Islamabad, December 29, 2024 – Karachi and Islamabad, two of Pakistan’s largest cities, are enduring an intense cold wave as the year draws to a close. According to the Pakistan Meteorological Department (PMD), the chilly conditions are expected to persist in both urban centers in the coming days.
(more…)Author: Mrs. Anjum Shahnawaz
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Finance Minister Aurangzeb Hints at Shutting Down PASSCO
Islamabad, December 29, 2024 – Finance Minister Muhammad Aurangzeb has hinted at the possibility of shutting down the Pakistan Agricultural Storage and Services Corporation (PASSCO), as state media reported on Sunday. This announcement signals a major shift in government policy, as Aurangzeb emphasized the need for an alternative mechanism to maintain strategic reserves, potentially involving the private sector.
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Petroleum Prices in Pakistan – Today, December 29, 2024
On Sunday, December 29, 2024, the petroleum prices in Pakistan stand as follows: high-speed diesel at Rs255.38 per litre, petrol at Rs252.10 per litre, kerosene oil at Rs161.66 per litre, and light-speed diesel at Rs148.95 per litre.
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Karachi Braces for Record-Breaking Winter Temperatures
Karachi, December 29, 2024 – The bustling metropolis of Karachi, Pakistan’s financial and commercial hub, is gearing up for what could be its coldest winter in years, with temperatures expected to plummet to a record low of 7°C.
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Electricity Tariffs Decline Massively in 2024: Minister Leghari
Islamabad, December 28, 2024 – Minister for Power Sardar Awais Ahmed Khan Leghari highlighted transformative achievements in Pakistan’s power sector during a year-end review.
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Weather Update for Islamabad, Karachi, Lahore
Islamabad, December 28, 2024 – The Pakistan Meteorological Department (PMD) has issued a detailed weather forecast for Islamabad, Karachi, Lahore, and other major cities. The prevailing cold wave continues to grip the nation, with dry and chilly conditions dominating.
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PM Shehbaz Orders Installation of Smart Electricity Meters
Islamabad, December 28, 2024 – Prime Minister Muhammad Shehbaz Sharif has instructed the expeditious installation of smart meters across the country to enhance transparency in the electricity billing system and implement robust measures to curb electricity theft. The directive came during a high-level review meeting on the performance of Electricity Distribution Companies (DISCOs).
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Karachi Electric Consumers to Get Above Rs 7 Billion Refund
Karachi, December 28, 2024 – Electricity consumers in Karachi are set to receive a substantial refund of over Rs 7 billion as K-Electric (KE), the city’s primary power utility, has filed a petition with the National Electric Power Regulatory Authority (Nepra) seeking approval to refund Rs4.98 per unit. This refund comes as part of the monthly fuel charges adjustment (FCA) for November 2024.
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Sunny and Cold Weather Predicted for Islamabad
Islamabad, December 28, 2024 – The Pakistan Meteorological Department (PMD) has forecast sunny but cold weather for Islamabad over the next three days, with particularly chilly conditions expected during morning and night hours. Residents of Islamabad are advised to brace for frost in isolated areas during the early hours, especially on Sunday, December 29, 2024.
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SECP Approves Stock Split Guidelines for PSX
Islamabad, December 28, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has granted approval to the Pakistan Stock Exchange Limited (PSX) to issue Guidelines for Stock Splits aimed at encouraging listed companies to adopt this financial strategy.
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