Donors for power tariff cut sought

[ad_1] Listen to article ISLAMABAD: The government on Friday pitched a new package before foreign donors for up to Rs10.5 per unit reduction in prices on additional use of electricity by industrial and agricultural sector consumers to boost demand, which had dipped by one-fifth due to unaffordable prices. The Minister for Power, Sardar Awais Laghari, shared the … Read more

Import duties on food, auto cut

[ad_1] Listen to article ISLAMABAD: In a major policy shift, the government on Tuesday announced a significant reduction in restrictive regulatory duties on imported food, vehicles, and personal care goods. The decision benefits international food franchises and importers of new and old vehicles. The Federal Board of Revenue (FBR) issued a notification reducing regulatory duties on hundreds … Read more

Trump threatens to cut Tesla, SpaceX funding in ongoing feud with Musk

[ad_1] US President Donald Trump on Tuesday threatened to cut off billions of dollars in subsidies that Elon Musk’s companies receive from the federal government, escalating a public feud between the president and the billionaire tech magnate. The clash reignited on Monday when Musk, a one-time Trump ally who spent hundreds of millions supporting his … Read more

Tariff cut on chemicals, plastic stokes concerns

[ad_1] Listen to article ISLAMABAD: The chemical and plastic manufacturing sector has voiced serious concerns over the proposed tariff reduction on the import of chemicals and plastics. According to industry experts, such changes could trigger an irreversible decline in a sector that forms the backbone of Pakistan’s industrial value chain. The local industry has urged the government … Read more

Dairy industry offers price cut by Rs50 if tax reduced

[ad_1] Listen to article ISLAMABAD: Pakistan Dairy Association has offered a reduction of Rs50 per litre in milk prices, if sales tax rate is revised downwards from 18% to 5% while approving the federal budget for fiscal year 2025-26. The government’s refusal to cut sales tax on packaged dairy milk in the budget has caused dismay among … Read more

Simone Ashley attends ‘F1’ London premiere after director confirms her role was cut from final film

[ad_1] Simone Ashley attended the London premiere of F1 despite her role being removed from the film. The Bridgerton star was all smiles on the red carpet at Cineworld Leicester Square, in a Balmain Fall-winter 2025 metallic gold peplum dress by Olivier Rousteing. Photo: Instagram Ashley was cast in the Formula One racing drama in … Read more

Climate change could cut crop yields up to a quarter

[ad_1] PARIS: Climate change is on track to reduce by 11 percent in 2100 the yields that today provide two-thirds of humanity’s calories from crops, even taking into account adaptation to a warming world, scientists said Wednesday. As soon as 2050, this “moderate” scenario in which greenhouse gas emissions peak around 2040 and slowly taper … Read more

‘52% duty cut to boost exports’

[ad_1] Listen to article ISLAMABAD: The government on Wednesday claimed a drastic 52% cut in import duties will lead to exports rising faster than imports, while revenues will grow by one-tenth. However, it admitted these projections are based on calculations by the World Bank. Proceedings of the National Assembly Standing Committee on Finance revealed that the government … Read more

F1 director explains why Simone Ashley’s role was cut from final version of Brad Pitt film

[ad_1] Simone Ashley’s role in the upcoming racing drama F1 has been largely removed from the final version of the film, which premieres in theaters on June 27. Although her casting alongside Brad Pitt and Damson Idris was announced in July 2024 and she was photographed filming, the Bridgerton star’s appearance in the movie is … Read more

Metro fare cut sparks funding debate

[ad_1] ISLAMABAD: The recent rollback of the Metro Bus fare from Rs100 to Rs50, following public outcry and the prime minister’s intervention, has offered immediate relief to thousands of commuters in Islamabad and Rawalpindi. But behind the applause lies a more complex challenge: how to sustain quality public transport while keeping it affordable for the … Read more