ISLAMABAD: Federal Minister for IT & Telecom Shaza Fatima Khawaja said on Saturday that Pakistan was not just bridging the gender gap in technology but also redefining the future of women in digital economy. Addressing a webinar, “HERstory: Google IWD 2025”, hosted by Google Pakistan to celebrate International Women’s Day, the minister said young women have consistently excelled on merit,…
Read MoreDay: March 10, 2025
‘Take or Pay’ provision in SPAs: OMAP concerned over proposed clause by Ogra
PESHAWAR: The Khyber Pakhtunkhwa government has practically launched its flagship project “Solarization of Houses” aimed at providing free and subsidized solar energy solutions to households across the province. Chief Minister Ali Amin Khan Gandapur formally inaugurated the initiative at a special ceremony held at the Chief Minister’s House in Peshawar. The event was attended by provincial cabinet members, members of…
Read MoreOil steady as tariff uncertainty keeps investors on edge
LONDON: Oil prices held steady on Monday as concern over the impact of U.S. tariff uncertainty and rising output from OPEC+ producers pressured prices while potential sanctions on Iranian oil exports provided some support. Brent crude rose by 10 cents to $70.46 a barrel by 1057 GMT. U.S. West Texas Intermediate crude was at $67.14, also up 10 cents. Last…
Read MoreOntario imposes 25% surcharge on electricity exports to US
OTTAWA: The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to New York state, Michigan and Minnesota to protest against U.S. President Donald Trump’s tariffs on Canada, Premier Doug Ford said on Monday. “President Trump’s tariffs are a disaster for the U.S. economy. They’re making life more expensive for American families and businesses,” Ford said in…
Read MoreElectricity Prices to Drop Further by March 23: Minister
Federal Minister for Industry Rana Tanveer Hussain stated that no opposition movement will succeed after Eid. To revive the industry, the government reduced the interest rate from 22% to 12%, which can potentially drop to 10%. Additionally, electricity prices will decrease further by March 23, supporting the recovery of industry and economy.
Read MoreNew Solar Panel Policy to be Presented to ECC Soon
Pakistan’s Federal Minister for Power Division, Sardar Awais Ahmad Khan Leghari, has announced that a new solar panel policy will be presented to the Economic Coordination Committee (ECC) for approval soon.¹ This policy proposes that the national grid will purchase electricity from newly installed rooftop solar panels at a rate of Rs9.50 to Rs10 per unit. The minister stated that…
Read MoreKE challenges Nepra over high fuel cost allegations
ISLAMABAD: In a rare public spat, K-Electric on Sunday challenged the National Electric Power Regulatory Authority (Nepra) over allegations that its fuel costs were significantly higher than electricity imports from the national grid. The disagreement follows a special note issued last week by Nepra’s technical member from Sindh, Rafique A. Shaikh, who pointed out that K-Electric’s own power plants contributed…
Read MoreOil marketing companies warn of collapse over forced refinery quotas
• Reject ‘Take or Pay’ clause, say it benefits refineries at their expense• Move comes as fuel prices expected to see major cut this weekend• Under new rule, OMCs must buy assigned fuel quotas from refineries or pay penalties• Clause aimed at reducing imports, protecting local refining capacity ISLAMABAD: Indicating a substantial cut in prices of petroleum prices by this…
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