FIA arrests industrialist, former FESCO chiefs in Rs11.96bn power fraud case

The Federal Investigation Agency (FIA) has arrested a prominent Faisalabad-based industrialist and two former chief executives of the Faisalabad Electric Supply Company (FESCO) in connection with an alleged Rs11.96 billion power fraud and corruption case. The suspects, including industrialist Mian Idris, were arrested at Allama Iqbal International Airport, Lahore, while reportedly preparing to travel to…

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Chinese EV makers challenge Japanese dominance in Pakistan’s auto market

Pakistan’s automobile industry is witnessing a significant shift as Chinese electric vehicle (EV) and hybrid manufacturers rapidly expand their presence, posing a serious challenge to Japanese brands that have dominated the country’s market for more than three decades. The growing interest in electric mobility comes amid rising global fuel prices and increasing concerns over energy…

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Pakistan intensifies crackdown on undocumented Afghans in Khyber Pakhtunkhwa

Pakistan has intensified its campaign against undocumented Afghan nationals in Khyber Pakhtunkhwa (KP), where police have launched a large-scale crackdown involving identity checks, housing demolitions, and deportation measures. According to officials, the operation follows directives issued by the Interior Ministry, which instructed law enforcement agencies nationwide to arrest Afghan citizens without valid visas from July…

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Daily fuel pricing to boost transparency, curb market abuse: Ali Pervaiz Malik

Federal Petroleum Minister Ali Pervaiz Malik has said that Pakistan’s transition to a daily petroleum pricing mechanism will improve transparency, eliminate opportunities for market manipulation, and establish a more competitive, consumer-friendly fuel pricing system. Speaking during a meeting with key stakeholders from the petroleum industry, the minister described the reform as a major step towards…

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