Minister eyes EU investment in grid modernisation

ISLAMABAD: Federal Minister for Power Sardar Awais Ahmed Khan Leghari has briefed a visiting European Union delegation on the comprehensive transformation under way in Pakistan’s power sector, highlighting four strategic areas for modernisation and inviting European investors to participate in the country’s ongoing privatisation and infrastructure initiatives, according to a statement issued on Monday. The…

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Food prices outpace official rates across metropolis

LAHORE: The gap between official price lists and actual market rates has continued to widen this week, leaving consumers to absorb the impact across Lahore’s retail markets. Poultry prices remained largely stagnant on paper but told a different story on the ground. Live chicken was officially fixed at Rs397–411 per kilogramme and remained unsold in…

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KCCI urges conservation as petrol hits Rs458

Chamber says global prices have doubled; calls for carpooling, limiting non-essential travel KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has called on citizens to adopt responsible fuel consumption habits as petroleum prices continue to rise in line with global market trends. Sharing his views with The Express Tribune, KCCI President Rehan Hanif emphasised…

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Pervez Elahi is not joining PPP

Former Chief Minister and Pakistan Tehreek-e-Insaf (PTI) President Chaudhry Pervez Elahi is accused of making illegal appointments in the Punjab Assembly during his tenure, according to the provincial anti-corruption body ACE.—File photo LAHORE: The Pakistan Peoples Party (PPP) has denied rumours that PTI President Parvez Elahi is joining the party and could be appointed as…

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Pakistan set for FIH Pro League debut

Pakistan hockey team players celebrate after scoring during their emphatic 7-2 win over Malaysia in the Sultan of Johor Cup match held in Johor Bahru on Saturday. Photo: X The Pakistan men’s national field hockey team is preparing for a crucial stretch in 2026 after securing qualification for the FIH Men’s Hockey World Cup 2026,…

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Hamdard Pakistan celebrates 3rd Shaheed

The event reaffirmed Hamdard Pakistan’s pledge to drive national social growth, holistic health, and future prosperity With more than 800 guests in attendance, Hamdard Pakistan recently hosted the 3rd Shaheed Hakim Mohammed Said Awards at the Governor’s House, Lahore. Centred on the theme “Wellness Redefined,” the event celebrated visionary leaders who are actively shaping a…

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Govt mulls trade bloc with Iran, Oman

Plan under study to connect Gwadar with ports of Iran and Oman to make it re-export hub ISLAMABAD: A plan is under study to form a bloc comprising Pakistan, Iran and Oman to ramp up regional trade and give a boost to trade activities at Gwadar Port. “In future geopolitical policymaking, Pakistan, Iran and Oman…

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SBP reserves jump $730m on Eurobond

KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $730 million during the week ended April 24, 2026, supported primarily by Eurobond proceeds. According to data released on Thursday, the SBP’s reserves climbed to $15.83 billion, reflecting an improvement in the country’s external liquidity position after recent pressure when…

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Auto policy shrouded in secrecy

The three Japanese carmakers lacked innovation and competitiveness, despite the incentives offered to them in the previous policies, said government officials as they announced the auto policy. PHOTO: FILE KARACHI: Pakistan’s upcoming auto policy for 2026-31 is facing growing criticism from industry stakeholders over an unusual lack of transparency, with key players claiming they remain…

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