13 h. ago Pakistan needs to shift toward renewable energy to keep industries competitive

KARACHI – Sindh Minister for Energy Syed Nasir Hussain Shah has said that shifting toward renewable energy was essential to

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3 d. ago SECP releases white paper on transitioning to new pension scheme

The Securities and Exchange Commission of Pakistan (SECP) has published a White Paper following the National Workshop on Transitioning to a Defined Contribution (DC) Pension Scheme. The workshop convened senior representatives from federal and provincial governments, the insurance and pension fund industries, and international development partners to discuss the shift from Pakistan’s fiscally unsustainable Defined […]

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9 d. ago Energy minister pushes to limit profits on solar net metering amid power sector reforms

ISLAMABAD — Federal Energy Minister Owais Leghari has renewed efforts to convince the federal cabinet to end provincial taxes on electricity bills and limit profits from solar net metering, despite opposition from provincial governments. He plans to present a revised plan within one to two weeks that would extend the current one to one-and-a-half-year return […]

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1 week ago Zardari greenlights law to regulate crypto and digital assets

President Asif Ali Zardari has approved the Virtual Assets Act, 2025, establishing the Pakistan Virtual Asset Regulatory Authority (PVARA). This new federal authority will license, regulate, and supervise all entities dealing in digital assets. The Federal Cabinet endorsed the creation of the authority earlier this week. This marks a major shift in how Pakistan plans […]

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1 week ago Thar rail project set to power Pakistan with affordable energy, says railways minister

The Thar rail connectivity project is moving closer to completion, promising a major shift in Pakistan’s energy landscape. During a recent progress meeting, Federal Minister for Railways Muhammad Hanif Abbasi said the project will enable direct transport of Thar’s indigenous coal to power plants across the country, significantly cutting electricity costs. Minister Abbasi highlighted that […]

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2 w. ago EV industry urges faster charging infrastructure and cost solutions

Electric vehicle (EV) manufacturers have voiced strong concerns about the lack of charging stations and high vehicle costs, warning that these issues are holding back Pakistan’s shift to clean energy. During a consultative meeting with the Ministry of Climate Change and Environmental Coordination, industry leaders emphasized the urgent need for action to boost EV adoption. […]

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2 w. ago Pakistan opens mining sector to US, China & Russia with equal bidding rights

In a major policy shift aimed at attracting global investment, Pakistan has invited companies from the United States, China, and Russia to bid for multibillion-dollar mining contracts, including the high-profile Reko Diq gold and copper project. The government is promoting an “open-handed policy” that ensures equal opportunity for all foreign investors, regardless of geopolitical alignments. […]

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2 w. ago Gold dips Rs 600, now selling at Rs 356,200 per tola in Pakistan

Gold prices fell today across Pakistan, signaling a shift after recent gains. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-carat pure gold per tola dropped by 600 rupees to 356,200 rupees. Similarly, the price for 24-carat gold per 10 grams fell by 514 rupees, reaching 305,384 rupees. The price […]

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2 w. ago Govt Introduces Massive Import Duty Cuts on Luxury SUVs and Cars Under Finance Act 2025

In a major policy shift under the Finance Act 2025, the Government of Pakistan has reduced import duties on luxury vehicles, including high-end SUVs like the LC300, LC200, LX570, and LX600. The revised duties aim to provide relief to automotive enthusiasts and make imported vehicles more affordable for buyers across the country. What’s Changed? As […]

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3 w. ago Bold colours and relaxed elegance shine at Paris men’s fashion week

PARIS – Paris Men’s Fashion Week wrapped up with a vibrant splash of colours, breezy silhouettes, and renewed creative energy, offering a refreshing contrast to the global fashion industry’s recent gloom. Designers embraced fluidity and optimism for the Spring-Summer 2026 season, breaking away from past seasons’ muted tones. Alice Feillard of Galeries Lafayette called the […]

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3 w. ago Global energy CO2 emissions hit record high despite growth in renewables

Global carbon dioxide emissions from the energy sector reached a record high for the fourth consecutive year in 2024, according to the Energy Institute’s latest report. Despite a significant rise in renewable energy, fossil fuel use continued to grow, driving emissions upward. The report showed that total energy supply increased by 2% last year, with […]

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3 w. ago PM Shehbaz: Digital payments must be easier and cheaper than cash

Prime Minister Shehbaz Sharif on Monday urged authorities to make digital transactions simpler and cheaper than cash to speed up Pakistan’s shift toward a cashless economy. Chairing a meeting on the matter, he emphasized that developed countries prefer digital systems due to their efficiency and transparency. He stressed that Pakistan must follow this global trend […]

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3 w. ago Pakistan shifts gear, new electric vehicle policy aims for 30% green cars by 2030

The federal government has unveiled an ambitious New Electric Vehicle Policy (NEVP) 2025–2030, aiming to accelerate Pakistan’s shift toward sustainable

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