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Has the e-tron’s price actually dropped by Rs20m?

LAHORE: Audi Pakistan has revised the prices of its entire e-Tron portfolio downwards after the increase in regulatory duty the Government levied upon it...

Electric rickshaws still awaiting registration nod from Punjab Assembly

LAHORE: The Government of Punjab Excise has in principle greenlit the registration of electric rickshaws through the Punjab Cabinet’s approval of a summary forwarded...

Unexpected but not unwarranted: policy rate hiked by 100bps to 16pc – 24-year high

KARACHI: In a meeting by the State Bank of Pakistan (SBP), the Monetary Policy Committee (MPC) decided to hike the policy rate on November...

Chinese want to encash $150m guarantee by Hubco. But why?

LAHORE: The China Power Hub Generation Company (CPHGC), a joint venture company formed under CPEC that owns and operates imported coal fired power plants...

Mobility startup SWVL shuts operations in Pakistan, its second biggest market

After three years of operating in Pakistan, mobility startup SWVL last week decided to wrap up operations in Pakistan completely amid a global downturn...

Faced with revenue shortfall, ET&NC suspends biometric for vehicle transfer for two months

LAHORE: Faced with an increasingly up-hill battle to completely digitise the legal transfer of vehicles when they are bought and sold, the provincial Excise...

FTO open investigation into fraudulent rebate of 954 tractors

LAHORE: The Federal Tax Ombudsman (FTO) has instructed the Federal Bureau of Revenue (FBR) to open an investigation on a fraudulent rebate of 954...

NA body approves foreign trade resolution bill, paving way for ease of business

ISLAMABAD: The incumbent government has approved Pakistan’s first ever Trade Dispute Resolution law meant to mediate disputes between local and foreign importers and exporters....
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