Category: Latest News

Pakistan Air Force fighter jets lit up the skies over Islamabad and Rawalpindi on Friday during a rehearsal for the upcoming ceremony marking the first anniversary of Marka-i-Haq. Residents of the twin cities witnessed a spectacular aerial display as PAF aircraft carried out practice maneuvers ahead of the official commemorative event scheduled for Sunday at the Pakistan Monument located at Zero Point. According to sources, the ceremony will be attended by Pakistan’s top civilian and military leadership to commemorate what officials describe as the country’s victory against India last year.…

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The government on Friday announced a significant increase in petroleum prices, raising petrol by Rs14.92 per litre and high-speed diesel (HSD) by Rs15 per litre. Following the latest revision, the new price of petrol has reached Rs414.78 per litre, while HSD will now be sold at Rs414.58 per litre. According to a notification issued by the Petroleum Division, the revised prices came into effect from May 9. Petrol is primarily consumed by private vehicles, motorcycles, rickshaws, and small transport operators, directly impacting middle- and lower-middle-income households. High-speed diesel, on the…

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WASHINGTON: The Executive Board of the International Monetary Fund has approved the latest review of Pakistan’s economic reform programme, unlocking approximately $1.32 billion in financing under the ongoing Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF). The approval enables Pakistan to receive nearly $1.1 billion under the EFF and around $220 million under the RSF, bringing total disbursements under the two arrangements to about $4.8 billion. Finance Minister Muhammad Aurangzeb welcomed the decision, describing it as a strong endorsement of Pakistan’s continued implementation of difficult but necessary economic…

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KARACHI (May 8): Sindh Chief Minister Syed Murad Ali Shah, presiding over the 52nd meeting of the Public-Private Partnership (PPP) Policy Board, approved and deliberated upon a wide range of strategic infrastructure, education, transport, technology and industrial development projects aimed at accelerating Sindh’s socio-economic growth through public-private partnerships. The meeting, held at CM House, was attended by provincial ministers Sharjeel Inam Memon, Nasir Shah, Jam Khan Shoro, Ismail Rahu and Ziaul Hassan Lanjar, CM’s Special Assistant Syed Qasim Naveed, MPAs Ghulam Qadir Chandio and Qasim Soomro, Chief Secretary Asif Hyder…

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ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday launched a landmark 100-megawatt solar energy project for Gilgit-Baltistan aimed at providing affordable and clean electricity to nearly 1.3 million residents while addressing the region’s chronic power shortages. The ambitious renewable energy initiative includes utility-scale solar plants, rooftop solarisation, battery energy storage systems, and free solar panel distribution for households and small businesses. The project is being executed under the supervision of a steering committee formed by the prime minister and headed by Federal Minister for Power Awais Ahmad Khan Leghari. According to…

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