SBP has directed banks to employ at least 20 percent of women by 2023. The State Bank of Pakistan (SBP) Governor Dr Reza Baqir said on Monday that gender diversity is critical to economic development and the inclusion of women in the financial system. On the eve of International Women’s Day, the SBP in collaboration with Bank Alfalah, Standard Chartered …

Web Desk — Sony will develop an electric car for Honda by 2025, MotorTrend has reported. Sony is sending clear signals that it intends to build electric vehicles, even showing concept versions of the Vision-S 01 sedan and Vision-S 02 SUV recently. Sony has no experience or infrastructure in building cars, and company executives admit as much, though the company …

Web Desk — According to the Food and Agriculture Organization (FAO), a Rome-based UN agency, food prices around the world hit a record high in February, thanks largely to a surge in vegetable oils and dairy products. FAO’s food price index, which tracks global food prices, averaged 140.7 points last month, compared to a downwardly revised 135.4 in January. That …

Web Desk — PayPal announced Saturday that it was suspending service in Russia in response to its invasion of Ukraine, adding to the list of firms retreating from the country. In a letter to the Ukrainian government, PayPal CEO Dan Schulman said: “Under the current circumstances, we are suspending PayPal services in Russia.” Ukraine’s minister of digital transformation, Mykhailo Fedorov, …

Web Desk — World’s top car-maker Honda has launched The All-New 2022 Honda Civic Sensing worldwide including Pakistan. The all-new 2022 Civic Sedan is a modern expression of Honda’s human-centered design philosophy. In Pakistan, this is Honda’s 11th Generation of Civic launched on 5th March 2022. Specifications: High-Resolution Navigation Screen. Equipped with an exceptional navigation screen evolved from previous generations …

Web Desk — Following the Russian invasion of Ukraine, experts believe that inflation in Pakistan is expected to rise further.According to Pakistan Business Council (PBC) CEO Ehsan Malik, Pakistan was already struggling to deal with the surge in global commodity prices, and the conflict between Russia and Ukraine would exacerbate the problem. He said, “We saw Brent crude oil cross …

Web Desk — According to the White House, the United States and its allies have agreed to block select Russian banks from using SWIFT, a global financial messaging system. In a joint statement with leaders of the European Commission, France, Germany, Italy, the United Kingdom, and Canada, the officials said excluding Russia from SWIFT means that “these banks are disconnected …

Web Desk — The Track & Trace System (TTS) will help in bringing transparency to the tax collection process, said FBR’s Project Director TTS Tariq Hussain Sheikh at a symposium held on the implementation of TTS in the fertilizer sector. As a result of the prior implementation of the TTS in the sugar sector, the majority of companies have already …

Web Desk — After bad quality cooking oil, bread and confectionary items, cheap Iranian dairy goods have occupied place in the Pakistani markets. Pakistani buyers might be benefiting from these minimal expense Iranian merchandise, yet the local producers are exceptionally enraged over the rising presence of smuggled Iranian dairy items. CEO Pakistan Dairy Association (PDA) Dr Shehzad Amin says the …

Web Desk — Bollywood King Shah Rukh Khan (SRK) is currently busy shooting for his upcoming film ‘Pathan.’ His latest picture from the set of Pathan is breaking records of popularity on social media. In the picture, SRK can be seen in a casual look with his hair tied up in a ponytail. The actor being his charismatic self is …