The cost of importing bogies has increased by 130 percent for Pakistan Railways.
ISLAMABAD: Pakistan Railways (PR) is requesting a 130% rise in the purchase cost of about 1,050 bogies to Rs71 billion, primarily due to currency depreciation and changes in specifications, despite…
In the first quarter, NBFIs received a record Rs400 billion in bank loans.
KARACHI: Banks are lending more to non-bank financial institutions (NBFIs) as the private sector pays off its obligations; in the first quarter of the current fiscal year (FY25), they set…
Oil drops 5% as the likelihood of a larger Middle East conflict declines.
HOUSTON: After Israel's retaliatory strike against Iran's military on Saturday avoided oil and nuclear sites and did not impair energy supply, oil prices fell by about $4 a barrel on…
Kurram saw the martyrdom of two FC guys.
KURRAM: According to police sources, two members of the Frontier Corps (FC) were killed on Monday when unidentified gunmen opened fire on Tall Scouts in the Char Khel neighborhood of…
PTI chooses to join the panel responsible for selecting judges.
ISLAMABAD: The PTI decided to join the Judicial Commission of Pakistan (JCP), which was reorganized to include lawmakers in light of the 26th amendment, on Monday after filing a contempt…
After the law minister rules out an amendment, the “key bill” is due this week.
ISLAMABAD: As rumors circulated regarding the 27th amendment, Law Minister Azam Nazeer Tarar announced on Monday that the government was not considering any legislation of that kind. Notwithstanding Mr. Tarar's…
Mohammad Rizwan is named the PCB’s white-ball cricket captain.
On Sunday, the Pakistan Cricket Board (PCB) named batting all-rounder Agha Salman the vice-captain and wicketkeeper Muhammad Rizwan the captain of the white-ball cricket side. The decision was made in…
Israeli strikes on Gaza and Lebanon continue unabated.
JERUSALEM: A day after its strikes on Iran sparked concerns of a wider war, Israel continued to bombard Hamas and Hezbollah targets in Gaza and Lebanon on Sunday, showing no…
A resort island in a futuristic megacity is opened by Saudi Arabia.
Neom, a proposed futuristic mega-city in Saudi Arabia, announced on Sunday the inauguration of its "first physical showcase," a posh Red Sea island with dining options, lodging options, and boat…
Prices for gasoline and diesel could decrease by up to Rs3 per litre.
ISLAMABAD: Following a slight drop in worldwide prices, it is anticipated that the prices of the two main petroleum products, gasoline and high speed diesel (HSD), will drop by Rs2…
