Category: Business

China

From Phones to Global Trade: Why China Is Betting Big on Its Digital Currency Revolution

China is intensifying efforts to expand the use of its digital currency, the digital yuan, as authorities seek to strengthen the country’s rapidly growing digital economy and modernize payment systems nationwide. The digital yuan, officially issued by China’s central bank, is a state-backed digital form of money that exists electronically rather than as physical cash. […]
Pakistan

Pakistan’s Hidden Economic Crisis Deepens as Circular Debt Explodes to Rs5.1 Trillion

Pakistan’s worsening economic troubles came under intense scrutiny during a meeting of the National Assembly’s Standing Committee on Finance, where officials revealed that the country’s combined circular debt in the electricity and gas sectors has surged to a staggering Rs5.1 trillion. The disclosure triggered serious concern among lawmakers, as the debt stock has jumped sharply […]
Pakistan

PSX Explodes Past 171,000 as Massive Rally Shocks Investors

Pakistan’s stock market opened the week with a dramatic surge on Monday as the Pakistan Stock Exchange (PSX) witnessed a powerful bullish rally, signaling renewed investor confidence amid improving global and regional economic sentiment. The benchmark KSE-100 Index jumped more than 3,600 points during early trading, climbing to 171,456 points as investors aggressively returned to […]
Coal

Coal Stays in Power Game as Solar Surges Across the Country, What’s Driving the Choice?

A sharp energy divide is emerging as solar power gains momentum across households and businesses, while the government continues to back coal-based power projects to meet rising electricity demand. In recent years, solar energy has seen a rapid surge in popularity. Falling installation costs, coupled with rising electricity bills, have pushed families, schools, offices, and […]
IMF

Pakistan Scores Major IMF Victory as India’s Objections Collapse During Crucial Board Meeting

Pakistan has secured a major diplomatic and economic breakthrough after the International Monetary Fund (IMF) executive board praised Islamabad’s reform programme and approved fresh financial support despite strong objections from India during a crucial board meeting earlier this month. According to officials familiar with the discussions, the IMF board described Pakistan’s recent economic performance under […]
Pakistan

IMF Pushes Pakistan Toward Painful Budget Moves as New Taxes, Fuel Levy Hike Emerge

ISLAMABAD: Pakistan and the International Monetary Fund have moved closer to a broad agreement on major fiscal and economic targets for the upcoming federal budget, with negotiations intensifying over new taxation measures, petroleum levy increases and provincial revenue commitments. The talks gained momentum after the IMF mission extended its stay in Islamabad by two days, […]
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