Saturday , June 6 2026

Latest News

Major overhaul of net metering policy through new regulations floated

Aftab Maken ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA), acting on government directions, has prepared a draft proposing sweeping changes to Pakistan’s net metering framework that would significantly reduce the benefits for solar prosumers. Under the proposed rules, the allowable solar system capacity, contract duration and the rate paid …

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PCB BoG approves major infrastructure upgrades and PSL expansion plans

Abdullah Zahid LAHORE: In a key virtual meeting chaired by Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi, the Board of Governors made several significant decisions aimed at enhancing cricket infrastructure, expanding the Pakistan Super League (PSL), and strengthening domestic cricket structures. The meeting formally approved the second phase of renovation …

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BISP advances towards digital welfare

Beneficiaries to achieve full digital payments by Jan 2026 Aftab Maken ISLAMABAD: The Benazir Income Support Programme (BISP) has made remarkable progress in transitioning its payments to a digital system. However, full 100% adoption of digital wallets for all beneficiaries will be targeting complete rollout by January 2026. Over 10 …

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Glamour returns to Karachi: 24th Lux Style Awards

BeNewz Report KARACHI: After years marked by disruption and digital formats, the grandest night in Pakistani entertainment made a dazzling, in-person comeback. The 24th Lux Style Awards (LSAs) concluded its glittering, full-scale ceremony late last night in Karachi, a spectacular event that delivered on its promise to “Mirror the Magic” …

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CCP raids on out-of-home advertising sector

Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) teams has conducted raids on three entities linked with the out-of-home media advertising market in Lahore. The raids were carried out as part of an inquiry into alleged cartelization, price fixing, and coordinated bid decisions in the sector. Out-of-home (OOH) advertising …

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ECC approves key reforms on power debt, vehicle imports, fuel margins

Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Monday approved a series of major decisions aimed at improving fiscal discipline, tightening import controls and supporting digital transformation. Power sector reforms. The ECC reviewed and endorsed …

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IMF approves $1.2Bn disbursement for Pakistan

Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) Executive Board has completed the second review of Pakistan’s 37-month Extended Fund Facility (EFF) arrangement and the first review under the 28-month Resilience and Sustainability Facility (RSF). This approval enables an immediate disbursement of approximately $1 billion under the EFF and $200 …

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Interviews for HEC chairman scheduled for tomorrow

Aftab Maken ISLAMABAD:  The search for the new head of the Higher Education Commission (HEC) has entered its decisive stage, with the government narrowing down the field to five finalists. According to official sources, the interviews for the prestigious post of Chairman HEC are scheduled to take place tomorrow. This …

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Petroleum minister engages industry stakeholders on reforms

BeNewz Report ISLAMABAD: Federal Minister for Petroleum Ali Pervaiz Malik on Wednesday met with representatives of the Oil Marketing Association of Pakistan (OMAP) and the Oil Companies Advisory Council (OCAC) to review industry proposals aimed at strengthening and modernizing Pakistan’s petroleum supply chain. During the meeting, industry leaders shared a …

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Trade deficit rises sharply as imports jump and exports fall

BeNewz Report ISLAMABAD: Data from the Pakistan Bureau of Statistics (PBS) show that Pakistan’s merchandise trade deficit surged by 37.17 percent during the first five months of fiscal 2025-26, as imports climbed and exports fell. PBS provisional figures for November 2025 show exports at $2.398 billion, down 15.35 percent compared …

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