Economic Affairs Division Secretary Muhammad Humair Karim and Asian Development Bank Country Director Emma Fan are signing agreements between Pakistan and ADB on December 25, 2025. — PID$330m deal for Second Power Transmission Strengthening Project.$400m financing for Accelerating SOE…
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Govt forms committee to address oil tanker owners’ concerns
Petroleum Minister Ali Pervaiz Malik speaks during a meeting with a delegation of Oil Tanker Contractors Association, July 27, 2026. — Screengrab via X/@Official_PetDivCommittee to address freight rates, quotas issues: minister.Committee to present recommendations within…
As US tariffs bite, India slashes consumption tax to boost domestic demand
People shop for essential goods at a supermarket in Amritsar, India, May 9, 2025.— Reuters
India tax panel approves tax cuts on hundreds of consumer items.Federal, state revenue loss estimated at 480 billion rupees.New tax rates to be implemented from September 22.
Gold price rises Rs7,900 per tola in Pakistan
Gold bars are stored in a safe deposit room in Munich, Germany on January 28, 2026. — Reuters
Continuing its upward momentum, gold prices in Pakistan jumped by Rs7,900 on Thursday, bringing the precious metal’s rate to Rs523,962 per tola.
The price of 10 grammes of gold has…