Day: June 13, 2022
Pakistan
Pakistan Railways procured 230 modern high speed passenger coaches from China
Pakistan Railways has purchased 230 modern passenger carriages in order to improve and modernize the Railway system and serve customers with better and latest facilities. The 230 coaches will comprise 80 economy class coaches, 80 air-conditioned standard coaches, 30 parlour cars, 20 luggage vans and 20 brake vans. According to a Ministry of Railways official, […]
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Pakistan
Electricity prices increased for April by Rs. 3.99 as fuel adjustment charges
- June 13, 2022
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The National Electric Power Regulatory Authority (Nepra) allowed ex-Wapda distribution companies (Discos) to charge their customers an extra Rs. 3.99 per unit in fuel charges adjustment for April on Monday. It means that the Electricity Prices are increase more by Rs. 3.99. Discos charged consumers a reference fuel pricing of Rs6.61 per unit in April, […]
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Business
Global
Bitcoin fell again to reach $25000, taking down stock market with it
- June 13, 2022
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Bitcoin fell again and this time to an 18-month low of around $25,000, months after hitting a record high, as investors shied away from riskier assets in the face of a worldwide market selloff. The cryptocurrency was also hit hard by the announcement that bitcoin lending platform Celsius Network had halted withdrawals due to turbulent […]
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Pakistan
Panic spreads as Sindh, Punjab barrages suffer water shortage and Tarbela, Mangla reach dead level
The country’s water crisis has surpassed a 22-year record, with provinces experiencing a 50 percent water scarcity and reservoirs experiencing a 97 percent water shortage. Low temperatures in the northern regions have caused 56 percent less water to enter the rivers, according to the Indus River System Authority (IRSA). IRSA data also shows that Tarbela […]
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Technology
TikTok studio buys Pico, VR manufacturer to compete with Facebook and other platforms
ByteDance, the parent firm of TikTok, is planning to join the virtual reality (VR) industry. According to a Protocol report, ByteDance plans to invest “hundreds of millions of dollars” in VR-related content, according to a source familiar with the issue. Tiktok is the leading short video platform in the world and is now even more […]
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