Officials say measure was taken given consumer protection, broader economic stability The federal cabinet has approved the import of 500,000 tons of sugar to address supply-demand imbalances and stabilise prices in the domestic market, the Ministry of National Food Security and Research said on Tuesday. According to an official statement, the sugar will be imported…
Employers will be banned from using non-disclosure agreements (NDAs) to silence victims of workplace sexual misconduct or discrimination, the government has said. An amendment to the Employment Rights Bill, which is expected to become law later this year, will void any confidentiality agreements seeking to prevent workers from speaking about allegations of harassment or discrimination….
Jaguar Land Rover has said its sales have dropped by 15.1% over the three months to June, partly because of the threat of US tariffs. The Coventry-based car manufacturer, which also has sites in Solihull and at i54 near Wolverhampton, paused shipments to the US in April after President Trump’s administration introduced new tariff plans….
Women’s Financial Inclusion to Increase by 2028: SBP Governor of the State Bank of Pakistan (SBP) Jameel Ahmad has said that inflation in the fiscal year 2025 has fallen to its lowest level in nine years. He credited strict monetary and fiscal policies for bringing economic stability and overcoming recessionary pressures. Speaking at the launch…
In the open market, the dollar also rose by 25 paisas and is now being sold at Rs286.65 The value of the US dollar increased in the currency markets. According to dealers, the dollar gained 23 paisas in the interbank market, reaching Rs284.20. In the open market, the dollar also rose by 25 paisas and…
As Pakistan moves toward sustainable transportation, electric bikes are becoming a top choice for daily commuters. Among the rising stars in the EV market, Yadea electric bikes have gained immense popularity due to their affordability, sleek designs, and modern technology. With fuel prices touching new highs, many Pakistanis are now considering electric two-wheelers as a…
(Bloomberg) — Gold fell as traders sought to track shifts in US trade policy, with bullion edging lower as President Donald Trump signaled an additional 10% tariff would apply to countries aligned with the BRICS group of nations. Bullion lost as much as 0.9% to near $3,306 an ounce following the president’s threat, which gave…
A 90-day pause on Donald Trump’s sweeping tariffs plan is about to expire on Wednesday, which could upend US trading relationships with the rest of the world. But the uncertainty of the last few months has already forced several companies to rethink their supply lines in radical ways. When an Illinois toymaker heard that Trump…
Tan Yew Kong, who works at one of the world’s largest chipmakers, says his company is like a tailor’s shop – it customises chips to meet client’s needs. “We provide the fabric, we provide the cufflinks and everything. You tell us what you like, what design you like and we make it for you,” says…
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped – and then retreated – following Israeli and US attacks on Iran. The group, which pumps about half of the world’s oil, has been curtailing production since 2022 to…
