In a significant development, the Finance Committee has approved a salary increase for Members of the National Assembly (MNAs) and Senators, raising their monthly pay to Rs519,000. This hike will officially take effect from January 1, 2025.
Category: Business
Apple eyes growth as AI expansion offsets iPhone sales slump.
Apple executives have projected strong sales growth, signaling a recovery from a slight dip in iPhone revenue as the company expands its artificial intelligence (AI) […]
Pakistan’s IT Exports Surge to $3.22 Billion: A Major Boost for the Economy
Pakistan’s Information Technology (IT) industry has achieved a significant milestone, with exports surpassing $3.22 billion in the fiscal year 2023-24, marking a remarkable increase
Pakistan and European Union Strengthen Partnership for Human Rights and Democracy
In a significant development, the Punjab government and the European Union (EU) reaffirmed their commitment to promoting fundamental human rights, democracy, and the rule of law
Microsoft forecasts slower azure growth amid AI spending concerns.
Microsoft’s (MSFT.O) latest earnings report has sparked investor concerns, as the company projected lower-than-expected growth for its cloud computing business, Azure. The announcement sent Microsoft’s […]
Short-term traders bet on Nvidia quick recovery with surge in leveraged ETFs.
Short-term traders are eagerly betting on a quick rebound for Nvidia (NVDA.O), funneling money into the three largest leveraged exchange-traded funds (ETFs) linked to the […]
Ministry of railways abolishes over 17,000 posts under rightsizing policy.
The Ministry of Railways has eliminated 17,101 positions as part of its Rightsizing Policy to enhance efficiency and optimize resources. During a meeting of the […]
SBP to roll out new currency notes with enhanced security features in 2025.
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced plans to issue new currency notes starting in the second half of 2025. […]
U.S. stock futures stabilize amid AI market disruption.
U.S. stock futures steadied on Tuesday, while the dollar edged higher, and Asian tech stocks faced sharp declines. This came after a wave of selling […]