Men sell vegetables at their makeshift stalls at Empress Market in Karachi, April 2, 2018. — Reuters PBS releases data for the week ending January 16. Tomatoes lead weekly price declines. The annual SPI data highlights a complex inflationary situation. KARACHI: Inflationary pressures in Pakistan further moderated as the Sensitive Price Indicator (SPI) recorded a … Read more
Concept art for “The Mangrove” project by TPL Properties. — tplproperties.com/File TPL Properties has unveiled its ambitious project, The Mangrove, a modern residential and commercial development located along the Korangi Creek in Karachi. Envisioned as a gated community, the project spans 70 acres, combining urban sophistication and natural beauty to provide a unique living experience. … Read more
A view of K-Electric’s head office in Karachi. — K-Electric website/file Nepra criticizes KE’s dependence on NTDC for supplies. Calls launched to revoke KE generation license. The company is seeking an FCA refund of Rs 4.96 per unit. ISLAMABAD: Karachi residents and industrialists expressed their frustration with K-Electric (KE) at a public hearing on Wednesday, … Read more
A currency dealer counts US dollars at a store in Karachi. — AFP/File Deposits placed with the SBP matured in January 2025. Prime Minister Shehbaz confirmed the postponement during Tuesday’s meeting. Foreign exchange reserves amount to $16,450.9 million. The United Arab Emirates (UAE) has confirmed the refinancing of its two deposits of $1 billion each, … Read more
Inauguration ceremony of Gul Ahmed’s new flagship store at Dolmen Mall, Karachi on January 16, 2025. — Reporter KARACHI: Ideas by Gul Ahmed has unveiled its largest and most innovative flagship store at Dolmen Mall Clifton, Karachi. Spanning an impressive 30,000 square feet, the store combines traditional craftsmanship with modern retail practices, offering a complete … Read more
A doctor treats a little girl at the Mithi Civil Hospital, in Mithi, Sindh, on May 25, 2018. — AFP/File 34% of children under five are stunted nationwide. Stunted growth is seen as the main consequence of inaction. Pakistan has the highest prevalence of stunting in South Asia. ISLAMABAD: Due to the ongoing undernourishment crisis, … Read more
A worker holds a fuel injector to refuel a car at a gas station in Karachi, September 16, 2023. — Reuters The new price of petrol will be Rs290.45 per litre. Ogra revises fuel prices taking into account international market fluctuations. The new fuel prices will come into effect on January 16. The federal government … Read more
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef speaks during an interview with Reuters at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. — Reuters Exploring how we can help Pakistan in certain infrastructure: minister. According to him, without infrastructure, the economic aspects of the transaction are not attractive. Malik … Read more
Federal Minister for Energy Sardar Awais Ahmad Leghari addresses a press conference in Islamabad on January 15, 2024. — APP Regulations on electric vehicle charging stations must be implemented. The charging stations will be powered at Rs39.70 per unit. Revised agreements with 18 additional IPPs proposed. Federal Minister for Power Sardar Awais Ahmad Leghari on … Read more
Technicians working on a power pole in this undated image. – Online Lesco CEO says company has made billions by cutting online losses. Special unit responsible for accelerating the recovery of unpaid contributions. We are working on lists of corrupt and incompetent officers: Haider. LAHORE: A special unit has been set up to help the … Read more