The federal government on Wednesday increased the prices of petroleum products for the next 24 hours, effective till Thursday (September 3). According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Wednesday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of Motor Spirit (petrol) has been increased by Rs2.29 per litre, taking it from Rs343.87 to Rs346.16 per litre. High Speed Diesel (HSD) has seen a smaller hike of Rs1.11 per litre, rising…
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Iran says US strike killed four at wedding in ‘war crime’ as US denies targeting civilians
Iran has accused the US of a war crime after officials said a missile strike killed four people including two children at a wedding celebration. The Iranian Red Crescent Society (IRCS) said shrapnel from a missile hit a family wedding ceremony at a home in southern Iran, causing the deaths. Iranian foreign ministry spokesman Esmaeil Baqaei called the incident a “war crime”. A US Central Command (Centcom) spokesperson said it “never targets civilians”, adding that it was aware of the reports. Iranian authorities said another 14 people were killed elsewhere.…
Read MorePakistan’s Five Refineries Poised to Sign $6bn Upgrade Agreements
ISLAMABAD: Pakistan is set to sign long-delayed agreements with five major oil refineries on Thursday, paving the way for more than $6 billion in planned investment to modernise ageing plants, boost domestic production of petrol and diesel, and reduce the country’s dependence on refined fuel imports. The agreements with Pak-Arab Refinery Ltd. (PARCO), Pakistan Refinery Ltd. (PRL), National Refinery Ltd. (NRL), Cnergyico and Attock Refinery Ltd. (ARL) are being finalised through a series of meetings between the Petroleum Division and Inter-State Gas Systems (ISGS), a senior Petroleum Division official told…
Read MoreSindh Cabinet Extends EV Incentives to 2028, Approves Key Local Govt Reforms
KARACHI: The Sindh Cabinet has approved a two-year extension of tax and registration incentives for non-commercial electric vehicles (EVs), while proposing a package of amendments to the Sindh Local Government Act, 2013 aimed at improving municipal services, institutional efficiency and accountability. The cabinet, chaired by Sindh Chief Minister Syed Murad Ali Shah, approved the extension of EV incentives from May 30, 2026 to May 29, 2028, in a move aimed at encouraging cleaner and more affordable transportation across the province. Under the extended incentive package, the registration fee for non-commercial…
Read MoreDying Indus Delta Poses Growing Threat to Coastal Livelihoods, Karachi’s Future
KARACHI: The rapid degradation of the Indus Delta is threatening coastal livelihoods and could increasingly expose Karachi to flooding, seawater intrusion and other climate-related risks, experts warned at a book launch ceremony held at the Arts Council of Pakistan. Once a thriving ecosystem supporting fisheries, agriculture and thousands of coastal communities, the delta is steadily drying, eroding and sinking due to inadequate freshwater and sediment reaching its lower reaches. The worsening conditions are making parts of Thatta, Sujawal and Keti Bandar increasingly difficult to inhabit and forcing communities to abandon…
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