Feb 4 (TechRepublic) – Researchers at the University of Waterloo, Canada, have discovered that data centres could slash energy consumption by up to 30% with a minor tweak—rewriting just 30 lines of code in the Linux kernel’s network stack. The study highlights inefficiencies in how servers handle incoming network traffic, paving the way for major energy savings. Optimizing CPU Efficiency…
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Feb 4 (Reuters) – Oil prices fell on Tuesday after U.S. President Donald Trump delayed a decision on steep tariffs for Mexico and Canada, the country’s largest foreign oil suppliers. Meanwhile, concerns over increased OPEC+ production from April added further pressure to prices. Market Movement: Brent crude declined 50 cents (0.7%) to $75.46 per barrel by 0432 GMT.U.S. West Texas…
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Lahore: Tariq Electric (Pvt) Ltd, a licensed panel builder and official channel partner of ABB, hosted a prestigious event in Lahore, unveiling ABB’s latest product line and cutting-edge electrical solutions. The gathering brought together senior industry professionals, renowned consultants, and key stakeholders from the energy and electrical sectors. A keynote address by Mr. Sean Barnicle from ABB Italy was the…
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is set to hold a public hearing today on the approval of the 220-megawatt SITE Neutral Hybrid Project, a pioneering initiative in Pakistan’s renewable energy sector. K-Electric (KE) will present its stance on the project, which has secured the lowest tariff bid of 3.09 cents per kilowatt-hour (kWh) from Canadian firm JCM…
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Islamabad: The World Bank will provide a new $1 billion loan for the Dasu Hydropower Project. This loan will be granted after the approval of the revised PC-1, which is estimated to cost PKR 1.7 trillion. According to senior officials from the Economic Affairs Division (EAD), the World Bank has formally agreed to finance the first phase of the Dasu…
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ISLAMABAD: Pakistan ranks 36th among the world’s cheapest petrol markets, with Iran offering the lowest petrol price at Rs7.98 per liter, while Hong Kong tops the list of the most expensive at Rs950 per liter, according to a report by Global Petrol Prices and CNBC on January 27, 2025. Ranking of South Asian CountriesAmong South Asian nations, Bhutan ranks 22nd,…
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ISLAMABAD: Consumers across Pakistan, including Karachi, may soon see a reduction in electricity prices by approximately Rs2 per unit, according to ARY News. The National Electric Power Regulatory Authority (NEPRA) has received a proposal from power distribution companies to implement this price cut as part of the quarterly adjustment for October to December 2024. The request seeks a total reduction…
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ISLAMABAD: Pakistan’s fertility rate has dropped from six live births per woman in 1994 to 3.6 in 2024, according to the UN’s World Fertility Report 2024. The advance unedited report highlights the benefits of reducing adolescent birth rates, which can accelerate fertility declines and yield significant socioeconomic gains. Lower birth rates would enable better resource allocation for child and adolescent…
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ISLAMABAD: Gas companies are raising alarms over the IMF-driven policy to shift industrial captive power plants (CPPs) to the national grid, fearing a loss of long-term clients to private competitors. Pakistan LNG Limited (PLL) has sought government approval to import liquefied natural gas (LNG) for industrial use, citing supply constraints at Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern…
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ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Korangi Association of Trade and Industry (KATI) have strongly opposed the proposed increase in security deposits by Distribution Companies (Discos) and K-Electric, demanding full financial transparency before any decision is made. In separate letters to the Registrar of the National Electric Power Regulatory Authority (NEPRA), both trade…
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