Muhammad Sohaib Firdous – Page 57

Honor X8 5G Price in Pakistan & Features

July 23, 2022 by Muhammad Sohaib Firdous

The Honor X8 5G smartphone, which is claimed to be the 5G version of the Honor X8 already released in March of this year, was surreptitiously unveiled by Honor.

There is more to it than merely increased 5G connectivity support, though.

The new X8 5G sports a smaller 6.5-inch IPS LCD panel with a resolution of 720 x 1600 pixels as a start. A Snapdragon 480+ SoC has replaced the Snapdragon 680 SoC, and oddly enough, while using an older manufacturing process and running at lower clock speeds, it is a more potent replacement.

There is only one memory option available: 6GB/128GB.

However, Honor had to make some compromises to keep the price low, thus the 5MP ultrawide camera has been eliminated, and the primary 64MP camera has been replaced with a 48MP f/1.8 camera.

The X8 5G currently just includes a 2MP depth sensor and a 2MP macro camera. The selfie’s resolution has been reduced to 8MP with f/2.0.

Honor X8 5G Price in Pakistan

The Honor X8 5G expected price in Pakistan is ₨ 42,999.

Honor X8 5G Specifications:

Network
2G Band	GSM 850 / 900 / 1800 / 1900 MHz
3G Band	HSDPA 850 / 900 / 1900 / 2100 MHz
4G Band	LTE Band 1: 2100, Band 2: 1900, Band 3: 1800, Band 4: 1700, Band 5: 850, Band 7: 2600, Band 8: 900, Band 12-14, 17: 700, Band 20: 800, Band 28: 700, Band 31: 450, Band 71: 600 MHz
DISPLAY
Type	IPS LCD Display Capacitive Touchscreen, 16M Colors, Multitouch, 90Hz Refresh Rate
Display Size	6.7 Inches
Resolution	1080 x 2388 Pixels, 395 PPI
CAMERA
Back Camera	Quad Camera: 64MP + 5MP + 2MP + 2MP with LED Flash, AF
Front Camera	Single: 16 MP (wide)
Camera Features	LED Flash, HDR, Panorama 1080p@30fps
BODY
Dimensions	163.4 x 74.7 x 7.5 mm
Weight	177g
SIM	Single SIM (Nano-SIM) or Dual SIM(Nano-SIM, dual stand-by)
Color	Titanium Silver, Midnight Black, Ocean Blue
PLATFORM
OS	Android 11 – Magic UI 4.2
CPU	Octa-core (4×2.4 GHz Kryo 265 Gold & 4×1.9 GHz Kryo 265 Silver) Processor
Chipset	Qualcomm SM6225 Snapdragon 680 4G (6 nm)
GPU	Adreno 610
MEMORY
Internal	128GB Storage
RAM	6GB
Card slot	No
BATTERY
Power	4000 mAh Li-Po Fast Charging 22.5W Battery
CONNECTIVITY
WLAN	Wi-Fi 802.11 a/b/g/n/ac, Dual-band, Wi-Fi Direct, hotspot
Bluetooth	v5.0 with A2DP, LE
Radio	FM Radio: No, USB: microUSB v2.0 Type-C, Music, Alert MP3, Ringtones, Vibration, Polyphonic
NFC	No
OTG	Yes
Loudspeaker	Yes
3.5mm Jack	Yes
GPS	Yes + A-GPS, GLONASS, BDS, GALILEO
MORE FEATURES
Browser	HTML5
Sensors	Fingerprint(side-mounted), Accelerometer, Virtual Proximity Sensing, Compass
Messaging	SMS, MMS, Email, IM, Push Mail
Games	Yes, Downloadable and Built-in Available
Protection	–

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Oppo F21 Pro 5G Price in Pakistan & Features

July 23, 2022 by Muhammad Sohaib Firdous

The Oppo F21 Pro 5G has been warmly welcomed since its release, with admirers fawning over its amazing design and quickest internet connection thanks to its 5G enabled, 6nm processing, and camera capabilities.

On its debut sales day, the phone generated a great deal of excitement thanks to its superb aesthetic and distinctive Mega lens & Mega portrait feature.

The Oppo F21 Pro 5G provides a great user experience with its Qualcomm® SnapdragonTM 695 5G Mobile Platform, which is constructed on a 6nm technology.

It also features a slim and stylish design and a long battery life. A potent 4500mAh battery with 33W SUPERVOOC Flash-charging technology powers the phone.

With a 128GB ROM and 8GB RAM that can be increased by 5GB using Oppo’s RAM extension, the device promises to be extremely power-efficient.

Oppo F21 Pro 5G Price in Pakistan

The Oppo F21 Pro 5G expected price in Pakistan is ₨ 74,999.

