Updates Regarding Business!
England Women won the three match T-20 series beating Pakistan Women by 34 runs in third and last match at Leeds today.
Batting first, England Women team scored 176 runs in stipulated 20 overs.
In reply, Pakistan Women scored 142 in 20 overs for the loss of four wickets.
Source: Radio Pakistan
Pakistan Sports Board has declared 2025 as the “Year of Sports Revival” and approved a comprehensive calendar of sports activities for the year.
The decision has been announced during the 29th meeting of the Board chaired by Planning Minister Ahsan Iqbal in Islamabad.
During the meeting, the Planning Minister also announced plans to host National Games and Inter-Provincial Tournaments in 2025 and South Asian Games and Champions Trophy in the beginning of 2025.
The meeting was aimed to revitalize sports in Pakistan and provide support to athletes to excel in national and international competitions.
Source: Radio Pakistan
Sixteenth death anniversary of painter artist Eqbal Mehdi was observed today.
Eqbal Mehdi’s enormous body of work includes portraits, horses, Moorish street scenes and landscapes.
He is recepient of President’s Award for Pride of Performance.
He died due to kidney failure on this day in Rawalpindi and buried in Karachi.
Source: Radio Pakistan
Frontier Corps Khyber Pakhtunkhwa North has completed the decoration and renovation of the famous Pashto poet Amir Hamza Baba’s shrine.
To pay tribute to the services of Amir Hamza, FC KPK organized a grand ceremony at his shrine. Major General Inspector General Frontier Corps Khyber Pakhtunkhwa North was the chief guest of the event.
Amir Hamza Baba Shinwari was born in 1907 in Landi Kotal area of Khyber district.
He was given the title of Baba e Pashto Ghazal and Sufi Saint. Even in the freedom movement, he created enthusiasm among the youth with his poetry.
After the establishment of Pakistan, he joined Radio Pakistan and devoted his life for the preservation of Pashto language and culture.
Source: Radio Pakistan
The federal government has decided to end solar net metering and replace it with a gross metering system to discourage solar use and to force consumers to switch back to drastically unaffordable grid electricity.
The Ministry of Energy has informed the International Monetary Fund (IMF) that net metering is eating away at the revenues of distribution companies (DISCOs). Gross metering will require consumers to sell all their rooftop-generated electricity to the grid and then buy back what they need, reported Express Tribune.
The government’s ploy to enforce gross metering next fiscal year is in response to the increasing number of households switching to solar energy to escape expensive grid electricity which, with additional charges, costs around Rs. 62 per unit.
The energy ministry tried to explain to the lender that adopting solar panels has hurt grid electricity demand and increased idle capacity payments and quarterly tariff adjustments. In the first ten months of the current fiscal year, 6,800 MW wor
th of solar panels were imported.
The IMF viewed idle capacity payments as a major factor in rising electricity costs and recommended reviewing the captive power generation policy, which allows industrialists to use cheaper gas for in-house electricity. The government may discontinue this captive gas policy next month and force industries to rely on more expensive grid electricity.
Source: Pro Pakistani
The Prime Minister has constituted a high-powered Economic Advisory Council just before the next fiscal year budget.
According to a notification issued by the Finance Division that the Prime Minister has been pleased to constitute the EAC with immediate effect and till further orders.
The composition of EAC included Jahangir Khan Tareen, Saquib H. Sherazi, Shahzad Saleem, Musadaq Zulqarnain, Dr. Ijaz Nabi, Asif Peer, Ziad Bashir, and Selman Ahmed.
The EAC will be chaired by the Prime Minister who will convene its meeting with any required frequency.
It is pertinent to mention here that the government will present next year’s budget on June 6 or 7 next month and the EAC will finalize the tax as well as other new government initiatives after the approval of the IMF.
Source: Pro Pakistani