Opposition Slams Petroleum Price Hike as Government Cites Global Market Pressures

New-Petrol

ISLAMABAD: A heated debate erupted in the National Assembly as opposition members strongly criticised the recent surge in petroleum prices, while the government defended the move as a necessary response to volatility in the international oil market. The session began with opposition lawmaker Shahid Khattak calling for the suspension of the Question Hour to address the price hike. The demand received broad support across the House, leading to its suspension and a dedicated discussion on the issue. Petroleum Minister Ali Pervaiz Malik informed lawmakers that global oil prices had surged…

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Murad Shah launches digital fuel subsidy for motorcyclists, announces wide-ranging relief measuresRs2,000 monthly support, fare freeze, and farmer assistance form part of comprehensive targeted subsidy programme

New-Project10

KARACHI (April 6): Sindh Chief Minister Syed Murad Ali Shah has launched a digital registration system for a targeted motorcycle fuel subsidy programme, alongside a broader relief package aimed at shielding citizens from the impact of rising fuel prices and inflation.“I have also consulted with the traders’ association regarding market timings, and the traders have offered their suggestions,” he said. He added that the traders’ suggestions would be discussed with the federal government before making a decision.Addressing a press conference at the CM House, the chief minister said the initiative…

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Iran–US Tensions: 45-Day Ceasefire Proposal Under Discussion, Pakistan’s “Islamabad Accord” Gains Global Attention

US-Iran

Islamabad/Washington/Tehran: According to American and British media reports, negotiations are underway between the United States, Iran, and regional mediators on the terms of a potential 45-day ceasefire, seen as a critical step toward a lasting resolution of ongoing tensions. Reports suggest the proposed agreement would unfold in two phases. The first phase involves the implementation of an immediate 45-day ceasefire, during which negotiations for a permanent peace settlement would continue. The ceasefire could be extended if more time is required. The second phase would focus on finalizing a comprehensive agreement…

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Pakistan’s Solar Share Stuck at 1.15% Amid Policy Gaps and Market Barriers: CCP Report

Solar-Panels

ISLAMABAD: Pakistan’s solar energy contribution to the national power mix remains significantly low at just 1.15 percent, far behind countries such as Brazil (14.9%), China (12.4%), and India (9.8%), according to a latest report by the Competition Commission of Pakistan (CCP). Titled “Unlocking Green Potential: A Market Competition Study of Solar Energy in Pakistan 2026,” the report highlights structural challenges hindering the sector’s growth, including limited local manufacturing, inconsistent policies, and insufficient investment. The CCP study identifies key market distortions and entry barriers, particularly Pakistan’s heavy reliance on imported solar…

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Motorcycle Subsidy Falls Short as High Diesel Prices Limit Public Relief

New-Project9

RAWALPINDI: The government’s announced relief for motorcycle riders has largely failed to materialize on the ground, with citizens reporting little to no benefit despite a recent reduction in petrol prices. While petrol prices were cut following public backlash, the unchanged cost of diesel has prevented any meaningful reduction in transport fares. Public and goods transport—largely dependent on diesel—continues to operate at elevated costs, undermining the overall impact of the relief measures. Freight charges have surged by 60–65%, significantly increasing the cost of transporting essential commodities. In Rawalpindi and Islamabad, flour…

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