PIAF Welcomes Rs200b Tariff Relief, Urges Reforms
PIAF appreciates the government's Rs200 billion tariff relief for industry but calls for comprehensive reforms to boost competitiveness and exports.
Category : Business
Subsidies for Consumers Using Under 200 Units Continue
Federal Minister Awais Leghari assures that consumers using less than 200 electricity units will continue receiving subsidies, providing relief amid rising tariffs.
Between Darkness and Dry Taps: Pakistan's Dual Crisis
Pakistan faces simultaneous electricity and water shortages, with load-shedding and dry taps affecting millions. The crisis highlights infrastructure failures and governance challenges.
Rawalpindi: 167 Eid Accidents, 3 Dead, 189 Injured
Rescue 1122 reported 167 road accidents in Rawalpindi during Eid, resulting in 3 deaths and 189 injuries. Overspeeding and careless driving were major causes.
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Angola Prioritises Crude Oil Supply to S. Korea
Amid ongoing Middle East tensions, Angola has committed to prioritising crude oil exports to South Korea, ensuring stable energy supplies and strengthening bilateral economic ties.
First Group of Hajj Pilgrims Returns Home
The first group of Pakistani pilgrims has returned home after performing Hajj, with officials ensuring smooth arrival procedures at airports.
Eidul Azha waste: a lucrative income for nomads and workers
After Eidul Azha, animal waste discarded by households becomes a valuable income source for nomadic communities and sanitation workers, who collect and sell it for medical exports.
WSSCM Mardan Eid Cleaning Operation Disposes 2303 Tons Waste
WSSCM Mardan successfully completed its special Eid-ul-Azha cleaning operation, disposing of 2303 tons of waste. CEO Adil Nawaz praised staff for their dedication.
CM Murad Promises Fair Tax Regime for Insurance Sector
Sindh CM Murad Ali Shah assures a fair tax regime for the insurance sector, aiming to boost investment and economic growth in the province.
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Pakistan cuts fuel prices by Rs22 per litre for Eid relief
Pakistan reduces petrol and diesel prices by Rs22 per litre, fulfilling PM Shehbaz Sharif's promise of public relief. New prices effective from Friday.
Karachi Swelters in Extreme Heat During Eidul Azha
Karachi endured extreme heat and humidity throughout Eidul Azha, with temperatures hitting 37.1°C. In interior Sindh, Dadu broke a 10-year heat record at 51.5°C. Hot weather is forecast to persist.
Pakistan's Rs17.1 trillion FY27 budget targets 4.1% growth
Pakistan's federal government proposed a Rs17.1 trillion budget for FY27, targeting 4.1% GDP growth and 8.4% inflation. Defence spending set at Rs2,665 billion, with tax revenue target of Rs15,267 billion.
Iran War Sparks Global Bond Market Turmoil in May
Global bond markets experienced extreme volatility in May due to the Iran war, with yields hitting multi-decade highs before retreating on peace hopes and weak economic data.
Rising Exports Narrow US Goods Trade Deficit
Pakistan's exports to the US have increased, reducing the goods trade deficit. The trade gap narrowed by 12% in 2024, reflecting stronger export performance.
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When Knowledge Becomes a Business
Universities are increasingly treating education as a commercial product, turning students into consumers and weakening academic standards. This shift threatens intellectual growth, devalues grades, and widens social inequality.
PM Cuts Petrol and Diesel Prices by Rs22 per Liter
Prime Minister announces a major relief package, reducing petrol and diesel prices by Rs22 per liter, bringing significant savings for the public.
Karachi Faces Hot and Humid Night as Temperatures Rise
Karachi recorded a minimum temperature of 30°C with high humidity, while Dadu in rural Sindh remained the hottest area, breaking a decade-old heat record.
Punjab faces severe heatwave threat during Eid holidays
Punjab is bracing for a severe heatwave during Eid-ul-Adha, with temperatures expected to soar up to 50°C in southern districts. PDMA issues safety guidelines.
Shahid Imran Urges Regional Trade Boost for Economy
Shahid Imran emphasizes enhancing regional trade to strengthen Pakistan's economy, citing benefits of reduced reliance on imports and increased exports.
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Jonas Brothers Restaurant Closes Las Vegas Venue
The Jonas Brothers' family-run Italian restaurant in Las Vegas has permanently closed, marking the end of their culinary venture in Sin City.
Kisan Board demands tobacco surplus purchase mechanism
Kisan Board convention demands effective mechanism for purchasing over 100 million kg surplus tobacco, warns of protest if companies fail to change policies.
7-Eleven Japan Founder Toshifumi Suzuki Dies at 93
Toshifumi Suzuki, the visionary founder of 7-Eleven Japan, passed away at 93. He revolutionized convenience stores in Japan and globally.
EU Plans to Fine Google High Triple-Digit Million Sum
The European Union is preparing to impose a significant fine on Google, potentially reaching a high triple-digit million euro amount, over alleged antitrust violations.
Industrial Estate Approved for Rawalpindi Ring Road
Punjab Industrial Estates Company approves an industrial estate along Rawalpindi Ring Road, replacing earlier plans for an economic zone due to IMF constraints.
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Sindh Opposes Immediate Sugar Deregulation
Sindh government opposes immediate sugar deregulation, citing concerns over consumer prices and provincial autonomy in policy decisions.
Pakistan's Investment Overhaul: Reform Repackaging Power
Pakistan launches comprehensive investment reforms, repackaging power sector to attract foreign capital and boost economic growth.
PSX Surges Over 2,500 Points on US-Iran Peace Hopes
The Pakistan Stock Exchange rallied sharply, gaining over 2,500 points as optimism over US-Iran peace talks boosted investor sentiment, leading to a broad-based buying spree.
KP Livestock Department Cultivates High-Nutrition Beetroot Variety
The Khyber Pakhtunkhwa Livestock Department has successfully cultivated a new high-nutrition beetroot variety as cattle feed, aiming to improve dairy cows' health and milk production.
Pakistan Wetlands and Houbara Population Face Extinction Threat
Pakistan's wetlands and houbara bustard population are at risk of extinction due to habitat loss, hunting, and climate change, experts warn.
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Commissioner Reviews Cattle Market Arrangements
Commissioner reviews arrangements for cattle markets ahead of Eid, ensuring facilities and security for buyers and sellers.
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