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OpenAI wins $200M pentagon deal to build AI tools for U.S. defense

Pakistan, June 17 -- OpenAI, the creator of ChatGPT, has secured a massive $200 million contract with the U.S. Department of Defense to develop artificial intelligence (AI) tools for national security... Read More


KSE-100 surges 650 points as investors show renewed buying interest

Pakistan, June 17 -- The Pakistan Stock Exchange (PSX) showed strong positive momentum on Tuesday as the KSE-100 Index gained nearly 650 points. At 11:40am, the benchmark index stood at 122,870.73, ma... Read More


Pakistani baseball player Lance Khan dies in Houston car crash

Pakistan, June 17 -- HOUSTON - Pakistani baseball player Lance Khan has tragically passed away in a traffic accident in Houston, according to an official statement from the Pakistan Baseball Federatio... Read More


Israeli attack near Gaza aid site kills over 50, say rescuers

Pakistan, June 17 -- Israeli forces killed at least 50 people and injured more than 200 near an aid centre in southern Gaza on Tuesday. Gaza's civil defence reported that the victims had gathered in K... Read More


China bans civil servants from dining out in groups amid Xi's anti-corruption drive

Pakistan, June 17 -- In a strict new move, some Chinese civil servants have been banned from dining in groups larger than three. This comes after three officials died since April due to excessive drin... Read More


Aurangzeb: Economy shielded against middle east crisis, US tariffs under review

Pakistan, June 17 -- Finance Minister Muhammad Aurangzeb assured that Pakistan is fully prepared to handle any economic fallout from Middle East tensions. Speaking at a national workshop in Islamabad,... Read More


Israeli hacker group claims major cyberattack on Iranian bank Sepah

Pakistan, June 17 -- An Israeli-linked hacker group has claimed responsibility for a major cyberattack on Iran's Bank Sepah, reportedly destroying all its data. The group, known as Gonjeshke Darandeh,... Read More


Pakistan tightens tax net on SEZs in IMF-driven shakeup

Pakistan, June 17 -- The Pakistani government has decided to stop giving tax exemptions to new Special Economic Zones (SEZs). This step is part of ongoing reforms under the International Monetary Fund... Read More


Govt to pass rising oil costs to consumers, keeps petroleum Levy unchanged

Pakistan, June 17 -- The government has decided not to increase the Petroleum Development Levy (PDL) despite rising oil prices caused by tensions in the Middle East. Instead, the extra cost will be pa... Read More


PIA employees join bidding race, claim first right to buy National airline

Pakistan, June 17 -- Employees of Pakistan International Airlines (PIA) have submitted a joint bid to acquire the struggling national carrier, intensifying the competition ahead of the June 19 deadlin... Read More