KARACHI – The Pakistan Stock Exchange (PSX) continued its positive trend on Thursday, the fourth trading day of the business week, as investor confidence remained strong. During the session, the benchmark KSE-100 Index recorded a significant gain of 839 points. This surge pushed the index past the key psychological barrier of 159,000, bringing it to a new level of 159,304. Although the index did dip to a daily low of 158,205 during intra-day trading, it managed to stay well above the previous day’s close of 158,465, indicating solid buying interest in the market.
Author: Web Desk
KARACHI – Gold prices across Pakistan experienced another reduction on Thursday, offering a slight reprieve for buyers. According to the All Pakistan Gems and Jewellers Association, the price of one tola of gold decreased by 1,000 PKR. Following this latest drop, the new rate for one tola in the local market stands at 418,862 PKR. Similarly, the price of 10 grams of gold fell by 857 PKR, bringing its new price to 359,106 PKR. The association noted that this downward trend in the domestic market reflects the international market, where the price of gold also fell by $10, settling at…
KARACHI – In a significant development for Pakistan’s central bank, Amin Khan Lodhi has been appointed as a Deputy Governor of the State Bank of Pakistan (SBP). According to an official notification issued from Karachi, Lodhi has been appointed to the high-profile position for a term of five years. Prior to this appointment, Amin Lodhi held the crucial role of Executive Director of the Monetary Policy and Research Group within the State Bank.
LAHORE/SAHIWAL – Following demands from local industrialists, the Punjab government has decided to establish a new industrial estate in Sahiwal to facilitate industry and boost employment. The announcement was made by Provincial Industries Minister Shafay Hussain after a meeting with a delegation from the Sahiwal Chamber of Commerce and Industry. “My mission is to increase employment opportunities by accelerating the process of industrialization,” Shafay Hussain stated, emphasizing the government’s goal. However, the minister issued a strict warning regarding the use of the plots. He stressed that industrial centers will not be allowed to be used for the property business under…
BERLIN – In a stunning development at the intersection of technology and governance, Albania’s Prime Minister Edi Rama has announced that the country’s first artificial intelligence minister, “Deella,” is now “pregnant” and will soon give birth to 83 “digital children.” The surprising announcement was made by Prime Minister Rama during the Global Dialogue Forum held in Berlin. As Rama explained, this “pregnancy” is a technological metaphor. Deella’s 83 “digital children” will function as sophisticated, personal AI assistants for each member of the Albanian parliament. These assistants, he detailed, will be responsible for taking notes during sessions, providing advice, and…
SAN FRANCISCO – The instant messaging application WhatsApp is set to roll out passkey support for accessing encrypted backups, a significant move designed to simplify security for users. This new feature means that if a user loses their device, they will be able to access their WhatsApp backup using their fingerprint, facial recognition, or the device’s screen lock code, rather than a traditional password. For a long time, WhatsApp’s chat backups lacked the protection of encryption. In 2021, Meta introduced end-to-end encryption for backups, which could be secured using either a password or a 64-character encryption key. The primary issue…
SEOUL – South Korean tech giant Samsung Electronics has announced a significant shift in its production strategy, deciding to increase the output of its thinner smartphones in response to intense market competition and changing consumer trends. According. to reports, the decision aims to meet new consumer demands that prioritize both style and performance. In recent years, market interest has clearly shifted toward thinner and lighter devices, a trend Samsung now aims to capitalize on. This strategic move is also seen as a direct response to competitors like Apple and Xiaomi, which have already found significant success in the thin-and-light…
SAN FRANCISCO – In the modern smartphone era, the one constant frustration for users is the dreaded “Storage Full” notification. Our phones are filled with dozens of apps, many of which we rarely use, yet they silently consume valuable space. We often hesitate to delete these “just in case” apps, fearing we might need them again, a process that requires a full re-installation. However, even when idle, these apps clutter the device and can slow down performance. Fortunately, nearly every Android phone has a brilliant, built-in solution that most users are completely unaware of: App Archiving. This clever feature provides…
SYDNEY – As climate change makes deadly heatwaves more frequent, and with the high cost of air conditioning making it inaccessible for many, an affordable solution is urgently needed. Scientists in Australia may have found one by developing a revolutionary paint that could eliminate the need for AC. Researchers from the University of Sydney have created a roof coating that keeps a surface up to 6 degrees Celsius cooler than the surrounding ambient temperature. This “paint” has a unique dual function. First, using a porous film, it reflects 96% of solar radiation back into the atmosphere, effectively scattering heat.…
NEW DELHI – In what is being called an unprecedented and historic decision, Test cricket will feature a revolutionary change to its long-standing schedule: the tea break will be taken before the lunch break. This extraordinary adjustment will be trialed during the second Test match between India and South Africa in Guwahati, starting November 22. The decision was made with the mutual consent of both the Indian and South African cricket boards. According to Indian media, the change is a practical solution to a logistical challenge. Guwahati, located in India’s eastern region, experiences much earlier sunrises and sunsets compared to…
