A representational image showing cars parked at a dealership. — Reuters/FilePAMA members sell 7,135 cars in July.Car sales surge on lower interest rates.Two/three-wheeler sales jump 44% YoY.KARACHI: Passenger car sales by Pakistan…
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India and New Zealand sign free trade deal
India’s Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay shake hands during the signing ceremony of the Free Trade Agreement at Bharat Mandapam in New Delhi, April 27, 2026. — ReutersDeal to facilitate $20bn of investment into…
Govt keeps petrol, diesel levy unchanged; subsidy of Rs23bn approved
People wait their turn to get fuel at a petrol station in Karachi. — Reuters/FilePetrol levy remains Rs 105.37 per litre, diesel Rs 55.24 per litre.Govt to pay subsidy for petrol and diesel from Mar 14–20.Petroleum levy adjustments form part of IMF commitments.
ISLAMABAD: The…
‘Widening current account deficit’: Analysts warn of drop in remittances amid Middle East conflict
A foreign currency dealer counts US dollars at a shop in Karachi. — AFP/FileRemittances could fall by 10-15% or more, says Shahid Anwar.Expert warns this will amount to a shortfall of around $3 billion.Says conflict’s will be felt across households, businesses for…