Android, Inc. was founded in Palo Alto, California in October 2003 by Andy Rubin, Rich Miner, Nick Sears and Chris White. The company was formed with the idea of developing an advanced operating system for digital cameras. Later looking at the size of the market of cellular phones, the company decided to make an operating system in competition with Symbian and Windows Mobile. Google acquired Android Inc. on August …

  The first-ever biggest financing of local banks in the history of Pakistan Presidents of Habib Bank Limited (HBL) and National Bank of Pakistan (NBP) in a meeting with Chief Minister Punjab Muhammad Shahbaz Sharif presented an offer to countersign the project financing amounting to Rs84 billion to set up 1,200 megawatts LNG-based power plant at Bhikki Sheikhupura, which would be the first of its kind project and the biggest …

  Monetary policy review reduces policy rate by 100bps A dramatic cut of 100bps in policy rate for the banking industry bringing the interest discount rate from 8 percent to 7 percent indicates the firm resolve of the government to give a jump start to the economy and also an effort to become the first in financial history by reducing the rate to a historic low in Pakistan. The trade …

  The Hub Power Company is the largest Independent Power Producer (IPP) in the country with a combined power generation capacity of over 1,600MW. The company generates approximately 10 percent of the country’s electricity and is playing an important role in addressing the energy crisis. It is situated at Mouza Kund, Hub in Balochistan and is one of the most efficient steam turbine-based thermal power plants in Pakistan. It supplies …

  Nuclear power is the greenest option, say top scientists Over 35 percent of the total energy produced in Pakistan is generated through oil-fired system, which is the most expensive mode of power generation in terms of money while emitting carbon dioxide to damage the environment means that we are burning our candle from both ends. On one hand we are spending over $16 billion on import of oil for …

  China-Pakistan Economic Corridor (CPEC) has the potential to usher in a new era of economic progress and prosperity for both countries benefiting the whole region as well. The project is expected to be “a game changer” not only for Pakistan and China but also for the whole region. Last month, Pakistan and China signed 51 deals, mostly related to CPEC, which will link Pakistan’s Gwadar Port on the Arabian …

  Interview with Ammar Maqsood — CEO Destin Solutions Ammar Maqsood CEO of Destin Solutions and a Google certified online marketing consultant strongly recommends that all the websites should be made responsive such that they can be viewed on all mobile screens irrespective of the screen size or resolution. This recommendation is based on the research done by him and other certified Google consultants all over the globe. The fact …

  Pakistan faces chronic power shortages due to rapid growth in demand for electricity. Power outages increased significantly due to the widening gap between supply and demand over the past three years. It has adversely affected the industrial output and economic growth of the country. The energy statistics of Pakistan shows that around 50 percent of the need is met by the indigenous gas production and 29 percent by domestic …

  Excellent healthcare is being provided in Pakistan, but at a high cost. An overwhelming majority of Pakistanis cannot afford the specialized healthcare that they seriously need. The challenge in Pakistan is to enable access to quality healthcare to those who cannot afford it. The quality of healthcare largely depends upon the skill and experience of physicians and the ready availability of advanced equipment needed for diagnostics and procedures. In …

  First stoke center has also been established at Lahore general hospital For the first time in the medical history of Pakistan, a government hospital i.e., Lahore General Hospital (LGH) has started liver cancer treatment at its Interventional Neuro-Radiology Department. Credit of this great achievement goes to Senior Radiologist Dr. Muhammad Farooq who took this initiative under the supervision of Head of the Department Dr. Umair Rasheed Chaudhry by treating …