Business
China floods Brazil with cheap EVs triggering backlash
June 20, 2025
China floods Brazil with cheap EVs triggering backlash
The world’s largest car-carrying ship – with the equivalent of 20 football fields of vehicles – completed its maiden journey…
95% discount on EV registration as Punjab takes major step against pollution
June 20, 2025
95% discount on EV registration as Punjab takes major step against pollution
Punjab Excise Department has announced a 95% reduction in registration and token fees for electric vehicles (EVs) and electric bikes.…
Under shadow of Trump warning, Africa pioneers non-dollar payments systems
June 20, 2025
Under shadow of Trump warning, Africa pioneers non-dollar payments systems
Africa’s push for local currency payments systems – once little more than an aspiration – is finally making concrete gains,…
Pakistan draws five potential buyers for PIA including Fauji Fertilizer
June 20, 2025
Pakistan draws five potential buyers for PIA including Fauji Fertilizer
ISLAMABAD: In its efforts to sell its struggling national airline, Pakistan has received expressions of interest from five parties, including…
Govt curtails FBR’s arrest powers for tax defaulters
June 20, 2025
Govt curtails FBR’s arrest powers for tax defaulters
ISLAMABAD: The government has curtailed the Federal Board of Revenue’s (FBR) powers to arrest tax defaulters, aiming to prevent misuse…
FBR to ‘freeze’ bank accounts of non-filers: Langrial
June 20, 2025
FBR to ‘freeze’ bank accounts of non-filers: Langrial
ISLAMABAD: Federal Board of Revenue (FBR) chairman has said the body will ‘freeze’ the bank accounts of non-filers in the…
Gold price in Pakistan drops for 5th consecutive day
June 20, 2025
Gold price in Pakistan drops for 5th consecutive day
The price of gold in Pakistan and globally continues to decline for the fifth consecutive session. According to the All…
Oil prices fall as US delays decision on direct Iran involvement
June 20, 2025
Oil prices fall as US delays decision on direct Iran involvement
SINGAPORE: Oil prices fell on Friday, but remained on course for a third consecutive weekly rise, after the White House…
Cabinet approves Rs1.275trillion loan to tackle power sector’s circular debt
June 19, 2025
Cabinet approves Rs1.275trillion loan to tackle power sector’s circular debt
ISLAMABAD: In a landmark move to resolve the longstanding issue of circular debt in Pakistan’s power sector, the federal cabinet…
Pakistan signs $1bn deal with ADB
June 19, 2025
Pakistan signs $1bn deal with ADB
ISLAMABAD: Pakistan has signed a $1 billion financing agreement with the Asian Development Bank (ADB) to boost its economic reform…