KARACHI: Commerce Minister Jam Kamal Khan said on Tuesday that the government is actively reviewing economic challenges and is making “all-out efforts” to bring down electricity tariffs for industries to boost competitiveness. Speaking at the inauguration of the 3rd International Food and Agriculture Exhibition at the Expo Centre, the minister highlighted several key trade facilitation measures. He noted that the long-standing demand of exporters had been met with the abolition of the 0.25pc export surcharge. Mr Kamal revealed that Pakistan is renegotiating multiple trade agreements, including the newly approved Free…
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1.4 Million More Jobless in Four Years as Unemployment Surges Across Pakistan
ISLAMABAD: Pakistan’s unemployed population has risen sharply by 31 per cent over the past four years — climbing from 4.5 million in 2020-21 to 5.9 million in 2024-25 — underscoring the growing stress on the country’s labour market. The data, released by Minister for Planning and Development Ahsan Iqbal, reveals that unemployment has increased across all age groups, regions, and genders. Youth joblessness saw a notable jump: the unemployment rate for individuals aged 15–24 increased from 11.1pc to 12.6pc, while the 15–29 bracket rose from 10.3pc to 11.5pc. Overall, the…
Read MoreOver Rs 710 Million in E-Challans Issued in Karachi Within One Month
Karachi: The Traffic Police have released detailed statistics on e-challans issued across the city over the past month, revealing that more than Rs 710 million in penalties were imposed for various traffic violations. According to the report, over 93,000 e-challans were issued during the month, with the highest number recorded for seatbelt and helmet violations. Key figures include: In terms of fines collected: The Karachi Traffic Police urged citizens to adhere to traffic regulations to help reduce accidents and ensure smoother traffic flow across the city.
Read MoreRES Strengthens Spanish Solar Footprint with First O&M Contract for Matrix Renewables
Albacete, Spain – 25 November 2025 – RES has signed its first major operations and maintenance (O&M) services agreement with Matrix Renewables, a global independent power producer backed by the TPG Rise investment fund. The milestone contract marks a significant expansion of RES’ solar services portfolio in Spain. Under the agreement, RES will manage more than 300 MW of photovoltaic capacity across five provinces—Jaén, Huelva, Seville, Badajoz, and Valladolid. This strengthens RES’ presence in Andalusia and Extremadura while reinforcing its leadership position in Castile and León, a region central to…
Read MorePakistan Navy successfully tests anti-Ship Ballistic Missile: ISPR
Pakistan Navy conducted a successful test flight of an indigenously developed ship launched Anti-Ship Ballistic Missile. The weapon system is capable of engaging sea as well as ground targets with high precision. The system is equipped with state of the art guidance and advanced maneuverability features. The flight test was witnessed by Admiral Naveed Ashraf, NI, NI (M), Chief of the Naval Staff, senior scientists and engineers. The successful flight test is a testimony to Pakistan’s technological prowess and Pakistan Navy’s unwavering commitment to safeguard national interests. President, Prime Minister…
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