Passenger car sales surged 51.5% to 58,266 units during the first seven months (Jul-Jan) of the current fiscal year compared to the same period of last year due to multiple reasons such as rising remittances, a spending spree at the beginning of new year and continuous decrease in interest rates. According to data released by Pakistan Automotive Manufacturers Association (PAMA) on Tuesday, sale
To enhance transparency and accountability, the Punjab government is implementing Third-Party Validation (TPV) and Digital Monitoring for the Chief Minister's District Sustainable Development Goals Programme (CMD-SDGs). Aligned with Pakistan's commitment to the United Nations Sustainable Development Goals (SDGs-2030), this initiative aims to improve oversight, efficiency, and resource utilisati
The National Electric Power Regulatory Authority (Nepra) announced on Tuesday that it would withhold a decision on the proposed hike in security deposit rates until the completion of a thorough audit of the deposits taken by power distribution companies (DISCOs). At a public hearing, DISCOs faced the wrath of the power-sector regulator and interveners over the proposed substantial increase in s
Amid relative political calm and strong economic data, the stock market extended its overnight recovery drive as investors remained busy picking shares at attractive valuations, tossing the benchmark KSE 100 index above 113,000 on Tuesday. Topline Securities Ltd said bulls tightened their grip as the Pakistan Stock Exchange (PSX) witnessed strong upward momentum, hitting an intraday high of 1,8
Mexico, Canada and the European Union on Tuesday condemned US President Donald Trump’s decision to impose tariffs on all steel and aluminium imports next month, a move that has fanned fears of a trade war. Trump signed proclamations late on Monday raising the US tariff rate on aluminium to 25 per cent from his previous 10pc rate and eliminating country exceptions and quota deals as well as hund