NGC to launch new operating model from July to modernise national grid

Power minister backs overhaul aimed at boosting efficiency, transparency and reliability in transmission system To cover losses, successive governments have increased electricity prices and imposed a Rs3.23 per unit surcharge to service debts taken for power distribution companies, pushing energy prices to the highest levels in the region. Photo: file The National Grid Company of … Read more

War shakes global luxury market

tribune

Major luxury stocks have fallen 15% or more since the Iran war started a month ago, and sales in the increasingly important Middle East market could drop by half, international media outlet CNBC reported on its website on Friday. Quoting market analysts, the report revealed that shares of major fashion brands LVMH and Hermes were … Read more

President Zardari, PM Shehbaz urge nationwide participation in Earth Hour

Observe annually on last Saturday of March, Earth Hour is marked symbolically by switching off non-essential lights A view of lights shut off at the PM Office last year in observance of the International Earth Hour. PHOTO: FILE President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Saturday urged the nation to actively participate … Read more