Shalimar Express Derails Near Shahdadpur, No Casualties

Four air-conditioned parlour coaches of the Karachi-to-Lahore Shalimar Express derailed near Shahdadpur railway station, disrupting train operations. No casualties occurred, but passengers faced delays and shortages.

NEPRA Allows DISCOs to Charge Extra Rs1.42 per Unit

The National Electric Power Regulatory Authority has approved a quarterly tariff adjustment, allowing distribution companies to collect an additional Rs1.42 per unit from consumers for the January-March 2026 period.

PFA Discards Fake Milk, Lodges FIR, Seizes Vehicle

The Punjab Food Authority (PFA) has taken strict action by discarding 1,350 litres of fake milk, filing an FIR, and seizing the supplier's vehicle in a major crackdown on adulterated dairy products.

Petroleum Dealers Demand 8% Commission Increase

Petroleum pump owners and dealers in Pakistan are demanding an 8% increase in their commission, citing rising operational costs and inflation. This move could impact fuel prices and the broader economy.

SECP Approves 9 Pension Funds for Balochistan, Punjab

The SECP has approved eight pension funds for Balochistan and one for Punjab, advancing Pakistan's pension reform. This brings Balochistan's total to 15 and Punjab's to 25, managed by firms like JS Investments and AWT Investments.

PM Shehbaz Rejects Tax Plans, No Mini-Budget in June

Prime Minister Shehbaz Sharif has firmly rejected new tax proposals and announced there will be no mini-budget in June, focusing instead on economic stability and relief for citizens amid fiscal challenges.

PM Reviews Fuel Subsidy Amid Regional Tensions

Prime Minister Shehbaz Sharif chaired a high-level meeting to review the implementation of fuel subsidies, focusing on economic stability and consumer relief amid rising regional geopolitical tensions.

Business Leaders Demand Fuel Price Rollback

Business leaders in Pakistan demand a rollback of recent fuel price hikes, citing severe economic strain on industries and consumers, and warn of potential inflation and job losses.

PSX Plunges 1,600 Points on Economic Fears

The Pakistan Stock Exchange experienced a sharp decline of 1,600 points, driven by economic instability, global market trends, and investor concerns over inflation and policy decisions.

Gold Prices Rise in Pakistan and Global Markets

Gold prices have increased significantly in Pakistan and global markets due to economic factors, impacting investors and consumers. This rise reflects ongoing market volatility and demand for safe-haven assets.

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