Tech and Telecom

Chief Minister Maryam Nawaz has mandated the installation of biometric machines in hospitals to ensure the attendance of doctors, medical staff, and nurses. Presiding over a meeting on Wednesday, she emphasized that hospital administrations should actively manage their facilities rather than remain confined to their offices. The chief minister ordered the strict implementation of monitoring measures using modern technology, including the geo-tagging of drug stores and medicine shops. “Presence of doctors and medical staff in every public sector hospital should be ensured. We have decided to impose fines, imprisonment, and closure of businesses involved in selling fake, substandard, and spurious…

Renewables First (RF), a leading think tank for energy and environment, successfully hosted a pivotal event titled “Renewable Energy Finance Insights – Assessing Risks in a Changing Landscape” on June 11th, 2024, in Islamabad. This initiative aimed to bridge the gap between financial sector stakeholders and power sector policymakers, fostering a collaborative dialogue on critical issues, particularly the high cost of financing for solar and wind energy in Pakistan. Pakistan has made notable strides in utility-scale solar and wind projects; however, attracting further investments remains a significant challenge due to Pakistan’s risk profile and macroeconomic conditions. To address these issues,…

The country will spend around Rs 9.775 trillion on debt servicing including interest payments and retiring its principal amounts during the next financial year 2024-25 which is 51.8 percent of the total budget outlay of Rs 18.877 trillion. The government has earmarked Rs. 9.775 trillion in the budget 2024-25 against Rs. 7.302 trillion for the current fiscal year which was later revised to Rs. 8.251 trillion. During the budget year 2024-25 on foreign debt servicing, the country will spend Rs. 1.038 trillion against Rs. 872.219 billion allocated for the current fiscal year which was later revised to Rs. 1.039 trillion.…

The Ministry of Education will get Rs. 25.75 billion or a 203 percent higher budget in fiscal year 2024-25 compared to Rs. 8.5 billion in FY23. According to the federal budget 2024-25, the government has allocated s. 66.3 billion for the Higher Education Commission, 11 percent higher than Rs. 59.7 billion in the outgoing fiscal year. The government has earmarked Rs. 103.781 billion for Education Affairs and Services in the federal budget for 2024-25 against the revised allocation of Rs. 103.684 billion for the current fiscal year, showing an increase of less than one percent (0.9 percent). The cumulative education…

Have you ever scrolled through a website and just sighed? ICE Animations understands that frustration, which is why they’ve completely revamped their website to better cater to their audience’s needs and expectations. The new site reflects their commitment to providing animation, VFX, and gaming services. Why the Change? The animation and visual effects industry is constantly evolving, and ICE Animations is dedicated to staying at the forefront of these advancements. The revamped website embodies this commitment to innovation and progress. It not only showcases the company’s work and creative advancements but also highlights its dedication to leading the industry. ICE…

The federal Ministry of Interior has announced a significant recruitment drive for the Islamabad police, offering hundreds of job opportunities. The vacancies include 918 positions for executive staff and 195 for ministerial staff. Ministerial Staff Vacancies Assistant: 19 posts Stenotypist: 22 posts Data Entry Operator: 5 posts UDC: 16 posts LDC: 23 posts Naib Qasid: 18 posts Follower: 92 posts ASI Positions Total: 118 positions Minimum Qualification: BA/B.Sc or equivalent from a recognized university. Physical Standards Minimum Height: Men – 5 ft 7 inches, Women 5 ft 2-inch Chest (for men): 33×34½ inches Endurance Test: 1.5 miles in 10.5 minutes…

The Pakistan Stock Exchange gained over 2,100 points in the first 2 hours of trade as buyers flocked to the market after the federal government’s market-positive budget presentation on Wednesday. After opening trade at 72,797 points, the benchmark KSE-100 index went up by 3 percent or 2,141 points at 11:13 AM to 74,947. The trend remains strong with the current draw on liquidity at 75,000 now within touching distance once again. The market is clearly responding well to the minor changes in Capital Gains Tax (CGT) for tax filers. New taxes targeting non-tax filers, as well as some retailers and…

At the InfoComm expo in Las Vegas this year, Samsung unveiled a new type of TV. It’s still under development, but it could be available for purchase soon. This TV uses a special screen technology called color e-ink, similar to what you might see on an e-reader. It’s designed to show advertisements or announcements in offices, stores, and outdoors. The technology here is impressive as the screen is 32 inches wide has 2K resolution and can display up to 60,000 colors. Despite its size, the TV is thin and lightweight, weighing only 2.9 kg without the battery and measuring 17.9…

The federal government has proposed significant tax relaxations on importing raw materials for solar panels and the aquaculture industry as part of the fiscal year 2024-25 budget. Finance Minister Muhammad Aurangzeb announced during his budget speech in the National Assembly on Wednesday. To boost local manufacturing of solar panels, the government has decided to provide tax exemptions on the import of plants, machinery, raw materials, and parts used in the production of solar panels, inverters, and batteries. Similarly, to support the growth of the aquaculture industry, the government has proposed tax relaxations on the import of feed and seed for…

The federal government hasn’t factored in any budgetary support from the International Monetary Fund (IMF) and Saudi Arabia in the upcoming fiscal year. A total of Rs. 5.906 trillion is budgeted from external resources for 2024-25 compared to the revised estimates of Rs. 5.035 trillion in the outgoing fiscal year – a rise of 17 percent and almost 18 percent lower than the budgeted Rs. 7.169 trillion for the outgoing fiscal year. According to the Finance Bill 2024, this includes Rs. 1.144 trillion borrowing from commercial banks abroad against Rs. 1.305 trillion for 2023-24 which was later revised to Rs.…