Tag archives for billion
CDWP permitted 15 projects worth Rs 32.5 billion
The Central Development Working Party (CDWP) permitted a total of 15 development projects worth Rs billion aimed to perk up the nation's progress. The CDWP projects taken up were related…
PM reinforce 2 billion grant for research institutions
Prime Minister’s National Task Force on Science and Technology Chairman Professor Atta-ur-Rahman recommended the government to increase the grants for research institutions and also suggest to readjust the total budget…
Microsoft to invest $1 billion in OpenAI for Azure AI
Microsoft is to invest $1 billion in OpenAI co-founded by Elon Musk in a partnership intended to develop Azure AI technology for supercomputers. The deal with Microsoft involves cooperation on…
Battery recycling sector likely to exceed 15.6 billion next year
A report compiled by three expert bodies, including the Institute of Process Engineering at the Chinese Academy of Sciences and the Chinese Research Academy of Environmental Sciences, suggests that the…
Worldwide 0.9 ha land would suitable for reforestation
Around billion hectares of land worldwide would be suitable for reforestation, which could ultimately capture two thirds of human-made carbon emissions. The Crowther Lab of ETH Zurich has published a…
Comsats initiated 1 billion Rs. project on AI
Artificial intelligence the future of upcoming generation vigorously grows worldwide. Considering this, Comsats Islamabad University (CUI) has initiated a 1 billion Rs. project to endorse and put forward the premium…
MoCC, IUCN national workshop on 10 billion tree tsunami
Ministry of Climate Change and IUCN Pakistan in collaboration organized a two days National workshop on July 8 - 9, 2019 at Islamabad. The workshop objective is to draw out…
UVAS syndicate approves Rs 3.295 billion budget
The Syndicate of University of Veterinary and Animal Science Lahore approved Rs billion budget for the financial year 2019-20 with focus on Innovation, research, development, improving facilities for quality of…
Amazon with $315.5 billion beats Google and Apple
With a brand value of $ billion, Amazon is now more valuable than Apple and Google, according to BrandZ Top 100 most valuable global brand ranking 2019. Apple comes second…
E-commerce hike Pakistan Post revenue by 6 billion
Pakistan Postal service revenue has increase from Rs. 8 billion to Rs. 14 billion within a year. Soon Pakistan Post is going to launch a new pilot project globally named…
Cotton farmers endure a yearly loss of Rs52 billion
As cotton had a very momentous role in our nation’s economy but unfortunately, cotton farmers suffered a yearly loss of Rs52 billion due to lower prices offerings of the commodity.…
K-Electric receivables ballooned to PKR 158.8 Billion
The outstanding receivables due to K-Electric (KE) have ballooned to a massive PKR Bn on account of outstanding payments from various Federal and Provincial public sector. Entities including Karachi Water…
Govt grant Rs290bn for agri emergency programme
Federal Cabinet meeting chaired by Prime Minister Imran Khan has given approval on several schemes including 290 billion budget for National Agriculture Emergency Programme for the enhancement of agriculture across…
Uber set to acquire Dubai-Careem for $3.1 Billion
US ride-hailing giant Uber is set to announce $ billion acquisition of its Dubai-based rival Careem in a cash and stock deal. Uber will be paying $ billion in…
40 billion yuan in high-tech infrastructure
The city of Wuhan, capital of central China's Hubei province, will invest 40 billion yuan (about US$6 billion) to provide key support to the development of high-tech infrastructure by 2022,…
PSO reports profit after tax of Rs. 4.2 billion in 1H FY19
The Board of Management (BOM) of Pakistan State Oil Company Limited (PSO) has reviewed the performance of the Company for first half of the financial year 2019 (1HFY19) in its…
China develops optic fibers that can carry 30 billion simultaneous phone calls
Chinese researchers have developed an optic fiber that can carry 30 billion phone calls simultaneously, making the country one of the leaders in the ultra-high speed data transmission ; The…