Contract employees entitled to pension after long service: SC
The Supreme Court ruled that contract employees serving permanently for prolonged periods cannot be denied pension rights, calling pension a recognized right for old-age security.
Category : Business
Over 832,000 farmers get Kissan Cards: Punjab CM
Punjab CM Maryam Nawaz Sharif announced that over 832,000 farmers have received Kissan Cards, facilitating loans and inputs worth billions, with high repayment rates.
HESCO Restoring Storm-Damaged Power in Hyderabad
HESCO teams are working on an emergency basis to restore electricity in Hyderabad after a storm damaged feeders and power lines. Full restoration is expected shortly.
Hot Dry Weather to Prevail in Sindh: Met Office
Pakistan Meteorological Department forecasts hot and dry weather in Sindh for next 24 hours, with very hot conditions in upper districts. Rain occurred in north and northwestern areas.
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Two Women Injured in Gas Cylinder Blast in New Karachi
Two women were injured in a gas cylinder blast in New Karachi's Sector 5. Rescue teams shifted them to a hospital. Investigation is ongoing.
PCDMA Submits Pre-Budget Proposals to FBR for 2026-27
The Pakistan Chemicals and Dyes Association submitted budget proposals to the FBR, urging GST reduction, easing compliance, and restoring importer protections ahead of the federal budget 2026-27.
Pakistan issues fourth LNG tender amid rising demand
Pakistan issues fourth spot LNG cargo tender for June 6-7 delivery amid surging temperatures and electricity shortfall, following earlier tender cancellations and rejections.
OGRA Becomes Hotspot for PAS Officers as Adhocism Continues
Two more PAS officers join OGRA on deputation, raising concerns about the regulator's independence and effectiveness amid ongoing adhoc management.
PSX Falls 831 Points in Bearish Trading Session
The Pakistan Stock Exchange saw a bearish trend on Wednesday, losing 831 points to close at 170,190.64. Market capitalization fell to Rs18.864 trillion.
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CCP Okays Pak Arab Fertilizers' Acquisition of LCO₂ Plant
The Competition Commission of Pakistan has approved Pak Arab Fertilizers' acquisition of Pakistan Oxygen's liquid carbon dioxide plant, finding no adverse impact on competition.
Indus Motor, NED University Partner for Urban Mobility Safety
Indus Motor Company and NED University sign agreement to establish Urban Mobility Implementation Unit, focusing on road safety, traffic flow, and AI-based accident management in Karachi.
Pakistan Adds 7 Mango Facilities for China Export
PHDEC registers seven new mango processing and HWT facilities with China's GACC, boosting mango export capacity after 11 years.
OGDC makes oil and gas discovery in Sanghar, Sindh
OGDC has discovered oil and gas from Bobi Deep-1 well in Sanghar, Sindh, producing 2,000 bopd and 1.1 MMscfd, boosting Pakistan's energy security.
Bulgarian President Opens HEMUS 2026 Defence Exhibition
President Iliana Iotova and Defence Minister Dimitar Stoyanov will open HEMUS 2026 in Plovdiv, featuring defence equipment, F-16 flyover, and live firings.
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Karachi Infrastructure: Governance Reform Key to Real Change
Karachi approves Rs11.198 billion for infrastructure and Rs8.824 billion for water schemes, but without governance reform, past failures risk repeating.
OGDCL's Sindh Discovery: A National Opportunity
OGDCL's oil and gas discovery in Sanghar, Sindh, producing 2,000 bpd and 1.1 MMcfgd, signals a major opportunity for Pakistan to reduce energy import dependence and boost economic stability.
Cash Stipends Keep Pakistani Children in School
Conditional cash transfer programs like Waseela-e-Taleem and Zewar-e-Taleem help low-income families in Pakistan keep children, especially girls, in school by offsetting hidden education costs.
Cognitive Biases Impact Investment Decisions in Pakistan
Investors in Pakistan are influenced by cognitive biases like halo effect and overconfidence, leading to irrational decisions and financial losses. Financial literacy and regulatory reforms are needed.
AI Ethics and Human Dignity Under Threat
A reflection on how AI-driven corporate layoffs and restricted access threaten human dignity, with ethical concerns echoing Kantian philosophy.
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Pakistan Economy Shows Recovery from Default Risk
Pakistan's economy rebounds from default fears with 3.7% GDP growth, fiscal surplus, debt reduction, and improved inflation. Reform momentum continues.
US Proposes 10-12.5% Tariffs on 60 Nations Over Forced Labor
The Trump administration proposed additional duties of 10% or 12.5% on imports from 60 economies, including Pakistan, citing failure to curb forced labor trade.
PMD Forecasts Below-Normal Rain, Above-Normal Temperatures
Pakistan Meteorological Department predicts below-normal rainfall and above-normal temperatures for June and the next three months, warning of heatwaves, water shortages, and agriculture challenges.
Punjab Mango Output Drops 20% Amid Climate Woes
Punjab's mango industry, a key export, faces a 20% production decline due to climate issues like heatwaves and pests, threatening farmers and exporters.
Govt employees announce long march on budget day
Government employees and pensioners announce a long march to Parliament House on budget day, demanding salary hikes and allowances.
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Rawalpindi Water Project Bids Evaluated
Technical evaluation of six bids for Rawalpindi's Dream Water Supply Project-I completed, report sent to ADB for approval. Financial bidding next, contract award expected within a month.
Pakistan to Hike Fixed Charges on Electricity Bills for Industry
Pakistan plans to increase fixed charges on electricity bills for industrial users to discourage shifting to solar, aiming to recover capacity payments and boost grid consumption.
PSO costly diesel imports amid smuggling surge concerns
PSO imported expensive diesel while smuggled fuel floods market, causing $1.27M loss and displacing local refineries, leading to potential plant shutdowns.
Hill Park Land Dispute: KMC Suspends Deputy Director, Launches Probe
KMC suspends Deputy Director Land Nauman over alleged illegal plotting in Hill Park; conditional NOC and fake approval letter surface, prompting an official probe.
Cocaine Queen Anmol's bail prospects dim with bank records
Police submitted detailed bank transaction records linking alleged 'Cocaine Queen' Anmol and facilitators to narcotics trade, dimming bail prospects.
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Pakistan Invites Saudi Investment in Maritime Sector
Federal Minister Junaid Anwar Chaudhry invites Saudi Arabia to invest in Pakistan's maritime sector, highlighting opportunities in ports, logistics, and blue economy.
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