Five held, drugs and weapons seized in Hyderabad raids
Hyderabad police arrested five suspects and recovered narcotics, gutka, and illegal weapons in separate operations on Sunday, including a large haul of gutka hidden in a poultry truck.
Category : Business
SSGC Fails Gas Supply in Hyderabad Even in Limited 9-Hour Schedule
SSGC fails to provide gas during its 9-hour daily schedule in Hyderabad, causing frustration among residents, especially women, who struggle with household chores amid summer heat.
Two Motorcyclists Killed in Truck Accident Near Maripur
Two young motorcyclists died after a speeding truck hit their bike near Maripur Hawksbay. Police arrested the truck driver, Imran, and seized the vehicle for investigation.
Price gap persists in Lahore: Consumers pay more for essentials
Lahore consumers continue to pay substantially more for vegetables, fruits, and poultry than official prices, with gaps of up to 200% reported in retail markets.
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Labourer dies of electric shock at Lahore construction site
An 18-year-old labourer died after accidentally touching a live 11kV wire with an iron rod at an under-construction building in Lahore's Manga Mandi area.
Pakistan's Elite Capture: Hidden Tax on Citizens
Pakistan's elite capture diverts Rs2,435 billion via tax exemptions, benefiting the connected few. Customs duty exemptions rose 23% annually. Reforms show promise, but the fight against privilege continues.
Pakistan’s Tax Challenge: Broadening Base for Growth
Pakistan's low tax-to-GDP ratio persists despite reforms, burdening compliant sectors. Broadening the tax base equitably is crucial for sustainable development and reducing reliance on IMF programmes.
Pakistan's Auto Industry: Protectionism vs Global Integration
Pakistan's auto industry faces a critical juncture as a new auto policy looms, balancing protectionist legacy with the need for global competitiveness and EV transition.
Pakistan's Minerals in US-China Contest
As the US seeks to counter China's dominance in critical minerals, Pakistan's untapped reserves become a strategic asset, placing Islamabad at the center of a geopolitical dilemma.
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FBR's New Tax Scheme: Flawed Half-Measure
The FBR's new fixed tax scheme for small businesses, with a 1% rate and no incentives, risks repeating the failure of the Tajir Dost scheme. Experts call for genuine rewards and penalties.
Water Sector Allocation Sparks Concern Among Experts
Pakistan's proposed Rs179 billion for water sector under PSDP 2026-27 falls short, experts say at least Rs500 billion needed for dams and hydropower projects crucial for water security and affordable energy.
Pakistan's Shadow Budget Industry: Everyone's a Finance Minister
In Pakistan, budget season starts long before the official budget, with shadow budgets from tax practitioners, businesses, and think tanks, creating a unique fiscal carnival.
PM Shehbaz Reaffirms Pakistan's Commitment to Safe Food for All
Prime Minister Shehbaz Sharif reaffirmed Pakistan's commitment to safe and nutritious food, highlighting integrated strategies to address agricultural challenges and ensure food security.
KP Tobacco Traders Warn Multinationals Over Tax Issues
Tobacco traders in Khyber Pakhtunkhwa threaten to prevent multinational companies from buying tobacco if tax grievances are not resolved, demanding restored agreements and reduced taxes.
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KP CM Vows Food Security, Increase Budget for Food Sector
Khyber Pakhtunkhwa Chief Minister Muhammad Sohail Afridi announced a comprehensive strategy for food self-sufficiency, increased budget allocations, and criticized federal policies on wheat supplies and development projects.
Heatwave to Grip Punjab from June 8, Temperatures Up to 48°C
PMD warns of heatwave in Lahore and most of Punjab from June 8 to 11, with temperatures 5-7°C above normal, reaching 44-48°C. Affected districts listed.
Punjab Minister Orders Strict Action Over Manhole Incident
Punjab Housing Minister Bilal Yasin has ordered strict action against those responsible for the Baghbanpura manhole incident, including arrest of the contractor, and directed enhanced safety measures for manhole construction and repairs.
Punjab Expands Honhar Scholarship and Laptop Scheme
Punjab government expands Honhar Scholarship to 50,000 and Laptop Scheme to 71,000 students, allocating Rs75 billion for educational support.
NAB freezes $4.5m in Mauritius accounts linked to Bahria Town
Pakistan's NAB has frozen $4.5 million in foreign bank accounts in Mauritius linked to Bahria Town as part of a money laundering crackdown under the Anti-Money Laundering Act, 2010.
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OPEC+ Weighs Output Hike as Iran War Disrupts Gulf Oil
OPEC+ ministers meet to consider production increases to cap surging oil prices, but analysts doubt effectiveness due to Strait of Hormuz closure from Iran conflict.
Attock Education Authority Abolishes 743 Vacant Posts
The District Education Authority Attock has abolished 743 vacant teaching and non-teaching posts as part of an austerity drive to reduce financial burden and optimize education sector spending.
When One Salary Is Not Enough: Pakistanis Seek Extra Income
Rising inflation and stagnant wages in Pakistan are forcing many professionals to take on second jobs or freelance work to make ends meet.
Sindh Govt Spends Billions on Climate Financing: Advisor
Sindh's environment advisor says billions are being spent on climate financing, citing desert crop cultivation. Experts urge public cooperation and nature-based solutions to combat climate change.
NIC Hyderabad Announces Cohort 9 Applications
National Incubation Center Hyderabad invites applications for Cohort 9, offering mentorship, investment connections, and workspace to early-stage founders at no cost.
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AC Sleeper Service Only in Three Pakistan Railways Trains
Pakistan Railways offers AC Sleeper class only in Tezgam, Khyber Mail, and Sukkur Express. 11 trains have economy and AC Standard coaches, while 7 have AC Business class.
The Simple Genius of the Indus Wheel
Explore the ingenious design of the Indus wheel, an ancient technology that revolutionized agriculture and transportation in the Indus Valley Civilization.
Karachi Replaces 60-Year-Old Water Main to Boost Supply
Karachi Water & Sewerage Corporation replaces the 60-year-old Rising Main Line 5 from Dhabeji, improving water supply stability and reducing losses.
HESCO Declares Feeder Exempt from Load Shedding
HESCO has declared the 11 KV Syed Meeran Muhammad Shah feeder in Hyderabad SITE area exempt from load shedding, increasing zero-outage feeders to 57. CEO Faizullah Dahiri announced at a ceremony attended by industrialists.
SECP Penalizes 36 SOEs Rs 3.175 Million for Violations
The SECP concluded enforcement against 36 SOEs, imposing Rs 3.175 million in penalties for non-compliance with statutory reporting and corporate governance requirements.
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China-Pakistan MoU on Tropical Agriculture Research
China and Pakistan signed an MoU to advance tropical agricultural research, focusing on cash crops, food grains, fruits, vegetables, and biotechnology, with germplasm exchange and training.
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