Senate Committee Banned export of Minerals$10 bn Worth of Minerals & Marbles Can Be Exported . FPCCI

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Karachi: Atif Ikram Sheikh, President FPCCI, has strongly opposed the proposed ban on raw minerals and marble as approved by Senate Standing Committee on Commerce; and, which includes both metallic and non-metallic minerals. This is contradictory to the vision of Special Investment Facilitation Council (SIFC), which has made mines and minerals as one of their only five focus areas, he…

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Pakistan’s largest biogas plant unveiled in Lahore

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Will generate 16,000 kilogrammes of organic fertilizer daily Chief Minister Punjab Mohsin Naqvi inaugurated the biggest biogas plant of Pakistan at Gujjar Colony in Lahore. CM launched the compressed biogas plant production by pushing a button. MohsinNaqvi after unveiling the plaque, put his signatures on the inaugural plaque and wrote down date as well. MohsinNaqvi also planted a sapling in…

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Pakistan’s Electoral Process: How National Elections Shape the Country’s Parliamentary Democracy

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Here’s an overview of how national elections work in the country:• Pakistan operates under a parliamentary system, where elections are held for seats in both the federal legislature, known as the National Assembly, and the provincial legislatures.• Approximately 128 million eligible Pakistani voters out of a population of 241 million have the opportunity to cast their ballots, provided they are…

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IMF briefed about tariff, circular debt plans

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ISLAMABAD: The caretaker government’s team on Monday formally interacted with the International Monetary Fund (IMF) through a video call to seek the latter’s support for tariff rationalization and circular debt reduction plans, well-informed sources told Business Recorder. Both plans have been developed by two teams dedicated by the caretaker Minister for Power and Petroleum, Muhammad Ali, who intends to get IMF…

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Oil/gas sector in limelight as KSE-100 gains over 850 points

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The Pakistan Stock Exchange (PSX) saw interest in the oil and gas sector as the benchmark KSE-100 index gained over 850 points during trading on Tuesday. At 2pm, the benchmark index was hovering at the 63,855.95 level, an increase of 853.04 points or 1.35%. Index-heavy stocks including OGDC and PPL were trading in the positive, amid reported developments on the…

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Pakistan Election 2024: Key stats, facts and all details here

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Pakistan is set to vote this Thursday but the upcoming elections are taking place in the shadows of terrorism, and oppression as the country of around 25 crores is polarised for quite some time. With rising terror attacks and the worst economy in decades, all leading political parties adopted desperate pitches ahead of the general election to lure voters who…

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