ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully enforced its order by recovering a cumulative penalty of PKR 40 million from United Distributors Pakistan Limited (UDPL) and International Brands (Private) Limited (IBL) for entering into an anti-competitive non-compete agreement in violation of Section 4 of the Competition Act, 2010. The enforcement follows the upholding…
The well is producing 460 barrels of oil per day, showcasing advanced horizontal drilling and boosting domestic energy output Oil and Gas Development Company Limited (OGDC) on Tuesday announced the successful commencement of oil production from its development well Pasakhi-13, marking a historic milestone as Pakistan’s first successful horizontal oil well in a clastic reservoir…
Pakistan integrates NCERT platform with army and PTA to boost real-time cyber threat detection and national digital security coordination. Pakistan has operationalized a national threat intelligence integration and sharing system to strengthen cybersecurity defenses across critical infrastructure, according to documents accessed by Techjuice. The system is built on the Malware Information Sharing Platform and is…
Chinese renewable and EV stocks rally as Middle East conflict disrupts oil and gas supply, boosting global demand expectations for clean energy. Shares of Chinese battery makers and green energy firms have surged since the outbreak of war in the Middle East, as investors reposition portfolios toward renewable energy amid fears of prolonged fossil fuel…
Xiaomi posts first operating profit in its EV and AI segment as revenue surges over 223% in 2025, driven by strong vehicle deliveries and higher margins. Xiaomi reported its smart electric vehicle and AI business turned profitable for the first time in 2025, marking a key milestone as deliveries accelerated sharply during the year. The…
Gold prices in Pakistan surged sharply on Tuesday reflecting strong gains in international markets and currency-linked pricing. Gold prices in Pakistan rose significantly as the All Pakistan Sarafa Gems and Jewellers Association reported a sharp increase across all major categories. The price of 24-karat gold per tola climbed to Rs464,062, marking a substantial rise of…
US sanctions relief may shift China’s oil buying patterns amid rising prices and supply concerns.China’s largest state-controlled refiners are assessing whether to resume purchases of Iranian crude after the United States issued a one-month waiver permitting limited imports, sources familiar with the matter told Bloomberg on Monday. The move signals a potential shift in global…
U.S. agency warns Iranian hackers use Telegram-based malware to spy on dissidents, expanding covert surveillance tactics globally.The FBI has warned that Iranian state-linked hackers are exploiting Telegram to conduct sophisticated cyber espionage campaigns targeting dissidents, journalists, and opposition groups worldwide. The alert, issued on March 21, said attackers are using social engineering and malware disguised…
Gold prices in Pakistan plunged on Monday, with 24-karat gold falling Rs43,600 per tola to Rs447,762, according to data released by the All Pakistan Sarafa Gems and Jewellers Associations. The domestic bullion market recorded a steep decline across all major categories on March 23, reflecting a broad downward adjustment in line with international price movements…
Lahore : With petrol prices in Pakistan remaining above Rs320 per litre and the government sharply increasing the levy on high-octane fuel—pushing its price to around Rs535 per litre—the economics of driving sport utility vehicles (SUVs) is undergoing a significant shift. Industry experts say this change is rapidly tilting consumer preference toward plug-in hybrid electric…