Imagine generating electricity simply by walking on Pavegen’s Power-Generating Tiles. That’s the groundbreaking technology developed by Pavegen, a British company that has revolutionized energy production. At the World Future Energy Conference in the United Arab Emirates, Pavegen unveiled its innovative tiles that harness the power of human footsteps to generate electricity. These Pavegen’s Power-Generating Tiles , equipped with electromagnetic generators embedded underneath, convert the kinetic energy of walking into usable electricity. Pavegen’s Power-Generating Tiles technology is remarkably simple yet highly effective. Each tile houses an electromagnetic generator that activates when someone steps on it. The movement of the foot triggers…
Author: Amna Riaz
The Pakistan Stock Market (PSX) is on a tear, defying pre-monetary policy jitters and reaching new heights! This article explores the factors driving this record-breaking rally. Pakistan Stock Market: A Sign of Confidence Despite uncertainties surrounding the upcoming central bank announcement, the PSX is displaying remarkable resilience. This suggests strong investor confidence in Pakistan’s economic stability. The KSE-100 Index, the market’s benchmark, has surpassed the 71,500 mark, reaching an impressive 71,823.49 by mid-afternoon, reflecting a distinctly positive market sentiment. Pakistan Stock Market: Buoyancy Explained Several factors are contributing to this bullish trend. First, widespread buying activity is evident across diverse…
Government’s Record Borrowing in Pakistan from banks has hit a record high, raising concerns about the country’s economic stability. This article explores the implications of this massive debt accumulation. Government Borrowing in Pakistan: A Growing Crisis The State Bank of Pakistan (SBP) data reveals a staggering increase in government borrowing. From July 1, 2023, to April 5, 2024, the government borrowed a record Rs. 5.5 trillion from commercial banks – a significant jump compared to Rs. 2.95 billion in the same period last year. This rapid borrowing surge, with over Rs. 650 billion borrowed in just a week, reflects the…
Pakistanis looking to switch to solar power or reduce their electricity bills are in luck! Solar panel prices in the country have witnessed a significant drop, making renewable energy a more attractive option than ever before. Solar Panel Prices in Pakistan: A Brighter Future The recent price cuts range from 50,000 to 2 lakh rupees depending on the system size. This translates to substantial savings for consumers. For instance, a 7 kW system, ideal for smaller houses or businesses, is now priced at a very competitive 7.5 lakh rupees. Solar Panel Prices in Pakistan: Bigger Savings, Bigger Systems For those…
Calling all students in Punjab! The wait is over. The Punjab government has launched a revolutionary initiative – the Chief Minister’s Youth Initiative Bike Scheme – offering students the chance to own motorcycles on easy, interest-free installments. Punjab Bike Scheme for Students: A Boon for Education This student-friendly program, spearheaded by Chief Minister Maryam Nawaz, aims to ease transportation woes for students across the province. The government has partnered with the Bank of Punjab to make this scheme a reality. Punjab Bike Scheme for Students: What’s on Offer? A total of 20,000 motorcycles will be distributed among eligible students through…
The global economic landscape is undergoing significant shifts driven by geopolitical tensions and evolving financial systems. With approximately 28% of the world’s GDP under sanctions, countries like Iran, Russia, and China are reconsidering their reliance on the US dollar-dominated financial system. These nations, along with others in the Global South, are exploring alternatives such as using their own currencies to mitigate the impact of U.S sanctions and assert their economic independence. Economic sanctions, often wielded as political tools, have far-reaching consequences, affecting not only the targeted nations but also investors and businesses worldwide. The overuse of the US dollar for…
The Punjab government’s groundbreaking Punjab Solar Scheme for Farmers offers a revolutionary way for farmers to power their tubewells using solar energy. This initiative aims to empower farmers and transform Punjab’s agricultural landscape. Punjab Solar Scheme for Farmers: Key Features The scheme boasts several attractive features that make it easier than ever for farmers to adopt solar power: Low Initial Investment: Farmers only need a 25% down payment for the solar system. Government Subsidy: The Punjab government covers the remaining 75%, allowing farmers to pay it back over five years. Fair Distribution: A transparent lottery system ensures everyone has an equal chance to…
In a groundbreaking move amidst the relentless pace of work and mounting stress, a Chinese company has unveiled an innovative policy to combat dissatisfaction. Pang Dong Lai, a prominent retail company in China, has rolled out the ‘Sad Leave’ policy, granting employees the freedom to take time off on days when they experience unhappiness. Yu Donglai, the visionary founder and chairman of Pang Dong Lai, spearheaded this initiative. According to the new policy, employees facing discontent can apply for up to 10 days of leave. Donglai emphasized that employees should refrain from work if they feel unhappy, underlining the need…
The World Health Organization (WHO) has issued a critical alert regarding potentially harmful cough syrup ingredients circulating in Pakistan. This warning highlights the dangers of counterfeit medications and the importance of robust quality control measures. Fake Cough Syrup Ingredients: A Global Threat The alert focuses on five contaminated batches of propylene glycol, a common cough syrup ingredient. These batches were falsely labeled as manufactured by Dow Chemical, a reputable chemical company. Testing by Pakistan’s Drug Regulatory Authority (DRAP) revealed alarming levels of ethylene glycol (EG) in the suspect propylene glycol – a toxic industrial solvent. International safety standards permit only…
Today, 18 April 2024 the gold rate in Pakistan is 208,340 Rs. per 10g. And the price of per tola of gold is 243,000 Rs. These rates have calculated keeping in view the global market and Pakistani market. And this is the actual rate of gold which will be traded today. Pakistan’s largest jewelry market is in Karachi where millions of rupees are traded daily. Gold rates in all cities of Pakistan such as Quetta, Lahore, Faisalabad, Peshawar, Islamabad & Kashmir is similar to Karachi’s rate. Gold Rate in Pakistan today, 18 April 2024 City Per Tola Gold rates today Karachi 243,000 Rs. Gold…