Author: admincapital

15 August 2024 – ISLAMABAD – In line with the vision of the Prime Minister and the Federal Government to enable job creation for the youth and prioritise the technology sector, Special Technology Zones Authority (STZA) is pleased to announce the notification of four (4) new Special Technology Zones (STZs) with a focus on Business Process Outsourcing, Information Technology, High-tech Production, Research and Development, Tech Skill Development and Knowledge Products. These four new zones consists of 1.4 Million Sqft high-quality tech infrastructure and 130 acres of land available for exclusive use of the technology companies. An investment of PKR 30…

ISLAMABAD, August 9: The Competition Commission of Pakistan (CCP) has passed an order imposing a fine of PKR 60 million on Unilever Pakistan for airing deceptive claims through television commercials for its hygiene and cleansing products, ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash’. The Commission’s bench has disposed of proceedings about a show cause notice issued to Unilever Pakistan for prima facie violations of Section 10 of the Competition Act of 2010 that prevents businesses from engaging in deceptive marketing tactics based on misleading information or false claims. Enforcing prohibition against deceptive marketing is one of the core…

Islamabad, Pakistan – August 6, 2024 – The World Economic Forum (WEF) has completed its Global Executive Opinion Survey for the year 2024-25. This year’s survey included senior executives, professionals, the business community, and policymakers. A selection of large, medium, and small enterprises were reached out to express their opinion on the country’s public and private sector progress over the past 12 months. The findings from this survey will contribute to several critical WEF reports, including the Global Growth Report, Global Risk Report, Global Competitiveness Index, Global Information Technology Index, Global Gender Gap Report, and the Travel and Tourism Development…

A consultative meeting was held at the Rawalpindi Chamber of Commerce and Industry (RCCI) to address the ongoing flour crisis and the withholding tax deadlock between the Flour Mills Association and the Federal Board of Revenue (FBR). Participants, including representatives from the Flour Mills and RCCI leadership, expressed serious concerns about the newly imposed 5.5% withholding tax on flour mills and the additional 2.5% taxes on flour sales to wholesalers and retailers. They feared that these taxes would significantly increase the cost of flour by approximately Rs8-10 per kilogram. The attendees demanded that the government withdraw the newly imposed withholding…

This update enhances user experience for Meta’s instant messaging app, particularly when making calls WhatsApp is preparing to introduce a new and improved interface for the bottom calling bar, following its recent update to the calling screen interface. According to WABetaInfo, the popular instant messaging app owned by Meta will be rolling out a revamped bottom for the calling screen, featuring improved button visibility with a semi-transparent background. Users who have not yet received this update should expect it to become available in the coming weeks, even though it has not beem officially mentioned on the changelog. This update is aimed…

Shabana Mahmood, a British-Pakistani with Kashmiri heritage and Member of Parliament (MP) for Birmingham, has been formally inaugurated as the United Kingdom’s new Lord Chancellor. The swearing-in ceremony took place at the Royal Courts of Justice in London on Monday. As reported by the media, Justice Secretary Mahmood vowed to “defend the international rule of law and uphold human rights.” The 43-year-old Labour Party member announced her appointment on social media platform X, expressing her honor in taking on the role. She emphasized her commitment to safeguarding the judiciary from external influences, stating, “I will be a champion of the…

On Monday, U.S. District Judge Aileen Cannon dismissed the classified documents case against former President Donald Trump. She ruled that the case could not proceed because the appointment of special counsel Jack Smith was unconstitutional. “The Superseding Indictment is DISMISSED because Special Counsel Smith’s appointment violates the Appointments Clause of the United States Constitution,” wrote Judge Cannon, who Trump appointed. Special counsel Jack Smith had opposed this argument, and other federal courts had previously upheld the constitutionality of special counsels.

An Israeli strike killed at least nine people in the southern Gaza city of Khan Younis, Palestinian health officials reported on Tuesday. This occurred within a day of Israel ordering evacuations in parts of the city ahead of a potential ground operation. The overnight strike targeted a home near the European Hospital, which is within the evacuation zone designated by Israel. Records from Nasser Hospital, where the casualties were taken, indicate that three children and two women were among those killed. Associated Press reporters at the hospital confirmed the count of the bodies. Despite initial evacuation orders excluding the European…

Indian Prime Minister Narendra Modi is set to visit Moscow next week, marking his first visit since Russia’s invasion of Ukraine. This trip underscores the deepening relationship between India and Russia, even as India maintains strong ties with the United States. Modi will be in Moscow on July 8 and 9, following an invitation from President Vladimir Putin, according to India’s Ministry of External Affairs. During the visit, they will discuss “contemporary regional and global issues of mutual interest.” Reports of Modi’s visit first surfaced last month through Russian state media, citing Kremlin officials. India remains significantly dependent on Russia…

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. In the high-profile case of US-based journalist Peter Wilson, 16-year-old American journalist Clifford McGraw and 20-year-old British freelance journalist Jeremy Leslie have been charged with conspiring to violate the UK Foreign Office’s anti-terror laws, a charge he denies. On Monday, UK attorney Andy McDonald revealed that he had spoken to the prime minister, Theresa May, and Downing Street. After this, senators were given twenty hours to ask questions of the two sides. Anthony…