Vodafone Idea Shares Surge: Vodafone Idea’s share price experienced a significant surge of 8% following the announcement of a substantial $3.6 billion deal with telecom giants Nokia, Ericsson, and Samsung. This strategic partnership aims to enhance Vodafone Idea’s 4G and 5G network capabilities over the next three years, marking a pivotal step in the company’s…
In a groundbreaking development, Pakistan has launched its first multi-mission satellite, PakSat-MM1, aiming to revolutionize broadband internet services nationwide. This ambitious project positions Pakistan as a formidable competitor to Elon Musk’s Starlink, a pioneer in satellite-based internet services. Satellite Launch PakSat-MM1, developed by the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), is designed to…
Petrol and Diesel Prices Cut: The federal government has announced a significant reduction in petrol and diesel prices, effective September 16, 2024. This marks the fourth consecutive decrease in the prices of petroleum products in recent reviews, providing much-needed relief to consumers amid rising living costs. New Price They have reduced the petrol price by…
Saudi Aramco, the world’s largest oil producer, is set to launch its first branded gas station in Pakistan by the end of 2024. This move follows the company’s acquisition of a 40% stake in Gas & Oil Pakistan Ltd. (GO) in May 2024, marking Aramco’s first downstream retail investment in the country. The new gas…
Nvidia, the world’s leading manufacturer of AI-specific computer chips, faced an unprecedented financial setback on September 3, 2024. The company’s market value plummeted by a staggering $280 billion, marking the largest single-day loss for any stock in U.S. history. This dramatic decline was triggered by news of an antitrust investigation by the United States Department…
The State Bank of Pakistan (SBP) has announced plans to replace all existing currency notes from Rs. 10 to Rs. 5,000 with new polymer ones by the end of this year. This move aims to enhance security features and curb counterfeiting. The transition to polymer notes is part of the SBP’s efforts to modernize Pakistan’s…
In a major announcement for the automotive industry, Xiaomi CEO Lei Jun has revealed the international launch timeline for the company’s highly anticipated SU7 electric car. During a live broadcast, Lei Jun announced that the SU7 will enter the European market by 2030, marking a significant step in Xiaomi’s global expansion strategy. People recently spotted…
Govt Reduces Fuel Prices: In a significant move to provide economic relief to the public, the Pakistani government has announced a reduction in petrol and diesel prices. Effective from August 1, 2024, the price of petrol has been decreased by Rs. 6.17 per liter, bringing it down to Rs. 269.43 per liter. Similarly, the price…
Changan Pakistan has recently unveiled the Black Edition of its popular Alsvin sedan. This exclusive variant is available only for the top-tier Alsvin 1.5 DCT Lumiere model. Let’s dive into the key features and details: Distinctive Black Theme: Features and Upgrades: Pricing and Availability: Exclusivity and Style: Conclusion: In conclusion, the Changan Alsvin Black Edition…
Metro Bus Project Punjab: Chief Minister Maryam Nawaz announced significant initiatives for Gujranwala, including an Rs. 18 billion Metrobus project, the city’s first cardiac hospital, and a burns unit. She also ordered road construction, park improvements, and the Water and Sanitation Agency (WASA) upgrades. The ‘Pink Wheel’ project for women’s safety and measures to control…
