KARACHI: Rainfall began across Karachi and surrounding areas on Thursday as a strong westerly weather system moved into the region, prompting authorities to declare a rain emergency across the city. According to the Pakistan Meteorological Department, showers were recorded in multiple areas including Quaidabad, Malir, PAF Faisal Base, and Jinnah Terminal early in the day. Light rain was also observed in Gulshan-i-Maymar, while heavier spells hit Gulistan-i-Jauhar, Saddar, Clifton, Garden, and Keamari. Weather radar indicated intense rainfall over northern parts of the city, with isolated hailstorms reported. The Met Office…
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Energy Price Surge Drives March Inflation to 7.3%
ISLAMABAD: Consumer inflation in Pakistan rose to 7.3% in March, up from 7% in February, continuing an upward trajectory largely fueled by rising energy costs linked to the ongoing Middle East conflict. According to the Consumer Price Index (CPI) data released by the Pakistan Bureau of Statistics (PBS), higher domestic energy tariffs played a key role in pushing inflation beyond earlier expectations. The Finance Ministry had already projected inflation to fall within the 7.5% to 8.5% range, citing escalating energy prices due to geopolitical tensions. The impact is expected to…
Read MoreTrump Signals Imminent End to Iran Conflict While Warning of Intensified Strikes
WASHINGTON: Donald Trump has indicated that the ongoing US-Israeli military campaign against Iran could conclude within weeks, even as he warned of an escalation in attacks before any resolution is reached. In a 19-minute prime-time address from the White House, Trump described the operation as a “decisive, overwhelming victory” and said the United States was “very close” to completing its objectives. “We are going to hit them extremely hard over the next two to three weeks,” he said, while adding that discussions were ongoing without outlining any clear diplomatic framework…
Read MoreHow far is war from the dinner table?
As we enter the fifth week of the war in the Middle East, most of the discussion so far has focused on oil, gas and the intensity of the energy shock. That concern is justified. But another danger is building more quietly, and it deserves attention before it becomes harder to manage. I am referring to the food security risks created by a prolonged war. To some, that may seem counterintuitive. The Middle East is not usually seen as the world’s granary. A war in the region should not, on…
Read MoreGovt Revises Solar Billing Mechanism, Curtails Net Metering Benefits
Islamabad: The federal government has introduced significant amendments to the billing procedure for solar power consumers, a move that is expected to substantially impact net metering benefits across Pakistan. According to reports, the revised billing mechanism alters how excess electricity generated by solar users is calculated and credited, raising concerns among consumers and industry stakeholders. The changes have reportedly been implemented despite existing agreements with solar consumers, triggering uncertainty within the renewable energy sector. A key feature of the new policy is the declaration of excess electricity as “zero” units.…
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