The 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

Thatta 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

A well-known coffee shop in Karachi is facing legal proceedings after being accused of copying the branding of a Thailand-based international café chain. A consumer court has issued a notice to the coffee shop, located in DHA Phase VIII, following a complaint that it unlawfully used the name, logo, and overall design of Mondo Espresso & Tea Bar, a café brand based in Phuket. The management

Gold has reached a historic milestone by becoming the first asset in the world to exceed a $30 trillion market capitalization, with its price soaring to a record high of over $4,357 per ounce. This unprecedented surge is widely attributed to increasing investor interest driven by persistent global economic uncertainty, rising inflationary pressures, and ongoing geopolitical tensions.

Tomato prices in Karachi have surged to unprecedented levels, with retail rates climbing as high as Rs560 per kilogram in several local markets. This steep hike has put a significant burden on household budgets, prompting many consumers to reduce their purchases to as little as 250 grams in an effort to manage daily expenses.

The Punjab government’s airline initiative, Air Punjab, has progressed to an advanced stage, with the working committee formally requesting Rs1 billion in funding from the provincial finance department. Designed to enhance regional connectivity and support domestic air travel, the project represents a significant development in the province’s transport infrastructure.

Pakistan has achieved a significant milestone in its energy sector with the discovery of new oil and gas reserves at the Mari Ghazij CFB-1 exploration well. Mari Energies Limited has confirmed that the site is projected to yield approximately 305 barrels of oil per day along with 3 million standard cubic feet of gas per day, enhancing the country’s domestic energy capacity.

Pakistan is experiencing a persistent rise in inflation, with the weekly inflation rate increasing for the third week in a row. Recent reports reveal that prices for 24 essential commodities have surged, impacting the daily expenses of ordinary citizens nationwide. Key staples such as potatoes, tomatoes, onions, eggs, ghee, and flour have seen notable price hikes, placing considerable financial

Pakistan has declined earlier proposals to raise taxes on fertilizers and agricultural pesticides, prompting the government and the International Monetary Fund (IMF) to explore alternative revenue measures targeting sectors like solar panels and internet services in case of fiscal shortfalls. These potential “emergency tax measures” are expected to be part of the IMF’s second review report,

A recent report by the U.S.-based research organization World Population Review reveals that India has emerged as the seventh most indebted country globally, with a total national debt reaching $3 trillion. This translates to approximately $504 in debt per Indian citizen. Despite significant economic progress, the country continues to allocate billions of dollars annually to interest payments,