“OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” chairman of the board Bret Taylor said in a statement posted by the company on Musk-owned X, formerly Twitter. “Any potential reorganization of OpenAI will strengthen our nonprofit and its mission to ensure AGI (artificial general […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 279.75 and Rs 281.25, respectively. The price of the Euro increased by 91 paise to close at Rs292.26 against the last day’s closing of Rs291.09, according to the State Bank of […]
According to the PBS data, the SPI for the week under review in the above-mentioned group was recorded at 318.26 points as compared to 318.38 points during the past week. As compared to the corresponding week of last year, the SPI for the combined consumption group in the week under review witnessed an increase of […]
US smokers have been swapping out brands such as Altria’s Marlboro and British American Tobacco’s Newport, which have been raising prices for years, for less expensive brands as high inflation and interest rates stretch their wallets. BAT’s US cigarette volumes fell 10.1% last year in part due to this shift, it reported on Thursday, while […]
As per details, the government has separated tax policy formulation from tax collection to enhance transparency and efficiency. Under the new law, FBR will now focus solely on tax collection and implementation rather than policymaking. The new Tax Policy Office will report directly to the Finance and Revenue Minister and will be responsible for developing […]
That report tells us that farming contributes almost 23% (22.9% to be exact) to our overall economy (GDP), and even more importantly, it’s the source of livelihood for nearly 4 out of 10 (37.4%) working Pakistanis. However, notwithstanding this demonstrable importance, Pakistan consistently faces shortages of vital agricultural commodities. This means we’re falling short on […]
As per details, the Planning Commission approved new development projects and issued a scorecard that will limit the PSDP for the next fiscal year. The PSDP will include priority projects, and only 10% of new development projects will be allowed in the next fiscal year. The Planning Commission has also issued guidelines based on the […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,499. Additionally, the price for an ounce of gold is SAR 10,885. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded […]
The selling rate of the Riyal also remained constant as it is being sold for Rs74.75 on the last day of the ongoing business week. The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi […]
Sri Lanka’s Board of Investment (BOI) said it received a two-page letter dated Wednesday from Adani Green Energy Limited saying it had decided to “respectfully withdraw” from the project. A BOI official told AFP the government was yet to respond to the letter while a spokesman for Adani said the firm would make a public […]
