The National Savings has set an annual target of Rs 1.742 trillion for the year 2023-24, it is encouraging that 85 percent of the target has been achieved, and it is hoped that National Savings will surpass its annual target this FY 2023-24, the senior official of CDNS told APP on Monday. The CDNS surpassed […]
China has taken an insurmountable lead and now produces twice as many EVs as the US and the EU combined. Unable to compete, President Biden recently quadrupled tariffs on Chinese-made EVs to 100%. Similarly, the EU is deliberating levying 30-50% countervailing duties on Chinese EVs. However, unlike the US, the EU is observing due process […]
According to sources, the Ministry of IT has been allocated Rs 27.43 billion in the development budget, with Rs 6.28 billion for 15 new projects. The government has also proposed allocating Rs 21.15 billion for ongoing projects and Rs 3.5 billion for the Digital Economy initiative. Other notable allocations include Rs 1 billion for innovation […]
Brent crude futures gained 28 cents, or 0.4%, to $79.90 a barrel by 0427 GMT, and U.S. West Texas Intermediate crude futures were up 0.3%, or 26 cents, at $75.79 a barrel. On Friday, data showed the U.S. added more jobs than expected last month, leading investors to trim expectations for rate cuts, which helped […]
The Games Showcase comes at a crucial time for Xbox and Microsoft as the gaming industry faces a downturn and publishers grapple with softer sales, layoffs, and studio shutdowns. Microsoft showed off three gaming consoles including a disc-less version of the Xbox Series X and S consoles and a special edition of the Series X […]
Aviation Division and Pakistan Civil Aviation Authority (PCAA) officials briefed the foreign experts about the installation of the e-gates at Karachi, Islamabad, and Lahore airports. The installation of E-gates will eliminate the hassle of travelers as they don’t need to wait in queue to get boarding passes and can obtain their boarding cards through the […]
The projects include 32 ongoing and 30 new initiatives, with a focus on improving healthcare facilities across the country. Sources claimed that Rs5.56 billion has been allocated for ongoing projects, while Rs3.35 billion has been earmarked for new projects. The ministry has also proposed allocating Rs200 million for the construction of four basic health units […]
According to market experts, the interest rate in Pakistan is likely to decrease by two percent due to the recent decline in inflation. The State Bank of Pakistan’s Monetary Policy Committee will be held today, after which the new policy will be announced. Currently, the interest rate across the country stands at 22 percent. However, […]
The chief minister issued the directives while taking notice of the death of a scavenger boy, who a private security guard in North Karachi gunned down. Sindh CM has ordered the authorities to arrest the culprit immediately and submit a report to him. He also expressed his sorrow and showed sympathy to the family members […]
Noa Argamani (25), Almog Meir Jan (21), Andrey Kozlov (27), and Shlomi Ziv (40), were kidnapped by the Hamas from the Nova music festival on October 7, the military said in a statement, adding the four were in good medical condition. The hostages were rescued from two separate locations in the heart of Nuseirat in […]
