EU Commission Launches Antitrust Probe Into Visa’s Retailer Fees The European Commission (EC) has opened a preliminary investigation into fees charged by Visa to retailers. This probe follows a recent report indicating that both Visa and Mastercard are under scrutiny for potentially harming competition in the payments market. Allegations of Anti-Competitive Practices The EC informed…
IMF Predicts Decline in Inflation and Unemployment in Pakistan for FY 2024-25 The International Monetary Fund (IMF) has forecasted a decrease in inflation and unemployment in Pakistan for the current fiscal year, 2024-25, according to its World Economic Outlook 2024 report. The IMF projects that the average inflation rate in Pakistan will stand at 9.5%…
Pakistan’s IT Export Remittances Surge by 33.54% in FY 2024-25 Q1 ISLAMABAD, – Pakistan’s IT export remittances have witnessed a substantial increase, reaching US$ 876 million during the first three months of FY 2024-25 (July to September), marking a notable 33.54% rise from US$ 656 million in the same period last year (FY 2023-24). Minister…
Islamabad (Ali Haider) – On November 6, 2024, the Sanober Institute hosted an International Conference on Pakistan’s tourism potential at Serena Hotel Islamabad. This event, organized in collaboration with Serena Hotels, gathered tourism experts, government officials, and international participants to explore and promote Pakistan’s diverse tourism offerings, focusing on four key areas: mountain, coastal, religious,…
Dollar Rate Increases by 6 Paisa in Interbank Market Today, the value of the dollar in the interbank market increased by 6 paisa, closing at 277.85 rupees. The dollar had previously closed at 277.79 rupees yesterday. Throughout October, the dollar has become 14 paisa more expensive in the interbank market, with its rate at 277.71…
Smart Devices Collecting Excessive Personal Data, Study Warns A recent study by consumer group Which? has raised concerns about popular smart devices gathering more personal data than necessary. From TVs to air fryers and smartwatches, many smart products are reportedly making “excessive” data requests. The findings suggest potential privacy risks for consumers and call for…
Frustrated Customer Calls Out Jazz Over Auto Subscriptions A frustrated customer’s email to Jazz, one of Pakistan’s leading telecom companies, has recently surfaced online, highlighting growing discontent over automatic service activations and related deductions. The customer, Muhammad Jehangir, humorously expressed his frustration regarding frequent auto subscriptions without his consent, which seem to be activated every…
For those of us who want to say thank you to our moms, it’s not always easy to put
Meta Terminates Employees for Misusing Meal Credits at Los Angeles Offices Los Angeles, CA – In a surprising turn of events, Meta, the parent company of Facebook and Instagram, has reportedly terminated approximately 24 employees at its Los Angeles offices due to the misuse of their $25 meal credits. The investigation revealed that some employees…
The highly anticipated OnePlus 13R 5G is rumored to make waves in the mid-premium smartphone segment, offering a blend of powerful features and an attractive price point. With an expected launch between February and March 2025, OnePlus enthusiasts are keen to see what this new model will bring. One of the standout features is the…
