Category: Breaking News

Petrol

Pakistan Faces Fuel Crisis? Petrol Dealers Reveal 50% Supply Cut, Warn of Worsening Shortages

Petroleum dealers blame reduced fuel deliveries and rising global oil prices for growing supply concerns, while oil marketing companies cite customs delays and oppose the proposed daily fuel pricing mechanism. Pakistan is facing growing concerns over fuel availability after petroleum dealers alleged that oil marketing companies (OMCs) have cut petrol supplies to filling stations by […]
Nepra

Nepra Approves Rs200 Billion Grid Cost Recovery, Electricity Bills May Rise From August

Nepra has authorized the recovery of Rs200 billion in National Grid system costs through power distribution companies, raising concerns over higher electricity tariffs for consumers from August 1, 2026. Islamabad: Pakistan’s power consumers may face another increase in electricity bills after the National Electric Power Regulatory Authority (Nepra) approved the recovery of Rs200 billion in […]
Hormuz

PSX Crashes Over 4,200 Points as Hormuz Crisis Triggers Massive Investor Sell-Off

Escalating geopolitical tensions surrounding the Strait of Hormuz triggered a broad-based sell-off at the Pakistan Stock Exchange, with soaring oil prices fueling fears of inflation and economic uncertainty. Pakistan’s stock market suffered a dramatic setback on Tuesday as escalating tensions between the United States and Iran sparked panic selling, sending the benchmark KSE-100 Index tumbling […]
Farrukh Khokhar

Courtroom Drama Unfolds as Farrukh Khokhar Receives Life Sentence in Majid Satti Killing

Rawalpindi court convicts three accused in the 2022 Majid Satti murder case, ordering immediate custody of the convicted men after announcing the verdict. RAWALPINDI: A Rawalpindi sessions court on Tuesday sentenced the main accused, Farrukh Khokhar, to life imprisonment in the high-profile Majid Satti murder case and ordered his immediate arrest inside the courtroom after […]
Pakistan

Prime Minister’s Approval Could Unlock Long-Stalled Grade 22 Promotions for Top Civil Servants

Pakistan’s High Powered Selection Board is expected to meet in early August to consider long-pending Grade 22 promotions for senior civil servants after a 15-month delay. Pakistan’s long-delayed promotion process for senior civil servants could finally resume in early August as the High Powered Selection Board (HPSB) is expected to convene for the first time […]
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