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Introduction: Pakistan’s imports of various food commodities witnessed a mixed performance in the fiscal year that ended on June 30, 2023. While tea imports experienced a decline of 9.13 percent, sugar and spice imports recorded significant decreases of 97.06 percent and 30.04 percent, respectively. The overall food group imports showed a marginal drop of 0.88 percent. On the export front, …

Introduction: Defence Minister Khawaja Asif has refuted media reports that the government is considering Finance Minister Ishaq Dar as the caretaker prime minister. Speaking to reporters outside the Parliament House, Asif dismissed the news, stating that it was leaked by a credible journalist but lacks any truth. Clarifying the situation, Asif emphasized that no work has commenced on the matter, …

The construction industry in Pakistan, a vital contributor to the country’s economy, is currently facing a significant hurdle as the price of steel, its primary raw material, reaches a record-breaking high. Leading steel rebars producers recently announced a substantial increase of Rs5,000 per metric ton, citing a scarcity of raw materials and a significant surge in the basic power tariff …