ISLAMABAD: The government slashed petrol prices by Rs7.54 per litre late Thursday while raising the cost of high-speed diesel (HSD) by Rs1.48 per litre for the next two weeks, reflecting shifts in global oil markets.
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Pakistan battles sugar crisis amid surplus claims and market manipulation
ISLAMABAD: Pakistan’s state trading agency is evaluating offers to supply 100,000 metric tons of sugar, with the lowest bid at $539 per ton, even as the government insists on surplus stocks and cracks down on market manipulation amid a recurring sugar crisis.
Sindh ombudsman orders removal of K-Electric CEO for workplace harassment
KARACHI: A provincial ombudsman on Thursday ordered the immediate removal of Moonis Alvi, the chief executive officer of K-Electric, the nation’s largest power utility, after ruling him guilty of workplace harassment.
Pakistan’s Utility Stores Corp. closes doors after 54 years as losses mount
ISLAMABAD” Pakistan’s Utility Stores Corporation (USC), a state-owned enterprise tasked with providing affordable essentials to low-income households, officially shut down operations on Thursday, ending a 54-year run plagued by financial losses and chronic inefficiencies.
Faisalabad court jails 108 PTI members, including top leaders, to 10 years for May 2023 violence
ISLAMABAD: An anti-terrorism court on Thursday sentenced 108 members of former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party, including senior opposition leaders, to 10 years in prison for their alleged roles in violent protests that rocked the country on May 9, 2023.
Cabinet approves Haj 2026 policy, AI framework and green building code; PM caps sugar price
ISLAMABAD: The federal cabinet on Wednesday rolled out a trio of transformative policies, approving the Haj Policy for 2026, the National Artificial Intelligence (AI) Policy, and the Green Building Code of Pakistan.
UPDATE-Trump seals US-Pakistan trade deal, hits India with 25 percent import tariff
KARACHI: President Donald Trump said on Wednesday his administration has struck a trade deal with Pakistan to develop the South Asian nation’s oil reserves, while simultaneously imposing a 25% tariff on Indian imports, escalating tensions with New Delhi over trade imbalances and its energy ties with Russia.
Flash flood ravages Gilgit-Baltistan’s Ishkoman valley, power station damaged
ISLAMABAD: A cloudburst-induced flood tore through the Ishkoman valley in Pakistan’s Ghizer district on Wednesday, leaving a trail of destruction that damaged dozens of homes, shops, and critical infrastructure, including a vital power station, the Gilgit-Baltistan Disaster Management Authority (GBDMA) reported.
Trump seals US–Pakistan trade deal, hits India with 25 percent import tariff
KARACHI: President Donald Trump said on Wednesday his administration has struck a trade deal with Pakistan to develop the South Asian nation’s oil reserves, while simultaneously imposing a 25% tariff on Indian imports, escalating tensions with New Delhi over trade imbalances and its energy ties with Russia.
German mountaineer Laura Dahlmeier confirmed dead in Pakistan accident
ISLAMABAD: German mountaineer Laura Dahlmeier, a renowned Olympic champion, was confirmed dead on Wednesday after a tragic accident while attempting to scale Laila Peak in Pakistan’s Gilgit-Baltistan region.