Pakistan

Styleoutwatches rejects rumours of selling Toshakhana gifts

Published

1 year ago

Farwa

The Styleoutwatches on Friday categorically rejected rumours about the Toshakhana gifts received by former prime minister Imran Khan.

In a statement, Styleoutwatches said: “We certify that we never bought or sold the Graff Mecca Map diamond MasterGraff Tourbillon minute repeater watch along with diamond cufflinks and round diamonds gent’s ring, as well as rose gold pen set with diamonds to any person.”

The company said that it has come to our attention through various public and media sources that their verified lnstagram page (styleoutwatches) is being used politically on various social media and public posts.

“We were approached by undisclosed person, to market this watch using our Instagram page,” Styleoutwatches said in a statement, adding that later, however, they were told that this watch has already been sold by a third party.

“Any information about the watch being sold for USD250,000 are incorrect and baseless,” clarified the company.

The statement further said that they disclaimed all liability towards selling the watch set.

The company said that they reserve the right to sue and take legal action against anyone using their name and their brand to sell and market the watch.

“We have to clarify something because there is a lot of media hype and political problems going on about a particular watch,” he said.

He maintained that they did not sell MasterGraff Tourbillon minute repeater watch that Imran Khan had taken from the Toshakhana.

“What we did do is we got it for promotion and marketing reasons,” he said, adding that they took the watch from an undisclosed person, made the pictures and posted it on social media to create attention and hype in 2019.

“Then, we returned the watch to the person and whatever happened before or after, we don’t know,” he clarified. He requested the people to keep them out of the matter.

The statement by the company came after rumours were circulating on social media that Styleoutwatches had sold the watch for 250k USD in 2019.

Business

Price of LPG “slashed” by Rs. 20 per kilogram

Published

2 days ago

Farwa

Sources claim that LPG rates have been lowered by Rs 20, making the cost per kilogram drop from Rs 280 to Rs 260.

It is noteworthy to remark that the costs of LPG were reduced by Rs 20 per kilogram earlier, resulting in a total reduction of Rs 40 per kilogram within a few weeks.

The price of liquefied petroleum gas for the month of May 2024 was lowered by the Oil and Gas Regulatory Authority (OGRA) on April 30.

The LPG tariffs were lowered by Rs 11.88 to Rs 238.46 per kilogram in accordance with the OGRA’s notice. On Wednesday, May 1, 2024, the new rates will go into effect.

In April of last year, the price per kilogram of LPG was Rs 250.34. pricing reduction of Rs 140.18 has resulted in a new pricing for home LPG cylinders set for May 2024 of Rs 2813.85.

The OGRA reported a drop in liquefied petroleum gas pricing in April. The price of LPG is now Rs 250.34 per kg instead of Rs 256.78 due to a reduction of Rs 6.44 per kg.

The price of the household cylinder was fixed at Rs 2954.03 for the month of April, down from Rs 3030.12, a decrease of Rs 76.9.

Business

ADB delegation stops by FBR headquarters

Published

2 days ago

Farwa

Senior Director ADB Tariq Niazi oversaw the expedition, which also involved Sana Masood, Farzana Noshab, and Senior Public Sector Management Specialist Laisiasa Tora. The meeting included presentations from economists as well, according to an FBR press release.

The officers focused on structural and policy adjustments as they discussed the Domestic Resource Mobilization Program’s implementation at the meeting.

$300 million was given to the Pakistani government by ADB in December 2023 as a result of the hard work and dedication of FBR. Better laws, regulations, and institutional capability for the FBR were established by Sub-Program I.

With the $300 million in funding provided by the Asian Development Bank (ADB) to the Government of Pakistan in December 2023, the delegation conveyed satisfaction with the program’s effective launch.

The FBR also underlined how crucial digitization is to recording the economy and boosting productivity in a sustainable way.

In order to promote the Government of Pakistan’s Digital Tax Administration Project, both parties decided to look into measures to improve their cooperation.

Latest News

Off-duty police in Islamabad are prohibited from donning uniforms.

Published

2 days ago

Farwa

The new directives, according to specifics, were sent via wireless by the federal capital police and state that no officer may wear a uniform when reporting for duty or leaving it.

According to the police official, uniforms will only be worn when on duty; otherwise, two policemen will accompany each other during duty hours and will always be required to carry guns.

A different development was the earlier release of an app by the Islamabad Police with the goal of improving crime prevention and public safety.

Launched on the orders of former Interior Minister Sarfraz Akbar Bugti, the recently released ICT-15 app aims to empower the people of the capital city by giving them the ability to actively engage in the battle against crime and protect their areas.

Residents of Islamabad can now easily download and utilize the ICT-15 app because it is easily accessible on the Google Play Store.

Citizens can report a variety of issues with this easy-to-use application, such as incidents, unlawful behavior, complaints against law enforcement, the presence of undocumented people, or any suspicious criminal activity.

The police promise quick reaction times as soon as information is reported using the app, so assistance will be provided as quickly as feasible.