Islamabad: The Pakistan Stock Exchange (PSX) achieved another significant milestone today by surpassing the psychological barrier of 133,000 points in the stock market's hundred index during trading. According to Radio Pakistan, the hundred index, w...
Read More »Monthly Archives: July 2025
DPM Reviews Domestic Situation of Essential Commodities in Islamabad
Islamabad: A meeting to review the domestic situation of essential commodities and food items was held in Islamabad on Monday with Deputy Prime Minister Ishaq Dar in the chair. Discussions focused on supply and demand dynamics, pricing trends, and mea...
Read More »Pakistan’s Energy Shake-Up: Government Reduces Tariffs and Tackles Debt
ISLAMABAD: Pakistan's government has announced a reduction in the national base tariff for electricity, setting it at PkR34.0 per kWh for the fiscal year 2026. This adjustment represents a 4% decrease from the previous year's rate of PkR35.5 per kWh. ...
Read More »Microsoft’s Exit from Pakistan: A Cautionary Tale for the Digital Economy
Islamabad: Prominent economic commentator and former President of the Islamabad Chamber of Commerce, Shahid Rasheed Butt, has expressed grave concerns over Microsoft's recent decision to close its direct operations in Pakistan. The move, he argues, se...
Read More »Microsoft’s Exit from Pakistan: A Cautionary Tale for the Digital Economy
Islamabad: Prominent economic commentator and former President of the Islamabad Chamber of Commerce, Shahid Rasheed Butt, has expressed grave concerns over Microsoft's recent decision to close its direct operations in Pakistan. The move, he argues, se...
Read More »Automobile Sales Surge in June 2025, Marking a Year of Recovery
Karachi: Automobile sales in Pakistan showed significant growth in June 2025, with major industry players achieving the highest combined sales volumes since December 2022. According to a report from JS Global, Indus Motors Company Ltd, Honda Atlas Car...
Read More »UNISAME Condemns New Tax on Cash Withdrawals, Calls for Repeal
Karachi: The Union of Small and Medium Enterprises (UNISAME) has voiced strong opposition to a newly imposed tax on cash withdrawals from bank deposits, labeling it an unjust and poorly conceived policy that breaches fundamental taxation principles. ...
Read More »OGDC Boosts Output at Rajian-05 with New Technology
Islamabad: Oil and Gas Development Company Ltd (OGDC) has successfully increased production at its Rajian-05 well through the installation of electrical submersible pumps (ESP), according to a press release. This move has significantly enhanced the ou...
Read More »OGDCL Increases Output at Chakwal’s Rajian Well with ESP Installation
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has reported a marked increase in production at its Rajian well-05 located in the Chakwal district, following the installation of an Electrical Submersible Pump (ESP). This strategic move has ...
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