ISLAMABAD: The federal government plans to recover Rs1.938 trillion (\$6.7 billion) from electricity consumers across Pakistan over the next six years through an uncapped Debt Service Surcharge (DSS) of Rs3.23 per unit, according to sources in the Power Division. The Central Power Purchasing Agency-Guaranteed (CPPA-G), acting on behalf of DISCOs, will finalize agreements with 18 commercial banks once asset valuations of some power distribution companies are clarified. Banks involved include HBL, NBP, UBL, Meezan, Bank Alfalah, and MCB among others. The exact amount to be raised remains under review—estimated between…
Read MoreAuthor: Admin
Atlas Honda to Launch Electric Scooter This Fiscal Year Under National EV Policy
Atlas Honda has announced plans to launch an electric scooter tailored for the Pakistani market within the current fiscal year, marking a significant step toward cleaner transportation in line with the National Electric Vehicle (EV) Policy. The company shared the news in an official notice to the Pakistan Stock Exchange (PSX), stating it is working closely with regulatory bodies to secure the necessary approvals for a smooth rollout. The move follows the government’s unveiling of the new EV policy, which aims to promote sustainable, affordable, and locally-manufactured transport solutions. Special…
Read MoreTrump Announces Ceasefire Between Israel and Iran, Urges Compliance as Missile Threat Eases
Former U.S. President Donald Trump announced via Truth Social that a ceasefire he claimed to have brokered is now officially in effect. “The ceasefire is now in effect. Please do not violate it!” Trump posted, calling for restraint from all parties involved. Meanwhile, the Israeli military has eased safety measures for civilians, stating that residents no longer need to stay near bomb shelters following a wave of Iranian missile strikes that killed four people in southern Israel. “Following a situational assessment, the Home Front Command has announced that the requirement…
Read MoreA long but AN EXCELLENT write up by Professor Junaid Ahmad covers all. You may differ but it is worth reading to the end.
But Munir’s journey to Washington wasn’t to reminisce over old alliances. He came to renew vows—between client and master, between gun and gold. And the message he delivered was crisp, calculated, and unmistakable: Pakistan remains a subcontractor for American power, ever willing to whisper verses of moral clarity in public while striking Faustian bargains in private. Take Gaza. As Israeli bombs pummel a besieged population and Western leaders squirm under the weight of their own hypocrisy, Islamabad offers its routine package of condemnations—pre-written, perfunctory, and purposely ineffectual. Munir’s regime weeps…
Read MoreThe closure of the Strait Harmuz” is likely a would be a catastrophic global event with severe and far-reaching consequences, primarily due to its role as the world’s most critical oil transit chokepoint. Here’s a breakdown of the major consequences:
Why is Closure Considered Possible (though unlikely long-term)? In Summary: The closure of the Strait of Hormuz would be an unparalleled economic and geopolitical shock. It would cause an immediate global energy crisis, trigger a deep recession, spike inflation, disrupt all global trade, massively increase shipping costs, and carry a very high risk of escalating into a major regional or even wider conflict. While perhaps not permanently sustainable for any actor, even a temporary closure would have devastating global consequences. It remains the single most significant potential flashpoint for the…
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