LAHORE: Prime Minister’s Adviser on Political Affairs Rana Sanaullah Khan has said any move to create new provinces is still at an early stage and may take six to eight months to go through parliament and its committees, making it clear that his party PML-N has not initiated the project. Speaking at a meeting with journalists here on Sunday, he said that if a proposal for new provinces was formally brought before parliament, every political party and member would have an opportunity to express an opinion. He said the matter…
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Govt raises petrol price by Rs4.42, diesel by Rs6.10
The government further increased the price of petrol by Rs4.42 per litre and high-speed diesel (HSD) by Rs6.10 per litre, effective from Tuesday, September 15, 2026, marking the sixth consecutive hike in petroleum prices. According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Monday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of Motor Spirit (petrol) was raised by Rs4.42 per litre, taking it from Rs375.82 to Rs380.24 per litre. HSD saw…
Read MoreNo Breathing Space for Industry: FPCCI Denounces SBP for Holding Policy Rate at 11.5%
Atif Ikram Sheikh warns contractionary policy is killing exports, SMEs and industrial revival amid 18.1% jump in trade deficit Karachi, September 14, 2026 – Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed strong disappointment over the State Bank of Pakistan’s decision to maintain the status quo and keep the key policy rate unchanged at 11.5%. Terming the decision “highly contractionary and counterproductive”, the apex trade body warned that holding the benchmark interest rate at an oppressive level will continue to…
Read MoreGovernment Explains How to Get Rs100 per Litre Petrol Subsidy
ISLAMABAD: The government has explained the procedure for availing a Rs100 per litre petrol subsidy under its fuel relief scheme. Addressing a press conference in Islamabad alongside Federal Ministers Atta Tarar and Ali Pervez Malik, Minister for IT Shaza Fatima said the scheme would provide relief to owners of two-wheelers, three-wheelers and vehicles with engine capacity of up to 800cc. Shaza Fatima said owners of two- and three-wheelers would be eligible for relief on 20 litres of petrol, while owners of vehicles up to 800cc would receive the subsidy on…
Read MoreIllegal Mangrove Cutting for Land Reclamation Threatens Karachi’s Korangi Creek
KARACHI: Illegal cutting of mangroves and land reclamation at Karachi’s Korangi Creek has raised serious environmental concerns, with encroachers allegedly clearing mangrove areas to reclaim land near the Mangrove Biodiversity Park. While mangroves are routinely cut illegally for firewood, the latest activity involves uprooting mangroves and constructing earthen bunds to restrict tidal water from reaching the trees, according to observations at the site. The Sindh Forest Department (SFD) has confirmed that the activity is taking place on land under its jurisdiction. However, officials said efforts to intervene had been complicated…
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