ISLAMABAD: The Petroleum Division has opposed increasing the petroleum levy tax target and suggested cutting it to Rs1 trillion while reducing the rate to Rs50 per litre until global prices remain high, warning that higher levies were creating affordability issues and threatening social stability. The division has submitted its budget 2026-27 recommendations to the finance…
The weather of Lahore delivered a pleasant relief to its residents as heavy rain and hail brought down the temperature on Wednesday. Areas including Mall Road, Jail Road, and Gulberg experienced heavy downpour accompanied by gusty winds, turning the weather cool and pleasant. The Pakistan Meteorological Department (PMD) weather monitoring report issued at 3:30pm stated…
ISLAMABAD: The dying solar net metering has rescued Pakistan from daytime load shedding at a time when the country is undergoing the worst power crisis. Meanwhile, the authorities have ramped up furnace oil-based power generation to full capacity while delaying scheduled maintenance at nuclear plants in an effort to sustain electricity supply amid worsening LNG…
Police presents documentary evidence comprising more than 500 pages against the suspects KARACHI: The District and Sessions Judge South has reserved the verdict on the bail applications of the alleged facilitators of accused Anmol alias Pinky in a narcotics case. During the hearing, the investigating officer submitted significant evidence against the accused facilitators before the…
Activation of China route as energy corridor can prove to be windfall for Pakistan, complemented by 923-hectare free t ISLAMABAD: The idea of developing a modern port at Gwadar goes back to 1954, when a survey by the United States Geological Survey (USGS) convinced Pakistan of its strategic importance. However, it took us 54 years…
Initial reports suggest accident occurred due to alleged negligence and reckless driving by the van driver At least 16 people were killed and seven others injured in a tragic traffic accident on the Swat Expressway. PHOTO: EXPRESS RAWALPINDI: At least 16 people were killed and six others injured in a traffic accident on the Swat…
MQM lawmakers halt proceedings with fiery protest over city’s worsening water shortage Leader of the Opposition Ali Khurshidi said several areas, including Gulshan-e-Iqbal and Orangi Town, were facing severe water scarcity. PHOTO: VIDEO GRAB KARACHI: Tempers flared and proceedings descended into chaos in the Sindh Assembly on Monday as lawmakers from the Muttahida Qaumi Movement-Pakistan…
KARACHI: Despite witnessing sharp swings throughout the week and briefly slipping below the key 170,000-point level, the Pakistan Stock Exchange (PSX) gained 1.13% week-on-week to close at 172,400 points. It staged a strong recovery on Friday, adding 1.6% in a single session after reports that planned US strikes on Iran had been called off, boosting…
Son Heung-min answered questions about his form in convincing fashion on Saturday, netting twice as South Korea thrashed Trinidad and Tobago 5-0 in a World Cup warm-up friendly. The 33-year-old has been under some scrutiny ahead of the World Cup, with the forward yet to score for Los Angeles FC in Major League Soccer this…
K-P Chief Minister Sohail Afridi takes notice of explosion, seeks report from inspector general of police DERA ISMAIL KHAN: At least seven people, including two traffic police personnel, were killed and 23 others injured in an explosion in the Sarai Naurang tehsil of Lakki Marwat in Khyber-Pakhtunkhwa (K-P) on Tuesday, according to Bannu DIG Sajjad…