By Naveed Naqvi
ISLAMABAD: Pressing for better margins on retail sale of fossil fuels, the Pakistan Petroleum Dealers Association (PPDA) has threatened to close petrol pumps across the country in protest from July 18.
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Tackling Karachi’s perennial flooding problem
By The Editors
Over the three days of Eid-ul-Azha this year, intermittent but frequent and heavy spells of rain over parts of Karachi killed more than two dozen residents of Pakistan’s most populous metropolis. This is the beginning of the Monsoon season for the port city.
FIA Case: Top officials bilked PPL for millions of dollars
By Naveed Naqvi
ISLAMABAD: The Federal Investigation Agency (FIA) has arrested Pakistan Petroleum Limited (PPL) Deputy Managing Director Abid Malik and is conducting raids to arrest several others including a former managing director of the state-owned company on charges of bilking the company for millions of dollars, Independent Pakistan can report.
A manufacturing facility at Heavy Electrical Complex (HEC), Hattar, Khyber-Pakhtunkhwa. Photo coutesey HEC official website.
Federal government picks up over PKR 20m in accumulated mark-up
The expense concerns a failed bid to privatise the Heavy Electrical Complex (HEC), a unit of Pakistan’s State Engineering Corporation. By Aoun Hussain ISLAMABAD: The
5 dead in Karachi caught between heavy rains and high tide
By Staff Reporter
ISLAMABAD: At least five people died of rain related causes on Monday as Pakistan’s most populous city Karachi continued to struggle with some of the worst wet weather conditions – and as the Met warned the conditions might continue for at least 24 more hours.
Is PM Sharif dithering in the face of tough calls?
By Staff Reporter
ISLAMABAD: All levels of his government routinely underscore the need for “tough decisions to save the economy”, but Prime Minister Shehbaz Sharif seems to be dithering in the face of an imperative to raise energy prices.
Composite image created by Independent Pakistan from a photo from Maryam Nawaz Sharif's jalsa in Sheikhpura Friday, July 8, 2022, superimposed with open sources images of flags of parties that separately joined PMLN in alliance the same day.
PM Sharif’s party clinches key alliances ahead of Punjab by-polls
Both TNFJ and TIP represent the influential Shia Muslim vote bank, a Godsend for Sharif’s Deobandi-Sunni party. By Naveed Naqvi ISLAMABAD: Prime Minister Shehbaz Sharif’s
Lots of condemnation, but no will to prosecute Javed Iqbal?
By Naveed Naqvi
ISLAMABAD: Federal Minister for Water Resources Syed Khursheed Shah is the latest of Pakistan Democratic Movement (PDM) politicians to react in strong terms to the alleged dishonorable behavior of former senior justice Javed Iqbal, but the coalition government is yet to signal in any way it intends to take legal action over the matter.
Consumer Alert: Hefty gas price hike on cards
By Staff Reporter
ISLAMABAD: Households and businesses will alike see their fuel bills swell if Prime Minister Shehbaz Sharif okays a proposal to hike gas prices for both households and industries.
Policy rate up 125bps: SBP ramps up inflation fight
By Staff Reporter
KARACHI: The State Bank of Pakistan (SBP) on Thursday raised borrowing costs by 125 basis points to quell Asia’s second-fastest inflation and meet conditions for a loan from the International Monetary Fund (IMF).