Daily Mail Pakistan

06/04/2023

Agriauto Industries Limited (PSX: AGIL) will continue to observe partial shutdown during the month of April.

In a stock filing to the Pakistan Stock Exchange (PSX), the auto components manufacturer said it will be observing a partial shutdown during April owing to the reduction in production volumes of its major customers.

The development is a continuation of last month’s moratorium when Agriauto first announced that it would partially close its plant during the month of March.

AGIL is engaged in the manufacture and sale of components for automotive vehicles, motorcycles, and agricultural tractors. Its clients include Suzuki, Toyota, and Atlas Honda, all of which are suffering and have shuttered plant operations on repeated occasions as the auto industry reels with inventory shortages caused by import bans.

Pakistan’s auto industry is still besieged by various crises. Listed companies such as Pak Suzuki Motor Company (PSMC), Indus Motor Company Limited, and Honda Atlas Cars have also been ordered to cease production in recent months due to economic hardships.

The country continues to require dollars in order to meet its import and other external payment obligations. This problem will persist and put a strain on the auto industry unless policies are put in place to help alleviate the situation.

06/04/2023

Read more: https://startuppakistan.com.pk/islamic-republic-of-pakistan-tops-the-interest-rate-chart/

Graphics: Rafay Shaikh

28/03/2023

Read more: https://startuppakistan.com.pk/elon-musks-starlink-ready-to-provide-internet-services-in-pakistan/

24/03/2023

Babar Azam become the youngest cricketer to received Sitara-e-Imtiaz.

22/03/2023

The Ministry of Commerce has asked the State Bank of Pakistan (SBP) to issue necessary instructions to banks to open letters of credit (LC) for tea on a priority basis, declaring the import of tea as a ‘primary import’.

According to a letter from the Ministry of Commerce, the Pakistan Tea Association has informed that during the coming month of Ramzan, the domestic demand for tea will increase significantly across the country.

Tea farmers are set to earn more from export of tea to Pakistan which is Kenya’s major export product. This is after the Pakistan government classified tea as an essential import commodity.

The move will also boost Kenya’s export earnings from the tea industry after the Pakistan Central Bank approved the use of US dollars as the transaction currency in the tea business.

Kenya exports fifty percent of it’s tea to Pakistan making it the biggest market for the Kenyan major export product.

22/03/2023

Read more: https://startuppakistan.com.pk/2-pakistani-players-included-in-ipl-franchise/

22/03/2023

Read More: https://startuppakistan.com.pk/pakistan-ranked-108th-out-of-137-in-happiest-countries-list/

22/03/2023

Read more: https://startuppakistan.com.pk/earthquake-in-different-cities-of-pakistan/

21/03/2023

🚨Breaking News🚨

Babar Azam is going to receive Sitara-e-Imtiaz on 23 March 2023.

21/03/2023

Iranian President Ebrahim Raisi has “welcomed” an invitation from Saudi Arabia’s King Salman to visit the kingdom following the reconciliation deal between the two countries, an Iranian official said on Sunday.

“In a letter to President Raisi … the king of Saudi Arabia welcomed the deal between the two brotherly countries [and] invited him to Riyadh,” tweeted Mohammad Jamshidi, the Iranian president’s deputy chief of staff for political affairs, adding that “Raisi welcomed the invitation”.

The two regional heavyweights announced on March 10 a Chinese-brokered deal to restore ties seven years after they were severed.
Riyadh cut relations after Iranian protesters attacked Saudi diplomatic missions in 2016 following the Saudi ex*****on of revered Shia cleric Nimr al-Nimr – just one in a series of flashpoints between the two longstanding regional rivals.

20/03/2023

Babar Azam, The Pride of Pakistan ❤️

20/03/2023

Read more: https://startuppakistan.com.pk/state-bank-likely-to-raise-interest-rate-to-21/

20/03/2023

Read more: https://startuppakistan.com.pk/127000-pakistani-left-jobs-in-2-months-to-search-jobs/

19/03/2023

Indus Motor Company (IMC) has launched the Toyota Fortuner GR-S and Toyota Revo GR-S in Pakistan, adding to the lineup of its already popular SUV and pickup truck. According to the details, the new variants offer minor upgrades over the previously available variants, but that also comes with a very expensive price tag.

The Toyota Revo GR-S also comes with a new black interior with the same GR red stitching, suede, and leather seat material. Furthermore, the vehicle has new silver brake and accelerator pedals and the steering wheel has been upgraded with red stitching and a GR emblem.

