Cabinet Greenlights Privatization and Restructuring of 13 Entities in Power Sector
The federal cabinet has authorized the privatization of 13 entities under the Power Division, which includes nine power distribution companies and power generation companies...
Searle to Divest 90% Stake in Subsidiary to IJARA Capital
The Board of Directors of The Searle Company Limited (PSX: SEARL) has approved the sale of its 90.61 percent shareholding in its subsidiary, Searle...
PM Orders 10-Day Extension for Electricity Bill Payments
Prime Minister Shehbaz Sharif has announced a 10-day extension for electricity bill payments, as confirmed by the Power Division. The extension applies to bills...
Lahore: 44-Year Rainfall Record Broken with Torrential Downpour
Lahore experienced a record-breaking downpour on Thursday, with 350 millimetres of rain falling within three hours, surpassing a 44-year-old record. The torrential rain has...
Govt Reduces Petrol Price by Rs 6.17 /litre, Diesel Rs 10.86 /litre
The government has announced a reduction in fuel prices, effective from August 1.Petrol has been reduced by Rs 6.17 per litre, high-speed diesel (HSD)...