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SBP caps bank charges on digital sales of petroleum products to minimise burden on fuel stations – Business

ISLAMABAD: Following demands from petroleum dealers, the State Bank of Pakistan (SBP) has capped bank charges on sales of petroleum products through digital payment methods — including debit and credit cards and online transfers — to minimise the financial burden on fuel stations and promote digital inclusion. Under the decision, merchant discount rates (MDR) for…

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Airlines are banning humanoid robots from flights. Why?

More airlines are banning humanoid and pet-like robots from boarding flights or traveling in passengers’ checked luggage, citing potential safety concerns.  Although humanoid robots remain rare outside the laboratory and even the factory floor, numerous companies are developing the technology, with robot evangelists such as Elon Musk predicting that they will eventually become common.  Earlier…

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Trump administration halts $1 billion in Medicaid payments to California and Minnesota as part of fraud crackdown

Washington — The Trump administration is pausing more than $1 billion in Medicaid payments to California and Minnesota as part of its crackdown on fraud in federal programs, Health and Human Services Secretary Robert F. Kennedy Jr. announced Tuesday. The pause comes after reviews conducted by the Centers for Medicare and Medicaid Services, or CMS,…

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