Gold prices rises by Rs1,200 per tola

KARACHI:The price of 24-karat per tola gold witnessed an increase of Rs1,200 on Saturday and was sold at Rs 187,200 against its sale at Rs186,000 the last trading day.

The price of 10 grams of 24-karat gold also increased by Rs 1029 and was sold at Rs 160,494.

In the international market, the price of one ounce of gold decreased by $2 to reach $1927. Since last week, the market has been witnessing volatility as the economic downturns of the country have affected investors’ moods.

The precious metal is currently in “overcost” condition in Pakistan, which means it is being traded at a higher rate in the local market compared to the international market.

The distressful economic condition of the country has forced investors to turn towards the precious commodity, which in turn raised the prices to an all-time high.

Gold is considered to be a safe haven against inflation – which has climbed to a multi-decade high both on a weekly and monthly basis.

Call to establish Thalassemia Centre in Multan

MULTAN:Multan Chamber of Commerce and Industry (MCCI) on Saturday called for establishing Thalassemia Centre in Multan and ensuring legislation for its screening before marriage.

Speaking to the media after leading an awareness walk under the CSR sub-committee of MCCI in collectorate with Hadia Foundation, he urged upon the Punjab govt to provide staffers and equipment to 140 bedded project for Thalamessia centre which was made after upgrading a BHU.

He informed that though Thalassaemia is a fatal disease but it can be cured by taking precautionary measures. He lauded the services of Nishtar Medical University and Hospital in this connection. Earlier, an awareness walk was attended by MCCI office bearers, known industrialists, civil society Mendez journalists and other people.

It began from MCCI and culminated at Kalma Chowk. The participants were carrying placards and banners inscribed with slogans and messages about Thalamessia. Among others, MCCI Corporate Social Responsibility convener, Sheikh Fazal Elahi, NMU VC, Dr Rana Altaf Ahmed, DG MDA, Kaiser Saleem, AC City Khawaja Umair, VP, Sheikh Asim Saeed, Dr Yasir Khakwani, Saleha Hassan and Dr Abdul Wali.

CTD arrests five terrorists in Punjab operations

LAHORE:In a significant success against terrorism, the Counter Terrorism Department (CTD) Punjab has nabbed five alleged terrorists belonging to TTP and SS during covet operations from three districts of Punjab on Saturday.

Arrests were made from Lahore, Bahawalpur and Sheikhupura. Mehmood Musa was arrested from Lahore while other alleged militants apprehended from other two districts were identified as Abdul Hannan, Rehmat Ali, Muawia and Muhammad Arabi.

Officials said arrested terrorist from Lahore Muhammad Musa has links with Tehreek-i-Taliban Pakistan and enjoys an important role in the banned outfit. After registration of four cases against arrested terrorists, they have been shifted to undisclosed location for interrogation.

Officials further said that these terrorists had planned to carry out attacks in Punjab on a big scale. They said, under directions from IGP Punjab, 97 suspects were apprehended during 458 combing operations and 52 were booked in this regard. The arrested militants will be brought to their logical end, they said.

Azam Khan sworn in as caretaker KP chief minister

PESHAWAR:Khyber Pakhtunkhwa Caretaker Chief Minister Muhammad Azam Khan took oath of his office in Peshawar on Saturday afternoon.

KP Governor Haji Ghulam Ali administered the oath to Azam at a simple but impressive ceremony held at Governor’s House. Earlier, in the day, Governor Haji Ghulam Ali appointed the consensus choice of ruling and opposition parties, and former bureaucrat Azam Khan as the caretaker chief minister of the province.

Governor Haji Ghulam Ali signed the notification for appointing Muhammad Azam Khan as caretaker chief minister early Saturday morning and duly issued the notification.

The order to this effect reads:

“I, HAJI GHULAM ALI, the Governor, Khyber Pakhtunkhwa, hereby appoint Mr. M. Azam Khan, as the Caretaker Chief Minister Khyber Pakhtunkhwa, in terms of Clause (IA) of the Article 224 of the Constitution of Islamic Republic of Pakistan 1973.”

The KP government and the opposition had unexpectedly evolved a consensus on Azam Khan as the caretaker chief minister during their meeting on Friday.

A meeting between KP Chief Minister Mahmood Khan and Opposition Leader Akram Durrani was held at the Speaker’s House in Peshawar. In the meeting, Pakistan Tehreek-e-Insaf (PTI) KP chapter President Pervaiz Khattak and KP Assembly Speaker Mushtaq Ghani were also present.

