To resolve regulatory overlap in automotive environmental, safety, and quality standards, a ministry proposal has urged the Economic Coordination Committee (ECC) to align past decisions with the statutory mandate of the Pakistan Standards and Quality Control Authority (PSQCA) under the PSQCA Act 1996 and Rules of Business 1973. The ministry requested the ECC to issue the following corrective...
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by furqanBEIJING: Property investment in China dropped 19.9% in the first eight months from the same period last year, compared with the 19.2% fall in January-July, official data showed on Tuesday. Property sales by floor area declined 12.1% after a 11.8% drop in the first seven months. New construction starts measured by floor area tumbled 24.8%, versus a 24.0% plunge in the January-to-July...
According to details from its confidential SEC IPO prospectus filed in June, AI laboratory Anthropic has committed to a massive $518 billion infrastructure buildout. Approximately 80% of these financial obligations are non-cancelable or require full payment regardless of actual usage, underscoring the company's core strategy: securing raw computing power, which it views as the primary constraint on...
PSW Partners with NADRA PakID App to Enable Remote Biometric Verification The Pakistan Single Window (PSW) has integrated its digital platform with NADRA’s PakID Mobile App, enabling traders and business owners to complete mandatory biometric verification directly through their smartphones. This integration allows users to complete biometric authentication for new subscriptions, account renewals,...
Govt Unveils Plan for 100-Acre Mariculture Investment & Development Estate at Korangi Harbour Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, has unveiled a comprehensive plan to build a 100-acre Mariculture Investment and Development Estate (MIDE) at the Korangi Fisheries Harbour Authority (KoFHA). Designed as an integrated hub, the proposed estate will consolidate...
A humanoid robot created by Chinese tech firm Honor sprinted 100 meters in just 9.32 seconds, outpacing the human world record held by Usain Bolt, according to state media reports on Saturday. Named "Lightning," the robot hit a top speed of 14.5 meters per second in a test run leading up to the second World Humanoid Robot Games in Beijing. The achievement eclipses Bolt's legendary 9.58-second men's...
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal stated that Pakistan’s economy has reached greater stability, emphasizing that the next milestone is converting this macroeconomic baseline into long-term growth through the URAAN Pakistan initiative. While releasing the Monthly Development Update for August, the minister highlighted that the report reflects the...
Under the daily petroleum pricing model, the federal government has announced a significant reduction in high-speed diesel (HSD) prices alongside a slight increase in petrol rates. Updated Fuel Rates High-Speed Diesel (HSD): Rs 363.06 per litre (decreased by Rs 32.63) Petrol: Rs 337.51 per litre (increased by Rs 2.97) Government & Industry Coordination Refinery Agreement: Petroleum...
The Pakistan Telecommunication Authority (PTA) has partnered with Google LLC through a Memorandum of Understanding (MoU) to launch a nationwide initiative promoting child online safety, digital literacy, and responsible internet use. Program Highlights Resource & Capacity Building: Equipping parents, teachers, and caregivers with practical tools and training to help children navigate the...
Millions Across UK and Europe Witness Most Dramatic Solar Eclipse in Nearly 30 Years Skygazers across Europe were treated to a breathtaking celestial spectacle as a once-in-a-generation solar eclipse swept across the region, captivating millions of onlookers with an unforgettable view of the cosmos. Key Highlights Enthusiastic Public Reaction: Spectators at viewing locations reacted with...