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Gautam Adani, Chairman of the Adani Group, has overtaken Mukesh Ambani, Chairman of Reliance Industries, to become Asia’s wealthiest individual once again. This news comes according to the Bloomberg Billionaires Index as of June 2nd. Gautam Adani currently holds the 11th spot globally with a net worth of $111 billion, while Ambani follows closely behind […]
In a significant shift within the tech industry, NVIDIA has reached a historic milestone. The company’s market capitalization, a measure of its total market value, has surpassed that of Amazon and Tesla combined. As of today, NVIDIA boasts a staggering $2.75 trillion valuation. This remarkable feat is attributed to NVIDIA’s strategic focus on artificial intelligence […]
In a continuing battle for the world’s second-richest person title, Amazon founder Jeff Bezos regained the spot last week, on Wednesday, according to the latest rankings by the Bloomberg Billionaires Index. This comes just one day after Tesla CEO Elon Musk briefly held the position. Billionaires battle! Top 2 keep swapping Jeff Bezos’s current net […]
Pakistan’s total debt and liabilities have reached an alarming new peak, raising concerns about the country’s fiscal health. According to data released recently, the national debt has ballooned to nearly Rs.81 trillion (approximately $467 billion USD). This staggering figure represents three-fourths of Pakistan’s entire economy and surpasses the limit set by the Fiscal Responsibility and […]
In a significant development, India and Iran signed a 10-year agreement for the development and operation of Iran’s Chabahar port. This strategic move by the Indian government strengthens ties with the Middle Eastern nation. $370 million boost for strategic Chabahar port! Located on the Gulf of Oman in southeastern Iran, Chabahar port offers a vital […]
In response to the ongoing genocide in Gaza, Pakistani consumers have taken a stand by boycotting international brands perceived to be financially supporting the situation. This movement has led to a surge in support for local businesses, with several companies introducing innovative products to cater to the needs of boycotting consumers. Gaza crisis? Pakistani brands […]
A new cola brand, ‘Palestine Cola’, has seen sales skyrocket in just two months, reaching millions of cans sold. The company attributes this success to the growing boycott movement against Israeli-backed brands like Coca-Cola and PepsiCo. Coke & Pepsi? Try Palestine’s new cola! Founded by three Palestinian-Swedish brothers, Palestine Cola offers a drink alternative with […]
The recent trophy hunting season conducted by the Forest, Parks, Wildlife, and Environment Department of Gilgit-Baltistan has generated a revenue of Rs.300 million. The hunting season takes place annually from November to April and is regulated by the Gilgit Baltistan Wildlife Act of 1975. High bids for Astore Markhor permits! In October of 2023, the […]
In recent news, the Prime Minister of Pakistan, Shehbaz Sharif, has emphasized the need for enhancing revenue collection in the country. He believes that with collective efforts, Pakistan could surpass even larger economies like India. This call comes amidst concerns over the country’s significant tax evasion problem, estimated to be around Rs.5.8 trillion annually, accounting […]
Move over ripped jeans, there’s a new contender for the crown of most outrageous denim trend: pee stains. Yes, you read that right. London-based designers Jordan Bowen and Luca Marchetto, also known as Jordanluca, are making waves (or should I say puddles?) with their latest creation – the “Jordanluca” jeans. These designer duds come complete […]
