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Latest News

Pakistan heatwave to persist, rain in north

–PMD forecasts hot, dry spell with isolated storms this week Aftab Maken ISLAMABAD: Pakistan Meteorological Department has forecast a prolonged spell of hot and dry weather across most parts of Pakistan over the next six days, with only isolated rain and thunderstorms expected in northern and some central regions. The …

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Govt raises POL prices by Rs 26.77

BeNewz Report ISLMAABAD: The Ministry of Energy (Petroleum Division) on Friday announced a significant increase in petroleum product prices for the upcoming week, effective April 25, 2026. According to an official press release, the price of High-Speed Diesel (HSD) has been raised by Rs26.77 per litre, taking it from Rs353.42 …

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United Thrash Hyderabad by 8 Wickets

Abdullah Zahid LAHORE: Islamabad United delivered a dominant all-round performance to defeat Hyderabad Kingsmen by eight wickets in the 36th match of the Pakistan Super League 2026 at the Qaddafi Stadium Lahore, on Friday. Chasing a modest target of 81, Islamabad United made light work of the total, reaching 83 …

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PLL receives four bids for LNG supply tender

–OQ Trading emerges lowest for Mid-May delivery Aftab Maken ISLAMABAD: Pakistan LNG Limited has completed the evaluation of bids for its latest liquefied natural gas (LNG) procurement tender, with multiple international suppliers competing to provide cargoes for late April and early May deliveries. According to the evaluation report issued under …

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Weekly inflation eases slightly as SPI falls 0.33%

Aftab Maken ISLAMABAD: The short-term inflation registered a modest decline, with the Sensitive Price Indicator (SPI) falling by 0.33% for the week ended April 23, according to data released by the Pakistan Bureau of Statistics. The SPI, which monitors the prices of 51 essential commodities across 50 markets in 17 …

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SBP clears $3.45 Bn UAE safedeposits

BeNewz Report ISLAMABAD: The State Bank of Pakistan (SBP) has completed the repayment of a total of $3.45 billion in deposits to the United Arab Emirates, marking a significant development in the country’s external debt obligations and liquidity management. According to official sources, the central bank repaid $1 billion to …

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Oil shock hits PSO as diesel premiums surge

Aftab Maken ISLAMABAD: Pakistan is once again facing mounting pressure from global oil market volatility after a sharp rise in diesel import premiums pushed the country closer to a fresh fuel price shock. The country’s largest fuel importer, Pakistan State Oil (PSO), has reported an unprecedented surge in high-speed diesel …

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PHEC announces contract-based positions

Abdullah Zahid LAHORE: The Punjab Higher Education Commission (PHEC) has opened applications for a range of senior and mid-level positions on a purely contract basis, offering competitive lump-sum salary packages for qualified professionals domiciled in Punjab. According to the announcement, the initial appointment will be for one year, extendable subject …

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PTCL Back in Black — But Is It Sustainable?

Aftab Maken ISLAMABAD: PTCL Group has reported a notable turnaround in its latest financial results, posting a net profit of Rs. 3.07 billion. While this marks a significant recovery from previous losses, a closer examination of the financials reveals several underlying weaknesses that could challenge the sustainability of this performance. …

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Qalandars edge out Gladiators by 9 runs

Abdullah Zahid LAHORE: Lahore Qalandars held their nerve in a high-scoring contest to defeat Quetta Gladiators by 9 runs in the 30th match of the Pakistan Super League 2026 at Gaddafi Stadium on Tuesday. Defending a competitive total of 197/6, Lahore’s bowlers delivered under pressure to restrict Quetta to 188/7 …

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