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Simpaisa Wins Fastest Growing Brand of the Year as a Payment Facilitator; CEO Yassir Pasha Honored as Entrepreneur of the Year

Pakistan, April 23 -- Simpaisa, a premier digital payments facilitator in frontier markets, has been awarded with Fastest Growing Brand of the Year in Payment Facilitator category, solidifying its pos... Read More


Oil prices jump over 1% amid Iran sanctions and US inventory drop

Pakistan, April 23 -- Oil prices rose more than 1% on Wednesday as new US sanctions hit Iran and American crude inventories dropped sharply. Brent reached $68.44 per barrel, while US crude touched $64... Read More


Pakistan railways police to go digital in 3 months, says IG

Pakistan, April 23 -- Pakistan Railways Police will switch to a fully digital system within three months, announced IG Rai Muhammad Tahir on Wednesday. The move follows the Punjab Police model and inc... Read More


German companies use Dubai to enter Pakistan's growing market

Pakistan, April 23 -- German companies are showing strong interest in Pakistan's market, and many are using Dubai as a launchpad. The German Emirati Joint Council says Dubai makes it easier for firms ... Read More


Tesla profits crash 71% in Q1 2025, miss estimates by $1.8 billion

Pakistan, April 23 -- Tesla reported a 71% drop in net income for Q1 2025, marking a major financial setback. The company earned $409 million, down from $1.39 billion in the same period last year. Its... Read More


China keeps trade door open after Trump signals tariff relief

Pakistan, April 23 -- China has said it is ready for fresh trade talks with the US, one day after President Donald Trump hinted at reducing high tariffs. Trump called the current 145% tariffs on Chine... Read More


Gold price drops sharply by Rs11,700 per tola in Pakistan

Pakistan, April 23 -- Gold prices in Pakistan saw a major drop on Wednesday. The rate fell by Rs11,700 per tola, settling at Rs352,000. Just a day earlier, gold had hit a record high of Rs363,700 per ... Read More


Strong 6.2 magnitude earthquake hits Turkiye, tremors felt across Europe

Pakistan, April 23 -- A powerful earthquake of 6.2 magnitude struck Turkiye on Wednesday, shaking several parts of the country, including Istanbul. The U.S. Geological Survey reported that the epicent... Read More


Pakistan eyes mineral exports to narrow $3 billion trade gap with US

Pakistan, April 23 -- Pakistan's Finance Minister Muhammad Aurangzeb has proposed using the country's mineral wealth to reduce the trade gap with the US. Speaking in Washington, he emphasized that cop... Read More


Qarz-e-Jaan finale faces backlash for showing rapist in sympathetic light

Pakistan, April 23 -- The drama Qarz-e-Jaan ended on a controversial note as viewers criticized the finale for softening a brutal criminal's image. The show had earlier won praise for boldly showing a... Read More