Nawaz will spend Rs700 billion from the Punjab budget to be able to blame inflation on Shehbaz

The Punjab Government has decided it will cut the power tariff by Rs14 for consumers using up to 500 units but cutting the province’s development budget. It will do nothing for inflation except exacerbate it later, and it has other provincial governments fuming

Getting to the root of the subsidy addiction

A closer look at the Pakistan’s subsidy structure makes it evident where the rot starts

The Rise of GT Road Megalopolis: Unchecked Urban Development in Punjab

The heat is punishing in the Punjab. As the heatwave takes over Pakistan’s Grand Trunk districts, it is worth reflecting on how...

China, world’s top graphite producer, to curb exports of key battery material

China said on Friday it will require export permits for some graphite products to protect national security, in its latest move to...

Has Huawei overcome U.S. sanctions by developing its own 5G chip?

The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies (HWT.UL) has triggered an international guessing game over...

China has no pain-free solutions for its slowing economy

Erin Yao would like to take street dance classes and travel, activities she could not do during three years of COVID-19 restrictions...

The SC ordered the Sindh govt to compensate affectees of anti-encroachment drives. They ignored the orders. What happens now?   

The landmark June 2021 Supreme Court verdict not only ordered settlements to be demolished through the anti-encroachment drive, but also that the affectees be rehabilitated substantially. 

Public debt: How did the PDM govt do?

Measuring public debt is a complicated business. Profit looks at the different measures by which we can measure it in Pakistan. 

Bitcoin drops to new two-month low as world markets sell off

Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent tight range as a wave of risk...

Facing continued losses, provincialisation of DISCOs issue to go to caretaker cabinet

The companies have suffered Aggregate Technical & Commercial Losses of more than Rs292bn 

FBR set to auction properties of iconic Bio Amla manufacturer to recover taxes

The investigation first began in 2017 with accusations of under-invoicing and tax evasion.
World economy-virus

Why is China not rushing to fix its ailing economy?

With China at risk of tipping into prolonged stagnation and a spiralling property crisis threatening financial stability, there is growing unease over why its leaders...
Coronavirus-world economic recession

Fed, economists make course correction on US recession predictions

Blame it on economic theory not matching reality, groupthink among forecasters or political partisanship by opponents of the Biden administration, but a...

How much worse can China’s economic slowdown get?

China's economic activity data for July, including retail sales, industrial output and investment failed to match expectations, fuelling concern over a deeper, longer-lasting...

Can Shehbaz Sharif really be credited with saving Pakistan from default?

After 16 months of intense fiscal management, the question is who put Pakistan so close to the brink in the first place?