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Power firms seek to recover Rs34b from consumers

[ ISLAMABAD: Despite a revision in agreements between the government and independent power producers (IPPs), capacity payments still continue to haunt end-users as power distribution companies (DISCOs) have called for passing on the burden of Rs34 billion to consumers, mainly on account of capacity charges. These payments will be made to those idle power plants, … Read more

Meta says it has taken down 756,000 Australian teen accounts as ban enforcement looms

Company says it has deactivated 462,000 suspect Instagram accounts and 294,000 suspect Facebook accounts Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch and Reddit applications are displayed on a mobile phone ahead of new law banning social media for users under 16 in Australia, in this picture illustration taken on December 9, 2025. — REUTERS Facebook ​and … Read more

US senator demands answers on USS Abraham Lincoln’s extended deployment

Blumenthal says carrier has gone more than 200 days without a port call, setting a record for consecutive days at sea US Senator Richard Blumenthal on Wednesday demanded answers from Defence Secretary Pete Hegseth and acting Navy Secretary Hung Cao over conditions aboard the USS Abraham Lincoln, which has remained at sea for more than 250 … Read more

Shelton reaches Montreal final

MONTREAL: Defending champion Ben Shelton shook off a nasty crash into a backcourt hoarding as he steamrolled Learner Tien 6-2, 6-3 to reach the final of the ATP Montreal Masters on Wednesday. Shelton, who won the title in Toronto last year in the ATP Masters 1000 event that alternates between cities, will try to double … Read more

Oil eases as weaker demand outlook counters Mideast supply concerns

[ The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices eased on Thursday after gains in previous sessions, as attention turned ‌to expectations of weaker global oil demand this year, while there was no progress on opening the vital Strait of Hormuz. Brent futures slipped 42 cents, or … Read more

Debt, liabilities near Rs100tr

[ Servicing costs fall by Rs1.2tr to Rs12tr in FY26; debt-to-GDP ratio also contracts ISLAMABAD: Pakistan’s total debt and liabilities mounted to nearly Rs100 trillion by June 2026, eating up Rs12 trillion in servicing costs in the last fiscal year, amid signs of reversal of high indebtedness due to an improvement compared to the size … Read more