The price of gold in Pakistan saw another increase on Tuesday, maintaining its all-time high rate, reflecting global market trends. In the local market, the price of 24-carat gold per tola rose by Rs100, settling at the highest-ever Rs303,100, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, the price of 10 grams of 24-carat gold surged by Rs86, taking it to Rs259,859. In the international market, the price of gold also saw a minor hike of $1 on Tuesday, reaching $2,904 per ounce with an additional premium of $20. However, the price of 24-carat…
Author: Raja Zahid Khanzada
A delegation from the International Monetary Fund (IMF), led by Joel Turkewitz, met with Chief Justice of Pakistan (CJP) Yahya Afridi at the Supreme Court on Tuesday, who is also the chairman of the Judicial Commission of Pakistan. The meeting, held at the request of the Finance Division, focused on judicial reforms, accountability, and the judiciary’s role in ensuring institutional stability. CJP Afridi informed the delegation that the judiciary is not accustomed to direct interactions with such missions, but this meeting is taking place because of the Finance Division’s request. He mentioned that he would be cautious in his words…
Pakistan recorded a significant 25% increase in domestic remittances in January 2025, with inflows reaching a record-high of $3 billion for the month. Advisor to the Federal Finance Minister, Khurram Shahzad, shared the latest figures in a post on X, highlighting a strong upward trend in remittances. Between July 2024 and January 2025, the total remittance inflows amounted to $20.8 billion, marking a 32% year-on-year increase. Shahzad termed the surge in remittances a positive development for Pakistan’s economy and external accounts. He further projected that if this trend continues, annual remittances could surpass $35 billion by the end of the…
The government is working to reduce electricity prices across the country in an effort to provide relief to consumers. According to sources in the Ministry of Energy, a task force has initiated negotiations with 45 additional power plants to lower electricity tariffs. As part of the plan, the profit margin of around 25 state-owned power plants will be reduced from 19% to 13%, leading to a reduction of 50 paisa per unit in electricity rates. Furthermore, these power plants will now be compensated based on actual power generation rather than total production capacity. With these measures, the overall electricity tariff…
In Pakistan, the price of gold saw a massive increase on Monday, reflecting global market trends, once again crossing the dreaded Rs300,000 mark. In the local market, the price of 24-carat gold per tola surged by Rs4,000, reaching the highest-ever Rs303,000, according to data provided by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, the price of 10 grams of 24-carat gold increased by Rs3,429, taking it to Rs259,773. In the international market, the price of gold also saw a huge rise of $42 on Monday, reaching $2,903 per ounce with an additional premium of $20. The price of…
Samsung’s latest flagship, the Galaxy S25 Ultra, comes with powerful upgrades, including the Snapdragon 8 Elite chipset and an improved frame design. However, one controversial change has left fans disappointed—the removal of Bluetooth connectivity from the S Pen. Why are users upset? The absence of Bluetooth support means the S Pen no longer offers Air Actions, which previously allowed users to: Remotely control the camera Navigate presentations and apps Manage media playback with gestures The removal of these features has sparked outrage among loyal Note and Ultra series users, leading to a petition demanding that Samsung restore Bluetooth functionality in…
A consortium led by Elon Musk announced on Monday that it had offered $97.4 billion to purchase the nonprofit entity that controls OpenAI, marking a significant move in the billionaire’s ongoing effort to prevent the AI startup from transitioning into a for-profit organization. Musk’s bid is expected to escalate longstanding tensions with OpenAI CEO Sam Altman over the future of the company, which is central to the booming field of generative AI technology. Altman quickly responded on X (formerly Twitter): “No thank you but we will buy Twitter for $9.74 billion if you want.” Musk co-founded OpenAI with Altman in…
Cameras have become an essential part of our daily lives, with people constantly searching for devices with higher megapixels to capture the perfect shot. But have you ever wondered how many megapixels the human eye has? The answer is fascinating. Estimated Megapixel Count of the Human Eye Experts estimate that the human eye has a resolution of approximately 576 megapixels (MP). This means that to view the world with the same level of clarity, color accuracy, and detail, a camera would need a 576MP sensor—a number far beyond current commercial technology. However, it’s not as simple as comparing a camera…
The SpaceX Falcon 9 rocket lifted off from California, lighting up Los Angeles’ night sky and leaving sky gazers in awe. According to Space, the world’s richest person, Elon Musk, and his space company SpaceX launched a new batch of its Starlink satellites in a Falcon 9 rocket from Vandenberg Space Force Base at 9:09 p.m. EST (6:09 p.m. local California time) on Monday, February 10, 2025. Moments after the Falcon 9 lifted off from Vandenberg, the rocket became visible in the clear skies of multiple states, creating a stunning visual display for the citizens. After a reddish streak, a…
Meta employees encountered performance-based layoffs, which shocked many high-rated workers. According to BI, several employees who received positive performance reviews had their jobs cut on Monday, as the company let go of almost 4,000 workers in its latest round of workforce reduction. A significant number of the terminated employees had an “At or Above Expectations” rating, which falls in the middle tier of Meta’s three-level mid-year review system. The tech giant portrayed these cuts as targeting underperforming workers, but internal guidance sent last month by Hillary Champion, Meta’s Director of People Experience, allowed managers to include employees from higher performance…
