Author: Admin

Panasonic Targets Breakthrough EV Battery Within Two Years

Admin
New-Panasonic

TOKYO: Panasonic is aiming to roll out a groundbreaking higher-capacity electric vehicle (EV) battery within the next two years, in a move that could significantly boost Tesla’s vehicle range and competitiveness. The Japanese electronics giant revealed it is working on an anode-free battery technology that could raise energy density to a “world-leading level” by the end of 2027. If successful, the innovation could increase battery capacity by 25%, extending the driving range of Tesla’s Model Y by nearly 90 miles (145 km) without changing battery pack size. Alternatively, Panasonic could…

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2.9 Million Pakistanis Move Abroad in Three Years Amid Economic Strain

Admin
New-Economy

ISLAMABAD: Nearly 2.9 million Pakistanis have left the country in the past three years in search of better livelihoods, underscoring deepening economic distress and shrinking job opportunities at home, official data revealed on Wednesday. According to the Protectorate of Emigrants, between 2022 and September 15, 2025, a total of 2,894,645 people moved abroad, collectively paying Rs2.66 billion in emigration-related fees. The departures span a wide spectrum—from highly qualified professionals such as doctors, engineers, IT experts, teachers, architects, and bankers, to skilled workers including drivers, plumbers, and welders. A growing share…

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Govt Seeks IMF Nod for Flood-Hit Consumers’ Power Relief Package

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Shabaz-IMF

ISLAMABAD: The government has approached the International Monetary Fund (IMF) to secure approval for a special electricity bill relief package for consumers in flood-affected areas, with Prime Minister Shehbaz Sharif expected to formally announce the measure in the coming days. During a briefing to the National Assembly Standing Committee on Power on Wednesday, Secretary Power Dr Fakhray Alam Irfan said the IMF requires detailed data before approving any proposal. He confirmed that a one-month waiver of electricity bills for August 2025 has already been announced, while surveys are underway to…

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Power Tariff Likely to Rise by Rs0.91 per Unit on August Fuel Adjustment

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New-NEPRA

ISLAMABAD: Electricity consumers may see their bills increase by up to Rs0.91 per unit as the National Electric Power Regulatory Authority (NEPRA) considers a fuel cost adjustment (FCA) for August 2025. NEPRA has scheduled a public hearing on September 29 on a petition filed by the Central Power Purchasing Agency–Guarantee Limited (CPPA-G), which has sought an upward adjustment of Rs0.1911 per kilowatt-hour (kWh) over the reference fuel price due to higher generation costs. According to CPPA-G’s filing, the average fuel cost of electricity generation stood at Rs7.5059/kWh, compared with the…

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Pakistan, Saudi Arabia Sign Landmark Mutual Defense Pact

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Pak-Saudi

ISLAMABAD: Pakistan and Saudi Arabia on Wednesday signed a historic Strategic Mutual Defense Agreement, pledging that any aggression against either country would be considered aggression against both, according to a joint statement issued in Riyadh. The agreement was signed during Prime Minister Shehbaz Sharif’s official visit to the Kingdom at the invitation of Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud. “Building on the historic partnership extending nearly eight decades, and rooted in bonds of brotherhood, Islamic solidarity, and shared strategic interests, both leaders signed…

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