Latest News
Pakistan plans Rs283bn AI ecosystem programme
The government has proposed a Rs283 billion strategy over the next five years to develop a safe, sovereign and innovation-led artificial intelligence ecosystem.
Official records available with Wealth Pakistan reveal that the National AI Ecosystem Development Programme (NAIEDP) will be implemented from 2026 to 2031.
The government has earmarked Rs185 million for FY2026-27 to commence work on the scheme.
The program is expected to be a cornerstone of Pakistan’s larger digital transformation goal and assist position the country to tap into the developing global AI economy.
Among its major objectives, the plan intends to catalyse economic transformation and growth through use of artificial intelligence across sectors.
Furthermore, it aims to back AI companies and innovation, to stimulate the creation of a homegrown technological ecosystem, and to nurture entrepreneurship in emerging technologies.
Another important component of the strategy is sector-specific modernisation through AI applications. The program is expected to promote the application of artificial intelligence in public services, business and other economic sectors to increase efficiency and production.
The materials also describe the creation of AI governance and ethical frameworks for the proper use of the technology. The plan proposes a strategic funding window to enable a rapid reaction to emerging technological possibilities and problems.
The NAIEDP is an important step towards enhancing Pakistan’s technological competitiveness and its long-term digital growth, with an estimated expenditure of Rs283 billion by 2031.
Latest News
According to an audit study, SIM cards were illegally sold in Balochistan under the identities of Punjabi people.
– An audit report has revealed irregularities in the sale and registration of mobile SIM cards in Balochistan, with several SIMs allegedly activated using the identities of citizens from Punjab.
According to the report, seven franchises operating in Balochistan activated around 2,000 SIM cards registered under the names of Punjab residents through illegal means. The findings have raised concerns over the effectiveness of measures taken against those involved in such activities.
The audit noted that despite evidence of fraud, the concerned franchises were only issued show-cause notices. No criminal cases were registered against them, and no financial penalties were imposed.
The report further stated that two telecommunications companies were fined more than Rs1.88 billion and also received show-cause notices; however, the implementation of these decisions remained incomplete.
Audit officials described the lack of strong action against organised fake SIM-related fraud as a serious concern, warning that such practices could raise issues related to national security and the regulatory framework.
The authorities have been advised to ensure immediate recovery of outstanding dues and take effective legal action against those responsible to prevent similar incidents in the future.
Latest News
The PM and President denounce the terrorist attack on Balochistani laborers.
Both Prime Minister Shehbaz Sharif and President Asif Ali Zardari have vehemently denounced the terrorist attack on defenseless laborers in Balochistan’s Washuk area.
In their individual messages, they conveyed their sincere condolences and sympathies to the families of the martyrs as well as their profound grief and sorrow at the loss of priceless lives.
Such despicable actions, according to the President and Prime Minister, cannot weaken the country’s determination.
They stated that the security forces are committed to protecting every citizen’s life and property and totally eliminating terrorism from the nation.
The President and Prime Minister declared that Fitna-ul-Hindustan terrorists and those who support them are unworthy of any leniency and will face justice.
Latest News
For the first time, China successfully lands a “SpaceX-style” reusable rocket.
– China has successfully landed a reusable rocket for the first time, marking a “historic breakthrough” for the country’s space technology.
The Long March 10B rocket was launched from the Hainan commercial spacecraft launch site in south China’s Hainan Province.
After separation of its two stages, the first stage returned and was successfully caught upright on sea-borne net-capture platform.
The rocket also flew a satellite into “its predetermined orbit” on Friday, state news agency Xinhua reported.
“Approximately six minutes after the first and second stages separated, the first stage returned vertically and was successfully recovered at a sea-based recovery platform using a net system,” China Aerospace Science and Technology Corporation (CASC) said in a statement.
“It signifies a historic breakthrough for my country in the field of reusable rocket technology and will lay a solid foundation for accelerating the improvement of my country’s space access capabilities,” CASC said.
China’s Long March 10B rocket has been compared to the SpaceX Falcon 9.
Developed by the country’s main state rocket developer, the China Academy of Launch Vehicle Technology (CALT), it is capable of carrying a payload of at least 16 metric tons to low-Earth orbit.
But unlike the Elon Musk-owned company’s pioneering rocket, the Long March 10B does not autonomously use deployable legs to land on a ship or a ground-based pad.
Instead, it uses “landing hooks” to latch onto the net attached to a sea-borne platform, Xinhua reported.
“Net-based recovery helps simplify the rocket’s onboard structure, reduces vehicle mass and increases payload capacity. It is also highly adaptable to landing-point deviations, as coordinated net systems can effectively expand the capture window,” CALT expert Chen Muye told Chinese state media.
So far, SpaceX has demonstrated rocket recovery in 2015, followed by the Jeff Bezos-owned Blue Origin in November last year.
SpaceX has launched its Falcon 9 nearly 150 times a year, and even reused its recovered rocket dozens of times.
Meanwhile, China has spent nearly a decade developing reusable rockets, first testing low-altitude space vehicles and later experimenting with long-range orbital-class booster recovery.
The Long March-10B rocket is a reusable liquid-fueled vehicle built for commercial launches and stands approximately 63m (206ft) tall with a diameter of 5m (16ft).
Its first stage burns kerosene and liquid oxygen (LOX), while the second stage uses LOX and liquid methane, according to CALT.
-
Latest News2 months agoICC board meeting in India: Mohsin Naqvi gets invitation
-
Business2 months agoThe IMF mission has arrived in Pakistan for discussions regarding the budget.
-
Latest News1 month agoIs the US-Iran standoff exposing deep fault lines in US intelligence coordination?
-
Business2 months agoOil hits 2-week high following drone strike on UAE nuclear power facility
-
Latest News1 month ago7.8 magnitude quake hits southern Philippines\
-
Latest News1 month agoShehbaz, Zardari discuss key issues as PPP hints at budget support
-
Latest News2 months agoTo commemorate the anniversary of Marka-e-Haq, top civic and military leaders assemble at Pakistan Monument.
-
Latest News2 months agoTwenty people suffered injuries when a picnic bus from Karachi toppled en route to Kenjhar.
