Islamabad, Nov 7: Xiaomi Speeds Up SU7 Electric Car Production Amid Surge in Orders Xiaomi’s electric vehicle (EV) manufacturing facility is preparing to boost output in the final two months of 2024 to accommodate increasing demand. The SU7, which is Xiaomi’s inaugural EV model and was introduced in March, is now being manufactured at the company’s facility in Beijing. This factory currently has a production capacity of 150,000 units annually, and plans are in place to enhance this capacity. The facility reached 160% capacity in October, producing more than 20,000 units. Xiaomi plans to increase its monthly production to 24,000…
Author: Mawadat Fatima
Islamabad, Nov 7: Utility Stores Sugar Price Decrease Big Cut in Per Kg Price Announced The Utility Stores Corporation (USC) has revealed a significant decrease in sugar prices, reducing it by Rs13 per kilogram, which now sets the price at Rs140 per kg across all its locations. This prompt change provides much-needed relief for consumers as the prices of essential goods continue to rise. The decrease in price resulted from fruitful discussions between USC and sugar manufacturers, who accepted to reduce their selling price to USC by Rs17 per kg. The prior cost of sugar at utility stores was Rs153…
Islamabad, Nov 7: Saudi Arabia and UAE Invest $26.8M in Pakistan In the first quarter of current fiscal year, Pakistan’s foreign investment increased by 48%, demonstrating the country’s economic recovery. China made the largest investment of $404 million, followed by Hong Kong, the United Kingdom, and the United States, while Saudi Arabia and the United Arab Emirates invested a total of $26.8 million. The Special Investment Facilitation Council (SIFC), a special civil-military organization established in 2023 to expedite investment in important industries including mining, tourism, and agriculture, is responsible for this rise. The creation of the SIFC aimed to steady…
Islamabad, Nov 7: IMF Team to Arrive in Pakistan Next Week to Review Ongoing Program Before 2025 Evaluation The Pakistan Mission Chief Nathan Porter arriving in Pakistan next Monday November 11 to November 15 to discuss the progress of Pakistan in the EFF agreement. It will help evaluate recent economic changes and Islamabad’s fulfillment of the obligations under the $7 billion credit, agreed upon in September. Extensive discussions will take place with the finance minister, the Federal Board of Revenue, the State Bank of Pakistan, and other key ministries including Energy. Fiscal Revenue Budgeted in the FBR for the month of…
Islamabad, Nov 7: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with outgoing Japanese Ambassador to Pakistan Mr. Mitsuhira Wada who called on the Minister at Finance Division today. During the meeting, views on issues of mutual interest, particularly longstanding bilateral cooperation and shared values and perspectives on regional and global matters between Pakistan and Japan, were exchanged. Mr. Mitsuhira Wada who has completed his three-year tour of duty in Pakistan, reflected on a steady growth of bilateral economic and diplomatic relations since the two countries established their diplomatic relations in 1952. He also highlighted the…
Islamabad, Nov 7: The Pakistan Blind Cricket Team is putting in immense effort and dedication in their preparations for the fourth T20 Blind Cricket World Cup, which is taking place at the Uqab School Blind Cricket Academy in Mirpur, Azad Kashmir. The 21-man squad is in training regularly each day at practice sessions in all relevant facets of the cricketing games such as batting, bowling, fielding, and physical fitness. The committee consist of Masood Jan, Muhammad Jameel and Tahir Mehmood Butt. More so the Pakistan’s players are fully aware of the expectations of their people And will do all they…
Islamabad, Nov 7: The Infinix Hot 50 Pro+ is now the latest smartphone in the market with state of the art features and a very good performance and all these at an affordable price. Read more on this stunning gadget in the following review. Feature Specification Display 6.78-inch FHD+ AMOLED, 120Hz refresh rate Processor MediaTek Helio G99 RAM 8GB Internal Storage 256GB (Expandable via microSD) Rear Camera 108MP Primary Camera, 2MP Depth Sensor, Quad LED Flash Front Camera 16MP AI Selfie Camera Battery 5000mAh, 45W Fast Charging Operating System Android 13 with XOS 13 UI Network 4G LTE, Wi-Fi 802.11…
Islamabad, Nov 7; Sindh CM Syed Murad Ali Shah has released Rs 232.1 million for conducting the Medical and Dental College Entrance Test (MDCAT) in Sukkur afresh. As a result of a recent paper leak the credibility of the exam was recently compromised. The Chief Minister called for transparency in all examinations but more so in the MDCAT. Since the academic year 2017-18 MDCAT has been conducted every year in cities including Karachi, Hyderabad and Sukkur. Because of leakage, the matter reached the High Court. IBA Karachi had to pull out from conducting this test IBA Karachi had stepped down…
Islamabad, Nov 7: Nintendo is doing it again. Next device of the company will accommodate all Switch software which will be helpful to immediately switch over new change to Switch for every gamer all across the worldwide. Being technologically adaptive, Nintendo proves this by ensuring that its current offerings of gaming can be compatible with Switch library. This brings the fans hoping for the next big thing in gaming. New functionalities with the traditional appeal of a video game console are expected from Nintendo’s new device. Specification Feature Details Device Compatibility Supports all existing Switch games Hardware Upgrades Enhanced graphics,…
Islamabad, Nov 7: Nestlé Pakistan’s strategic plan is to transform its packaged food hills to $50 million by the year 2030. The company expanded its international market in 2024 to 26 countries with export earnings of $23 million realized. Nestle fruita vits, every day and milkpak cream have expanded its markets in Europe North America Middle East Asia and the likes. Industries & Production, Federal Minister Rana Tanveer Hussain paid rich tribute to Nestle for becoming an engine of economic growth of Pakistan. He emphasized on improving the export base to build up the foreign assets base. Nestlé is planning…
