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NA panel raps telecom firms over slow internet | The Express Tribune
Orders PTA to launch nationwide quality survey, urges fast-tracked contracts, adherence to timelines for IT Parks
ISLAMABAD:
The National Assembly Standing Committee on IT & Telecom on Tuesday expressed concern over the country’s slow internet performance and reprimanded telecom operators for failing to meet service expectations.
The Committee directed the Pakistan Telecommunication Authority (PTA) to conduct comprehensive nationwide surveys and take immediate, practical steps to improve the quality and coverage of internet services across the country.
Chairman Syed Aminul Haq instructed the PTA to carry out special surveys, adding that Committee members would assess internet service quality themselves. He ordered that a detailed report be presented at the Committee’s next meeting.
While briefing the Committee, PTA officials said that 273 MHz of spectrum was currently available in the country, but it remained insufficient to meet growing internet demand. They added that the government planned to sell 600 MHz of spectrum across various bands and that the process was now moving toward the auction of 5G.
Reviewing progress on the Islamabad IT Park project, the Committee was informed that the consultant’s contract had expired on October 31. The contractor has begun the renewal process, which is expected to be finalised shortly. The Committee reiterated the prime minister’s timeline to complete the project by December 31, 2025.
Regarding the Karachi IT Park, the Committee noted that the project was in its initial stages and that the contract was expected to be awarded soon. A delegation from Korea is scheduled to visit on December 2, 2025, to finalise outstanding matters related to the contract. The Committee directed that the award be expedited to ensure work begins without delay and stressed that the project must be completed within the stipulated two-year period.
The managing director of the National Telecommunication Corporation (NTC) briefed the Committee on future initiatives, including plans to provide secure mobile connectivity for government officials and establish new data centres in Karachi and Quetta.
The Committee was told these initiatives form part of the NTC’s broader strategic plan to strengthen cybersecurity and expand reliable IT and telecom services for public-sector institutions. Members appreciated the NTC’s performance and acknowledged that its ongoing projects were satisfactory.
However, the Committee advised the NTC to avoid downsizing and instead adopt a rightsizing approach, ensuring no employee is laid off and staff are placed where their services are genuinely required.
The Committee decided to defer “The Prevention of Obscenity and Indecency in Digital Media Bill, 2025” to its next meeting due to the mover’s absence.
Business
Top stocks to buy today: Stock recommendations for April 17, 2026 – check list – The Times of India
Stock market recommendations: Reliance Industries, and Varun Beverages are the top stock recommendations by Bajaj Broking Research for April 17, 2026.Reliance IndustriesBuy in the range of ₹ 1330.00-1350.00
Reliance Industries stock has undergone a corrective phase over the past three months and is currently consolidating near a crucial support zone of ₹1270–₹1300. This technical setup offers a favorable risk-reward profile, positioning the stock for a potential bullish reversal and the next leg of uptrend.This ₹1270–₹1300 range serves as a crucial support area, reinforced by the convergence of multiple technical factors: (a) 61.8% retracement of the previous April 2025-January 2026 up move (1115-1611) (b) 200 weeks EMA placed around 1292, which has historically acted as strong demand area for the stockThe ongoing corrective phase appears to be nearing exhaustion, with price action indicating the potential for a fresh bullish reversal. We anticipate the stock to resume its uptrend and head towards ₹ 1474 levels in the coming quarters being the high of February 2026 and the 61.8% retracement of the recent decline of the last 3 months ₹ 1611-1290.Varun BeveragesBuy in the range of 455-465
The share price of Varun Beverages has generated a breakout above the falling channel containing last 3 months decline signaling strength and offers fresh entry opportunity.The stock has also formed a higher high and higher low signaling resumption of up move after recent corrective decline.We expect the stock to head higher towards 503 levels in the coming weeks being the 80% retracement of the previous decline from 534 to 381.(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)
Business
Finance ministers and top bankers raise serious concerns about Mythos AI model
Experts say Mythos potentially has an unprecedented ability to identify and exploit cybersecurity weaknesses.
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Anthropic’s new AI model exposes fresh risks, flaws for cybersecurity, IT services – The Times of India
New Delhi: A powerful new AI model is forcing govts, banks, and technology firms to rethink the rules of cybersecurity – and in India, the stakes may be even higher.Claude Mythos, developed by Anthropic, has demonstrated the ability to autonomously detect and exploit software vulnerabilities, including flaws that have persisted for decades. Early tests revealed that the model could identify long-standing weaknesses and simulate complex, multi-step cyberattacks, prompting the company to restrict its wider release. Anthropic CEO Dario Amodei highlighted the shift, noting that AI systems are now capable of finding vulnerabilities “that humans have missed”, a signal of how quickly the cybersecurity landscape is changing.US Treasury Secretary Scott Bessent reportedly convened a meeting with top bank executives – including leaders from JPMorgan Chase, Goldman Sachs, Citigroup, BoA, and Morgan Stanley – to assess the risks posed by such advanced AI systems.That concern is not theoretical. According to Jaydeep Singh, GM for India at Kaspersky, the emergence of such systems represents a turning point not just for security professionals, but for everyday users. “We have been closely monitoring how AI is reshaping the threat landscape, and Claude Mythos represents a moment that every user, not just the cybersecurity industry, needs to understand,” Singh said.The dual-use nature of AI is at the heart of the concern. The same capability that strengthens defences can just as easily be weaponised. “The same capability that finds a 27-year-old vulnerability in hardened infrastructure is the capability that, in the wrong hands, turns every unpatched system into an open door,” Singh added.Cybersecurity firm Check Point Software Technologies echoed the warning. Sundar Balasubramanian, MD, India and South Asia, for Check Point, says, AI is “dramatically lowering the barrier to entry for cyber attackers,” enabling even less-skilled actors to identify and exploit vulnerabilities. He added that defensive tools can be repurposed offensively, compressing the traditional gap between attackers and defenders. Jayant Saran, partner, Deloitte India, described this as a “changed reality,” where organisations must prepare for risks that were previously invisible. He called AI a “double-edged sword…that cannot be reversed,” highlighting an accelerating race between those securing systems and those attempting to break them.In India, the risks are amplified by scale. From UPI to banking and govt platforms, millions depend on digital infrastructure – much of it built on legacy systems. These systems are often slower to patch, harder to monitor, and lack continuous threat intelligence, creating what Saran called an “asymmetric risk exposure.” Singh pointed out that this gap is especially critical in India, where legacy infrastructure serves hundreds of millions.Beyond cybersecurity, ripple effects could reach financial markets. Analysts say models like Mythos could automate parts of software development, testing, and security – core functions of IT services industry. While disruption may be gradual, labour-intensive outsourcing models could face pressure, while firms embracing AI may benefit.
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