethi, the chairman of the Pakistan Cricket Board (PCB) Management Committee, praised Babar for winning the ICC Awards 2022.

Sethi praised Babar Azam as a role model for all the young cricket players in the nation and added that Babar “made the whole nation proud by winning the most prestigious ICC Awards.”

He stated, “Babar Azam’s performance and accomplishments are a reward for his hard work, devotion, and perseverance. He’s a light for all the young cricket players of Pakistan.

Haris Rauf, Mohammad Rizwan, and Nida Dar were also congratulated by Sethi for being chosen to the ICC T20 Teams of the Year.

As part of the Men’s and Women’s T20 Teams of the Year, Haris Rauf, Mohammad Rizwan, and Nida Dar were also congratulated, according to Sethi.

The entire Pakistan cricket squad would be inspired to play better this year by these ICC accolades, he remarked.

He stated, “Babar Azam’s performance and accomplishments are a reward for his hard work, devotion, and perseverance. He’s a light for all the young cricket players of Pakistan.

Haris Rauf, Mohammad Rizwan, and Nida Dar were also congratulated by Sethi for being chosen to the ICC T20 Teams of the Year.

As part of the Men’s and Women’s T20 Teams of the Year, Haris Rauf, Mohammad Rizwan, and Nida Dar were also congratulated, according to Sethi.

The entire Pakistan cricket squad would be inspired to play better this year by these ICC accolades, he remarked.

 

 

IMF Team to Spend 10 Days in Pakistan

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IMF team visit Pakistan from January 31 to February 9, spokesperson.

The team will assess Pakistan and international stability, according to the IMF source. He said that it will examine the financial situation, its resilience, and long-lasting remedies.

The group will also examine the strategy for reducing the energy sector’s circular debt. Ten days would pass during the Pakistan and IMF negotiations.

If the discussions are successful, Pakistan will get $1 billion, according to sources.

The FBR, NEPRA, OGRA, and Ministry of Finance officials would be contacted by the IMF mission.

The expedition would examine the plan for stabilizing the financial situation. It would evaluate the steps taken to rebuild the flood-affected areas.

The International Monetary Fund (IMF) has agreed to complete its strict requirements before the arrival of its review team in Pakistan, therefore the draught and preparations for the anticipated mini-budget have reached their last phase.

Sources added that ideas about revenue measures have been given to the Ministry of Finance, and that extra duty tax is being recommended, roughly Rs70 billion in tax exemption is being revoked, and withholding tax imposition on banking transactions of non-filers is being requested.

They said that the application of a withholding tax on daily transactions over Rs. 50000 was also being considered, although active taxpayers would not be subject to the levy.

While a charge on petroleum items may be implemented, a withholding tax of between Rs45 and Rs50 billion was projected to be due.

It was anticipated that gas prices will rise by 30%. It is anticipated that power prices would rise for various users. According to reports, all measures will be put into effect on February 1.

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Pakistan in No Hurry on India’s Invitation

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ISLAMABAD: As authorities have described New Delhi’s invitation to Foreign Minister Bilawal Bhutto Zardari to attend the important regional forum’s conference in May as “regular practice,” Pakistan is not in a rush to answer.

For the Shanghai Cooperation Organization (SCO) conference slated for May in Goa, India has extended an invitation to the foreign minister of Pakistan.

On Wednesday, official sources acknowledged receiving the Indian invitation, but they cautioned that it was still too early to make any statements.

“It is a common occurrence. As the SCO’s current President, India has sent an invitation to all of its members, including Pakistan, a representative said, downplaying the invitation’s importance.

The decision to attend the SCO foreign ministers conference will be made at the right moment and following talks with all interested parties, according to the sources.

However, a source close to the foreign ministry asserted that Bilawal would seize the chance to visit India since doing so would allow him to get personal knowledge of the neighboring nation.

According to the source,

Bilawal has not missed a single multilateral engagement since taking office as foreign minister, therefore there is a strong likelihood that he would travel to Goa for the SCO conference.

