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Pakistan News

Jazz Urges Workers To Prepare For Consequences

Jazz Urges Workers To Prepare For Consequences

July 27, 2022 / By Zunair Tahir / Pakistan News



In an internal message distributed earlier this week to the staff of the firm, Jazz CEO Aamir Ibrahim expressed his concern on the economic future of the nation and its negative impact on Jazz’s operations on Tuesday.

As we begin to make certain difficult but essential decisions, I am raising the degree of this problem to critical, according to the official message from the Telco Chief that Profit was able to receive.

CEO Warns Of Tough Times Ahead

This report continues the series of incidents that highlight the dire state of telecom firms in recent years. Rising operational expenses as a result of high inflation and rising energy prices are an issue for the business. (Read Profit’s article, Telcos Energy Concerns: Needless Whining or a Genuine Problem, for more information.)

Additionally, due to the high cost of capital and a declining rupee, the international players in the industry have reduced their expectations of profits from Pakistani operations. The benchmark rate used to determine how much value the cash flows generated in the future would have in comparison to the current day is the cost of capital. (E.g. A 250ml juice box was Rs15 a few years ago; today, the identical item costs Rs25. As a result, the Rs 15 is now worth less than it was a few years ago.)

High interest rates, risk premium—a presumed return for making investments in high-risk jurisdictions—and securities are the main causes of the cost of capital. Reputable economist Professor Aswath Damodaran has assessed Pakistan’s equity risk premium to be above 15%, greater than nations like India, Bangladesh, Egypt, and other African nations.

These changes have reduced the value of Telenor ASA’s local businesses, which are owned by Telenor Pakistan. The recoverable amount of its assets in Pakistan is now projected to be about $600 million, down from $850 million due to this impairment. (Read more about it in Profit’s piece Telenor Impairment: Has the group given up?)

Furthermore, PTCL reported a net loss of Rs 3 billion in its financial statements for the six months ended June 30, 2022, as a result of high operational costs brought on by the rise in energy prices and skyrocketing interest rates, which increased its finance costs.

In the corporate message, Jazz’s CEO also acknowledged the aforementioned difficulties, saying, “We have all individually been touched by the growing cost of products and services. Even jazz is not immune to the current economic downturn. In actuality, the interest rate increase and the dramatic increase in gasoline and energy prices have a significant impact on us.

In Pakistan, cellular mobile operators (CMO) are in constant need of a business strategy that would enable them to escape the vicious cycle of low average revenues, growing operational expenses, and consequently slim profit margins.


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Automotive News

At The Lahore Expo, The “Made in Pakistan” Vehicle Display Will Open On 29 July 2022

At The Lahore Expo, The “Made in Pakistan” Vehicle Display Will Open On 29 July 2022

July 27, 2022 / By Zunair Tahir / Automotive News


The Pakistan Auto Show was established to give our industry a stage from which to present Pakistan’s capabilities and promise to the outside world. The whole auto engineering sector is together under one roof for the three-day event.

High-ranking members of the government, local and foreign buyers and manufacturers, producers of machinery, suppliers of raw materials, service providers, and much more may all be found at the event.

The Pakistan Auto Show 2022 (PAPS-22), which will be held at the International Expo Centre in Lahore on the 29th, 30th, and 31st of July 2022 with the theme “MADE IN PAKISTAN,” is all ready to enchant auto enthusiasts and well-known automakers with the display of their inventions.

READ MORE: 2022 CAR PRICES IN PAKISTAN

This massive event, which interests the top auto-players in the auto industry, is organized by the Pakistan Association of Automotive Parts and Accessories Manufacturers, an influential trade organization with more than 350 members.

As of right now, MG Motors, Indus Motor Company (IMC), Honda Atlas Cars Pakistan Limited (HACPL), Atlas Honda Ltd., (AHL), Al-Haj Automotive (Pvt) Ltd, Pak Suzuki Motor Company Limited (PSMC), and Chevron Pakistan Ltd. are the event’s well-known official sponsors.

