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Category: Business

Discos Apply for a Rs1.829 per Unit Increase in Electricity Prices

Discos Apply for a Rs1.829 per Unit Increase in Electricity Prices

In Pakistan, some electricity distribution companies (XWDiscos) are asking for permission from the National Electric Power Regulatory Authority (Nepra) to raise the cost of electricity for consumers by Rs1.829 per unit starting in October. They're

Pakistani banks double their profits in a year

Pakistani banks double their profits in a year

According to a State Bank of Pakistan (SBP) report on the mid-year performance review of the banking sector (January to June 2023), banks in the country witnessed a remarkable surge in profits. Their profits more

Gold markets stop issuing rates to look for ways to curb speculation

Gold markets stop issuing rates to look for ways to curb speculation

The government crackdown on the bullion market has forced the jewelers to freeze the market and look for ways to curb speculation as law enforcement agencies continue their drive to weed out any and all

Apple to roll out its all new iOS for iPhone, iPad, and smartwatches

Apple to roll out its all new iOS for iPhone, iPad, and smartwatches

Apple is set to roll out major software updates for its iPhone, iPad, and smartwatch on September 25, bringing exciting new features and a fresh look for compatible devices. These updates were initially unveiled at

Pakistan sees increase in exports to Middle East

Pakistan sees increase in exports to Middle East

Pakistan is seeing a rise in exports to Middle Eastern countries after dipping down to record lows in the recent months with a rise of 20.82 percent recorded in the month of July. According to

Arrival of 5G in Pakistan could take more time than expected

Arrival of 5G in Pakistan could take more time than expected

The much-anticipated arrival of 5G cellular network might not be available to users in Pakistan as some have expected as 5G spectrum auction for cellular networks will have to wait for the arrival of the

Government now plans a crackdown against gold mafia

Government now plans a crackdown against gold mafia

After cracking down on goods and currency smuggling as well as electricity theft in the country that produced substantial results, the caretaker government now plans to crackdown against the black market of gold as well

WhatsApp says it is not putting ads on its platform

WhatsApp says it is not putting ads on its platform

WhatsApp has refuted the claims that it is developing ads for its platform in order to increase revenue for the Meta owned company. WhatsApp head Will Cathcart, in a social media post, said that the

Will ChatGPT be your next personal doctor?

Will ChatGPT be your next personal doctor?

As ChatGPT take over many of the mundane tasks from office workers, is it possible for it to diagnose patients and prescribe medicines and other medical procedures that are tailored to the users’ specific condition?

International fintech company OPay to start operations in Pakistan

International fintech company OPay to start operations in Pakistan

OPay, an international fintech company, has decided to start its operations in Pakistan and is expected to launch its services within 3 months. OPay is a one-stop mobile-based digital financial platform for payments, transfers, loans,