Given the political unrest at the moment, it all relies on whether the government is still in power at that point.

The SCO summit of heads of government is slated to take place in New Delhi in June following the gathering of foreign ministers.

The SCO process has never been hampered by Pakistan and India’s disagreements, despite their difficult bilateral ties.

Observers believe Islamabad’s participation in the SCO meetings in India is a definite possibility since the SCO’s major participants like China and Russia don’t want the regional forum’s proceedings to overshadow the rivalry between the South Asian rivals.

The Shanghai Cooperation Organization (SCO), which includes the Central Asian nations of Kazakhstan, Tajikistan, and Uzbekistan plus Pakistan, China, India, Russia, and Kyrgyzstan, presently has Kazakhstan, Tajikistan, and Uzbekistan as its presidents.

As the SCO’s President, New Delhi will host a number of occasions, including the summit in 2023, a gathering of foreign ministers, and a conference of chief justices from member nations.

The SCO’s chief justices will meet in March, while the foreign ministers will convene in May.

After promising not to sabotage the SCO’s efforts due to their bilateral disagreements, Pakistan and India were both admitted as full members of the powerful organization a few years ago.

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Pakistan Denounces Holy Quran’s Desecration in Netherlands

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Pakistan condemn Quran destruction in the Netherlands, ‘despicable.’

Another disgusting instance involved Edwin Wagensveld, a Dutch member of the far-right Pegida organization in the Netherlands, who trampled on holy book pages before tearing them.

According to Media Accounts,

The event happened last week, on Sunday but the police didn’t become involved.

Pakistan, Turkey, Saudi Arabia, and the United Arab Emirates are all Muslim nations that denounced the occurrence.

The Foreign Office Released a Statement,

“It is unquestionably a provocative Islamophobic hate crime conducted under the cover of freedom of expression.”

According to the communiqué,

Pakistan has consistently maintained that exercising one’s right to free expression entails obligations.

The Statement Continued,

We also think that it is the duty of national governments and the international community as a whole to avoid such heinous acts.

The acts that are committed with the secondary intent of provoking and inciting religious enmity and violence.

Islamophobia

The foreign office urged the world community to speak out against Islamophobia & urged the community to foster interfaith harmony and peaceful coexistence.

The statement continued,

The resolution to designate March 15 as the International Day to Combat Islamophobia was voted on by the UN General Assembly in 2022 with that goal in mind.

It added that the authorities in the Netherlands are being informed of Pakistan’s worries.

“We implore them to take action to stop such cruel & Islamophobic acts.

To be sensitive to the sentiments of the people of Pakistan & the Muslims around the world.”

Incident in Sweden

In a week, this incident has occurred twice.

Rasmus Paludan, the head of the Stram Kurs (Hard Line) Party, destroyed a copy of the Quran in front of the Turkish Embassy.

He did all this in Stockholm, last Saturday while under police protection and with authorization from the authorities.

Several Muslim nations have denounced the heinous act, including Pakistan, Turkey, Jordan, Kuwait, and Saudi Arabia.

Most people have referred to it as an “act of provocation” and cautioned that the incident may hurt Muslim feelings.

The unpleasant behavior was denounced on Twitter by Prime Minister Shehbaz Sharif, who stated,

“The veil of freedom of expression can’t be used to damage the sensibilities of Muslims.”

 

 

Is Kylie Jenner in support of PML-N?

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Jenner trends in Pak after donning fake lion head, linked to PML-N.

At the Schiaparelli Haute Couture Spring/Summer 2023 presentation, the renowned fashionista stunned in the eye-catching gown. Kylie Jenner arrived at the event wearing a chic black one-shoulder dress. A huge, incredibly lifelike lion’s head was sewn onto her clothing and sat on her right shoulder.

As soon as the American model arrived at the event wearing the unusual dress, her pictures and videos quickly went viral on social media for a variety of reasons, and people started making memes and funny comments about her.

Users in Pakistan were compelled to associate the enormous lion head with politics. Many users of Twitter stated that the makeup artist’s attire was a clear indication of her support for the PML-N.

