Govt Confirms Utility Stores Shutdown Date

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Prime Minister Shehbaz Sharif-led federal government has finalized plans to shut down the Utility Stores Corporation (USC), the country’s public retail network, by July…

IMF Rejects Pakistan’s Subsidy Plan for Crypto and Data Centers

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The International Monetary Fund (IMF) has rejected Pakistan’s plan to offer subsidized electricity rates to crypto mining operations, data centers, and heavy industries. The proposal,…

Amazon to Shut Down Freevee App by August

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Amazon is officially phasing out its standalone Freevee app by August 2025, marking a major shift in its streaming strategy. Users of the free, ad-supported…

FBR removes additional Customs Duty on imports in lower slabs

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has announced the complete removal of Additional Customs Duty (ACD) on imported goods falling under the 0%, 5%, and…

AliExpress Halts Budget Shipping to Pakistan Amid New Tax Rules

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

AliExpress has officially stopped several low-cost shipping methods to Pakistan following recent customs tax reforms imposed by Pakistani and Sri Lankan authorities. This regulatory move…

Luxury SUV Prices Fall Sharply After Pakistan’s 2025 Budget

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Following the implementation of the Finance Act 2025 and accompanying new SROs (Statutory Regulatory Orders), Pakistan’s federal government has reduced import duties on luxury vehicles.…

Google Faces €525M Fine Over Gmail Ad Privacy in France

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Google is under threat of receiving a €525 million (£443 million) fine from France’s data protection authority, the Commission nationale de l’informatique et des libertés…

Govt Eases Pension Rules for Re-Employed Workers

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has approved a measure allowing re-employed pensioners to receive their pensions while also drawing a salary, provided the salary is reduced by…

SBP Buys $6.8B to Boost Reserves, Repay Debt

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has made a significant move to stabilize its foreign reserves by purchasing $6.8 billion from the interbank market between…

Google Doubles Energy Use, Pushes for Carbon-Free Future

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Google’s latest sustainability report reveals a staggering increase in electricity consumption. In 2024, the tech giant’s data centers consumed 30.8 million megawatt-hours of electricity, more…

Amazon Hits 1 Million Robots, 13 Years After Their Launch

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Amazon has officially crossed a historic threshold, deploying its one millionth robot across its global warehouse operations. The milestone robot was delivered to a fulfillment…

Kia Confirms Staggering Price Hikes in Pakistan (All Vehicles)

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Lucky Motor Corporation (LMC) has officially revised the prices of multiple Kia vehicles, with increases reaching up to Rs. 700,000. The new pricing structure came…

Interbank ATM Withdrawal Fees Hiked by 50% Across Pakistan

By Huma Ishfaq ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a move that affects millions of account holders across Pakistan, banks have raised the fee for withdrawing cash from ATMs of banks other than…

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