We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
By Salman Khan | December 16, 2025
Islamabad — Special Assistant to the Prime Minister (SAPM) on Industries and Production, Mr. Haroon Akhtar Khan, chaired a high-level meeting to review and finalize the National Gemstones Policy, aimed at unlocking the vast untapped potential of Pakistan’s gemstones sector. During the meeting, specialized working groups on Import–Export, Banking and Finance, and Return & Refund…
By Salman Khan | December 16, 2025
The University of Peshawar has announced its winter vacations, offering relief to students and staff during the colder months. As per the official notification, the break will begin on December 22 and applies to all academic and administrative departments of the university. University officials said the decision was made in line with the seasonal schedule…
By Salman Khan | December 16, 2025
Authorities have activated snowfall arrangements in Murree as preparations begin for an expected surge of tourists during winter holidays. The Punjab government has activated nineteen facilitation centres along GT Road and roads linking Murree with Azad Kashmir. Officials said the centres will operate round the clock throughout the snowfall season, with staff from relevant departments…
By Salman Khan | December 16, 2025
Two new franchises in the Pakistan Super League have been guaranteed at least Rs850 million each for the first five editions, under a financial model. Sources said investors from Pakistan, the United Kingdom and the United States have expressed interest in acquiring the new franchises under the approved framework. Under the proposed arrangements, the new…
By Salman Khan | December 16, 2025
Electricity consumers in Pakistan are to continue financing the power sector’s circular debt, as the government plans to raise Rs 278 billion this fiscal year. Finance Ministry sources said most of the amount collected through a debt servicing surcharge will be used to cover interest linked to mounting liabilities. According to officials, around Rs 156…
By Salman Khan | December 15, 2025
The National Grid Company of Pakistan commissioned the 500kV Lahore North Grid Station, adding 3,750 MVA to Punjab’s network. Developed at a cost of Rs20.7 billion and financed by the Asian Development Bank, the project strengthens Lahore’s electricity supply. The new facility features 3,000 MVA transformation at 500/220kV and 750 MVA at 220/132kV with extensive…
By Salman Khan | December 15, 2025
Wholesale sugar prices have dropped sharply across Pakistan following strict government action against hoarding, speculation, and artificial price hikes. This has provided relief to markets and consumers. The impact is most noticeable in major trading hubs, especially Karachi and Punjab. In Karachi, wholesale sugar prices fell from Rs200 to Rs150 per kilogram, with further decline…
By Salman Khan | December 15, 2025
Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting in Kuwait with H.E. Mr. Tariq Sulaiman Al-Roumi, Minister of Oil of the State of Kuwait, to discuss matters of mutual interest and strengthen bilateral cooperation in the petroleum sector. The meeting was attended by Mr. Sheikh Nawaf Al-Sabah, Chief Executive Officer of Kuwait Petroleum…
By Salman Khan | December 15, 2025
The Benazir Income Support Programme has received a boost after the International Monetary Fund welcomed an increase in its budget. According to details, the IMF described the move as a positive step towards strengthening social protection in Pakistan. As per the official information, the IMF praised the decision of the government to enhance financial support…
By Salman Khan | December 15, 2025
Former England captain Michael Vaughan has said he was forced to take shelter inside a restaurant during a shooting at Sydney’s Bondi Beach. Vaughan said he and his family returned home safely, thanking emergency services and the individual who confronted attacker. He said a restaurant bouncer approached him while holding a gun and instructed him…