Billions Paid to Private Power Producers: Govt Discloses Rs 979.3 Billion in Capacity Charges to 33 IPPs
In the last fiscal year, 33 Independent Power Producers (IPPs) received substantial sums in capacity charges. The Ministry of Energy, in a written statement to the National Assembly, revealed that…
Rising Electricity Prices Strain Pakistani Consumers and Disrupt Business Activities : Hafiz Naeem
The escalating electricity prices in Pakistan have significantly strained consumers’ lives and adversely affected business operations. Jamaat-e-Islami has organized protests, staged sit-ins, and brought attention to the inefficiencies of Independent…
State Bank Slashes Interest Rate by 2% Amid Declining Inflation
The State Bank has announced a 2% cut in the interest rate. The country’s central bank has announced a reduction in the interest rate. The interest rate has been reduced…
Significant Drop in Petroleum Prices Expected in Pakistan for the Next 15 Days”
A significant reduction in petroleum product prices is expected in the country, and the decrease will be for the next fifteen days. The impact of the drop in global oil…
Nation at Stake for One Person’s Extension, Claims PTI’s Asad Qaiser in Strong Rebuke
Pakistan Tehreek-e-Insaf (PTI) leader Asad Qaiser has said that the country is being put at stake for the extension of one individual.While speaking to the media, he stated that they…
Record-Breaking 36% Growth in Car Sales for July and August
The country has witnessed a remarkable 36% growth in vehicle sales during the months of July and August. According to recent statistics, a total of 17,288 units of cars were…
Finance Division Overhauls Federal Pension Rules with Major Amendments
The Finance Division has announced major changes to the Federal Employees’ Pension Rules based on the Pay and Pension Commission 2020’s recommendations. An official notification and office memorandum have been…
Speaker Ayaz Sadiq Suspends Sergeant at Arms, Four Others After PTI Leaders Arrests
National Assembly Speaker Ayaz Sadiq suspended Sergeant at Arms Muhammad Ishfaq Ashraf and four security officials for four months over a security lapse following the arrest of several PTI lawmakers…
Earthquake Strikes Pakistan: Tremors Felt Across Major Cities, Magnitude 5.7 Recorded
Earthquake tremors felt in various cities including Islamabad, Lahore, and Peshawar, with a magnitude of 5.7 and a depth of 10 kilometers.Tremors were felt in different regions of Pakistan, including…
Dr. Qaiser Bengali Criticizes Pakistan’s Lavish Imports Fueled by Borrowed Dollars
Dr. Qaiser Bengali, a prominent economist of the country, commented on Pakistan’s economic situation, stating that we are importing cars using borrowed dollars. Speaking at an event in Karachi, he…