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KP Assembly denounces Punjab govt’s ‘wheat blockade’, threatens response

The Khyber Pakhtunkhwa Assembly on Tuesday unanimously passed a resolution, denouncing the Punjab government’s ‘restrictions’ on wheat supply amid claims about a 68 per cent hike in flour prices across the province. Lawmakers from both sides of the aisle criticised the Punjab government for ‘restricting’ wheat movement from the province to KP, insisting the move has caused a crisis-like situati

Nepra announces Rs1.79 per unit refund to consumers for July

The National Elec­t­ric Power Regulatory Authority (Nepra) on Tuesday notified a negative fuel cost adjustment (FCA) of Rs1.79 per unit for consumers in September’s bills for power consumed in the month of July. According to a notification issued by Nepra today, the authority “decided to allow a negative FCA of Rs1.7859/kWh for July 2025, to be passed on to the consumers in the billing month of

Equities surge past 156,000-point milestone despite flood challenges

Amid ongoing economic challenges, including the aftermath of devastating floods, Pakistan’s stock market extended its bullish momentum for a seventh consecutive session on Monday. This remarkable rally saw the benchmark KSE 100 Index surpass the 156,000-point mark for the first time in the history of the Pakistan Stock Exchange (PSX), driven by strong corporate earnings reports. According to

Remittances stay strong despite incentives cut

Remittances sent by overseas Pakis­tanis have remained robust despite the rationalisation of incentives for banks and exchange companies. According to the State Bank of Pakistan (SBP), remittance inflows in the first two months of FY26 rose by 7pc, dispelling fears that a reduction in incentives would lead to a decline in remittances. In August, remittances totalled $3.137 billion, showing a

AGP denies errors, defends integrity of audit reports

The Auditor General of Pakistan (AGP) on Monday rejected media reports alleging errors and miscalculations in its audit reports released last month, which had highlighted more than Rs375 trillion in financial irregularities, loss of public money and lack of intended impact of public investments. “AGP rejects allegations of errors in audit reports,” said a statement issued by the Department of t