The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has formally approached Prime Minister Muhammad Shehbaz Sharif, seeking an urgent meeting to present the industry's concerns and constructive proposals regarding the draft Auto & Auto Parts Policy 2026-2031. In its communication, Paapam acknowledged the prime minister's directive under which a high-level committee
Digital artists, content creators and influencers have called on the government to review the taxation regime applicable to their earnings, arguing that a more balanced tax framework could encourage digital entrepreneurship, attract foreign exchange and create opportunities for emerging talent. They said earnings from social-media platforms depend on several factors beyond views and subscriber
Pakistan has given an ambitious deadline of December next year to sell its nine power distribution companies that are annually bleeding Rs700 billion, but the International Monetary Fund (IMF) has questioned the model that does not completely stop haemorrhaging even after privatisation. The government has assured the IMF that it would sell these distribution companies by December 2027, except Q
Gold prices in Pakistan decreased on Saturday in line with their loss in the international market. In the local market, gold price per tola reached Rs436,336 after a loss of Rs4,300 during the day. Similarly, 10-gram gold was sold at 374,087 after it decreased by Rs3,687, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per t
LONDON/MOSCOW: OPEC+ agreed to keep oil production targets steady for November at a meeting on Sunday, the producer group said, in line with expectations that further output policy adjustments are unlikely until next year. Seven core members of the group comprising the Organization of the Petroleum Exporting Countries and allies including Russia made the decision for November in a brief online