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Latest News

ECC raises housing loan cap, clears rail grant

Economic Coordination Committee boosts “Mera Ghar” scheme loan ceiling and approves Thar rail grant. Aftab Maken ISLAMABAD: The Economic Coordination Committee of the Cabinet on Thursday approved an increase in the “Mera Ghar Mera Aashiana” mortgage scheme loan limit to Rs10 million, introducing a uniform 5% end-user rate to expand …

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Punjab Boards announce Matric, Grade 9 exam schedule

BeNewz Report LAHORE: All the education boards across Punjab have issued the annual examination schedule, with Matric exams set to begin on March 27. According to the announced date sheet, the first papers for Grade 10 will be held on March 27. Students will sit for Arabic, Commercial Geography and …

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SPI falls 0.54% in week to Feb 26

Pakistan’s weekly inflation eased 0.54% for the week ended February 26, driven by sharp declines in vegetable and poultry prices, official data showed. Aftab Maken ISLAMABAD: The Pakistan Bureau of Statistics said on Friday the Sensitive Price Indicator declined 0.54% week-on-week for the period ended February 26, 2026, reflecting lower …

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FBR Offices to Open Feb 28 for Tax Collection

Federal Board of Revenue will keep all major field offices open on Saturday, February 28, to facilitate taxpayers and ensure timely collection of duties and taxes. BeNewz Report ISLAMABAD: The Federal Board of Revenue said on Friday it will keep all Large Taxpayer Offices, Medium Taxpayer Offices, Corporate Tax Offices …

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Pakistan Awards 11 Oil and Gas Blocks

Government secures $31m investment and Rs276m for social welfare under new exploration licences signed in Islamabad Aftab Maken ISLAMABAD: Pakistan on Wednesday awarded 11 onshore oil and gas exploration blocks, securing minimum investment commitments of $31 million, or about Rs8.66 billion, alongside Rs276 million pledged for social welfare projects in …

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Nepra flags Rs1tr losses in power sector

Aftab Maken ISLAMABAD: Pakistan’s power distribution companies lost over Rs1 trillion in FY25 due to high transmission losses and weak bill recovery, deepening circular debt and undermining service quality. Pakistan’s power distribution system bled more than Rs1 trillion in 2024-25 as high transmission and distribution losses and unpaid bills eroded …

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ECC okays wheat sale at revised prices

Aftab Maken ISLAMABAD: The Economic Coordination Committee approved sale of 500,000 metric tons of wheat at revised reserve prices and cleared Rs536m grant for former Pak-PWD projects. The Economic Coordination Committee of the Cabinet on Tuesday approved the disposal of 500,000 metric tons of wheat stock held by the Pakistan …

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SA beat India by 76 runs in super8 clash

BeNewz Report AHMEDABAD: South Africa defeated India by 76 runs in a high-stakes Super Eights Group 1 encounter of the ICC Men’s T20 World Cup 2026 in Ahmedabad, strengthening their push toward the semi-finals. In the 43rd match of the tournament at the Narendra Modi Stadium on February 22, 2026, …

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Gas circular debt hits Rs3,283bn; Sui firms face Rs 60bn loss

Aftab Maken ISLAMABAD: Pakistan’s gas sector circular debt has surged to Rs 3,283 billion, piling pressure on public finances as Sui Northern and Sui Southern report combined annual losses of Rs 60 billion from theft and leakages. The disclosure came during a meeting of the National Assembly of Pakistan Standing …

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Weekly inflation surges 1.16% ahead of Ramazan

Aftab Maken ISLAMABAD:  Short-term inflation in Pakistan accelerated sharply this week, with the Sensitive Price Indicator (SPI) rising by 1.16% for the week ended February 19, 2026, according to the latest data released by the Pakistan Bureau of Statistics (PBS). The SPI, which tracks prices of 51 essential commodities across …

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