Meta’s in-house Iris AI chip will power Facebook and Instagram under its four-generation MTIA programme People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power…
The court issues permanent arrest warrants for the absconding co-accused Adil Zaman KARACHI: An Additional District and Sessions Court on Thursday sentenced the prime accused, Atif Zaman, to death in the murder case of anchorperson Mureed Abbas and his friend Khizer Hayat, nearly seven years after the killings. On July 09, 2019, Abbas and Hayat…
KARACHI: The Sindh Assembly’s Public Accounts Committee (PAC) was informed on Wednesday that the Rs61.985 billion Right Bank Outfall Drain-II (RBOD-II) project has been declared non-feasible and structurally compromised, despite the expenditure of over Rs40 billion, triggering the Provincial Irrigation Department to refuse further work on the scheme. The 273-kilometre project, stretching from Sehwan to…
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Wednesday addressed a gathering of Pakistani-American business leaders in Chicago, comprising 20 entrepreneurs, technologists and financiers, of which more than a third were former Fortune 500 executives, and invited them to bring their capital, networks and expertise to Pakistan. The minister stressed that…
The burial in Mashhad in northeast Iran follows a week of mass funeral processions, rallies and mourning ceremonies People carry the coffin of Iran’s late Supreme Leader Ayatollah Ali Khamenei, who was killed on February 28 in Israeli and US airstrikes, during his funeral procession, in Karbala, Iraq, July 9, 2026. PHOTO: REUTERS Iran buries…
Prime Minister Shehbaz Sharif chairs a meeting of the Provincial Apex Committee under the National Action Plan to review the security situation in Balochistan in Quetta. PHOTO: GOVT OF PAKISTAN Prime Minister Shehbaz Sharif is chairing a meeting of the Provincial Apex Committee under the National Action Plan (NAP) in Quetta to review the security…
ISLAMABAD: Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan has emphasised that small and medium-scale enterprises (SMEs) constitute the backbone of Pakistan’s economy and remain central to the strategy for sustainable economic development. He said the government was undertaking comprehensive measures to empower SMEs, improve ease of doing business and…
Gold prices rose in both international and local markets on Thursday, while silver prices remained stable. In the international bullion market, the price of gold increased by $36 per ounce to reach $4,113. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola in the local market rose by…
ISLAMABAD: The Federal Constitutional Court (FCC) has held that private land acquired for a specified purpose may not, as a general rule, be diverted to a different purpose at the discretion of the beneficiary or its successor-in-interest. “Although we have no hesitation to observe that the acquisition of land under the Act being an exercise…
ISLAMABAD: The International Monetary Fund (IMF) on Wednesday kept Pakistan’s economic growth forecast unchanged at 3.5% for the new fiscal year, while warning about the possibility of a renewed Middle East conflict that could heighten price volatility. In an update to its World Economic Outlook (WEO) report, the IMF showed Pakistan’s economic growth rate at…