BeNewz Report ISLAMABAD: The National Accountability Bureau (NAB) has formally assumed jurisdiction over the high-profile corruption case involving M/s Sitara Energy (Pvt.) Ltd (SEL), Faisalabad, and officers of FESCO, CPPA and NEPRA, directing the Federal Investigation Agency (FIA) to transfer the entire record of its investigation to the Bureau “with …
Read More »FBR seals Hunter Tobacco’s clandestine cigarette unit in Chakwal
Aftab Maken ISLAMABAD: The Federal Board of Revenue (FBR) has sealed a clandestine cigarette manufacturing unit run by Hunter Tobacco SMC Pvt. Ltd. in District Chakwal, seizing a large quantity of raw tobacco, cigarette-manufacturing material, unstamped cigarettes and machinery in one of its biggest recent enforcement actions against the illicit …
Read More »Easypaisa leads JazzCash on key fees in 2026
–Easypaisa appears cheaper for frequent bank transfers and routine utility payments, while JazzCash retains advantages for freelancers Aftab Maken ISLAMABAD: Pakistan’s mobile wallet competition is intensifying as users increasingly compare transaction costs across digital platforms. A review of the latest available fee schedules shows Easypaisa holding an advantage in several …
Read More »Silver-for-Lead: PM approves high-level probe as customs scandal rocks FBR
Nine officers, including a former Collector, face disciplinary action over 400kg of seized silver allegedly swapped for lead bricks between Quetta and Lahore Aftab Maken ISLAMABAD: Pakistan’s Federal Board of Revenue (FBR) has launched a formal inquiry into what officials are calling one of the biggest scandals in the history …
Read More »Dropped calls, dead zones, disputed bills: Jazz & Ufone
May 2026 data shows Jazz leading complaint volumes across the board while Ufone’s coverage failures run far ahead of its market size — and frustrated users are venting the same grievances on social media Aftab Maken ISLAMABAD: A new complaints report for May 2026 has laid bare a telecom sector …
Read More »Weekly inflation rises 0.28pc as onion, chicken prices surge
Petrol, diesel and tomatoes offer relief Aftab Maken ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation increased by 0.28 percent during the week ended August 6, 2026, for the combined consumption group, the Pakistan Bureau of Statistics (PBS) reported on Friday. According to PBS data, the combined SPI for the …
Read More »ECC approves Rs. 3.25bn quarterly grant for PTV
Clears Rs. 27.62bn guarantees for Sialkot-Kharian Motorway Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a series of public sector financing measures, including quarterly funding support for Pakistan Television Corporation (PTVC) and sovereign guarantees for a major motorway project, at a meeting chaired by …
Read More »Customs enforcement Islamabad seizes smuggled items
BeNewz Report ISLAMABAD: The Collectorate of Customs Enforcement, Islamabad, has intercepted six non-duty-paid vehicles and a large consignment of foreign-origin cloth in a series of anti-smuggling operations carried out during the last week of July 2026. According to a press release issued by Customs Enforcement, the operations were carried out …
Read More »Concerning aspects lie behind Jazz Pakistan 2Q results
EBIT falls 19%, Capex surges, modest subscriber growth & digital lending expands BeNewz Report ISLAMABAD: Jazz Pakistan delivered strong revenue and EBITDA growth in the second quarter of 2026, but the headline performance masked several pressure points, including a sharp decline in EBIT, higher capital spending, modest subscriber growth and rapidly …
Read More »Annual inflation remains elevated at 9.05%
Aftab Maken ISLAMABAD: Pakistan’s annual inflationary pressure remained elevated, with the Sensitive Price Indicator (SPI) rising 9.05 percent year-on-year during the week ended July 30, 2026, despite a marginal 0.91 percent decline in prices on a weekly basis, according to the latest data released by the Pakistan Bureau of Statistics …
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