Business

Web Desk — Renowned Indian Multinational Tata has announced to build a gigafactory in United Kingdom to manufacture batteries, as nations accelerate away from fossil fuel vehicles. It will be Tata’s first gigafactory outside India in the county of Somerset, southwest England. The 4 billion pound UK plant will become one of Europe’s largest battery-cell manufacturing sites with a capacity …

Web Desk — In a report released on Tuesday, IMF says Pakistan needs another International Monetary Fund (IMF) programme and support from other multilateral lenders beyond the coming election cycle and the ongoing standby arrangement. IMF has issued a 120-page report analysing Pakistan’s macroeconomic outlook. The report says that resolving Pakistan’s structural challenges, including long-term BOP [balance of payments] pressures, …

Web Desk — Suzuki’s most-selling brand Alto still enjoys a healthy share in the Pakistani market due to being economical and fuel efficient. Suzuki Alto has undergone several facelifts since its launch in 1979 in Pakistan. Pak Suzuki, in 2021, launched Alto’s ninth-generation model featuring a boxier design, new engine options, and other modern features. Alto is popular in the …

Web Desk — Twitter’s new feature compensates content creators by sharing the ad revenue generated from advertisements displayed in responses to their tweets. The eligibility criterion for earning money on Twitter is as follows: . You must have Twitter Blue or be affiliated with verified organizations.. You must have at least 5 million tweet impressions in the last 3 months.. …

Web Desk — With its popular variants in the market, Pak Suzuki is one of Pakistan’s leading automakers. Due to its stunning look and stylish interior, the fourth-generation Suzuki Swift also holds a healthy share of the market. Suzuki Swift Variants You can enjoy Suzuki Swift in three variants: GL, GL (CVT), and GLX (CVT). This vehicle is available in …

Web Desk — The Punjab Excise and Taxation Department has shared the revised registration fees and withholding tax rates for vehicles. The aim behind the revised rates is to streamline the taxation system and provide relief to vehicle owners. As described in a recent circular, the registration fee for vehicles with engine capacities ranging from 1501cc to 2000cc has been …

Web Desk — Taking advantage of an end to import restrictions, the Pakistani business community plans to boost the local food industry. Many local production units leading several Pakistanis have decided to sign Joint Venture (JV) agreements following the recent dollar crisis. Most of such deals were done with their counterparts from Thailand. Senior vice president Lahore Chamber of Commerce …

Web Desk — Federal Information Technology Minister, Syed Amin ul Haque says that Pakistan’s IT-related exports are expected to reach $15 billion per annum from the existing $2.6 billion in the next three years if the current facilitation policy remains intact. The minister, while speaking in the National Assembly, said IT export was $1.4 billion in the fiscal year 2019-20, …

Web Desk — Pak Suzuki Motor Company’s (PSMC) motorcycle and four-wheeler plants will remain closed from June 22 to July 8. The company, while giving the reason for the plant closure, says it is facing an acute shortage of parts and other accessories owing to a mechanism the State Bank introduced in May 2022. According to this mechanism, the auto …

Web Desk — Telenor Summer Internship Program 2023 is a fantastic opportunity for you if you are looking for an internship to make your summers exciting and productive? Starting this July, the Telenor Summer Internship 2023 is an eight-week-long program for Pakistani students. By participating in this program, the interns will not only become part of a global company but …