Author: Admin

ISLAMABAD: The Pak-Matiari Lahore Transmission Company (PMLTC) has formally requested the clearance of overdue payments amounting to Rs60.752 billion from the Central Power Purchasing Agency-G (CPPA-G) and the National Grid Company (NGC) under the Transmission Services Agreement (TSA). In a letter addressed to the Managing Director of NGC, PMLTC Chairman and CEO Xiong Feng referred to the legally binding TSA signed on May 14, 2018. Citing Section 9.5 of the agreement, he emphasised that the purchaser is required to settle invoiced amounts within 30 days of receipt. According to PMLTC,…

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ISLAMABAD/KARACHI: The Pakistan Airports Authority (PAA) has announced the temporary suspension of selected commercial air routes within the Karachi and Lahore Flight Information Regions (FIRs) during specified hours, citing the deteriorating security situation in the Middle East. According to a Notice to Airmen (NOTAM) issued on Monday, designated air routes within the Karachi and Lahore FIRs will remain closed daily from 9:00am to 3:00pm from March 3 to March 31. During these hours, the affected airspace will not be available for commercial flight operations. The move comes amid escalating tensions…

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ISLAMABAD: A senior Pakistani security official on Monday said that “Operation Ghazab Lil Haq” would continue until the Afghan Taliban government provides verifiable guarantees that it will stop facilitating militant groups targeting Pakistan. According to the official, the operation will persist until Kabul halts support for what he described as “Fitna al-Khwarij” and “Fitna al-Hindustan,” alleging that these groups are operating from Afghan soil against Pakistan. The operation was launched late Thursday following renewed clashes along the Pakistan-Afghanistan border, after Afghan Taliban forces reportedly opened fire on multiple Pakistani positions.…

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The Middle East conflict has sharply intensified, with Israel and the United States launching strikes against targets in Iran, triggering a widening security crisis across the region and raising concerns over energy security and global stability. Israeli Strikes and Lebanon Evacuation Orders The Israeli military has expanded its operations, issuing fresh evacuation warnings across Lebanon. According to the Israel Defense Forces (IDF), residents in nearly 50 locations were urged to leave immediately, particularly in southern Beirut neighbourhoods Ghobeiry and Haret Hreik. In a statement posted on Telegram by IDF Arabic-language…

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ISLAMABAD: Ongoing negotiations between Pakistan and the International Monetary Fund (IMF) moved to a virtual format on Monday after the Fund’s staff mission relocated from Islamabad to Istanbul due to escalating regional tensions following US and Israeli attacks on Iran. The IMF mission, led by Iva Petrova, had begun in-person discussions in Karachi and Islamabad on the third review of Pakistan’s $7 billion Extended Fund Facility (EFF) and the second review of the $1.1bn Resilience and Sustainability Facility (RSF). However, an advisory from the IMF headquarters prompted the delegation’s immediate…

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