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Govt renegotiating contracts with IPPS to control ‘unsustainable’ tariffs, says power minister D_Trends

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Govt renegotiating contracts with IPPS to control ‘unsustainable’ tariffs, says power minister D_Trends

Pakistan is renegotiating contracts with independent power producers to rein in “unsustainable” electricity tariffs, the head of the power ministry said, as households and businesses buckle under soaring energy costs. Rising power tariffs have stirred social unrest and shuttered industries in the $350 billion economy, which has contracted twice in recent years as inflation hit … Read more

Nimir Industrial assumes control of Procter & Gamble’s soap plant in Balochistan  D_Trends

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Nimir Industrial assumes control of Procter & Gamble’s soap plant in Balochistan  D_Trends

Nimir Industrial Chemicals Limited (NICL) has officially taken operational control of the soap manufacturing facility in Hub, Balochistan, after completing its acquisition from Procter & Gamble Pakistan (Pvt.) Limited.  The transfer was finalised on September 1, 2024, following a series of earlier notifications throughout the year. “We are pleased to inform you that the transfer … Read more

Pakistan strike early as Bangladesh look to regain control in second Test D Trends

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Pakistan strike early as Bangladesh look to regain control in second Test D Trends

Pakistani players look on during the second Test against Bangladesh at Rawalpindi Cricket Stadium on August 31, 2024. — PCB RAWALPINDI: Pakistan Sunday struck early to dismiss multiple Bangladeshi batters on the third day of the second Test as the visitors look to regain control in the match being played at Rawalpindi Cricket Stadium. Bangladesh … Read more

Pakistan alerts OIC to India’s Kashmir control measures amid growing tensions Dtrends

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Pakistan alerts OIC to India’s Kashmir control measures amid growing tensions Dtrends

Pakistan’s Foreign Secretary Muhammad Syrus Sajjad Qazi on Friday updated the Organization of Islamic Cooperation (OIC) on the situation in Indian Illegally Occupied Jammu and Kashmir (IIOJK), highlighting concerns over India’s efforts to tighten its control over the region through what he described as an “atmosphere of intimidation and fear.” Leading Pakistan’s delegation at the … Read more

Germany deports first Afghan nationals since Taliban govt took control Dtrends

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Germany deports first Afghan nationals since Taliban govt took control Dtrends

Afghan people enter Pakistan at the Pakistan-Afghanistan border in Chaman after the Taliban’s military takeover of Afghanistan in August 2021. — AFP  FRANKFURT: Germany said it carried out Friday the first deportation of Afghans back to their home country since Taliban authorities took power in August 2021, as Berlin faces pressure to crack down on … Read more

Australia to cap foreign student intake in effort to control migration Dtrends

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Australia to cap foreign student intake in effort to control migration Dtrends

Students walk past stalls during the orientation week at The University of Sydney, in Camperdown, Australia February 15, 2023. — Reuters  Australia announced Tuesday that it plans to limit the number of international students enrolling to 270,000 by 2025 in an effort to manage the surge in home rental prices attributed to record migration. According … Read more

Ukraine takes ‘control of 1,000sq-km of Russia’s Kursk region’ Dtrends

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Ukraine takes ‘control of 1,000sq-km of Russia’s Kursk region’ Dtrends

Ukranian servicemen ride a military vehicle near the Russian border in Sumy region. amid Russia’s attack on Ukraine, near the Russian border in Sumy region, Ukraine on August 12, 2024. — Reuters Ukraine’s top commander said on Monday Kyiv controlled around 1,000sq-km of Russia’s Kursk region, his first public comments since Ukraine launched its biggest cross-border … Read more

‘Generals, bureaucrats have taken control of country’, laments CJP Isa Dtrends

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‘Generals, bureaucrats have taken control of country’, laments CJP Isa Dtrends

ISLAMABAD: The Supreme Court of Pakistan has intervened to prevent the removal of Rana Saeed as Chairperson of the Wildlife Board, while also suspending the notification that placed the Wildlife Board under the jurisdiction of the Interior Ministry. During a hearing concerning commercial activities in the Margalla National Park, Chief Justice Qazi Faez Isa remarked, … Read more

‘External sector crisis under control’ D_Trends

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‘External sector crisis under control’ D_Trends

ISLAMABAD: Pakistan’s central bank Governor, Jameel Ahmad, announced on Wednesday that inflation might surge in the coming months due to budgetary measures, rising energy prices, and the ongoing situation in the Middle East. However, he assured that the foreign debt repayment crisis is now over. He further stated that Pakistan’s foreign exchange reserves cover remains … Read more