News

Education wins big in tax dodge efforts

When you think of big bucks, what industries come to your mind? Probably finance or technology? For the more old-school people, maybe it would be real estate or some sort of trading business. While exceptions always exist, some sectors are not typically associated with money. Education is probably the greatest example, in part because the state traditionally provided it for free. Since then, ti

Rekodiq’s golden promises

The global demand for copper is expected to surge on the back of the electrification of mobility, the surge in renewable energy projects, and an insatiable demand for electricity to meet the growing demand for computing power. All such advancement remains contingent on the availability and supply of copper, which is expected to remain constrained in the near term. In an exclusive interview with

Exaggerated benefits of IPP renegotiations

It seems that the hopes of major relief in the electricity prices on account of ongoing scrutiny and revisions of the power purchase agreements of power producers to slash the huge burden of nearly Rs2.1 trillion capacity payments in consumer tariffs were exaggerated after all. The entire exercise is likely to help cut the power tariffs by less than Rs2 per unit, provided the government decides

Five-day World Economic Forum moot kicks off in Davos

Amid a world being shaped by geopolitical tensions, economic shifts, and technological advancement, the World Economic Forum is opening its 2025 meeting in Davos on Monday, bringing together nearly 3,000 leaders from diverse geographies and industries to drive dialogue, build trust and catalyse sustainable solutions to shared challenges. The global economy is set to face significant challenges

Boosting growth in a durable way

Pakistan’s economy remains trapped in a low-growth equilibrium despite improving macro indicators, and according to International Monetary Fund Managing Director Kristalina Georgieva, lower-income countries, despite reform efforts, are in a position where any new shocks would hit them ‘quite negatively’. Oil prices climbed about two per cent to a four-month high last Monday based on expectation