Commuters pull over on US freeway to pick up the cash over the road

Commuters pulls over on US freeway to pick up the cash over the road

When commuters on a busy Southern California motorway noticed dollar notes scattered over the road, they were taken aback. Some people were seen hurriedly rushing for money in a video that went viral, uploaded by prominent Instagram influencer Demi Bagby. Authorities have detained two persons and are seeking additional who were seen in various films … Read more

Watch: Tiger slowly crosses the road in Khammam district

Watch: Tiger slowly cross the road in Khammam district

A tiger was witnessed crossing the road in Telangana’s Khammam district, according to a video published on Twitter by the Forests and Wildlife Protection Society. As the human-animal conflict continues to make headlines, FAWPS has advocated for the creation of a safer environment for tigers. The predator emerged from the darkness, and a passing vehicle … Read more

Sheikh Muhammad Ibrahim: A humble heart

Sheikh Muhammad Ibrahim: A humble heart

Serving as the chief executive officer of Cannon Foam Industries, one of the leading foam manufacturers in Pakistan, Sheikh Muhammad Ibrahim has graduated from the Forman Christian College, a Chartered University. Set up with the seed money of Rs12.5 million that also included working capital of just Rs2.5 million almost 25 years ago, Cannon is … Read more

Russian caviar prices surge ahead of holidays

Russian caviar prices surge ahead of holidays

MOSCOW: Russians looking to indulge in their traditional winter holiday treat of red caviar will be disappointed this year, as prices have hit historic highs, official figures showed on Monday. With Russia battling surging inflation, state statistics agency Rosstat said the market price for one kilogramme of red fish roe has surpassed the 5,000 rouble ($68, … Read more

UK to make electric car charging points compulsory in new buildings

UK to make electric car charging points compulsory in new buildings

LONDON: Britain will make electric car chargers compulsory for new buildings in England from 2022, as it switches away from high-polluting vehicles, Prime Minister Boris Johnson said on Monday. Johnson, fresh from hosting the COP26 climate change summit, told business leaders that he will legislate to compel charging points in new homes, supermarkets and workplaces in … Read more

The dollar drain

The dollar drain

Almost a decade ago, we were recognised as an agrarian economy but the wrong policies of the successive governments forced the country to focus on imports to meet the local demand, even those commodities such as wheat, cotton and sugar, which were once available in abundance. The situation has not only created a food security … Read more

Electric vehicle: Beyond the hype

Electric vehicle: Beyond the hype

The use of electric vehicles by countries vary worldwide, as the adoption of plug-in electric vehicles is affected by consumer demand, market prices, availability of charging infrastructure, and government policies. Electric vehicles have already caught the interest of a large population of the developed countries and the Pakistani public also awaits with excitement. Leaving the … Read more

Supernet gets Rs100 million projects

Supernet gets Rs100 million projects

KARACHI: Supernet Limited has been awarded three equipment supply projects consisting of equipment and services of satellite communications and telecommunications, a statement said on Monday. The projects have been awarded by a strategic organisation with a combined value of Rs100 million, which will help the company expand the customer base of its telecommunications and defence … Read more

Sweden’s Ericsson to buy US cloud operator Vonage

Sweden’s Ericsson to buy US cloud operator Vonage

STOCKHOLM: Ericsson said on Monday it was acquiring US cloud-based communications provider Vonage, in the Swedish company’s biggest acquisition in recent memory, as it widens its operations beyond its traditional telecommunications equipment business. The $6.2 billion (5.5 billion euros) deal is part of Ericsson’s strategy to expand its presence in wireless enterprise and broaden its global … Read more

Pakistan a nice destination for foreign investment: Chinese analyst

Pakistan a nice destination for foreign investment: Chinese analyst

BEIJING: Pakistan is a nice destination for investment. In addition to large enterprises, small and medium-sized Chinese enterprises may also consider expanding investment in Pakistan. These views were expressed by Cheng Xizhong, visiting professor at Southwest University of Political Science and Law and senior fellow of the Charhar Institute, China Economic Net (CEN) reported. During … Read more

Karot Hydropower Station starts impounding water

Karot Hydropower Station starts impounding water

BEIJING: The Karot Hydropower Station, the first hydropower project under the China-Pakistan Economic Corridor (CPEC) closed the gates of its diversion tunnels after six years of construction, and officially started reservoir impoundment. That’s the accumulation of water in its reservoir for future use. It’s a milestone event, marking the completion of around 95 per cent … Read more

Minister calls for weighted average cost legislation to meet increased gas demand

Govt. brings much-needed reforms to streamline energy matters: Hammad

ISLAMABAD: Minister for Energy Hammad Azhar has underlined the need for crafting Weighted Average Cost of Gas (WACOG) legislation to meet increased demand of the commodity, especially in peak winter season. “During winters a demand spike occurs in the local gas circuit, which cannot be plugged by imported LNG [liquefied natural gas] till WACOG legislation,” … Read more

Pakistani project ‘Digital Dera’ comes into play

Pakistani project ‘Digital Dera’ comes into play

ISLAMABAD: China’s digital farming and smart agriculture practices are going to be a shot in the arm of Pakistan’s agriculture growth with inspiration from Chinese agro-based innovative technologies and techniques. A group of young Pakistani agri-tech entrepreneurs have pioneered a project “Digital Dera” in district Pakpattan, around 148km away from Lahore. A tech-savvy project “Digital … Read more

Punjab fast becoming investors’ destination: minister

Punjab fast becoming investors’ destination: minister

LAHORE: Punjab is fast becoming investors’ destination because the province has not only attracted new international brands but the existing local and global players have also expressed satisfaction and enthusiasm by expanding their presence and operations. According to Industries Department’s spokesman, provincial Minister for Industries, Commerce and Investment Mian Muhammad Aslam Iqbal expressed these views, … Read more

