Power capacity jumps 8.5% to 49,651MW

Solar panel. Photo: ANADOLU AGENCY ISLAMABAD: The installed capacity of electricity jumped to 49,651 MW, reflecting an 8.5% increase mainly due to the addition of power through solar net metering, according to data from the Economic Survey 2025-26 released on Thursday by the Economic Adviser’s Wing of the Finance Division and unveiled by Finance Minister…

Read More

China renews call on US, Iran to halt fighting, return to dialogue

Military conflict to only ‘escalate the situation,’ Chinese Foreign Ministry says Chinese Foreign Ministry’s spokesperson Lin Jian. PHOTO: REUTERS China on Thursday renewed its call for the US and Iran to halt fighting and return to dialogue. Beijing is “gravely” concerned about the situation, Foreign Ministry spokesperson Lin Jian told reporters. Military conflict will only…

Read More

First deep conversion refinery planned in Hub

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a meeting with a delegation of SPEC Refinery (Pvt) Ltd, led by its Chairman Zafar Sheikh, to discuss the development of Pakistan’s first Deep Conversion Greenfield Refinery Project planned in Hub, Balochistan. The delegation briefed the minister on the project’s progress and highlighted its strategic importance…

Read More

Finance minister presents Economic Survey 2025-26 ahead of budget

Finance Minister Muhammad Aurangzeb is presenting the Pakistan Economic Survey, outlining key economic indicators ahead of the federal budget announcement. Aurangzeb said the Economic Survey was an important document, but it also told the story of the past year, adding that the country faced economic uncertainty during the previous year, followed by floods and subsequent rescue…

Read More

Indus Treaty suspension raises global concerns

Minister warns of rising unilateralism as Spain envoy discusses climate, energy cooperation ISLAMABAD: Federal Minister for Climate Change and Environmental Coordination Dr Musadik Malik has warned that the international system is moving from multilateralism towards increasing unilateralism, citing the suspension of the Indus Waters Treaty as a troubling precedent for rules-based cooperation. He made the…

Read More

Aleema Khan raises concerns over Imran’s safety, fears poisoning in jail

She claims that PTI founder was being kept in isolation under conditions unprecedented for political leader LAHORE: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan’s sister, Aleema Khan, on Thursday voiced concern over her brother’s prison conditions, saying there were fears that he may have been poisoned. Speaking to the media outside the anti-terrorism court (ATC) in…

Read More

Pakistan, Egypt discuss regional developments, agree to stay in contact

Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephonic conversation on Thursday with Egypt’s Foreign Minister Badr Abdelatty, during which the two sides discussed regional developments and underscored the importance of continued dialogue and diplomatic engagement, according to the Ministry of Foreign Affairs (MoFA). In a post on X, MoFA said the two foreign ministers…

Read More

PSX turns volatile after retaliatory US strikes

KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained highly volatile on Wednesday as investors reacted cautiously to the escalating geopolitical tensions, triggering sharp intra-day fluctuations in the benchmark KSE-100 index. The market opened on a positive note, with the index gaining 25.95 points (+0.02%) to reach 170,356.51 at 9:44 am. However, investor sentiment stayed…

Read More