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Introduction: The Pakistani rupee continues to face challenges in the currency markets, despite several positive developments in recent days. While the currency saw a partial recovery in the open market, it failed to strengthen in the interbank market, highlighting the need for long-term measures to stabilize its value. Financial experts are urging the government to focus on resuming the International …

Introduction: The Oil and Gas Regulatory Authority (Ogra) in Pakistan is pushing for stricter penalties against the unauthorized storage and handling of petroleum products. Recognizing the potential risks posed by this illegal practice, Ogra has proposed amendments to the Pakistan Penal Code. The proposed changes aim to ensure the safety of human lives and protect property from potential hazards. With …

Introduction: In a significant development, the government of Pakistan has taken steps to hand over its Karachi port terminals to the United Arab Emirates (UAE). The government anticipates that this move, which aims to raise emergency funds, will be the first intergovernmental transaction under a law enacted last year. The negotiations have gained momentum, and the government expects to finalize …