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Category: Business

SBP to announce monetary policy on Dec12

Posted on December 8, 2023 by News Desk

KARACHI, Dec 08 (APP):State Bank of Pakistan (SBP) will announce monetary policy on Tuesday, December 12. The central bank, in a statement issued on Friday, announced that the Monetary Policy Committee (MPC)…

Google launches Gemini, the AI model it hopes will take down GPT-4

Posted on December 8, 2023 by Muhammad Khalid Khan

Google is launching what it considers its largest and most capable artificial intelligence model Wednesday as pressure mounts on the company to answer how it’ll monetize AI. The large language model Gemini will…

ADB approves loan of $659m for three projects in Pakistan

Posted on December 6, 2023December 6, 2023 by Muhammad Khalid Khan

The Asian Development Bank (ADB) has approved a loan of $659 million for Pakistan, which will be spent on three different projects. As per the Bank, the purpose of providing the funds…

The autonomous car uses artificial intelligence and deep-learning technology.

Posted on December 6, 2023December 6, 2023 by News Desk

China issues safety guidelines for autonomous public transport vehicles Guidelines cover vehicles of various degrees of automation and mandate they carry at least a driver/security inspector China on Tuesday issued safety guidelines…

Criminal activity’: Senator Raza Rabbani wants action against Discos for overcharging consumers

Posted on December 5, 2023 by Muhammad Khalid Khan

PPP Senator Mian Raza Rabbani on Tuesday “strongly condemned” malpractices by the country’s power distribution companies (Discos), saying that it amounted to criminal activity and action should be initiated against them. The…

SNGPL proposes unprecedented 137.62% surge in gas prices

Posted on December 5, 2023 by Muhammad Khalid Khan

Gas consumers in Pakistan are bracing themselves for a potential surge in gas tariff as Sui Northern Gas Pipelines Limited (SNGPL) filed a request to the Oil and Gas Regulatory Authority (OGRA)…

Pakistan, KSA reach consensus for free trade deal with GCC

Posted on December 3, 2023December 4, 2023 by Muhammad Khalid Khan

Commerce minister Dr Ejaz says both sides held productive discussions towards finalising the investment-related agreement Pakistan and Saudi Arabia have reached consensus on investment modalities, paving the path for ratification of a…

Could X go bankrupt under Elon Musk?

Posted on December 3, 2023December 3, 2023 by Muhammad Khalid Khan

In April, I sat down with Musk for the first of his many chaotic interviews about his acquisition of X. He said something that, in hindsight, was rather revealing, but which passed…

Cheezy Success: Cheezious Lights up Peshawar with Grand Opening of 32nd Outlet”

Posted on December 3, 2023December 4, 2023 by News Desk

“Cheezy Success: Cheezious Lights up Peshawar with Grand Opening of 32nd Outlet” Peshawar-2nd December, 2023 — Cheezious, the renowned culinary destination known for its delectable offerings, proudly announces the grand opening of…

Uzbekistan- Pakistan connected by historical, cultural relationships: Ambassador Usmanov

Posted on December 2, 2023 by News Desk

ISLAMABAD, Dec 2 (APP): Ambassador of Uzbekistan to Pakistan, Oybek Arif Usmanov said on Sunday that Uzbekistan and Pakistan are connected by historical, cultural and religious relationships, which heritage needs to be…

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