NEPRA stands firm, calls K-Electric tariff slash ‘collective wisdom’
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.
FIA Tightens Travel Rules to Curb Illegal Migration to Europe
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.
Earth’s Ozone Layer on Track for Full Recovery by 2066, WMO Reports
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 Receives First-Ever Shipment of US Crude Oil
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 Rebound Rs3,500 After Sharp Fall in Pakistan
Gold prices bounced back in Pakistan after a record plunge, tracking global gains ahead of an expected U.S. Federal Reserve rate cut.
Pakistan to Receive $250 Million in Climate Funds to Protect Glacier-Fed Farms
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 Five-Year Model Inspires Pakistan’s ‘Uraan’ Plan, Says Envoy
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 Gas Utilities Seek Steep Tariff Hikes to Plug Rs77b Shortfall
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 Drowns in $1.17 Billion Debt Crisis
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.
SBP holds policy rate at 11%, signals steady hand on inflation
The State Bank held its policy rate at 11%, signaling confidence in a stable inflation outlook amid global risks and improving growth momentum.
