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Micron to set up $2.75 bn semiconductor facility in India

Micron Technology on Thursday announced to set up a new $2.75 billion semiconductor assembly and test facility in Gujarat, a day after Prime Minister Narendra Modi met Sanjay Mehrotra, the Indian-American President and CEO of Micron, in Washington DC during his state visit to the US.

Pak-China sign MoU for $3.4 billion nuclear power project

Pakistan Prime Minister Shehbaz Sharif on Tuesday witnessed the signing of the Memorandum of Understanding (MoU) between Pakistan and China for a 1200MW Chashma-5 (C-5) nuclear power project worth $3.48 billion, local media reported.

Floods inflict $10bn loss on Pakistan

Top official sources said Islamabad would first seek financial assistance from the international community and then it might assess the damages separately or jointly with the donors to work out the exact figures, but first of all the government would focus on all-out relief efforts in order to rescue the victims.

Pakistan Railways in trouble

As per the reports, 57 passenger trains were shut down and now only 85 trains are available for the various routes across the country