News Archive - Page 183

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Govt Nears Petrol Relief Plan for Bikers and Rickshaws

Govt Nears Petrol Relief Plan for Bikers and Rickshaws

The federal government says it is close to launching discounted petrol support for motorcycle and rickshaw owners. The relief plan is being shaped as rising global oil prices put added pressure on household transport costs in Pakistan.

Business
Kuwait Offers Fuel Support for Pakistani Vessels

Kuwait Offers Fuel Support for Pakistani Vessels

Kuwait has assured Pakistan of cooperation on diesel and jet fuel supplies for Pakistani-flagged vessels. The development comes as Islamabad seeks to strengthen energy security amid regional uncertainty.

Business
PSX tumbles as oil shock and bond yields hit investor mood

PSX tumbles as oil shock and bond yields hit investor mood

The Pakistan Stock Exchange slumped as a global oil shock and rising yields triggered a sharp risk-off move. Investors are increasingly worried about inflation, foreign outflows and the wider economic fallout from regional conflict.

Business
Saudi oil cargo bound for Pakistan crosses Hormuz route

Saudi oil cargo bound for Pakistan crosses Hormuz route

A Saudi crude cargo destined for Pakistan has transited the Strait of Hormuz despite sharply reduced maritime traffic. The movement highlights Pakistan's energy exposure as regional tensions continue to disrupt one of the world's key shipping lanes.

Business
Karachi likely to get rain as April begins, says Met Office

Karachi likely to get rain as April begins, says Met Office

Karachi is expected to receive rain in the first week of April as a strong westerly system moves toward Sindh. The Met Office says showers, winds and thunderstorms are possible, with clearer intensity estimates closer to landfall.

General
Punjab schools to reopen April 1 with full five-day week

Punjab schools to reopen April 1 with full five-day week

Punjab schools will reopen on April 1 after a temporary closure, with authorities restoring a full five-day, in-person schedule. The education minister also dismissed a widely shared four-day-school notification as fake.

General
Power crisis fears rise as Pakistan braces for summer shortfall

Power crisis fears rise as Pakistan braces for summer shortfall

Pakistan may head into summer with a serious electricity supply gap as LNG and coal constraints squeeze power generation. Officials are weighing costlier fallback options, with tariff hikes and load-shedding emerging as likely outcomes.

Business
Euronet, Keenu renew Pakistan payments partnership

Euronet, Keenu renew Pakistan payments partnership

Euronet Pakistan and Keenu have extended their partnership for a third five-year term to deepen digital payment services for merchants nationwide. The renewal is being positioned as a long-term investment in Pakistan’s evolving payments infrastructure.

Business
Karachi extends deadline for official vehicle number plates

Karachi extends deadline for official vehicle number plates

Karachi police have pushed the deadline for official number plates to April 1, giving motorists more time to comply. After that, a citywide crackdown will begin against fancy or unapproved plates and other traffic violations.

General
PIA restarts London flights after six years

PIA restarts London flights after six years

PIA has resumed direct London flights from Pakistan after a six-year break, signalling a major recovery milestone for the airline. Officials say the restart will benefit travellers and support plans to reopen more international routes.

Business
FBR opens probe into Rs48.4 crore reward payouts

FBR opens probe into Rs48.4 crore reward payouts

FBR has started probing reward payouts of Rs. 48.4 crore after fresh audit-related questions surfaced. The case puts the spotlight on accountability, internal controls and public-sector financial oversight.

Business
Iran clears 20 Pakistan-flagged ships through Hormuz

Iran clears 20 Pakistan-flagged ships through Hormuz

Iran has allowed 20 Pakistan-flagged ships to transit the Strait of Hormuz, easing immediate pressure on Pakistani trade and supply routes. The move is being seen as a meaningful diplomatic opening during a volatile regional crisis.

World