DISCOs, NGC instructed to maintain stable electricity supply across Pakistan during Muharram-ul-Haram observance
ISLAMABAD: The Ministry of Energy (Power Division) has issued detailed operational directives to Distribution Companies (DISCOs), the National Power Control Centre (NPCC) and the National Grid Company (NGC) to ensure uninterrupted power supply during Muharram-ul-Haram, particularly on the 9th and 10th of Muharram (Ashura).
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Weather Alert Issued for Multiple Regions
ISLAMABAD: The Pakistan Meteorological Department (PMD) has issued a weather alert warning of rain, windstorms, thunderstorms and hailstorms across several upper and central regions of the country over the next 12 hours.
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Loan to Support Insurance Reforms and Financial Resilience
ISLAMABAD: The Asian Development Bank (ADB) has approved a US$700 million policy-based loan to support structural reforms in Pakistan’s insurance sector, aiming to broaden coverage, strengthen financial protection and deepen capital markets.
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Bullion weakens as easing geopolitical tensions reduce safe-haven demand
KARACHI, June 18, 2026 — Gold prices in Pakistan declined by Rs2,300 per tola on Thursday as domestic bullion markets tracked weakness in international prices amid shifting global economic conditions and easing geopolitical tensions.
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Broad-based buying lifts Pakistan stocks as easing geopolitical tensions boost investor sentiment
KARACHI, June 18, 2026 — The Pakistan Stock Exchange (PSX) witnessed strong bullish momentum on Thursday, with the benchmark KSE-100 Index gaining more than 1,100 points in intraday trading as investors reacted to growing optimism over a potential US–Iran peace agreement.
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Falling global oil prices and easing Middle East tensions raise prospects of lower petrol and diesel rates
ISLAMABAD, June 18, 2026 — Pakistan is likely to slash petroleum prices in the upcoming review after Prime Minister Shehbaz Sharif directed authorities to pass on the benefits of declining international oil prices to consumers, raising expectations of significant relief at the fuel pumps.
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Budget 2026-27 raises super tax exemption threshold to Rs500 million and aligns tax rate with federal income tax regime.
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Tax rates for insurance agents and brokers reduced, while life insurance exemption threshold increased to Rs3.5 million.
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Murad Ali Shah unveils Sindh International Financial Centre initiative in Budget 2026-27 to attract global investment and strengthen Karachi’s role in regional finance.
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DreamWorks Animation has released the first trailer for Shrek 5, unveiling a new kingdom setting and reigniting excitement among fans for the long-awaited sequel.
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