The NHA raises the toll rate on the Lahore-Islamabad highway.

The National Highway Authority (NHA) has raised toll charges on the Lahore-Islamabad Motorway (M2). The new tariffs will be in place from August 25, 2023 until August 26, 2024, according to an official announcement. The following are the new rates: Category Toll Rate Per Kilometer (Rs.) Total Amount (Rs.) Car/Jeep/Pickup 3.07 1,100 Wagon 5.15 1,840 […]

Protests occur around the country in reaction to rising electricity prices.

ISLAMABAD – Protests are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar, over excessive electricity costs. People have taken to the streets in response to a huge increase in electricity rates across the country.In most of the country’s small and big cities, businessmen are protesting the high cost […]

The government permits abroad Pakistanis and tourists to use mobile phones for up to four months.

ISLAMABAD, (APP) – Prime Minister Muhammad Shahbaz Sharif today launched the Online Temporary Mobile Phone Registration system for abroad Pakistanis and foreign nationals, under which applicants would be allowed to use their phones for 120 days without paying customs taxes. The scheme would allow abroad Pakistanis and foreign nationalities to use their own phones when […]

The dollar’s trend shifts, and it loses another Rs5 on the open market.

KARACHI, Pakistan (Web Desk) — By midday on Wednesday, the US dollar had lost another five rupees versus the local currency and was available for Rs295, resulting in a net gain of Rs10 over the previous two days. On Tuesday, the rupee gained Rs5, closing the day at Rs300 on the open market. However, in […]

Shell Petroleum will sell its shareholding in Pakistan.

KARACHI ( Reuters/Web Desk )- Shell Pakistan Limited (SPL) said on Wednesday that its parent firm, Shell Petroleum firm, which controls 77% of the local organisation, will leave the country, without specifying how much stake would be disposed of. The action comes after the firm experienced huge losses in 2022 as a result of currency […]

Pakistan’s total debt tops Rs58tr amid high interest rate, rupee depreciation

KARACHI : The entire debt of the central government increased by 34.1% at the end of April, according to the State Bank of Pakistan (SBP), reaching Rs58.6 trillion on an annual basis. The trend is predictable given the government’s increasing reliance on borrowing in the face of a weakening currency and its failure to increase […]

Following a record high, the price of gold in Pakistan is slightly declining.

Thursday saw a decrease in the price of gold in Pakistan after Wednesday saw the largest one-day surge. The price of gold (24 carats) declined by Rs 2,700 per tola to Rs 237,300, according to statistics issued by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), while the price of 10 grammes decreased by Rs […]

Suzuki and Honda’s poor performance resulted in a 52% decline in car sales.

Due to Pakistan’s ongoing economic crisis, the automotive sector is still in a nightmare slide. According to the most recent statistics from the Pakistan Automotive Manufacturers Association (PAMA), automakers (association members only) sold just 4,463 vehicles in April 2023, a 52% month-over-month and 80% year-over-year reduction. With 1,948 vehicles sold, Toyota Indus Motor Company (IMC) […]

Dollar Horror: Country in Crisis As PKR Helplessly Drops Below 300, Making History [Updated]

As political unrest plagues markets, the Pakistani rupee plunged to its all-time low of 300 versus the US dollar during intraday trade today after dipping below 296 at 12:10 PM. The interbank rate lost Rs. 10 during the first few hours of intraday trade today, falling to Rs. 300.25 at 1:30 PM, down by 3.3 […]

Tensor G2 and Smart Features Come with the Launch of Google’s First Tablet

Google quickly changed its attention from continually discussing AI to showcasing some interesting new hardware during its annual I/O developer conference. After being teased last year, the Pixel Tablet has now made its long-awaited formal appearance. The 10.95-inch 2560 x 1600 LCD screen on the Pixel Tablet has a usual brightness of 500 nits. It […]