Oil and Gas Development Company Limited (OGDC) has confirmed receiving its third interest instalment of Rs7.73 billion from Power Holding Private Limited. The company disclosed the payment in a notice to the Pakistan Stock Exchange, stating that repayments are progressing under the government’s circular debt settlement plan. The total interest amount stands at Rs92 billion,…
Ghandhara Automobiles Limited is preparing to expand its portfolio with the launch of the JAC T9 plug in hybrid electric vehicle in 2026. The company also confirmed the arrival of the JAC T9 2WD, which is expected to reach customers during the first half of October. Industry reports suggest the JAC T9 PHEV will compete…
The Punjab government has announced plans to expand Lahore’s electric bus network with 35 new buses set to begin operations on Canal Road. According to officials, the additional fleet will cover the route from Thokar Niaz Baig to Jallo Mor, with service expected to start early October. The new buses are scheduled to arrive shortly,…
The Senate Standing Committee on Delegated Legislation has directed the Federal Public Service Commission to provide clarity on CSS age relaxation rules. The issue was raised in a meeting chaired by Senator Nasima Ehsan, where FPSC officials outlined existing eligibility requirements and current relaxation provisions. Officials informed members that the maximum age limit is thirty…
The Federal Minister for Petroleum Ali Pervaiz Malik held a meeting today with the Managing Director and senior executives of the Oil and Gas Development Company (OGDC) at company’s head office. The meeting focused on a comprehensive briefing by the OGDC management on the company’s operational activities and a strategic production optimization drive aimed at…
Electricity consumers nationwide may face higher bills next month as NEPRA considers a request from the Central Power Purchasing Agency for tariff adjustments. The agency has asked for a rise of 19 paisa per unit under the fuel cost adjustment mechanism, citing increased production expenses in August. Reports confirm distribution companies received 102.94 billion units…
Mobile, internet, and telephone services have been suspended across Azad Kashmir as authorities imposed a sweeping blackout ahead of the September 29 strike. Telecom companies confirmed complete disruption of voice, data, and broadband lines across major districts, including Muzaffarabad, leaving residents disconnected from essential communication and services. The suspension has left families unable to contact…
District administration of Rahim Yar Khan has declared a holiday on October 1 to mark the Urs of revered Sufi saint and poet Hazrat Khawaja Ghulam Farid. According to Deputy Commissioner Khurram Pervez, government and semi-government offices across the district will remain closed to facilitate celebrations and gatherings of devotees. The Urs annually attracts thousands…
Asian Cricket Council chief Mohsin Naqvi criticised India for dragging war into sport after Prime Minister Narendra Modi politicised the Asia Cup final. Modi congratulated his team by linking the victory with Operation Sindoor, a reference to military conflict earlier this year between the two countries. Naqvi responded that history already records India defeats at…
The International Monetary Fund has asked Pakistan for a detailed report on anti-money laundering measures during continuing negotiations for the seven billion dollar loan program. Officials said IMF wants updates on the Governance and Corruption Risk Assessment Report along with establishment of provincial enforcement agencies against money laundering and corruption. The lender will also seek…