Although drones are already considered essential tools in many industries, their short flight times sometimes restrict their usefulness. Scientists are working hard to design drones that can fly continuously in order to overcome this obstacle. China’s Beihang University researchers have achieved major progress in this area by developing a solar-powered drone that could fly for an extended period of time. Under the direction of Mingjing Qi, the group has created an innovative circuit that effectively increases the voltage produced by solar panels. The successful integration of this cutting-edge technology into a small drone prototype represents a significant advancement toward the…
Author: Mawadat Fatima
The Benazir Income Support Program (BISP) is a targeted power subsidy program that the federal government is developing for implementation in low-income families. The Federal Cabinet is now considering this proposal, which would replace a general, unfocused subsidy with one that would just help poor power users, according to Business Recorder. A plan to identify and support eligible families has been created by the Power Division in partnership with BISP. Using predetermined criteria, BISP will use its National Socio-Economic Registry (NSER) database to identify possible recipients. This procedure entails counting the quantity of subsidies that will be given out and…
The disputed sales tax SRO 350(I)/2024 is no longer applicable, which presents issues for registered taxpayers completing their sales tax returns. This decision was made by the Lahore High Court (LHC). Additionally, the Federal Board of Revenue (FBR) has been instructed by the LHC to receive sales tax returns from taxpayers. According to the LHC ruling in Shahzad Textile Mills v. Federation of Pakistan, the petitioners’ attorney argues that section 50 of the Sales Tax Act, 1990 does not permit the Board to issue the contested notification S.R.O. 350(1)/2024 because it only grants the Board the authority to make rules by…
The government imported mobile phones worth $1.898 billion for the fiscal year 2023-24, indicating a gain of 233 percent when compared to $570.071 million during the fiscal year 2022-23. In terms of rupees, the nation imported mobile phones worth Rs. 535.690 billion in fiscal year 2023–24, a 291.45 percent increase over the previous year’s total of Rs. 136.847 billion. According to statistics issued by the Pakistan Bureau of Statistics (PBS), mobile phone imports into Pakistan rose by 76.77 percent on a month-over-month (MoM) basis in June 2024, totaling $278.574 million, as opposed to imports of $157.592 million in May 2024. In…
Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. CURRENCY SELLING BUYING USD 281.34 275.22 GBP 363.53 355.61 EUR 306.44 …
Pakistan’s automobile sector is going through a transitional period that is being marked by changes in customer tastes, legislative reforms, and technological improvements. Comprehending the most recent automotive trends in Pakistan is vital for all parties involved, such as producers, retailers, and buyers. Overview of Pakistan’s Automotive Industry Over the past few years, Pakistan’s automotive sector has experienced substantial expansion, fueled by both favorable government regulations and an increase in car demand. A vast variety of vehicles are included in this industry, such as tractors, motorbikes, passenger cars, and commercial vehicles. Notable participants in the industry comprise Suzuki, Toyota, Honda,…
The economic landscape of nations is significantly shaped by international trade agreements, and Pakistan is no illustration. These agreements, which include a range of bilateral and multilateral contracts, have a significant impact on the economy of Pakistan. We can comprehend the economic effects of these trade agreements and their consequences for Pakistan’s progress and advancement by examining their internal workings. In recent years, there has been a fierce discussion about protectionism vs free trade. The emerging nations are gaining market share at the expense of the developed countries. While protectionists worry that unequally distributed earnings and losses would cause considerable…
For the next 24 hours, the local meteorological agency predicts dry to partly cloudy conditions with a risk of light rain for the city. In the Bahawalpur area, the observed wind speed was six kilometers per hour, and the air humidity was seventy percent. Over the past 24 hours, temperatures have been recorded at 39 degrees Celsius for the greatest maximum and 32 degrees Celsius for the lowest. The remaining portion of the region is expected to see dry to partly overcast weather with a risk of light showers.
Congresswoman Sheila Jackson Lee passed away on Saturday, and Prime Minister Muhammad Shehbaz Sharif expressed his profound sadness and loss for her. The prime minister posted on his X timeline, “As Co-Chair of the Pakistan Caucus in the U.S. House of Representatives, she was a champion for stronger ties between Pakistan and the United States.” For many years to come, her efforts will be missed and remembered. I hope her soul finds peace. My sincere sympathies to her family and all of her supporters,” he continued.
ISLAMABAD: In order to improve the Karachi Port and spur economic activity, Abu Dhabi will contribute $250 million over the course of ten years. The CEO of Abu Dhabi Ports Pakistan, Khurram Aziz Khan, visited with Prime Minister Shehbaz Sharif on Friday and told him that the corporation will be investing $250 million in the port over the next ten years, according to the PM Office. The CEO of the firm stated, accompanied by a delegation, that a fully functional multifunctional terminal will be finished in two years at a cost of $130 million. Cargo ships with a maximum capacity…
