Pakistan launched PAKSAT MM-1, its second communication satellite, on Thursday to strengthen its digital communication infrastructure. The Xichang Satellite Launch Center (XSLC) in China sent the satellite into orbit, and it is scheduled to land at the height of 36,000 kilometres above Earth. The five-ton satellite has the newest communication technology installed. According to Suparco, […]
The United States has expressed interest in providing loan financing for the multibillion-dollar Reko Diq gold and mining project. This might be Washington’s first significant investment in Pakistan in many years. According to government and diplomatic sources, the US government’s sovereign export credit agency, the Export-Import (Exim) Bank of the United States, was eager to […]
The government has halted the demolition of the boards of eight power distribution corporations, putting a stop to Prime Minister Shehbaz Sharif’s plan to remove political control from these boards due to opposition from several sources. Days after the prime minister said that the boards should be fired for “alarming indicators of bad governance and […]
There is still uncertainty in official circles around the prime minister’s decision to outsource the planning when the new International Monetary Fund (IMF) program script has already been finalized, even as the UK government begins encouraging Pakistan to create a “home-grown” economic plan. Members of the PM’s committee on the domestic economic growth plan and […]
Adidas plans to liquidate its $1 billion worth of leftover YEEZY shoe stock after breaking up with Kanye West in 2022 over remarks he made that were considered antisemitic. Adidas has secretly and sporadically delivered sold-out drops of YEEZY sneakers throughout the past year. YEEZY sneakers continue to be well-liked despite the controversy, especially in […]
Three years after the Taliban reclaimed control in Afghanistan, Russia will take them off a list of terrorist organizations that are prohibited from operating, the state-run RIA Novosti news agency announced on Monday. Despite UN sanctions, Moscow has been fostering relations with the Taliban for years, holding several rounds of negotiations and increasing trade with […]
High-profile friends of Anant Ambani and his fiancée Radhika Merchant are traveling to Europe to join the couple for their second pre-wedding celebration, which will take place on a cruise. The pre-wedding celebration in March and the private event in April, which was hosted by Anant’s millionaire parents, Mukesh and Nita Ambani, came before the […]
As part of its efforts to lift the ban on the Islamist movement, Russia has extended an invitation to the Taliban in Afghanistan to attend its largest yearly economic conference, a senior Russian official was cited as saying on Monday. Although the Taliban is still officially banned in Russia, relations between the two groups have […]
In a statement, the spokesperson said the utility stores announced a reduction of Rs18 per kg in the price of subsidized ghee for registered families under the Benazir Income Support Program (BISP). The ghee for BISP beneficiaries will now be available at Rs375 per kilogram, down from Rs393 per kg. Meanwhile, general consumers will also […]
During July-April 2023-24, as many as 941,406 motorbikes and three-wheelers were sold against the sale of 1,006,839 units in July-April (2022-23), according to the Pakistan Automobile Manufacturing Association (PAMA). The sale of Honda motorcycles dipped by 2.78 percent from 843,219 units to 819,752 units whereas the sale of Suzuki motorcycles witnessed a decrease of 51.55 […]
