Representational image of people buy pulses and grains at a wholesale market. — AFP/File Exports rise 10%, remittances climb 7% in July–August.LSM sector posts 9% year-on-year growth in July.CPI inflation drops to 3% in August compared to 9.6% last year.
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Govt cuts sugar import amid IMF concerns over policy violations
A representational image showing workers preparing sugar bags at a warehouse. — AFP/FileTrading Corporation delays bid opening date to July 22, 2025.Move marks U-turn from govt’s aim to import 0.5m tonnes of sugar.IMF terms tax waiver imports “violation of EFF commitments”.
Nepra reduces electricity price by Rs1.89 per unit
A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/FilePrice cut applies to April-June 2025 adjustment.Consumers to receive Rs55.87bn relief in bills.Tariff cut valid from August to October 2025.
ISLAMABAD: The National Electric…
A16z Bets Big On America’s Crypto, Tech Future With $15 Billion War Chest
Crypto and tech just got a major boost. Andreessen Horowitz (a16z) has closed on just over $15 billion in fresh capital, a fundraising round that will be split across multiple new vehicles aimed at a range of tech areas. According to reports, the move marks the firm’s biggest raise yet and gives it a much […]