Pakistan

• Says purchase price increased by half since FY2022 and 250pc since FY2016 • Blames rupee devaluation for hike despite near same fuel prices ISLAMABAD: The price of electricity is expected to increase by one-fourth over the next eight years, according to a power division forecast, after a 50per cent increase in the past three years due to massive currency devaluation. The average tariff is projected at Rs29.70 per unit by 2034, up by Rs5.70 from the existing rate of Rs24, said the power division in a working paper shared with stakeholders in the last week of July. The report said the increase in tariffs over the last three years can largely be attributed to the rupee’s depreciation which led to “second round effects of inflation and a contractionary monetary policy that further escalated overall tariff”. The average power purchase rates increased by almost 50pc from Rs16.77 per unit to Rs24.88 between FY2022 and 2025. This included about a 115pc increase in annual capacity charges from Rs971bn to about Rs2.1...

BANNU - A police constable was martyred and three terrorists killed during a bloody encounter here Sunday.

ISLAMABAD - The Islamabad High Court (IHC) will Monday (today) resume hearing in a petition filed against closure of a road due to Baloch protestors in the federal capital.

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While China's model lifts millions out of poverty, Pakistan's IMF-driven reforms seem to deepen economic inequality

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Pakistan's high taxation disproportionately impacts legal sales compared to regional peers

Such reforms help Moscow rise from ashes to establish itself as one of global economy's bright spots

LAHORE: In an innovative development for Pakistan’s higher education system, Arizona State University (ASU) has officially entered into a joint venture with Pakistan by launching ‘the National Institute of Technology (NIT)’, the U.S. university’s first physical campus in Lahore. This is the first time a U.S. university has established a physical campus presence in the […]

Hollywood star Brad Pitt scored a major win with his racing drama ‘F1: The movie,’ which has earned $545.6 million at the worldwide box office so far. Click here to read more Lifestyle stories Released on June 27, the film generated $57 million in its opening weekend to become Apple’s highest-grossing theatrical release of all […]

BANGKOK: Thailand has imposed a significant change in new immigration guidelines for international travellers, using a digital arrival card (TDAC), replacing the traditional paper work TM6 form, effective May 1, 2025. According to the Thailand entry rules, all travellers must complete the TDAC at least 72 hours before they arrive. This requirement is now mandatory […]

KOTLI: Azad Kashmir police on Sunday arrested a suspect involved in the rape and murder of a six-year-old girl in the Khuiratta area of Azad Jammu and Kashmir. According to Kotli police, the suspect, identified as Mumtaz, worked near the victim’s residence and allegedly lured the child with toffees before taking her to a nearby […]

KARACHI: A motorcyclist lost his life after being hit and run over by a speeding bus near Pukhtoonabad in Karachi’s Manghopir area on Sunday. According to police, the victim was critically injured and shifted to a nearby hospital, where he succumbed to his injuries. The bus driver fled the scene following the accident but was […]

Pakistan suffers a two-wicket defeat against West Indies in second T20I

India and Pakistan to clash on September 14

The board issues blanket ban on future participation

He sets up last-eight clash with top-seeded Zverev, who received a walkover in his fourth round match

This is the seventh one-two finish of the season for McLaren out of 14 races

Buchra Warriors beaten in second semifinal