The Bhara Kahu Bypass Project has been hit by a string of accidents, causing a sense of panic among authorities. Two accidents have already occurred, leading to the project being delayed by several months.This has prompted the authorities to frequentl…

Sailing, sail training, scenery, stalls, sustainability, scrummy snacks, Sailability and sea trips are all open to the public at Hebe Haven Yacht Club (HHYC) this Sunday. HHYC is pleased to announce its annual HHYC Open Day on Sunday 7 May 2023 at its…

The Pakistani rupee (PKR) reversed gains and posted losses against the US Dollar today.The Pakistani rupee was largely stable throughout intraday trade today with the interbank rate gaining over 60 paisas to reach 283.22 by 11 AM. By 1:25 PM, it staye…

Prime Minister Shehbaz Sharif has attributed produce of 27.5 million metric tons of record bumper wheat crop in the country to the government’s efforts, provision of quality seed, uninterrupted supply of fertilizer, and the Kissan Package.In a meeting…

K-Electric (KE) reported a net loss of Rs. 39.4 billion in the nine-month period of FY23, compared with a net profit of Rs. 1.49 billion in the same period for FY22.Rupee devaluation, surging inflation, policy rate hikes, and reduction in economic act…

The Economic Coordination Committee has approved additional fund worth 35 million rupees for establishment of Passport Processing Centers at Tehsil level in 30 administrative units across the country.The approval to this effect was granted at a meetin…

Lucky Core Industries Limited (PSX: LCI) announced its results for the 3rd quarter/9 months ending March 31st, 2023.The company posted a profit after tax (PAT) of Rs. 18.9 billion (EPS: Rs. 204.98). up by 841 percent year-on-year (YoY) compared to Rs. …

Punjab Government increased inter- and intra-city transport fees by up to 267%. Keep in mind that this applies to non-AC buses. The decision has sent shockwaves through the populace, who are already burdened by the rising cost of living. The massive i…

The federal government has identified 24 loss-making SOEs including 8 DISCOs, 1 GENCO (Jamshoro Power Company) along with Pakistan Textile City Ltd, State Engineering Corporation and Telephone Industries of Pakistan for privatization.According to ‘Sta…

Operating profit of Hyundai Motor, South Korea’s biggest carmaker, hit a record high in the first quarter due to strong automotive demand both at home and abroad, the company said Tuesday.Operating profit jumped 86.3 percent over the year to reach a n…