Foreign automakers are reportedly using China as a transit route to export vehicles to Russia, circumventing international sanctions imposed after the Ukraine war. This development highlights the challenges in enforcing global trade restrictions and the e
Minister for Power Sardar Awais Leghari announced Pakistan will achieve 90% clean energy in power generation by 2034, with 55% already from clean sources in 2024-25. The NA also discussed net billing, circular debt reduction, and polio eradication efforts
Pakistan's total debt has surged to Rs 78.5 trillion, primarily fueled by increased domestic borrowing, raising concerns about fiscal sustainability and economic stability.
Siemens CEO Roland Busch outlines his ambitious mission to automate everything, aiming to boost efficiency and innovation across global industries through advanced technologies.
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The government has introduced a new power tariff structure, leading to increased electricity bills for consumers. This move aims to address fiscal challenges but raises concerns about affordability.
Prime Minister Shehbaz Sharif has taken notice of NEPRA's new prosumer regulations, directing authorities to review the policy to ensure it supports renewable energy adoption and protects consumer interests in Pakistan.
Despite global energy demand surging, over 1.18 billion people lack electricity access. Satellite data reveals the true scale of energy poverty, with Sub-Saharan Africa most affected. Renewable energy offers hope but faces investment and governance challe
Gold prices in Pakistan surged significantly on Tuesday, with per tola reaching Rs526,262 after a gain of Rs15,00, mirroring international market trends where gold rose by $15 to $5,035 per ounce.
Prime Minister Shehbaz Sharif has officially issued a digital banking license to Kuwait's Raqami Islamic Bank, making it the third licensed digital retail bank in Pakistan. The move aims to strengthen bilateral economic ties and promote Sharia-compliant b
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Gold prices in Pakistan surged significantly on Wednesday, with per tola rates reaching Rs582,562 after a Rs2,300 gain, tracking international market increases of $23 per ounce.
Pakistan's NEPRA is evaluating fixed monthly charges for small electricity consumers after net metering changes, potentially impacting household bills and renewable energy adoption nationwide.
Hunter Malik Kleist in Sisimiut struggles as sea ice fails to freeze, forcing longer voyages to find seals. Arctic warming accelerates, disrupting centuries-old hunting traditions in Greenland.
Consumer rights groups in Pakistan are urging authorities to crack down on the sale of substandard LPG cylinders, citing severe safety risks and economic losses for users.
The Pakistan Stock Exchange (PSX) experienced a slight downturn with volatile trading as investors reacted to economic indicators and global market trends.
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Pakistan's Power Minister justifies the move to abolish net metering, citing legal compliance, while facing strong opposition and criticism in the Senate over the decision.
Prime Minister Shehbaz Sharif described the commercial license for Raqami Islamic Digital Bank as a major financial sector milestone and a significant step in strengthening Pakistan-Kuwait economic cooperation.
A major blaze at a textile factory in Karachi was finally extinguished after 16 hours of intense firefighting efforts by emergency services, highlighting industrial safety concerns.
Indonesian Investment Minister Bahlil Lahadalia has arrived in Pakistan for crucial trade discussions aimed at boosting bilateral economic ties and exploring new investment opportunities.
State Bank of Pakistan anticipates foreign currency reserves to reach $18 billion by June 2026, providing three months import cover, with continued growth expected in FY27 amid improved macroeconomic conditions.
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German Ambassador Ina Lepel emphasizes Germany's commitment to boosting Pakistan's apparel exports, highlighting a decade of stagnation and calling for diversification and innovation to enhance global competitiveness.
The colonisation of irrigated land and urbanisation of peripheries in Pakistan are causing significant environmental and social issues, including water scarcity and displacement of communities.
Euro zone government bond yields showed mixed movements as investors await key US economic data, with Japan's election outcome influencing global markets. German and US yields rose slightly, while Italian yields dipped.
As Ramazan nears, Rawalpindi's wholesale markets see soaring date prices and widespread adulteration, with vendors selling processed old dates as fresh, affecting consumers across the region.
The Heritage Institute's 2025 Index of Economic Freedom ranks Pakistan 150th out of 184 economies, labeling it 'repressed.' While recent reforms show promise, challenges like judicial interference and high informal employment persist.
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Pakistan's transition to clean energy is crucial for environmental sustainability and economic growth, aiming to leave a healthier planet for future generations.
Industrial activity in Karachi's SITE area has completely stopped due to water supply suspension, raising alarms about severe economic damage to Pakistan's largest revenue-generating sector.
A major cryptocurrency exchange in South Korea, Bithumb, accidentally distributed $40 billion worth of Bitcoin to users, causing a significant market selloff and raising concerns about security and regulatory oversight in the digital asset industry.
Pakistan and Uzbekistan have agreed to set a $2 billion trade target, aiming to enhance bilateral economic cooperation and strengthen regional connectivity through new agreements.
Bitcoin approaches key $70,000 support amid sharp declines triggered by Fed Chair nomination fears, with analysts citing institutional ETF outflows and fragile sentiment.
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Car ownership in Pakistan has declined to just 11 vehicles per 1,000 people, highlighting economic challenges and rising costs affecting consumer spending.
