Pakistan’s electricity sector is grappling with an escalating crisis, as electricity distribution companies (DISCOs) are adding Rs50 billion to the circular debt every month.
Category: Business
Why Do They Tax Us So Much? Insights from Think Fest 2025
At the recently held Think Fest, a session titled “Why Do They Tax Us So Much?” shed light on Pakistan’s taxation challenges and the pressing need for systemic reforms. The discussion featured former Federal Finance Minister
Global markets show mixed performance amid U.S. stock market closure.
World shares presented a mixed picture on Thursday as the U.S. stock market remained closed in observance of a National Day of Mourning for former […]
Elon Musk pressures states to intervene in OpenAI restructuring amid legal battle.
Elon Musk’s legal team has urged attorney generals in California and Delaware to compel OpenAI to auction a major stake in its business to determine […]
PM Shehbaz Sharif launches faceless customs assessment system to boost transparency and efficiency.
Prime Minister Muhammad Shehbaz Sharif inaugurated the Faceless Customs Assessment System of the Federal Board of Revenue (FBR) at Karachi Port on Wednesday, marking a […]
Gold Prices Surge in Pakistan, Reaching Record Highs
The price of gold in Pakistan has seen another sharp increase, adding to the financial burden on consumers and businesses. The All Pakistan Gems and Jewelers Association reported
Oil prices rise amid supply tightening and economic growth signals.
Oil prices edged higher on Wednesday as tightening supplies from Russia and OPEC members coincided with positive economic data from the United States, signaling potential […]
Nvidia unveils new products at CES 2025, expanding AI and gaming horizons.
At CES 2025, Nvidia showcased its latest innovations, highlighting advancements in artificial intelligence, gaming technology, and its first desktop computer. CEO Jensen Huang revealed how […]
Syria to receive electricity-generating ships from Turkey and Qatar.
Syria is set to bolster its energy supplies with two electricity-generating ships provided by Turkey and Qatar, according to state news agency SANA. The initiative […]