During Friday’s opening trading hours, the Pakistan Stock Exchange (PSX) increased by 1,000 points to approximately 48,900. After global stock market index provider Morgan Stanley Capital International (MSCI) announced that a record 15 Pakistani listed businesses would be included in its MSCI Frontier Market Index, the market attracted a significant amount of fresh buying from … Read more
On Friday, domestic gold bullion prices decreased, with 24-karat gold falling by Rs400 to reach Rs222,400 per tola. The price of 10 grams of 24-karat gold, according to the Karachi Sarafa Association, was Rs190,672 per tola, a decrease of Rs343 per tola. In contrast, the price of silver held stable in the local market, closing … Read more
Texas Central Partners and Amtrak have declared that they are looking at ways to advance planning and analytical work for the envisioned 205 mph high-speed rail link between Dallas and Houston. Less than 90 minutes would be needed to travel between the two largest cities over the roughly 240-mile route. Additionally, it would enhance the … Read more
For the Digital Rail Germany (DSD) Digital Node Stuttgart pilot project, Baden-Württemberg will receive 28 three-car electric Mireo regional trains from Siemens Mobility. The newest digital technology, such as Level 2 (GoA 2) Automatic Train Operation (ATO) and the automatic European Train Control System (ETCS), will be installed in the trains. The Mireo units will … Read more
ISLAMABAD-Sui Southern Gas Company Limited (SSGC) customers will face a gas shortage for approximately 16 days (August 12-27), as the company’s supplies will be significantly impacted by yearly maintenance and shutdown at the gas field. According to an SSGC spokesperson, the shutdown will cause a 107 mmcfd shortage over the entire Annual Turnaround Plan (ATA) … Read more
A senior government official stated that by December 2023, the trains will replace fossil fuels with grid electricity at all 411 maintenance pits. According to The Economic Times (ET), by electrifying all pit lines on its network, Indian Railways hopes to save 200,000 liters of diesel every day. Pit lines are areas where train compartments … Read more
The insurance coverage for passengers traveling on Pakistan Railways (PR) has been extended from Rs. 1.5 million to Rs. 2.5 million. The most recent news from the media indicates that the families of the passengers who were killed in the recent train tragedy will receive Rs. 2.5 million as compensation. In the case that the … Read more
Former Pakistani diplomat Abdul Basit claims that Ambassador (R) Jalil Abbas Jilani has been appointed as Pakistan’s caretaker prime minister. Aaj News sources in Islamabad confirmed the claim, saying Jilani was a strong contender for the caretaker prime minister job. They also said he arrived at the Prime Minister’s House on Wednesday afternoon. According to … Read more
The current gold rate in Pakistan on August 11, 2023, is recorded at Rs. 220,000 per tola for 24-karat gold. Additionally, the price of 10 grams of gold is at Rs. 188,615 on the local bullion market. The following information pertains to the current market value of gold in Pakistan, specifically for 24-karat gold, as … Read more
The sleek 150 and the music-focused 130 are two brand-new models that HMD Global is presenting as part of an upgraded selection for the Nokia feature phone line. Aesthetics and endurance are balanced in the Nokia 150 (2023). The phone’s construction, made of coloured polycarbonate, prevents problems like paint chipping and surface scratching. It also … Read more