Aftab Maken ISLAMABAD: Pakistan has cleared the way for one of the largest industrial investment drives in its energy sector in decades, approving amendments to its refining policy that could unlock between $4.5 billion and $6 billion for the modernization of five domestic refineries. What Was Approved The Cabinet Committee …
Read More »$9bn battery bet: Policy turn import dependence into an industrial base?
BeNewz ISLAMABAD: Pakistan’s energy storage sector stands at a turning point. Government projections show domestic lithium-ion battery demand climbing to 40-51GWh by 2031, putting the market’s potential value at $6.5bn-$9bn — a scale that would make batteries one of the country’s most consequential new industries if local manufacturing can be built …
Read More »ECC approves revision in petroleum dealers’ margins
Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved a revision in dealers’ margins on Motor Spirit (MS) and High-Speed Diesel (HSD), following a proposal submitted by the Petroleum Division. The meeting was chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at …
Read More »Court rejects FIA’s request for physical remand of 400 foreigners
Court rejects FIA’s request for physical remand; Gulberg Greens tower declared a sub-jail as suspects face possible deportation BeNewz Report ISLAMABAD: A joint crackdown by the Federal Investigation Agency (FIA) and the National Cyber Crime Investigation Agency (NCCIA) has resulted in the arrest of nearly 400 foreign nationals from Sparco …
Read More »Weekly inflation ticks up 0.15%
Fuel prices fall for a second straight week even as food costs keep squeezing low-income households; annual inflation now stands at 9.11% Aftab Maken ISLAMABAD: Pakistan’s short-term cost of living inched higher again in the week ended August 13, 2026, driven overwhelmingly by a sharp spike in onion prices, according …
Read More »PMDC reopens MDCAT 2026 online registration
–Warns incomplete applications will be cancelled BeNewz ISLAMABAD: The Pakistan Medical and Dental Council (PMDC) has announced that the online registration portal for the Medical and Dental Colleges Admission Test (MDCAT) 2026 will reopen for five days, from August 17 to August 21, 2026, giving another chance to candidates who …
Read More »Fiscal turnaround is real — But economists warn the hard part hasn’t started
Aftab Maken ISLAMABAD: Pakistan closed fiscal year 2026 with its strongest set of headline fiscal numbers in over two decades: a fiscal deficit near a 22-year low, a primary surplus at a multi-decade high, and a credit rating upgrade from S&P Global. Government officials have cast the results as proof …
Read More »Green shirts unveil new STRYKE kit ahead of World Cup 2026
“Built for the Game, Made for the Nation” BeNewz Report ISLAMABAD: Pakistan’s hockey fraternity got a fresh dose of excitement this week as the national men’s team’s official kit for the FIH Hockey World Cup 2026 was unveiled under the banner “STRYKE Edition.” The launch, promoted with the tagline “Built for …
Read More »PTA slaps Zong-Operator CMPak with Rs77.8Mn fine
Aftab Maken ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has imposed a fine of Rs 77,800,000 (Rupees seventy-seven million eight hundred thousand) on China Mobile Pakistan Limited (CMPak), which operates under the brand name Zong, after finding the company in breach of the mandatory 100-metre geo-fencing requirement governing Biometric Verification System (BVS) …
Read More »NAB takes over Rs11.96Bn Sitara Energy–FESCO power fraud case
BeNewz Report ISLAMABAD: The National Accountability Bureau (NAB) has formally assumed jurisdiction over the high-profile corruption case involving M/s Sitara Energy (Pvt.) Ltd (SEL), Faisalabad, and officers of FESCO, CPPA and NEPRA, directing the Federal Investigation Agency (FIA) to transfer the entire record of its investigation to the Bureau “with …
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