ISLAMABAD: Pakistan, especially after the 1971 debacle, entered into a very difficult economic phase. Before that, most of its exports were from its eastern wing, while the western wing was…

ISLAMABAD: National Transmission & Despatch Company (NTDC)’s failure to lay transmission lines to evacuate electricity from Thar coal-based power plants has come under fire again, with concerns that this could…

ISLAMABAD: Debt servicing expenses peaked to Rs3.18 trillion during the first eight months of the current fiscal year – exceeding the federal government’s net income – underpinning the urgent need…

ISLAMABAD: The federal government on Tuesday approved the issuance of Rs50 billion worth of sovereign guarantee to facilitate a gas distribution company in taking commercial loans and allowed the recovery…

ISLAMABAD: In Pakistan, we are quite a disintegrated society with divisions manifested through ethnic, religious and now political basis. The recent trend of strengthening this divide for political gains is…

 Elon Musk’s Twitter Inc laid off dozens of employees on Saturday in what is at least the eighth round of job cuts since Musk took over the social network in…

KARACHI: The current economic crisis, coupled with restrictions on import of steel raw material, has pushed steel rebar prices to significantly higher levels, creating friction between builders and producers of…

Reliable leaker Roland Quandt believes that Samsung may charge more for its upcoming Galaxy S23 than it did for its previous S22 series. He said that there might be a…

ISLAMABAD: The Supreme Court has held that the wage structure ought to be crafted in a way that must provide not merely for the bare subsistence of life but also…

KARACHI: The cost of fuel in power generation maintained a downward trend for the fourth consecutive month, falling to Rs9.02 per unit as a drop in demand for electricity kicked…