Author Archives: Imad Khan

Report issued on Saturday by the Federal Board of Revenue (FBR), mobile phones worth $7.19 million have been brought into Pakistan illegally without the use of Letters of Credit (LCs) or banking channels. The State Bank of Pakistan (SBP) had unexpectedly banned the import of mobile phones and their accessories between December 2022 and February, [...]

Prime Minister Shehbaz Sharif called an emergency cabinet meeting on Sunday in order to address the current political and constitutional crisis in Pakistan. The Prime Minister will participate via video link from Lahore at the 2 o'clock meeting. Federal Minister of Law Nazir Tarar, PM's aides Attaullah Tarar and Malik Ahmed Khan, and other significant [...]

Prime Minister Shahbaz is presiding over the National Security Committee (NSC) meeting at the moment. Senior civil and military leadership attends the NSC, which serves as the main decision-making body for issues of national security. After a brief break, the two-hour meeting was resumed to talk about urgent security concerns and heightened political tensions between [...]

The company claims that these new prices will come into effect from April 7, 2023, making it the third bike price hike in just four months. The new prices are as follows The Suzuki GD 110S, previously priced at Rs. 290,000, will now cost Rs. 322,000, following a price hike of Rs. 32,000. The Suzuki [...]

The International Monetary Fund (IMF) confirmed Saudi Arabia's confirmation of $2 billion in additional deposits, which reignited Pakistan's negotiations with the IMF for the release of $1.1 billion from a $6.5 billion bailout package agreed in 2019. Due to promises of additional funding from friendly countries, the agreement has been delayed. To release the funds, [...]

Azam Nazir Tarar, the Federal Law Minister, declared that the government is currently obtaining legal counsel in response to the Supreme Court's suo motu notice and its ruling in the polls delay case. The ruling coalition is adopting a hardline stance and plans to introduce a resolution opposing the ruling in the National Assembly, despite [...]

This follows the C1, Pakistan's first locally built electric scooter, which was a commercial success due to its affordability and environmental friendliness in the face of rising fuel prices and inflation. The Graphene battery pack in the C1 Pro extends range by improving conductivity and enabling quicker charging and discharging cycles. Specs & Features In [...]

The company hasn't given a justification for the price increase, but recent import restrictions, Letters of Credit (LCs) shortages, and raw material shortages have forced it to prolong the shutdown of its car and motorcycle plants. The notification states that all Suzuki cars have had their prices increased. FED, sales tax, and advance income tax [...]

It has been announced by the Election Commission of Pakistan (ECP) that the Punjab Provincial Assembly elections have been rescheduled following the Supreme Court's decision to reject the delay. The ECP announced the election stages on Wednesday, with voting set for May 14 and an April 10 appeals deadline for the Returning Officer's decision on [...]

An important milestone in the nation's automotive industry was reached on Monday when Turkey's President Recep Tayyip Erdogan was presented with the keys to the nation's first-ever domestically produced electric vehicle. At a special ceremony held at the Presidential Complex in Ankara, the eagerly anticipated Togg EV model T10X, a fully electric C-segment SUV, was [...]

Nawaz Sharif, a former prime minister and prominent member of the PML-N, has harshly criticised the Supreme Court of Pakistan's most recent decision in the Punjab poll delay case. Sharif has urged the Supreme Judicial Council to receive a reference against the three judges of Pakistan's top court, including the Chief Justice (SJC). In a [...]

In order to resolve the constitutional crisis the nation is currently experiencing, Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari demanded the creation of a full court and the removal of "two judges" from the bench in the case of the postponement of the Punjab and Khyber-Pakhtunkhwa elections. Speaking to a crowd in Larkana to mark [...]

The decline is attributed to last year's monsoon's flash floods and heavy rains, which devastated a sizable amount of agricultural land, particularly in Sindh and Balochistan provinces. Due to the lower production, Pakistan's textile industry will need to import roughly 10 million bales in order to meet its 15 million bale annual demand. The mill [...]

The announcement comes as Prime Minister Shehbaz Sharif disclosed that the outstanding dues of Chinese power plants have soared to Rs 450 billion. The subsidy has been approved by the Ministry of Finance to resolve the claims of K-Electric (KE) and Azad Jammu and Kashmir. According to government sources, this Rs103 billion unbudgeted subsidy is [...]

A special anti-terrorism court (ATC) has granted interim bail in three cases to Imran Khan, the former prime minister of Pakistan and current leader of the Pakistan Tehreek-e-Insaf (PTI). Prior to that, the court released him on bail until April 4 and commanded the police not to detain him. Following petitions for bail in three [...]

Judge Qazi Faez Isa of the Supreme Court has written to the establishment division requesting the immediate dismissal of Ishrat Ali, the chief justice's registrar, for issuing a circular that disobeyed his ruling regarding suo motu proceedings. Chief Justice of Pakistan Umar Ata Bandial responded to the Supreme Court Registrar's circular by stating that the [...]