BeNewz Report ISLAMABAD: The consumers are set to get a relief of Rs 2.65 per unit in their electricity bills for August 2025. This relief includes Rs 1.88 per unit relief for consumers of Discos and KE on account of the quarterly adjustment.They will also get a reduction in electricity …
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ISLAMABAD: The IT minister, Shaza Fatima, has skipped the high-level conference organized by GSMA, which has irked the telecom industry players.Unfortunately, the IT minister is not present at the conference, a key GSMA official said while talking to journalists here on Thursday.The GSMA has noted that, despite having talent, ambition, …
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Aftab Maken ISLAMABAD: Pakistan has encountered a significant economic challenge at the start of the new fiscal year, with its trade deficit recording a worrying increase in July 2025. According to the latest figures released by the Pakistan Bureau of Statistics (PBS), the trade deficit for the first month of …
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Bankruptacy law – 1 BeNewz Report ISLAMABAD: A sub-committee on Bankruptcy Law and the Prevention of Undue Harassment by State Authorities has proposed major relief measures for companies facing winding-up orders. The committee has recommended key amendments to the Corporate Rehabilitation Act, 2018, including the removal of the eligibility threshold …
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Aftab Maken ISLAMABAD: Pakistan and Iraq have agreed to boost maritime cooperation and explore new sea routes by signing a Memorandum of Understanding (MoU) to start a ferry service between Iraq’s Umm Qasr Port and Pakistan’s Gwadar Port. The agreement was made during a meeting between Federal Minister for Maritime …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired virtually by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, convened on Monday to review and approve key economic proposals, including an electric vehicle subsidy scheme, a technical supplementary grant (TSG) for the Telegraphic Transfer Charges Incentive …
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Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed dissatisfaction with the proposed business plan for the merger of Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan During ongoing proceedings under Section 11(6) of the Competition Act, 2010, the CCP directed PTCL’s management to submit a revised plan …
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Aftab Maken ISLAMABAD: The protracted legal battle surrounding alleged cartelization within the Pakistani sugar industry has taken another turn, with the Competition Commission of Pakistan (CCP) announcing a rescheduling of the rehearing in the case against the Pakistan Sugar Mills Association–PSMA and its numerous member mills. The decision comes in …
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As Quaid-i-Azam University grapples with mounting financial crises and administrative challenges, with students taking to the streets in protest, a lingering issue continues to cast a shadow over the institution’s reputation. The American Study Center, a crucial center for international research and diplomatic exchange, has remained without a permanent director …
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Aftab Maken ISLAMABAD: The Federal Government has ordered the import of 200,000 tons of sugar in a bid to stabilize prices and provide relief to the public, according to a spokesperson for the Ministry of National Food Security. The spokesperson further stated that the sugar import process has entered its …
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