The longest and heaviest freight train ever introduced by Pakistan Railways represents a major advancement in the nation’s transportation system. Featuring 50 bogies and an amazing 25,000 feet in length, this freight train creates a new standard in the history of rail freight in the country. The train’s enormous size—it can hold 94 22-wheeler trucks—highlights […]
The potential partnership could help the two develop economies of scale in producing EVs as Japan’s automakers face heavy competition from China’s BYD, Tesla, and others. Nissan was a pioneer in electric vehicles (EVs) with its all-electric Leaf model but has struggled alongside other legacy automakers in the face of increasing competition from nimbler new […]
Gold Rate in Pakistan today on 15 March 2024 is being sold for Rs. 193300 per 10 grams, and the price of Gold is RS. 225500 per tola in Pakistan today. Gold Rate In Pakistan Today Karachi is the central hub of the gold market, in Pakistan, Karachi is leading for the gold price; every city follows […]
The interest was expressed by a French delegation headed by its Deputy Head of Mission Guillaume Dabouis during a meeting with Minister of Energy Dr. Musadik Masood Malik in Islamabad. The French officials expressed keen interest in investing in various aspects of Pakistan’s energy landscape, ranging from LNG cargo provision to energy resource exploration and […]
According to the data released by the SBP, total liquid foreign reserves held by the country stood at $13.15 billion. Net foreign reserves held by commercial banks stood at $5.24 billion. The central bank did not specify a reason for the increase in the reserves. During the week ended on 08-Mar-2024, SBP’s reserves increased by […]
Reopening talks on the National Finance Commission (NFC) award, the International Monetary Fund (IMF) urged Pakistan on Thursday in an effort to resolve the continuous disparity in the allocation of fiscal resources between the federal and provincial governments. Nathan Porter, the IMF Mission Chief to Pakistan, expressed concerns about the allocation of resources and duties […]
The Pakistani automaker Indus Motor Company, which is well-known for building Toyota vehicles, has revealed a large price cut for their array of Yaris sedans. The savings on a variety of models vary from Rs73,000 to Rs133,000. For example, the price of the 1.3 MT LO, 1.3 CVT LO, and 1.3 MT Hi versions has […]
China is currently leading the way in global sustainable development as a producer and investor in green technology and finance. Its development model always emphasizes shared growth, which, if we fully participate in, could benefit not only Pakistan but the entire South Asian region. The Sustainable Development Policy Institute’s (SDPI) deputy executive director, Dr. Sajid […]
The movement in petroleum product prices has shown a mixed trend where the price of petrol has increased whereas rates of other products have gone down. Estimates of oil marketing companies, based on current tax rates, reveal slight changes in prices of all four petroleum products due to a high premium on petrol and an […]
Despite having a strong mechanism in place to prevent misprinting, Pakistan central bank has not ruled out the possibility of having issued misprinted banknotes worth Rs. 1,000 to commercial banks, which then reached citizens and entered the national currency. A State Bank of Pakistan (SBP) representative on Wednesday that commercial banks and private customers who […]
