Digital darkness
Pakistan again plunged into digital darkness as the government imposed internet shutdowns following political protests by the Pakistan Tehreek-e-Insaf (PTI). This has become a regular tool for the government to quell public unre...
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The fight for water access in Punjab
The state of Pakistan has taken upon itself to provide water as an essential service. The governance structure through a hierarchical approach defines related responsibilities – from quality standards to service provision – ...
What did Baku deliver?
COP29, widely referred to as the Finance COP, concluded with an agreement on a $300 billion annual climate finance package under the much-anticipated New Collective Quantified Goals (NCQGs). After two weeks of contentious and...
Crypto dilemma
The PSX is not the only market to have surged past a six-figure barrier this month. The world’s largest cryptocurrency: Bitcoin, has now risen past the $100,000 mark on the back of US President-elect Donald Trump’s return to...
Back to civil disobedience
Pakistan is living through its own bizarre version of Groundhog Day. In the latest, PTI founder chairman Imran Khan has issued a warning to the government that if his party’s demands are not accepted, a civil disobedience move...
Pakistan’s policy rate dilemma
LAHORE: With inflation plunging to a six-year low, businesses are anticipating a significant reduction in the State Bank of Pakistan’s (SBP) policy rate at its next monetary policy meeting on December 16. However, the SBP base...
Rupee edges down slightly against dollar
KARACHI: The Pakistani rupee depreciated marginally against the US dollar in the interbank market on Friday.The local currency shed 6.47 paisa to close at Rs278.01 per dollar, compared to the previous day’s closing of Rs277.94...
Weekly inflation falls 0.34pc
KARACHI: Weekly inflation eased to 3.57 per cent year-on-year for the week ending December 5, marking a slight improvement from 5.13 per cent recorded the previous week, according to the Pakistan Bureau of Statistics (PBS). The ...
Sindh seeks tech-driven motor vehicle tax reform
KARACHI: Sindh’s Chief Secretary Asif Hyder Shah has directed the Excise, Taxation, and Narcotics Control Department to implement tech-driven reforms aimed at making the Motor Vehicle Tax system more user-friendly. The goal is...
SMEDA, PBA join hands to boost SME financing
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and the Pakistan Banks’ Association (PBA) signed a Memorandum of Understanding (MoU) to enhance access to finance for small and medium enterprises (SMEs). ...