KARACHI, April 23, 2026 – Oil and Gas Development Company Limited (OGDCL) has successfully revived gas production from the Jand-1 well in Punjab’s Attock district, significantly increasing output and reinforcing efforts to enhance domestic energy supply.
(more…)Author: Faisal Shahnawaz
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Tesla reports 16% revenue growth in Q1 2026 as profits and deliveries rise
Tesla reported a 16% rise in first-quarter revenue on Wednesday, driven by higher vehicle deliveries, improved margins and expanding global demand, as the electric vehicle maker continued to invest in artificial intelligence and next-generation products.
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Bitcoin rallies near $79,000 after Trump extends Iran ceasefire
Bitcoin climbed sharply to near $79,000 on Wednesday after financial markets reacted to U.S. President Donald Trump’s decision to extend the Iran ceasefire, easing geopolitical tensions and boosting risk appetite across global assets.
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Hyderabad Kingsmen chase 214 to beat Multan Sultans in PSL run-fest
KARACHI, April 22, 2026 — Hyderabad Kingsmen pulled off a thrilling four-wicket victory over Multan Sultans in a high-scoring encounter of the Pakistan Super League (PSL) Season 11 at the National Bank Stadium on Wednesday, powered by a blistering century from Usman Khan.
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SECP approves IPOs of Sitara Petroleum and LSE SPAC-I, boosting PSX activity
Islamabad, April 22, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved two new Initial Public Offerings (IPOs), signaling continued momentum in Pakistan’s capital markets despite global and regional uncertainties.
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PM Shehbaz orders faster EV adoption to cut Pakistan’s fuel import bill
Islamabad, April 22, 2026 – Prime Minister Shehbaz Sharif on Wednesday directed authorities to accelerate the promotion of electric vehicles (EVs) across Pakistan, emphasizing that a rapid shift toward clean transportation is essential to reduce fuel import costs and enhance long-term energy security.
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Pakistan rupee gains against US dollar on strong foreign inflows
Karachi, April 22, 2026 – The Pakistani rupee posted a modest gain against the US dollar on Wednesday, supported by strong foreign inflows and improved market sentiment, according to data released by the State Bank of Pakistan.
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SNGPL clarifies disputed tax demand, says no financial impact
KARACHI, April 22, 2026 – Sui Northern Gas Pipelines Limited (SNGPL) on Wednesday clarified a disputed tax demand raised by authorities, stating that the matter is historical in nature and has no impact on the company’s current or future financial position.
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KSE-100 falls 1,576 points as volatility grips Pakistan stocks
KARACHI, April 22, 2026 – Pakistan’s benchmark KSE-100 index extended losses on Wednesday, dropping 1,576 points as volatile investor sentiment weighed on trading at the Pakistan Stock Exchange (PSX), market data showed.
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Pak Suzuki Announces Launch Date for Suzuki Fronx Hybrid in Pakistan
In a major development for Pakistan’s evolving auto market, Pak Suzuki Motor Company has officially announced the launch date of its much-anticipated hybrid crossover, the Suzuki Fronx Hybrid.
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