Govt set to replace net metering system with net billing policy

Govt set to replace net metering system with net billing policy Solar electricity exported to grid to be credited at lower rate. Previously units imported and exported were balanced one-for-one. Got, Discos term it necessary to cover grid infrastructure costs.  LAHORE: Marking a major policy shift with wide-ranging implications, the federal government has initiated the…

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Fitch maintains Pakistan at ‘B-‘ under revised sovereign criteria

Fitch maintains Pakistan at ‘B-‘ under revised sovereign criteria Fitch affirms Pakistan’s long-term instruments at ‘B-‘. Agency assigns ‘RR4’ recovery rating and removes UCO. Debt trajectory and external liquidity pressures remain key risks. KARACHI: Fitch Ratings has affirmed Pakistan’s long-term instruments at ‘B-‘, assigned an ‘RR4’ recovery rating and removed the sovereign from Under Criteria…

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NADRA services now available at over 2,000 e-sahulat franchises in Pakistan

ISLAMABAD: The National Database and Registration Authority (NADRA) services are now accessible at more than 2,000 e-sahulat franchise locations across Pakistan. According to NADRA statement, citizens can renew their CNICs or apply for a replacement for lost identity cards at a franchise conveniently located near their home. For information on the nearest e-sahulat franchise, a…

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NA passes bill seeking to keep lawmakers’ assets ‘confidential’

Elections Amendment Bill now requires approval from Senate and assent from president before it can become law PPP lawmaker Shazia Marri tables bill in lower house. Bill allows withholding asset details over security concerns. Proviso empowers speakers to block public asset disclosure. ISLAMABAD: The National Assembly (NA)  passed the Elections Amendment Bill, 2026, seeking to…

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Pakistan joins Trump’s peace board for ‘lasting peace’ in Gaza

Eight Muslim countries including Pakistan, KSA, Qatar, others issue joint statement on joining Trump’s peace board Pakistan joins Board of Peace after US invitation. Focus on Gaza ceasefire, aid and reconstruction. Supports two-state solution under UN resolutions. ISLAMABAD: Pakistan has decided to join US President Donald Trump’s Board of Peace (BoP), the Foreign Office announced,…

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