HeadlinesPAC exposes Rs4bn financial misuse, illegal recruitment in Pakistan Post, refers case to NAB
Unauthorised bank accounts and fake hiring practices raise serious concerns over transparency and accountability
May 30, 2025
Monitoring Report
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Headlines
HeadlinesFBR links cut in FED on juices to submission of post-dated cheques for next fiscal year
Juice industry seeks reduction of FED from 20% to 15% amid sharp sales decline and calls for government relief
May 30, 2025
HeadlinesDigital currency remains banned in Pakistan despite govt’s crypto push, officials clarify
Finance Ministry and SBP reaffirm illegality of crypto transactions amid mixed signals from crypto council and digital asset initiatives
May 30, 2025
AutomobileAmazon’s Zoox issues second software update after San Francisco crash
The update addresses a rare issue where the vehicle could resume travel without detecting nearby pedestrians after stopping or moving slowly
May 30, 2025
AutomobileTesla’s Robotaxi launch expected in June, Musk says
Musk says the tests are running ahead of schedule and have not experienced any incidents
May 30, 2025
AutomobileXiaomi launches Tesla Y rival YU7 in Beijing showrooms
YU7 launch comes amid challenges for Xiaomi, as new EV orders have declined following a fatal highway crash involving the SU7
May 30, 2025
TechGoogle begins direct online sales of hardware devices in India
Google plans physical stores in India to showcase Pixel and other hardware products
May 30, 2025
TechDeepSeek R1 update narrows gap with OpenAI and Google in AI performance
The updated version improves reasoning depth, inference capabilities and enhancing performance on complex tasks
May 30, 2025
World Business NewsOil prices fall over 1% after U.S. court blocks broad Trump tariffs
Brent crude futures close 1.2% lower at $64.15 a barrel, while U.S. West Texas Intermediate crude drops 1.5% to $60.94 a barrel
May 30, 2025
World Business NewsDollar falls as trade court blocks major Trump tariffs
Dollar drops 0.28% to 144.42 yen and 0.42% to 0.824 against the Swiss franc
May 30, 2025
HeadlinesEnergy ministry links Building code to power efficiency standards
Awais Leghari notes that existing infrastructure and design practices contribute to high power demand
May 30, 2025
HeadlinesPetroleum minister reviews PPL’s operations and performance
Ali Pervaiz Malik reiterates the Ministry’s support for the company’s ongoing and future initiatives
May 30, 2025