Business

Meta poaches 28-year-old Scale AI CEO

Meta poaches 28-year-old Scale AI CEO

Facebook-owner Meta has invested in Scale AI in a deal that values the data-labeling startup at $29 billion and brings…
Gold price in Pakistan increases for 4th day

Gold price in Pakistan increases for 4th day

The price of gold in Pakistan and globally steadily continued to witness an upward trend.  According to the All Pakistan…
CM Murad unveils Rs3,450bn Sindh budget 2025-26

CM Murad unveils Rs3,450bn Sindh budget 2025-26

KARACHI: Sindh Chief Minister Murad Ali Shah on Friday presented a provincial budget of Rs3,450 billion for the fiscal year…
Minister propose revisions in e-commerce taxation framework

Minister propose revisions in e-commerce taxation framework

ISLAMABAD: Minister for Commerce Jam Kamal Khan Thursday said that E-Commerce Policy 2.0 was in its final stages of internal…
Pakistan, Saudi firm launch $150m minerals processing complex

Pakistan, Saudi firm launch $150m minerals processing complex

Pakistan has launched a $150million minerals processing complex in Punjab in collaboration with Saudi-based Anfal Group, a private industrial company,…
Power consumers to bear Rs3.23/unit surcharge until 2031

Power consumers to bear Rs3.23/unit surcharge until 2031

ISLAMABAD: Electricity consumers across Pakistan are already paying a Debt Service Surcharge (DSS) of Rs3.23 per unit on their monthly…
SBP likely to hold interest rate unchanged in monetary policy meeting on 16th

SBP likely to hold interest rate unchanged in monetary policy meeting on 16th

ISLAMABAD: The State Bank of Pakistan (SBP) confirmed that its next Monetary Policy Committee (MPC) meeting will be held on…
PSX drops over 2,000 points amid Iran-Israel escalation

PSX drops over 2,000 points amid Iran-Israel escalation

KARACH: The Pakistan Stock Exchange (PSX) opened in the red on Friday with the benchmark KSE-100 index shedding a sharp…
Gold tops 1-month high as Middle East tensions spur safe-haven demand

Gold tops 1-month high as Middle East tensions spur safe-haven demand

Gold prices climbed on Friday to their highest point in more than a month, on track for a weekly gain,…
Dollar and other safe havens rise as Israel strikes Iran

Dollar and other safe havens rise as Israel strikes Iran

The U.S. dollar advanced on Friday after Israel said it had launched strikes on Iran, sparking a rush back into…
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