AutomobileGlobal EV sales reach 1.8 million in June, up 24 percent from last year
China leads with a 28% increase to 1.11 million vehicles, while Europe sees a 23% rise to about 390,000 units
Jul 15, 2025
Monitoring Report
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Automobile
World Business NewsNew Zealand’s central bank says ageing population to reshape financial system
Total savings are set to rise short term but decline later, as people borrow when young, save while working, and spend in retirement, says Bank
Jul 15, 2025
TechMeta to spend hundreds of billions on AI data centers
Zuckerberg says the company’s advertising business provides the financial strength needed to support this investment
Jul 15, 2025
World Business NewsBank of England Governor says global cooperation key to financial stability
Andrew Bailey says countries cannot ensure stability on their own and must work together to respond to global shocks
Jul 15, 2025
TechPentagon awards $200 million AI contracts to OpenAI, Google, xAI, and Anthropic
AI adoption is changing the Defence Department’s ability to support operations and maintain its position globally, says Chief Digital and AI Officer
Jul 15, 2025
HeadlinesPakistan reduces sugar import tender to 50,000 tons amid rising prices: report
Trading Corporation of Pakistan revises tender volume and deadline for international sugar purchase
Jul 15, 2025
HeadlinesSupreme Court rules against immediate coercive tax recovery under Section 140 of Tax Ordinance
Court calls for reasonable notice periods for tax payments and upholding taxpayer dignity
Jul 15, 2025
HeadlinesIMF raises concerns over Pakistan's tax waiver on sugar imports
Fund cites violation of commitments under $7 billion loan program; agreement explicitly prohibits granting tax amnesties or any preferential tax treatment, including exemptions on commodity imports
Jul 15, 2025
HeadlinesGovernment to proceed with PIA asset disposal in Q4 after due diligence
Four pre-qualified parties will begin buy-side due diligence for PIA privatisation, with asset sale expected by year-end
Jul 15, 2025
HeadlinesCustoms officials accused of selling 350 smuggled luxury vehicles in multi-billion rupee scam
High-end smuggled vehicles were sold as "auctioned" in collusion with customs officials, triggering an investigation into a massive corruption scheme
Jul 15, 2025
HeadlinesAurangzeb defends FBR powers, says focus is on tackling sales tax fraud, not income tax
Finance minister clarifies that new enforcement authority targets high-value non-filers and serious tax fraud; urges banks to support privatisation, economic revival
Jul 14, 2025
HeadlinesGovernment fixes ex-mill sugar price at Rs165/kg following deal with industry
Provinces ordered to ensure implementation as Pakistan eyes sugar imports to stabilise market
Jul 14, 2025