Power Minister Awais Leghari has assured that the government is committed to slashing power tariffs, and the reduction will occur at the “right time,” The News reported on Wednesday. Speaking to reporters after inaugurating Pakistan’s first-ever 120-kilowatt fast charging station in Islamabad, Leghari said that Prime Minister Shehbaz Sharif would soon announce “good news” regarding electricity prices and stated, “The reduction will happen at the right time, whether two days earlier or later.” Responding to concerns over fuel pricing, the minister underscored the government’s resolve to provide relief. “We stand by our pledge. Our commitments are not like those of…
Author: Web Desk
The capital market experienced a strong bullish rally on Wednesday, driven by the staff-level agreement between Pakistan and the International Monetary Fund (IMF) on the ongoing bailout package, along with a new $1.3 billion arrangement. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index gained 1,139.15 points, or 0.98%, to settle at 117,772.31 by session’s end. The index touched an intraday high of 118,220.88 and a low of 117,178.23, reflecting a session driven by investor optimism following key economic developments. “The IMF review is the major positive trigger,” said Sana Tawfik, Head of Research at Arif Habib Limited. “We’ve seen the…
Exports from the Gwadar Free Zone (GFZ) are set to begin, playing a crucial role in ensuring the port’s sustainable operation and facilitating entry into the international market, according to The News. A senior official from the Ministry of Maritime Affairs told The News, “The Special Investment Facilitation Council (SIFC) has been instrumental in promoting exports from the Gwadar Free Zone.” The Economic Coordination Committee (ECC) discussed a summary submitted by the Ministry of Maritime Affairs regarding the export of Potassium Sulphate Fertilizer from Gwadar Port. It approved an exemption for M/s Agven Private Limited, operating in the Gwadar North…
The United States has added six subsidiaries of Inspur Group, China’s leading cloud computing and big data service provider, and dozens of other Chinese entities to its export restriction list. The Commerce Department stated that the Inspur units were listed for contributing to the development of supercomputers for the Chinese military. Five of the subsidiaries are based in China and one in Taiwan. Inspur Group itself was placed on the list in 2023. The Inspur units are among approximately 80 companies and institutes added to the export control list on Tuesday. Over 50 are based in China, while others are…
WhatsApp is developing a new feature that will allow users to share motion photos in chats, groups, and channels, set for release in a future update. According to WABetaInfo, this new feature has been introduced in the latest WhatsApp beta for Android 2.25.8.12 update, available on the Google Play Store. Motion photos are a media format that captures a brief moment of movement before and after a photo is taken. Unlike traditional images, motion photos include a few seconds of video and audio, offering an immersive way to capture memories. This feature is particularly popular on certain mobile devices, as…
Google has recently announced a significant update to its “Results about you” tool, making it considerably easier for users to remove their personal information, such as phone numbers, addresses, and email addresses, from search results. This move addresses growing privacy concerns, as individuals increasingly seek to control their online presence. Previously, the “Results about you” feature was hidden within Google’s settings, making it difficult for many users to find and utilize, as reported by ZDNet. Now, the search engine giant has streamlined the process through a tutorial video, allowing users to initiate removal requests directly from Google Search. How to…
Chinese artificial intelligence startup DeepSeek has unveiled a significant upgrade to its V3 large language model, escalating competition with US tech leaders such as OpenAI and Anthropic. The new model, DeepSeek-V3-0324, has been released through the AI development platform Hugging Face, marking the company’s latest effort to establish a strong presence in the rapidly evolving AI market. This latest model showcases notable enhancements in areas like reasoning and coding capabilities compared to its predecessor, with benchmark tests indicating improved performance across multiple technical metrics published on Hugging Face. DeepSeek has quickly emerged as a significant player in the global AI…
Signal President Meredith Whittaker has defended the messaging app’s security following reports that senior Trump administration officials mistakenly included a journalist in an encrypted group chat discussing US military operations in Yemen, as reported by Reuters. While Whittaker did not directly comment on the specific incident, she reaffirmed Signal’s standing as the “gold standard in private comms.” In an X post, she emphasized the app’s open-source, non-profit structure and its rigorous application of end-to-end encryption to protect user data, contrasting it with Meta’s WhatsApp. Signal has seen a surge in popularity across the US and Europe, largely attributed to its…
Tesla announced on its website that it will begin sales in Saudi Arabia next month, signaling that CEO Elon Musk and the kingdom have reconciled following a rift stemming from Musk’s brief 2018 attempt to take the company private. While Tesla operates in other Middle Eastern countries, it has not yet entered Saudi Arabia, the Gulf region’s largest market. The dispute originated from Musk’s 2018 tweet claiming “funding secured” to privatize Tesla after meetings with Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF). The failed privatization attempt led to investor lawsuits, during which tense text exchanges between Musk…
A report by the US Commission on International Religious Freedom (USCIRF) stated that religious freedom continued to decline as attacks and discrimination against minorities increased in India during 2024. The report mentioned that prior to the national elections in June, the ruling Bharatiya Janata Party (BJP) members, including Prime Minister Narendra Modi, propagated hateful rhetoric and disinformation against Muslims and other religious minorities to gather political support. “Such rhetoric fuelled attacks on religious minorities that continued after the election, including vigilante violence, targeted and arbitrary killings, and demolition of property and places of worship,” the USCIRF report said. According to…
