News

Roller-compact-concrete work on Bhasha dam to begin next year

The Water and Power Dev­e­lopment Auth­ority is set to start RCC work on the Diamer-Bha­sha dam early next year, according to a statement released on Tuesday. “The under-construction Diamer-Bhasha Dam project is all set to achieve yet another milestone as roller-compact-concrete (RCC) work of the main dam will commence in early 2026 after completion of trials and excavation work on abutment and

Yamaha discontinues bike assembly

In a significant development for Pakistan’s organised auto sector, Yamaha Motor Pakistan Ltd (YMPL) has announced the discontinuation of its motorcycle assembly operations. The decision comes as part of a change in the company’s business strategy. According to a letter posted on the company’s website and sent to its authorised dealers, Yamaha will continue to supply spare parts through its auth

Heavy Electrical Complex acquisition cleared

The Co­­mpetition Commission of Pakistan (CCP) has ap­­pr­oved the acquisition of a shareholding in Heavy Electrical Complex (Priv­ate) Ltd by DW Pakistan (Pvt) Ltd from IMS Engi­neering (Pvt) Ltd, under a share purchase agreement. DW Pakistan, a conglomerate involved in investment and acquisitions across various sectors, is not currently active in manufacturing, engineering, or energy markets.

Apple unveils iPhone 17 Air amid AI race and tariff pressures

Apple unveiled its iPhone 17 lineup on Tuesday, featuring its thinnest smartphone ever, as the tech giant works to prove it can keep pace in the generative AI race. The Silicon Valley powerhouse held its annual iPhone release event amid mounting pressures: the White House is pushing the company to reduce its dependence on Chinese manufacturing, while investors question whether Apple is truly re

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