Category: Business Zone
-
The latest scoop on the economic rollercoaster – gold prices in Pakistan are on the rise for the fourth straight time this week, hitting a whopping Rs. 217,700 per tola by Friday. Let’s break down what’s behind this surge and how it’s playing out in our local scene. Riding the Wave This week, it’s been…
-
Reducing the Staff Discord, the popular communication platform for gamers and online communities, is navigating a complex landscape of financial ambitions, user growth, and employee well-being. Discord is restructuring its workforce, reducing staff by 17% to “sharpen focus and improve agility,” CEO Jason Citron announced. Roughly 170 employees across various departments will be affected. This…
-
On Monday, the interim government announced a reduction in petrol prices by Rs8 per litre for the upcoming fortnight. The Finance Division, in a released notification, stated that this decision was made in accordance with the recommendations put forth by the Oil and Gas Regulatory Authority, with the adjusted ex-depot price now standing at Rs259.34…
-
In a groundbreaking announcement at the Tech Destination Pakistan event, the Caretaker Federal Minister for Information Technology and Telecommunication, Dr. Umar Saif, shared a pivotal development for Pakistan’s freelance community. A pilot project, set to kick off in February, will facilitate payments through PayPal for 10,000 freelancers, marking a significant stride towards financial inclusivity. Payment…
-
In the ever-evolving landscape of global online payments, the absence of PayPal in Pakistan has raised eyebrows and sparked numerous debates. Despite the country’s thriving freelancer community and the growing demand for secure online transactions, PayPal has remained elusive. Let’s delve into the reasons behind PayPal’s reluctance, the importance of its presence, alternative solutions, and…
-
P@SHA’s Moment in the Spotlight Get ready for history in the making as P@SHA Chairman Muhammad Zohaib Khan heads to the prestigious World Economic Forum (WEF) in Davos, Switzerland, from January 15-19, 2024. This marks a significant milestone for the organization, signifying its inaugural leadership presence at the global gathering of prominent figures. Davos Debut…
-
The federal government is expected to reduce the price of petrol by Rs5 per litre starting from January 16. According to reports, the Oil and Gas Regulatory Authority (OGRA) has proposed a decrease of Rs5 per litre for petrol, Rs2 for diesel, Rs3 for kerosene oil, and Rs1.75 for LSD. Insiders at OGRA mentioned, “The…
-
Introduction The rivalry between Microsoft and Apple runs deep, spanning nearly 50 years of innovation, clashes, and even surprising moments of collaboration. From the dawn of the personal computer to the modern age of smartphones and cloud computing, these two tech titans have shaped the landscape of our digital world, pushing each other to new…
-
Investing in cryptocurrency in Pakistan, like any other financial endeavor, has its advantages and disadvantages. On the positive side, crypto investments can yield significant returns, especially for those open to taking risks. The potential for rapid appreciation is evident, with some cryptocurrencies experiencing over 10,000% growth within a few years. Moreover, crypto investments provide a…
-
A cryptocurrency is a securely encoded data sequence representing a unit of currency. Cryptocurrency operates as a digital payment system independent of traditional banks for transaction verification. It functions as a peer-to-peer network, allowing individuals worldwide to conduct payments. Unlike physical currency exchanged in the real world, cryptocurrency transactions solely exist as digital entries in…