Faraz Ali Ansari, Author at Focus Pakistan

Faraz Ali Ansari

Petrol Price Cut Pakistan expected as petrol may drop Rs22 per litre and diesel Rs39 across Pakistan amid falling global oil prices and upcoming fuel review.

Petrol Set to Drop Rs22, Diesel Rs39 Across Pakistan

Faraz Ali Ansari2026-06-18

KARACHI: Pakistani motorists and the transport sector look set for their biggest fuel relief in months, with petrol prices projected to fall Rs22 per litre to around Rs351 and High-Speed Diesel expected to tumble Rs39 per litre to approximately Rs339 in the upcoming fortnightly review. The cuts, if confirmed, would rank among the steepest single-cycle ... Read more

Hinopak Profit rises 234 percent as company announces 109.1 percent cash dividend

Hinopak Profit Jumps 234%, Board Approves 109% Cash Dividend

Faraz Ali Ansari2026-06-18

KARACHI: Hinopak Motors Limited reported an impressive turnaround in terms of profits during the financial year 2025-26, resulting in increased net income, which led to the declaration of a handsome dividend by the company’s board in the form of a cash payout amounting to 109.1% or Rs10.91 per share. Hinopak Motors Limited has notified the ... Read more

Muharram Security App launched in Islamabad with drone surveillance and geo-tagging for enhanced Muharram security

Muharram Security App Debuts as Islamabad Unveils Smart Safety Shield

Faraz Ali Ansari2026-06-18

ISLAMABAD: In a revolutionary step taken by the federal capital, a new app called “Mehfooz Muharram” (Safe Muharram) has been introduced. It is an advanced app designed to usher in the future of security in terms of Muharram-ul-Haram. By combining geo-tagging technology with drone surveillance, the government aims to create a bulletproof framework for religious ... Read more

Punjab Juvenile Motorcycle Permit allows teenagers aged 16 to 18 to ride legally in Punjab

Punjab Lets Teenagers Ride Legally With New Motorcycle Permit

Faraz Ali Ansari2026-06-18

LAHORE: Punjab govt is rolling out the Juvenile Permit which will provide 16 to 18-year-olds an opportunity to drive legally for the very first time in the province. The plan, announced by Punjab CM Maryam Nawaz Sharif, will have a simple procedure to enroll in the program – simply pay the fee, come with your ... Read more

NEPRA Power Tariff Hike as CPPA seeks an 82 paisa per unit increase that could add a Rs12 billion burden on electricity consumers across Pakistan.

NEPRA to Raise Power Tariff by Rs.0.82 Per Unit, Consumers Face Rs12 Billion Shock

Faraz Ali Ansari2026-06-17

ISLAMABAD: The Central Power Purchasing Agency sent a petition to the National Electric Power Regulatory Authority asking for an 82 paisa per unit hike in electricity tariffs in the country and the matter is heading towards a situation where a decision from NEPRA could lead to an addition of Rs. 12 billion in consumer’s electricity ... Read more

akistan Solar Policy aims to boost local solar panel and battery manufacturing, reduce imports and strengthen Pakistan's renewable energy industry.

Govt Unveils Ambitious Plan for Local Solar Panel and Battery Manufacturing

Faraz Ali Ansari2026-06-17

ISLAMABAD: Pakistan has decided to stop importing solar panels and batteries and start making them at home. Haroon Akhtar Khan, Special Assistant to the Prime Minister on Industries and Production, confirmed the decision on a recent TV show appearnce,” saying the government now puts the new solar policy through its final stages before formal announcement. ... Read more

Pakistan Luxury Vehicle Imports Tax increases under Budget 2026-27 as new duties target luxury cars, SUVs and premium electric vehicles.

Govt Slaps Heavy Excise Duties on Luxury Vehicle Imports

Faraz Ali Ansari2026-06-16

ISLAMABAD: Finance Minister Muhammad Aurangzeb introduced a stringent taxation policy for the automotive industry in the Federal Budget 2026-27. The government is levying heavy taxes on luxury cars imported into the country, indicating that it will start taxing luxury consumption in order to increase its revenue. This fiscal policy aims at imposing taxes on ICE ... Read more

SLM Tyre PSX Listing drives Servis Group into the $1bn club after shares surged on debut trading at the Pakistan Stock Exchange

SLM Shares Surge on Debut, Servis Group Joins $1bn Club

Faraz Ali Ansari2026-06-15

KARACHI: Service Long March Tyres Limited (SLM) shares surged to the maximum allowable daily gain on their first trading day at the Pakistan Stock Exchange (PSX) on Monday, pushing the combined market capitalisation of Servis Group past the $1 billion mark. SLM shares opened at Rs21.95, a 10.03% jump from the issue price and held ... Read more

Pakistan to Lead SCO as Islamabad prepares to assume the chairmanship and host the Pakistan SCO Summit 2026.

Pakistan to Lead SCO as Regional Powers Back Leadership

Faraz Ali Ansari2026-06-15

ISLAMABAD: Pakistan is all set to become the new Chair of the Shanghai Cooperation Organisation (SCO) this September, an event that will usher in a paradigm shift for Islamabad in the international community. Taking over from Uzbekistan for the coming year, Islamabad is set to play a key role in steering the SCO in the ... Read more

Punjab Budget 2026-27 focuses on salary hike, business growth, industrial development and no new taxes in the Rs5.3 trillion provincial budget.

Rs.5.3 Trillion Tax-Free, People-Centric Punjab Budget 2026-27 Due June 16

Faraz Ali Ansari2026-06-15

LAHORE: The Finance Minister of Punjab, Mujtaba Shuja-ur-Rehman, announced that the provincial budget would be proposed on June 16 for fiscal year 2026-27. He revealed the budget will be based on trade and industries in the region, while there would be no imposition of taxes as well. Mujtaba stated that after the presentation of the ... Read more

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Faraz Ali Ansari

Petrol Set to Drop Rs22, Diesel Rs39 Across Pakistan

Hinopak Profit Jumps 234%, Board Approves 109% Cash Dividend

Muharram Security App Debuts as Islamabad Unveils Smart Safety Shield

Punjab Lets Teenagers Ride Legally With New Motorcycle Permit

NEPRA to Raise Power Tariff by Rs.0.82 Per Unit, Consumers Face Rs12 Billion Shock

Govt Unveils Ambitious Plan for Local Solar Panel and Battery Manufacturing

Govt Slaps Heavy Excise Duties on Luxury Vehicle Imports

SLM Shares Surge on Debut, Servis Group Joins $1bn Club

Pakistan to Lead SCO as Regional Powers Back Leadership

Rs.5.3 Trillion Tax-Free, People-Centric Punjab Budget 2026-27 Due June 16

Federal Minister Launches Landmark Wastewater Environmental Strategy

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

BYD Says It Can Overtake Toyota Without Selling a Single Car in America

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Faraz Ali Ansari