ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday called on the government to seriously work on corrections in power generation contracts to provide substantial relief amid widespread public outcry over a tariff increase of up to Rs7.12 per unit. During a public hearing, Nepra also announced it had taken notice of last month’s overbilling by distribution companies due to changes in the meter reading mechanism to ‘pro rata’ adjustment and had ordered a detailed investigation. Representatives from the power division and its subordinate companies claimed that the average tariff for the current fiscal year would be lower than the previous…
Author: Hasnain Abid Khanzada
RAWALPINDI: As former prime minister Imran Khan faces a jail trial in the £190 million corruption case, former Khyber Pakhtunkhwa chief minister Pervez Khattak arrived in Adiala Jail on Wednesday to testify against him before an accountability court. Before he parted ways with the PTI to form the now-defunct PTI-Parliamentarians in the run-up to the Feb 8 polls, Mr Khattak was a key PTI leader, also serving as defence minister in Mr Khan’s federal cabinet, which he claimed had approved a confidential deed to transfer money, seized by the UK, to Bahria Town owner Malik Riaz. Before Mr Khattak, a number of people…
ISLAMABAD: The Supreme Court full bench had a threadbare discussion on the matter related to reserved seats for women and non-Muslims on Wednesday, a day after closing the hearing on a set of appeals moved by the Sunni Ittehad Council (SIC) and reserving the verdict that is now expected to be announced later this week. The full court after the consultation is expected to come up with an overarching pronouncement on how to allocate reserved seats to the parliamentary parties under the proportional representation system in future. The apex court had earlier reserved its ruling on the appeals against the Election Commission…
ISLAMABAD: Prime Minister Shehbaz Sharif assured the National Assembly on Wednesday that the government has not decided to export wheat from the country, even as the State-Owned Enterprises (Governance and Operations) Bill, 2024 was rushed through the legislature. This controversial amendment, which allows the government to remove board members of SOEs based on recommendations from the board nomination committee, had been passed by the Senate the previous week and will become law upon President Asif Ali Zardari’s assent. “I want to bring it on record before the House that there is no such decision on wheat exports,” the PM said while…
KARACHI: The government borrowed Rs3.2 trillion from scheduled banks from May 15 to June 28 of the fiscal year 2023-24, despite a 30 per cent growth in revenue generation. The latest State Bank data shows that the government borrowed Rs71.8bn per day during the period, reflecting the government’s massive spending of the government. In the budget for FY25, the government has resorted to heavy taxation in order to generate 40 per cent more revenue than what it did the previous fiscal year. Although the government has been hinting at imposing more taxes to increase revenue, there seems to be little effort to curb spending…
KARACHI: The country’s auto sales — cars, jeeps, sport utility vehicles and pickups — touched an 18-month high to 13,284 units during June 2024, showing a growth of 21 per cent month-on-month (MoM) and 120pc year-on-year. In volumetric terms, the MoM jump in car sales is primarily due to an increase in the sales of Indus Motors Company, which rose by 44pc to 2,957 units and Pak Suzuki Motor Company Ltd, which went up by 15pc to 6,885 units in June this year. Hyundai Nishat Motor recorded sales of 1,059 units (up 55pc MoM) while Sazgar Engineering Works (SAZEW) sales were 871…
George Clooney has recently advised Joe Biden to step down from 2024 presidential campaign. In an op-ed for The New York Times, Oscar-winning actor George Clooney wrote that while “I love Joe Biden,” the Democrats “need a new nominee”. “I love Joe Biden. As a senator. As a vice president and as president. I consider him a friend, and I believe in him. Believe in his character. Believe in his morals. In the last four years, he’s won many of the battles he’s faced,” wrote the 63-year-old. George said, “But the one battle he cannot win is the fight against time.…
Brad Pitt and Angelina Jolie’s divorce has not been settled eight years after their public split. A source spilled to the PEOPLE, “Both sides are still talking, but it’s not done yet,” amid divorce negotiations. “Brad Pitt has virtually no contact with their adult children per his agreement with Angelina,” shared an insider. The source told the outlet, “He has visitation with the younger kids.” The insider revealed that the Troy star’s interaction with the younger children was limited because of his filming schedule. In recent months, his interaction with the younger children has been more limited because of his filming schedule for…
Ryan Reynolds revealed his favourite Taylor Swift song after his Deadpool & Wolverine co-star and frenemy, Hugh Jackman, and director Shawn Levy failed to guest it. When asked, Jackman was pretty sure Reynolds favourite Swift song is We Are Never Ever Getting Back Together, considering that the former heard it from the latter “word for word” on the last day of filming Deadpool & Wolverine. Levy took a chance at Gorgeous, but also got the question wrong. Reynolds shared that his favourite Swift song is Betty from the popstar’s 2020 album, Folklore. According to word on the internet, the star chose the song because Swift used the names…
Larsa Pippen can’t seem to believe fans thought she and Teresa Giudice were being serious with their poorly photoshopped picture. During a recent appearance on SiriusXM’s Hits 1 Miami with Mack & Jen, the Real Housewives of Miami star cleared the air that Giudice was just “trying to be funny” with the pair’s picture at the beach for her birthday. “She sent me like three photos and she’s like, ‘Should we be on a beach?’ and I was like running around and I just hearted the beach and I go, ‘We look great on that beach,’” Pippen, 50, recalled. “[I had] no…