So this is how I find out Kylie is a PML-N supporter?

A user remarked on the internet, asking the question everyone was thinking about at the time.

Another user posted a creative meme that involved photo-shopping Kendall Jenner into a PML-N billboard. “Kylie supports PMLN,” she wrote in the post’s caption.

She has joined the PML-N, according to a third cheeky user who posted a photo of Jenner at the ceremony with the caption:

“Kylie ne PMLN join kr liya hy mubarak ho sub-PDM walo ko.” The Pakistan Democratic Movement (PDM) deserves congratulations.

Despite the political and economic unrest the nation is experiencing, it is admirable that Twitteratti can see the humor in things and take a moment to lift everyone’s spirits.

“Kylie expressing her support for PML-N,” a different commenter wrote.

 

 

PKR Lost Against the Dollar in Open Market

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PKR 243 was the dollar’s open market price when ceiling was lifted.

The authorized committee voted in a meeting today to maintain the dollar-rupee parity for selling at  PKR 243, according to Zafar Paracha, general secretary of the Exchange Companies Association of Pakistan (ECAP). The committee has set the dollar purchase rate at 240.60, he noted.

However, the dollar to rupee exchange rate was cited on social media at above 250 before ECAP released the news announcement.

A day ago, the ECAP made a significant step, lifting the cap on the US dollar as of today (Wednesday), in an effort to halt the market’s increasing “artificial” demand for the greenback.

The State Bank of Pakistan’s official rate, the rate offered by exchange businesses, and the black market rate are the three rates at which the dollar is currently exchanged.

Following a meeting of ECAP members on Tuesday, the association released a statement in which it announced the removal of the US dollar ceiling due to its negative impacts.

People Buying Dollars

The association’s statement highlighted the impact of various rates and stated that there was “artificial demand in the market” as a result of people buying dollars from us and selling them on the grey market.

People chose to do this, which caused the company to move from legal to illegal channels, harming the reserves and causing losses to the exchange businesses.

The organization gave an explanation for why the cap was removed, claiming that once the dollar was let to trade at market value, consumers would immediately switch from the grey market to the authorized channels.

Zafar Paracha told Geo. TV in a chat that followed the conference that up to 90% of the demand was “fictitious” because individuals were buying dollars through authorized means and selling them to shady dealers.

“By taking this action, we hope to show individuals how much their money is actually worth. The market will benefit as the supply of dollars rises and the demand for them declines.”

In spite of the fact that market forces will set the exchange rates, Paracha said, he anticipated that the dollar would be exchanged at close to the black market rate of Rs254–Rs257.

When asked if he thought that Finance Minister Ishaq Dar will lift the dollar restriction, Paracha responded, “I am hoping that things will proceed in a better path.”

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Gold Prices in Pakistan – 25 January 2023

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In Karachi, On Wednesday, a tola of 24-karat gold cost Rs 189,650.

A price of Rs162,600 was recorded for 10 grams of 24k gold. The gold prices will be consistent throughout the nation with only minor fluctuations of a few hundred rupees between towns.

Today’s Gold Prices in Pakistan

Similarly, a tola of 22-karat gold was being sold for Rs 172,300 and 10 kilos of 22k gold were being marketed for Rs 149,250.

These gold prices in Pakistan were obtained from the Karachi or Multan gold markets. These rates change at least twice daily and the post is updated often throughout the day.

Note: Since gold prices vary on the global market, they are never set in Pakistan. The prices given here were given by several local gold markets and Sarafa Markets.

