How do I automatically update a timestamp in PostgreSQL

I want the code to be able to automatically update the time stamp when a new row is inserted as I can do in MySQL using CURRENT_TIMESTAMP.

How will I be able to achieve this in PostgreSQL?

CREATE TABLE users (
    id serial not null,
    firstname varchar(100),
    middlename varchar(100),
    lastname varchar(100),
    email varchar(200),
    timestamp timestamp
)

To populate the column during insert, use a DEFAULT value:

CREATE TABLE users (
  id serial not null,
  firstname varchar(100),
  middlename varchar(100),
  lastname varchar(100),
  email varchar(200),
  timestamp timestamp default current_timestamp
)

Note that the value for that column can explicitly be overwritten by supplying a value in the INSERT statement. If you want to prevent that you do need a trigger.

You also need a trigger if you need to update that column whenever the row is updated (as mentioned by E.J. Brennan)

Note that using reserved words for column names is usually not a good idea. You should find a different name than timestamp

You'll need to write an insert trigger, and possible an update trigger if you want it to change when the record is changed. This article explains it quite nicely:

http://www.revsys.com/blog/2006/aug/04/automatically-updating-a-timestamp-column-in-postgresql/

CREATE OR REPLACE FUNCTION update_modified_column()   
RETURNS TRIGGER AS $$
BEGIN
    NEW.modified = now();
    RETURN NEW;   
END;
$$ language 'plpgsql';

Apply the trigger like this:

CREATE TRIGGER update_customer_modtime BEFORE UPDATE ON customer FOR EACH ROW EXECUTE PROCEDURE  update_modified_column();

Updating timestamp, only if the values changed

Based on E.J's link and add a if statement from this link (https://stackoverflow.com/a/3084254/1526023)

CREATE OR REPLACE FUNCTION update_modified_column()
RETURNS TRIGGER AS $$
BEGIN
   IF row(NEW.*) IS DISTINCT FROM row(OLD.*) THEN
      NEW.modified = now(); 
      RETURN NEW;
   ELSE
      RETURN OLD;
   END IF;
END;
$$ language 'plpgsql';