News

Govt defends fuel hike: at least it’s not 70%

Pakistan’s fuel price increases remain significantly lower than those seen globally despite a massive rise in petroleum product (POL) rates, the government on Monday said, as international markets witness sharp spikes in energy costs. In a post on social media platform X, Advisor to the Finance Minister Khurram Schehzad noted that fuel prices have risen sharply across both developed and emergin

Selling returns to bourse amid geopolitical tensions, KSE-100 down nearly 2,800 points

Selling pressure returned at the Pakistan Stock Exchange (PSX) amid escalation in the Gulf region, with the benchmark KSE-100 Index shedding nearly 2,800 points during the opening hours of trading on Thursday. At 10:40am, the benchmark index was hovering at 151,503.86, a decrease of 2,788.39 points or 1.81%. Selling was observed in key sectors, including automobile assemblers, cement, commer

NBP conducts Merchant Sales Conference in Lahore

National Bank of Pakistan (NBP) conducted its Second Merchant Sales Conference in Lahore as part of its continued efforts to expand digital payments adoption and strengthen Pakistan’s cashless payments ecosystem. The conference was hosted by Golootlo, NBP’s debit card alliance partner, and brought together senior leadership from NBP, global payment schemes, fintech partners, and key stakeholder

NGMS/5G licences’ award today: Jazz showcases 5G readiness to PTA delegation

Jazz showcased its 5G readiness to a delegation from the Pakistan Telecommunication Authority (PTA) during a visit to its headquarters in Islamabad on Wednesday, ahead of the formal award of Next Generation Mobile Services (NGMS)/5G licenses scheduled for Thursday (today). During the visit, a Jazz team showcased the network’s 5G capabilities, highlighting its readiness to deliver high-speed, ne

Pakistani employees facing new phenomenon of ‘digital anxiety’: survey

Pakistani employees are facing a new phenomenon of ‘digital anxiety’ which is becoming a defining feature of modern work culture, as employees don’t disconnect even during their free time and vacations. A new Kaspersky survey undertaken in the Middle East, Turkiye and Africa (META) region and Pakistan revealed pressure to remain constantly available is contributing to heightened stress levels i