Government plans 2–3 hours daily load-shedding and tariff hikes as LNG supplies collapse and fuel costs surge ahead of peak summer demand. Pakistan is preparing for widespread power shortages and higher electricity tariffs as liquefied natural gas supplies are set to fall to near zero from next month, forcing authorities to adopt load-shedding and emergency…
Essential drugs remain available nationwide as manufacturers absorb rising costs Essential medicines in Pakistan remain widely available and price-controlled despite a sharp rise in fuel costs, the Pakistan Pharmaceutical Manufacturers Association (PPMA) said on Saturday. Industry representatives rejected recent unverified reports suggesting shortages or price hikes. They said government-regulated prices for essential drugs have not…
Huawei targets premium earbuds market with lower-priced flagship Huawei has launched its latest wireless earbuds, FreeBuds Pro 5, priced at $239.99, offering flagship-level Features with improved battery life, sound quality, and active noise cancellation at a comparatively lower cost. The new model arrives just over a year after the previous FreeBuds Pro 4, signaling Huawei’s…
Government grants temporary waiver to boost regional trade Amid Iran US war, Pakistan on Saturday approved a temporary policy allowing exports to Central Asian states and Azerbaijan through Iran, removing key financial conditions to facilitate trade flows. The Ministry of Commerce said the federal government has granted a temporary exemption from bank guarantee and letter…
Gold prices surge sharply as local and global rates rise further Gold prices in Pakistan rose sharply on Saturday, with the 24-karat rate reaching Rs472,062 per tola, according to figures released by the All Pakistan Sarafa Gems and Jewellers Association. The latest data showed an increase of Rs4,800 per tola compared to the previous session,…
PQA handles 3,485 TEUs as incentives aim to expand regional hub role Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said on Saturday that Port Qasim Authority (PQA) has increased transshipment activity at Qasim International Container Terminal (QICT), handling 3,485 TEUs across two vessels. The minister said the container vessel Northern Guard berthed at…
Prime Minister Shehbaz Sharif late Friday decided to keep prices of petrol and diesel unchanged for another week. The government claimed that premier had rejected a steep proposed increase and committed the government to a Rs. 56 billion subsidy to shield consumers. Under the decision, petrol will remain at Rs. 321.17 per litre and high-speed…
ISLAMABAD: A delegation of Finvolution (China) and its local subsidiary, Finleap Financial Services (Pvt.) Ltd., called on Chairman Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, to discuss developments in Pakistan’s digital financial services sector. Mr Sun Xiaodong, Head of International Business of Finvolution (China), Ms Bao Zhe, COO Pakistan Market –…
Successful test of Lumshiwal Formation confirms gas flow of 26.5 million cubic feet per day ISLAMABAD, March 27, 2026: Oil and Gas Development Company Limited (OGDC), along with its joint venture partners in the TAL Block, has successfully appraised the existing discovered gas and condensate (in traces) from Lumshiwal Formation in the Bilitang-1- ST-1 Exploratory…
New update lets iPhone users run two WhatsApp accounts easily iPhone users can now operate two WhatsApp accounts on a single device, marking a significant feature upgrade for the messaging platform owned by Meta. The new functionality allows users to add and switch between two separate accounts within the same app, removing the need for…