Mahmood Khan and Akram Durrani of the dissolved assembly later confirmed that they had agreed on the name of Azam Khan as caretaker CM.

After the meeting, Mahmood Khan and Akram Durrani held a press conference and announced that they had agreed on the name of former bureaucrat Azam Khan as Caretaker CM.

Mahmood Khan said the name of Azam Khan has been agreed upon as caretaker CM and it is for the first time in history, there was an agreement between the opposition and the government.

Akram Durrani while talking to the media said the people of the KP province were very worried about the matter but they had chosen Azam Khan on merit and with consensus.

Both the leaders also signed a summary regarding their decision and forwarded it to the KP governor for further action.

Azam Khan’s profile

Azam Khan was educated at the University of Peshawar, following which he went to Lincoln’s Inn, London to complete his Barrister-at-Law degree in 1962. Muhammad Azam Khan has had a long and bright career as a civil servant in the Government of Pakistan.

A former bureaucrat Muhammad Azam Khan remained Minister for Finance, Planning and Development Department, Government of Khyber Pakhtunkhwa (KP) from October 24, 2007 to April 1, 2008. He also served as the Federal Secretary Ministry of Petroleum and Natural Resources and Federal Secretary Ministry of Religious Affairs. Earlier, he held important positions in the KP government where he served as the Chief Secretary from September 1990 to July 1993.

He remained Secretary of different ministries. Muhammad Azam Khan also held the position of Chairman Pakistan Tobacco Board, Government of Pakistan, Ministry of Commerce. He served as UNDP Coordinator from January 1997 to June 2007. He has been a member the of high-powered Commission on Rural Finances; National Statistical Council Islamabad; Steering Committee of IMI in Pakistan, State Bank of Pakistan; South Asia Social Mobilization Network; Senate of Islamia College Peshawar; Board of Governors City University Peshawar; National Oversight Disaster Management Council, Pakistan.

He also acted as Chairman Supreme Court Flood Commission Inquiry; Director Imran Khan Foundation (Flood and Rehabilitation); Chairman Board of Directors, Centre for Excellence for Rural Development; Director of BoD of Allied Bank of Pakistan; Director of BoD of Rural Support Programme; President Senior Alumni Association Islamia College Peshawar and Vice President Children SOS Villages of Pakistan, Peshawar.

Gas leakage claims three lives in Kasur

KASUR:Three people were allegedly suffocated to death due to gas leakage in Kasur’s Qadiwand area on Saturday.

According to Rescue 1122 sources, four people from Sindh’s Jacobabad tehsil had visited Kasur to meet their relatives. At night, the guests ate fish, had drinks and went to sleep. However, in the morning three of the guests were found dead while the fourth one was lying unconscious. Rescue officials shifted the dead and the fainted man to hospital. Police teams were investigating the matter at the incident site.

Free liver transplant of shortlisted patients in Larkana soon

LARKANA:Department of Gastroenterology of Shaheed Mohtarma Benazir Bhutto Medical University (SMBBMU) in collaboration with Dow University of Health Sciences organized a free camp at Chandka Teaching Hospital for the patients of Gastroenterology and Kidney Transplantation here on Saturday, in which Liver Surgeon Prof Dr Jahanzeb Haider, Liver Physician Dr Kailash along with their team examined the patients for free and shortlisted the patients for liver transplant.

On this occasion, Professor Dr. Ali Haider Baloch, in-charge of gastroenterology at Chandka Medical College Hospital, said while talking to the media that Shaheed Benazir Bhutto Medical University and our department contacted the Department of Gastroenterology of Dow Medical University and requested for the transplant of liver for which their team should come to Larkana which arrived and examined the patients today.

They also held a meeting presided over by the SMBBMU Vice-Chancellor which was also attended by the Principal of Chandka Medical College, medicine, allied departments head and faculty members of CMC and other related institutions. It was decided that the liver transplant will be carried out in Chandka Medical College Hospital free of cost for the shortlisted patients.

Police nab four for stealing govt oil

KARACHI:Police on Saturday arrested four persons accused of stealing oil from government line in Karachi.

Reportedly, the Steel Town Police busted a group of people who were involved in diverting oil from a government line in District Malir. The law personnel arrested our accused including Muhammad Rafiq, Khalid Hussain, Syed Adil Shah and Sajid Ali while their accomplices fled away.

Police said that in order to divert the oil, the accused set up an illegal connection on an inland fuel supply line. They said that it was the third incident of oil theft in District Malir in last two months. Police said that they were looking for other fleeing members of the oil nicking gang.