Oppo F21 Pro 5G Specifications:

Build	OS	Android 12 OS
	UI	ColorOS 12.1
	Dimensions	159.9 x 73.2 x 7.5 mm
	Weight	173 g
	SIM	Dual Sim, Dual Standby (Nano-SIM)
	Colors	Rainbow Spectrum, Cosmic Black
Frequency	2G Band	SIM1: GSM 850 / 900 / 1800 / 1900 SIM2: GSM 850 / 900 / 1800 / 1900
	3G Band	HSDPA 850 / 900 / 2100
	4G Band	LTE band 1(2100), 3(1800), 5(850), 7(2600), 8(900), 34(2000), 38(2600), 39(1900), 40(2300), 41(2500)
	5G Band	SA/NSA
Processor	CPU	Octa-core (2 x 2.2 GHz Kryo 660 Gold + 6 x 1.7 GHz Kryo 660 Silver)
	Chipset	Qualcomm SM6375 Snapdragon 695 5G (6 nm)
	GPU	Adreno 619
Display	Technology	AMOLED Capacitive Touchscreen, Multitouch
	Size	6.43 Inches
	Resolution	1080 x 2400 Pixels (~409 PPI)
	Protection	Schott Xensation glass
	Extra Features	430 nits (typ), 600 nits (HBM)
Memory	Built-in	128GB Built-in, 8GB RAM, UFS 2.2
Memory	Card	microSDXC
Camera	Main	Triple Camera: 64 MP, f/1.7, 26mm (wide), 1/2.0″, PDAF + 2 MP, f/3.3, (microscope) + 2 MP, f/2.4, (depth), LED Flash
	Features	Phase detection, Geo-tagging, touch focus, face detection, HDR, panorama, Video (1080p@30fps, gyro-EIS)
	Front	16 MP, f/2.4, 27mm (wide), HDR, panorama, Video (1080p@30fps)
Connectivity	WLAN	Wi-Fi 802.11 a/b/g/n/ac, dual-band, Wi-Fi Direct, hotspot
	Bluetooth	v5.1 with A2DP, LE, apt-X HD
	GPS	Yes + A-GPS support, & GLONASS, GALILEO, QZSS
	Radio	FM Radio
	USB	USB Type-C 2.0, USB On-The-Go
	NFC	No
	Data	GPRS, Edge, 3G (HSPA 42.2/11.5 Mbps), 4G LTE-A, 5G capable
Features	Sensors	Accelerometer, Compass, Fingerprint (under display, optical), Gyro, Proximity
	Audio	3.5mm Audio Jack, MP4/H.264/FLAC player, MP3/eAAC+/WAV player, Speaker Phone
	Browser	HTML5
	Messaging	SMS(threaded view), MMS, Email, Push Mail, IM
	Games	Built-in + Downloadable
	Torch	Yes
	Extra	RGB ring lights around the cameras (notifications, charging progress), IPX4, dust and water resistant, Document editor, Photo/video editor
Battery	Capacity	(Li-Po Non removable), 4500 mAh
Battery		– Fast charging 33W, 31% in 15 min, 100% in 63 min (advertised), Reverse charging, USB Power Delivery

Price	Price in Rs: 74,999 Price in USD: $373

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Vivo V23 5G Price in Pakistan & Specs

July 23, 2022 by Muhammad Sohaib Firdous

The Vivo V23 5 has two dual-tone LEDs for nighttime lighting with adjustable color temperature, a 50 MP main camera (with autofocus) and an 8 MP super wide-angle (105°) camera on the front.

The primary module of the rear camera has a 64 MP sensor, and the ultra-wide module has an 8 MP sensor. A 2 MP macro camera is also present. The phone is approved for HDR10+ and Hi-Res Audio, and it boasts a 6.44″ AMOLED display with a 90 Hz refresh rate (but no 3.5 mm jack).

The Vivo V23 5G runs Funtouch OS 12 (based on Android 12), which provides 4 GB of virtual RAM, and is powered by a Dimensity 920 with 12 GB of RAM.

The phone’s thin 7.55 mm aluminum alloy shell and Schott Xensation Up glass display are both for protection.

Additionally, the back is constructed of glass (Fluoritte AG glass), which, after spending some time in the sun, changes color.

The phone’s 4,200 mAh battery supports 44W rapid charging, and it is the last component. In our tests, it achieved a decent endurance rating and charged completely in just over an hour.

Vivo V23 5G Price in Pakistan

The Vivo V23 5G expected price in Pakistan is ₨ 92,999.

