Imran Khan to be sworn in as Pakistan PM before August 14, PTI reaches out to smaller parties

Agencies
July 29, 2018

Islamabad, Jul 29: Imran Khan will be sworn in as Pakistan's new Prime Minister before the country's independence day on August 14, his party has announced as it is trying to reach out to smaller parties and independents to form the next government. Though the Pakistan Tehreek-i-Insaf (PTI) has emerged as the single largest party in the National Assembly after the July 25 elections, the party is still short of numbers to form the government on its own.

PTI leader Naeenul Haq told media last night that consultations are on to complete the number game. "We have done our homework and he will take oath as Prime Minister before August 14," Haq said.

According to the results announced by the Election Commission of Pakistan (ECP), the PTI has obtained 116 seats. Jailed former prime minister Nawaz Sharif's Pakistan Muslim League-Nawaz (PML-N) with 64 seats and former president Asif Ali Zardari's Pakistan Peoples Party (PPP) with 43 seats are placed at number two and three respectively, the ECP said.

Pakistan's NA - the lower house of Parliament - comprises a total of 342 members, of which 272 are directly elected. A party can only form the government if it manages to secure 172 seats in total. Meanwhile, political activities are at full swing and parties are holding open meetings and secret parleys to arrange the political chessboard.

Pakistan's two major parties -- the Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) ? are expected to meet in a couple of days to devise a joint strategy in a bid to give a tough time to the PTI in parliament, the Dawn reported.

The Pakistani electronic media throughout the day yesterday kept on mentioning names of possible candidates for key government offices and possible members of the federal cabinet.

The PTI leaders who have won more than one seat will have to vacate additional seats as the law allows an individual to retain only one seat. PTI chairman Khan has won five seats and he will have to vacate four seats.

Ghulam Sarwar Khan of Taxila has also won two NA seats by defeating former interior minister Chaudhry Nisar Ali Khan and he will also have to vacate one seat.

Former chief minister of Khyber Pakhtunkhwa Pervez Khattak has won both National Assembly and provincial assembly seats.

If the PTI decides to nominate him again for the office of the chief minister, he will also have to vacate the NA seat which means that the party's seats will be reduced to 109.

It was after these calculations that the PTI leadership has now decided to reach out to other smaller groups and independents since the party has already declared that it will not join hands with the PPP and the PML-N, the daily said.

The Dawn reported that Former secretary general of the PTI Jahangir Tareen had established contacts with independents and the Muttahida Qaumi Movement-Pakistan (MQM-P) which has won six seats. There are 13 independents who have won the NA seats. If the PTI obtains support of the GDA, MQM-P, PML-Q and the Awami Muslim League, the number of its seats will become 122 ? still 15 short of the required numbers, which is more than the independents who have won the elections.

Other parties which will have representation in the NA are the Balochistan National Party-Mengal (BNP-M) with three members, and Jamhoori Watan Party, Awami National Party and Pakistan Tehreek-i-Insaniyat with one seat each.

Though the PPP and the PML-N have also rejected the elections results, sources in the two parties told Dawn that they would not support the Muttahida Majlis-i-Amal (MMA)'s call for boycotting the oath-taking session of the National Assembly.

"We have decided to play the role of an aggressive opposition in parliament," said a senior PML-N leader who had participated in the MMA-convened multiparty conference in Islamabad on Friday.

A senior leader of the PPP said so far they had not finalised any strategy for the elections of key parliamentary offices.

PPP chairman Bilawal Bhutto-Zardari yesterday formed a committee to engage with political parties to discuss the way forward in the post-poll scenario.

The sources said contact had been established between the PPP and the PML-N and the leaders of the two sides were expected to hold a meeting in a few days.

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News Network
July 19,2020

New Delhi, Jul 19: With the highest single-day spike of 38,902 cases reported in the last 24 hours, India's total COVID-19 tally on Sunday reached 10,77,618, informed the Union Health and Family Welfare Ministry on Sunday.

The death toll has gone up to 26,816 with 543 fatalities reported in the last 24 hours.

The Health Ministry said the total number of cases includes 3,73,379 active cases and 6,77,423 patients have been cured/discharged/migrated.

Maharashtra remains the worst affected state with 3,00,937 cases reported until Saturday.
Meanwhile, as per the information provided by the Indian Council of Medical Research (ICMR), 1,34,33,742 samples have been tested for COVID-19 till July 18, of these 3,61,024 samples were tested yesterday.

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News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

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News Network
March 19,2020

New Delhi, Mar 19: The total number of reported novel coronavirus cases in India has climbed to 169, with 30 fresh cases reported from various parts of the country on Wednesday.

The total cases in India include 25 foreign nationals and the three persons who died in Delhi, Karnataka and Maharashtra.

As coronavirus cases continue to rise in India, over 5,700 people, who had come in contact with positive cases, continue to be under rigorous surveillance, the government has said.

Maharashtra has 43 cases, including 3 foreigners, while Kerala has recorded 27 cases which include two foreign nationals. A 28-year-old woman from Pune with a travel history to France and the Netherlands tested positive for Covid-19, a senior official said on Wednesday.

A 68-year-old woman has tested positive for coronavirus in Mumbai. She was in close contact with a Covid-19 patient, who was diagnosed yesterday.

In Rajasthan, three more have tested positive for Covid-19. The new cases have come from Jhunjhunu district. Their samples have been sent to SMS Medical college.

In Maharashtra, a 21-year-old man in Pimpri Chinchwad with travel history to the Philippines, Singapore and Colombo has tested positive for coronavirus. One more person in Ratnagiri has tested positive for Covid-19.

Telangana has reported seven more confirmed coronavirus cases. All the seven are Indonesian national.

Delhi has so far reported 10 positive cases which include one foreigner while Uttar Pradesh has recorded 16 cases, including one foreigner. A man from Noida tested positive on Wednesday, taking the total number to four in Noida.

Karnataka reported two fresh cases on Wednesday, taking the number of infections to 13. The number of cases in Ladakh rose to eight and Jammu and Kashmir three. Telangana has reported six cases which include two foreigners.

One more person has tested positive for coronavirus in Kashmir. The person, with foreign travel history, has been put under isolation. He had arrived in J&K on March 16.

There will be restrictions on public transport, assembly of people and some other measures, in #Srinagar from tomorrow.

Rajasthan has also reported four cases including that of two foreigners. Tamil Nadu, Andhra Pradesh, Odisha, Uttarakhand and Punjab have reported one case each.

Tamil Nadu Health Minister C Vijayabaskar has confined the state's second positive case of coronavirus in the state.

The health minister has stated that the condition of the patient is stable and is in observation.

In Haryana, there are 16 cases, which include fourteen foreigners.

According to the Union ministry's data, 14 people have been discharged so far, including the three patients from Kerala.

Three persons infected with the virus have died so far, the latest casualty being a 64-year-old man from Mumbai with a travel history to Dubai who succumbed on Tuesday.

While a 76-year-old man from Kalaburagi who returned from Saudi Arabia died last Tuesday, a 68-year-old woman in Delhi who had tested positive for coronavirus passed away on Friday night.

The government on Tuesday banned the entry of passengers from Afghanistan, Philippines and Malaysia to India with immediate effect, according to an additional travel advisory.

With coronavirus cases swelling in the country, the government has also banned the entry of passengers from the European Union countries, Turkey and the UK from March 18 till March 31.

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