Every year, more than 150,000 locals visit PAPS to view the renowned firms from Japan, Germany, Korea, China, France, Turkey, Thailand, Taiwan, England, USA, UAE, and Sri Lanka. Over 400 foreign guests, including 150 global buyers and delegations, also come to this thriving Auto Show.

Passenger Cars, Trucks, Buses, Tractors, Rickshaws, Motorcycles, Auto Parts Manufacturers, Services Providers, Machinery Makers, Toolmakers, Antique Cars, and Heavy Motorbikes are just a few of the diverse categories of exhibitors, in addition to related service sectors like accessories, tracking & insurance, etc.

“With the exponential rise of the auto and allied sectors in Pakistan, the local customers and foreign investors are exhibiting significant interest in the automotive sector,” said Mr. Abdur Razzaq Gauhar, chairman of PAPAAM. PAAPAM recognizes the potential for local industry to flourish and, keeping in mind consumer wants, offers a platform, Pakistan Auto Show, for companies to showcase their goods to the public and hold B2B and B2G meetings.

The largest auto industry show in the nation, the Pakistan Auto Show 2022 (PAPS-22), will be held at the Expo Centre in Lahore on the 29th, 30th, and 31st of July 2022. Over 350 big, medium, and small auto component businesses from across Pakistan are represented by the “Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM),” which has taken a commendable step.


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Sport News

Yet Another Test Cricket Milestone For Babar Azam

Yet Another Test Cricket Milestone For Babar Azam

July 20, 2022 / By Zunair Tahir / Sport News


Babar Azam reached another another milestone by being the 19th Pakistani hitter to surpass 3,000 runs in a single Test. In the second innings of the first Test between Pakistan and Sri Lanka, Babar accomplished the feat.

ALSO READ: Babar Azam Breaks Virat Kohli’s Record

The 27-year-old is recognized as one of the best batters in the history of cricket, and his most recent accomplishments undoubtedly support this assertion. Babar scored 3,000 runs in in 73 Test innings, making him the sixth-fastest Pakistani hitter in history.

Javed Miandad, a former captain, and Mohammad Yousuf, a brilliant middle-order batsman, share the record for scoring 3,000 Test runs for Pakistan in the fewest number of innings (67).

For Pakistan, these are the fastest 3,000 Test runs:

PLAYERINNINGS
Javed Miandad67
Mohammad Yousuf67
Saeed Anwar68
Younis Khan70
Majid Khan72
Babar Azam73
Asad Shafiq75
Hanif Mohammad76
Azhar Ali76

READ MORE: ECB Has Confirmed That Eoin Morgan Is Leaving International Cricket

Saeed Anwar, who scored 3,000 runs in in 68 innings, is third on the list. The next two players on the list, Younis Khan and Majid Khan, required 70 and 72 innings, respectively, to attain the milestone.

Babar, who is presently the world’s fourth-best Test batter, is in excellent form. He helped Pakistan escape a grave situation with a brilliant century in the first innings, and he is now closing in on a half-century as Pakistan attempts to chase down the mark.

The flashy batsman has an incredible Test cricket track record. In 73 innings, he has so far amassed 3,016 runs at an average of 47.87.



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TECH NEWS

Launch of Nothing Phone 1 With Transparent Back & Smart LED Lights

Launch of Nothing Phone 1 With Transparent Back & Smart LED Lights

July 14, 2022 / By Zunair Tahir / Tech News


The hype train for the Nothing Phone 1 has finally come to an end with an official unveiling after innumerable leaks and teases. With a transparent design and recognizable LED lights, the company’s first smartphone is now available in official form on the international market in the colors black and white.

