Pakistan’s Power Division on Monday pushed back against reports of a sharp rise in circular debt, saying a Rs224 billion increase recorded from July to November 2025 was driven largely by seasonal factors that typically unwind before the end of the fiscal year — a reversal it said had already begun in December. In a…
Pakistan has completed its largest-ever capital markets debt transaction, settling Rs659.6 billion in power sector liabilities in a major push to curb the country’s chronic circular debt, Power Minister Sardar Awais Ahmed Khan Leghari said Wednesday. The settlement forms a central pillar of the government’s Rs1.225 trillion Circular Debt Reduction Plan and is aimed at…
OGDC cash flows rebound as Rs7–9bn TFC interest resumes after steps, easing circular debt; SOCAR team arrives Dec. 8, Turkish Petroleum signs five blocks, and Reko Diq targets $1.5–2bn annually.
MG unveils the affordable Binguo EV at Pakistan Auto Show 2025, offering a 333 km range, fast charging, modern features and strong value in Pakistan’s growing EV market.
KE’s board meeting collapsed within minutes as directors clashed over CEO Moonis Alvi’s removal, exposing deepening rifts and a growing power struggle at the utility.
Pakistan postponed the National Finance Commission (NFC) Award meeting again, now set for November 27, delaying talks on revenue-sharing between the federation and provinces.
Pakistan’s National Assembly passed the 27th Constitutional Amendment Bill reshaping the judiciary and military command, as PTI staged a walkout and Prime Minister Shehbaz hailed the reform.
The PML-N-led coalition passed the landmark 27th Constitutional Amendment in the Senate, creating a Federal Constitutional Court and redefining military command and judicial powers amid fierce opposition protests.
Pakistan to introduce cryptocurrency legislation soon, says Finance Minister Aurangzeb, as Islamabad establishes Virtual Asset Regulatory Authority to regulate digital assets and attract sustainable investment through fintech and climate finance reforms.
Drinking just one can of diet or sugary soda a day may raise the risk of deadly liver disease, new research warns, urging people to swap fizzy drinks for water.
Pakistan has launched a nationwide smart meter rollout to cut costs, curb billing errors, and improve customer service, with meter prices reduced 25%, saving Rs25 billion annually and boosting transparency across power companies.
In a major boost for market regulation, the Lahore High Court has upheld the CCP’s authority to probe Honda Atlas, paving the way to revive a long-delayed inquiry into Pakistan’s auto industry practices.
The FIA has booked ex-FBR chief Shabbar Zaidi over Rs16bn in alleged illegal tax refunds issued to major firms including HBL, Engro, SCB, MCB, DGKC and Maple Leaf.
NADRA has blocked the CNIC and passport of Imran Khan’s sister, Aleema Khan, after repeated court absences in a November 26 protest case.
Pakistan and Afghan Taliban resume peace talks in Istanbul after earlier collapse, with Turkiye mediating. Islamabad demands verifiable action against TTP terrorism as tensions escalate along the Pakistan-Afghanistan border.
NEPRA defended its Rs7.60 cut in K-Electric’s tariff as a unanimous, independent move to protect consumers, curb inefficiency costs, and end dollar-based profits, with the Power Division fully backing the decision.
Pakistan’s FIA now requires jobseekers traveling abroad to present an affidavit verified by a senior officer, aiming to curb rising cases of illegal migration to Europe.
The Earth’s ozone layer is healing faster than expected and could be fully restored by 2066, thanks to the global ban on ozone-depleting chemicals.
Pakistan has imported one million barrels of US crude oil for the first time, marking the largest-ever vessel to dock at a Pakistani port and signaling deepening trade and energy cooperation between Islamabad and Washington.
Gold prices bounced back in Pakistan after a record plunge, tracking global gains ahead of an expected U.S. Federal Reserve rate cut.
Pakistan will receive $250 million in Green Climate Fund support under an ADB-led “Glaciers to Farms” program to protect water, agriculture, and livelihoods in glacier-fed regions.
China’s envoy Jiang Zaidong said Beijing’s Five-Year Plans offer a model for Pakistan’s Uraan plan, fostering joint growth, reform, poverty reduction, and deeper bilateral cooperation.
Pakistan’s state gas firms have sought steep tariff hikes to cover a Rs77 billion shortfall, a move that could fuel inflation and raise energy costs.
Pakistan’s food sector faces a $1.17 billion debt crisis, exposing deep fiscal cracks and echoing power-sector woes as unpaid dues threaten food security and stability.
The State Bank held its policy rate at 11%, signaling confidence in a stable inflation outlook amid global risks and improving growth momentum.