TechTrump calls DeepSeek's AI a wake-up call for U.S. tech
DeepSeek’s cheaper and faster AI development methods could challenge U.S.-based AI leaders, says Trump
Jan 28, 2025
Monitoring Report
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.
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Tech
World Business NewsU.S. should hold 50% stake in TikTok, says Trump
The remarks come amid ongoing scrutiny over TikTok's ownership and its ties to China
Jan 28, 2025
World Business NewsU.S. fines KuCoin $297 million for unlicensed money transmission
The settlement includes a $112.9 million criminal fine and $184.5 million forfeiture, requiring KuCoin to cease operations in the U.S. for at least two years
Jan 28, 2025
HeadlinesIMF opposes Pakistan’s plan to slash industrial power tariffs by Rs2.70 per unit
Proposal aimed at Rs37 billion relief for industries rejected in favor of broader reforms
Jan 28, 2025
HeadlinesSindh government aims to improve fisheries infrastructure and exports
Efforts are underway to meet European Union standards to lift the ban on seafood exports, particularly shrimp and fish, says Minister
Jan 28, 2025
HeadlinesFederal cabinet approves purchase of additional vehicles for FBR officers
With 77 additional vehicles, total number of cars reaches 1,100 at a cost of over Rs6 billion
Jan 28, 2025
HeadlinesUS suspends aid to Pakistan, halting major projects across key sectors: report
Governance, energy, and health initiatives among sectors affected
Jan 28, 2025
HeadlinesCustoms unearths Rs825m tax evasion at Port Qasim Export Processing Zone
Trading unit accused of smuggling; case registered against company directors and clearing agents
Jan 28, 2025
EconomyEconomic report shows mixed growth; hopes pinned on monetary easing and reforms
Agriculture and industry contract, but fiscal discipline, falling inflation, and IMF-backed policies seen as key to growth
Jan 28, 2025
HeadlinesSenate panel orders audit of solar imports amid Rs70bn invoicing scandal
Committee flags suspicious transactions involving two companies and banks, urges enhanced monitoring
Jan 28, 2025
HeadlinesNeelum Jhelum outage costs consumers Rs167.8bn, high-level committee reviews impact
Committee evaluates surcharge, tariff adjustments, and consumer protection measures
Jan 28, 2025
HeadlinesOnly 12 Pakistanis declare wealth over Rs10 billion, FBR chairman reveals
93.7% of property transactions undervalued, tax body’s proposal to link property purchases with declared assets sparks heated debate in parliamentary committee
Jan 28, 2025