BusCaro raises $2m to tackle tricky mobility sector
Venture capital is starting to trickle back into Pakistan. In the latest round, Mobility startup BusCaro raised $2 million last week, bringing its total funding...
Category : Business
Agriculture: In the aftermath of the floods
Floodwaters are now heading for their ultimate destination: the Arabian Sea. The Indus River meets the sea in the coastal districts of Thatta and Sujawal...
The understated debt burden
Pakistan’s debt burden has become the defining constraint of its fiscal and economic future. According to data released by the State Bank of Pakistan (SBP),...
The cost of breathing air
Karachi is not a green city by any stretch of the imagination, unlike some of the other big cities. But even by our twisted standards,...
Massive taxes and the NFC conundrum
Pakistan has a fiscal problem, and the problem cannot be fixed by increasing tax rates. We have reached the point of the cycle where increasing...
Punjab ramps up steps to avert ‘wheat crisis’
• Price control secretary says geotagging, verification of wheat stock decided for proactive planning; defends inter-provincial curbs to ensure ample supply • Mills barred from...
President Zardari visits Kashgar free trade zone in China
KASHGAR: President Asif Ali Zardari on Saturday visited the Kashgar Free Trade Zone, the only facility of its kind in southern Xinjiang and an important...
Gwadar power crisis cripples daily life, port operations
GWADAR: Gwadar Port Authority (GPA) Chairman Noor ul Haq Baloch has said that the ongoing power crisis in the port city has disrupted daily life...
Pakistan poised to meet IMF targets
KARACHI: Pakistan is expected to meet all seven Quantitative Performance Criteria (QPC) set by the International Monetary Fund (IMF) ahead of the second semi-annual review...
Trade deficit with nine states soars 28pc
ISLAMABAD: Pakistan’s trade deficit with nine neighbouring countries increased by 27.94 per cent in the first two months of FY26, reaching $2.592 billion compared to...