PTI cries foul after leaders detained in G-B

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday alleged that its Khyber Pakhtunkhwa president, MNA Junaid Akbar, along with several party lawmakers and leaders, was “arrested” by the Gilgit-Baltistan government and administration during the party’s election campaign activities ahead of the June 7 general elections in the region. In a statement posted on X, the party claimed…

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‘New industrial power tariff optional’

Power Division says two-part policy offers lower variable rates, higher fixed charges; consumers free to stay on exist ISLAMABAD: The Power Division said on Thursday that the new two-part tariff policy for industries is optional, and industrial consumers will have the freedom to choose whether to opt for this alternative regime or remain on the…

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ECC restores Rs7b for MPs’ schemes

Okays Rs10.2b for submarines, Rs693m for peace talks, clears Rs100b loan guarantee ISLAMABAD: The government on Friday approved over Rs10 billion in additional budget for the development of submarines and also sanctioned nearly Rs700 million as a supplementary grant to cover expenses for holding the first round of US-Iran peace talks. The Economic Coordination Committee…

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Lower fuel demand masks deeper crisis

Fuel demand drop signals weaker economic activity and rising financial strain despite efficiency claims LAHORE: The government’s two-year energy conservation drive, aimed at cutting import costs and easing pressure on foreign exchange reserves, has led to a notable decline in petroleum consumption. However, while the measures have delivered some financial benefits, economists argue that their…

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CCP clears PIA acquisition by consortium

. ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by PIA Equity Limited, a special purpose vehicle formed by a consortium including Arif Habib Corporation, Fatima Fertiliser, Lake City Holdings, City Schools and AKD Group, according to a statement issued on Wednesday. The transaction…

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Fortinet highlights AI-driven cybersecurity

. KARACHI: Global cybersecurity and networking company Fortinet hosted its Fortinet Security Day 2026 forum in Karachi on Wednesday, bringing together cybersecurity leaders, technology experts and industry partners to discuss securing artificial intelligence and strengthening Pakistan’s digital ecosystem. Held under the theme “Securing the AI Journey”, the event featured discussions on AI-powered security, threat intelligence…

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