Islamabad, Nov 28: The Pakistan Stock Exchange (PSX) made history on Thursday by crossing the 100,000-point mark for the first time, driven by bullish investor sentiment. The KSE-100 index surged 790 points (0.8%) to reach 100,059 points, continuing the momentum from Wednesday’s rally. Key Highlights Historic Growth: A remarkable 150% return was recorded, with the index rising from 40,000 to 100,000 in just 17 months. Market Dynamics: Improved investor confidence due to an IMF loan, fiscal discipline, declining inflation, and falling interest rates contributed to the surge. Market Performance Active Shares: 121.27 million shares were traded, valued at Rs. 2.77…
Author: Mawadat Fatima
Islamabad, Nov 28: The Pakistan vs Zimbabwe ODI series reaches its thrilling conclusion today as the two sides face off in the third and final match at the Queens Sports Club, Bulawayo. With the series tied at 1-1, both teams are poised for an intense showdown that carries more than just bragging rights. Series Recap First ODI: Zimbabwe shocked Pakistan with a commanding win, setting the stage for a competitive series. Second ODI: Pakistan bounced back emphatically, delivering a comprehensive all-round performance to level the series. The final ODI offers Pakistan the chance to preserve their unbeaten bilateral series record…
Islamabad, Nov 28: Huawei has revealed the Mate 70 Pro+ and Mate 70 RS, the top-tier devices in its Mate 70 series, featuring premium build quality, enhanced performance, and cutting-edge technology. Design & Display Mate 70 Pro+: Features Brocade Fiber with gold threads and a titanium alloy frame, offering durability and a premium feel. It has a 6.9-inch LTPO OLED display with 120Hz refresh rate and 2,500 nits brightness. Mate 70 RS: Adds Basalt Kunlun Glass and dual-layer OLED technology, achieving an impressive 3,500 nits peak brightness. Protection: Both models have IP69 water and dust resistance. Performance & Software Powered…
Islamabad, Nov 28: United Bank Limited (PSX: UBL) has overtaken Meezan Bank Limited (PSX: MEBL) to become the most valuable bank in Pakistan, with a market capitalization of Rs. 426 billion ($1.5 billion), according to Topline Securities CEO Mohammed Sohail. Key Highlights: Market Ranking: UBL has risen to the third spot among listed firms on the Pakistan Stock Exchange (PSX), up from the eleventh position just 18 months ago. Exceptional Returns: Over the past 18 months, UBL has delivered a remarkable 400% return to investors, attributed to high dividends and strong management strategies. Leadership: This achievement underscores UBL’s focus on…
Islamabad, Nov 28: The Federal Board of Revenue (FBR) has made significant strides in broadening the tax base for the fiscal year 2023-24 through advanced technological integration and strategic initiatives. Key Achievements and Initiatives Real-time Data Integration: Machine-to-machine data integration established with NADRA and 28 other organizations. Real-time access to financial transaction data ensures improved monitoring and accountability. Technology-driven Insights: Revamped tools like the Maloomat Portal and Tax Ray Dashboard empower field formations to monitor and encourage compliance effectively. Dashboards provide continuous updates, aiding decision-making. Awareness Campaigns: Media campaigns and personalized SMS/WhatsApp nudges target high-profile unregistered individuals, encouraging them to…
Islamabad, Nov 28: Realme has launched the C75 in Vietnam, catering to users who prioritize durability and reliability in a budget-friendly smartphone. Design and Display Screen: 6.72-inch IPS LCD, 1080p resolution, 90Hz refresh rate for smooth visuals. Build: IP69-rated for water and dust resistance with ArmorShell Tempered Glass. Meets MIL-STD-810H military standards for durability. Colors: Available in Lightning Gold and Black Storm Night. Performance and Software Chipset: MediaTek Helio G92 Max ensures dependable performance for daily tasks. Software: Runs on Realme UI 5.0 (Android 14), featuring user-friendly enhancements. Camera Main Camera: 50MP primary sensor for sharp photos. Front Camera: 8MP…
Islamabad, Nov 28: The Samsung Galaxy S25 Ultra has been the subject of a new leak, offering insights into its design, features, and performance capabilities. Design Details Leaked Images: Highlight a flat design with slightly rounded corners. Bottom Features: Include a USB-C port, S-Pen slot, speaker, microphone, and SIM card tray. Display: The device runs One UI 7.0 based on Android 15, showcased in a charging notification screenshot. Performance Processor: Powered by the Snapdragon 8 Elite chipset. RAM: 12GB ensures seamless multitasking. Benchmarks: Geekbench 6 Scores: Single-core: 2,627 Multi-core: 9,404 Launch Timeline Expected January release for the Samsung Galaxy S25…
Islamabad, Nov 27: The government is expected to notify a 26 paise per unit increase in electricity tariffs for December due to a negative fuel cost adjustment (FCA) of Rs. 1.28 per unit. While the Central Power Purchasing Agency (CPPA) initially sought a Rs. 1.02 per unit negative FCA for October, the higher current FCA will lead to the tariff hike for December. Key Details: Impact on Domestic Users: The increase will not affect domestic users consuming up to 300 units per month. Adjustment Type: The monthly FCA accounts for fuel price variations, with additional costs included in the quarterly…
Islamabad, Nov 27: Huawei has unveiled the Mate X6, a significant upgrade from last year’s foldable model. This new device is designed with a super-thin unfolded profile of less than 5 mm and offers larger displays, updated cameras, and HarmonyOS Next pre-installed. Key Features: Displays: 7.93-inch foldable inner LTPO AMOLED screen with a 2,440 x 2,240 resolution, 120Hz adaptive refresh rate, 1,800 nits’ peak brightness, and support for over 1 billion colors. 6.45-inch outer LTPO OLED display with 1080p resolution and a peak brightness of 2,500 nits. Design: The device features Kunlun Glass protection on the outer display and an…
Islamabad, Nov 27: The UAE has officially launched its first regulated lottery, offering a grand prize of Dh100 million in the inaugural “Lucky Day” draw, set to take place on December 14. The lottery is operated by The Game LLC, and Abu Dhabi-based company licensed by the General Commercial Gaming Regulatory Authority (GCGRA) since July. Key Details: Grand Prize: Dh100 million Additional Prizes: Seven winners will receive Dh100,000 each through “Lucky Chance IDs”. Scratch Cards: Available with prizes up to Dh1 million. Eligibility: Open to UAE residents aged 18 and above. Tickets are now available for purchase on the official…
