HeadlinesInternet disruption paralyzes banking services, leads to long queues at ATMs
Dec 3, 2024
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Headlines
HeadlinesKSE-100 reaches historic high, closes above 104,000 with 1,300-point surge
Dec 3, 2024
World Business NewsBezos backs Tenstorrent with $700 million to challenge Nvidia’s AI chip dominance
Unlike Nvidia, Tenstorrent focuses on developing cost-effective and power-efficient AI chips
Dec 3, 2024
HeadlinesKinnow exports fall 50% over five years
The combined effects of smog, fog, and weather patterns decrease kinnow exports
Dec 3, 2024
HeadlinesTea importers urge government to reconsider Rs1,200/kg MRP
The Rs1,200/kg tax makes tea less affordable, even with varying import prices, President KCCI
Dec 3, 2024
HeadlinesCotton prices drop below Rs18,000 per bale due to high yarn imports
Cotton imports remain exempt from sales tax, while locally produced cotton and yarn face 18% tax
Dec 3, 2024
HeadlinesFBR allows tourists to import vehicles without Customs duty
Tourists must apply before the three-month deadline for an extension if export is delayed
Dec 3, 2024
HeadlinesBanks’ advances rise 16% YoY, deposits increase 17.9% YoY in October
Banks’ advances rise to Rs13.8 trillion, deposits grow to Rs31.1 trillion in October
Dec 3, 2024
Top News UpdatesPakistan considers suing Neelum-Jhelum consultants over Rs500bn project faults
Legal action under review as project remains non-operational since May 2022
Dec 3, 2024
Social MediaGovt proposes sweeping changes to Peca, including new authority and tougher penalties: report
Draft law introduces stricter penalties, including five-year jail term and million-rupee fines for "fake news"
Dec 3, 2024
World Business NewsPat Gelsinger steps down as CEO of Intel Corporation
Gelsinger resigns after meeting with Intel’s board about market share and competition with Nvidia
Dec 3, 2024
World Business NewsCourt denies Musk’s $56 billion compensation package despite shareholder vote
Musk and Tesla can appeal to the Delaware Supreme Court once McCormick issues a final order
Dec 3, 2024