Karachi Matters Editor
- Pakistan
- December 12, 2024
- 106 views
Power Companies’ Poor Performance Leads to 281 Billion Rupee Loss: NEPRA Report
NEPRA’s 2023-24 performance report reveals that poor management by power companies resulted in a loss of 281 billion rupees. Despite high demand, cheap power plants were not utilized, and all…
- Pakistan
- December 11, 2024
- 145 views
Pakistan’s Vehicle Market Surges: Car Sales Up 51%, Bike Sales Rise 26%
Car sales from July to November surged by 51%, reaching over 50,000 units compared to 33,000 last year. Bike sales also rose by 26%, totaling 578,000 units. Meanwhile, tractor sales…
- Pakistan
- December 11, 2024
- 152 views
Government Approves Revised Settlement Agreements with 8 More IPPs
The federal cabinet has approved revised agreements with 8 independent power producers (IPPs), leading to a reduction in electricity tariffs and saving Rs. 238 billion for the national treasury. This…
- Pakistan
- December 10, 2024
- 153 views
Lieutenant General (Retd) Faiz Hameed Formally Charged in Field General Court Martial
Lieutenant General (Retd) Faiz Hameed, the former head of ISI, has been formally charged in the Field General Court Martial. The charges include involvement in political activities, violations of the…
- Pakistan
- December 9, 2024
- 157 views
Hafiz Naeem-ur-Rehman Announces Distribution of 10,000 Laptops for Karachi Students Through Ban-o-Qabil IT Courses
Hafiz Naeem-ur-Rehman, Ameer of Jamaat-e-Islami Pakistan, has announced the distribution of 10,000 laptops to students who successfully complete the Ban-o-Qabil IT courses. Speaking to thousands of candidates in Gulshan-e-Iqbal, he…
- Pakistan
- December 4, 2024
- 173 views
Punjab Distributes 30,000 Scholarships Under Hunhar Program, Laptop Scheme to Launch in January
Maryam Nawaz led the scholarship distribution ceremony in Lahore, benefiting 12,000 boys and 18,000 girls, including students from top institutions like GIK and FAST. She emphasized merit-based awards, announced a…
- Pakistan
- December 3, 2024
- 158 views
Pakistan Stock Exchange Continues Bullish Trend; 100 Index Surpasses 104,000 Points
The Pakistan Stock Exchange remains in a bullish phase, with the 100 Index gaining 603 points at the start of trading. The market continued its upward trajectory, closing with a…
- Pakistan
- December 3, 2024
- 163 views
Rawalpindi to Launch 102 Electric Buses for Improved Public Transport
In a bid to enhance public transport, Rawalpindi is set to introduce 102 electric buses. The project, expected to be completed by November 2025, will include 10 dedicated routes and…
- Pakistan
- December 2, 2024
- 162 views
Pakistan’s Inflation Hits 6.5-Year Low, Drops to 4.9% in November, Reports Statistics Bureau
Pakistan’s inflation has dropped to 4.9% in November, reaching its lowest level in 6.5 years, according to the Statistics Bureau. This marks a significant decline from the previous month’s 7.2%…
- Pakistan
- December 2, 2024
- 155 views
Freelancers Association Chairman Highlights Impact of Internet Disruptions on 2.3 Million Workers in Pakistan
The Chairman of the Freelancers Association has raised concerns over the impact of internet disruptions on Pakistan’s 2.3 million freelancers, including cab drivers and delivery workers. He emphasized that even…
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