Author: Iqra Khan

Islamabad, Aug 8: The National Productivity Organization (NPO) is going to organize a webinar on “Sustainable Industrial Automation Techniques” on August 21. Industrial automation involves utilizing advanced technologies like computers or robots, and information systems to control and manage various industrial processes and machinery, thereby reducing the need for human intervention, according to an NPO document shared here on Thursday. The webinar aimed to improve production by increasing efficiency, productivity, and quality, while reducing costs and environmental impact, by automating repetitive tasks and minimizing human intervention, thus helping to combat climate change. The workshop provides information about industrial automation, industrial…

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Islamabad, Aug 8: Ministry of Overseas Pakistanis and Human Resource Development has set up a Pakistani-German Facilitation & Reintegration Centre (PGFRC) in Lahore with an advisory desk at Overseas Pakistani’s Foundation (OPF) here at head office. An official source told Media here on Thursday, the objective was to facilitate the returning Overseas Pakistanis in terms of their skill development in Pakistan’s social and economic fabric for gainful employment.It is being implemented in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and supported by German Federal Ministry for Economic Cooperation and Development (BMZ). The Memorandum of Understanding (MoU) between Deutsche…

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Islamabad, Aug 8: UK-based Hydrogen Vehicle With its ultralightweight (only 620 kg) and impressive 400-mile range, Riversimple’s hydrogen-powered supercar is leading the way in a new era of automobile design. Pushing The Boundaries of Design and Efficiency Riversimple’s supercar, which is presently in development, is expected to go against the accepted conventions surrounding vehicle weight and efficiency. It attempts to solve what Riversimple refers to as the automobile industry’s “crisis of vehicle weight.” The vehicle will use a tiny 29kW fuel cell to power it to a top speed of 160 km/h and accelerate from 0 to 100 km/h in…

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Islamabad, Aug 8: Dell Technologies is reorganizing its marketing and sales departments, which will lead to layoffs. The precise number of workers impacted is not yet known. As part of this restructuring, a new team focused on artificial intelligence (AI) services is being established, according to Bloomberg. According to early reports, a company-wide layoff of about 12,500 workers, or about 10% of Dell’s global workforce, was scheduled to start on Tuesday. These numbers, however, might be overstated as they have not been formally verified.Chief Analyst at CUBE Research Dave Vellante expressed suspicion about the veracity of the stated figure, pointing…

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Islamabad, Aug 8: In order to improve BISP beneficiaries’ chances of finding employment overseas, the Ministry of Overseas Pakistanis and Human Resource Development and the Benazir Income Support Program (BISP) have partnered to provide top-notch skill training. Beneficiaries and their families will benefit from this effort by gaining internationally recognized certificates that will increase their employment prospects both in Pakistan and abroad.The development of top-notch training programs for beneficiaries and their families was decided upon in a meeting held on Wednesday between BISP Chairperson Rubina Khalid and Federal Minister Chaudhry Salik Hussain, who oversees Overseas Pakistanis and Human Resource Development.…

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Islamabad, Aug 8: A handset bearing the model number SM-S721U and labelled “Samsung Galaxy S24 FE” was unintentionally listed by UK mobile carrier EE in April. Later on, Samsung France verified that the Fan Edition smartphone would soon be released by creating a support page for the SM-S721B model. Since “U” usually refers to US versions and “B” to European models, the EE listing is thought to be inaccurate. Moreover, a Geekbench benchmark utilizing the SM-S721B model number indicates that the gadget is using an Exynos 2400 chipset together with 8 GB of RAM. Interestingly, the Galaxy S24 and S24+…

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Islamabad, Aug 8: Due to regulatory violations, the Pakistan Stock Exchange has stopped trading in the shares of seven different companies.According to the major exchange, trading in the firms’ shares will be suspended until the reason(s) for the suspension have been addressed, or until August 8, 2024, if another 60-day term is implemented.

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Islamabad, Aug 8: Teams from the Lahore Development Authority (LDA) are still working to stop unlicensed business use, unlawful building, and commercial fee defaulters. Due to non-payment of commercial rates, LDA officials shut 25 properties on Wednesday in Blocks A, B, C, G, E, F, M, and the Gulshan Ravi Civic Center. Town Planning Zone II sealed 22 homes in different Mustafa Town and Allama Iqbal Town blocks as part of another operation. Millions of rupees in unpaid commercialization fees were owed by these properties, which include private schools, marriage halls, offices, pharmacies, academies, shops, and clinics. Director Town Planning…

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Islamabad, Aug 8: Pakistan Standard Time tonight at 11:25 PM, the men’s javelin throw medal round at the Paris Olympics 2024 will begin. The country is excited about Arshad Nadeem’s chances of winning a gold medal. With a stunning throw of 86.59 meters in the qualifying round, Nadeem ignited hopes across the country and won his spot in the final. Nadeem will have to contend with a formidable field of opponents, thus his performance will be closely watched. Neeraj Chopra, an Olympic gold medallist from India and a formidable competitor who is well-known in javelin sports, is one of his…

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Islamabad, Aug 8: According to Jameel Ahmad, the governor of the State Bank of Pakistan (SBP), Pakistan has $26.2 billion in outstanding debt as of the end of FY25. Friendly nations will transfer over $16 billion, with $10 billion remaining to be reimbursed by June 30 of the following year. $1.5 billion was paid by the central bank last month, leaving $8.5 billion for the fiscal year to go. SBP paid $12.5 billion in FY24, although the nation owed $130 billion in foreign debt. At a meeting of the National Assembly Standing Committee on Finance and Revenue, which was presided…

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