Govt invites bids for privatisation of three Discos

ISLAMABAD: The government has formally invited expressions of interest from local and international investors for the privatisation of three major electricity distribution companies(DISCOs): Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO), according to a statement on Tuesday. Investors can acquire between 51% and 100% shareholding with management…

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Djokovic trying to hold back time

Novak Djokovic comes to Paris having played just one match on clay this year. Photo: AFP/File LONDON: Novak Djokovic arrives at Roland Garros this year facing a familiar opponent, but one that cannot be outmanoeuvred even by the record 24-time Grand Slam champion: time. The Serbian, who turns 39 this week, is no longer the…

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Punjab’s school enrolment crisis continues to deepen  

Experts believe weak administration, teacher absenteeism, political interference worsening the situation LAHORE: Despite Punjab being considered the educational hub of Pakistan, millions of children in the province are still out of school. Government and international reports show that poverty, inflation, shortage of teachers, lack of basic facilities, and financial difficulties faced by parents have become…

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Pakistan reopens offshore exploration frontier after two decades

Petroleum Minister Ali Pervaiz Malik witnesses the signing ceremony of Production Sharing Agreements and Exploration Licences for offshore exploration blocks awarded under the Offshore Bid Round 2025, on Wednesday. Photo: Facebook Pakistan formally reopened its offshore exploration frontier after nearly two decades on Wednesday as the government signed Production Sharing Agreements (PSAs) and Exploration Licences…

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Guardiola swerves Man City exit talk

LONDON: Pep Guardiola said he would speak to Manchester City’s hierarchy over his future after a 1-1 draw at Bournemouth ended his team’s hopes of winning the Premier League. The result at the Vitality Stadium confirmed Arsenal as English champions after a 22-year wait. City are four points behind their rivals with just one game…

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Bahawalpur meets 80% of cotton target

Secretary agriculture sees stable prices, improved market as seed cotton crosses Rs11,000/maund LAHORE: Punjab’s cotton sector has shown encouraging signs ahead of the peak sowing season, with Bahawalpur division achieving about 80% of its cultivation target as authorities expressed optimism over stable international prices and improved local market conditions. The development came during a high?level…

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