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The Punjab government says that all female candidates would receive electric bikes.

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The Punjab administration, led by Chief Minister Maryam Nawaz, has increased the number of electric motorcycles accessible for students from 20,000 to 27,200, with a particular emphasis on female students.

An electric bike will now be available to all female students who apply, according to the Transport Department.

The Punjab cabinet approved the distribution of 20,000 electric bikes in March, marking the beginning of the project, which aims to give students, particularly those from low-income homes, access to inexpensive transportation.

The government has increased the number of bikes to 27,200, nevertheless, in response to the tremendous demand. This comprises bikes that run on gasoline and electricity to meet the various demands of students around the province.

A representative for the Transport Department stated that bikes will be given to orphan students for free, and the Bank of Punjab has authorized loans for 20,000 male and female students to buy the bikes.

More than 5,000 gasoline-powered motorcycles and 2,000 electric bikes have already been distributed, according to the spokeswoman, and the process is still ongoing.

All female candidates will be eligible for electric bikes, the Transport Department has stated, in an effort to support female students. These bikes will continue to be distributed, and 6,500 more electric bikes are scheduled to be released soon.

Two years of insurance and servicing coverage are included with every bike to guarantee the program’s dependability.

Over 15,000 students are currently on the waiting list, and they will be given preference when bikes are distributed in the future.

In an earlier statement, the Punjab Chief Minister highlighted the advantages of electric bikes for the environment and stated that their introduction was a component of a larger strategy to lower pollution. Nevertheless, issues like battery theft and low usage prompted the decision to offer gasoline bikes in addition to electric models.

Maryam Nawaz, a well-known political figure in the region, declared that the bikes will have a down payment of Rs. 25,000 and monthly installments of less than Rs. 5,000 in an effort to lessen the financial burden on students. The initiative formally launched in May, and a new program will be launched shortly to honor students who

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Pakistan and Saudi Arabia have reached an agreement to implement a prisoner exchange arrangement.

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This occurred at a meeting between Interior Minister Mohsin Naqvi and Saudi Deputy Interior Minister Nasser bin Abdul Aziz Al Dawood in Islamabad today.

The two parties also deliberated on the legal procedure for the imminent repatriation of four hundred and nineteen Pakistani inmates in Saudi Arabia.

Mohsin Naqvi stated that Saudi Arabia is our brotherly nation, pledging complete collaboration to enhance bilateral relations.

The Interior Minister announced the implementation of a zero-tolerance policy on beggars traveling to Saudi Arabia. An intensive crackdown has been initiated nationwide against the beggar mafia.

Mohsin Naqvi stated that Saudi nationals do not require a visa to enter Pakistan and may visit at their convenience.

The Saudi Deputy Interior Minister stated that the Kingdom seeks to enhance its relations with Pakistan.

In a meeting with Saudi Deputy Interior Minister Nasser bin Abdul Aziz Al Dawood on Tuesday, PM Sharif conveyed his satisfaction with the advancement of agreements for the Saudi investment of 2.8 billion dollars in Pakistan.

Shehbaz Sharif expressed appreciation to the Saudi leadership and administration for their unwavering support of Pakistan, reflecting on the enduring amicable relations between the two nations.

The Prime Minister emphasized the significance of partnership in defense and security, stating that the visit of the Deputy Interior Minister and his entourage would enhance relations in these vital sectors.

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The Supreme Court rejects SIC’s request to be recognized as a parliamentary party.

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The Supreme Court’s 7-member constitutional bench, led by Justice Aminuddin Khan, has rejected a petition challenging the legitimacy of the Sunni Ittehad Council (SIC) as a parliamentary party.

The petition submitted by Maulvi Iqbal Haider was rejected following the court’s endorsement of the objections presented by the Registrar’s Office.

During the hearing, Justice Jamal Khan Mandokhel emphasized that individual candidates possess the freedom to decide whether to affiliate with a political party, adding that the court should refrain from intervening in things that could be considered unconstitutional.

“What is your rationale for requesting actions that are unconstitutional?” Justice Mandokhel inquired, emphasizing that the matter of party affiliation should be left to the candidates’ discretion.

Maulvi Iqbal Haider, representing the Sunni Ittehad Council, asserted that the issue warranted additional examination.

Justice Aminuddin Khan admonished Haider, asserting, “Maulvi Iqbal sir, you are

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The Pakistan Stock Exchange hits a record high as it approaches 97,000 points.

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The benchmark Hundred Index of the Pakistan Stock Exchange (PSX) has surpassed 96,000 points, creating a new all-time high, marking a historic milestone. The index saw an incredible 855-point spike, closing at 96,711 points, the highest level ever seen in the history of the market.

The index increased by 765 points earlier in the day to reach 96,622 points, and then by an additional 488 points to trade at 96,344 points. Good economic conditions and high investor confidence are reflected in the steady rising trend.

Analysts credit the market’s outstanding success to rising foreign investment, better investor sentiment, and economic advancements. The PSX is now among the best-performing markets in the area because to its consistent growth.

With more increases anticipated in the days ahead, the PSX’s bullish momentum demonstrates the financial sector’s resiliency.

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