Islamabad, Oct 11: CDC’s Investor Weekend 2024 Set to Enhance Investor Education The Central Depository Company (CDC), in association with prominent AMCs and brokerage houses in Pakistan, has arranged a three-day event called “Investor Weekend 2024” at Dolmen Mall Clifton, Karachi, from October 11 to 13, 2024, with the approval and direction of the Securities and Exchange Commission of Pakistan. In honor of World Investor Week 2024, which is a worldwide campaign by the International Organization of Securities Commissions (IOSCO) to promote investor safety and education, CDC has particularly planned this event. Mujtaba Ahmad Lodhi, Commissioner SECP, Farrukh H. Sabzwari,…
Author: Mawadat Fatima
Islamabad, Oct 11: OMC Margins to Increase Soon, Says OGRA Oil and gas regulatory bodies (OGRAs) have suggested raising oil marketing companies’ (OMCs’) and petroleum dealers’ profit margins. OGRA suggested increasing the margin on high-speed diesel (HSD) and MS petrol for OMCs from Rs. 7.87 per litre to Rs. 9.88 per litre in a letter to the Petroleum Division. The Authority has requested that the margin for petroleum dealers be increased from Rs. 8.64 to Rs. 10.01 per litre for both HSD and MS. According to OGRA, the proposed OMC Margins increase comprises an extra 0.5 rupees per litre for OMCs and…
Islamabad, Oct 11: FBR Registers FIR Against Major Cement Company for Alleged Rs700 Million Tax Fraud A renowned cement company is the target of a formal FBR Registers FIR filed by the Federal Board of Revenue’s (FBR) Directorate of Internal Audit, Inland Revenue, Karachi, about claims of tax evasion of Rs. 316 million. As per the said document the directorate of the Internal audit team had visited the offices of M/s Al Junaid Impex in various areas of Karachi, but it was astonishing that the team came to know that offices of said company are not available there. It is…
Islamabad, Oct 11: Nooh Dastgir Butt Secures Gold in Powerlifting Debut Former-Olympian and an international weightlifter from Pakistan Nooh Dastgir Butt has started well in his powerlifting journey by clinching a gold medal in the Ascot event of the currently taking place Commonwealth Powerlifting Classic and Equipped Championships. ”Won gold medal at Commonwealth Classic Powerlifting Championships 2024. Stop me if you can. This butt is not going to stop,” he wrote in a now-deleted post from his Instagram account. Pride of Performance Award holder and a Commonwealth Games gold medalist Nooh Dastgir’s record: 370 kg lift in the first powerlifting…
Islamabad, Oct 11: Some of the things that you have rightly said about the change in dynamics of smartphones and the emphasis on cameras. TECNO’s CAMON 30S cameras are generally adequate offering good enough picture quality for people to share throwaway images without having to put much effort into it. Smartphone cameras benefit of computer photography such as portraits, night and other beneficial modes, and AI processed photos make smartphone cameras to outcompete high end hardware abilities. Software plays a huge role. It makes possible to be less dependent on the selection of the right camera, to be always ready…
Islamabad, Oct 11: It enables a user to upload received images to Google in order to search for similar images and sources for confirmation of the pictures’ legitimacy. This aids in filtering out fake or fake news within the news feeds being shared. We respect the user’s privacy – the images are ended to end encrypted and not stored or processed by WhatsApp. The feature is currently enabled in the newest WhatsApp beta for Android 2.24.21.3 that got released in the Play Store. It allows for searching any image, which was sent in the app, in chats or forwards, on…
Islamabad, Oct 11: Sadly, I don’t have any secret about products that are not on the market from Apple. In my opinion, you can stay tuned to the tech news site and blogs about the latest credible leaks or announcements about the Apple iPad mini-7. I can supply no product rumors which may be entirely without foundation. However, if you have an interest to discuss with me more about Apple design strategy and previous tablet products, just let me know. Release Date Expectations Given that the iPad Mini 6 was released in September 2021, it would be possible to anticipate…
Islamabad, Oct 11: The AMD unveils new AI is expecting to roll out the production of its next MI325X Artificial Intelligence processing unit in the third quarter of 2022. The MI325X is actually an advance model of AMD’s already existing MI250X AI chip. The MI325X and other AMD AI chips exist in a market own by Nvidia and are aimed at challenging Nvidia in the market for AI accelerators used in data centers and supercomputers. Currently, there is a very high level of application demand for artificial intelligence chips from top technology companies such as Microsoft, Meta, etc. But demand…
Islamabad, Oct 11: Prime Minister Shehbaz invites Saudi Arabia to invest in Pakistan Aviation Sector During the meeting, Shehbaz Sharif with the Saudi Arabia’s Minister for Investment, Khalid bin Abdulaziz Al Falih, pointed in relations between the two countries, describing it as friendly and fraternal. He recalled this was with reference to Saudi help to Pakistan especially during the time of crisis. 3. About this, Sharif said that Al Falih’s visit is an envisaged step towards the further development of investment relations between the countries. Al Falih has received an honoury award of Pakistan, Hilal-e-Pakistan for enhancing relations. Sharif said…
Islamabad, Oct 11: Saudi Ministry of Investment Supports Al Baik Expansion Efforts in the Islamic Republic of Pakistan: Memorandum of Understanding Signed with “Go” Company to Explore Al Baik’s Expansion Opportunities in the Islamic Republic of Pakistan In a pioneering move that reflects Saudi Vision 2030’s aim to enhance exports of rich national expertise and open new horizons for Saudi commercial expansion globally, a Memorandum of Understanding was signed between Saudi Arabia’s “Al Baik” and Pakistan’s “Go” company, under the auspices of the Saudi Ministry of Investment. This memorandum aims to explore the possibility of establishing a strategic partnership to…
