China Escalates Trade War with U.S. by Targeting Tech Giants
A New Battlefield in the Trade War For years, the trade war between the U.S. and China has escalated, with tariffs and economic sanctions as primary weapons. Now, China is…
28 Billion Liters of Milk in Pakistan Fail to Meet International Safety Standards
Majority of Pakistan’s Milk Production Does Not Meet International Quality Criteria Barrister Nabeel Ahmad Awan, Chairman of the Planning and Development (P&D) Board, chaired a meeting on Friday to discuss…
Petrol and Diesel Prices Expected to Drop Again as International Oil Prices Decline
Petrol and diesel prices are anticipated to decrease next week due to a drop in international oil prices. The federal government is likely to reduce the prices of MS petrol…
Government to Close Utility Stores Corporation
The federal government has decided to shut down the Utility Stores Corporation (USC) as part of its effort to exit non-essential business operations. This decision was confirmed by the Secretary…
Government Considering Sales Tax on Petrol
The federal government is considering imposing a sales tax on petroleum products to generate additional tax revenue amounting to billions of rupees from consumers. Sources informed NetMag that senior members…
Karachi Milk Production Plummets by 40%
Milk retailers in Karachi have reported a substantial 40% decrease in milk production, attributing it to the recent severe heatwave, which has caused significant livestock deaths. This decline has created…
Government of Pakistan Announces Historic Package for Azad Kashmir
The government of Pakistan has announced a historic relief package for Azad Kashmir, accepting popular demands by issuing notifications to reduce electricity and flour prices. An over 23 billion rupee…
Slight Dip in Gold Prices Observed in Pakistan
Gold prices in Pakistan experienced a modest rise on Saturday, contrasting with a global decrease in prices. Data from the All Pakistan Gems and Jewellers Association revealed that the price…
Gold Prices Hold Steady in Pakistan
Gold prices in the domestic market of Pakistan held steady on Thursday, with 24-karat gold trading at Rs239,200 per tola. Data provided by the All Pakistan Gems and Jewellers Association…
Government Imports Wheat Valued at Rs. 7 Billion in April.
The federal government is set to continue its wheat imports, with procurement from the international market proceeding smoothly into its second month in office, according to sources familiar with the…
