Government Designates PSO as Sole Importer of Diesel for FY2026-27
The federal government has designated Pakistan State Oil (PSO) as the exclusive importer of high-speed diesel (HSD) for the 2026-27 fiscal year, preventing private oil marketing companies (OMCs) from importing diesel into the country. Under the new policy, private OMCs will continue to
Pakistan’s Economy Stabilizes, but Public Still Faces Financial Pressure
Pakistan has made significant progress in avoiding an economic crisis over the past four years, but the country has yet to transition from economic stabilization to sustainable growth. While key financial indicators have improved, many households continue to struggle with the rising cost
PKR Gains Against US Dollar, Weakens Against Pound and Euro
The Pakistani rupee (PKR) extended its positive run against the US dollar, posting its 201st consecutive gain in the interbank market. At the close of trading, the rupee appreciated by one paisa against the US dollar, ending the session at Rs. 277.95 per
CDA Opens Public Consultation on New Islamabad Enclave Housing Project
The Capital Development Authority (CDA) has started the public consultation process for the revised and expanded layout plan of the New Islamabad Enclave housing project in Zone-5, inviting objections and feedback before granting final approval. According to an official notice issued by the
Petrol, Diesel Prices Raised Again Across Pakistan
The federal government has announced another increase in petroleum prices, raising the rates of both petrol and high-speed diesel (HSD) with immediate effect. According to the latest revision, the price of petrol has been increased by Rs. 4.93 per litre, taking the new
Spain Defeat Argentina in Extra Time to Lift 2026 FIFA World Cup
Spain were crowned champions of the 2026 FIFA World Cup after edging defending champions Argentina 1-0 in an intense extra-time final at MetLife Stadium. Ferran Torres scored the decisive goal to hand Spain their second World Cup title and first since their historic
PCB Makes Padel Mandatory for Pakistan Cricketers During Training Camps
The Pakistan Cricket Board (PCB) has introduced mandatory padel sessions for national cricketers attending long-duration training camps at the National Cricket Academy (NCA) as part of its efforts to improve player fitness and fielding standards. To support the initiative, the PCB has established
Maryam Nawaz Promises Electric Bikes, Loans, and Scholarships for AJK
Punjab Chief Minister Maryam Nawaz has announced a range of welfare and development initiatives for Azad Jammu and Kashmir (AJK), pledging to introduce them if the Pakistan Muslim League-Nawaz (PML-N) forms the government in the region. Speaking at an election rally in Muzaffarabad,
KP Government to Purchase Two Rescue Helicopters for Disaster Response
The Khyber Pakhtunkhwa (KP) government has decided to acquire two new helicopters to improve its disaster response and rescue capabilities across the province. The announcement was made by KP Law Minister Aftab Alam during a session of the provincial assembly on Tuesday. The
Miftah Ismail Says Pakistan’s Economy Favors the Elite
Former Finance Minister Miftah Ismail has said that Pakistan does not have a true free market economy. Instead, he believes the country’s economic system mainly benefits powerful groups and large businesses, while ordinary people and consumers end up paying the price. Speaking during