If the phone will arrive in Pakistan is unknown

Nothing Phone 1 Specifications:

  • Chipset: Qualcomm Snapdragon 778G+
  • CPU: Octa-core (1×2.5 GHz Cortex-A78 & 3×2.4 GHz Cortex-A78 & 4×1.8 GHz Cortex-A55)
  • GPU: Adreno 642L
  • OS: Android 12, Nothing OS 1
  • Supported Networks: 2G, 3G, 4G LTE, 5G
  • Display:6.55″ OLED with 1080 x 2400 pixels resolution, 120Hz, 1B colors, HDR10+
  • Memory:RAM: 8GB, 12GB
  • Internal: 128GB, 256GB
  • Card slot: No
  • Camera:Rear (Quad): 50 MP, f/1.9, 24mm (wide), 1/1.56″, 1.0µm, PDAF, OIS
  • 50 MP, f/2.2, 114˚ (ultrawide), 1/2.76″, 0.64µm
  • Front: 16MP
  • Colors: White, Black
  • Fingerprint sensor: Under Display
  • Battery: 4,500 mAh, 33W wired charging, 15W wireless charging, 5W reverse wireless charging
  • Price: €469


Battery and Pricing:

4,500 mAh battery with 33W cable charging, 15W wireless charging, and 5W reverse wireless charging capabilities. The original package does not include a charging brick, but Nothing sells one individually for €35.

The Nothing Phone 1 starts at €469 in Europe.

Cameras:

A 50MP Samsung JN1 1/2.76′′ ultrawide camera is included together with a 50MP Sony IMX766 1/1.56′′ sensor-based main camera. It can produce both 4K and 1080p movies at 30 frames per second.

The selfie camera inside the cornered punch-hole cutout is a 16MP Sony IMX471 sensor.

Processor & Storage:

The phone has a mid-range Snapdragon 778G+ SoC from Qualcomm with 8 to 12GB of RAM and 128GB or 256GB of storage choices. To expand storage, there is no microSD card slot.

In terms of software, Android 12 is covered by Nothing OS 1, which is unmodified and free of bloatware. Nothing has made a 3 year OS update and 4 year security patch guarantee, which is more than a few Android competitors have.



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Pakistan News

Pakistan Cut The Army’s Budget By RS72 Billion In Order To Finalize IMF Agreement

Pakistan Cut The Army’s Budget By RS72 Billion In Order To Finalize IMF Agreement

July 6, 2022 / By Zunair Tahir / Pakistan News



In order to satisfy a key requirement of the International Monetary Fund (IMF) concerning establishing primary budget surplus in the next fiscal year, Pakistan has reduced the armed forces development plan by Rs72 billion or one-fifth of the amount provided on June 10.

One of the key requirements of the IMF for the resumption of the bailout package is having a primary budget surplus of Rs153 billion, or 0.2 percent of the national GDP. Now, Finance Minister Miftah Ismail is hoping to get an agreement on the personnel level by the end of this week.

READ MORE: How Long Will The Series Of Pre-Monsoon Rains Last In Pakistan?

The initial budget, which the government presented to the National Assembly on June 10, included Rs363 billion in funding for the initiative to develop the armed forces. On the other hand, the amended budget, which the Ministry of Finance made public after receiving National Assembly approval, shows that the budget provision has been cut to Rs291 billion.

The armed forces development program has been reduced by Rs72 billion, or around 20%. The funding is extra to the standard defense budget. Due to financial restrictions and IMF-imposed restraints, the armed forces development program has been cut for the second time in as many years.

The previous administration had set aside Rs340 billion for this purpose during the previous fiscal year, however the budget records reveal that only Rs270 billion was actually spent. The Express Tribune has previously reported that the previous administration had agreed to cut funding for the military’s contingency duties.

When contacted, a representative of the Ministry of Finance stated that the military development program needed to be scaled back in order to lower total spending levels and put the country in a position to meet the IMF’s main budget surplus objective.

On the strength of provincial cash surpluses of Rs750 billion, the government has set the primary budget surplus target at Rs153 billion, or 0.2% of GDP. However, the provincial budgets do not account for the savings of Rs. 750 billion, and the IMF requested that the government obtain the support of the provinces through memoranda of understanding (MoUs).


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Pakistan News

Load Shedding Is A Top Trend, Memes Are Starting To Appear

Load Shedding Is A Top Trend, Memes Are Starting To Appear

June 30, 2022 / By Zunair Tahir / Pakistan News



After a long load shedding across the country, the micro-blogging website Twitter ‘load shedding’ has become a top trend, humorous memes from users began to go viral.

Almost 18 thousand tweets has been done on the twitter by the hashtag #loadshedding and it has been trending so far people have been very creative with the hashtag and tried different memes and many types of advices has been posted on the twitter so far.

