Author: i2wtc

Listen to article ISLAMABAD: Pak Suzuki Motor Company has cautioned the government that the proposed increase in general sales tax (GST) in the budget for fiscal year 2025-26 may result in a significant decline in sales of the auto industry, which will negatively impact original equipment manufacturers (OEMs) as well as vendors. Discussing the negative impact of 18% GST, Pak Suzuki Managing Director Hiroshi Kawamura said that it would also affect employment across the automotive value chain, according to sources. He mentioned that economic growth was sustainable with 12% sales tax and any further increase would impact the entire auto industry. At…

Listen to article ISLAMABAD: A constitutional bench (CB) of the Supreme Court on Tuesday rejected a request by the Sunni Ittehad Council (SIC) to allocate reserved seats to the PTI in proportion to 39 MNAs who had declared themselves to be affiliated with the party while filing nomination papers for the Feb 2024 elections. The eleven-member CB, led by Justice Aminuddin Khan, heard the petitions challenging the SC’s July 2024 majority order for allocation of reserved seats to the PTI. On January 13, 2024, a three-member SC bench upheld the Election Commission of Pakistan’s (ECP) December 22, 2023 order declaring the PTI’s…

Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches of yesteryear. Kiyoshi Ota | Bloomberg | Getty ImagesNintendo shares hit a fresh record high on Wednesday, continuing this year’s massive rally that has been fueled by hype around the company’s newly released Switch 2 console.Shares of the Japanese gaming giant have jumped 46% this…

GLASGOW: The Netherlands beat Nepal but needed a record-breaking three Super Overs to clinch victory in their Twenty20 International tri-series match in Glasgow on Monday, the first time a triple Super Over has been seen in T20 or limited-overs cricket. The Dutch posted 152 for seven and appeared set for the win as Nepal required 16 runs from the final over, but Nandan Yadav scored a boundary on the last ball to force a Super Over. Nepal made 19 runs which the Dutch matched thanks to Max O’Dowd hitting a six on the final ball, and a second Super Over…

A drone light show is staged in southwest China’s Chongqing Municipality, June 17, 2025.This event, with 11,787 drones forming luminous patterns across the night sky, was held here on Tuesday evening, aiming to set a new Guinness world record of its kind. (Xinhua/Huang Wei)A drone light show is staged in southwest China’s Chongqing Municipality, June 17, 2025.This event, with 11,787 drones forming luminous patterns across the night sky, was held here on Tuesday evening, aiming to set a new Guinness world record of its kind. (Xinhua/Huang Wei)A drone light show is staged in southwest China’s Chongqing Municipality, June 17, 2025.This…

Listen to article WASHINGTON: President Donald Trump said the United States would not kill Iran’s supreme leader “for now” and appeared to demand Tehran’s surrender, as US ally Israel traded fire with its arch foe for a fifth day on Tuesday. The comments marked a dramatic escalation in Trump’s rhetoric against Iran and its leader Ayatollah Ali Khamenei, fuelling questions as to whether Washington would join Israel’s attacks after insisting it had no hand in the campaign.Israeli warplanes targeted drone and missile sites with at least two waves of strikes in western Iran on Tuesday, the military said. It also said it…

KARACHI: The Pakistan Billiards and Snooker Association (PBSA) has sounded the alarm on Tuesday as it revealed a severe financial crisis jeopardizing the upcoming 2025-2026 snooker season and Pakistan’s participation in crucial international tournaments. In a press release directed at the Federal Minister for Inter-Provincial Coordination (IPC), the Association appealed for urgent intervention. The PBSA stated it is on the brink of launching its new season but faces critical financial constraints impacting its ability to fund international participation, maintain the domestic circuit and cover essential secretariat expenditures. The core issue, according to the PBSA, is the non-receipt of any financial…

OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025.Justin Sullivan | Getty Images News | Getty ImagesMeta Platforms tried to poach OpenAI employees by offering signing bonuses as high as $100 million, with even larger annual compensation packages, OpenAI chief executive Sam Altman said.While Meta had sought to hire “a lot of people” from OpenAI, “so far none of our best people have decided to take them up on that,” Altman said, speaking on the “Uncapped” podcast, which is hosted by his brother.”I’ve heard that Meta thinks of us as their biggest competitor,”…

Listen to article The Balochistan government has presented its first-ever surplus budget worth Rs 1,028 billion, marking a historic milestone for the province. The budget, presented by Provincial Finance Minister Mir Shuaib Noshirovani, was announced during a session of the Balochistan Assembly chaired by Speaker Abdul Khaliq Achakzai. In his budget speech, Minister Noshirovani stated that the provincial government had successfully spent the entire development budget for the current fiscal year. He highlighted the achievements across various sectors during the fiscal period, emphasising that the government’s focus on development had yielded positive results. The finance minister further noted that the proposed budget…

Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCDETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand.The warranty covers the engine, transmission, transfer case, driveshafts, differentials and axles for 10 years or 100,000 miles, whichever comes first. It replaces Ram’s current five-year or 60,000-mile warranty, which is relatively standard for full-size pickup trucks across the automotive industry.The new warranty comes as vehicles — especially pickup trucks — have grown more…