Pakistan

KARACHI: Pakistan’s auto industry posted a strong rebound in FY25, with double- and triple-digit growth across most segments, signalling a revival in demand amid improved macroeconomic conditions. The only exception was the tractor segment, which recorded a sharp 36.4pc decline due to continued stress in the agricultural economy. According to data released by the Pakistan Automotive Manufacturers Association, car sales rose by 38pc to 112,203 units in FY25 from 81,579 units a year earlier. Light commercial vehicles, pickups, vans, and sport utility vehicles recorded a 61pc increase, with total sales rising to 35,820 units from 22,250. Truck sales more than doubled, jumping 103pc to 4,444 units compared to 2,187 in FY24, while bus sales grew 74pc to 788 units from 454. The two- and three-wheeler segments also showed improvement, with sales climbing 32pc to 1.518 million units from 1.150m units. However, tractor sales plunged to 29,192 units in FY25 from 45,911 units in FY24, reflecting subdued farm income and ...

• Awais proposes delay in payback to ease grid surplus • Claims Rs191bn saved in FY25 as power losses dip due to governance reforms • Govt eyes 6,000MW surplus supply for crypto, data centres ISLAMABAD: The Power Division is making another attempt to convince the federal cabinet to curtail returns on solar net metering and remove electricity duty on consumer bills being resisted by the provinces. Speaking at a news conference on Thursday, Power Minister Awais Leghari said he would be presenting a revised plan to the federal cabinet in a week or two based on consultations with some stakeholders to stagger the recovery of investment on net metering to two to three years from the current one and a half years. Mr Leghari also announced that the Power Division on Thursday moved a summary for cabinet approval to finalise rules for wheeling charges, a key step towards operationalising the competitive electricity trading market. He added that the government was exploring plans to offer 5,000-6,000MW of surplus electr...

Humaira Asghar's shocking death exposes a corroded showbiz

Animated film set for English-language release

Doll will carry glucose monitor, insulin pump

GAZA: Doctors at Gaza’s largest hospital say crippling fuel shortages have led them to put several premature babies in single incubators as they struggle to keep the newborns alive while Israel presses on with its military campaign. Overwhelmed medics say the dwindling fuel supplies threaten to plunge them into darkness and paralyse hospitals and clinics […]

KARACHI: A controversy has erupted in Karachi as a restaurant management allegedly denied entry to a man wearing shalwar qameez, ARY News reported. Abdul Latif, a lawyer, claimed that he was refused service at a private restaurant in a posh area on May 18. Aggrieved with the incident, the man approached the Consumer Court and […]

‘Superman’ director James Gunn has revealed his love for Takashi Yamazaki’s Oscar-winning ‘Godzilla Minus One.’ To Read Lifestyle Stories in Urdu- Click Here During an interview to promote the film for Japanese fans, Gunn was joined by Yamazaki. The DC Studios chief took fans by surprise with his revelations about the film, which made history […]

KARACHI: A private airline has come under scrutiny after a passenger bound for Karachi from Lahore was mistakenly flown to Jeddah without passport and visa, ARY News reported. The Pakistan Airport Authority has taken notice of the incident, with the Lahore Airport Management holding the private airline responsible. The manager said that the passenger’s arrival […]

KARACHI: The brother of Pakistani actress Humaira Asghar claimed her body and departed for Lahore on Thursday for her final rites, ARY News reported, citing rescue officials. According to officials, Naveed Asghar, brother of the deceased actress, took the body in an ambulance to Lahore. Talking to the media following his arrival, Asghar refuted the […]

Uplift budget surges to record on back of external loans, AGPR fund releases

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SBP holdings climb to 39-month high at $14.5b, covering 2.71 months of imports

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Govt succeeds in curtailing power theft through focused reforms

Earnings likely dip in 2QCY25 despite deposit surge to Rs35 trillion

FY25 car sales jump 43% to 148k units; June volumes hit three-year high

Businessmen slam unjustified taxes, term proposed Punjab Labour Policy hostile

Investors rejoice highest-ever annual home remittances of $38b

Aurangzeb urges focus on tackling challenges to achieve sustainable growth