• Announces Rs42,000 as minimum wage• Condemns aggression gaianst Palestine, IranKARACHI (June 19): Sindh Chief Minister Syed Murad Ali Shah, concluding debate on the budget 2025-26, delivered a comprehensive address in the Sindh Assembly, lauding Pakistan’s unified national response during the recent conflict with India and highlighting the crucial diplomatic and political role played by PPP Chairman Bilawal Bhutto Zardari.He began by congratulating the service chiefs, armed forces, President, Prime Minister, provincial governments, media, and political workers for their collective and coordinated effort. “Our national unity led us to success,”…
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Power Division Blocks Rs4.69/Unit FCA Relief for KE Consumers, Cites Push for Uniform Tariff Policy
ISLAMABAD: In a controversial move, the Power Division has blocked a proposed Rs4.69 per unit relief in Fuel Charges Adjustment (FCA) for K-Electric (KE) consumers for April 2025, citing a new government policy aimed at uniform FCA implementation across all electricity users nationwide. The decision emerged during a National Electric Power Regulatory Authority (NEPRA) public hearing, where Additional Secretary (Power Finance) Mehfooz Bhatti requested deferral of KE’s FCA application. The Power Division submitted a formal request letter dated June 23, 2025, but did not make it public. NEPRA Chairman Waseem…
Read MoreGovt to Recover Rs1.938 Trillion from Power Consumers Over Six Years via Uncapped Surcharge
ISLAMABAD: The federal government plans to recover Rs1.938 trillion (\$6.7 billion) from electricity consumers across Pakistan over the next six years through an uncapped Debt Service Surcharge (DSS) of Rs3.23 per unit, according to sources in the Power Division. The Central Power Purchasing Agency-Guaranteed (CPPA-G), acting on behalf of DISCOs, will finalize agreements with 18 commercial banks once asset valuations of some power distribution companies are clarified. Banks involved include HBL, NBP, UBL, Meezan, Bank Alfalah, and MCB among others. The exact amount to be raised remains under review—estimated between…
Read MoreAtlas Honda to Launch Electric Scooter This Fiscal Year Under National EV Policy
Atlas Honda has announced plans to launch an electric scooter tailored for the Pakistani market within the current fiscal year, marking a significant step toward cleaner transportation in line with the National Electric Vehicle (EV) Policy. The company shared the news in an official notice to the Pakistan Stock Exchange (PSX), stating it is working closely with regulatory bodies to secure the necessary approvals for a smooth rollout. The move follows the government’s unveiling of the new EV policy, which aims to promote sustainable, affordable, and locally-manufactured transport solutions. Special…
Read MoreTrump Announces Ceasefire Between Israel and Iran, Urges Compliance as Missile Threat Eases
Former U.S. President Donald Trump announced via Truth Social that a ceasefire he claimed to have brokered is now officially in effect. “The ceasefire is now in effect. Please do not violate it!” Trump posted, calling for restraint from all parties involved. Meanwhile, the Israeli military has eased safety measures for civilians, stating that residents no longer need to stay near bomb shelters following a wave of Iranian missile strikes that killed four people in southern Israel. “Following a situational assessment, the Home Front Command has announced that the requirement…
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