KARACHI: Pakistan’s electricity generation climbed to an all-time monthly high in January as lower tariffs and a government subsidy program lured more industrial users onto the national grid, offsetting higher costs for captive power plants.
Top Stories
Islamabad courts indict ex-KP chief minister Gandapur in audio leak case; reissue warrants for successor Afridi
ISLAMABAD: An Islamabad court on Saturday indicted former Khyber Pakhtunkhwa chief minister and opposition Pakistan Tehreek-e-Insaf (PTI) leader Ali Amin Gandapur in a long-running case over leaked audio recordings, marking a key step forward in proceedings that have been repeatedly delayed by his absences.
Army officer, soldier martyred in suicide blast during anti-militant operation in northwestern Pakistan
ISLAMABAD: An army lieutenant colonel and a soldier were martyred in a suicide bombing during an intelligence-based operation against militants in the northwestern Khyber Pakhtunkhwa province, the military said on Saturday, amid a surge in attacks blamed on groups operating from neighbouring Afghanistan.
Pakistan sees 26 percent jump in foreign profit repatriation amid FDI slump
KARACHI: Pakistan’s foreign investors repatriated a record $1.68 billion in profits and dividends in the first seven months of the fiscal year, even as fresh direct investment into the cash-strapped South Asian economy tumbled by more than 40%.
Indian-owned teams in England’s Hundred league plan to sideline Pakistani players
KARACHI: Michael Vaughan, the former England cricket captain, has called on the England and Wales Cricket Board to move swiftly to address reports that Pakistani players are being deliberately overlooked by teams with Indian ownership in The Hundred, the country’s fast-paced domestic short-form tournament.
As prices soared, incomes lagged — and poverty deepened across Pakistan
ISLAMABAD: Pakistan’s poverty rate climbed to almost 29% in the fiscal year ending in 2025, as a string of crises from the COVID-19 pandemic to high inflation and massive floods took a toll on households, a government report showed on Friday, even as the economy began to show some recovery.
Pakistan launches crypto sandbox to test digital assets under regulator’s watch
ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority unveiled a testing framework for cryptocurrencies on Friday, marking a key step in the South Asian nation’s push to oversee the burgeoning digital asset sector while fostering innovation.
Jailed PTI leaders urge suspension of protests during Ramadan, condemn Zardari’s remarks on Khan
LAHORE: Five jailed senior leaders of Pakistan’s opposition Pakistan Tehreek-e-Insaf (PTI) party on Friday urged the party to suspend all protest activities during the Muslim holy month of Ramadan and shift focus to parliamentary politics, while condemning President Asif Ali Zardari’s recent remarks about the party’s incarcerated founder, Imran Khan.
Magnitude 5.9 quake shakes northwest Pakistan, no casualties reported
ISLAMABAD: A magnitude 5.9 earthquake struck parts of northwestern Khyber Pakhtunkhwa province on Friday, the Pakistan Meteorological Department said, with tremors felt across several districts but no immediate reports of casualties or damage.
Sharif, Rubio discuss minerals, counter-terrorism at US peace forum
ISLAMABAD: Prime Minister Shehbaz Sharif met US Secretary of State Marco Rubio on the sidelines of a new international peace forum in Washington, where the two discussed deepening cooperation on minerals, energy and counter-terrorism as Islamabad seeks more American investment to shore up its economy.