A user named Mir Hamza shared a picture of Karachi on Twitter and wrote that the city of lights has become a city of darkness nowadays. The City Karachi is very famous for been what it has been called the city of lights and hours and hours of load shedding has been going on may in Karachi due the weather it is almost damn hot out their and the government has been failed to provide any type of relief to the people of Karachi.

And in other cities of Pakistan especially i belong to Lahore and in Lahore 10 to 12 hours of load shedding has been going on And the Prime Minister Shahbaz Sharif also stated that in the up coming month of July load shedding will be increased and their is a lot of humidity in the city and the government is testing the patience level of the people through out the country.

Another user wrote that spending the night without electricity has now become a norm while a user named Shiraz shared the benefits of load shedding. And now if the load shedding is less then people are curious about what will be going on and started different types of thoughts.

It may be recalled that according to sources in the Power Division, the power shortfall has exceeded 7,500 MW due to which the duration of load shedding has also increased. The total power generation in the country is 21,700 MW while the demand is more than 29,000. And the government just tell us the figure that this is the loss that is going on and we have to do more power cuts and doesn’t provide the solution of the problem.

Due to hot weather in Karachi, the power shortfall has increased from 250 to 300 megawatts to 400 to 500 megawatts. Karachi weather is hot and humidity level also increases and people in one family uses more then 1 AC in the house and the Price of electricity also increase and still people have no choice to pay heavy bills and still load shedding goes on and pay full bill.

And in many cities of the country people have found many ways of stealing the electricity and the Electricity board knows about this issue and doesn’t pay full attention on this issue people of this types should be put in jail and make heavy fines that other people should learn some lesson and doesn’t steal the electricity.


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Sport News

ECB Has Confirmed That Eoin Morgan Is Leaving International Cricket

ECB Has Confirmed That Eoin Morgan Is Leaving International Cricket

June 29, 2022 / By Zunair Tahir / Sport News



The limited-overs captain of England for men, Eoin Morgan, has announced his departure from international cricket. In all white-ball forms, he leaves as England’s highest run scorer, player with the most appearances, and the only one to have guided the country to an ODI World Cup victory.

Eoin Morgan Achievements

  • 225 ODI appearances yielded a record-breaking 6,957 runs, including 13 hundreds, at an average of 39.75.
  • The best victory record by any England Men’s ODI Captain in the history of the game was achieved by Morgan, who supervised 76 triumphs in 126 games while serving as captain, with a win percentage of 60%.
  • He shared the record for most Men’s T20 International team captains with MS Dhoni of India with 72 appearances.
  • Morgan played 115 times for England and scored 2,458 runs.
  • He received 16 Test cricket caps over a three-year span, earning two centuries.
  • In addition, he now holds the record for the most sixes in an ODI innings with 17, which he hit against Afghanistan at the 2019 ICC Cricket World Cup.
  • He was awarded a CBE in 2020 for his contributions to cricket.

Morgan, who began his international career with Ireland and participated in 23 One-Day Internationals there from 2006 to 2009, commented on the situation, saying: “After great thought and consideration, I am here to announce my retirement from international cricket with immediate effect.

“It hasn’t been a simple choice to end what has without a doubt been the most joyful and fulfilling chapter of my career, but I think the time is right to do so, both for me personally and for both England white-ball teams I have led up until this point.”

In the meanwhile, England Men’s Cricket Managing Director Rob Key issued the following statement: “I’d want to congratulate Eoin Morgan for his great commitment to the game on behalf of the ECB and everyone involved in cricket.

It would be incorrect to believe that Eoin’s legacy was limited to his team’s World Cup victory in 2019; it was much more than that.

The official continued by saying that, like all great players and leaders, he has altered the way this particular game has been played as well as how future generations will play it.

“For many years to come, his impact on the game will be felt. Without a doubt, he is the finest leader I have ever observed. I hope he has a successful future in his career “Added he.

Regarding his accomplishments, the great player acknowledged that he had the good fortune to be a part of two World Cup-winning squads, but added that he thought England’s white-ball teams’ future was “brighter than ever.”

