Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu, October 4, 2012. — Reuters/FilePassenger car production falls 23% month-on-month in August.Passenger car sales drop 20% month-on-month in…
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Govt considers scrapping personal baggage used cars import scheme
Vehicles are parked at a car dealer’s showroom in Karachi. — AFP/FileGovt mulls introducing stringent measures to prevent misuse.Auto sector opposes car imports, govt wants balanced approach.Industry comprises of roughly 1,200 factories, provides 2.5m jobs.
ISLAMABAD:…
Chinese companies seek licences to export donkey meat from Pakistan
Traders unload donkeys from a supply truck to sell them during an annual donkey fair in Ahmedabad, India. —Reuters/File
Two Chinese companies have applied for licences to export donkey meat from Pakistan, officials say, a development surfacing just a day after authorities…
Pakistan repays $1.43bn in external debt, says finance ministry adviser
A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/FileRepayment includes $1.3bn Eurobond maturing on April 8Debt servicing continued to be executed as non-event: adviser.Repayment reinforces Pakistan’s credibility, says Schehzad.<p…
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