6+ hour, 25+ min ago   (347+ words) Pakistan proposes major duty cuts on hybrid vehicles under new auto policy By: Zaheer Ali Khan Prime Minister Shehbaz Sharif has approved the draft of a new five-year automobile policy aimed at promoting hybrid vehicles through phased reductions in import…...

1+ day, 2+ hour ago   (269+ words) Hybrid cars, trucks and buses set for duty cuts under new auto policy By: Zaheer Ali Khan The final draft of Pakistan's new auto policy for 2026-2031 has been prepared, proposing phased reductions in duties on hybrid vehicles and incentives for…...

2+ week, 2+ day ago   (345+ words) PM Shehbaz welcomes Moody’s upgrade Global credit rating agency Moody’s has upgraded Pakistan’s sovereign credit rating from Caa1 to B3, while maintaining a stable outlook for the country’s economy. The rating agency also cited improvements in governance and lower borrowing costs as…...

1+ mon, 2+ week ago   (157+ words) Russian president vows to maintain economic stability Russian President Vladimir Putin has said that foreign powers are trying to destabilise various key sectors of Russia’s economy, including the fuel and energy sector, but the main areas of the Russian economy…...

1+ mon, 2+ week ago   (373+ words) Govt employees to receive higher allowances under new pay scale The federal government has approved an increase of up to 50 per cent in the monthly conveyance allowance for employees from Grade 1 to Grade 22. The 2022 and 2025 ad hoc relief allowances will…...

1+ mon, 3+ week ago   (611+ words) Global crude oil surge raises concerns over petrol prices in Pakistan By: Zaheer Ali Khan Rising tensions surrounding the Strait of Hormuz have once again rattled global energy markets, prompting the Pakistani government to review how petroleum prices are determined....

1+ mon, 3+ week ago   (310+ words) Says renewed tensions surrounding the Strait of Hormuz had increased uncertainty Federal Petroleum Minister Ali Pervaiz Malik has said petrol prices in Pakistan remain lower than those in Bangladesh, Sri Lanka and Turkey, while they are broadly comparable to fuel…...

2+ mon, 1+ week ago   (248+ words) Consumers say they've yet to benefit from lower petrol, diesel prices Despite a significant reduction in petrol and diesel prices, consumers in Karachi say they have not received any relief in the prices of essential food items. Instead, flour and…...

2+ mon, 4+ week ago   (1419+ words) By: Zaheer Ali Khan Pakistan failed to achieve most of its major economic targets during the current fiscal year, with GDP growth recorded at 3.7% against the annual target of 4.2%, according to the Economic Survey 2025-26. According to the Economic Survey, national…...

3+ mon, 4+ day ago   (400+ words) Proposal under consideration may raise GST on stationery from 10% to 18% As preparations for the 2026-27 federal budget enter their final phase, a proposal to increase the General Sales Tax (GST) on stationery items is being considered in consultations with the International…...