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Web Desk Karachi
May 22, 2025

Jony Ive returns to consumer tech with OpenAI in $6.5 billion deal for AI device innovation

The purchase – the largest in OpenAI’s history – will provide the company with a dedicated unit for developing AI-powered devices

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Web Desk Karachi
May 22, 2025

Indian banks seek greater flexibility in Reserve requirements amid digital payment growth

The cash reserve ratio currently stands at 4 percent of deposits, which needs to be reported by banks to the Reserve Bank of India on a fortnightly basis. Banks set aside 90 percent of this requirement daily at present.

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Web Desk
May 22, 2025

PTA chief’s “cannabis cigarette” jab against Aimal Wali sparks Senate showdown

The confrontation reached a point where Senator Aimal Wali issued an ultimatum: “Either the PTA chairman leaves this meeting, or I will.”

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Web Desk Karachi
May 22, 2025

AI-designed drugs to hit market within five to six years, Insilico CEO predicts

The pharmaceutical industry has long touted the promise of AI in slashing time and costs in the research and development process, although none has been approved so far.

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Web Desk
May 22, 2025

Summer vacations announced for Sindh Schools

Summer vacations have been announced for all public and private educational institutions across Sindh from June 1, 2025.

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Web Desk
May 22, 2025

India halts water flow to Pakistan from Kishanganga Dam

India’s water aggression has entered a new phase as it has reportedly stopped the flow of water from the Kishanganga Dam

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Web Desk
May 22, 2025

PSX jumps over 700 points, PKR appreciates

As the PSX posts strong performance, the Pakistani Rupee has also appreciated against the US dollar, with PKR-USD parity now at Rs281.77.

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Web Desk
May 22, 2025

6.1 earthquake jolts Greek Island Crete, Tsunami alert issued

A powerful earthquake measuring 6.1 on the Richter scale struck near the Greek island of Crete early Thursday morning

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Reuters
May 22, 2025

Suryakumar puts Mumbai in the playoffs, picks up long-awaited award

The middle order lynchpin’s unbeaten 73 off 43 balls powered Mumbai to 180-5 before they bundled out Delhi Capitals for 121 inside 19 overs, sealing a playoff berth alongside Gujarat Titans, Royal Challengers Bengaluru and Punjab Kings.