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Author

Omar Faruq
Nestled amidst the breathtaking landscapes of northern Pakistan lies a hidden gem, the Babusar Pass, a gateway to scenic tourist destinations that have long captivated the hearts of adventurers and nature…
Petroleum Product Demand Surges by 4%
In August 2023, Pakistan experienced a significant upswing in the demand for petroleum products, witnessing a 4% increase, which brought the total to 1.41 million tonnes. This surge in demand can be attributed…
Pak Suzuki Declares Shutdown Amidst Economic Turmoil
A Month ago, Shahbaz-led PMD coalition government passed the baton to the interim premier. The incumbent caretakers were the only source of hope for inflation-stricken masses but economy continue to worsen…
Agriauto Industries Ltd Announces Partial Shutdown This Month
Pakistan’s ill-fated economic charts have ruined the hopes of stability in near future. Back-to-back not-well-thought economic decisions look unable to provide relief to the industry. Car companies in…
Locally Assembled Haval Jolion Launched
When country’s economy in conjunction with already struggling auto industry is in the mid of a whammy, the local market is abuzz with excitement as the new entrant Sazgar Engineering has officially rolled out…
Weather Compels Temporary Closure of Babusar Top
Nature often has its own plans, and on August 28th, Babusar Pass found itself blanketed under a surprising layer of heavy snowfall. This unexpected weather event has led authorities to exercise caution by…
Auto Financing Shrinks For 13th Consecutive Month
Diminishing car sales and dwindling production combined with burgeoning interest rates have marred auto financing. As per the reports, car financing marked a new low for the 13th time in July, observing a…
Lahore Traffic Plan for Asia Cup 2023 Matches
Lahore is abuzz with excitement as the city gears up to host three thrilling Asia Cup cricket matches. With cricket enthusiasts and teams arriving for the series, Lahore Traffic Police has come with a…
Pakistani Bike Brand to introduce 200cc Sport Bike
Super Star Motorcycles, a local motorcycle assembler located in the country, is gearing up to launch an introductory sports bike that boasts a street fighter-inspired appearance.
Named the Super Sports 200,…
Massive Hike Is Expected in Petrol Prices
When the already vulnerable masses are bearing the brunt of recent crude shocks observed in the last two weeks, the Kakar-led interim government is all set to increase petrol prices in the next fortnight's…
Traffic Accidents Decrease In Lahore
In recent years, road safety has become a paramount concern in Pakistan. With an aim to avert or reduce traffic accidents and be responsible on roads, Chief Traffic police officer (CTO) Mustansar Feroze…
PSO Annual Profit Plummets by 90%
The Pakistan State Oil (PSO), a government-owned enterprise, experienced a significant drop of nearly 90% in its combined net earnings, amounting to Rs9.82 billion for the fiscal year ending on June 30, 2023.…
Govt Earns Rs. 75 billion From Petrol Levy Last Month
In a recent development, the Government of Pakistan announced that it successfully collected a substantial amount of Rs. 75 billion from the Petrol Levy (PDL) in July 2023. This accomplishment, although in line…
Historic Car Price Surges Seen Under PDM Governance
Car price hike have been the norm in country’s auto industry but in a surprising twist of fate, PDM regime observed a record increase. In the past 16 months, vehicle assemblers have raised prices significantly…
Pakistan didn’t Import Any Diesel Last Month
The country's auto industry is not the only sector grappling with economic uncertainties; the oil industry in Pakistan, in a surprising twist of fate, is also feeling the heat. As per the tweet of economist…
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