Tech and Telecom

Crypto stocks continue to take big hits after China’s hard stance against the asset adds to recent Bitcoin price woes. Added to that, Tesla maverick Elon Musk’s sheepish tweets over the weekend caused all hell to break loose in the crypto streets, resulting in panic buyouts and switches to lower market caps. At the time of writing, the BTC has come crashing down to a humiliating 4-month low of US$39,500, plummeting 30% since hitting its all-time-high of $63,729 in April. ALSO READ I Have Been Hired as a Crypto Expert by KP Govt: Waqar Zaka The story was similar in…

Pakistan is considering establishing a regulatory authority for food control to monitor rising inflation. According to the details, the government is considering different proposals on the models of the USA, UK, Australia, and India, one of which is the establishment of the Pakistan Food Authority (PFA). There is no food regulatory authority in Pakistan, presently, which is why the authorities are mulling over establishing PFA to have a single food market under one law. ALSO READ Restaurants Demand 24/7 Indoor/Outdoor Dining Currently, independent federal regulatory authorities govern and regulate different commodities and services in the country including drugs, electricity, oil,…

Saudi authorities said on Tuesday that they are upholding permit conditions pertaining to COVID-19 for all the pilgrims that want to perform Umrah and Hajj. As per a statement issued by the Ministry of Hajj and Umrah, all the relaxations that had been allowed during the holy month of Ramadan have been discarded in consideration of the re-emergence of the COVID-19 situation in the SAARC and Gulf countries. ALSO READ Saudi Arabia Announces Its Decision on Hajj This Year The statement explained that only aspirants who have received either their first or second COVID-19 vaccinations will be allowed to perform…

Former captain and current commentator, Ramiz Raja, believes that there is a lot of confusion in the Pakistan cricket team management which has hindered the progress of Babar Azam as captain. Raja said it is high time for Babar to step up and take charge of the team. ALSO READ Shoaib Akhtar Unhappy With Rizwan’s Role in Pakistan Team Raja believes that the current team management has not made the right selection choices, failing to establish the perfect playing XI for the limited-overs formats. Raja was highly critical of the team’s performance in white-ball cricket against Zimbabwe. The 58-year-old said…

The government has announced new profit rates on the National Saving Schemes effective from 10 May 2021, according to a notification issued by the Ministry of Finance. The profit rate on the Shuhada Welfare Account and the pensioners benefit accounts has been revised to 11.04 percent per annum. ALSO READ LHC Dismisses Petition to Delay Discontinuation of Prize Bonds The monthly profit rate on the regular income certificates has also been revised — for certificates of Rs. 100,000 denomination, the monthly profit will be Rs. 720. Additionally, for a short-term saving certificate of the denomination Rs. 100,000, the profit will…

The Pakistan Restaurants Unity Association (PRUA) has demanded the government to withdraw its decision to ban indoor and outdoor dining to lessen the suffering of both the businesses and people associated with the sector. The PRUA Chairman, Aamer Rafique Qureshi, addressed a press conference at the Lahore Press Club and urged the government to allow indoor and outdoor dining and takeaway services around the clock seven days a week. He said that opening restaurants ’24/7′ will reduce the gatherings of people and will ultimately mitigate the transmission of the coronavirus. He lamented about the restrictions that had been imposed amidst the…

Veteran all-rounder, Shoaib Malik, believes that Pakistan’s all-format captain, Babar Azam does not have the full authority and the major decisions of the team are not taken by him. Malik said that Babar is like his younger brother and he hopes that Babar can take the team to new heights. ALSO READ Shoaib Akhtar Unhappy With Rizwan’s Role in Pakistan Team Malik said “Babar Azam is like a younger brother to me, he has played a lot of cricket under me and also alongside myself so I am aware of his nature; so when he does take decisions (by himself),…

Panasonic has launched its new rugged tablet, the TOUGHBOOK S1, with mid-range specifications and a bulky construction. Even though the device does not come with the latest 2021 mid-range features, it will suffice. Design and Display Like most rugged gadgets, the Panasonic TOUGHBOOK S1 has a bulky construction which is not surprising considering it is designed to take a beating. The buttons are big, there are flaps covering the ports, and the screws holding it together are visible. The tablet has an IP65/67 rating and is MIL-STD-810H certified. It can also support drops from up to 5 feet. The display…

Pakistan Bureau of Statistics (PBS) released the final results of the sixth Population & Housing Census-2017, showing that Pakistan’s population is 207.68 million (with -0.043 percent difference with provisional results) and population growth rate of 2.40 percent from 1998 to 2017 with 106.3 million males and 101.3 million females. PBS uploaded the final results of the 6th population Census on its website stated that the Council of Common Interest (CCI), in its meeting held on April 12, 2021, approved the final results of Census-2017. The Census results are exclusive of Azad Jammu & Kashmir and Gilgit-Baltistan. According to the results,…

A set of petitions filed against the federal government’s decision to discontinue prize bonds of Rs. 7,500  was dismissed by the Lahore High Court (LHC). The decision came when there were two days left for the scheduled draw. ALSO READ FBR Given Tax Collection Target of Rs. 357 Billion for May 2021 The petitions had stated that the government’s decision was unlawful and discriminatory, and the petitioners had requested the court to allow the sale and purchase of the bonds. According to the argument of the complainants, the prize bonds draw had been scheduled for 2 May but the government had…