In a recent announcement, the government of Pakistan has decided to maintain the current petrol price at Rs252.63 per litre for the second half of May 2025.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan Crypto Council chief discusses blockchain with US envoy
Islamabad, May 15, 2025 — In a major step toward deepening U.S.-Pakistan collaboration in the digital space, Bilal Bin Saqib, CEO of the Pakistan Crypto Council, held an important meeting with Natalia Baker, the Acting U.S. Ambassador to Pakistan. The discussion focused on harnessing the power of blockchain and crypto technologies to unlock opportunities for Pakistan’s youth and strengthen bilateral ties.
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CCP triumphs as tribunal backs penalty on Diamond Paints
Islamabad, May 15, 2025 — The Competition Appellate Tribunal (CAT) has affirmed the Competition Commission of Pakistan’s (CCP) decision in a high-profile deceptive marketing case against Diamond Paints.
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PMD warns scorching heatwave to sear Pakistan relentlessly
Islamabad, May 15, 2025 – The Pakistan Meteorological Department (PMD) has issued an advisory warning that an intense heatwave will grip most parts of the country over the next four days. The PMD forecasts unusually high temperatures, urging the public to take precautions to avoid heat-related illnesses.
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Government moves toward tax relief on infant milk powder: minister
ISLAMABAD, May 15, 2025 — Federal Minister for National Food Security and Research, Rana Tanveer Hussain, has assured Nestlé Pakistan of the government’s firm commitment to reducing or eliminating taxes on infant milk powder, recognizing its critical role in child nutrition and development.
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Electricity tariffs slashed by 57% for low-usage consumers: Leghari
Islamabad, May 15, 2025 – Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, announced substantial reductions in electricity tariffs across residential, industrial, and agricultural sectors during the National Assembly’s question hour on Thursday.
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Islamabad scorched by blazing sunshine as heatwave intensifies
Islamabad, May 15, 2025 – The capital city of Pakistan is currently experiencing an intense heatwave, with blazing sunshine gripping the region and no signs of relief in the coming days.
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Pakistan considers tax relief for tobacco sector in FY26 budget
The federal government is currently evaluating a proposal to extend significant tax relief to the tobacco sector in the forthcoming federal budget for the fiscal year 2025–26. Industry representatives have reportedly submitted two key demands: the creation of a third excise duty tier with a lower rate of Rs 2,525 per 1,000 cigarette sticks, and a reduction in the current federal excise duty (FED) from Rs 5,050 to Rs 3,800 per 1,000 sticks.
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Petrol and diesel prices expected to rise from May 16, 2025
ISLAMABAD, May 15, 2025 – Consumers across Pakistan should brace for a potential hike in fuel costs, as the federal government is likely to approve an increase of over Rs 4 per litre in the prices of both petrol and diesel, starting May 16.
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Pakistan boils as deadly May 2025 heatwave looms
Pakistan is preparing to face its first major heatwave of May 2025, as forecast by the Pakistan Meteorological Department (PMD).
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