Ending oil dependency cycle

With widespread damage to energy infrastructure in the Middle East, it is unclear how long global oil and gas markets will take to stabilise. What is already evident, however, is that the world will not return to the old normal, particularly for countries heavily dependent on energy imports from the region. The search for alternatives…

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Lessons from America’s AI policy

Pakistan treats AI largely as a software and skills initiative on grounds of energy crisis and lack of HPC centres ISLAMABAD: In March 2026, the White House published a new policy framework for Artificial Intelligence (AI), comprising a set of legislative recommendations for the US Congress. It reflects the current administration’s philosophy that AI regulation…

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Financialisation of business firm

Goal of these companies is maximising shareholder value via dividend disbursement View of business offices and under construction residential apartments in Karachi, Pakistan September 23, 2025 Photo: Reuters LAHORE: A business firm is said to be financialised when it involves in financial activities. In other words, a business firm permanently expands its financial activities. This…

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‘Upgraded’ Safari train chugs off from Pindi

Minister to upgrade passenger train booking, fully digitize freight booking to boost efficiency and cut interference. PHOTO: FILE RAWALPINDI: Federal Minister for Railways Hanif Abbasi on Sunday inaugurated the upgraded Safari Tourist Train from Rawalpindi to the historic destination of Attock Khurd while outlining a series of measures aimed at reviving Pakistan Railways. The inauguration…

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Road accidents: a massive economic challenge

Over 90% of freight, 95% of passenger traffic moves by road; accidents are dangerous and unaffordable KARACHI: Road accidents in Pakistan have become a persistent national tragedy – one that unfolds daily on our highways, city streets and rural roads. Beyond the heartbreaking loss of life, these accidents impose a massive and often overlooked economic…

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