Auto sales plunge 49% post-budget

[ Listen to article KARACHI: Pakistan’s automobile industry experienced a sharp slowdown in July 2025, with sales tumbling 49% month-on-month (MoM) to 11,034 units, according to data from the Pakistan Automotive Manufacturers Association (PAMA). Despite the steep monthly decline, volumes were up 28% year-on-year (YoY) due to a low base in July 2024. Industry experts attribute the … Read more

OICCI proposes more climate finance, business role

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has underscored the urgency of mobilising climate finance at scale as the private sector is positioned to act as a central partner in building resilience. The assertion came at the launch of OICCI’s 3rd Pakistan Climate Conference Report titled “Creating an Enabling Environment for Private … Read more

Liverpool spend big to hold off Arsenal

LIVERPOOL: Liverpool have splashed out to defend their Premier League title as champions but face stiff competition from an Arsenal side desperate to shake off their tag as nearly men and a rejuvenated Manchester City. After storming to a record-equalling 20th English top-flight title in Arne Slot’s first season in charge, Liverpool have looked to … Read more

Penalties on rice exporters waived

[ KARACHI: A delegation of the Rice Exporters Association of Pakistan (REAP), led by Senior Vice Chairman Jawed Jillani, met with State Bank of Pakistan (SBP) Governor Jameel Ahmad and his team at the central bank. Jawed Jillani informed the SBP governor about the challenges being faced by rice exporters. He requested him to waive … Read more

Russian forces pierce Ukraine lines

MOSCOW: Russian forces have made a sudden thrust into eastern Ukraine near the coal mining town of Dobropillia, a move that may be an attempt to increase the pressure on Kyiv to give up land as the US and Russian presidents prepare to meet. Ukraine’s authoritative DeepState war map showed on Tuesday that Russian forces … Read more

Bourse enters consolidation phase

[ Listen to article KARACHI: The Pakistan Stock Exchange (PSX) closed marginally higher on Tuesday as it entered a consolidation phase, with the KSE-100 index gaining 75 points to close at a record high at 147,005. Analysts noted that investors adopted a cautious stance amid mixed sentiment, selective buying and profit-taking. Trading volumes registered an uptick, supported … Read more

Lahore dons green and white for 78th dawn of freedom

minar e pakistan is bathed in the colours of the national flag as part of the preparations for the 78th independence day photo nni

LAHORE: As the 78th Independence Day draws near, Lahore is wrapped in a festive embrace of green and white. Streets hum with activity, stalls brim with patriotic trinkets, and preparations for official ceremonies are in full swing. Punjab Chief Minister Maryam Nawaz Sharif has called for wholehearted public participation, singling out youth and children as … Read more

Trade deficit widens 44% in July

Listen to article ISLAMABAD: As Pakistan’s trade deficit widened 44% in July due to a sharp rise in imports, Planning Minister Ahsan Iqbal on Tuesday expressed hope that it would be a “temporary dip,” likely to be offset by an increase in exports driven by higher imports of raw materials. While launching the first monthly development report … Read more