Vivo V23 5G Specifications:

General Features
Release Date	2021-12-16
SIM Support	Dual SIM (Nano-SIM, dual stand-by)
Phone Dimensions	157.20 × 72.42 × 7.39 mm (Stardust Black) / 157.2 × 72.42 × 7.55mm (Sunshine Gold)
Phone Weight	179 g/181g
Operating System	Funtouch OS 12

Display
Screen Size	6.44 Inches
Screen Resolution	1080 x 2400 pixels
Screen Type	AMOLED Capacitive Touchscreen, 16M Colors, Multitouch
Screen Protection	Schott Xensation Up

Memory
Internal Memory	128/256 GB
RAM	8/12 GB
Card Slot	No

Performance
Processor	MediaTek Dimensity 920
GPU	Mali-G68 MC4

Battery
Type	Li-Po 4200 mAh, non-removable

Camera
Front Camera	50 MP + 8 MP
Front Flash Light	Yes
Front Video Recording	4K@30fps, 1080p@30fps
Back Flash Light	Yes
Back Camera	64 MP + 8 MP + 2 MP
Back Video Recording	4K@30fps, 1080p@30fps, gyro-EIS

Connectivity
Bluetooth	Yes
3G	Yes
4G/LTE	Yes
5G	Yes
Radio	N/A
WiFi	Yes
NFC	Yes

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Meghan Markle believed ‘monarchy to be like Hollywood’

July 23, 2022 by Muhammad Sohaib Firdous

Meghan Markle believed that the monarchy was just like Hollywood, where stars were everything.
‘She fulfilled her goal of getting married to Prince Harry.’
Meghan didn’t grasp hierarchy because there is just one rank in the monarchy, according to biographer Tom Bower.

Meghan Markle allegedly misunderstood the ‘hierarchy’ of royals and that the queen is at the top.

The British biographer Tom Bower claimed that Meghan always craved stardom during his interview with Ben Shephard and Charlotte Hawkins on a television program.

He continued by saying that the Suit’s alum erred since she did not comprehend the family’s structure.

“She didn’t realize that she couldn’t be the best. She didn’t grasp hierarchy because there is just one rank in the monarchy,” according to Bower.

“Meghan Markle believed that the monarchy was just like Hollywood, where stars were everything. She didn’t like the idea of working hard for little reward.”

“She told her father when she was little, ‘I want to be famous’,” continued Bower. “I want to stroll on the carpet. She fulfilled her goal of getting married to Harry.”

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Prince Harry’s security call; a ‘dramatic waste of money and ego’

July 23, 2022 by Muhammad Sohaib Firdous

Prince Harry is accused by experts of “wasting” the potential of the Royal Protection.
Critics say they are “trained, armed to the teeth,” but spend “99 percent of the year sitting on their behinds”.
Even full protection for Prince Harry, Meghan Markle, Archie, and Lilibet is mentioned.

Prince Harry is accused by experts of “wasting” the potential of the Royal Protection, who are “trained, armed to the teeth,” but spend “99 percent of the year sitting on their behinds.”

Fleet Street Fox, a writer, and royal commentator made this accusation in a recent article.

One of Prince Harry’s major problems was covered in the article, which he shared in The Mirror.

The dilemma emerges when someone wants to leave the restrictions of royalty but wants to keep everything else, the article stated.

You’ll have to sell the Royalty because, like a new vehicle, it loses value as soon as you drive it away.

“PRs cost money, you just trashed tradition, and the Met doesn’t put as much effort into hosting celebrities,” said the critic.

Even full protection for Prince Harry, Meghan Markle, Archie, and Lilibet was mentioned by the analyst, who said, “None of them are realistic, which leaves the third option.”

“A dozen Royal Protection professionals, trained, fully equipped, and spending 99 percent of the year on their behinds, solely for Harry and Meghan.”

“This is such a dramatic waste of money and ego that it would float away in Wash far more quickly than the Crown Jewels. Despite his income, Harry was unable to pay for it.”

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Volkswagen CEO Diess to step down in September

July 23, 2022July 23, 2022 by Muhammad Sohaib Firdous

Herbert Diess to step down from the board of the German auto giant.
He will be replaced by the boss of sports car brand Porsche, Oliver Blume.
Volkswagen is in the middle of overhauling its business to focus on electric vehicles.

Volkswagen CEO Herbert Diess will step down from the board of the German auto giant to be replaced by the boss of sports car brand Porsche, the group said Friday.

Diess’s departure from the top of the world’s second-largest automaker was agreed “by mutual consent” and would take effect on September 1, Volkswagen said in a statement.

After four years as CEO, Diess will be replaced by Oliver Blume, the current boss of the Porsche sports cars, part of the Volkswagen family of 12 brands that also includes Skoda and Audi.

The group, which is in the middle of overhauling its business to focus on electric vehicles, decided the move at a meeting of the supervisory board on Friday.

Diess had “played a key role” in the transformation of the group, steered the company through “extremely turbulent waters” and “implemented a fundamentally new strategy”, said supervisory board chairman, Hans Dieter Poetsch.

The outgoing CEO often ruffled feathers with his abrasive style and controversial statements.

