Prime Minister Shehbaz Sharif has announced a major relief initiative titled the Roshan Maeeshat Electricity Package, offering reduced electricity rates for Pakistan’s industrial and agricultural sectors over the next three years. The program, designed to strengthen production and boost exports, will be effective from November 2025 to October 2028.
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Relief for Consumers as Tomato Prices Decrease Across Karachi Markets
24 October, 2025 0 13Tomato prices in Karachi have declined significantly after soaring to record highs last week, when rates had reached Rs 500 per kilogram. Fresh shipments from Iran have helped ease the shortage and stabilize the local market, bringing prices down to around Rs 350 per kilogram, according to a report by Geo News.
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Aurangzeb Explains Why Multinational Companies Are Leaving Pakistan
24 October, 2025 0 14Finance Minister Muhammad Aurangzeb has addressed concerns over the recent departure of several multinational companies from Pakistan, explaining that while some global firms have exited, new investors—especially from the Middle East—are stepping in with growing interest in the country’s economy. Speaking in an interview with a private news channel, Aurangzeb said that the withdrawal of
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China and the United States to Hold Trade Talks in Malaysia in the Coming Days
24 October, 2025 0 13China has confirmed plans to hold the next round of trade negotiations with the United States in Malaysia, signaling a renewed attempt by the world’s two largest economies to ease tensions and prevent a further escalation of their ongoing trade dispute. According to Beijing’s commerce ministry, Vice Premier He Lifeng will lead a Chinese delegation to Malaysia from October 24 to 27 for in-depth
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Pakistan Unveils National Olive Plan 2030 to Boost Sustainable Olive Farming, Reduce Edible Oil Imports, and Enhance Rural Economy
23 October, 2025 0 15Pakistan is embarking on a significant agricultural transformation with the launch of the National Olive Plan 2030, a comprehensive strategy aimed at promoting sustainable olive farming throughout the country. This initiative, announced by the Minister for National Food Security, Rana Tanveer Hussain, reflects the government’s commitment to enhancing rural development, achieving economic
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Google’s Advertising Revenue Hits $237.86 Billion in 2023, Surpassing GDP of Greece and New Zealand
23 October, 2025 0 15In 2023, Google achieved a remarkable milestone by generating an astounding $237.86 billion in advertising revenue, a figure so substantial that it exceeds the gross domestic product (GDP) of entire nations like Greece and New Zealand. This impressive revenue stream underscores Google's dominant position in the global digital advertising landscape and highlights the massive economic
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Gold and Silver Prices Plunge: 6% Drop in Gold and Over 7% Decline in Silver Mark Sharpest Correction in Years Amid Inflation Hedge and Central Bank Demand
23 October, 2025 0 13Gold and silver prices have recently experienced a sharp decline, with gold dropping by 6% and silver falling over 7%, representing their steepest downturn in several years. Analysts describe this movement as a “technical correction” rather than a market crash, following a sustained rally fueled by inflation hedging and increased central bank demand.
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Thatta Cement Acquires 28% Stake in Pakistan Services Limited, Parent Company of Pearl Continental Hotels, for Rs. 6.45 Billion
23 October, 2025 0 23Thatta Cement Company Limited has acquired a 28 percent voting stake in Pakistan Services Limited, the parent company of Pearl Continental Hotels, for Rs. 6.45 billion. The transaction includes the purchase of 9.1 million shares at a rate of Rs. 710 per share, as disclosed in a notice submitted to the Pakistan Stock Exchange. This strategic investment marks a significant move by Thatta Cement
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Pakistan Posts Stronger-Than-Expected Economic Growth, Says IMF
21 October, 2025 0 19The International Monetary Fund (IMF) has upgraded its economic growth forecast for Pakistan and the Middle East and North Africa (MENA) region, projecting Pakistan’s growth at 3.2% in 2025, up from 2.1% in 2024, surpassing earlier estimates from April. This positive revision is driven by favorable global trends benefiting both oil exporters and importers. According to Jihad Azour, Director of
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Thatta Cement Subsidiary Partners with Belarus to Assemble Tractors Locally, Boosting Agriculture in Balochistan
21 October, 2025 0 15Thatta Cement Company Limited (THCCL) has revealed that its fully owned subsidiary, Minsk Work Tractor & Assembling (Private) Limited, has entered into an exclusive agreement with OJSC Minsk Tractor Works of Belarus to assemble and locally manufacture Belarus tractors in Balochistan. This strategic partnership is aimed at advancing agricultural mechanization in Pakistan while contributing to
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