Author: i2wtc

ISLAMABAD: Despite an increase in the number of judges, pendency in the Supreme Court could not be reduced substantively, as the number of pending cases rose since February when six judges were elevated to the apex court, according to data available on the Supreme Court’s website on Thursday. The data showed that 57,089 cases were pending as of August 6, despite the fact that eight judges have been appointed in the last six months. Currently, the apex court is not functioning at full strength due to the summer vacation, and pendency is increasing day by day; 56,892 cases were pending…

SHANGHAI, CHINA – JULY 27: Robots of Unitree Robotics show their kick boxing skills during the 2025 World AI Conference (WAIC) and High-Level Meeting on Global AI Governance at Shanghai World Expo Exhibition and Convention Center on July 27, 2025 in Shanghai, China. Vcg | Visual China Group | Getty ImagesWhile humanoid robots sparred in the ring at China’s World AI Conference in Shanghai, a more consequential contest played out just steps away. Chinese officials unveiled plans for a new global governance body — the World AI Cooperation Organization (WAICO) — aimed at setting international standards and norms around artificial…

Listen to article ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday approved a reduction of Rs1.89 per unit in the power tariff across the country under the quarterly adjustment charges for April-June 2025. The decision has been forwarded to the federal government for implementation. The reduced rates will apply to all power distribution companies (Discos), including K-Electric (KE). The tariff cut will be applicable for a three-month period from Aug to Oct 2025 and is expected to provide a cumulative relief of Rs55.87 billion to consumers. However, Nepra clarified that the tariff reduction will not apply to lifeline and prepaid…

Caia Image | Collection Mix: Subjects | Getty ImagesBitcoin’s historical “cycle” is showing signs that it might be breaking as a changing profile of investors and supportive regulation reshapes market dynamics.If this often predictable pattern is broken, it would have significant implications for the way investors assess the cryptocurrency’s price action and the potential timing of when to invest in bitcoin.”It’s not officially over until we see positive returns in 2026. But I think we will, so let’s say this: I think the 4-year cycle is over,” Matthew Hougan, chief investment officer at Bitwise Asset Management, told CNBC.What is the…

A year ago to the day, Arshad Nadeem stunned the world with a monstrous javelin throw that propelled him to global stardom and salvaged Pakistan’s plummeting sports glory with its first individual gold medal at the Paris 2024 Olympics. The javelin star sweetened the deal when his 92.97m throw shattered the Olympic record — not once, but twice, to the delight of a roaring crowd at Paris’ Stade de France. But a year on from the historic triumph, Arshad is undergoing physiotherapy in London following surgery on his calf muscle. The two upcoming Diamond League championships he was set to…

Key PointsPrivate investment firms of the ultra-rich made 60% fewer direct investments in July compared to the same period last year, according to Fintrx.Rattled by tariff uncertainty, some family offices have been investing more overseas, especially in European startups.Infinitas Capital’s Robin Lauber told CNBC why the Swiss family office is optimistic despite the market turmoil.A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private investment firms of the ultra-rich once again dialed back their deal-making…

JERUSALEM: Prime Minister Benjamin Netanyahu said on Thursday Israel plans to take full control of Gaza but does not intend to govern it, as he convened his security cabinet to discuss updated plans 22 months into the war. The cabinet meeting comes as Netanyahu faces mounting pressure at home and abroad for a truce deal to pull Gaza’s more than two million people back from the brink of famine and to spare hostages held by Palestinian militants. With tensions rising, Netanyahu took to the airwaves telling US network Fox News the government intends to seize complete control of the Gaza…

Listen to article MIRANSHAH: At least four civilians were martyred while 14 others, including two policemen, were injured in a remotely-detonated bomb attack on a police patrol vehicle in a bustling marketplace of South Waziristan tribal district of Khyber-Pakhtunkhwa on Thursday morning. No group immediately claimed responsibility for the deadly bombing, but similar attacks in the past were carried out by the outlawed Tehreek-e-Taliban Pakistan (TTP), which officials claim is operating from its safe havens across the border in Afghanistan. The police vehicle suffered partial damage in the attack, police said, adding that most of the casualties were passersby and shopkeepers. The…

Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks.Manaure Quintero | Afp | Getty ImagesSouth Korea has tasked some of its biggest companies and promising startups to build a national foundational AI model using mainly domestic technology, in a rare move to keep the country apace with the U.S. and China.The project will feature South Korean technologies from semiconductors to software, as Seoul looks to create a near self-sufficient AI industry and position itself as an alternative to China and the U.S.The Ministry of Science and…

BARCELONA: Barcelona stripped Marc-Andre ter Stegen of the captaincy on Thursday as a feud escalated between the Germany goalkeeper and the club over his injury status amid the Catalans’ attempts to register new signings. Ter Stegen’s place is under threat from one of the summer signings, 24-year-old Joan Garcia, and 35-year-old Wojciech Szczesny, the Polish veteran who has been rewarded with a contract extension for taking over during last season’s Liga title-winning campaign. Barca were likely expecting to sell Ter Stegen, 33, to make space in their wage bill for Garcia and Manchester United loanee Marcus Rashford. However, Ter Stegen…