Pakistan is pushing for the manufacture of lithium batteries for solar power with the support of Chinese companies, which will strengthen the country's efforts to meet the increasing energy demand. Minister of Science and Technology, Fawad Hussain Chaudhry, mentioned it at a four-day symposium opening ceremony held at Karachi University (KU) on Monday.
7th International Symposium-Com Training Course
Many local and international scientists participate in the 7th International Symposium-Com Training Course on Molecular Medicine and Drug Research organized at Dr. Panjwani's Center for Molecular Medicine and Drug Research. The Ministry of Science and Technology development budget has increased 600%. The State Department also plans to make strong coordination among the top 15 research institutions in the United States.
The 7th International Symposium on Molecular Medicine and Drug Research at Karachi University The minister also welcomed the delegation and said he was pleased to see many foreign scientists participating in the symposium. This major scientific event is an important step towards improving the understanding of disease at the molecular level and the development of safe and effective drugs," he told the students by studying the ideas of philosophers and social thinkers.
Incomparable with PTI sit-in
The minister later addressed journalists on various issues, one of which is the current demonstration of Jamiat Ulema-i-Islam-Fazl in Islamabad. The minister regretted that Pakistan's recent plan to emphasize the Kashmir issue in the international community was weakened by agitation. There is no comparison between sit-ins held by PTI and sit-ins currently continuing in Islamabad. PTI had to first knock on the doors of the courts and committees and then choose to sit down, but obviously not in JUI-F, ”he said.
As another question, he insisted that drinking water problems in Karachi would be solved in the next 16 months. Emphasizing the government's efforts, Professor Atta-ur-Rahman, the Prime Minister's working-level chairman of the Ministry of Science and Technology, said that the scientific conference is not only about the quality and excellence of research, but also about friendship and cooperation between countries.
Talking about the government's current science and technology initiative, he said that 200 billion rupees were approved as minister of science and technology education. 27 large-scale projects have been launched to foster domestic science, research and education. These government projects will help countries to take advantage of modern science.
Iraqi Dr. Kurid Khalid Mehmud said
It is necessary to prioritize training programs for young scientists. We are confident that this international event will not only help bring scientific interests to young scholars in very important areas such as medical research, but will also promote productive links between scientists across national boundaries. Professor Muhammad Iqbal Choudhary, director of the Center for International Chemistry and Biological Sciences at KU, talked about the role of this center in scientific research and education.
Dr Nadira Panjwani of Dr. Panjwani Memorial Trust said that the KU's Panjwani Center has greatly influenced the poor and has launched several scientific programs to find treatments for diseases that are often neglected. The main goal of the center is to produce highly qualified personnel in emerging molecular medicine and drug development," she added.
It added that 150 young researchers were enrolled in the Center's MPhil and PhD programs. Aziz Latif Jamal, President of the Hussein Ebrahim Jamal Foundation, said that organizing such a famous scientific event was very important because it could connect the scientific community of Pakistan with other parts of the world and show the scientific research carried out in Pakistan.
French scholar George Massiot, Greek scientist Ioannis P. Gerothanassis and German Bertram Flehmig also spoke.
After closing the deficit for two weeks
The KSE-100 index rebounded in the closing week with a gain of over 34,000 levels from 34,378 points, up 720 points (2.14%). A positive sentiment was triggered by a drop in yield on fixed investment securities. Over the week, yields on Pakistani investment bonds (PIBs) fell within the 90-115 basis point range.
Investors this week paid attention as investors expressed concern over the political uncertainty caused by opposition Azadi March demanding the prime minister's resignation. The feelings weakened further as traders went on strike for two days.
According to data released by the Pakistan Statistical Bureau, cement stocks have attracted attention after the government postponed its axle load policy for a year, after a slight rise in prices in the northern region. Taking advantage of cement stocks such as the Maple Leaf Cement Plant, Cherat Cement Company, D. G. Khan Cement (DGKC) and Pioneer Cement, investors rose from 12pc to 24pc as investors expected an initial rate cut following a downward trend in PIB yield.
The sentiment has been inflated since traders canceled the strike after the government agreed to the request for a week and the standing board announced an impressive number of taxes in October. The investor's decision was also determined by the International Monetary Fund's (IMF) continually reviewing quarterly performance.
In this regard
The government has asked the team to relax its annual Rs5.5 trillion tax target of 300 billion rupees based on a larger than expected recession. In addition, the financial adviser Dr. Hafiz Sheikh approved a fixed power rate of Rs11.97 / kWh for four months from November 1. Foreign investors sold $ 3.1 million a week compared to net buying of $ 2.9 million last week.
A major outflow was seen at exploration and production at $ 2.06m and fabric $ 1.34m. Local purchases amount to $ 5 million and mutual funds total 2,79m. The insurance company net sold the stock worth $ 2.19m.
In the future, the market is expected to remain hostage for government opposition confrontation and peaceful conclusions. But traders and analysts said improving the macroeconomic position would help advance the market, especially with the increase in net net inflows from the finance department ($ 44 million annually).
The stability of fixed income returns or further declines. In the coming monetary policy, the State Bank of Pakistan could cut interest rates. The market was also convinced that the first quarter review with the IMF team would result in a $ 245 million spending.
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