The consumer price index (CPI) slowed for the month of July as food costs rose slowly. Both urban and rural core inflation rising by 6.9 percent in July year-on-year. The two major contributors to the overall inflation remained "Food" and the "Housing, Water, Electricity, Gas & Fuels" sector.
The Minister of Energy slammed Pakistan's leading news publication Dawn for publishing fake news claiming that the state-run oil company PSO had bought LNG at the second highest ever price of $20 MMBTU.
Leading auto manufacturers in Pakistan Toyota and Suzuki have posted record monthly sales of vehicles in the month of July. The experts attribute this record to the uptick of car financing in the country following low cost of borrowing for consumers.
In a meeting to discuss the upcoming Auto Policy 2021-26, Finance Minister Shaukat Tarin directed the members to speed up the formulation of the car financing policy in Pakistan. During the discussion, important development in the EV sector was also discussed.
Despite Pakistan lagging in the official launch of the vehicle, a user reported seeing the latest version of the Toyota Corolla 2021 hybrid sedan on the M2 motorway. The sedan despite being cheaper, has won awards like "2021 Best Hybrid and Electric Car for the Money" by USnews.
In a record-making event, more than 2.7 million people took to the northern areas over the Eid holidays, leading to the total spending of Rs66 billion on small and medium-sized local businesses.
Various areas of Islamabad faced severe damages after a cloudburst that caused urban flooding in the Federal Capital of Pakistan. According to the meteorological...
The first month of revenue collection by FBR exceeds the set target by big margins. On the other hand, Prime Minister Imran Khan has promised businessmen that the government reforms aimed at improving the tax system are underway, and directed that the stakeholders meet regularly for consultations to improve the system.
Honda's new crossover Honda Vezel 2021 features fresh styling, better packaging, and a 129bhp 1.5-liter twin-motor hybrid powertrain. The car is not just better styled, its performance has taken a giant leap as well.
Pakistan is one of the hardest hit countries by global climate change. due to increased vulnerability of monsoon, temperature, Himalayan glacier melt, and its...
Minister of Energy Hammad Azhar took to Twitter to say that the increased load shedding in the Gwadar and surrounding region is due to a power shortfall in Iran, and has urged the Iranian Ambassador to resolve the issue at the earliest.
