Tue, 21-Oct-2025

IT Minister Highlights 27% Export Growth Amid Challenges

IT Minister

Pakistan has achieved a Tier One ranking in the global cybersecurity index, according to Shaza Fatima Khawaja, the Minister of State for IT and Telecom. Speaking at the HBL-PASHA ICT Awards ceremony in Islamabad, Khawaja highlighted the remarkable 27% year-on-year growth in the country’s IT exports, which have reached a record $3.22 billion. She credited … Read more

Pervez Elahi challenges rejection of his contempt plea against police officials in arrest case

Pervez Elahi arrest

PTI President Pervez Elahi’s on Monday challenged the single benchs’ decision to reject contempt petition against the police officials on his illegal arrest outside the police lines. Pervez Elahi filed an intra-court appeal in the Islamabad High Court (IHC) through his lawyer Sardar Abdul Raziq. The plea demanded court to overturn the decision that rejected … Read more

Colorado baker challenges gender transition cake ruling

Colorado baker

Jack Phillips won a partial Supreme Court victory after refusing to bake a gay couple’s cake. He is challenging a separate ruling he violated the state’s anti-discrimination law. A transgender woman requested a birthday cake that had blue frosting on the outside and pink inside. A Colorado baker who won a partial Supreme Court victory … Read more

Hania Aamir describes unknown challenges her family has faced

Hania Aamir

Actress Hania Aamir is renowned for being highly vivacious. She is well-known for her outgoing demeanor, honest communication style, and acting prowess. Hania gets along well with her mom and sister. She admitted that following her parents’ separation when she was a little child, she moved about a lot. Actress Hania Aamir is renowned for … Read more

Rupee decline continues, slumps to Rs 239.94

UNISAME calls for steps to curb further rupee depreciation

KARACHI: The Pakistani rupee slumped to the historic low of Rs239.94 against the dollar on Thursday as the economic and political condition of the country worsened. The local unit shed Rs 3.92 to close at Rs239.94 to the dollar from Wednesday’s closing of Rs 236.02 in the interbank foreign exchange market. The analysts attributed the … Read more

Australian BNPL star Zip declines to purchase a rival amid a tech slump

Australian

 The two firms agreed to pull the deal because of “current macroeconomic and market conditions”. Move is a sign of the abrupt pressure on unprofitable fintech. Sezzle was valued at about A$491 million when it was announced in February. Australian buy-now-pay-later (BNPL) firm Zip Co Ltd unloaded a buyout of U.S. rival Sezzle Inc three … Read more

Challenges to 2030 bid include geopolitical unrest and inflation

geopolitical

Salt Lake City is bidding to host the 2030 Winter Olympics and Paralympics. The International Olympic Committee (IOC) is likely to wait until the end of the year to make a call. The U.S. has received “very, very favorable signs” that it would be a top candidate for 2034. Geopolitical unrest and inflation are among … Read more

German industry still waiting on post-virus boom amid shortages

german industry

FRANKFURT: Germany was yet to see any signs of a “post-coronavirus boom”, the head of the influential BDI industry lobby said on Thursday, as persistent supply chain issues weighed on the economy. Bottlenecks which have plagued manufacturers in Europe’s largest economy through 2021, were set to continue into the new year, the group predicted, with … Read more

‘Challenges with govt’ delaying Tesla India launch: Musk

Elon Musk

MUMBAI: Billionaire entrepreneur Elon Musk on Thursday said that electric car pioneer Tesla was “working through” a lot of challenges with the Indian government ahead of long-awaited plans to launch in the country. Tesla’s hopes to sell its vehicles in one of the world’s biggest markets have been stalled by efforts to negotiate lower import … Read more

Argentinian govt says budget defeat will ‘affect’ debt negotiations

Argentinia

BUENOS AIRES: Argentina’s government suffered an embarrassing defeat on Friday, as its 2022 budget was rejected by the parliament, with Economy Minister Martin Guzman insisting this would ‘affect’ its debt renegotiations with the International Monetary Fund. Guzman said the defeat “weakens us as a nation-state within Argentina and before the world. And that hurts us.” The … Read more

China issues 10 application challenges for new generation supercomputer

supercomputer

BEIJING, Dec. 10 (Xinhua) — China has issued a list of 10 application challenges for its new generation supercomputer, with an aim to build a quintillion-scale supercomputing application ecology, Science and Technology Daily reported on Friday. The list includes the fusion simulation of a magnetic confinement fusion reactor, fluid mechanics simulation of a full-size aerospace … Read more

IMF renews $50 billion credit line for Mexico

IMF

WASHINGTON: The International Monetary Fund (IMF) has announced it has renewed a two-year credit line for Mexico for $50 billion. The Mexican economy remains exposed to risks, including from the impact of the Covid-19, and the flexible credit line (FCL) will provide insurance against those risks and bolster market confidence, the International Monetary Fund said in … Read more

CPEC chief vows to unlock Northern Areas potential

Envious And Enemies of Pakistan Collude To Disrupt CPEC: Asim Saleem

ISLAMABAD: China Pakistan Economic Corridor (CPEC) Authority chairman Lt Gen Asim Saleem Bajwa (Retd) has vowed to unlock the potential of the Northern Areas in line with Prime Minister Imran Khan’s decision. In a tweet, the CPEC Authority chairman, who is currently on Gilgit-Baltistan’s visit said he met Chief Minister Khalid Khurshid to discuss with … Read more