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Wednesday, October 23, 2024

News Desk

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Widespread protests against skyrocketing electricity bills

Electricity consumers have come on roads to protest hike in electricity tariffs. The consumers have refused to pay heavy taxes and demanded the authorities...

Selling SOE’s shares on G2G basis to...

Government is amending laws to facilitate the sale of shares listed SOE's shares with a buyback option to friendly countries on a G2G basis.

A move towards digital banking

A move towards digital banking has encouraged 20 banks to apply for digital license but SBP has limited the number to 5 digital licenses

Weekly inflation touches the sky, hitting a...

Increase in price of petrol and diesel results in all time high weekly inflation based on the Sensitive Price Index (SPI)

Women-led Oraan raises $3M to increase financial...

Oraan is Pakistan's first women-led fintech startup to have raised $3 million in funding. The Startup is aiming to increase financial accessibility for women in Pakistan and hopes to become a full-fledged neobank and very heavily based on the community.

Honda unveils Passport 2022 with new off-roader...

Japanese auto manufacturer Honda has unveiled the all-new Passport 2022, with a much bolder and squarer build. The company for the first time has launched Passport TrailSport Rugged Roads Project, with a focus on off-roading.

Turkey ignores US’s requests, moves to buy...

Turkish President Tayyip Erdogan has said that Turkey still intends to buy a second batch of S-400 missile defense systems from Russia, despite the US's warnings of further sanctions on the country, in addition to the 2020 ones.

Iraq orders 12 JF-17 fighter jets from...

Nation-states queue up for Pakistan-made fighter jets. After Myanmar, Nigeria, Malaysia, and Argentina, Iraq is set to buy JF17 block III. After several rounds of negotiations, Iraq's government approved the amount of 664 million USD for the purchase of 12 fighter aircrafts from Pakistan.