The price of the Toyota Revo GR-S in Pakistan is Rs. 16,149,000

19/03/2023

Read More: https://startuppakistan.com.pk/pakistans-weekly-inflation-reached-to-dangerous-level-of-45-64/

18/03/2023

18/03/2023

👏🏼👏🏼👏🏼

18/03/2023

Read more: https://startuppakistan.com.pk/chinese-company-to-invest-2-billion-in-pakistans-fiber-optic-network/

18/03/2023

Read More: https://startuppakistan.com.pk/40-million-liters-of-zam-zam-water-to-be-distributed-in-ramadan/

17/03/2023

Read more: https://startuppakistan.com.pk/pakistan-army-gets-45000-acres-of-barren-land-for-farming/

17/03/2023

16/03/2023

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16/03/2023

Audi is the latest automaker to dip into upscale e-bikes. The brand has introduced an electric mountain bike that takes design cues from its RS Q E-tron E2 electric Dakar Rally racer while promising high-end specs. Built by Italy's Fantic (Autoblog notes it's based on the XMF 1.7), it combines a 250W Brose motor (similar to that for Harley-Davidson's Serial 1 Bash/Mtn) with Fantic's 720Wh battery to deliver a sizeable 66ft/lb of torque.

While Audi isn't providing the top speed or range at this stage, the power pack is decidedly larger than the Bash/Mtn's 529Wh unit, which provides between 30 to 95 miles of range depending on conditions. Like other Brose-powered e-bikes, Audi's model has four levels of electric assistance ranging from a mild Eco through to the all-out Boost mode.

The aluminum frame design uses decidedly different parts than the Porsche eBike lineup beyond the motor and battery. You can expect Braking http://IN.CA.S disc brakes, an Öhlins fork and shock, and Sram components for the chain, shifters and derailleur. You'll also find Italian touches like the Vittoria tires and Sella Italia saddle. The Öhlins gear offers 7.1in of suspension travel versus the XMF 1.7's 6.7in.

The Audi electric mountain bike comes in three sizes, but you'll need to act quickly and carry a large bank balance. The bike is only available as a "limited run" model priced at £8,499 (Over Rs. 2.8 Million) in the UK.

16/03/2023

Read more: https://startuppakistan.com.pk/worlds-most-powerful-ai-model-chatgpt-4-launched/

16/03/2023

Read more: https://startuppakistan.com.pk/fear-of-default-now-over-imf-ready-for-agreement-pm-shehbaz-sharif/

16/03/2023

The Ministry of Defence on Tuesday informed the Election Commission of Pakistan (ECP) that the Pakistan Army will not be available for election duty this year due to the “situation in the country”, noting that the security of the borders and the country was the army’s “first priority”.

During the ECP’s third session regarding the elections of Punjab and Khyber Pakhtunkhwa (KP) assemblies — chaired by Chief Election Commissioner (CEC) Sikandar Sultan Raja — Defence Secretary Lt General (retd) Hamood Uz Zaman Khan and Additional Defence Secretary Major General Khurram Sarfaraz Khan briefed the commission about the current situation of the country, a press release issued by the ECP said.

Pakistan has been witnessing a sharp rise in te*ror incidents for the last few months, which have taken the lives of several people, and as a result, the security forces have upped the ante against mil*itants across the country.

The officials of the defence ministry apprised the participants of the session about the situation on the borders and the deployment of the army in the country, along with the overall law-and-order situation.

“The army attaches importance to its primary duties, and the security of the borders and the country is its first priority. Due to the current situation in the country, the Pakistan Army is not available for election duty at this time," the ministry's officials said.

16/03/2023

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15/03/2023

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15/03/2023

Read more: https://startuppakistan.com.pk/icc-world-cup-pakistan-team-wont-be-allowed-to-travel-to-india/

15/03/2023

Read more: https://startuppakistan.com.pk/woman-branch-manager-steals-rs-20-million-from-customers-account-in-islamabad/

12/03/2023

https://dmpaki.blogspot.com/2023/03/blog-post.html

The Life and Legacy of Prophet Muhammad (Peace be Upon Him)

06/02/2023

This Old Man Serving Free Tea and Dates to Pilgrims of Medina for Last 40 Years

06/02/2023

Chairman Pakistan Cricket Board (PCB) Management Committee Najam Sethi took a firm stance on Pakistan’s Asia Cup hosting rights during the Asian Cricket Council (ACC) Executive Board meeting held in Bahrain Saturday, making it clear on Jay Shah that if India pulls out of the September event, Pakistan will not take part in the World Cup to be hosted by India in October 2023.

A well-placed source within the ACC has confirmed that Sethi’s tough stance took the Board of Control for Cricket in India (BCCI) president by surprise. “Najam Sethi told Jay Shah that if India won’t play in Pakistan, we won’t play in India. Najam has given a clear message to the Indian counterpart, who also heads the ACC these days.”

“Sethi’s stance took Jay Shah by surprise as he was not expecting this,” a source privy to the ACC meeting told.