IT sector sets sights high to gain AI edge

Tech exports cross $4.6b mark; experts call for shift from low-cost labour to high-value products KARACHI: Pakistan, which set its eyes on $5 billion in IT and IT-enabled services exports, closed the 2025-26 fiscal year with a record $4.6 billion in exports, a roughly 21% rise from $3.814 billion in the previous year. The figure…

Read More

OPEC, IEA diverge on oil demand

LONDON: OPEC on Wednesday lowered its forecast for world oil demand growth in 2026 to 580,000 barrels per day, a copy of its monthly report showed, marking the fourth straight downward revision. The producer group continues to see a smaller impact on consumption since the Iran war started than other forecasters such as the International…

Read More

Gaza film vies for Venice Film Festival top prize

‘NAZA’, which covers mass killing of Palestinian civilians, is critics’ highest-rated film at event VENICE: The Venice Film Festival hands out its top awards on Saturday after two weeks of often dark, violent programming including a chilling Israeli-made documentary about Gaza and an oddball drama starring John Malkovich. “NAZA”, which features Israeli whistleblowers analysing the…

Read More

SC redefines digital justice benchmarks

ISLAMABAD: The Supreme Court on Wednesday said it had set a new benchmark in the delivery of digital justice, reaffirming its commitment to a people-friendly, transparent, and technology-driven judicial system. In an official statement, the court said case hearings were successfully conducted across the country using modern technology, enabling seamless judicial proceedings even in challenging…

Read More

Info ministry urges foreign media to reflect ‘documented facts’ in reporting on Imran Khan

Former Pakistani prime minister Imran Khan speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. — REUTERS The Ministry of Information and Broadcasting on Saturday urged foreign media outlets to reflect “documented facts” while reporting on Pakistan Tehreek-e-Insaf founder and former premier Imran Khan instead of reporting “unfounded political allegations”. A day…

Read More

No change in fuel prices for Aug 11

Govt cites non-publication of Platts rates, petrol remains at Rs327.62 per litre while HSD stays at Rs380.86 People wait their turn to get fuel at a petrol station, in Karachi, Pakistan June 2, 2022. Picture taken June 2, 2022. — REUTERS The federal government on Monday announced that fuel prices would remain unchanged for August…

Read More