Pakistan Moves Toward Waste-to-Energy Policy With New National Task Force
The government of Pakistan has taken a major step toward sustainable energy development by forming a high-level task force to draft the country’s first national policy on…
KARACHI MAGAZINE ARCHIVE
Pakistan economy
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Early Market Closures Trigger Rs. 20 Billion Revenue Setback for FBR
Pakistan’s tax collection efforts are facing renewed strain as early market shutdowns begin to weigh heavily on national revenue. Officials have warned that reduced business hours, driven…
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Engro Fertilizers Limited Posts 14% Profit Growth in Q1 2026 Despite Weak Urea Sales
Engro Fertilizers Limited (EFERT) has reported a solid financial performance for the first quarter of 2026, posting a net profit of Rs. 3.3 billion. This marks a…
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Karachi Airport Set for Major Expansion with Rs. 100 Billion Upgrade Plan
In a major step toward modernizing aviation infrastructure, the Pakistan Airports Authority has unveiled an ambitious expansion plan for Jinnah International Airport. The project, valued at Rs.…
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Sindh Launches Fuel Subsidy for Public Transport to Keep Fares in Check
The Government of Sindh has introduced a targeted fuel subsidy program aimed at stabilizing public transport fares and easing financial pressure on commuters. The initiative was confirmed…
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Karachi Port Cargo Surge Signals Strategic Shift in Global Trade Routes
Pakistan’s maritime sector is witnessing an unprecedented surge as cargo activity at its major ports rises sharply amid ongoing global shipping disruptions. The redirection of trade flows,…
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Pakistan Among Top 10 Countries Facing Sharp Petrol Price Surge After Gulf Conflict
Pakistan has ranked among the top 10 countries experiencing the highest increase in petrol prices following the escalation of tensions involving the United States, Israel, and Iran.…
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New Currency Notes Will Not Be Available This Eid, SBP Confirms
The State Bank of Pakistan has clarified that newly designed currency notes will not be available in the market by the upcoming Eid, ending speculation about their…
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Pakistani Rupee Gains for 88th Straight Day Against US Dollar
The Pakistani rupee (PKR) continued its winning streak against the US Dollar (USD), closing in green for the 88th consecutive day on Tuesday. During today’s trading session,…
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Sindh Cabinet Approves Rs2.9 Billion to Boost Economic Zones, Infrastructure
The Sindh government has taken a major step toward strengthening industrial growth by approving Rs2.9 billion for the promotion of economic zones across the province. The decision…