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Energy

Government Apologizes for Peak Nighttime Load Shedding Due to RLNG Shortage

Pakistan is experiencing temporary additional load-shedding during peak nighttime hours after a shortage of Re-Gasified Liquefied Natural Gas (RLNG) affected electricity generation, according to the Power Division. The non-availability of an RLNG cargo has reportedly resulted in a reduction of aroun

Economy

Gold price drops to Rs 454,036 per tola, shedding Rs 11,300 in a single day

Gold prices in Pakistan dropped sharply on Wednesday, September 2, with the price of 24 karat gold falling by Rs. 11,300 per tola. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold reached Rs. 454,036 per tola. The price of 10 grams of gold also declined by Rs. 9,688

Education

BISE Lahore Reports 53% of 9th Grade Students Failed SSC Part‑I Exams in 2026

More than half of the students who appeared in the 9th class exams under the Lahore Board have failed, according to the 2026 results announced on September 2. The Board of Intermediate and Secondary Education (BISE) Lahore reported that 280,676 students appeared in the SSC Part-I annual examination.

General

Pakistan Army Opens 2026 Recruitment for JCO and General Duty Positions

The Pakistan Army has opened recruitment for several positions under its 2026 intake, giving eligible candidates a chance to join the force in different roles. Available Positions Position Minimum Education Age Limit JCO, Naib Khateeb Dars-e-Nizami + FA/FSc or equivalent 20 to 28 years General Duty

General

Etihad Town hands over Phase‑II possession to buyers ahead of schedule

Etihad Town, recognized as Pakistan’s most trustworthy real estate brand, hosted a grand possession ceremony for Etihad Town Phase – II, marking the successful completion of the development and the formal handover of possession to customers. The well-attended event took place at the Etihad Town Phas

Finance

SBP Records Rs 1.99 Trillion Profit FY2025-26, Down From Rs 2.5 Trillion.

The State Bank of Pakistan (SBP) recorded a net profit of nearly Rs 2 trillion during the financial year ended June 30, 2026. According to its annual financial statements, the central bank earned Rs 1.99 trillion, compared with Rs 2.5 trillion in the previous year. This represents a decline of about

Automotive

Pak Suzuki stops sales of Cultus VXR and VXL‑AGS models with immediate effect

Pak Suzuki has discontinued the Cultus VXR and Cultus VXL-AGS variants with immediate effect, marking a significant change in the company’s current passenger car lineup. Authorised dealerships have also been instructed to stop accepting new bookings for both variants. Following the decision, the Cul

Health

Siemens Healthineers appoints Evelyn Gunnewig as CEO of Pakistan

Siemens Healthineers has appointed Evelyn Gunnewig as Chief Executive Officer of Pakistan, reinforcing the company’s more than 100-year commitment to advancing healthcare in Pakistan through innovation, digitalization and AI-enabled technologies. In her new role, Gunnewig will lead the company’s str

Health

CDA fines 48 Islamabad hospitals Rs14.05 million for fire safety violations

The Capital Development Authority has taken action against 48 public and private hospitals and medical centres in Islamabad after inspections uncovered serious gaps in fire and life safety arrangements. The healthcare facilities have collectively been fined Rs14.05 million following enforcement insp

Startups

Fatima Gobi Ventures' early investment propels Fasset to $1 billion valuation

The easiest time to recognise a billion-dollar company is when it’s already worth a billion dollars. Venture capital exists to spot that potential much earlier and provide the founders the capital and resources to get there Fasset, the global fintech company, has now reached a US$1B valuation follow