logo
Youm-e-Tashakur observed at GCUF

Youm-e-Tashakur observed at GCUF

FAISALABAD: Youm-e-Tashakur observed at Government College University Faisalabad to honour the historic victory of Marka-e-Haq and pay tribute to the valiant armed forces and people of Pakistan.
Faisalabad, 16 May 2025: Government College University Faisalabad proudly observed a Day of Gratitude to commemorate the recent historic victory against foreign aggression and to pay tribute to the courage and sacrifices of the brave soldiers of Pakistan.
Copyright Business Recorder, 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PM Shehbaz reaches out to political leaders; assures support to handle flood situation
PM Shehbaz reaches out to political leaders; assures support to handle flood situation

Business Recorder

time17 hours ago

  • Business Recorder

PM Shehbaz reaches out to political leaders; assures support to handle flood situation

Prime Minister Shehbaz Sharif on Thursday reached out to the leaders of different political parties and assured them of the cooperation and support of the federal government and its institutions to handle the situation caused by the heavy monsoon rains and consequent floods. The prime minister telephoned Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari and expressed grief over the loss of lives caused by the torrential rains and urban flooding in southern Sindh, particularly Karachi. He offered full support from the federal government to assist the Sindh government in addressing the emergency situation. According to Aaj News, At least 19 people have died in rain-related incidents in the port city since Tuesday afternoon as torrential rains wreaked havoc in the highly densely populated megalopolis, causing deaths, plunging many parts of the city into darkness for over 24 hours, damaging road infrastructure and creating traffic congestion. Relentless torrential rains have paralysed Karachi, halting economic activity and causing an estimated Rs15 billion in losses for traders in just two days, Business Recorder reported. The deluge exposed the city's crumbling infrastructure, with flooded streets, overflowing sewers, and thick sludge deterring customers and preventing shops from reopening. The Pakistan Meteorological Department forecasts continued cloudy skies, intermittent rain, and thunderstorms for the next three days, signaling prolonged challenges for residents and businesses. The persistent adverse weather threatens to exacerbate the crisis, deepening the plight of the city's commercial sector. Prime Minister Shehbaz directed National Disaster Management Authority (NDMA) Chairman Lieutenant General Inam Haider Malik to stay in close coordination with the Sindh government, provide all possible assistance to the Provincial Disaster Management Authority (PDMA), and ensure the early warnings to the people about potential risks. PM's relief fund for calamity-hit people set up The prime minister also spoke with Jamaat-e-Islami Amir Hafiz Naeem ur Rehman and Federal Minister for Education and Professional Training Dr Khalid Maqbool Siddiqui. Discussing with the Jamaat-e-Islami chief the damages caused by recent rains in Khyber Pakhtunkhwa and ongoing relief activities, PM Shehbaz appreciated Al-Khidmat Foundation's proactive role in rescue and relief operations. He also discussed with Dr Khalid Maqbool Siddiqui the recent rains and flood situation in Sindh, as well as potential risks from expected rainfall, assuring full cooperation from NDMA and other federal institutions to address any emergency situation. Meanwhile, in response to the widespread devastation caused by recent monsoon floods across Pakistan, the federal government has established the Prime Minister's Relief Fund for floods, earthquakes and other calamities. In a partial revision to its earlier directive, the Finance Division has withdrawn the clause mandating Cabinet members to contribute one month's salary to the Prime Minister's Relief Fund for Flood, Earthquake and Other Calamities. PM Shehbaz reviews relief efforts for flood-affectees in Pakistan's northern areas The Finance Division has issued an official memorandum outlining mandatory salary contributions from senior government officials to bolster the fund. The catastrophic floods have led to significant loss of life, displacement of communities, and extensive damage to both public and private infrastructure. In light of the humanitarian crisis, the prime minister has directed immediate financial mobilisation from within the federal structure. According to the memorandum: Cabinet members will contribute one month's gross salary to the Relief Fund. However, later it was withdrawn. Federal Bureaucracy (BPS 19–22) will donate one day's gross salary. The deductions will be made from gross pay and allowances, prior to any other deductions. Importantly, these contributions will not be considered part of the employees' emoluments for income tax or house rent recovery calculations.

CM seeks Japanese tech to improve traffic, urban systems
CM seeks Japanese tech to improve traffic, urban systems

Business Recorder

timea day ago

  • Business Recorder

CM seeks Japanese tech to improve traffic, urban systems

LAHORE: 'Japanese experiences and technology will be used to improve traffic and urban systems in Punjab,' said Chief Minister Punjab Maryam Nawaz Sharif. During her visit to Tokyo's state-of-the-art traffic control center, she was given a detailed briefing on the working of traffic control room, and the technology used for the purpose. She was apprised by the authorities concerned, 'Tokyo has the honor of being the first city to use 'infrared technology' for traffic control and monitoring.' They said, 'CCTV cameras and roadside sensors are also being used for traffic control and monitoring in Tokyo.' The chief minister was further briefed about data collection, transport planning and the infrastructure in the traffic control room, and was apprised about the provision of ambulances and police action in case of accidents and emergencies. She observed the modern monitoring system to prevent overspeeding and signal violations, and also learnt about the system to inform public about weather changes in Tokyo through the traffic control system. The chief minister said, 'Lahore will be made the first smart city using a modern traffic management system, funds for which have been given in the annual development program. Traffic system of all major cities of Punjab, including Lahore, is being connected to AI.' She highlighted, 'To maintain smooth traffic flow, more than 12,000 kms long roads have been revamped in Punjab. To reduce traffic pressure on roads, efficient mass transit systems are being introduced in Lahore, Gujranwala and Faisalabad. Safe City cameras are being used for traffic monitoring.' Copyright Business Recorder, 2025

Mobilink Bank upgrades its core banking system
Mobilink Bank upgrades its core banking system

Business Recorder

timea day ago

  • Business Recorder

Mobilink Bank upgrades its core banking system

ISLAMABAD: Pakistan's leading digital microfinance bank, Mobilink Bank, has successfully upgraded its core banking system by transitioning from Temenos' R17 to the R23 release of Temenos' cloud-native core banking platform. The upgrade reflects Mobilink Bank's ongoing commitment to technological innovation, operational excellence, and customer-centric digital transformation. The successful transition was made possible through strategic partnerships with Temenos, a global leader in banking technology, and Systems Limited, a pioneer in digital transformation services. "This is a paradigm shift," said Haaris Mahmood Chaudhary, President & CEO, Mobilink Bank. "By adopting the latest cloud-native core banking technology from Temenos, we are laying the foundation for next-generation digital banking in Pakistan. Our customers can now enjoy faster, safer, and more seamless services, while we strengthen our position as a frontrunner in financial inclusion and digital innovation.' Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store