PM Sharif Approves Cheaper RLNG Connections Nationwide
Prime Minister Muhammad Shehbaz Sharif on Wednesday approved the provision of RLNG connections to consumers awaiting gas connections, which will be supplied at 30% lower cost compared to LPG. Following this decision, Sui Northern and Sui Southern gas…
Shanghai Electric Ends $1.77bn Bid for K-Electric
Shanghai Electric Power (SEP) has terminated its long-awaited plan to acquire a majority stake in K-Electric (KE) for $1.77 billion, citing regulatory hurdles and shifting market conditions in Pakistan. The proposed deal, first initiated in 2016, aimed…
Global gold rally pauses after six-day surge
Gold and silver prices remained unchanged on Wednesday, holding firm at historic highs both in global and domestic markets. The pause comes after six consecutive sessions of gains, which pushed the metals to record levels. According to the All Pakistan…
Telenor Pakistan Celebrates AI Day to Drive Innovation and Future-Ready Skills
Telenor Pakistan marked AI Day with a series of interactive session, awards, discussion and Expo showcasing the transformative potential of Artificial Intelligence (AI) in reshaping industries, redefining skills, and influencing society. The initiative…
SBP Accused of Massive Mismanagement in Audit Report
The Auditor General of Pakistan (AGP) has uncovered financial irregularities worth more than Rs243 billion at the State Bank of Pakistan (SBP), raising sharp concerns over governance failures at the country’s top financial regulator. The audit for…
Hospitals on Alert as Rawalpindi Battles Dengue Surge
Major government hospitals in Rawalpindi continue to face pressure as dengue cases climb, with 12 new patients admitted on Tuesday. The Holy Family Hospital, Benazir Bhutto Hospital, and Rawalpindi Teaching Hospital are treating a total of 60 dengue…
Donated 13 emergency relief vehicles remains unutilized since 2005 earth quake
ISLAMABAD (Sept 10)– Fourteen vehicles donated to the Pakistan Institute of Medical Sciences (PIMS) for 2005 earthquake relief are set to be auctioned off. Donated by Iran and Spain, the vehicles were never used due to a lack of funds for maintenance and…
Apple Bets on Ultra-Thin iPhone to Spark Upgrade Cycle
Apple has unveiled its latest iPhone 17 lineup, with the new iPhone 17 Air stealing the spotlight as the thinnest smartphone in the company’s history. At just 5.6mm thick, the device introduces Apple’s most powerful A19 Pro chip, alongside a 40-hour…
Pakistani Rupee Edges Stable, Minor Movements in Global Currencies
The Pakistani rupee remained largely stable against the US dollar on Tuesday, trading at Rs 282.9 in the open market, while the selling rate stood at Rs 283.70. The interbank rate also hovered at Rs 282.9, reflecting little change from the previous…
Pakistan Stocks Slip after Rally, Banks and Energy Weigh
The Pakistan Stock Exchange (PSX) opened lower on Wednesday, with the benchmark KSE-100 Index losing nearly 400 points in the first half-hour of trading. At 9:40am, the index stood at 156,181.72, marking a decline of 381.80 points, or 0.24%. Analysts…
