Web Desk Karachi, Author at HUM News

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Web Desk Karachi

Web Desk Karachi

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Business

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.

Business

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.

Business

Web Desk Karachi
May 21, 2025

US tariffs could cost Japan’s top companies up to $27.6 billion

With executives at leading industrial groups reporting a massive impact from tariffs, pressure is increasing on the country’s negotiators to secure a deal to lower levies, analysts said.

Business

Web Desk Karachi
May 21, 2025

Musk to reduce political spending, reaffirms commitment to lead Tesla for next five years

The billionaire offered new details about his plans in a wide-ranging interview with Bloomberg news that also touched on his compensation, Tesla’s sliding sales and a possible spinoff of SpaceX’s Starlink satellite business.

Business

Web Desk Karachi
May 21, 2025

Chinese FDI in the EU and UK rises 47pc in 2024 amid shift to greenfield investments

Facing mounting political scrutiny and trade tensions, Chinese companies have pivoted from mergers and acquisitions to greenfield investments.

Business

Web Desk Karachi
May 21, 2025

EU’s ‘Chocolate Crisis’ deepens as climate, biodiversity risks threaten food supplies

The analysis revealed that for cocoa, wheat, and maize, approximately two-thirds of imports come from nations with poor biodiversity health.

Business

Web Desk Karachi
May 21, 2025

Rising rice prices, scandal prompt resignation of Japan’s agriculture minister

Taku Eto had faced calls for his resignation after revealing that he relied on gifts from supporters rather than buying rice himself.

Business

Web Desk Karachi
May 20, 2025

Qatar Economic Forum kicks off in Doha with global leaders discussing the road to 2030

The forum, which runs from May 20 to 22, brings together distinguished speakers from around the world, including Elon Musk, who is participating virtually for a live interview scheduled around 4 pm local time.

Business

Web Desk Karachi
May 20, 2025

Microsoft integrates Musk’s Grok AI models into Azure Cloud platform

Microsoft and its biggest rivals in selling rented computing power, including Amazon.com Inc. and Google, are vying to be the place where AI applications are built and deployed.

Business

Web Desk Karachi
May 20, 2025

Chinese automaker Seres Group surges past BMW and Mercedes to lead luxury EV market

Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. in 2021 to launch the Aito brand of premium electric and hybrid sport utility vehicles.

Web Desk Karachi

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

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

US tariffs could cost Japan’s top companies up to $27.6 billion

Musk to reduce political spending, reaffirms commitment to lead Tesla for next five years

Chinese FDI in the EU and UK rises 47pc in 2024 amid shift to greenfield investments

EU’s ‘Chocolate Crisis’ deepens as climate, biodiversity risks threaten food supplies

Rising rice prices, scandal prompt resignation of Japan’s agriculture minister

Qatar Economic Forum kicks off in Doha with global leaders discussing the road to 2030

Microsoft integrates Musk’s Grok AI models into Azure Cloud platform

Chinese automaker Seres Group surges past BMW and Mercedes to lead luxury EV market

What is UK’s new one day bereavement parental leave for families all about?

PM Shehbaz lauds NAVTTC, orders expansion of skills training

Who received what? Cabinet Division releases October to December 2025 Toshakhana gift record

Autistic Doll: Mattel introduces Barbie with slightly off-center eyes

President signs landmark local govt ordinance, Islamabad admin to be overhauled

Web Desk Karachi

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