Author: i2wtc
Prime Minister Shehbaz Sharif addressing a session of National Assembly. PHOTO: FACEBOOK/NA ISLAMABAD: The National Assembly’s Standing Committee on National Health Services, Regulations and Coordination on Monday expressed serious concern over private medical and dental colleges’ non-compliance with the Pakistan Medical and Dental Council’s (PMDC) approved fee structure and urged strict enforcement of regulations. The meeting, chaired by Dr Mahesh Kumar Malani, MNA, took up a wide range of public health and regulatory issues, including inflated medical college fees to the fairness of the Medical and Dental College Admission Test (MDCAT) and irregularities in the Pakistan Nursing Council (PNC). Officials…
FILE PHOTO: Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010.Stringer | ReutersChina on Tuesday responded to the U.S.-Australia critical minerals deal by saying resource-rich rare earth countries should take “a proactive role” in stabilizing their critical minerals supply chains.A spokesperson for China’s Ministry of Foreign Affairs was asked about the U.S. and Australia critical minerals deal which has been framed as an effort to counter Beijing’s dominance.”The formation of global production and supply chains is the result of market and corporate choices,” Guo Jiakun said, according to NBC.”Resource-rich…
Asks IGP, Adiala Jail superintendent to submit replies on plea seeking meeting with Imran Khan ISLAMABAD: The Islamabad High Court (IHC) has removed its registrar office’s objections to a petition of Khyber-Pakhtunkhwa (K-P) Chief Minister Sohail Afridi, who wants to meet PTI founder Iman Khan at Adiala Jail. Admitting the petition for hearing, the court has issued notices to respondents including the interior secretary, the Punjab home secretary, the inspector general of police and the Adiala Jail superintendent, ordering them to submit their responses by October 23. IHC Justice Arbab Muhammad Tahir on Monday heard CM Afridi’s petitions along with…
Annealed neodymium iron boron magnets sit in a barrel prior to being crushed into powder at Neo Material Technologies Inc.’s Magnequench Tianjin Co. factory in Tianjin, China, on Friday, June 11, 2010. Bloomberg | Bloomberg | Getty ImagesChina’s exports of rare earth magnets to the U.S. fell sharply in September, ending months of recovery as the two economic superpowers remain locked in trade disputes and Washington pushes to secure alternative supply chains.Data from China’s General Administration of Customs on Monday showed that U.S.-bound exports fell 28.7% in September from August to 420.5 tonnes. That was also 30% lower than a…
Prime Minister Shehbaz Sharif addressing nation on Sunday in Islamabad. Photo: Screenshot ISLAMABAD: Prime Minister Shehbaz Sharif on Monday extended Diwali greetings to the Hindu community and other religious minorities, calling the festival a “beautiful message of joy, peace and tolerance” and reaffirming the government’s commitment to protecting minority rights. Addressing a special ceremony at the Prime Minister’s House that included senior religious and diplomatic figures, members of minority communities and parliamentary representatives, the prime minister said the presence of Hindu, Christian and other minority leaders at the event reflected “the living reality of Pakistan’s pluralism.” He reiterated that every…
Michael Intrator, CoreWeave CEO appears on CNBC on July 17, 2024.CNBCCoreWeave CEO Michael Intrator told CNBC Tuesday that the firm’s proposed acquisition of Core Scientific would be a “nice to have” rather than a necessity as shareholders prepare to potentially block the deal.In July, AI cloud provider Coreweave proposed an all-stock deal valued at around $9 billion to buy the Bitcoin miner and data center firm, Core Scientific. Immediately after the news, Core Scientific’s stock price fell, plummeting nearly 18%.The deal has received criticism with key proxy advisor Institutional Shareholder Services (ISS) recommending on Monday that shareholders vote against the acquisition. Core Scientific’s…
Global study finds Pakistan among top developing countries hit hardest by financial fraud with losses estimated at $9. KARACHI: Pakistan is among the top developing countries losing a large portion of its economy to financial scams, costing nearly 2.5% of its GDP, according to the Global State of Scams Report 2025 by the Global Anti-Scam Alliance and Feedzai. Based on Pakistan’s current GDP, the 2.5% loss equals about $9.3 billion, 33% more than the country’s $7 billion International Monetary Fund (IMF) loan, highlighting the staggering scale of damage caused by fraud and digital scams. The report, which surveyed 46,000 adults…
Apple CEO Tim Cook holds new iPhones during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California.Justin Sullivan | Getty Images Critics may sneer at the iPhone 17 Pro’s fluorescent orange finish, but Apple’s “Cosmic Orange” smartphone seems to be dazzling where it counts — in sales and shares.The newest iPhone 17 series, which includes the base iPhone 17 and its overachieving Pro and skinny Air siblings — that come in colors other than orange, to be clear — has been outselling its predecessor in the U.S. and China, according to Counterpoint Research. In China,…
Procurement to cost Rs542b amid disputes over price, storage, and provincial share ISLAMABAD: The International Monetary Fund (IMF) has once again allowed Pakistan to purchase wheat to replenish its depleting reserves, while leaving it to the government to determine the strategic stock level and proceed with plans to buy 6.2 million tonnes this year, an aide to the prime minister said on Monday. Ahmed Umair, the Prime Minister’s Coordinator on Agriculture, clarified that the officially announced price of Rs3,500 per 40 kilogrammes is not a fixed support price but an indicative rate linked to international market trends and subject to…
Sanae Takaichi created history on Oct. 21, winning Japan’s parliamentary vote to become the country’s first women prime minister.Philip Fong | Afp | Getty ImagesSanae Takaichi on Tuesday created history, winning Japan’s parliamentary vote to become the country’s first woman prime minister.Takaichi garnered 237 votes in the first round of voting, negating the need for a runoff vote in the 465-seat Lower House, according to public broadcaster NHK.Her victory comes after the ruling Liberal Democratic Party allied with the Japan Innovation Party and reportedly signed an agreement over the weekend to form a coalition government. Takaichi agreed to back JIP…