Danish PM quits after election setback

Denmark’s Prime Minister Mette Frederiksen has resigned following a sharp electoral setback, though she remains a leading contender to return to power after complex negotiations in a fragmented parliament. Frederiksen’s Social Democrats suffered their worst election result since 1903, winning 38 seats in the 179-member Folketing, down from 50 in the previous vote, in what […]

SECP okays seven pension funds

The Securities and Exchange Commission of Pakistan (SECP) has approved seven pension funds for the government of Balochistan, which reflects the practical implementation of the Defined Contribution pension model in the province. This initiative is part of the government’s broader strategy to shift from the traditional Defined Benefit pension system to a more sustainable and […]

EVs face grid, land, trust deficits

Pakistan’s EV push has gained momentum as two firms announced plans to install 500 charging stations nationwide within two years, underscoring both ambition and structural challenges. The move comes amid energy constraints, but the rapid rise of rooftop solar offers a viable pathway to integrate EV infrastructure into a more resilient energy ecosystem. At present, […]

EVs face grid, land, trust deficits

Pakistan’s EV push has gained momentum as two firms announced plans to install 500 charging stations nationwide within two years, underscoring both ambition and structural challenges. The move comes amid energy constraints, but the rapid rise of rooftop solar offers a viable pathway to integrate EV infrastructure into a more resilient energy ecosystem. At present, […]

Industrial tariff reform plan under review

The Power Division is considering the introduction of a new optional tariff mechanism for industrial consumers, aimed at improving electricity utilisation efficiency and enabling cost-reflective pricing based on time-of-use consumption patterns. According to an official statement issued on Wednesday, the proposal is being developed under the direction of Federal Minister for Power Division Sardar Awais […]