Tech and Telecom

The federal government has decided to allocate Rs. 300 million for the establishment of border sustenance markets at Mand, Gabd, and Chedgi in Balochistan to increase the trade between Pakistan and Iran. Sources said that the Economic Coordination Committee of the Cabinet will approve the allocation of Rs. 300 million for the establishment of the joint border markets with Iran at Mand-Pishin District-Kech, Gabd District Gwadar, and Chedgi-Kohak District Panjgur. They added that the meeting chaired by Prime Minister Imran Khan on 12 September 2020 decided that eighteen border markets along with six border markets would be established solely in…

The Federal Investigation Agency’s (FIA) Cyber Crime Wing has summoned Muhammad Bilal Ghauri, a local journalist associated with the Daily Jang Urdu, for posting anti-military content on his YouTube channel. Sub-Inspector Mohammad Waseem Sikandar has summoned Ghauri to report on June 25 for questioning regarding alleged “defamation through social media via YouTube.” It was issued on a complaint by Syed Abbas Mohiuddin, a former member of the Provincial Assembly from Attock District. ALSO READ NHA Approves Construction Contract for N-5 Highway and Flyovers Meanwhile, Ghauri told Committee to Protect Journalists (CPJ) that he could have received the summons in response…

Nothing, the company started by former OnePlus CEO Carl Pei, is on its way to announce its first product. This product is expected to be the Nothing Ear (1) TWS buds that are rumored to launch this month. ALSO READ Nothing Appoints Former Samsung Exec as Vice President We now know the first retailer that is going to sell this product, and it is a posh one. These earbuds will launch in the UK first and will be sold by Selfridges, which is a chain of high-end department stores in the country. Their store in Oxford Street, London is the…

The cabinet approved the issuance of Islamic Sukuk bonds and leases on Tuesday. The move comes in a bid to promote Islamic banking (IB) in the country. The Ministry of Finance had proposed pledging of Islamabad-Peshawar Motorway, Pindi Bhattian-Faisalabad Motorway, and Islamabad Expressway along with two major airports, Islamabad and Lahore for issuance of domestic and international Sukuk bonds.  ALSO READ Govt to Issue Domestic and International Ijara Sukuk Worth $3.5 Billion The cabinet approved the proposal and suggested that the ministry may fix more assets in it. To date, the Finance Division has undertaken 32 domestic and four international…

An explosion occurred in Johar Town, Lahore claiming the lives of two people and injuring seventeen others. The injured have been shifted to the Jinnah Hospital via private cars and auto-rickshaws. According to an eyewitness, a motorcycle was parked by an unidentified individual near the house which later exploded. Here is the video of the eyewitness explaining the scene of the blast: Eyeewitness-Account According to the details, witnesses saw glass windows of nearby houses and buildings shattering due to the explosion. One of the buildings has been severely damaged while the nearby parked cars have been affected as well. Here…

Foreign investors brought $925.28 million in local currency debt securities during the outgoing fiscal year (July 202 to June 2021), according to the State Bank of Pakistan’s (SBP) data. The inflow of debt came primarily due to higher yields as compared to global alternatives. Furthermore, the combined inflows in the Market Treasury Bills (MTBs) and Pakistan Investment Bonds (PIBs) from the foreign investors were higher than the outflows, showing a positive appetite for Pakistan’s debt securities. With the inflow north of $925 and the outflow clocking in at $901.05 million for Pakistan’s short-term and long-term papers, the net inflow was…

The Civil Aviation Authority (CAA) will increase the duration between domestic flights to minimize the influx of passengers in the departure lounges at airports across Pakistan. The decision was taken after the National Command and Operation Centre (NCOC) found serious violations of the COVID-19 standard operating procedures (SOPs). ALSO READ Multiple Karachi Airport Flights Rescheduled NCOC has directed CAA to take action against these violations, hence, the latter has decided not to conduct more than two flights at a time, and has permitted four to five flights within two hours. The Airports Security Force (ASF) and airport managers (APMs) will…

Peshawar Zalmi had to briefly field with ten men after one of their stunts was failed by the on-field umpires. Peshawar reportedly faked Mohammad Irfan’s hamstring injury after he had bowled his quota of overs, and wanted to replace him with a better fielder, Haider Ali, for the second part of the innings. However, the plan failed after umpire Aleem Dar refused 20-year-old Haider Ali as a substitute for 39-year-old Mohammad Irfan. ALSO READ PSL 2021 Eliminator 2: Zazai-Wells Stand Takes Peshawar Into the Final As per details, Irfan first pulled a hamstring while bowling the penultimate delivery of the…

A new Weibo leak claims that the Huawei P50 series may launch next week. The date was revealed through a leaked binary code from Huawei (1011011001), which converted into 729, hinting at a June 29 launch date. ALSO READ Huawei Mate 50 is Delayed to 2022 The Huawei P50 series is expected to include the P50, the P50 Pro, and the P50 Pro+. Another leak from Weibo points out that the Huawei P50 may be limited to 4G connectivity due to supply constraints. 5G support is rumored to be exclusive to the P50 Pro and Pro+ models. All of these…

Three new varieties of sugar-free mangoes with four to six percent sugar levels have been introduced in Pakistani markets for diabetics. A Pakistani mango expert conducted scientific modifications of mangoes at a private agriculture farm in Tando Allahyar, Sindh, and produced three varieties of sugar-free mangoes. The M H Panhwar Farms conducted research on and scientifically modified mangoes for five years. The resultant mango varieties have been named Sonaro, Glenn, and Keitt, and are available in the local markets. The availability of sugar-free mangoes is a relief for diabetics because most of the calories in mangoes come from sugar. ALSO READ…