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Pakistan has taken a significant leap in climate action by launching Climaventures, a pioneering $50 million initiative aimed at addressing the urgent need for climate resilience. Unveiled in Islamabad, Climaventures is spearheaded by the National Rural Support Programme (NRSP), with a notable $25 million contribution from the Green Climate Fund (GCF). This initiative is specifically designed to bridge critical funding …

The Pakistan Stock Exchange (PSX) continued its impressive rally, closing the week on a high note as the KSE-100 index surged by 619 points, reaching a record 93,140.26 during intra-day trading. This historic rise comes amid positive economic forecasts, increased foreign investment, and a strong performance across various sectors. Record-Setting Day for the KSE-100 Index Starting the day on a …

The Utility Stores Corporation (USC) has announced a significant reduction in sugar prices across Pakistan, lowering the price by Rs13 per kilogram. This adjustment brings the cost of sugar at Utility Stores down from Rs153 to Rs140 per kilogram, providing immediate relief to consumers. The reduction follows a rebate from sugar mill owners, who agreed to lower the price by …