Petrol consumption falls by 7.2%, household solar and renewable energy see gains in 2023-24. Why?

ISLAMABAD: Leading up to the federal budget due to be presented in parliament on Wednesday (today), the Pakistan Economic Survey for 2023-24...

World Bank approves $1 billion for Dasu Hydropower Project, what does it change?

Project to aid Pakistan's energy transition by increasing hydro power share by more than 5%

Brandon Timinsky resigns as SadaPay CEO after Papara acquisition

Resignation comes a little over a week after Papara’s acquisition of SadaPay

The federal govt and the provinces have finally agreed on food quality enforcement. Why did it take them six years? 

Why did the issue remain unresolved for years despite intervention of CCI?

Government to target lesser inflation and narrower fiscal deficit in FY25

Economy rebounded with 2.4% growth in 2023-24; growth target for FY25 set at 3.6%

Turkish neobank Papara has officially announced its acquisition of SadaPay. How good is the deal?

Post acquisition, Pakistani users can expect a host of new SadaPay products and services such as savings and wealth management 

NAB just raided Bahria Town’s office. Already on the brink of default, is Malik Riaz’s house of cards about to come tumbling down? 

Days after Bahria Town founder Malik Riaz made cryptic tweets about not bowing to political pressure, the National Accountability Bureau has raided...

Wheat Import Scandal: Caretaker government cleared, officials blamed

Five officials from the MNoFSR suspended over allowing of wheat import in 2023

Imran Khan was supposed to speak at the SC today. The case in question might determine the fate of white-collar financial crime in Pakistan. 

Mr Khan is the complainant in a case the SC is hearing regarding the previous PDM government’s decision to clip the powers of the National Accountability Bureau. What implications does the case have on white-collar financial crime? 

Pakistan’s already restricted mango exports to high-end markets in doldrums 

Mango exports to commence by May 20, HWT plants, packhouses and orchards yet to be audited

Funding drought sees small respite as KalPay raises over $1mn in early-stage funding 

KalPay, which claims EBITDA profitability, says that the new round was a combination of equity and debt. It is the first Pakistani startup to announce a round in 2024. 

PM terms FBR’s Track and Trace system a complete fraud. Is he right?

Deep inside Pakistan’s track and trace problem, a story of inefficiency, judicial interference and conflict of interest unfolds

Pakistan’s biggest telco Jazz sets eyes on public listing

Through listing, Jazz says it plans to build capital markets of the country

Ruling party in shambles over wheat scam as PM reluctant to take action against caretakers

Mian Nawaz reportedly wants to initiate action to deflect blame away from his daughter Maryam’s government in the Punjab.

TPL REIT fund is looking to raise Rs 403 million via IPO

As the company looks to raise funds, just what is a REIT fund and how does it work?