The Engineering Development Board (EDB), an apex government body under the Ministry of Industries & Production in Pakistan, has issued two separate notifications for adopting motor vehicles safety, quality, and environmental standards for imported and locally-manufactured/assembled vehicles. The development comes as the Ministry of Commerce (MoC) issued on Tuesday a statutory regulatory order (
Floods finally take their toll on prices of essential commodities, as inflation benchmark Consumer Price Index (CPI) increased by 5.6 percent on a year-on-year basis in September 2025, as compared to 3.0 percent in the previous month. According to figures released by the Pakistan Bureau of Statistics on a month-on-month basis, CPI increased by 2.0 percent in September 2025 as compared to a decr
Oil prices rose on Thursday after losses in previous three sessions due to market oversupply concerns, as the potential for tighter sanctions on Russian crude lent some support. Brent crude futures gained 37 cents, or 0.57%, to $65.72 a barrel by 0401 GMT. U.S. West Texas Intermediate crude climbed by 34 cents, or 0.55%, to $62.12 a barrel. Some analysts attributed the increases to a technic
In a major corporate development, Gillette Pakistan Limited announced that its parent company, Procter & Gamble (P&G), will discontinue its business operations in Pakistan as part of a global restructuring plan. The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday. “The Gillette Company LLC has conveyed to Gillette Pakistan Limited, incl
Karamat Ali’s cows and buffalos once provided his multi-generational family with milk. But earlier this year, the 61-year-old sold about a dozen bovine - and spent the proceeds on a set of solar panels. The rice farmer in Pakistan’s Punjab province now uses his panels to power a tube well, which is composed of a water well and a motorised groundwater pump. The device allows Ali to irrigate h