Health activists urge govt to impose higher taxes on cigarettes for public welfare

smoking pakistan

Health activists and civil society organizations are calling on the government to impose higher taxes on cigarettes in the upcoming 2023-24 budget, signaling a potential increase in smoking costs for Pakistani consumers. Advocates argue that regular tax hikes on tobacco products, in line with the recommendations of the World Health Organization (WHO), are necessary to … Read more

Strengthening economic ties: Pakistan expects substantial benefits from trade agreement with Russia

Russia Pakistan

Pakistan and Russia have successfully concluded a bilateral trade agreement during a three-day economic conference in Kazan, Russia. The deal aims to streamline trade operations and reduce costs between the two nations, strengthening economic ties. The agreement includes provisions that benefit Pakistan’s economy. It facilitates the smooth movement of goods and offers Pakistani products a … Read more

Top 10 Tips to Drive E-commerce Growth in 2023: Insights from Takeup Pakistan

In today’s competitive digital landscape, growing an e-commerce business requires a strategic approach that encompasses various aspects of online retail. Here are 10 essential tips to help you boost your e-commerce business and drive success: In conclusion, growing an e-commerce business requires a multi-faceted approach that includes creating a user-friendly website, optimizing for SEO, leveraging … Read more

Yellen talks down recession fears, expects US economy to grow

Yellen talks down recession fears, expects US economy to grow

WASHINGTON: US Treasury Secretary Janet Yellen expects the world’s biggest economy will continue to grow, despite heightened recession concerns following recent turmoil in the banking sector. “I continue to anticipate that the US economy will grow, and the labor market will remain strong, and inflation will come down,” Yellen told AFP in an interview Thursday. … Read more

Govt increases profit rates on national saving schemes following record policy rate hike

national savings account

In response to increasing policy rates, the Pakistani government has announced significant raises in profit rates for all national savings schemes (NSS) from April 10, 2023. This decision follows the State Bank of Pakistan’s (SBP) considerable increase in the policy rate to a record 21 per cent in its recent Monetary Policy Committee meeting to … Read more

Baidu sues Apple, app developers over fake Ernie bot apps

China's answer to ChatGPT? Baidu unveils Ernie Bot

Chinese search engine giant Baidu, has filed lawsuits against “relevant” app developers and Apple over fake copies of its Ernie bot app available on Apple’s app store. The company’s artificial intelligence powered Ernie bot, launched last month, has been touted as China’s closest answer to the U.S.-developed chatbot ChatGPT. Baidu said it had lodged lawsuits in Beijing Haidian … Read more