ISLAMABAD – The Central Power Purchasing Authority (CPPA) has requested a rise in electricity pricing for one month due to fuel cost adjustments. It has filed a petition with the National Electric Power Regulatory Authority (Nepra) requesting a Rs2.10 per unit increase in the power tariff. Nepra will consider theRead More →
(Reuters) – A global tech outage caused by a software update from cybersecurity firm CrowdStrike affected approximately 8.5 million Microsoft devices, Microsoft said in a blog post on Saturday. “We currently estimate that CrowdStrike’s update affected 8.5 million Windows devices, or less than one percent of all Windows machines,” accordingRead More →
LAHORE (APP) – Pakistan Railways has declared that, starting on Friday, July 19, all trains will have higher fares. A press release distributed on Thursday announced a one percent fare hike for all postal, express, intercity, and passenger trains, including those that use contracted services. The justification for this modificationRead More →
ISTANBUL: According to official figures released on Wednesday, Turkey’s annual inflation rate dropped to 71.6 percent in June, the lowest level in previous months. Consumer prices peaked in May at 75.45 percent, and then they started to decline. Mehmet Simsek, the minister of finance, wrote on X that “the disinflationRead More →
BEIJING (Reuters) — China has enacted legislation to better safeguard farmers’ land rights and encourage the formation of village collectives, with the goal of bolstering the country’s struggling rural economy and achieving food security, according to official media. While all farmland in China is state-owned, farmers have decades-long land leaseRead More →
ISLAMABAD – Petroleum prices are expected to fall beginning tomorrow (October 1), since the Pakistani rupee has recovered significantly versus the US dollar. According to sources, petroleum prices have been trending downward on the international market, and it is hoped that the government would lower the costs to bring aRead More →
LONDON Reuters: After last week’s gains, the dollar climbed against the yen to an almost 11-month high on Monday, keeping traders’ attention on the chances of a Japanese intervention. After the BOJ maintained ultra-low interest rates and Governor Kazuo Ueda emphasized the need to take more time analyzing data beforeRead More →
Starting on Friday, when extensive EU regulations compel digital businesses to comply, the biggest names in technology must take action against unlawful material and maintain user safety for Europeans online. The historic Digital Services Act (DSA) requires digital companies to tighten up content policing in order to shield European usersRead More →
NEW DELHI (Reuters/Web Desk) – China’s Vice Commerce Minister Wang Shouwen said on Friday in New Delhi that India is free to join the Regional Comprehensive Economic Partnership (RCEP), adding that it will increase commerce between India and China, which is expanding “very quickly.” Reuters. The Regional Comprehensive Economic PartnershipRead More →
KARACHI: The management of Pakistan International Airlines (PIA) has chosen to pursue legal action against the workers who are protesting the national flag carrier’s privatization and asking for pay increases. ARY News was informed by sources that the PIA administration had finished its legal due diligence before acting against workersRead More →
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