ISLAMABAD — Pakistan Telecommunication Company Limited (PTCL) has officially announced a decisive leadership transition at the corporate level in a formal notification submitted to the Pakistan Stock Exchange (PSX). Effective immediately, Mohammad Nadeem Khan has been appointed as the Chief Executive Officer (CEO) of the telecom giant, taking over the helm from outgoing chief Hatem […]
LAHORE / ISLAMABAD — Serious concerns have rippled through the energy sector following the government’s proposal to allocate only Rs179 billion for water and hydropower projects in the upcoming Public Sector Development Programme (PSDP) for FY2026-27. Senior WAPDA officials have warned that the sector requires a bare minimum of Rs500 billion to maintain momentum. This
ISLAMABAD / DUSHANBE — Moving closer to stabilizing regional power connectivity, Pakistan and Tajikistan have officially agreed to call a high-level Joint Working Group session in Istanbul later this month to iron out remaining commercial terms for the Central Asia-South Asia (CASA-1000) electricity transmission project. The breakthrough consensus was reached at the conclusion of the
ISLAMABAD — Stepping forward to push back against widespread social media claims, the Ministry of Energy (Power Division) has released an exhaustive media brief outlining the national power sector’s performance. Energy Minister Awais Khan Leghari confirmed that the state-funded power subsidies for protected consumers have more than doubled since 2022, reaching a massive Rs423 billion
BEIJING — In tandem with the B2B tech signings, China is officially exploring long-term commodity procurement and sector-specific investments in Pakistan’s mining, agriculture, and textile sectors. Following a high-level official engagement between Commerce Minister Jam Kamal Khan and top executives from eight prominent Chinese corporate giants, Beijing laid out plans to diversify its import footprint.
LAHORE — Energy Minister Awais Leghari has announced that Pakistan will no longer set up new imported fuel-based Independent Power Producers (IPPs). Instead, the government is prioritizing a mass shift to Advanced Metering Infrastructure (AMI) for 10 million consumers and encouraging heavy investment in Battery Energy Storage Systems (BESS). This shift aims to capitalize on
ISLAMABAD — To combat the ongoing energy crisis and promote green energy, the Federal Government has announced a complete tax exemption on the import of solar cells and raw materials. This move is expected to reduce the cost of locally assembled solar panels by 25-30%. The Ministry of Energy stated that the goal is to
Solar Energy Tax Relief: Government Announces Zero-Duty on Imported Solar Cells Read More »
ISLAMABAD / RISALPUR — In a landmark moment for national defense, the Pakistan Air Force (PAF) has officially inducted the first squadron of JF-17 Block IV fighter jets. This latest variant features state-of-the-art AESA radar and long-range PL-15 missile compatibility, making it a formidable 4.5-generation fighter. During the induction ceremony, the Air Chief emphasized that
Pride of Pakistan: First Batch of JF-17 Block IV Fighter Jets Officially Joins PAF Fleet Read More »
KARACHI / ISLAMABAD — Petrol sasta hone ke asraat ana shuru ho gaye hain. Pakistan Bureau of Statistics (PBS) ki nayi report ke mutabiq, mulk mein inflation (mehangai) ki sharah single digit (9.2%) par aa gayi hai. Petrol ki qeematon mein Rs. 36 ki kami ki wajah se transport aur khuraki ashya sasti hui hain.
Economic Recovery: Inflation Drops to Single Digit Following Massive Fuel Price Cut Read More »
ISLAMABAD — Life is finally resuming in the twin cities as the local administration has started removing containers from major entry points. This comes after the scheduled visit of U.S. peace envoys was canceled by President Trump. While the “Islamabad Accord” is currently on hold, schools, colleges, and offices have reopened today. Commuters are advised
Islamabad Returns to Normal: Red Zone Containers Removed After Peace Talks Stall Read More »
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