In 2019, he was made to apologise for making a play on words with a Nazi slogan at a company meeting.

Diess came under pressure internally after he suggested last October that up to 30,000 jobs could be at risk at Volkswagen in Germany if it could not cut costs in its transition to battery-powered models.

An open admirer of Elon Musk, the CEO of American electric vehicles pioneer Tesla, Diess said last year the storied German carmaker would need a “revolution” to take on its US rival.

“Team spirit, fairness and passion are decisive for success,” the incoming CEO Oliver Blume said in a statement on Friday.

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India’s Reliance reports highest-ever refining revenues

July 23, 2022 by Muhammad Sohaib Firdous

Reliance Industries reported a net profit of 179.55 billion rupees ($2.25 billion) between April and June.
It turned out to be 46.3 percent higher than the same period last year.
Revenues from operations increased 54.54 percent year-on-year to 2.23 trillion rupees.

Indian oil-to-telecoms giant Reliance Industries reported earnings that missed analyst estimates Friday, despite a strong performance by its core oil-refining business.

The conglomerate, which is owned by Asia’s richest man Mukesh Ambani, reported a net profit of 179.55 billion rupees ($2.25 billion) between April and June, 46.3 percent higher than the same period last year.

Revenues from operations increased 54.54 percent year-on-year to 2.23 trillion rupees, aided by both its legacy energy business and newer ventures like telecoms.

Revenues from Reliance’s oil to chemicals (O2C) business — which accounts for 60 percent of total income — jumped 56.68 percent year-on-year to 1.62 trillion rupees, its highest ever.

A 65 percent year-on-year increase in brent crude oil prices in the quarter primarily contributed to the strong performance, the company said.

Imports of Russian crude at discounted rates have likely helped Reliance’s refining margins as energy demand surged.

Revenues from the energy giant’s smaller oil and gas exploration and production business jumped 183 percent year-on-year to 36.25 billion rupees, helped by higher gas prices.

“Geopolitical conflict has caused significant dislocation in energy markets and disrupted traditional trade flows,” chairman and managing director Ambani said in a statement

“Despite significant challenges posed by the tight crude markets and higher energy and freight costs, O2C business has delivered its best performance ever,” the billionaire added.

Strong supply chain infrastructure helped insulate customers on Reliance’s retail, grocery and digital platforms from inflation in the quarter, Ambani said.

Telecoms arm Reliance Jio saw revenues rise 23.6 percent to 275.27 billion rupees and added 9.7 million subscribers, reversing three consecutive quarters of its subscriber base shrinking.

Revenues from Reliance’s retail business hit a fresh all-time high of 585.54 billion rupees, helped by the opening of 792 new stores in the quarter.

Reliance’s multi-billion-dollar fortune has been powered by oil and petrochemicals businesses, but the company has diversified into new areas including telecoms and retail in recent years.

The company’s shares closed 0.62 percent higher in Mumbai ahead of the earnings announcement on Friday.

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Twitter says Musk ‘uncertainty’ hurting revenue

July 23, 2022 by Muhammad Sohaib Firdous

Twitter missed expectations with revenue of $1.18 billion.
The firm is locked in a legal battle with the mercurial Tesla boss.
The fight is over his effort to walk away from a $44 billion deal.

Twitter blamed disappointing results Friday on “headwinds,” including the uncertainty imposed on the company by Elon Musk’s chaotic buyout bid.

The firm is locked in a legal battle with the mercurial Tesla boss over his effort to walk away from a $44 billion deal to purchase the platform, leaving the company in limbo.

Twitter missed expectations with revenue of $1.18 billion, due to “advertising industry headwinds… as well as uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk,” the company reported.

Also, in the current context of tightening credit conditions and economic turbulence, many companies like Twitter that rely heavily on ads are suffering from a decrease in advertisers’ budgets.

“Twitter is on a rowboat in the middle of a storm,” said analyst Jasmine Enberg. “The Musk saga rocked the boat even harder.”

“Twitter is now in the unenviable position of convincing advertisers that its ad business is solid,” she added.

Twitter also reported that the number of “monetizable” daily active users — those who can be shown advertising — increased by 8.8 million, less than expected by analysts, to 237.8 million.

“Overall we would characterize the daily active user metrics as better than feared and holding up relatively firm in this environment,” said analyst Dan Ives.

Despite the less than stellar results, Twitter’s stock closed up nearly one percent at $39.84, as investors seemed relieved the news wasn’t worse.

By comparison, Snap’s stock finised down 39 percent a day after the parent company of messaging app Snapchat reported disappointing earnings.

Twitter’s results cover the period ending in June so don’t include Musk’s move in July to try to “terminate” the deal on the argument that the platform was not forthcoming about its tally of fake accounts.

