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[ Listen to article KARACHI: The Directorate of Customs Post Clearance Audit has validated the allegations of large-scale money laundering involving 13 companies that imported solar panels. The Customs Adjudication Collectorate imposed a massive penalty of Rs111 billion on these companies for bringing in fake solar panel shipments. According to Shiraz Ahmed, Director Post Clearance Audit Karachi, … Read more

TORONTO: Ben Shelton earned his first career win over gritty Frenchman Adrian Mannarino on Wednesday, posting a 6-2, 6-3 victory to earn a third-round spot at the ATP Toronto Masters. The American fourth seed came to the court with a pair of losses against 37-year-old qualifier Mannarino, but said he was able to vary his … Read more

[ Listen to article KARACHI: Deputy Inspector General (DIG) East, Dr Farrukh Ali, has announced a comprehensive security upgrade for Korangi Industrial Area, pledging use of modern surveillance tools, trained personnel, and improved communication systems to protect the business community, as per a statement released on Thursday. During a visit to the Korangi Association of Trade and … Read more

[ Listen to article KARACHI: The Pakistan Stock Exchange (PSX) ended on a strong note on Thursday, fuelled by investor enthusiasm following news of an energy agreement between Pakistan and the US. The benchmark KSE-100 index moved higher by 978.17 points, or 0.71%, and settled at 139,390.42. Market participants welcomed the breakthrough, which included reduced trade barriers … Read more

TikTok on Wednesday rolled out a crowd-sourced debunking system in the United States, becoming the latest tech platform to adopt a community-driven approach to combating online misinformation, reported AFP. Footnotes, a feature that the popular video-sharing app began testing in April, allows vetted users to suggest written context for content that might be wrong or … Read more

Pakistan Champions have qualified for the World Championship of Legends (WCL) 2025 final following India Champions’ withdrawal from their semi-final clash, the tournament organisers confirmed on Wednesday. The defending champions, who pulled out of their high-octane against Pakistan Champions earlier in the tournament, earned a miraculous qualification into the semi-finals by comprehensively defeating West Indies … Read more

[ Listen to article KARACHI: Pakistan’s total liquid foreign exchange reserves stood at $19.61 billion after a decline of $153 million for the week ended July 25, 2025 owing to debt payments, according to figures released by the State Bank of Pakistan (SBP) on Thursday. The SBP reported a decrease of $153 million in its reserves, which … Read more

[ Listen to article ISLAMABAD: Federal Minister for IT and Telecommunication, Shaza Fatima Khawaja, said on Thursday that Pakistan’s first National Artificial Intelligence (AI) Policy will mark the country’s transition into a new digital era. The cabinet has unanimously approved the National AI Policy 2025. The plan aims to build a strong AI ecosystem that will democratise … Read more

The Federal Board of Revenue (FBR) has made a steady start to the fiscal year by achieving its first-month target, collecting Rs755 billion in revenues on the back of improved performance in indirect taxes, as both the tax machinery and traders await clarity on several unresolved issues. The provisional collection exceeded the monthly target of … Read more