Islamabad, Apr 10, 2025: The International Finance Corporation (IFC), a branch of the World Bank that handles private sector investments, has agreed to provide $300 million in loan funding for the Reko Diq copper-gold mining project in Pakistan, as reported by Reuters. This announcement was made public by the IFC in a brief statement on Wednesday. Situated in Balochistan’s Chagai District, Reko Diq hosts one of the globe’s most substantial copper and gold reserves. Barrick Gold owns a 50% share in the project, while the remaining half is jointly owned by the governments of Pakistan and Balochistan. Read More: FTSE…
Author: Mawadat Fatima
Islamabad, Apr 10, 2025: The number of businesses and companies registered with the Federal Board of Revenue (FBR) has exceeded 12.5 million, according to the latest data presented in the National Assembly. This marks a remarkable increase of 5.3 million registered business taxpayers in just three years, highlighting a substantial rise in formal tax system participation. Punjab holds the largest share with 8.2 million businesses, followed by Sindh with 2.876 million. Read More: FBR Collects Rs. 242B Tax on Bank Interest Khyber Pakhtunkhwa has 818,000 registered entities, while Islamabad and Balochistan account for 467,000 and 221,000, respectively. Read More: FBR…
Islamabad, Apr 10, 2025: Alphabet introduced its seventh-generation AI chip, Ironwood, on Wednesday, designed to enhance the performance of AI applications. This new processor is tailored for handling data-intensive tasks when users interact with applications like OpenAI’s ChatGPT. Referred to as “inference” computing in the tech world, Ironwood performs high-speed calculations to generate responses, whether it’s in a chatbot or other AI-driven applications. The search giant’s multi-billion dollar, nearly decade-long project is one of the few serious competitors to Nvidia’s powerful AI chips. Read More: Pakistan Plans 5G Launch Nationwide Ahead of Spectrum Fee Collection Google’s Tensor Processing Units (TPUs),…
Islamabad, Apr 10, 2025: The Pakistan Meteorological Department (PMD) has released a comprehensive weather outlook, predicting significant rainfall in various parts of the country, particularly in the northern regions where intense showers are anticipated in the coming days. As per the official advisory, Islamabad and nearby areas are likely to experience partly cloudy skies, with chances of rainfall and occasional hailstorms at isolated spots. Residents in the federal capital should be prepared for changing weather patterns throughout the week. This rainfall forecast extends to several districts in Khyber Pakhtunkhwa, including Chitral, Dir, Swat, Malakand, Shangla, Kohistan, Battagram, Mansehra, Abbottabad, Buner,…
Islamabad, Apr 10, 2025: The National Database and Registration Authority (NADRA) has officially discontinued all identity card-related services operating at General Post Offices (GPOs) nationwide. NADRA ended its three-year collaboration with Pakistan Post, which it initially designed to provide easier access to CNIC services for the public. NADRA introduced this initiative to simplify the process of updating Computerized National Identity Cards, including changes in address, marital status, and renewals. However, due to minimal public response and insufficient promotional efforts, NADRA has instructed the immediate closure of all 83 service points—10 of which were located in Karachi alone. Read More: Pink…
Islamabad, Apr 10, 2025: The first full moon of spring, referred to as the Pink Moon, will grace the skies over Pakistan on Sunday, April 13. It promises a breathtaking spectacle for stargazers throughout the night. While the moon itself won’t actually appear pink, its name originates from pink wildflowers, known as phlox, which bloom in early spring. The full moon is expected to rise in Karachi at approximately 9:08 p.m. UTC and remain visible through the night, rising in the east at sunset and setting in the west by sunrise. The optimal time for observing the Pink Moon will…
Islamabad, Apr 10, 2025: Sui Southern Gas Company Limited (SSGC) has unveiled a revised gas supply timetable for Quetta to guarantee steady and high-pressure gas delivery throughout the summer. This new plan is designed to assist residents in efficiently managing their cooking and daily activities. As per the updated schedule, gas will be available from 5:00 AM to 10:00 PM daily, with a temporary suspension of supply between 10:00 PM and 5:00 AM. In other news, Mari Petroleum Company Limited (MPCL) has made a major oil and gas discovery at the Spinwam-1 Well, situated in the Karghar Formation of North…
Islamabad, Apr 10, 2025: U.S. immigration authorities revealed on Wednesday that they will begin assessing applicants’ social media activity and may deny visas or residency to individuals posting content deemed to be anti-Semitic under the current administration. Content that promotes or endorses groups labeled as terrorist organizations by the U.S., such as Hamas, Hezbollah, or the Houthi movement from Yemen, will be flagged as anti-Semitic. This policy shift comes after recent moves by the administration to revoke student visas—even for those already residing in the U.S.—despite the First Amendment’s protection of free speech. Kristi Noem, the Secretary of Homeland Security,…
Islamabad, Apr 10, 2025: Railways Minister Muhammad Hanif Abbasi revealed that the Punjab government has officially decided to revamp Lahore and Rawalpindi railway stations, bringing them up to global standards. Modernization Efforts and Upgraded Features Abbasi outlined that, as part of the modernization project, the government plans to introduce a host of modern amenities at both stations. These improvements will feature escalators, renovated washrooms, expanded waiting lounges, and other essential facilities aimed at enhancing passenger comfort. Consequently, the stations will be transformed into modernized spaces that meet international expectations. Focus on Enhancing the Railway System Abbasi further emphasized the government’s…
Islamabad, Apr 10, 2025: The Infinix GT 30 Pro has surfaced on Geekbench ahead of its official release, revealing essential details about the device. It was listed under the model number X6873, which was previously found in the IMEI database. The new listing confirms that the phone is powered by the MediaTek Dimensity 8350 chipset, paired with an impressive 12GB of RAM. Infinix GT 30 Pro (X6873) on Geekbench The Infinix GT 30 (X6873) appeared on Geekbench with excellent performance scores of 1,204 in single-core and 4,057 in multi-core tests. Read More: Realme Narzo 80 Pro 5G Launches with MediaTek…
