AutomobileTesla gets first approval for California robotaxi service
However, the permit does not yet authorize Tesla to provide autonomous rides to the public
Mar 19, 2025
Monitoring Report
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World Business NewsBOJ keeps interest rate unchanged at 0.5%
Governor Kazuo Ueda acknowledges that rising food costs and stronger-than-expected wage growth push inflation higher
Mar 19, 2025
HeadlinesGovt pays Rs53 billion to seven IPPs under revised agreements
Liberty Power receives Rs5.27bn, Narowal Energy Rs9.68bn, Nishat Chunian Rs6.67bn, Nishat Power Rs9.63bn, Engro Powergen Rs8.04bn, Saif Power Rs6.49bn, and Saphire Electric Rs7.05bn
Mar 19, 2025
HeadlinesFIA arrests four for bribery at Faisalabad Airport, including three customs officials
Arrests followed a complaint by a female passenger who alleged that customs officers extorted Rs400,000 from her for carrying two iPhone 15 devices
Mar 19, 2025
HeadlinesDevelopment spending remains sluggish, with 28% of PSDP funds utilised in eight months
A significant portion of PSDP funds has been allocated to parliamentarians' schemes, with 140% of the initially earmarked amount spent
Mar 19, 2025
HeadlinesPM to announce power tariff reduction by Rs8/unit from April 1: report
Tariff cut will provide relief after agreements with IPPs are revised, though some adjustments will only be temporary
Mar 19, 2025
HeadlinesTorkham border remains closed as Afghan authorities delay final decision on reopening
Delay stems from the Afghan Jirga seeking final approval from higher authorities in Kabul and Jalalabad
Mar 19, 2025
HeadlinesGovt saves Rs1.3 trillion from renegotiated agreements with IPPs
Revised deals are expected to reduce capacity payments and electricity tariffs, benefiting consumers
Mar 19, 2025
HeadlinesDepartment of Plant Protection under scrutiny for manual release of toxic betel nuts: report
Allegations of misconduct arise after officials issue multiple manual release orders for a consignment of potentially contaminated betel nuts valued at Rs. 73.6 million.
Mar 19, 2025
HeadlinesOver 10,000 Goods Declaration forms tampered to evade billions in taxes, FBR orders audit
Scam, involving importers and PSW officials, resulted in significant revenue loss, with changes made to goods descriptions and quantities; FBR launches inquiry into the breach
Mar 19, 2025
HeadlinesPrivatisation Commission recommends full divestment of PIA shares in second privatisation attempt
Government aims to sell 51%-100% of PIA's shares, with new conditions to attract investors
Mar 19, 2025
AutomobileXiaomi raises 2025 EV delivery target to 350,000 units
The raised target reflects Xiaomi’s confidence in its EV business, which earned $4.4 billion last year with 135,000 SU7 deliveries
Mar 18, 2025