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Pakistan targets $15 billion in IT exports by 2030 | The Express Tribune
IT minister says Rinova AI-RCM Matter deal to bring AI medical billing, create thousands of skilled jobs in Pakistan
Minister for Information Technology and Telecom, Shaza Fatima Khawaja, said Pakistan has witnessed a 25 percent growth in IT exports, and the government aims to maintain this momentum to achieve an export target of $15 billion by 2030.
“Government is working to boost a technology-driven and knowledge-based economy under the concept of a True Digital Pakistan,” the IT minister said, while addressing a signing ceremony between Rinova AI and RCM Matter. The agreement between the two companies aims to bring AI-enabled medical billing to Pakistan and create thousands of skilled jobs that strengthen the country’s digital economy.
Shaza highlighted the contribution of private-sector IT companies to the economy and said the government is focusing on two priorities: supporting the private sector to position Pakistan as a tech destination, and transforming the country into a digital nation.
“The government is training half a million human resources annually at no cost, with a focus on demand-driven training,” she said. She added that a roadmap for True Digital Pakistan has been developed, and a commission led by Prime Minister Shahbaz Sharif is ensuring data access for both government and private sectors.
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“Data will be made available for technology-driven private sector initiatives,” she said. She also highlighted that Pakistan has approved a national AI policy to facilitate patenting of AI products, and that data centers and cloud infrastructure are available locally. The government is establishing Centres of Excellence at universities to train IT professionals, she added.
During the ceremony, Edge Co-Founder Iffi Wahla announced plans to scale up investment from $17 million to $50 million over the next eighteen months, providing employment for more than 1,000 people in Pakistan.
Edge CEO Iffi Wahla said the company will provide more than 1,000 jobs in the next 18 months, with a minimum salary benchmark of Rs350,000. He described Rinova AI as an advanced tool to grow the medical billing industry. RCM Matter CEO Mudassar Hanif said the partnership represents a positive step for growth in the healthcare sector and will create 1,000 jobs in the coming months.
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Top stocks to buy today: Stock recommendations for April 24, 2026 – check list – The Times of India
Stock market recommendations: Bharat Electronics, and Colgate-Palmolive (India) have been recommended as the top stocks to buy today (April 24, 2026) by Bajaj Broking Research. Take a look at the target prices and expected returns:Bharat ElectronicsBuy in the range of ₹ 440.00-450.00
The stock is in structural up trend forming higher high and higher low in all time frame signaling strength and continuation of the uptrend. The entire up move of the last 8 months is in a rising channel as can be seen in the chart highlighting sustained demand at an elevated level.On the smaller time frame, the stock is at the cusp of generating a breakout above the bullish Flag like formation as post a sharp up move in the first 3 weeks of April the stock went into a consolidation phase in the last four sessions. It is seen resuming up move and is at the cusp of generating a breakout above the bullish Flag formation highlighting continuation of the up move and offers fresh entry opportunity.We expect the stock to extend the up move and head towards 495 levels in the coming months being the confluence of the 123.6% external retracement of the previous decline 473 – 400 and the upper band of the rising channel of the last 8 months.Colgate-Palmolive (India)Buy in the range of 2120-2160
The share price of Colgate-Palmolive has generated a breakout above bullish Flag pattern signaling continuation of the up move and offers fresh entry opportunity.We expect the stock to head higher towards 2330 levels in the coming months being the measuring implication of the bullish flag breakout.The daily 14 periods RSI is in buy mode thus supports the positive bias in the stock.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
It is unusual for a senior figure at the Bank to be so forthright on market movements.
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Consumer confidence has fallen for the third consecutive month amid household “jitters” over rapid price rises, figures show.
GfK’s long-running consumer confidence index fell four points to minus 25 in April, following falls of two points and three points in March and February respectively.
The deepening concern was driven by perceptions of the UK economy, with a six-point slide in confidence for the next 12 months to minus 43, its lowest level since February 2023.
Confidence in personal finances over the coming year fell five points to minus four – one point lower than this time last year.
The major purchase index – an indicator of confidence in buying big ticket items – held steady, albeit at minus 18 but one point better than last April.
The only measure to improve was the savings index – often an indication that households are concerned about their finances and looking to build contingency funds – which is up five points to 32.
Neil Bellamy, consumer insights director at GfK, said: “Consumers really do have the jitters now.
“It is a year since we last saw a monthly drop of this size, and we have to go back to October 2023 to find the last time consumer confidence was lower.
“Everyone is grappling with rapid price rises, especially at the fuel pumps, which are taking a dent out of household budgets, and people know further price hikes are coming.
“Consumer confidence is deteriorating sharply, with fuel prices and threats of more energy price increases acting as constant reminders of inflation.
“While the Gulf crisis is intensifying pressures, much of the current strain reflects earlier domestic cost increases.
“How long can all this disruption and pain continue?”
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