Pakistan’s stock market faced a dramatic downturn as intense selling pressure gripped the trading floor.…
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Government Ends Free Electricity Units for Power Sector Employees in Landmark Reform
In a significant policy shift, Pakistan’s Power Minister Awais Leghari has announced the abolition of free electricity units previously granted to power sector employees. The decision, described as a major reform, follows approval from the Lahore High Court and marks a turning point in the country’s energy governance. The minister shared the development on social […]
Power Minister Announces Gradual Relief in Loadshedding Amid Ongoing 4,000MW Shortfall
Federal Minister for Power Awais Ahmad Khan Leghari has announced that electricity loadshedding will begin to ease from tonight, offering partial relief to consumers across the country. The statement comes despite Pakistan continuing to face a significant power shortfall of nearly 4,000 megawatts. The minister expressed regret over the inconvenience caused by prolonged power outages […]
OGDC Achieves Record-Breaking Oil and Gas Output from Baragzai X-01 Well
Oil and Gas Development Company Limited has marked a historic milestone by commencing production from the Baragzai X-01 (Slant) well in the Nashpa Block, located in the Kohat district of Khyber Pakhtunkhwa. The development is being described as the highest-ever oil and gas production from a single well in Pakistan. The inauguration ceremony took place […]
Finance Minister Pushes Cashless Economy Vision in Key Mastercard Meeting
Muhammad Aurangzeb advanced Pakistan’s push toward a cashless economy during a high-level meeting with Tucker Foote, Chief Government Affairs Officer at Mastercard. The discussion took place in Washington, D.C. on the sidelines of the World Bank IMF Spring Meetings 2026. The meeting centered on accelerating digital payments and expanding financial inclusion across Pakistan. Both sides […]
US-Iran Talks Spark Fresh Momentum for Pakistan-Iran Gas Pipeline Revival
Renewed diplomatic engagement between the United States and Iran has raised cautious optimism about the revival of the long-delayed Iran-Pakistan Gas Pipeline. The development comes as reports indicate that talks between Washington and Tehran have begun in Islamabad, potentially reshaping regional energy dynamics. The pipeline project, first signed in 2009 during the tenure of the […]
Raja Bazaar Uplift Project Enters Final Phase Ahead of June Inauguration
The uplift and beautification project at Raja Bazaar is steadily progressing, with authorities confirming that around 60 percent of the work has been completed. The initiative, led by the Rawalpindi Municipal Corporation, aims to modernize one of the city’s busiest commercial hubs. The project also covers improvements in the nearby Commercial Market area, focusing on […]
PM, Army Chief Hold Talks Ahead of US-Iran Islamabad Negotiations
Shehbaz Sharif and Asim Munir held a high-level meeting on Thursday, focusing on the evolving regional situation and upcoming diplomatic engagements linked to US-Iran talks expected in Islamabad. During the meeting, both leaders welcomed the recent reduction in regional tensions and emphasized the importance of restraint by all parties. They urged stakeholders to strictly adhere […]
Fuel Relief for Pakistan as Petrol Tanker Arrives at Port Qasim After Ceasefire
In a key development for the country’s energy supply, a major petrol shipment has reached Port Qasim, offering potential relief amid fluctuating global oil markets. The arrival comes shortly after a ceasefire linked to tensions involving Iran, which had significantly impacted international oil prices. The tanker, identified as Corallo One, is carrying approximately 37,085 tonnes […]
Karachi Kings Captain David Warner Charged With Drunk Driving in Sydney
David Warner, captain of the Karachi Kings, has been charged with drink driving in Sydney after reportedly being caught above the legal alcohol limit during a roadside operation. According to Australian media, the incident occurred Sunday evening in Maroubra, where police were conducting stationary random breath testing. Authorities stated that Warner had allegedly stopped and […]
Pakistan Expands Hajj 2026 Flight Operations with New Lahore Route
Pakistan is set to enhance its pilgrimage travel operations for 2026 by introducing a new flight route from Lahore to Saudi Arabia. The move is aimed at improving accessibility and convenience for thousands of pilgrims preparing for Hajj next year. Federal Minister for Religious Affairs Sardar Muhammad Yousuf confirmed that Hajj 2026 flight operations will […]