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October 10, 2024
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Electricity tariff cut on the horizon as contracts ended with five IPPs

Energy Minister Awais Leghari addresses press conference in Islamabad, October 10, 2024. — Radio Pakistan  ISLAMABAD: The federal government is aiming to cut the electricity tariff by up to Rs10 after the termination of power purchase agreement with five independent power producers (IPPs) which it believes would save the national exchequer Rs411 billion. “We will […]

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October 10, 2024
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Different sectors involved in sales tax evasion worth Rs3.4 trillion: Aurangzeb

Finance Minister Senator Muhammad Aurangzeb (left) and FBR Chairman Rashid Mahmood Langrial address a press conference to brief FBR study regarding sales tax evasion in Islamabad on October 10, 2024. — PID Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Thursday highlighted a massive sales tax evasion worth Rs3.4 trillion out of a […]

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October 10, 2024
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Southgate vows year off before coaching return

Rob Dawson, CorrespondentOct 10, 2024, 06:14 AM ET Former England manager Gareth Southgate has ruled out returning to coaching for at least year despite interest from Manchester United should they decide to sack Erik ten Hag. Southgate resigned as England boss after leading the Three Lions to the final of the European Championship in the […]

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October 10, 2024
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Astrosat, Nasa observatories find how black hole’s stellar debris disk bombards orbiting object

BENGALURU: India’s AstroSat, Nasa’s space observatories, and other international telescopes have captured a dramatic cosmic event involving a massive black hole and stellar wreckage. The discovery provides valuable insights into two previously mysterious phenomena: tidal disruption events (TDEs) and quasi-periodic eruptions (QPEs).“A massive black hole has torn apart one star and is using that stellar […]

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October 10, 2024
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TCS Q2 Results: IT firm's net profit up 5% YoY to Rs 11,909 crore

Tata Consultancy Services (TCS) posted a 5% rise in its consolidated net profit for the second quarter of the fiscal year 2025, which ended in September. The company’s net profit reached Rs 11,909 crore, up from Rs 11,342 crore in the same period last year. However, this result was slightly below market expectations, as analysts […]

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October 10, 2024
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Climate change made deadly Hurricane Helene more intense: study

WASHINGTON: Hurricane Helene‘s torrential rain and powerful winds were made about 10 percent more intense due to climate change, according to a study published Wednesday by the World Weather Attribution (WWA) group.Although a 10 percent increase “might seem relatively small… that small change in the hazard really leads to big change in impacts and damage,” […]