Petrol Price Overtakes Dollar: The caretaker government on Thursday announced an increase in the prices of petroleum products, taking the price of petrol to an all-time high of Rs. 305.36 per liter. At the last fortnightly review of petroleum prices on August 15, the newly installed caretaker government increased the price of petrol by Rs….
ChatGPT boosts Nvidia revenue: In a stunning turn of events, Nvidia, a global leader in visual computing and AI technology, has managed to double its revenue within a single year. While this might seem like an extraordinary accomplishment in itself, the driving force behind this meteoric rise has been Nvidia’s strategic integration of ChatGPT, an…
Toyota shuts down plant: Toyota Indus Motor Company (IMC), one of the leading automakers in Pakistan, has announced a series of non-production days (NPDs) due to inventory shortage and low demand. In an official notification to the Pakistan Stock Exchange (PSX), the company stated that it would shut down its car assembly plant from August…
NEPRA has approved a hike of Rs. 5.40 per unit in power tariff for the fourth quarter of FY23. All consumers, except Lifeline and K-Electric customers, will be impacted by this and will pay it over three months. The ex-Wapda distribution companies (XWDISCOs) had filed their requests for adjustments on account of capacity charges, transmission…
Tesla, a major player in the EV industry, faces a stock decline as it again lowers prices for its vehicles in China. This action prompted investor and analyst discussions, questioning Tesla’s profitability and strategy in China’s highly competitive electric car market. The manufacturer announced 14,000 yuan ($1,929) discount on two Model Y models in China…
The streets of Pakistan are once again bracing for an inevitable and significant Fuel Price Surge in Pakistan As the nation grapples with the consequences of global shifts and economic dynamics, the surge in fuel costs stands ready to affect various facets of daily life. A recent report highlighted that Pakistan is about to witness…
Elon Musk, the visionary entrepreneur and CEO of multiple groundbreaking companies, has once again captured headlines with his latest endeavor, Twitter signs auction. Unexpectedly, Musk plans to auction exclusive Twitter signs and memorabilia tied to his impactful tweets and achievements. This auction presents a fascinating opportunity for collectors, enthusiasts, and fans to own a piece…
Yamaha has introduced a Yamaha trade-in offer, that allows owners to trade in their old bikes and purchase new ones at prices that won’t strain their wallets. This forward-thinking approach not only benefits bike aficionados but also aligns with the growing demand for sustainable transportation options. Let’s delve deeper into this innovative program and uncover…
NHA toll tax collection: The National Highway Authority (NHA) is a crucial federal agency in Pakistan responsible for the planning, development, operation, repair, and maintenance of national highways and strategic roads. With a vast network spanning 12,131 kilometers, the NHA carries a staggering 80% of the country’s commercial traffic and 65% of passenger traffic. The…
The anticipation for Toyota’s locally-assembled Corolla Cross launch in Pakistan has been building up for quite some time. Enthusiasts, consumers, and industry insiders have been speculating about the launch date and reasons behind the delay. In this article, we will explore the possible timeline for the launch and discuss the significance of this much-awaited vehicle…
