Category: Highlights

Minister of State for Information and Broadcasting, Farrukh Habib on Saturday said government of Pakistan Tehreek-e-Insaf (PTI) has initiated a number of projects for the welfare of poor including health cards and prime minister’s housing scheme. He said large number of families living in different parts of Khyber Pakhtunkhwa were being benefited with health cards and availing medical facility free of charge. He added that the second basic facility of shelter was also being provided to people through prime minister’s housing scheme, he said while sharing his views in a…

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SINGAPORE, June 7 (Reuters) – Oil extended gains to hit fresh multi-year highs on Monday, underpinned by a brighter economic and fuel-demand outlook, while investors eyed the outcome of talks between Iran and world powers over a nuclear deal that is set to boost crude supplies. Brent crude futures for August rose 28 cents, or 0.4%, to $72.17 a barrel by 0107 GMT, their highest since May 2019. U.S. West Texas Intermediate crude for July touched $70 for the first time since October 2018 and was at $69.91 a barrel,…

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Our national railways are apparently going solar. Pakistan Railways recently announced that it is looking to shift 155 railway stations to solar energy. The directive will be taken under the government’s policy to use alternative environment-friendly energy resources. Pakistan Railways Public Relations Director Nazia Jabeen in a statement said that the total cost of the project would be Rs450 million. In the first phase, to be started after the presenting of the federal budget for 2021-22, she said that 81 railway stations would be equipped with backup of 8 hours…

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Innovations are constantly occurring in every industry, but every once in a while, we see a disruptive innovation entirely transform a complicated product. It is often a simpler, more affordable, and accessible solution that revolutionizes the market. We saw this with the advent of cheap transistor radios in the 1950s, as they ushered the era of portable electronics, and then again in 2007 when smartphones, as we know them, were launched and further democratized access to information. 14.5 billion Smartphones have been sold since 2007, disrupting not just the telecommunications…

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Even giants like the United States and India have had difficulty dealing with the coronavirus pandemic. Donald Trump, Dwayne Johnson, and Ellen DeGeneres have all been infected by this virus. In this situation, Pakistan has succeeded in reviving its economy, which is expected to grow by nearly 4% in 2021, exceeding initial projections. The State Bank of Pakistan (SBP) initially predicted a 3% growth in GDP, while the International Monetary Fund (IMF) and World Bank predicted 1.5% and 1.3% increases, respectively. The country’s per capita income will rise 14.6% from $1,405 in 2020 to $1,610 in 2021. The services sector,…

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