Committee to monitor essential commodities, ensure relief for vulnerable households BeNewz Report Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the first meeting of the Steering Committee on Inflationary Trends in Pakistan, where food prices and market conditions were reviewed in detail. The Committee, set up last week …
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Aftab Maken FIA arrests FBR officials after probe finds fraudulent regularization of smuggled vehicles through Customs’ digital system, said an official announcement of the FBR on Wednesday. The Federal Board of Revenue (FBR) has moved against its own officers after an investigation revealed their involvement in a racket that fraudulently …
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BeNewz Report Documents from the Securities and Exchange Commission of Pakistan (SECP) have revealed that several leading politicians, including Hamza Shahbaz, Moonis Elahi, and Chaudhry Shujaat Hussain, own shares in multiple sugar mills, reigniting debate about political influence in the country’s sugar industry. The SECP prepared the data following recommendations …
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BeNewz Report A fashion student in Karachi escaped an alleged abduction attempt by an InDrive driver after leaping from a moving car, leading to the suspect’s arrest. A late-night ride-hailing trip in Karachi turned into a harrowing ordeal on Tuesday when a young fashion student narrowly avoided abduction and harassment …
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BeNewz Report Pakistan has invited Expressions of Interest from consultancy firms to assess and propose remedies for unaccounted-for-gas losses at SNGPL and SSGC, with submissions due by October 6, 2025. The government has decided to hire consultants to conduct a comprehensive study into unaccounted-for-gas (UFG) losses faced by Sui Northern …
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BeNewz Report Pakistan’s trade deficit narrowed in August 2025 compared with July, though year-on-year data showed a sharp widening as exports declined and imports increased. The Pakistan Bureau of Statistics–PBS–reported that exports fell to Rs 683.5 billion ($2.42 billion) in August from Rs 762.6 billion ($2.69 billion) in July, representing …
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Aftab Maken ISLAMABAD: The Senate Standing Committee on IT and Telecom, chaired by Senator Palwasha Khan, convened on Monday and received a comprehensive briefing on Pakistan’s planned 5G spectrum auction, PTCL’s pending audit, telecom mergers, and the growing threat of cyber and financial fraud. During the session, the Pakistan Telecommunication …
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Exploration companies are delaying gas sales to third parties despite CCI approval, amid disputes over whether OGRA licences are mandatory for bidders. Hydrocarbon exploration and production (E&P) companies in Pakistan are under growing scrutiny for delaying the allocation of newly discovered gas to third-party buyers, despite approval from the Council …
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BeNewz Report Pakistan’s competition regulator has questioned PTCL’s financial capacity to sustain the planned Telenor Pakistan merger, demanding binding investment commitments. The Pakistan Telecommunication Company Limited (PTCL) is under mounting scrutiny from the Competition Commission of Pakistan (CCP) over its planned merger with Telenor Pakistan, as regulators raise doubts about …
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BeNewz Report ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has cautioned that the allocation of regasified liquefied Natural Gas (RLNG) to the domestic sector must be carefully weighed against net proceeds for development (NPD), price transparency, ongoing and future contract negotiations, and the expiry of Pakistan’s long-term LNG supply …
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