Year: 2025

Nepra’s ‘Collective Wisdom’ Questioned Over K-Electric Tariff Revision at Public Hearing

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Islamabad, October 30, 2025 – The National Electric Power Regulatory Authority (Nepra) came under sharp scrutiny on Wednesday as participants at a public hearing questioned the regulator’s “collective wisdom” — a phrase often cited in its decisions — following its recent revised determination for K-Electric (KE), which reduced the utility’s supply tariff by Rs7.60 per unit, from Rs39.97/kWh to Rs32.37/kWh. The public hearing, chaired by Member (Law) Amina Ahmed and attended by Member (Development) Maqsood Anwar Khan and Member (Technical) Rafique Ahmad Shaikh (via Zoom), focused on the Fuel Charges…

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Oxfam Report Warns of Growing Inequality in Pakistan Amid Climate and Digital Divide

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New-Project86

Islamabad, October 30, 2025 – A new Oxfam report has raised alarm over deepening inequality in Pakistan, where the wealthiest 10 percent hold 42 percent of national income, leaving the majority increasingly vulnerable to economic, climate, and digital disparities. Titled An Unequal Future: Asia’s Struggle for Justice in a Warming, Wired World, the report highlights how Pakistan mirrors wider regional trends of elite wealth concentration, climate vulnerability, and uneven access to technology. Across Asia, the richest 10 percent capture between 60–77 percent of national income, while the poorest half receive…

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Petrol, Diesel Prices Set to Rise Again for First Fortnight of November

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Petrol-Diesel

Islamabad, October 30, 2025 – Petrol and high-speed diesel (HSD) prices are likely to increase by around Rs1.5 per litre for the first fortnight of November, following slight fluctuations in international oil prices, according to industry sources. Based on current tax rates, the ex-depot price of HSD is expected to rise by about Rs1.4 per litre (0.5%), while petrol could see an increase of roughly Rs1.5 per litre, effective from November 1 to 15. Since June 1, petrol prices have surged by nearly Rs10 per litre and diesel by Rs20…

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Trump, Xi Strike Landmark Deal on Tariffs and Rare Earth Exports

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New-Project85

Busan, October 30, 2025 – U.S. President Donald Trump announced on Thursday that he had reached a breakthrough agreement with Chinese President Xi Jinping to ease trade tensions, marking their first in-person meeting since 2019. Speaking after nearly two hours of face-to-face talks in the South Korean city of Busan on the sidelines of the APEC Summit, Trump said the United States would reduce tariffs on Chinese goods in exchange for Beijing resuming U.S. soybean imports, continuing rare earth exports, and tightening its crackdown on fentanyl trafficking. The meeting concluded…

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Pakistan Receives First-Ever US Crude Oil Shipment at Cnergyico Terminal

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New-Cnergyico

Karachi, October 30, 2025 – In a landmark development for Pakistan’s energy sector, the country has received its first-ever shipment of crude oil from the United States, marking a new chapter in Pakistan–US trade relations. The vessel MT Pegasus, carrying one million barrels of West Texas Intermediate (WTI) crude, docked at Cnergyico’s Single Point Mooring (SPM) terminal off the coast of Balochistan. This milestone also sets a national record as the largest oil tanker ever to berth at a Pakistani port. Industry officials hailed the arrival as a strategic move…

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