News

Biden hikes US tariffs on Chinese imports

US President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks. China immediately vowed retaliation. Its commerce ministry said Beijing was opposed to the US ta

FOSPAH urges property rights awareness

An official from the Federal Ombudsman Secretariat for Protection Against Harassment (FOSPAH), on Tuesday, stressed the critical necessity of raising awareness regarding the effective implementation of the Property Rights Act of 2020. The official underscored the multitude of challenges encountered by women, particularly concerning property rights post-marriage. The senior official underscored

Strategy sought to run tube wells on solar energy

Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Tuesday directed the Power Division and the provincial government of Balochistan to devise a comprehensive strategy for shifting agricultural tube wells to solar energy, which would ensure cost-effective electricity supply to farmers in the province. Chairing a high-level meeting, the minister discussed matters related to

Power sector suffers Rs589b loss

As consumers start facing the sweltering heat of summer and the pain of load-shedding, the power sector seems to be getting out of control of the Shehbaz Sharif-led government as electricity theft and less-than-required bill recoveries are estimated to have caused a loss of Rs589 billion so far in the current financial year. With hefty losses and unchecked electricity stealing, the government h

Minister unveils Sindh’s industrial expansion plan

Sindh Minister for Industries and Commerce, Jam Ikramullah Dharejo, announced that the Sindh government is planning to establish new industrial zones across the province, primarily in Karachi, as part of a new industrialisation policy. The aim is to attract both local and foreign investors and businessmen to boost economic activities throughout the province. He made these remarks while addre