Ministry Reveals Heavy Tax Burden on Petrol Prices Amid Global Oil Crisis
Official Ministry of Energy documents disclose that taxes and profit margins account for 46% of petrol costs following the recent record-breaking price hike.
Pakistan Industrial Growth Surges as Surplus Power Package Delivers Twenty Billion Rupee Relief
Pakistan reports a significant boost in industrial and agricultural productivity following a successful three month surplus power initiative saving consumers over twenty billion rupees.
Pakistan GDP Grows 3.89% in Q2 FY26 Fueled by Industrial Rebound
National Accounts Committee reports 3.89% GDP growth for Q2 FY2025-26, led by a 7.4% surge in the industrial sector despite a slowdown in agricultural output.
Pakistan Approves Major Maritime Reforms to Expand Transshipment Operations
Government of Pakistan approves new initiatives for bulk, Ro-Ro, and LCL cargo to transform national ports into a competitive regional transshipment hub.
Pakistan and US Reaffirm Economic Partnership Amid Global Energy Challenges
Finance Minister Muhammad Aurangzeb and US Chargé d’Affaires Natalie Baker discuss expanding trade, energy reforms, and investment in technology and mining.
Pakistan Hikes Petrol and Diesel Prices to Historic Highs Amid Global Energy Crisis
Federal Ministers Ali Pervaiz Malik and Muhammad Aurangzeb announce massive fuel price increases and new targeted subsidies for bikers, farmers, and transport.
Pakistan Banking Sector Injects Rs235 Billion to Stabilize Power Sector Liquidity
Major Pakistani banks including Meezan, HBL, and NBP deploy Rs235 billion into the CPPA to manage circular debt and power sector cash flow constraints.
Barrick Gold Slows Reko Diq Development Amid Rising Security Risks
Barrick Gold Corporation delays the Reko Diq project timeline to 2027 citing regional security concerns and potential surges in capital expenditure costs.
Government Develops New Power Tariff Structure to Boost Industrial Daytime Operations
Federal Minister Awais Leghari and World Bank officials discuss a new Time of Use (ToU) tariff model to incentivize daytime solar energy consumption for industries.
Government Ends Billing Relief on Excess Solar Generation Beyond Approved Limits
The federal government introduces Export MDI checks for net metering, removing credit for surplus solar energy produced beyond a consumer’s licensed capacity.