Indonesia sets $50 billion e-commerce trade target by 2025: envoy

Indonesia sets $50 billion e-commerce trade target by 2025: envoy

ISLAMABAD: Indonesia has set a $50 billion e-commerce trade target by 2025 to connect with the biggest sector of global trade, a diplomat said. There are vast opportunities in e-commerce trade between Pakistan and Indonesia, which will increase bilateral trade and investment opportunities on both sides, Ambassador of Indonesia to Pakistan, Adam Mulawarman Tugio told … Read more

Apple putting a lot of money into sports streaming

Apple Is Supposedly Putting a Lot of Money into Sports Streaming

Apple has been investing an increasing amount of money to sports content, indicating that it sees it as a big growth prospect. Apple is apparently working on a new architecture to increase streaming coverage within its iOS and Apple TV applications, ostensibly in order to provide people more access to the lovely world of sports. … Read more

Prevent osteoporosis: Eat healthy food for healthy bones

Prevent osteoporosis: Eat healthy food for healthy bones

Osteoporosis may be severe, resulting in bones fractures in the spine or hip, which can result in disability and even death. Bone fractures, particularly in the spine or hip, are the most serious effects of osteoporosis, according to the Mayo Clinic. A hip fracture, which is frequently caused by a fall, can result in disability … Read more

Elon Musk’s baby X A-XII joins the presentation on video call

Elon Musk's baby X A-XII joins the presentation on video call win hearts

Since his birth, Elon Musk’s youngest kid, X A-XII, has ruled the internet, first for his unusual name, then for his cheerful attitude. He just joined his father in a virtual business presentation, and internet users can’t get enough of him. While presenting an update on Starship at the National Academies of Sciences, Engineering, and … Read more

Man shows up at woman’s house to return her daughter’s wallet

Man shows up at woman’s house to return her daughter’s wallet

A stranger who went above and beyond to retrieve a misplaced wallet is an example of how a small act of kindness can go a long way. She had absolutely forgotten to ask his name because she was so overwhelmed at the time. When she realized the front porch camera had captured everything, she uploaded … Read more

Bucketful of cash poured on Gujarati folk singer during a performance

Bucketful of cash poured on Gujarati folk singer during a performance

As Gujarati folk singer Urvashi Radadiya sang on stage, adoring audience threw a bucketful of cash notes over her. Urvashi Radadiya, a Gujarati folk singer, has released a video of herself getting showered with cash during a concert. Radadiya is seen playing on stage with other artists when a guy approaches her from behind and … Read more

Watch: Tractor-trolley hits electric pole turning on street light

Watch: Tractor trolley hit the electric pole it turns street light on

An unattended tractor-trolley continued to travel down a busy street, colliding with an electricity pole and turning on its light. On Twitter, there’s no shortage of humorous desi stuff, including random wacky things with the ability to cause a laughing riot. A rolling tractor-trolley has been added to the list for its assistance in turning … Read more

Instagram itself wants you to take a break from it

Instagram itself wants you to take a break from it

Instagram is apparently testing a new “Take a Break” feature that will encourage users to do exactly that, in a way that hasn’t been impacted in the least by recent U.S. Senate hearings. CEO Adam Mosseri outlined the new feature in a post on—where else?— Instagram, saying that it’s an opt-in tool that, “enables you … Read more

Tesla drivers back behind wheel after server problem: Musk

Tesla

WASHINGTON: Tesla CEO Elon Musk reported late on Friday that an app problem that was keeping a number of drivers worldwide from using their cars was on the mend after a server issue was resolved. Multiple Tesla drivers tweeted that they were no longer able to start their cars with their phone apps and had … Read more

Winter is coming: Frozen assets leave penniless Afghan traders out in the cold

Aqina is a border crossing with rail service connecting Afghanistan to Turkmenistan, and onward to Azerbaijan, Georgia, Turkey and Europe. It is an essential trading point linking Afghanistan with the countries to the west. A handful of local businessmen who met to drink tea complained about the worsened business situation. They said their business had … Read more

US tells Taliban to ‘earn’ release of frozen funds

US tells Taliban to ‘earn’ release of frozen funds

WASHINGTON: The United States rebuffed an appeal by the Taliban to release Afghan assets frozen after their takeover, saying the new government in Kabul must ‘earn’ legitimacy first. Thomas West, the US Special Representative for Afghanistan, said in a tweeted statement that Washington had long made clear that if the Taliban claimed power by military force … Read more

Pakistan’s largest logistics company goes solar

Pakistan’s largest logistics company goes solar

KARACHI: Pakistan’s multimodal logistics organization, National Logistics Cell (NLC), plans to solarise its cargo stations and offices across the country to cut costs and reduce carbon emissions. Not only does the solar system produce more sustainable energy, but the programme also includes net-metering solution to promote distributed generation, an official said, adding that small wind … Read more

Fed should quicken stimulus pullback due to inflation: official

Fed should quicken stimulus pullback due to inflation: official

WASHINGTON: The sharp rise in the US inflation even as the labour market rapidly improves means the Federal Reserve should remove stimulus from the economy more quickly, a central bank official said. The Fed this month began slowing the pace of bond purchases it started early in the pandemic to provide liquidity to the economy but … Read more

Rupee likely to recover amid increase in key policy rate

Rupee

KARACHI: The rupee is likely to make some recovery against the dollar next week due to significant rise in the key policy rate. The Monetary Policy Committee (MPC) in its meeting on November 19, 2019 decided to increase the key policy rate by 150 basis points to 8.75 per cent. The decision was unexpected for … Read more