The State Bank of Pakistan (SBP) has launched the “Prime Minister’s Kamyab Jawan SME Lending Programme,” worth Rs100 billion for startups and small and medium-sized enterprises (SMEs). Citizens aged between 18 and 45 years may avail financing of up to Rs5 million each at a borrowing cost varying between 6% and 8% for a maximum period of eight years.
Source: ExpressTribune
Parvez Elahi was appointed as the president of the PTI on Tuesday, cementing his split with his former party, the Pakistan Muslim League-Quaid (PML-Q). “Chaudhry Parvez Elahi, who has stood firm with Chairman Imran [Khan] and PTI since the regime change, has been appointed as the president of PTI. Notification released!” the party said via its official Twitter account while sharing the notification.
Defence Minister Khawaja Mohammad Asif has claimed that a Pakistani bureaucrat’s daughter received Rs720 million (USD $2.8m) at her wedding in salaami. Not revealing the identity of the bureaucrat, the minister also claimed that a whopping Rs 1.2 billion (USD $4.6m) were collected in salaami at the wedding of the first daughter of the same bureaucrat.
Police on Monday arrested former army general Lieutenant General (retired) Amjad Shoaib on allegations of engagement in “hate speech” and provoking government employees against the administration. Amjad Shoaib was arrested from his residence by the Islamabad police under sections 153A (promoting enmity between different groups) and 505 (statements conducing to public mischief) of the Pakistan Penal Code (PPC).
“Tent Pegging” as the name suggests is a sport of the cavaliers, it is a cavalry sport of
removing wooden ‘tent pegs’ positioned in the ground from the back of a galloping horse
using a sword or lance. Since the inception of the sport, the greatest challenge of a
horseman hinges on the horseman’s arm movement matching the movement of the horse.
Therefore, success in this sport is based on the rider’s agility, aptness, and intensity of the
hit.
