The government is considering a major change to Pakistan’s petroleum taxation policy by gradually reducing the Petroleum Levy to between Rs. 5 and Rs. 10 per liter while exploring alternative sources to replace the revenue generated through the levy. According to a report by Business Recorder, the proposal aims to compensate for an estimated Rs. […]
70 Major Global Exchanges Seek Licences to Enter Pakistan’s Digital Asset Market
Pakistan’s rapidly developing digital asset sector is attracting strong interest from international cryptocurrency exchanges, with around 70 major global platforms reportedly seeking licences to operate in the country. Bilal Bin Saqib, Chairman of the Pakistan Virtual Asset Regulatory Authority (PVARA), said Pakistan has undergone a major shift in its approach to digital assets within just […]
Rawalpindi Ring Road Misses Sixth Completion Deadline Despite Major Construction Work
The Rawalpindi Ring Road project has missed its sixth deadline for completion and opening to traffic, raising further questions over when the long-awaited road link will become fully operational. Despite the delay, construction on the main 38.6-kilometer route has largely been completed. The remaining work includes the installation of toll booths and ongoing construction at […]
Pakistan vs England Final Test: Weather Forecast Suggests Favorable Conditions at Edgbaston
Pakistan will take on England in the third and final Test at Edgbaston, with the national team aiming to avoid a series whitewash. The weather forecast for the opening day currently points toward conditions that could allow plenty of cricket to be played. According to AccuWeather, Wednesday morning in Birmingham is expected to be sunny, […]
Pakistan Seeks Japanese Investment in Mining and Minerals Sector
Pakistan is looking to attract Japanese investment into its mining and minerals sector as the country seeks to unlock the economic potential of its natural resources. The Special Investment Facilitation Council (SIFC) has engaged Japan’s Sumitomo Corporation to explore investment opportunities in Pakistan’s mining and minerals industry, including emerging projects with significant investment potential. The […]
NICH Karachi Fire Safety Audit Flags Serious Risks on Three Floors
Serious fire safety concerns have emerged at the National Institute of Child Health (NICH) in Karachi after an official audit identified significant vulnerabilities on three floors of the hospital. The fourth, fifth and sixth floors of the major children’s healthcare facility have been declared highly vulnerable to fire hazards, raising concerns about the safety of […]
The Modern Hospital Group Holds Groundbreaking Ceremony for Trauma Centre in DHA City Karachi
KARACHI: The Modern Hospital Group continues to expand its network of healthcare projects across Sindh. Following ongoing initiatives in Hyderabad, Gharo, Islamkot, Mithi, and Sukkur, the network marked a major milestone on September 6, 2026, with the groundbreaking ceremony for The Modern Hospital Trauma Centre in DHA City Karachi. Addressing the ceremony as Chief Guest, […]
Electricity Bills Set to Rise by Up to Rs. 2.58 Per Unit in Pakistan
Electricity consumers across Pakistan are set to face higher bills after the National Electric Power Regulatory Authority (NEPRA) approved adjustments that could increase electricity costs by up to Rs. 2.58 per unit. The increase is expected to place an additional financial burden of around Rs. 46 billion on consumers. The higher charges will be reflected […]
CDA Orders Sealing of Federal Employees Housing Offices Over Rs. 57 Million Dues
The Capital Development Authority (CDA) has initiated action against the Federal Employees Cooperative Housing Society (FECHS) over alleged violations involving approved layout plans and outstanding payments exceeding Rs. 57 million. According to the authority, total fees, penalties and other outstanding dues linked to the Jinnah Garden housing schemes have reached approximately Rs. 57.482 million. CDA’s […]
CDA Directed to Resolve PIDE Land Dispute After Rs. 4 Billion Payment
The Capital Development Authority (CDA) has been directed to resolve a long-standing land issue involving the Pakistan Institute of Development Economics (PIDE), after the institution reportedly waited six years for the allotment of land despite paying around Rs. 4 billion. Federal Minister for Planning Ahsan Iqbal called for an immediate resolution of the matter on […]