The social media network, which is a key exchange of ideas, news and entertainment, has countered by saying the Tesla chief already agreed to the deal and can’t back out now.

“Twitter believes that Mr. Musk’s purported termination is invalid and wrongful, and the merger agreement remains in effect,” it said in the earnings report.

Twitter left in limbo

Twitter notched a victory earlier this week in its fight with Musk, when a judge agreed to a fast-track trial on whether to force the billionaire to complete the buyout.

Musk’s lawyers had pushed for a February 2023 date, but the court in the eastern US state of Delaware hewed closely to the uncertainty-wracked platform’s desire for speed and set an October start.

Billions of dollars are at stake, but so is the future of Twitter, which Musk has said should allow any legal speech — an absolutist position that has sparked fears the network could be used to incite violence.

While the deal remains in limbo, Twitter is left with anxious employees, wary advertisers and hamstrung management.

In early May, at an annual marketing event where companies negotiate large advertising deals, Twitter was “not able to give advertisers any clarity or confidence” that it would continue to be safe showcase for them, Angelo Carusone, president of watchdog group Media Matters, told AFP previously.

“They didn’t go anywhere close to what they normally sell at that event. And it’s obviously been sluggish since then,” he said.

The San Francisco-based social network cannot afford to lose customers.

Unlike big fish such as Google and Facebook parent Meta, which dominate online advertising and make billions in profits, Twitter lost hundreds of millions of dollars in 2020 and 2021.

The group will capture less than one percent of global ad revenue in 2022, according to eMarketer, compared to 12.5 percent for Facebook, nine percent for Instagram and nearly two percent for booming upstart TikTok.

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FBR updates Alternate Dispute Resolution Process

July 23, 2022 by Muhammad Sohaib Firdous

FBR has restricted taxpayers’ capacity to use the Alternative Dispute Resolution Process.
Disputes involving tax liabilities of $100,000,000 or more can now only be filed for resolution.
Taxpayers now have more options when choosing who to nominate as a member of the dispute resolution committee.

The Federal Board of Revenue (FBR) has restricted taxpayers’ capacity to use the Alternative Dispute Resolution Process to resolve disputes involving tax liabilities of Rs. 100 million or more.

The FBR has described the remodeling of the Alternative Dispute Resolution Process under the Finance Act 2022 through income tax circular No. 15 of 2022.

The FBR explained that by acting as an efficient substitute for and not a parallel mechanism to the appeal process, the modified dispute resolution procedure will make sure that it is concentrated on high revenue-yielding cases and does not waste time and resources for the taxpayer as well as field formations.

The process for alternative dispute resolution has been updated under the Finance Act 2022.

Significant changes from the old system mean that disputes involving tax liabilities of $100,000,000 or more can now only be filed for resolution. Before, there was no such restriction on submitting an application through this procedure.

Taxpayers can now bring disputes involving questions of fact and law to the committee for resolution, but only if they agree that the committee’s ruling won’t be referenced or used as precedent in any subsequent cases or the same issue for a different tax year. Previously, the dispute resolution committee was expressly prohibited from resolving disagreements involving legal interpretations that had an impact on other cases.

The original proposal’s scope has been broadened to now include the taxpayer’s offer to resolve the dispute, which includes a non-revocable offer to pay tax. Taxpayers now have more options when choosing who to nominate as a member of the dispute resolution committee.

An officer of the Inland Revenue Service who has retired in B521 or higher, a respected business person nominated by a Chamber of Commerce and Industry, or a member of a panel informed by the Board in this regard are now all acceptable nominees for taxpayers. The taxpayer’s nominee member and the Chief Commissioner of Inland Revenue, who is also a member of the committee and has jurisdiction over the matter, will jointly choose the third member of the committee from the panel from which they have been informed by the Board.

Following the formation of the committee but before to the start of a committee procedure, the taxpayer and the Chief Commissioner of Inland Revenue, who have respective jurisdiction over the matter, would withdraw any appeals that are pending before a court of law or appellate body. Previously, there was no obligation for the withdrawal of an appeal, thus the taxpayer could decide whether to continue with it if he disagreed with the committee’s ruling.

The matter before the committee will be decided by a majority vote of the members. Previously, settlement of a disagreement by the committee members required consensus. The taxpayer and the Chief Commissioner of Inland Revenue, who has jurisdiction over the issue, must abide by the committee’s ruling. Previously, it was only obligatory on the Chief Commissioner once the taxpayer had accepted it by withdrawing their appeal, according to FBR.

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PSX: KSE-100 index dominated by bears

July 23, 2022 by Muhammad Sohaib Firdous

The rupee hit an all-time low of 228.37 against the US dollar last week.
Fitch has lowered Pakistan’s rating outlook from stable to negative.
Mutual funds reported the most selling on the domestic front ($7.76 million).

