A volatile session was observed at the Pakistan Stock Exchange (PSX) on Monday, where the benchmark KSE-100 index lost a modest 248 points, as late-session selling pressure erased early gains. The market opened positively and climbed to the intra-day high of 163,602 well before midday. However, the momentum lost steam through the afternoon and stock […]
Indus Motor Company (IMC) has proposed that the upcoming Auto Policy 2026-31 should maintain at least 40% tariff difference between completely knocked down (CKD) and completely built-up (CBU) vehicles to protect jobs and ensure competitiveness. It was proposed by IMC Chief Executive Ali Asghar Jamali while speaking at the Pakistan Auto Show (PAPS) held at […]
Pakistan and Uzbekistan have agreed to fast-track cooperation in key sectors, including pharmaceuticals, aviation, banking, and mining, as both nations seek to enhance trade and regional connectivity under the vision of Prime Minister Shehbaz Sharif. The understanding was reached during the 8th Review Session of Pakistan-Uzbekistan Cooperation, chaired by Special Assistant to the Prime Minister […]
As Karachi’s new AI-based e-challan system sparks public outrage over steep penalties, city traffic authorities are defending the move as a necessary deterrent to restore order on chaotic roads while citizens say authorities should fix the city’s crumbling infrastructure before penalising drivers. Heavy traffic fines in Karachi are designed to deter violations, not match people’s […]