The government has reduced electricity prices for industrial consumers by Rs4.04 per unit, according to an official notification. The new rates will take effect from February 1, providing relief to the industrial sector. Under the revised tariff, the base electricity rate has been lowered from Rs33.58 per unit to Rs29.54 per unit. After the reduction, the effective tariff for industries stands at around 11.5 cents per unit. Officials said the cut eliminates a cross-subsidy burden of about Rs101 billion on the industrial sector. The move is aimed at supporting businesses and improving industrial competitiveness. The Power Division had filed a…
Author: Web Desk2
The government has set the Zakat nisab for the current Hijri year at Rs503,529, according to an official notification. Banks will deduct Zakat only from accounts that meet or exceed this threshold. Officials said that under the Zakat and Ushr framework, all eligible bank accounts — including savings accounts, profit-and-loss sharing accounts, and similar deposit schemes — will be subject to Zakat deduction on the first day of Ramazan, which has been declared the official deduction date. Based on moon sighting, it is expected to fall on February 19 or 20. Accounts holding less than Rs503,529 on the deduction date…
A terrorist attack on a joint security check post in Bajaur was foiled by Pakistani forces on February 16, 2026, after militants attempted to breach security. However, a powerful explosion caused the martyrdom of 11 security personnel, according to the military. In a statement, the military’s media wing, Inter-Services Public Relations (ISPR), said militants linked to the group described as “Fitna al-Khawarij,” allegedly backed by hostile elements, launched a coordinated assault on the check post. Security forces responded swiftly and effectively, killing 12 attackers and preventing them from overrunning the facility. When their attempt failed, the militants rammed an explosives-laden…
Chief of Defence Forces Field Marshal Asim Munir met UAE Deputy Ruler and National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan in Abu Dhabi to discuss bilateral cooperation, regional security, and economic collaboration, according to a statement. The meeting covered ways to further strengthen cooperation across multiple sectors. Both sides discussed economic partnership, investment opportunities, and security collaboration. They also exchanged views on the regional situation and stressed the importance of continued coordination to promote peace and stability. Field Marshal Asim Munir thanked the UAE leadership for decades of investment and consistent support for Pakistan’s economy and security. He…
In one of the largest theft incidents in the city’s history, burglars broke through the wall of a jewellery shop in Karachi and stole gold and diamonds worth more than Rs300 million, police said on Sunday. The incident took place in Orangi Town’s Iqbal Market area, where unknown suspects carried out a major burglary by digging through the rear wall of the shop. According to the FIR, the suspects fled with around 606 tolas of gold and diamonds worth over Rs2.5 million. The stolen items also included jewellery belonging to customers. The shop owner, Ayub Khan, told police that workers…
At least two people, including a child, were killed and around 20 others injured in a bomb explosion outside Miryan police station in Bannu on Monday, officials said. According to police, militants rammed an explosives-laden three-wheeler into the main gate of the police station. At the same time, an improvised explosive device (IED) planted on a motorcycle parked near nearby shops also detonated, causing panic in the area. Officials said shops were open outside the police station when the blast occurred, which is why several civilians were caught in the explosion. DIG Bannu Sajjad Khan confirmed that police personnel remained…
Following Pakistan’s heavy defeat to India, former star batter Mohammad Yousuf strongly reacted and said the Mohammad Yousuf Pakistan defeat India reaction reflects deep concerns about the direction of the national team. Pakistan suffered a 61-run loss to India in the ICC Men’s T20 World Cup, sparking debate among former players and fans about performance and management. “Darkest phase in our cricket,” says Yousuf Speaking after the match, Yousuf said the Mohammad Yousuf Pakistan defeat India reaction highlights what he called one of the darkest periods in Pakistan cricket. He expressed sorrow over the team’s performance and said that incompetent…
Pakistan has decided to gradually end cross subsidies in the power and gas sectors, with plans to charge consumers the full cost of electricity and gas in the future. Under the new framework, only low-income households will receive targeted support through the Benazir Income Support Programme (BISP). According to officials, the Power Division has prepared a detailed subsidy reform plan. The government will brief the International Monetary Fund (IMF) on recent tariff restructuring and the roadmap for reducing blanket subsidies. Sources said the government has started collecting data in coordination with BISP to identify eligible households. In the future, subsidies…
Israel has declared large areas of the occupied West Bank as state property, a move that could expand its control over land for future development and restart a legal land settlement process that has remained frozen since the 1967 Middle East war. According to Israeli authorities, once land registration begins in a specific area, anyone claiming ownership will be required to submit legal documents proving their rights. Critics warn that this process could significantly impact Palestinian land claims. Pakistan strongly condemned the decision. In a statement, the Foreign Office said Islamabad rejects attempts by Israel to convert occupied Palestinian territories…
A historic auction of personalized choice number plates drew massive public interest at the arena hall of Qayyum Sports Complex, where record-breaking bids were placed for unique vehicle registration numbers. The standout plate, “Waziristan 1,” emerged as the most expensive, selling for more than Rs40.6 million. The winning bid was placed by Faizur Rehman, making it one of the highest prices ever recorded in such auctions. During the event, “Mohmand 1” also attracted intense competition and was sold for Rs32.1 million to Haji Zahir Gul, becoming the second-highest bid of the auction. Meanwhile, the “Pashtun 1” number plate secured the…
