Pakistan is one of 54 impoverished countries that urgently need debt relief, according to UN Development Programme Director Achim Steiner.

Pakistan is one of 54 impoverished countries that urgently need debt relief, according to UN Development Programme Director Achim Steiner. According to UNDP, if quick relief is not provided, at least 54 nations would face growing poverty levels.According to the report, impoverished, indebted nations are under converging economic pressures.Warns that many people will be unable to repay their debts or…

SBP publishes KIBOR rates for August 17, 2022.

KARACHI: State Bank of Pakistan (SBP) on Wednesday issued the Karachi Interbank Offered Rates (KIBOR) as on August 17, 2022. Following are the latest KIBOR rates:  TenorBIDOFFER1 – Week14.9315.432 – Week14.9615.461 – Month15.0215.523 – Month15.6615.916 – Month15.7415.999 – Month15.7816.281 – Year15.8216.32 Read Also: Stock dropped 185 points as investors took profits.

The Ministry of Information Technology will develop a new AI policy.

The Ministry of Information Technology and Telecommunications (MoITT) has agreed to develop an AI policy (AI). According to sources, it has solicited policy recommendations from specialists. After AI specialists provide recommendations to the ministry, a rough draught of the policy will be developed. According to MoITT authorities, the goal of developing an AI strategy is for the government to invest…

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Floods in Pakistan kill more than 340, search and rescue ongoing

“Rising Waters, Resilient People – Together Against the Floods.”

India fires three officers for misfiring a missile towards Pakistan.

The Indian Air Force fired three officers on Tuesday after they unintentionally…

BOP employs disabled employees and establishes model branches for people with disabilities.

BOP employs its first round of differently-abled employees and establishes model branches…

Koenigsegg employs a UET graduate as a product designer.

Pakistan-born Farrukh Kamran has joined the prestigious Swedish hypercar manufacturer Koenigsegg. The…

Nanotechnology Advances Regenerative Medicine: It’s All About the Nanowire

Researchers at King Abdullah University of Science & Technology (KAUST) have created…

Samsung Galaxy Buds2 Pro is now available with 24-bit Hi-Fi sound and other features.

Samsung Galaxy Buds2 TWS Pro was introduced during Galaxy Unpacked 2022. The…

Tesla will collaborate with Pakistan’s Formula Electric Racing NUST.

Tesla will collaborate with Pakistan's Formula Electric Racing NUST. Formula Electric Racing…

ICC accuses Warner and De Kock in the Durban conflict

The International Cricket Council (ICC) on Tuesday levied charges against South Africa…

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PTCL and Nokia Finish 1-Terabit Live Optical Network Trial

In partnership with Nokia, Pakistan Telecommunication Company Limited (PTCL) completed successfully the country's first trial of 1-Terabit transit capacity per wavelength. The trial was carried out in a live network…

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