Govt has not changed peak hours, clarifies Power Division
Power Division refutes reports of extended peak hours, says no change in electricity schedule
Pakistan Plans to Scrap Rs35 Monthly PTV Fee From Power Bills
Monthly Rs35 PTV fee to be dropped amid soaring electricity costs Pakistan’s federal government is poised to scrap the controversial Rs35 monthly fee for state-run Pakistan Television (PTV) from electricity…
Under Pressure, ‘The Nation’ Pulls Ahsan Iqbal Award Story After ICESCO Denial
Global organization denies existence of such award, calls media claims inaccurate ISLAMABAD: The Nation newspaper on Friday quietly pulled a news story about Federal Minister Ahsan Iqbal from its website,…
K-Electric Maps $2 Billion Investment Plan, Targets 30% Renewables by 2030
K-Electric Ltd., Pakistan’s only vertically integrated power utility, outlined an ambitious $2 billion investment roadmap through 2030 at a corporate briefing on Monday, leveraging a newly approved multi-year tariff to…
Pakistan Cuts LPG Prices 1.88% for June as Global Benchmark Falls
Pakistan slashed liquefied petroleum gas (LPG) prices by 1.88 per cent for June 2025, citing a drop in international rates, the Oil and Gas Regulatory Authority said Saturday. The government-revised…
NEPRA chief rebuffs power minister’s remarks on K-Electric: ‘We’ve given our decision, now it’s up to the minister’
ISLAMABAD — NEPRA Chairman Waseem Mukhtar on Thursday dismissed federal Power Minister Awais Leghari’s criticism of K-Electric’s tariff determination, stating bluntly during a public hearing, the decision is final, “We’ve…
Power Minister Slams KE Ruling, But Govt May Backtrack Amid Saudi Concerns
Pakistan’s Energy Minister has publicly criticized recent regulatory decisions on K-Electric’s licenses, warning of long-term risks to investment and subsidy frameworks—yet sources say the government may quietly reverse its stance…
Pakistan to Hike Taxes on Luxury Cars in Budget FY26
New budget targets auto elite, spares hybrids amid pressure from Tokyo Pakistan is set to impose steeper withholding taxes on a wide range of luxury vehicles in its upcoming 2025-26…
Pakistan Pushes PIA Bid Deadline to June 19
Pakistan has extended the deadline for submitting Expressions of Interest (EoIs) to acquire Pakistan International Airlines Corp. Ltd. (PIACL) by two weeks to June 19, 2025, as the government seeks…
Pakistani Businesses Fleeing to Dubai Amid Soaring Levies, FBR Confirms.
Senators warn of capital flight, urge reforms as penalties rise and enforcement tightens Pakistan’s top tax authority confirmed that a growing number of businesses are shifting operations to Dubai to…
PAEL Has Potential to Surge on U.S. Export Boom, Nigeria Expansion
Lahore firm’s global push lifts stock 67%, outpaces KSE-100 Pak Elektron Ltd (PSX: PAEL) is expanding its global reach with growing exports to the United States and the launch of…
Govt Moves to Resolve Refineries’ Tax Woes in Budget
Petroleum minister, PM back industry push to fix sales tax snag threatening refinery modernization The government has assured the refinery sector that their tax issues will be resolved in the…
Pakistan Courts American Investors With Stability Promises
Petroleum Minister Pledges Pro-Business PushFDI jumps in April as government woos American investors with promises of reforms Pakistan’s Petroleum Minister, Ali Pervaiz Malik, vowed to maintain a pro-business trajectory, signaling…
Turkey’s Energy Firm to Invest in Pakistan’s Oil and Gas Sector
Government awards 13 new blocks for exploration in Sindh and Balochistan ISLAMABAD — In a significant boost to foreign investment in Pakistan’s energy sector, the government has awarded oil and…
Pak Elektron Expands to Africa With Smart Meter Assembly Plant in Nigeria
Pak Elektron Limited (PEL), Pakistan’s leading power equipment and appliances manufacturer, is making its first major footprint in Africa by establishing a smart energy meter assembly plant in Nigeria, in…
Karachi Traders Reject KE’s Rs76bn Write-Off, Cry Foul Over ‘Bogus Bills’
NEPRA Orders KE Probe; Karachi Traders Say ‘No More Surcharges’ ISLAMABAD: Business leaders and industrialists in Karachi on Thursday launched a scathing attack on K-Electric (KE), vowing not to pay…
PIBTL Receives SIFC, PPRA Nod for $6B Reko Diq Exports
The Special Investment Facilitation Council (SIFC) and the Public Procurement Regulatory Authority (PPRA) have formally conveyed their decisions to Pakistan International Bulk Terminal Ltd., clearing the Karachi-based operator to handle…
Drone strike kills 10 civilians in Mardan’s Katlang area, sparks protest
A drone strike in the Shamozai area of Katlang, just 30 kilometers from the Punjab Regiment Center in Mardan, killed at least 10 civilians, including women and shepherds, triggering outrage…
Pakistan’s Honda Atlas Exports First Built-Up Cars to Japan
Honda Atlas Cars Pakistan has achieved a historic milestone by exporting its first-ever batch of completely built-up (CBU) units, with 40 Honda City 1.2L vehicles dispatched to Japan. The landmark…
Pakistan’s Imran Khan nominated for Nobel Peace Prize
Islamabad, Pakistan: Former Pakistani Prime Minister and Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan has been nominated for the Nobel Peace Prize, a Norwegian political group announced. The nomination was put…
Grok 3: The AI Companion That’s Starting to Feel Like a Friend
Imagine an AI buddy who’s smart and fun. That’s Grok 3, built by xAI. Launched on February 17, 2025, it helps humans explore and learn. Created by Elon Musk’s team,…
Micro Nuclear Reactors to Deliver 5MW Power for 100 Months
Micro nuclear reactors delivering 5MW for 100 months are set to revolutionize energy for data centers. Microsoft and Oracle explore nuclear options, with Westinghouse's eVinci reactor leading the innovation push.
New, More Contagious Covid Strain XEC Spreads Across Europe
Scientists have raised alarms about a new, highly contagious Covid-19 strain, XEC, which is now spreading across Europe. First detected in Germany in June, the XEC variant has since been…
PCB’s Rs16.386 Million Unauthorized Payouts, Including to Chairman Sethi
Unauthorized Payments Made to Shakil Ahmad Sheikh, Muhammad Haroon Rashid Dar, Najam Sethi, and Aizad Sayid The Pakistan Cricket Board (PCB) paid Rs 16.386 million in unauthorized meeting and daily…