The price of petrol has been increased by 56 paisa per litre, while high-speed diesel (HSD) has seen a hike of Rs2.96 per litre for the fortnight starting January 1,

KARACHI: old prices in 2024 reached historic highs, driven by central bank purchases including by emerging markets and escalating geopolitical tensions. International rates peaked around $2,790 per ounce, while in

KARACHI: As Pakistan prepares for its 5G spectrum auction scheduled for April 2025, the nation stands on the brink of a significant technological evolution. The introduction of 5G technology promises

KARACHI: Pakistan stands at a critical juncture, transitioning from economic turmoil to renewed optimism. While this sentiment is encouraging, it alone is insufficient to uplift the purchasing power and reduce

KARACHI:   The US dollar is gradually falling from grace in the global financial architecture on account of rising distrust and diversification efforts made by countries that are ditching the

ISLAMABAD: Not at all, if you look at the per capita consumption and spending patterns. Yes, if you consider the per capita GDP (gross domestic product). When evaluating a country’s

LAHORE: The economic pie is divided among the income classes where high-net-worth individuals buy luxury goods and services while low and middle-income ones buy mass produced goods. Luxury goods are

ISLAMABAD: This month, the US Bureau of Industry and Security revealed a new package of strategic export controls on 140 Chinese companies, driven by a fear that the Chinese army

Japanese automakers Honda and Nissan have officially announced they have entered merger discussions to create the world’s third-largest automaker by sales.   The merger aims to help both companies compete