Prime Minister Shehbaz Sharif announced a significant reduction in industrial wheeling charges, lowering the cost by Rs. 4.04 per unit to support exporters and stimulate industrial activity. The wheeling charges, previously Rs. 12.55 per unit, have been cut to Rs. 8.51 per unit, with plans to further reduce them by Rs. 9 per kilowatt hour to enhance industrial competitiveness.

The Punjab Land Records Authority has made it mandatory to include the buyer’s name and CNIC number on the Fard Baraye Bay, a key legal document used in property transactions, to enhance transparency and prevent fraud across the province. The new requirement ensures that every Fard Baraye Bay issued for sale clearly identifies the intended buyer, reducing the risk of duplication, forgery, and

The National Assembly’s Standing Committee on National Food Security and Research has requested Prime Minister Shehbaz Sharif’s intervention to address the ongoing potato crop crisis and stabilize falling market prices. During a meeting held in Islamabad, chaired by Syed Tariq Hussain, the committee decided to write to the prime minister and seek a briefing next week on the severity of the

Pakistan and Rwanda have agreed to work toward direct trade and shipping links, identifying supply chain connectivity and reduced transit costs as key priorities to strengthen bilateral economic cooperation. The understanding was reached during the Rwanda Coffee Festival held in Islamabad, which was inaugurated by Federal Minister for Commerce Jam Kamal Khan.

The federal government has announced a reduction of approximately 4.04 rupees per unit in electricity costs for industrial consumers following Prime Minister Shehbaz Sharif’s approval to remove cross-subsidy charges from power bills. Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari stated that this move eliminates a long-standing burden on industrial electricity tariffs. The

The Pakistani rupee continued its strong performance, closing in green against the US Dollar for the 91st consecutive day on Friday. The currency gained three paisas against the US Dollar, ending at 279.77 PKR, while also posting gains against most other major currencies in the interbank market.

International silver has officially entered bear market territory, falling 22 percent from its recent record high. As of 3:20 PM, silver prices dropped below $98 per ounce after reaching as high as $122 per ounce earlier in the week. Current spot rates remain around $98 per ounce, reflecting profit-taking and typical market volatility amid economic uncertainty.

The federal government has prioritized the outsourcing of Islamabad International Airport through an open and competitive bidding process following the privatization of Pakistan International Airlines. Officials informed a parliamentary committee that airport management will be awarded to the bidder offering the highest value, with a financial adviser appointed to structure the transaction and

Gold and silver prices declined sharply across Pakistan on Friday, January 30, following a steep fall in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association. The price of 24-karat gold per tola dropped by Rs35,500 to Rs537,362, marking one of the most significant single-day declines recorded in recent months.

Gold prices dropped sharply on Friday, falling more than 4% amid rumors that the next Federal Reserve chair could adopt a more hawkish stance, though the metal remains on track for its strongest monthly gain since 1980.