Islamabad, Sep 19: The Ministry of Energy has established a new government plan to offer Rs. 487 billion in subsidies for power sector consumers. The Benazir Income Support Program (BISP) data will be utilized to select the beneficiaries of the subsidy, which will be integrated with the social protection program. The International Monetary Fund has already warned against removing any subsidies in order to facilitate the release of cash under the newly approved $7 billion bailout program. According to the paper, lifeline customers will get a special Rs. 20 billion subsidy. Subsidies worth an estimated Rs. 380 billion would be…
Author: Iqra Khan
Islamabad, Sep 19: An early look at Xiaomi’s upcoming Redmi Note 14 Pro series has been made available. The series is scheduled to ship in China the following week. Images of the Note 14 Pro+ in a stunning Mirror Porcelain White finish, highlighting the device’s main design features, have been released by the company. A curved display with a punch-hole camera cutout is a feature of the Note 14 Pro+ that has grown in popularity among mid-range smartphones. A huge, ellipse-shaped camera island dominates the back. Three camera lenses and an LED flash are covered by a glass element that…
Islamabad, Sep 19: The 2024 ISC2 Global Achievement Awards winners have been revealed by ICS2, a prominent cybersecurity professional member association. These awards are meant to honor cybersecurity professionals’ contributions while also bringing attention to their work. Ameen Sharif, a Pakistani national with 25 years of business expertise, is among the members who received awards. He is the CEO and Principal Consultant of ITnIS Consulting. His contributions to information technology, cybersecurity, and information security are well-known. His credentials include ISO27001 Lead Implementer/Auditor, CISSP, CISA, CRISC, CDPSE, CDPO, CPTP, CEH, and ISO27001 Lead Implementer/Auditor. He is also a member of the…
Islamabad, Sep 19: Muhammad Zohaib Khan, the chairman of the Pakistan Software Houses Association (P@SHA), has informed the IT sector nationwide that a new 10-member central executive committee (CEC) has been elected for the 2024–2026 term. The current CEC’s term ends on September 30, 2024. The results were declared by P@SHA Secretary General Nadeem Malik following vote tallying in Islamabad, Lahore, and Karachi; the election for the office bearers of the highest IT body is scheduled for September 23, 2024. On October 1st, 2024, the new office bearers and CEC of P@SHA would assume leadership, he continued. The outgoing chairman,…
Islamabad, Sep 19: A new health insurance plan that covers officers and their families for medical expenses has been authorized by the government of Sindh. The Finance Department is anticipated to release cash for the initiative shortly after the Sindh Cabinet’s decision. Inspector General (IG) Sindh Ghulam Nabi Memon chaired a meeting at the Central Police Office where the plan was reviewed. DIG Finance told attendees at the briefing that the chosen insurance firm would provide health cards to all police officers. In order to guarantee adequate coverage, NADRA support will also help validate police officers’ family information. Officers and…
Islamabad, Sep 19: The Pakistan Cricket Board (PCB) will release the schedule for the much anticipated three-match Test series against England. A cloud hangs over the forthcoming matches as questions about England’s captain, Ben Stokes, remain as excitement for this high-stakes series grows. Ben Stokes has been included in England’s 17-man squad for the tour of Pakistan, despite suffering a hamstring strain in early August. Stokes is not totally fit despite being included, and he will have a scan next week to see if he can play in the opening Test, which is set to start on October 7. The…
Islamabad, Sep 19: Significant anomalies in the Contributory Provident Fund (CPF) of the Pakistan Telecommunication Authority (PTA) were discovered in a recent audit report, raising questions about how employee benefits are managed. The purpose of the CPF is to give PTA personnel financial stability upon retirement. The Auditor General of Pakistan’s audit revealed irregularities in the CPF’s management. The PTA Employees Service Regulations (ESR) 2004 state that employees must match the CPF’s five percent basic pay contribution with an equal contribution from the PTA. Nevertheless, the audit discovered that the PTA neglected to turn over to the Public Account or…
Islamabad, Sep 19: An earlier decision against Qualcomm, which found the tech giant guilty of exploitative pricing practices, was affirmed by the General Court of the European Union. The original fine of €242 million was, however, somewhat lowered by the court to €238.7 million. The contract between Qualcomm and British software company Icera, which is currently an Nvidia subsidiary, lies at the heart of this dispute. Qualcomm is accused of selling chips below cost between 2009 and 2011, a tactic frequently used to keep other companies out of possible agreements. Qualcomm has filed many challenges challenging the ruling. One of…
Islamabad, Sep 19: The Interior Minister Mohsin Naqvi’s instructions have resulted in the clearance of the backlog of passport issue throughout Pakistan, according to the Passport and Immigration Directorate. Major cities have caught up with the delayed applications, according to officials. While 83,000 petitions were completed in Karachi, over 14,600 pending cases in Islamabad were resolved.30,800 passports were processed at the Garden Town office in Lahore; 4,800 of those cases were cleared in Raiwind, and another 11,400 in Shadman. Significant advancements were also made in other cities, including as Quetta, Rawalpindi, and Peshawar, which cleared 7,200, 18,400, and 23,100 cases,…
Islamabad, Sep 19: A further Rs. 196 billion ($664 million) has been asked by the Economic Affairs Division in order to address rupee cover for the effective use of projects funded by foreign governments. The Division reported to the National Assembly Standing Committee on Economic Affairs in a written briefing on the rupee cover issue that the Division shared at the Public Sector Development Program (PSDP) annual review meeting on September 11, 2024, along with its additional requirements of Rs. 196 billion ($664 million). Secretary EAD Kazim Niaz briefed the committee, stating that the government has set aside Rs. 350…