At the Pakistan Stock Exchange (PSX), the bears were in total control last week as the market declined on three of the five trading days due to uncertainties around the final clearance of the $6 billion International Monetary Fund (IMF) loan package and growing political unrest.

Following the by-elections and Punjab’s election of a new chief minister, market participants were seen adopting a cautious stance.

As foreign reserves were depleted and there was uncertainty regarding funding from friendly nations, the rupee also started to lose value in relation to the US dollar in the week under review, reaching an all-time low of 228.37. This increased investor concerns and prevented them from taking on new positions.

Before disbursing the $1.2 billion loan, the IMF is also determining which friendly nations are prepared to give financial assistance to Pakistan. Given the circumstances, the market was under pressure, and on Thursday, the index dropped below 40,000 points for the first time since November 2020.

Fitch also lowered Pakistan’s rating outlook from stable to negative.

As a result, the benchmark KSE-100 index lost 1,998 points, or 4.75 percent, to conclude the week at the 40,077 point level.

Foreign direct investment increased by 2.6 percent in FY22 to $1.868 billion, SBP reserves decreased by $9.329 billion due to debt repayments, Pakistan international bond yields increased by 50.6 percent, large-scale manufacturing increased by 11.7 percent in 11MFY22, and PPIB extended the due financial close date for the Kohala Hydropower Project by three years.

In contrast to last week’s net sell of $1.40 million, this week’s foreign purchases totaled $3.43 million. Technology saw the most buying ($1.98 million), followed by all other industries ($0.75 million).

Mutual funds reported the most selling on the domestic front ($7.76 million), followed by insurance companies ($2.22 million).

Average volumes for the week under consideration were 163 million shares, which is an 8 percent week-over-week decrease, and the average value moved ended up at $21 million (down by 31 percent week-on-week).

Significant weekly winners and losers

Commercial banks (-499 points), fertilizer (-294 points), cement (245 points), oil and gas exploration businesses (-187 points), and power generation and distribution were among the sectors that made negative contributions (-110 points).

Contrarily, sugar and related industries (+3 points) and closed-end mutual funds (+2 points) made positive contributions.

HBL (-152 points), Lucky Cement (-92 points), Engro Corporation (-92 points), Engro Polymer and Chemical (-91 points), and Hubco were the major scrip losers (-90 points).

Shakarganj Limited (+3 points), HBL Growth Fund (+2 points), Highnoon Laboratories (+2 points), Murree Brewery Company Limited (+1 points), and Dolmen City REIT (+1 points) were the main gainers in the meantime.

Expected next week

According to an AHL analysis, “The market is anticipated to be favorable in the approaching week. The start of the result session the following week is expected to keep some scrips in the spotlight.

“Scrips are also selling at low prices, which could renew the momentum. We advise the investors to select just blue chip stocks, it stated.

According to the brokerage house, “The KSE-100 is now trading at a PER of 4.1x (2022) compared to the Asia-Pacific regional average of 11.8x while offering a dividend yield of 9.4% vs 2.8 percent supplied by the area.”

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OMR TO PKR: Omani Riyal to PKR exchange rates on, July 23, 2022

July 23, 2022 by Muhammad Sohaib Firdous

OMR to PKR buying exchange rate is 584.2 as per Pakistan Open Market and OMR/PKR selling exchange rate for 1 Omani Riyal to PKR is 588.7. Updated on, July 23, 2022. Omani Riyal to PKR exchange rates The information has been obtained from the Forex Association of Pakistan. Today’s Omani Riyal to PKR Check the … Read more

QAR TO PKR: Qatari Riyal to PKR exchange rates on, July 23, 2022

July 23, 2022 by Muhammad Sohaib Firdous

QAR to PKR buying exchange rate is 61.8 as per Pakistan Open Market and QAR/PKR selling exchange rate for 1 Qatari Riyal to PKR is 62.3. Updated on, July 23, 2022. Qatari Riyal to PKR exchange rates The information has been obtained from the Forex Association of Pakistan. Today’s Qatari Riyal to PKR Check the … Read more

AUD TO PKR: Australian Dollar to PKR exchange rates on, July 23, 2022

July 23, 2022 by Muhammad Sohaib Firdous

AUD to PKR buying exchange rate is 155.1 as per Pakistan Open Market and AUD/PKR selling exchange rate for 1 Australian Dollar to PKR is 156.4. Updated on, July 23, 2022. Australian Dollar to PKR exchange rates The information has been obtained from the Forex Association of Pakistan. Today’s Australian Dollar to PKR Check the … Read more

