The Khyber Pakhtunkhwa government has announced plans to introduce 10,000 electric rickshaws in Peshawar, aiming to provide affordable, eco-friendly, and modern public transport. A high-level meeting in Peshawar, chaired by the Secretary of Transport and Mass Transit, brought together officials from the Urban Mobility Authority, TransPeshawar, Science and IT, and the Bank of Khyber. Officials…
The Senate Standing Committee on IT and Telecommunications questioned Pakistan Telecommunication Company Limited (PTCL) over $8,000 board fees and other allowances for its members. PTCL’s legal advisor told the committee that board members do not receive extraordinary privileges, but are paid fees for attending board meetings, which officials said are limited. The PTCL board includes…
Gold prices in Pakistan surged to a record high on Monday, with the price per tola reaching Rs480,962, after gaining Rs7,700 during the day. The price of 10-gram gold also rose by Rs6,602, closing at Rs412,347, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. On Saturday, gold per tola had increased…
Petroleum Division in Pakistan faces a difficult position after the Power Division said it cannot use nine additional LNG cargoes planned for delivery in 2026 year. The unused cargoes are valued at around 270 million dollars and were included in an annual LNG supply plan agreed with Qatar and ENI earlier. According to officials, revised…
Power sector in Pakistan continues to face mounting financial pressure as inefficiencies, losses, and weak recoveries add billions of rupees to national debt. Despite a restructuring deal that reduced part of the outstanding burden, underlying structural problems remain largely unresolved across the electricity distribution system. During FY25, losses, inefficiencies, and under-recoveries added Rs397 billion to…
The Pakistan Telecommunication Authority (PTA) has outlined how 5G spectrum will be sold, sharing bands, lot structures, and limits for the Next Generation Mobile Services auction. According to the Information Memorandum revealed last week, 597.2 MHz of spectrum below 6 GHz will be offered through a structured, multi-band auction process nationwide. The much-awaited 5G auction…
Long-range weather models suggest Lahore could witness extremely rare snowfall later this month as an intense cold wave, driven by Siberian air, grips Pakistan. Meteorologists say temperatures may plunge across large parts of the country to levels not observed for nearly a century, according to extended model projections. Forecasts from ECMWF, GFS, and ICON indicate…
Nexgen Auto has announced the official ex-factory introductory prices of the JAECOO J5 SHS HEV, expanding its hybrid sports utility vehicle lineup in Pakistan. The company said the JAECOO J5 SHS HEV Comfort has been priced at Rs 6,699,000, while the Premium variant carries an ex-factory price of Rs 7,699,000. Nexgen stated the introductory prices…
The Punjab government has extended winter holidays for educational institutions by one week after receiving strong public support through an online consultation exercise nationwide survey. Punjab Education Minister Rana Sikandar Hayat announced that all schools and colleges across the province will now reopen on January 19 following public consultation process. He said the decision followed…
Gold prices in Pakistan rose sharply on Saturday January 10 2025 according to rates issued nationwide by association. The price of 24 karat gold per tola increased by Rs3700 to Rs473262 in the domestic market today. Similarly the price of 10 grams of 24 karat gold rose by Rs3172 reflecting a strong upward trend. Rates…