“We have greater strength, depth, and experience than ever before. I am quite excited to observe and look forward to it.

“I will continue to enjoy playing at a domestic level while I can, regardless of what lies ahead for me. I’m excited to participate in and serve as captain of London Spirit in this year’s second The Hundred.


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TECH NEWS

Without The Internet, How Can You Send E-Mails?

Without The Internet, How Can You Send E-Mails?

June 29, 2022 / By Zunair Tahir / Tech News



  • Gmail has made an offline mode available to all users.
  • With the new offline capability, you can read, reply to, and search for Gmail messages without using the internet.
  • The administrator will need to modify the settings if your Gmail account is connected to your school or workplace account.

Gmail has made an offline mode available to all users. With the new offline capability, users of Gmail may read, reply to, and search messages without using the internet.

This offline functionality will come in handy, especially for those who live in places with spotty internet service According to the Google Support website, users will be able to view, reply to, and search for Gmail messages even when their device isn’t connected to the internet thanks to the offline capability.

Users must go to mail.google.com to use this mode. The IT juggernaut advises starting by adding the Google link to your bookmarks.

Notably, the administrator will need to alter the settings if your Gmail is connected to your school or workplace account. The stages listed below can be easily followed by the others.

Before moving on to the instructions, it is important to know that Google has said that Gmail offline will only function on Google Chrome while you are surfing normally, not incognito. Here’s how to activate Gmail offline mode, as described by Google:

-Head over to mail.google.com
-In the inbox, click on Settings or the Cogwheel button
-Next, click on the “See All Settings” option
-Then click on the “Offline” tab
– You will then need to click on the “Enable offline mail” checkbox
-Gmail will now show new settings
-You can select the days of emails you want to sync with your Gmail
-Google will show the amount of space left on your computer, and also provide an option to keep offline data on the computer. There’s also an option to remove all offline data from the computer
-You can now click on the “Save Changes” option and Gmail offline will be activated on your computer

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Automotive News

Proton Pakistan Has Taken Strong Notice Of False Accusations & Rumors Circulating On Social Media

Proton Pakistan Has Taken Strong Notice Of False Accusations & Rumors Circulating On Social Media

June 28, 2022 / By Zunair Tahir / Automotive News



Proton Pakistan has taken strong notice of false accusations and rumors circulating on social media regarding our production and operations. Our production has been streamlined and we are delivering Proton SAGA and now Proton X70 on a regular basis.

Yesterday Proton Pakistan Share a Public Notice on their Facebook page regarding False Accusations & Rumors Circulating On Social Media epically many people have created fake Proton pages on the Facebook and are circulating fake news regarding late deliveries and many other rumor’s are been created.

Proton Pakistan Official Facebook page Follow Here

Consequently, we are on track to fulfill our monthly target of booked units of Proton X70 from July onwards. We urge our customers not to pay heed to any false and baseless rumors as we strive to honor the commitments of the fulfillment of booked units to our customers on top priority.


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Alia and Ranbir
Entertainment News

Ranbir Kapoor & Alia Bhatt Are Expecting Their First Child

Ranbir Kapoor & Alia Bhatt Are Expecting Their First Child

June 27, 2022 / By Zunair Tahir / Entertainment News



The actress shares the happy news on social media, revealing that Alia Bhatt and Ranbir Kapoor are expecting their first child.

The Gangubai Kathiawadi actress posted a picture of herself laying on a hospital bed getting sonography on Instagram on Monday morning.

The Rockstar actor was also shown in the snap sitting next to Alia and beaming as he viewed the scan.

The Gully Boy actress captioned the sweet photo she shared with the phrase “Our baby….. coming soon.”

The couple received love and blessings from family, friends, and fans all across the world as soon as the news became public.

Congratulations, honey!, said Priyanka Chopra. Yaaaay! I cannot wait.

“Heart is overflowing,” wrote Karan Johar.

“Congratulations Mama and Papa lion,” Soni Razdan, Alia’s mother, said in response to the news.

To be noted, the pair wed on April 14, 2022 in Mumbai during a small wedding ceremony.


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