Digital
SG Power Shifts Core Business From Energy to Healthcare and Pharmaceutical Sector
SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…
Pakistani Consumers Paid Double OGRA LPG Rate Amid Supply Fears Before US-Iran Ceasefire
Pakistani consumers may have incurred losses of up to Rs. 70 billion following a sharp increase in liquefied petroleum gas (LPG) prices that pushed rates to nearly twice the official price set by the Oil and Gas Regulatory Authority (OGRA). According to estimates shared by the Pakistan LPG Distributors Association, households across the country continued…
Gold Prices Plunge Over Rs. 10,000 Per Tola in Pakistan Amid Sharp Global Market Decline
Gold prices witnessed a significant decline in Pakistan on Tuesday, mirroring a sharp downturn in international bullion markets. The sudden drop brought relief to potential buyers while drawing attention from investors closely monitoring precious metal trends. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola fell by Rs.…
Pakistan Announces Public Holidays on June 25 and 26 for Ashura Observance
The federal government has officially declared public holidays on June 25 and 26, 2026, in observance of 9 and 10 Muharram-ul-Haram, marking the occasion of Ashura across Pakistan. The decision was approved by Prime Minister Shehbaz Sharif, following which the Cabinet Division issued a formal notification confirming the two-day holiday period. As a result, government…
Punjab Revenue Authority Launches Crackdown on Food Chains Over Tax Violations
The Punjab Revenue Authority (PRA) has announced plans to intensify action against major food chains allegedly involved in tax violations across the province. The move comes as authorities seek to strengthen tax compliance and improve revenue collection from businesses operating in the food and hospitality sector. During a recent review meeting, PRA Chairman Moazzam Iqbal…
UAE Announces 30-Day Grace Period for Residents Affected by Regional Travel Disruptions
The United Arab Emirates has introduced a 30-day grace period for individuals whose residency or visa status was impacted by recent regional travel disruptions, providing them with an opportunity to regularize their status or depart the country without facing financial penalties. According to the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the…
Punjab Food Authority Seizes 33,750 Kg of Expired Food Items in Lahore Warehouse Raid
The Punjab Food Authority (PFA) has seized 33,750 kilograms of expired food products during a major enforcement operation conducted at a warehouse belonging to a well-known food brand in Lahore. The raid was carried out by PFA enforcement teams under the directives of Director General Syed Musa Raza. The warehouse, located on Raiwind (Jati Umra)…
Sindh Cabinet Approves 7% Salary Hike and 5% Pension Increase in Budget 2026-27
The Sindh Cabinet has formally approved the provincial budget for the fiscal year 2026-27, setting the stage for its presentation in the Sindh Assembly in the coming days. The approval marks a key policy step as the provincial government finalizes its spending priorities for the new financial year. According to details shared after the cabinet…
Environmentalists Raise Concerns Over Attempts to Revisit Landmark Margalla Hills Verdict
Friends of Margalla Hills National Park (MHNP) has voiced concern over recent legal proceedings that appear to revisit the landmark court decisions that resulted in the removal of Monal Restaurant and other commercial establishments from within the protected boundaries of Margalla Hills National Park. The environmental group stated that the judgments delivered by the Islamabad…
Pakistan’s Power Sector Circular Debt Surges Over 1,200% Compared to Last Year
Pakistan’s power sector continues to face financial challenges as circular debt recorded a sharp increase during the current fiscal year, highlighting persistent structural issues within the energy sector despite an overall reduction in debt levels compared to the previous year. According to data compiled by Arif Habib Limited using figures from the Ministry of Energy,…