Business

Tuesday, 27 January 2026 | Web Desk India and the European Union have reached a landmark trade agreement, being hailed as the “Mother of All Deals,” which promises to elevate their economic partnership to unprecedented heights. The deal will see tariffs eliminated or significantly reduced on approximately 97% of EU exports to India, amounting to potential annual duty savings of …

Thursday, 15 January 2026 | Web Desk In a significant move to modernize its financial infrastructure, the Government of Pakistan has signed a Memorandum of Understanding (MoU) with the American fintech company World Liberty Financial. The agreement aims to foster innovation in digital payments, marking a pivotal step in Pakistan’s journey toward a robust digital economy. The signing ceremony was …

Thursday, 15 January 2026 | Web Desk A senior delegation from World Liberty Financial, a prominent American financial technology (fintech) company, met with Field Marshal Syed Asim Munir, Pakistan’s Chief of Defence Forces, to discuss enhancing financial inclusion and strengthening cross-border digital payment systems. According to a press release from the Inter-Services Public Relations (ISPR), the meeting focused on the …

Wednesday, 24 December 2025 | Web Desk The federal government will receive approximately PKR 55 billion from the privatization of Pakistan International Airlines (PIA). According to the agreement, PKR 10 billion will be in cash, while PKR 45 billion will be in the form of government equity. The details were shared by Advisor to the Prime Minister on Privatization, Muhammad …

Friday, 12 December 2025 | Web Desk Pakistan’s auto market saw a strong year-on-year rebound in November 2025, with total sales of cars, LCVs, vans, and jeeps rising 51.9% to 15,442 units, compared to 10,163 units in November last year, according to the latest data from the Pakistan Automotive Manufacturers Association (PAMA). However, monthly sales slipped 10.9% from 17,333 units …

Tuesday, 10 December 2025 | Web Desk The Iranian rial has plummeted to its lowest level in history. According to Iranian media reports, in the open market, one US dollar was recently exchanged for approximately 1,250,000 rials. For comparison, during Donald Trump’s presidency in 2018, one dollar was equivalent to around 55,000 rials. Since then, the Iranian currency has been …

Tuesday, 25 November 2025 | Web Desk After the ouster of former prime minister Sheikh Hasina’s government in August 2024, relations between Islamabad and Dhaka — strained for decades — have gradually improved, accompanied by a notable increase in economic engagement between the two countries. One sign of these improving ties is Pakistan’s plan to export 100,000 tonnes of rice …

Thursday, 20 November 2025 | Web Desk A frequently asked question amid the growing use of solar energy in the country is whether it has had any negative impact on the national grid. The government itself has now answered this question: no, it has not. Central Power Purchasing Agency (CPPA) CEO Rehan Akhtar, while testifying before the National Electric Power …

Thursday, 13 November 2025 | Web Desk Defence Minister Khawaja Asif has said that Afghanistan’s plan to reduce transit trade with Pakistan will, in fact, prove beneficial for Pakistan. Tensions between Pakistan and Afghanistan have led to the closure of border crossings since October 11. Following recent clashes along the 2,600-kilometre-long frontier, cross-border trade has come to a complete halt, …

Tuesday, 14 October 2025 | Web Desk Google will invest $15 billion in India over the next five years to build a large-scale data centre and artificial intelligence (AI) base in the country’s south. Thomas Kurian, CEO of Google Cloud, announced the plan at a ceremony in New Delhi, calling it “the largest AI hub we are investing in anywhere …