Russia claims to strike Ukrainian military vessels and port facilities
Russia reports hitting four cargo ships used by Ukraine's military and a vehicle parts plant in Chornomorsk.
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Energy Rates
JK Spinning Mills Expands Renewable Energy with 8MW Solar Capacity
J.K. Spinning Mills Limited has expanded its renewable energy footprint by adding 8 MW of solar power capacity to reduce carbon footprint…
FoodPanda Launches First Rider Rest Station in Lahore
FoodPanda Pakistan inaugurates its first Flagship Rider Rest Station at Gold Crest Mall, offering air-conditioned comfort and essential facilities for deli
SBP Launches Incentives to Promote Digital Payments at Petrol Pumps
State Bank of Pakistan caps transaction charges to promote digital payments and financial inclusion in the fuel sector.
Refineries Call for Immediate Finalization of Upgrade Agreements
Oil refineries in Pakistan urge government to finalize upgrade agreements without delay amid financial penalties.
Global Oil Prices Fall, But Relief Elusive for Pakistan
Despite global oil price drops, Pakistani consumers unlikely to see immediate relief due to fixed dealer margins.
HBL PMI shows strongest manufacturing expansion in four months
The HBL Pakistan Manufacturing PMI rose to 51.7 in July, driven by domestic demand and resilient export orders.
Pakistan seeks IMF flexibility for fuel pricing
Petroleum Minister Ali Pervaiz Malik discusses engagement with the IMF on fuel pricing mechanisms to cushion oil price shocks.
Pakistan Aims to Boost Domestic Payment Systems
State Bank of Pakistan proposes making PayPak cards mandatory for government employees to reduce reliance on international payment networks.
Petroleum Sales Surge in Pakistan as Fuel Prices Drop
Petroleum product sales in Pakistan surged by 23% year-on-year in July, driven by lower fuel prices and improved farm economics.
Petroleum Sales Surge in July, Reaching Four-Year High
Petroleum product sales surged by 23% in Pakistan in July 2026, with Motor Spirit and HSD seeing significant increases.
Government Plans to Split LESCO and MEPCO Before Privatization
The Privatization Ministry has formed a committee to examine splitting Pakistan's two largest power companies before their privatization.
Nepra Member Challenges National Grid Revenue Approval
A Nepra member has challenged the Rs. 332 billion revenue requirement for NGC, arguing inconsistencies in asset and liability treatment.
Pakistan Imports One Million Tonnes of Wheat Despite Record Harvest
Punjab requests one million tonnes of imports as wheat prices surge post-harvest. Questions arise over production estimates and reserve adequacy.
Iran conflict escalates, global economy faces new threats
The Iran-US ceasefire breakdown has led to expanded hostilities and warnings from global economic institutions about broader impacts on growth.
Technical Committee to Evaluate Bifurcation of Punjab’s Largest DISCOs
The Ministry of Privatisation has formed a Technical Committee to explore bifurcating LESCO and MEPCO, addressing their weaker performance in terms of…
Pakistan’s Auto Industry Sees Strong Recovery in FY26
Sales of passenger cars, SUVs and LCVs increased by 39% in FY26. Total industry sales reached over 2.2 million units.
Pakistan’s textile industry faces stricter EU regulations
European Parliament increases labour and sustainability standards, affecting Pakistan's export sector. Major manufacturers are working to maintain complian
Iran Denies Deal to Reopen Strait of Hormuz
Iran rejects reports of an agreement with US to reopen key global shipping route, maintaining control through coordination with IRGC.
Google Temporarily Withdraws AI Image Tool from Google Earth
Google temporarily withdrew an AI image-generation feature after it was used to create convincing fake satellite images, citing risk of spreading misinform