News

Finance: The hidden tax on progress

Pakistan and China have agreed to mobilise a $7 billion multi-party financing package for the long-delayed ML-1 rail project and mapped out a 2025–29 action plan under the China-Pakistan Economic Corridor. The agreement extends beyond railroads into highways, industry, agriculture, and livelihoods — signalling a deeper strategic partnership. According to a Dawn report, a pivotal follow-up meeti

Tech disparity and the privatisation of money

Once again, the world finds itself at a critical juncture. The old order has been uprooted by the rise of new powers, and with it, a new global contest has begun. In the battle for economic dominance, technology has become the new frontline. Just as artificial intelligence is transforming the way we work, cryptocurrencies are reshaping the very foundation of finance and challenging the state’s

Punjab’s wheat restrictions trigger domino effect

Punjab’s unannounced ban on the interprovincial movement of wheat has ignited a new crisis, causing a severe flour shortage and soaring prices in other provinces. The move has drawn sharp criticism from politicians and flour millers who argue it violates constitutional rights and a recent deregulation agreement. While Punjab officials de­n­ied a formal ban, they acknowledged establishing che

President Zardari pledges support for Chinese new energy vehicles

President Asif Ali Zardari assured a major Chinese car maker on Tuesday that the governm­ent would provide policy support for new energy vehicles (NEV), electric buses and local production of components. In a meeting with Yin Tongyue, the chairman of Chery Automobile Company Ltd, the president encouraged the firm to explore joint ventures in electric buses, mini trucks, green energy solutions a

Govt opens path for new RLNG connections

The government on Tuesday asked the gas utilities and Oil and Gas Regulatory Authority (Ogra) to start processing new gas connections to consumers on RLNG-based monthly tariff at the earliest. The Ministry of Energy (Petr­o­leum Division), in a notification to Ogra and two gas utilities — SNGPL and SSGCL — conveyed that the federal cabinet in its meeting on Sept 10 relaxed the moratorium impose