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Fuel prices in Pakistan could be heading higher as the government considers increasing the carbon levy on petroleum prod...
05/06/2026

Fuel prices in Pakistan could be heading higher as the government considers increasing the carbon levy on petroleum products from Rs. 2.50 to Rs. 5 per litre from July 1, 2026.

The proposal is being prepared as part of the FY2026-27 federal budget and is linked to broader revenue and climate policy objectives. Officials believe the move can help support environmental commitments while strengthening fiscal targets.

For consumers, any increase in fuel costs can have a wider impact on daily transportation and overall living expenses. Businesses and market observers are also closely watching the budget announcement for further details.

The final decision is expected to be revealed when the federal budget for the new fiscal year is presented.

Electricity consumers across Pakistan will see a change in their power bills after NEPRA approved a Rs1.19 per unit incr...
05/06/2026

Electricity consumers across Pakistan will see a change in their power bills after NEPRA approved a Rs1.19 per unit increase under the Fuel Price Adjustment mechanism for April 2026.

At the same time, the regulator has also approved a Rs1.98 per unit reduction under the first quarterly adjustment of 2026, offering relief to consumers for the next three months.

The increase will appear in June electricity bills, while the reduction will apply during June, July, and August. The adjustment is expected to provide nationwide relief worth more than Rs67 billion.

The revised rates will apply to consumers across the country, including K-Electric customers, as households and businesses continue to closely monitor energy costs and utility expenses.

Pakistan’s government has set an exchange rate of Rs. 290 per US dollar for budget planning in FY2026-27, even though th...
05/06/2026

Pakistan’s government has set an exchange rate of Rs. 290 per US dollar for budget planning in FY2026-27, even though the rupee has remained relatively stable in recent months.

The benchmark will be used for development spending, foreign loan estimates, grants, and other key budget calculations. Officials say the move is part of broader fiscal planning as the country prepares for future financing requirements.

With billions of dollars expected in foreign project funding and significant external obligations ahead, exchange rate assumptions play an important role in shaping economic projections and government spending plans.

The decision comes as policymakers continue balancing growth, development priorities, and long-term financial commitments for the upcoming fiscal year.

Senate committee flagged Rs. 46 Billion undisclosed IPP revenues.WAPDA and officials faced scrutiny over transparency co...
04/06/2026

Senate committee flagged Rs. 46 Billion undisclosed IPP revenues.

WAPDA and officials faced scrutiny over transparency concerns in Pakistan’s power sector.

Focus also turned to Dasu Hydropower Project, a project worth Rs. 1,737 Billion with 5,400MW, currently at 30% progress amid delay concerns.

Members warned delays, coordination gaps, Rs. 2 Billion daily loss risk, and Rs. 24.5 Billion dam funds under review for accountability.

A 36‑year‑old American woman, Ashley Morris, has tied the knot with 21‑year‑old Pakistani man Kaif‑ul‑Wora after their f...
04/06/2026

A 36‑year‑old American woman, Ashley Morris, has tied the knot with 21‑year‑old Pakistani man Kaif‑ul‑Wora after their friendship on social media blossomed into love.

What began as casual online conversations gradually grew into a romantic bond, leading Ashley to travel to Pakistan to meet Kaif and his family in person.

Before the marriage, Ashley embraced Islam and adopted the name Khadija, clarifying that her conversion was voluntary and heartfelt. The couple married with a $2,000 haq mehr (dower), and their story has quickly gone viral, sparking discussions across social media about how digital connections can transform into real‑life commitments and cross‑cultural unions.

England’s Liam Livingstone has criticized the Indian Premier League (IPL), saying that constant six‑hitting has become “...
04/06/2026

England’s Liam Livingstone has criticized the Indian Premier League (IPL), saying that constant six‑hitting has become “boring” due to flat pitches and the Impact Player rule. He argued that recent matches, with scores exceeding 230 runs, show how batting has been made too easy. Livingstone added that cricket is most exciting when bat and ball are balanced, but current conditions heavily favor batters.

He also pointed to repeated use of the same surfaces, such as in Hyderabad, which further tilted the game towards batting dominance. His remarks have sparked debate among fans and analysts about whether the IPL should adjust rules and pitch preparation to restore competitiveness.

Spanish authorities have arrested a senior manager of the defunct crypto trading platform OmegaPro in Tenerife, Spain, u...
04/06/2026

Spanish authorities have arrested a senior manager of the defunct crypto trading platform OmegaPro in Tenerife, Spain, under an international warrant issued by the FBI. The platform, accused of defrauding investors of nearly $650 million, promised returns of up to 300% while allegedly operating as a Ponzi and pyramid scheme.

OmegaPro collapsed in late 2022, freezing funds before its website vanished in 2023. Investors were then urged to reinvest in a new venture called Go Global. The arrest is part of a wider international probe involving the US, France, Spain, and other countries, with previous detentions of OmegaPro executives in Turkey. Authorities continue tracing assets and holding those responsible accountable.

Zambian footballer Kennedy Musonda went viral after receiving five crates of eggs as his Man of the Match award. He scor...
04/06/2026

Zambian footballer Kennedy Musonda went viral after receiving five crates of eggs as his Man of the Match award. He scored the winning goal for Power Dynamos in a 1‑0 victory, earning two crates for the goal and three more for being named the best player.

The unusual prize, given by sponsors, sparked widespread reactions online, with fans amused by the unique reward. No trophy or cash, just eggs — and a viral football moment that captured global attention

Musonda

The Supreme Court of Pakistan has upheld the death sentence of Zahir Jaffer in the Noor Mukadam murder case, dismissing ...
04/06/2026

The Supreme Court of Pakistan has upheld the death sentence of Zahir Jaffer in the Noor Mukadam murder case, dismissing his review petition after a four‑hour hearing. A three‑member bench led by Justice Hashim Kakar rejected arguments centered on Jaffer’s mental health and denied the request to form a medical board.

Defence lawyer Khawaja Haris admitted the crime but argued instability due to bipolar disorder and schizophrenia. The judges questioned the credibility of medical records, noting contradictions in the defence’s stance. The court ruled that the matter of a medical board had already become final and maintained the punishment.

Justice Kakar made strong remarks on violence against women, stressing that society cannot remain silent when women are abducted and murdered. Noor’s father, Shaukat Mukadam, revealed he was offered a settlement but refused, declaring: “This is not just Noor’s case — I stand with all the daughters of Pakistan.”

The verdict reinforces accountability in one of Pakistan’s most high‑profile trials, sending a powerful message against gender‑based violence.

PML‑N leader Rana Sanaullah has stressed the urgent need for Karachi to have its own strong and autonomous local governm...
04/06/2026

PML‑N leader Rana Sanaullah has stressed the urgent need for Karachi to have its own strong and autonomous local government system, arguing that the current provincial setup cannot effectively manage Pakistan’s major cities. Speaking on ARY News’ On My Radar, he said that without meaningful administrative reforms, cities like Karachi, Lahore, Peshawar, Quetta, Sukkur, and Multan will continue to face governance challenges.

He suggested either empowering local government institutions or restructuring administrative divisions, adding that federal funds should be directly devolved to tehsil and union council levels for better impact. Sanaullah emphasized that timely reforms are essential, warning that delays will only worsen urban problems.

Commenting on Gilgit‑Baltistan, he noted that speeches alone won’t bring development funds, while also acknowledging Bilawal Bhutto Zardari as a respected coalition partner whose criticism often reflects broader urban issues. Sanaullah concluded that Karachi’s worsening conditions can no longer be ignored and require urgent structural reforms.

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