GBP TO PKR: British Pound to PKR exchange rates on, July 23, 2022

July 23, 2022 by Muhammad Sohaib Firdous

GBP to PKR buying exchange rate is 264.0 as per Pakistan Open Market and GBP/PKR selling exchange rate for 1 British Pound to PKR is 267.5. Updated on, July 23, 2022. British Pound to PKR exchange rates The information has been obtained from the Forex Association of Pakistan. Today’s British Pound to PKR Check the … Read more

EUR TO PKR: Euro to PKR exchange rates on, July 23, 2022

July 23, 2022 by Muhammad Sohaib Firdous

EUR to PKR buying exchange rate is 224.5 as per Pakistan Open Market and EUR/PKR selling exchange rate for 1 Euro to PKR is 227.5. Updated on, July 23, 2022. Euro to PKR exchange rates The information has been obtained from the Forex Association of Pakistan. Today’s Euro to PKR Check the updated list given … Read more

Ryder Cup risks becoming ‘nonsense’ after LIV Golf defections

July 22, 2022 by Muhammad Sohaib Firdous

Europe and the United States will meet in 2023 Ryder Cup in Italy.
Henrik Stenson was this week stripped of his role as Europe’s team captain.
12-member teams from the United States and Europe meet every two years for the three-day event.

Europe and the United States will lock horns at the Ryder Cup next year but the tournament could be a pale shadow of its former self after multiple defections to the rebel LIV series.

The event in Italy starting on September 29, 2023, will be billed as Europe’s chance to exact revenge for a humbling defeat last year at Whistling Straits but who will be in the field is anybody’s guess.

Henrik Stenson was this week stripped of his role as Europe’s team captain while fellow European stars Lee Westwood, Ian Poulter, Sergio Garcia and Graeme McDowell all risk being omitted from future Ryder Cups.

As things stand Americans Phil Mickelson, Dustin Johnson, Bryson DeChambeau, Patrick Reed and Brooks Koepka will not be in the frame for selection for the US team at the event at the Marco Simone Golf and Country Club in Rome.

The US PGA Tour swiftly suspended its defectors last month, effectively ruling them out of competing in the biennial team competition because they will not be able to earn the points to qualify.

The DP World Tour, formerly the European Tour, imposed heavy fines on its members who played in the inaugural LIV event in London and banned them from three events.

But the punishments have not stemmed the tide of players signing up to the Saudi-funded LIV series and it is difficult to predict how things will unfold as golf’s civil war deepens.

Wednesday’s announcement that Stenson was jumping ship, and would play in the third event of the LIV series in Bedminster, New Jersey, next week was a bitter blow for golf’s establishment.

The 46-year-old Swede, appointed captain in March, said he accepted the decision even though he disagreed with it.

“I sincerely hope a resolution between the tours and its members can be reached soon and that the Ryder Cup can act as a mechanism for repair amongst various golfing bodies and their members,” he said.

Westwood and Garcia have said they see no reason why competing in LIV tournaments should rule them out of future trans-Atlantic matches and with 14 months to go there is time for a compromise to be reached.

But US Ryder Cup captain Zach Johnson has given a clear steer that players must qualify for the team through the PGA Tour.

Ryder Cup prestige

The Ryder Cup is golf’s pre-eminent team event in an overwhelmingly individual sport, bringing together 12-member teams from the United States and Europe every two years for the three-day event.

Colin Montgomerie, speaking before Stenson was stripped of his role, told Sky Sports that being captain of the Ryder Cup team was the “greatest honour that can be bestowed on any European Tour player”.

Padraig Harrington, whom Stenson replaced as skipper, said he wished his former European team-mate had waited until after the 2023 tournament to move to LIV.

Despite his disappointment, Harrington sounded upbeat, telling Sky: “He has given us plenty of time. Fifteen months is loads of time for us to get somebody in place, to get a feel for what they’re doing and it won’t interfere at all.”

But former European captain Tony Jacklin, who twice led the team to victory, has warned that the Ryder Cup could be badly damaged.

“The way things stand right now, next year’s Ryder Cup is just going to be a nonsense,” the two-time major winner wrote in the Telegraph.

“The whole sorry saga is a real mess and the only way it’s going to be settled is through the courts,” he added.

Former world number one Jon Rahm expressed his anger over the situation at last week’s British Open after his fellow Spaniard Garcia confirmed his intentions to quit the DP World Tour, a move that would end his chances of playing in the Ryder Cup.

“The Ryder Cup is the reason why my family and I began to play this sport and the reason why many others play golf,” said Rahm. “For what is happening to mean that the best player Europe has had (Garcia) can’t play is something I find hard to understand and process.

“The event which gives golf most publicity all over the world is the Ryder Cup and that for this nonsense players like him can’t play it, that angers me even more.”

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Sri Lanka seek Galle turner to pay back Shaheen-less Pakistan

July 22, 2022 by Muhammad Sohaib Firdous

Hosts are fresh off a morale-boosting four-wicket victory in the first Test.
Pakistan hit by injury to pace spearhead Shaheen Shah Afridi, who played key role in win.
Pathum Nissanka returns to the team after he contracted Covid in the second Test.

