The power sector needs a new road map The chief executive officer of K-Electric (KE) has stressed that privatization is the way forward to tackle the circular debt and the formulation of a clear long-term roadmap can accelerate the progress of the power sector. He stated this while addressing a panel discussion on the way forward for Pakistan’s power sector …

$3tr economy possible by 2047: Ahsan Iqbal Federal Planning and Reforms Minister Ahsan Iqbal stated on Tuesday that Pakistan aims to achieve a $3 trillion economy by 2047. He emphasized the need for increased public-private collaboration and a streamlined regulatory framework. “Pakistan is targeting a 9% growth rate to realize this goal,” he said, emphasizing the current favorable climate for …

Protests are planned for the fall in wheat prices Pakistan’s bumper wheat crop this year appears to be a nightmare for farmers as the market has collapsed and growers are forced to sell the staple crop well below the support price set by the government. As Punjab accounts for more than 75% of the total wheat harvest, farmers in the …

Foreign loans remained low at $9.5b Pakistan received less than $9.5 billion in foreign loans in the first eight months of the current fiscal year and is also having trouble securing new loans from its two biggest multilateral lenders. Overall disbursements from foreign creditors slowed during the July-February period of the current fiscal year despite Pakistan having the umbrella of …

Columbia University continues negotiations with student activists about dismantling the encampment Columbia University says it has extended negotiations with student activists over the demolition of a pro-Palestinian encampment that has caused turmoil on its campus, a spokeswoman for the school said. The statement was issued early Tuesday morning – just hours after Columbia’s president announced it had set a midnight …

The anti-union South began to crack For five decades, the southern United States has been an attractive location for foreign automakers to open factories thanks to cheap tax breaks and cheaper non-union labor. Now, the United Auto Workers have dealt a major blow to that model: winning a major union victory after decades of failing to unionize automakers in the …

Labor complaints reveal allegations Boeing retaliated against two workers A union representing Boeing engineers has alleged the planemaker retaliated against two employees who, at the time, were working on behalf of the Federal Aviation Administration (FAA) to provide manufacturing oversight. The allegations came to light in recent days after the Professional Engineering Employees in Aerospace Association (SPEEA) filed a complaint …

Congress just passed a potential ban on TikTok. Here’s what happened next Congress finalized legislation on Tuesday that could lead to a nationwide ban on TikTok, raising a major threat to the company’s US operations. The bill passed the Senate as part of a broad foreign aid package to support Israel and Ukraine. It was approved by the House on …

‘Taxi to space’: How this Indian startup wants to revolutionize satellite space travel India is one of the leading spacefaring countries in the world. It is the first Asian country to reach the orbit of Mars, and the fourth on the planet to take a spacecraft to the moon, landing closer to the south pole, famous for its cratered terrain, …

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