SAN FRANCISCO: Google has plans for its own personal computer operating system, it announced on its blog, setting up another clash between the Internet search giant and PC software supremo Microsoft.
“We’re announcing a new project,” said the Mountain View, California-based company, revealing the system would be based on its nine-month-old Chrome browser and would be an open source operating system initially targeted at netbooks.
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By Chaudhry Kamran Naseer
The provision of energy is considered as one of the basic elements for both economic growth and a higher standard of living. Pakistan is currently facing a big crisis in the energy sector. And due to the gap between demand and supply of energy, many fields of the economy have been affected. There is a dire need to focus on electric generation to meet the increasing demand of electricity; this demand exists mainly because of the increasing population growth and to maintain a sustainable economic growth rate.
Regular doses of Omega-3 fish oil capsules could boost the brainpower of youngsters and improve their concentration levels, says a study. The Newhall Park Primary School in Bradford, Britain, gave a daily dose of omega-3 oils to 34 of its pupils aged between eight and nine for about nine months and found improvement in their brainpower and concentration levels, reported online edition of Daily Mail. Continue reading »
Treasury Management Division of National Bank of Pakistan (NBP) Monday issued the following Exchange rates: Continue reading »
Hardly any country has suffered more from the ‘brain drain’ than has Pakistan. Nearly 3,500 (annual) graduates of Pakistan’s medical colleges are jobless; most go abroad.
This was stated by the Chairman Denmark Pakistan Chamber of Commerce (DPCC) and Research Economist Abid Ali Abid while delivering a lecture ‘the impact of brain drain on Pakistan’s economy’ to the members of Lahore Economic Journalist Association (LEJA). Continue reading »
Historical rates aplicable on saving schemes are as follows Continue reading »
Rate cut would apply to new investors only.
ISLAMABAD: The government plans to generate Rs240 billion through the National Savings Schemes (NSS) in the new fiscal year 2009-10 and automate 44 of the busiest centres of Central Directorate of National Savings (CDNS) by allocating Rs68 million.
The fiscal deficit target of 4.9 per cent of gross domestic product, equivalent to Rs722.5 billion, depends on resource inflow through domestic and external sources and the NSS, which is targeted to generate Rs240 billion. Continue reading »
The government has set a target to electrify 7,000 villages, which cannot be electrified by grid, through solar energy in the next five years, says Federal Minister for Water and Power Raja Pervaiz Ashrraf.
He was addressing the representatives of more than 120 countries in the second session of the preparatory commission of IRENA, held in resort city of Sharm el-Sheikh, says a message received from Cairo and released by the Ministry of Water and Power.
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The federal government has reduced the rates of profit on ‘National Savings Schemes’ effective on investment received on or after July 1st, 2009. As per the press release, issued by the Central Directorate of National Savings, the rates of profit on Special Savings Certificates (Registered)/Accounts, Regular Income Certificates, Bahbood Savings Certificates/ Pensioner’s Benefit Accounts and Savings Accounts have been cut to 11.67%, 12.00%, 14.16%, and 8.50% per annum respectively. The rate of profit on Defence Savings Certificates i.e. 12.15 per cent pa and the value & number of prizes on prize bonds remain unchanged. Continue reading »