Category Archives: News

In recent days, Jazz parent company VEON CEO Kaan Terzioglu said in his interview that the company is closing to sell its tower in Pakistan. He told this to the interviewer without naming the bidder. The company owned 10,000 to 12,000 towers in Pakistan, and its price was estimated at $600 Million. The deal is [...]

In a recent report by Asian Development Bank, the situation of Pakistan’s energy sector was one of the magnified topics of the said region. The Asian development sector’s report described the transmission and distribution of energy in very poor conditions in Pakistan. Therefore, it is necessary to invest in this sector. The amount estimated to [...]

Textile is the backbone of Pakistan's export, but the backbone is facing hardships. In the first 5 months of the year 2022, it was reported that about 150+ textile industries, including both weaving and spinning, closed. As a result of the closure, about 2 million+ people are directly affected by it. The mill owners blame [...]

A notification received from Nishat Chunain textile industry notified to Pakistan stock exchange, "51,360 spindles will be temporarily shut down (23.4% of the total) after one month. As soon as the market conditions improve," the company will restart the spindles." Nishat textile has 219,528 spindles and 2,880 rotors in its spinning division. It is also [...]

Ramiz Raja, a former PCB Chairman and cricketer, has asked the Pakistan Cricket Board to continue paying him a pension even after he has left his position as PCB Chairman. As a retired cricketer, the former captain of Pakistan is eager to exercise his claim to a pension from the Pakistan Cricket Board. Recent sources [...]

Naseem Shah, a prominent Pakistani bowler, has commented on the crucial moments in the second Test match in Karachi versus New Zealand. Abrar Ahmed was too cocky when entering the crease as the penultimate man, according to Naseem as he reflected on their critical partnership. The 19-year-old pacer continued by saying that Southee informed him [...]

After the Dubai Tennis Championships, Indian tennis prodigy Sania Mirza, 36, will stop her professional career, which she began more than 20 years ago. In a recent interview with the Women's Tennis Association, one of the finest women's tennis players announced that she would retire next month (WTA). Sania, who has been battling with a [...]

A consolidated profit after tax of Rs. 2.263 billion was reported by Sui Southern Gas Company Limited (SSGC) for its fiscal year (FY) ended June 30, 2021. According to financial statistics, the government-owned company reported losses of Rs. 21 billion during the same period in FY20. FY21's top line was Rs. 317 billion, an increase [...]

The US Dollar, Saudi Riyal, UK Pound Sterling, UAE Dirham, European Euro, and other foreign currencies' exchange rates in Pakistan's open market for January 7, 2022, are listed here (Saturday).   Currency        Symbol        Buying        Selling US Dollar ‎USD 234.15 236.65 Euro EUR 264.5 267 UK Pound Sterling [...]

The US Food and Drug Administration has approved an Alzheimer's drug produced by Eisai Co Ltd and Biogen Inc for those with the illness in its early stages. The drug, which will be sold under the name Leqembi, is a member of a class of drugs created to slow the progression of neurodegenerative disease. It [...]

This was discovered in a Chinese medical study. Men who consumed large quantities of sugary beverages had an increased risk of going bald, according to research from the University of Tsinghua. The study evaluated hair loss and lifestyle choices using data from more than 1,000 individuals between the ages of 18 and 45. It was [...]

Since 2006, US bee colonies have been declining annually, and US health officials believe that this vaccine could help improve bee protection. American foulbrood, a bacteria-caused disease that attacks bee larvae and weakens colonies, has been the target of this vaccine, according to sources. As of this week, the U.S. Department of Agriculture granted the [...]

With the help of a single strand of hair, scientists have created a universal test that can detect autism in newborns. Autistic children tend to have higher levels of lead and aluminum in their blood, which is examined in the sample study. Currently, there is no recognised test for the disease, so medical personnel rely [...]

The Covid-19 vaccination was developed by the German pharmaceutical company BioNTech. On Friday, the company announced plans to test a cancer treatment using the same mRNA technology in the UK based on the firm. Along with a regional office in London, the company will also open a new research and development facility in Cambridge with [...]

China's dramatic rise in Covid-19 cases has led a senior physician at one of Shanghai's leading hospitals to speculate that as much as 70% of Shanghai's population is infected. As a result of loosening regulations suddenly last month without prior notice, hospitals and crematoriums quickly overflowed with infections. It has been speculated that most of [...]

Director General of Punjab Food Authority Mudassar Riyaz told reporters that in the first phase, the sale of loose milk would be banned in Lahore. And gradually across the whole of Punjab, so that a mechanism has been devised for the sale and transportation of milk. It will be implemented gradually in the province in [...]