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Xiaomi gets another good news after successful SU7 launch

  • 3 min
Xiaomi's entry into China's EV market has caused a stir, with its SU7 sedan selling over 7,000 units in April. This cements the smartphone giant's position as the country's eighth-largest EV newcomer and sets the stage for a heated competition with established players like Volkswagen and Tesla. The company aims for 100,000 deliveries this year.
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Gold rates register another spike in Pakistan

  • 3 min
Gold rates in Pakistan saw another spike as the 24-karat per tola gold was sold at Rs234,800, with a Rs3,800 increase from the last trading day. The price of 10 grams of 24-karat gold also rose to Rs201,303. The international gold rate reached $2,254 per ounce, marking a record high.
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PMD forecasts another rain spell from tomorrow

  • 2 min
Pakistan Meteorological Department (PMD) forecasts heavy rains from March 5 to March 7, warning of potential flash floods, snow blockages, and landslides. Areas likely to be affected include Khyber Pakhtunkhwa, Azad Kashmir, Gilgit Baltistan, Upper and Southern Punjab, and Balochistan. Sindh to experience a severe cold wave, with temperatures significantly lower than normal. Rain-related incidents have resulted in over 30 deaths and significant damage.
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Bella Hadid loses another major deal

  • 2 min
Supermodel Bella Hadid has faced another setback as she was dropped by British beauty brand Charlotte Tilbury, just months after being replaced by an Israeli model in a Dior campaign. The reason for her dismissal is unclear, but some speculate it could be due to her support for the people of Gaza and the 'Free Palestine' movement. She is now set to launch her own makeup and wellness venture in May.
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Biden to cancel another $1.2 billion of student loans

  • 2 min
President Biden's administration will cancel $1.2 billion of student loans for 153,000 eligible individuals through the Saving on a Valuable Education (SAVE) program. This is part of ongoing efforts to increase loan forgiveness after a Supreme Court decision blocked a broader plan. In total, $138 billion has been canceled for 3.9 million people through executive actions.
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PIA cancels another two dozen flights

  • 2 min
In Karachi on Wednesday, Pakistan International Airlines (PIA) had to cancel 24 domestic and international flights due to a limited fuel supply from Pakistan State Oil (PSO). Only 26 of PIA's scheduled flights took off that day. According to official sources, PIA paid PSO Rs150 million for fueling these 26 flights on that day. The previous day, PSO had supplied fuel for just 13 PIA flights, consisting of 10 international and 3 domestic routes, after receiving Rs125 million in payment.