Inflated bills follow prolonged outages

. LAHORE: As temperatures climb in Lahore, a wave of electricity outages has deepened public frustration, with residents questioning why soaring power bills persist even as supply remains unreliable. According to officials, electricity demand on the Lahore Electric Supply Company (LESCO) system has surged to around 2,400 megawatts, while supply from the National Power Control…

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FAMSUN to set up Tech Display Park

Platform will feature agri engineering solutions for researchers, farmers & entrepreneurs ISLAMABAD: In a landmark development aimed at accelerating Pakistan’s agricultural modernisation, the Pakistan Agricultural Research Council (PARC) and globally renowned Famsun Group of China have signed a Letter of Intent (LoI) to establish a Famsun Technology Display Park and promote cooperation in agricultural innovation,…

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Panda Bond raises hopes

KARACHI: Pakistan has tapped into China’s vast and growing financial system through its inaugural Panda Bond, opening a new low-cost funding channel with fewer political strings attached that policymakers and analysts believe could help diversify the country’s external financing sources beyond traditional dollar- and euro-denominated borrowing. The RMB1.75 billion ($250 million) sovereign bond, issued in…

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Switzerland sweep past Algeria

VANCOUVER: Switzerland’s Breel Embolo struck early and Dan Ndoye added a second after the break as they cruised to a 2-0 win over Algeria ​on Thursday and into the last 16 at the World Cup, where they will meet Colombia or Ghana back in Vancouver next week. The victory was ‌Switzerland’s first in the knockout stage since 1938, and they…

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PM urges population-resource balance

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday stressed that maintaining a balance between population growth and available resources was essential for sustainable development, saying that rapid population growth was placing increasing pressure on national resources and posing a major challenge to the country’s progress. Chairing a high-level meeting on population welfare, the prime minister said…

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President Zardari confers 47 military awards

3 personnel, including 1 officer, 2 jawans who embraced martyrdom, awarded Sitara-i-Basalat for acts of sacrifice ISLAMABAD: President Asif Ali Zardari on Thursday conferred 47 military awards upon distinguished officers and soldiers to recognise their exceptional bravery, leadership and meritorious services rendered for the defence of the country. The awards were conferred at the Investiture…

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Three cops martyred in Diamer attack

According to Express News, the bodies were found near the Mai Kolachi Road Phatak. PHOTO: PEXELS GILGIT: Armed terrorists attacked a police vehicle in the Thore area of Diamer on Monday, killing three officers and injuring four others, including a deputy superintendent of police (DSP), officials confirmed. The police officials came under attack as they…

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Fresh Israeli strikes test Lebanon ceasefire

BEIRUT/JERUSALEM: Israeli strikes in Lebanon killed at least 20 people on Saturday, Lebanon’s state news agency NNA said, one day after a ceasefire with Hezbollah took effect, aimed at halting months of escalating violence. In retaliation, Tehran’s Islamic Revolutionary Guard Corps had declared the Strait of Hormuz shut, appearing to raise the stakes ahead of…

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Alain Prost’s Swiss home robbed: reports

GENEVA: French four-time Formula One champion Alain Prost was injured during a violent robbery at his home in Switzerland, Swiss media reported Saturday. Switzerland’s biggest-selling newspaper Blick said Prost, 71, sustained a minor head injury during the attack, while one of his sons was forced to open the family safe and the assailants fled with…

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