Lahore Electric Supply Company (LESCO) has started reinstalling old electricity meters at locations where meters were previously burnt, damaged or removed for different reasons, according to sources. The development involves meters that had been taken out of service and subsequently examined through laboratory testing. The process is particularly linked to single-phase and three-phase meters removed […]
Pakistan Railways to Resume Shalimar Express with 14% Discount
Pakistan Railways is set to resume the Shalimar Express service from August 14, restoring an important rail connection between Lahore and Karachi after disruptions caused by damage to railway infrastructure. The Shalimar Express will operate through an adjusted route via Raiwind and Sahiwal. The revised arrangement comes as railway authorities continue to deal with damage […]
Pakistan Railways Ordered to Pay Rs. 50,000 Compensation Over Delayed Khyber Mail
Pakistan Railways has been ordered to pay Rs. 50,000 in compensation to a passenger after the Khyber Mail reached Karachi several hours behind schedule. The decision was issued by the Consumer Protection Court Karachi South following a complaint filed by the affected passenger. The case relates to a journey booked in 2025, when the passenger […]
SECP Simplifies Sukuk Issuance for Companies in Pakistan
Pakistan’s corporate debt market is set for a potential boost as the Securities and Exchange Commission of Pakistan (SECP) introduces a new practical guide aimed at simplifying Sukuk issuance for companies. The regulator has issued the “A Practical Guide for Corporate Issuers” to help businesses understand and navigate the process of issuing corporate Sukuk through […]
Petrol Pump Owners Urge Government to Review Daily Fuel Pricing Policy
The All Pakistan Petrol Pump Owners Association has called on the government to reconsider the country’s daily petroleum pricing mechanism, saying the promised review has not taken place despite the agreed timeline having already passed. The association has formally written to the Federal Minister for Petroleum, urging authorities to revisit the policy and address concerns […]
Pakistan’s Solar Users Shift to Battery Storage as Net Billing Changes Reshape Energy Market
Pakistan’s renewable energy landscape is undergoing a major transformation as more solar system owners choose battery storage over exporting surplus electricity to the national grid. The trend has accelerated following revisions to the country’s net billing rules, prompting households and businesses to maximize self-consumption while reducing reliance on the power network. The growing preference for […]
SBP Introduces New Digital Payment Incentives for Petrol Pumps Across Pakistan
The State Bank of Pakistan (SBP) has announced a new set of measures aimed at accelerating digital payments at fuel stations across the country. The initiative introduces lower transaction costs for card payments and expands the use of Raast QR payments, making cashless fuel purchases more convenient for consumers and businesses alike. The latest framework […]
Islamabad Feeder Bus Route FR-04A Revised as CMTA Launches New Trial Route
The Capital Mass Transit Authority (CMTA) has announced a revision to the Feeder Bus Route FR-04A in Islamabad, introducing a new alignment aimed at improving connectivity for commuters. The revised route officially came into effect on Monday, August 3, 2026, and is being implemented on a trial basis. Under the updated transport plan, Feeder Bus […]
Pakistan’s RLNG Prices Reach Highest Level in a Decade After Sharp August Hike
Pakistan’s regasified liquefied natural gas (RLNG) prices have climbed to their highest level in ten years after the Oil and Gas Regulatory Authority (OGRA) announced a significant increase for August. The latest revision reflects the growing pressure of expensive spot LNG imports and rising global energy market volatility. OGRA has fixed the August RLNG price […]
SECP Issues Updated Master Circular to Streamline Pakistan’s Mutual Fund Industry
The Securities and Exchange Commission of Pakistan (SECP) has introduced an updated Master Circular for Asset Management Companies (AMCs) and Investment Advisers (IAs), aiming to simplify regulatory compliance and improve operational efficiency across Pakistan’s mutual fund industry. The revised circular brings together all relevant regulatory requirements into a single, comprehensive document. By consolidating various circulars, […]