Pakistan might have a hidden gem for the future of technology – Thar sand. Experts believe this specific Thar sand is ideal for computer chips manufacturing. This discovery has the potential to revolutionize Pakistan’s chip manufacturing industry. The Sindh Department of Information Technology, along with industry specialists, identified unique properties of Thar sand as ideal for creating the crucial chip layer. This breakthrough could address the global chip shortage by providing a reliable domestic source for chip production. The project to establish a silicon chip wafer foundry is gaining momentum. The Sindh IT Department has submitted proposals to the government,…
Author: Zeeshan Haider Yazdani
The International Monetary Fund’s (IMF) Executive Board has approved the disbursement of the final tranche of a $3 billion Stand-by Arrangement (SBA) to Pakistan. This release of $1.1 billion signifies a crucial step towards economic stabilization and paves the way for discussions on a new International Monetary Fund (IMF) loan program for Pakistan. Key Points: The IMF disbursed the final $1.1 billion tranche, completing the $3 billion SBA for Pakistan. These funds aim to bolster economic stability and address external pressures. Pakistan is actively pursuing a new IMF loan program, potentially an Extended Fund Facility (EFF). Enhancing Economic Stability The…
Looking to harness the power of the sun and potentially lower your electricity bills? The Government of Punjab’s Punjab Roshan Gharana Scheme offers a chance to acquire a solar panel system for your home. This initiative aims to empower residents with clean energy solutions. Who Can Apply? The program targets residents of Punjab, Pakistan. To be eligible for the solar panel scheme, you must be: A Pakistani citizen A valid CNIC holder A property owner or have written permission from the owner for installation Applying for the Scheme The application process is designed to be straightforward. Here’s how to apply…
New Zealand’s T20 World Cup squad for the 2024 edition has been revealed in an unconventional yet heartwarming way. Continuing their tradition of creative announcements, the Black Caps entrusted the task to two young representatives, Matilda and Angus. Their enthusiastic delivery of the 15-member squad has captured the hearts of fans and media alike, garnering praise for its inclusivity. This New Zealand’s T20 World Cup squad announcement, made ahead of the ICC deadline, features a well-balanced mix of experience and youthful promise. Seasoned campaigner Kane Williamson leads the charge, his presence a pillar of stability for the Black Caps. He…
The fight against cancer gets a boost with the invention of an AI-powered tool for early detection. This promising development utilizes just a single drop of blood to identify three common cancers in mere minutes. Imagine a simple blood test that analyzes a pinprick’s worth of blood and delivers potentially life-saving results within minutes. This is the reality envisioned by scientists behind this innovative AI-powered tool. Early trials yielded impressive results. The tool successfully differentiated between individuals with pancreatic, gastric, or colorectal cancers and healthy controls. The success rate hovered around a remarkable 82% to 100%, highlighting the AI-powered tool’s…
Pakistan’s rice export has reached a historic peak, hitting a staggering $3 billion in the initial nine months of FY24. This remarkable achievement signifies Pakistan’s growing prominence in the global rice market. Several factors have contributed to Pakistan’s rice export surge. Firstly, India’s unexpected ban on rice exports created a significant gap in the global supply chain. This presented a golden opportunity for Pakistan, a leading rice producer, to step in and meet the heightened demand from traditional Indian rice importers. Pakistan’s ability to supply high-quality rice varieties further facilitated this export surge. Favorable weather conditions also played a vital…
In a significant stride towards Pakistan’s economic resurgence, Prime Minister Shehbaz Sharif has earned the esteemed title of “Man of Action” from Saudi leadership during his recent visit to Riyadh. This accolade not only highlights his pivotal role in driving Pakistan’s development but also underscores his adeptness in attracting foreign investment, a crucial component for economic revitalization. During his visit, PM Shehbaz Sharif actively engaged in various meetings and delivered a compelling address at the World Economic Forum, showcasing his proactive approach towards fostering collaboration and seeking avenues for economic growth. Saudi Minister for Investment Khalid Al-Falih’s praise for the…
Today, 28 April 2024 the gold rate in Pakistan is 204,910 Rs. per 10g. And the price of per tola of gold is 239,000 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, 28 April 2024 City Per Tola Gold rates today Karachi 239,000 Rs. Gold…
Pakistan bagged two silver medals at the recently concluded Qatar Junior Squash Championship in Doha, showcasing the country’s rising talent in the sport. Abdullah Zaman and Ahmed Ali Naz secured impressive second-place finishes in their respective age groups. Abdullah competed fiercely in the Under-15 category, while Ahmed demonstrated his agility and skill in the Under-11 bracket. Both players displayed exceptional talent, making Pakistan proud on the international stage. This achievement is particularly noteworthy considering Abdullah and Rayyan Zaman (who reached the Under-11 semifinals) hail from a squash dynasty. Their father, Mansoor Zaman, was also a squash player, and their grandfather…
A controversial proposal in Pakistan suggests a solar panel tax for residential and commercial users. This article explores the details of the proposed tax and its potential impact. Solar Panel Tax in Pakistan: A Tax on Clean Energy The Central Power Purchasing Agency (CPPA) has proposed a tax of Rs 2,000 per kilowatt for those installing systems with a capacity of 12 kilowatts or more. This tax, if approved by Prime Minister Shehbaz Sharif, would translate to a significant cost increase, particularly for larger installations. Solar Panel Tax : Potential Impact The proposed tax has sparked debate. Proponents argue that…