Dimuth Karunaratne’s Sri Lanka will look to bounce back in the second Test starting Sunday against an upbeat Pakistan team that is fresh off a morale-boosting win.

But the tourists have been hit by an injury to pace spearhead Shaheen Shah Afridi, who played a key part in the team’s four-wicket victory on Wednesday.

Sri Lanka have witnessed contrasting results at the Galle International Stadium in the past three weeks, and now head into their sixth straight Test at the venue since November.

In the first of their two Tests against Australia at the ground earlier this month, the hosts first lost inside three days on a vicious turner, then bounced back to beat the tourists on a radically different wicket to end the series level at 1-1.

For the first Test against Pakistan, the pitch was once again entirely different, with little help for the spinners, even on the final two days, when Asian tracks usually turn.

“There was a big difference in the wicket we played against Australia and here,” Sri Lanka vice-captain Dhananjaya de Silva said.

“Normally on a Galle pitch the fourth and fifth days don’t help the batsmen.”

Left-arm spinner Prabath Jayasuriya has stood out since his debut in the second Australia Test, where he got a match haul of 12 wickets.

He then bamboozled Pakistan with a total of nine wickets in the opening Test of this series.

But de Silva, an all-rounder who bowls off-spin, said Jayasuriya got little support from the other end against Pakistan.

“Only Prabath bowled a consistent line and length and we leaked runs from the other two spinners,” said de Silva.

“It is difficult to keep a tight field when you are leaking runs from one side.”

Mystery spinner Maheesh Theekshana has been ruled out due to a finger injury and de Silva may be expected to play a bigger role with the ball alongside Ramesh Mendis and Jayasuriya.

Batsman Pathum Nissanka returns to the team after he contracted Covid in the middle of the second Australia Test.

The venue was shifted from Colombo to Galle due to the political unrest in Sri Lanka, and it is the hosts’ final Test of the season, with their next red-ball series a tour to New Zealand in March.

‘Remain positive’

Pakistan skipper Babar Azam believes Jayasuriya remains Sri Lanka’s “main weapon” but was confident in his batsmen’s ability.

“We will stick to our strengths and as batsmen remain positive,” he said.

The visitors rode on opener Abdullah Shafique’s unbeaten 160 to chase down a record 342 at the venue on a tense fifth day. The win gave them a 1-0 series lead.

Shafique is in elite company after the first six matches of his Test career, with 720 runs from 11 innings, behind only India’s Sunil Gavaskar (912 runs from 12 innings), Australian great Don Bradman (862 from 12), and West Indies’ George Headley (730 from 12).

Shaheen’s absence due to a knee injury will hurt Pakistan, who rely on their quicks to get early wickets even on turning subcontinent pitches.

“Pakistan has always produced fast bowlers and they have also won matches on flat tracks,” said Azam, who went with three quicks, including Hasan Ali and Naseem Shah, in the first match.

“But let’s see, we will sit and discuss before the next match what combinations to play.”

Pakistan could make a few changes to their team, including bringing in left-arm orthodox bowler Nauman Ali to bolster their spin attack.

Crucial World Test Championship points will be up for grabs for both teams, with Pakistan third and Sri Lanka sixth in the current standings.

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Bangladesh rest skipper Mahmudullah for Zimbabwe T20s

July 22, 2022 by Muhammad Sohaib Firdous

Bangladesh appoints Nurul Hasan as the new captain for the three-match Twenty20 series against Zimbabwe.
Mahmudullah Riyad was under fire for failing to inspire the team in last 13 T20 internationals.
Nurul has played 33 T20Is for Bangladesh, scoring 271 runs at an average of 12.90.

Bangladesh rested skipper Mahmudullah Riyad and appointed wicketkeeper-batsman Nurul Hasan on Friday as the new captain for the three-match Twenty20 international series against Zimbabwe.

The decision was announced after the BCB chiefs held a meeting with Mahmudullah at its headquarters in Dhaka.

Mahmudullah had been under fire for failing to inspire the team, which lost 11 of their last 13 T20 internationals.

“We have been discussing his captaincy for the last few days,” BCB cricket operations chief Jalal Yunus told reporters. “After discussing with him, we have decided about sending a new team to Zimbabwe.”

“We have informed him that we have selected Nurul Hasan to lead this team,” he added.

Mahmudullah led Bangladesh to 16 wins and 26 defeats in T20Is since assuming the role in 2018.

New captain Nurul Hasan has played 33 T20Is for Bangladesh, scoring 271 runs at an average of 12.90.

He will lead Bangladesh in three T20Is against Zimbabwe at Harare Sports Club ground on July 30, July 31 and August 2.

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