Web Desk – Customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago will receive their money back plus interest. FTX co-founder and former CEO Sam Bankman-Fried (SBF) has already been found guilty on seven counts related to fraud, conspiracy, and money laundering, with some $8 billion of customers’ funds going missing. SBF was awarded a 25-year …

Web Desk – Pakistan started its journey at the Sultan Azlan Shah Hockey Tournament with a victory as the Green Shirts defeated the host Malaysia 5-4 with a last-minute winner by Abu Mahmood on Saturday in Ipoh, Perak. The exciting nine-goal thriller saw some of the best goals as the Green Shirts surprisingly managed to emerge victorious after a tense …

Web Desk — One of the major ride-hailing apps – Uber has announced to stop operations in Pakistan, media has reported. The company was operating only in Lahore after ending operations in five other cities in 2022. As Uber’s spokesperson says, it will be taken over by subsidiary Careem in Lahore. He said the company had decided to cease its …

Web Desk — The Central Power Purchasing Authority (CPPA) has proposed the imposition of tax on installation of solar panel systems for domestic or commercial purposes. The authority has asked the government to receive Rs2,000 per kilowatt tax from users of solar panels. People call it a move that would discourage those shifting to solar for producing electricity. The tax …

Web Desk — Yamaha YBR-125 aims at giving tough competition to rival companies in Pakistan with its sporty looks and powerful engine. Its 4-stroke OHC 125 cc engine will happily propel you around city streets with its smooth fuel injection and five-speed gearbox. Yamaha YBR 125 features both Self Starter/Kick Starter systems. Its ignition system is 12V DC – CDI …

Web Desk — Pak Suzuki Motor Company Ltd (PSMCL) said its corporate data was leaked due to a cyberattack. PSMCL, in a stock filing on Monday, said initial investigations suggest that the server’s data related to human resources, financials, etc., has been ported to a public IP. “We have onboarded a security consultant to conduct a detailed forensic assessment and …

Web Desk — As business activity resumed operations after Eid holidays, the Pakistani Rupee sustained its stability against US Dollar in the foreign exchange market. Currency dealers surprized to note that despite the payment of $1 billion in Eurobond, the value of the rupee remained steady. The interbank rate saw a slight decrease of 6 paisas, with the dollar now …

Web Desk — Prime Minister Shehbaz Sharif gave away awards to the highest taxpayers and exporters of the country at the Tax Excellence Awards 2024. According to the media reports, Imtiaz Hussain of Imtiaz Provision Stores tops the list of the highest income tax payers. Musadaq Zulqarnain of Interloop Limited is the second in this list. Tarique Aziz Channa, the …

Web Desk — Pakistan Cricket Board (PCB) is going to take final decision about Shaheen Shah Afridi’s T20I captaincy after the fitness camp at Kakul. Chairman PCB, Mohsin Naqvi told media persons that even he did not know about the future captain of the Pakistan Cricket team. Naqvi said the selection committee will choose the captain and he will not …

Web Desk — Christiano Ronaldo is under discussion on social media for ending one of his social media posts with ‘Inshallah’. A flood of reaction came on social media following Ronaldo’s saying Inshallah. Some are of the view that the star footballer used the common Muslim phrase to attract more money and contracts. Others believe that Muslim culture actually inspired …