ISLAMABAD, JULY 18: The Suzuki Motor Corporation revealed its intention to give priority to tiny batteries and lightweight body structures for its vehicles including electric models across a range of markets. Compact and lightweight vehicles greatly lower CO2 emissions during use and production, the Japanese automaker noted, contributing to resource conservation and CO2 reduction. Suzuki’s technology roadmap for the next ten years includes this tactic. The Suzuki Motor Corporation revealed its intention to give priority to tiny batteries and lightweight body structures for its vehicles including electric models across a range of markets. Compact and lightweight vehicles greatly lower CO2…
Author: Iqra Khan
ISLAMABAD, JULY 18: The Women’s Asia Cup, in its ninth edition, is scheduled to go off in Sri Lanka in 2024. The tournament will include of 15 matches between complete member teams from Bangladesh, India, Pakistan, and Sri Lanka, as well as Malaysia, the United Arab Emirates, Thailand, and Nepal. The fact that the competition is a warm-up to the T20 World Cup, which will be held in Bangladesh later this year, gives it even more relevance. India, the reigning champs, will play Pakistan in the tournament’s second match tomorrow. Two groups are formed from the teams: Group A: UAE,…
ISLAMABAD, JULY 18: According to the Pakistan Meteorological Department, Karachi saw the hottest night of July for the second time this month on Tuesday night (PMD). At least 32 degrees Celsius were attained, which matched the record established on July 1 for the hottest evening temperature ever recorded in July in the city.The average July temperature in Karachi is 27.9 degrees Celsius, therefore the recent evenings have been 4.1 degrees warmer than normal. The incomplete return of sea breezes was the reason given by the PMD for the extended heatwave. The heat has also become more intense due to high…
ISLAMABAD, JULY 18: Following the successful implementation of ExoSphere technology, Barrick Gold Corporation has begun hiring for the Reko Diq copper-gold mine in Balochistan. The organization is looking for highly qualified individuals to join the mining project development team in Balochistan.The Tethyan Magmatic Arc, which includes Reko Diq, is well-known for having large amounts of copper-gold ore. The Reko Diq project, whose production is scheduled to start in 2028, is anticipated to have a significant impact on Pakistan’s economy. It claims to boost economic growth in the province of Balochistan, draw funding for development initiatives, and generate a large number…
ISLAMABAD, JULY 18: Space missions are expected to begin in the third quarter of 2025, and the United Arab Emirates (UAE) plans to establish its space tourism sector the following year. The first voyage will cost Rs45.5 million (Dh600,000 in the UAE). Flights from Abu Dhabi and Spain will be part of this program, which is being led by the European space business EOS-X Space. The Spaceship One human capsule development is almost finished, according to Kemel Kharbachi, founder and CEO of EOS-X Space. Important validation tests involving military pilots will shortly be carried out in association with the esteemed…
ISLAMABAD, JULY 18: Due to an increase in the Federal Excise Duty (FED) rates on cigarettes during the most recent fiscal year, the total gain in FED collection for 2023–24 was 56.1 percent. Data from the FBR for 2023–24 shows that the agency collected Rs. 9,311 billion, or 100% of the objective, while also meeting its goal of Rs. 9,252 billion. An analysis of tax trends showed that between 2023 and 2024, sales tax increased by 19.5%, FED increased by 56.1 percent, direct taxes increased by 36.5 percent, and customs duties increased by 30 percent. Revenue from income taxes increased…
ISLAMABAD, JULY17: Pakistani fans remembered legendary comedian Albela on the occasion of his 20th death anniversary on Wednesday.Born on Sept 21, 1940, in Gojra, Toba Tek Singh, Albela’s real name was Akhtar Hussain. Starting his career with theater plays, he made a powerful pair with another legend Amanullah and ruled the theater for over a decade. Both Albela and Amanullah were considered pioneers of Punjabi theater.Albela had a long film, TV and theater career as a comedian. His first film ‘Rishtay’ was released in 1963. Albela featured in many movies including Wardatia Badnam, Yaar Maar, Ishq Nachawe Gali Gali, Allah…
ISLAMABAD, JULY17: Chief Minister Syed Murad Alli Shah said on Wednesday that Sindh government was constructing 2.1 million houses for flood-affected people, from which 1.5 million have been completed so far and 600,000 are under construction. Talking to Media the CM said that he was trying to complete the largest housing project for flood-affected people by December 2025.
ISLAMABAD, JULY17: For the upcoming fiscal year, the Department of Excise, Taxation, and Narcotics Control has raised the rates on real estate taxes. Each and every taxpayer in the Rawalpindi Division has received a tax notification. Two discount options are available from the department: a 5% discount for lump sum payments submitted within three months, and a 7% discount for online filing. By July 10, all taxpayers with residential and commercial property will receive their tax notices. The last stages of the preparation process are now underway. A severe warning that defaulters will incur heavy fines will be included in…
ISLAMABAD, JULY17: Iftikhar Ali Malik, the former president of the SAARC Chamber of Commerce and Industry, stated on Tuesday that Pakistan can easily earn billions of dollars in foreign exchange by properly utilising its estimated $6 trillion dollar natural riches. Speaking to a group of businessmen headed by Taimur Ali here, he claimed that this enormous wealth has the power to completely change the nation’s economic structure if it were properly managed. The mining industry in Pakistan is still underdeveloped and makes up a very minor portion of the country’s GDP. It will take the implementation of numerous strategic actions…
