Ex-Bank Employees Sentenced to Decades in Prison for Major Fraud
Three former bank employees convicted of embezzling Rs. 976 million, receiving sentences ranging from 18 to 28 years and hefty fines.
Technology
Fauji Foundation to Acquire Major Stake in Askari Insurance Companies
Army Welfare Trust to transfer 51% shares of Askari General and Life Assurance companies to Fauji Foundation, maintaining current control structures.
AI poses greatest threat to women and university graduates in Australia
A new report warns that women and graduates are most vulnerable to job displacement due to AI in Australia.
DeepSeek Aims to Develop AI Chip Competing with Nvidia
Chinese AI firm DeepSeek is reportedly developing its own AI chip focusing on inference. The project aims to reduce reliance on Nvidia…
New Fares and Traffic Rules Introduced for Kaghan Valley Tourists
Fixed round-trip fares and strict traffic management introduced in Naran Bazaar during the ongoing tourism season.
IT minister calls for updated telecom laws to support 5G and digital infrastructure
Information Technology Minister Shaza Fatima Khawaja stresses the need for new telecommunication laws to support modern technologies like 5G and digital in
MAAKS Confirms Legal Authority as Official Pizza Hut Pakistan Master Franchisee
MAAKS International (Pvt.) Ltd. asserts legal authority and warns against unauthorized Pizza Hut outlets in Pakistan.
Telstra outage disrupts Victoria train services
A software glitch causes widespread disruptions in Victoria’s regional train network and mobile communications. Telstra apologises for the inconvenience.
KP Assembly Passes Law Granting Lifetime Official Passports to MPAs and Spouses
Khyber Pakhtunkhwa passes new law expanding privileges for provincial assembly members, including official passports and VIP lounge access.
Finance Minister Puts AI at Heart of Tax Reform
Finance Minister Muhammad Aurangzeb discusses AI-driven tax reforms, upcoming bond issuances and the role of banking in Pakistan’s economic growth.
Karachi Ranked Fourth Least Liveable City in World
Karachi's low ranking in the Economist Intelligence Unit’s Global Liveability Index highlights ongoing challenges such as stability, healthcare and infrast
Samsung to Launch New Foldable Phone on July 22
Samsung to unveil its new wide foldable and updated versions of existing Galaxy Flip and Fold models at an upcoming event.
Supreme Court Upholds Women’s Inheritance Rights
The Supreme Court of Pakistan has ruled that tribal customs cannot deny women their lawful inheritance, upholding Islamic law and constitutional rights.