City Gold Silver
Lahore PKR 189,650 PKR 2,060
Karachi PKR 189,650 PKR 2,060
Islamabad PKR 189,650 PKR 2,060
Peshawar PKR 189,650 PKR 2,060
Quetta PKR 189,650 PKR 2,060
Sialkot PKR 189,650 PKR 2,060
Attock PKR 189,650 PKR 2,060
Gujranwala PKR 189,650 PKR 2,060
Jehlum PKR 189,650 PKR 2,060
Multan PKR 189,650 PKR 2,060
Bahawalpur PKR 189,650 PKR 2,060
Gujrat PKR 189,650 PKR 2,060
Nawabshah PKR 189,650 PKR 2,060
Chakwal PKR 189,650 PKR 2,060
Hyderabad PKR 189,650 PKR 2,060
Nowshehra PKR 189,650 PKR 2,060
Sargodha PKR 189,650 PKR 2,060
Faisalabad PKR 189,650 PKR 2,060
Mirpur PKR 189,650 PKR 2,060

 

 

Justin Bieber Sold Music Rights For $200m

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Justin Bieber sell music rights to Hipgnosis Songs Capital for $200 M.

The 28-year-old singer joins a who’s who of artists who have recently made money off of their catalogues thanks to the sale, which has been rumoured for weeks.

Hipgnosis did not publicly disclose the deal’s details, but an insider told the AFP news agency that it was worth roughly $200 million.

Hipgnosis chief Merck Mercuriadis, a longtime music business executive, said in a statement on Tuesday,

“The impact of Justin Bieber on worldwide culture over the previous 14 years has certainly been astounding.”

At only 28 years old, he is one of a select group of defining musicians of the streaming era who have revitalised the whole music business by accompanying a devoted and global audience on his path from a teen phenomenon to a culturally significant artist.

A $1 billion partnership between financial behemoth Blackstone and the British Hipgnosis Song Management results in Hipgnosis Songs Capital.

According to Hipgnosis, they have bought Justin Bieber’s interest in his publishing copyrights for the entirety of his 290-song back catalogue that was issued before December 31, 2021.

According to a second person familiar with the negotiations, Bieber’s longtime label Universal will continue to manage its collection and retain ownership of the artist’s master recordings.

Hipgnosis has purchased the artist’s master rights as well as his adjacent rights, which are royalties that entitle their owner to compensation each time a song is heard in public.

Justin Timberlake and Shakira, two modern celebrities who have also signed deals with Hipgnosis, have sold significant portions of their creative properties.

While legacy musicians like Bob Dylan and Bruce Springsteen have been the main beneficiaries of this trend.

Best-Selling Artist

Younger catalogues are generally considered to be riskier, yet Bieber is one of the best-selling artists of all time, and Hipgnosis now has a part in some of the biggest successes of the twenty-first century, including Sorry and Baby.

Staggering sums—catalogue Springsteen’s reportedly sold to Sony for $500 billion—are seen as sure investments by investors who can bank on reliable returns from time-tested music and the sustainability of streaming as well as ageing artists who are getting their finances in order.

 

 

 

Custom Hold Motorcycle Training Program For Female Officers in Karachi

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As part of Pakistan’s Women Empowerment Program, the Pakistan Customs Airport Collectorate provided motorcycle riding instruction for female personnel on Tuesday.

Thirteen female police officers participated in the motorcycle training program, which was organized in cooperation with ESSA Lab Karachi.

The event, which took place at Air Freight Unit JIAP, included a rally to support women’s independence and self-reliance.

The 13 female officers received certificates of appreciation from Muhammad Yakub Mako, Chief Collector Customs Enforcement South, Dr. Muhammad Nadeem Memon, Collector Customs Airport, and Asadullah Larak, Additional Collector Airport, during the occasion.

The female trainee operatives also received the guests’ motorcycles, helmets, and driving licenses.

Muhammad Yakub Mako, the Chief Collector for Enforcement South, expressed his gratitude for the female staff.

A more progressive society that is healthier, safer, and less discriminatory will have more financially independent women. Women who are economically independent set an example for their children and aid in eradicating long-standing gender biases that are ingrained in our society.

When assessing potential directions for development, research focused on women’s accountability and accessibility is of utmost importance. Women’s tales must be tracked as important aspects of the development demands and changes of any society since women have a significant impact on their families and the community in which they live.

The program’s ability to empower women with greater independence has been one of its most significant effects.

He vowed to keep making similar efforts to help the women in the Customs Department develop strength and independence.