Khabristan.pk

PM Shehbaz Sharif has urged the development of plans for business-to-business (B2B) meetings with China, aiming to attract Chinese industries. He plans to visit China from June 4 to 8 and will meet with President Xi Jinping and Premier Li Qiang, as well as hold meetings with Chinese corporate executives and address the China-Pakistan Business Forum.

The Oil and Gas Regulatory Authority (OGRA) has reduced Liquefied Petroleum Gas (LPG) prices by Rs3.87 to Rs234 per kilogram, effective immediately. This is a result of reduced production costs and the arrival of imported LPG shipments. Additionally, petrol and diesel prices are expected to decrease by Rs 5 and Rs 4 per liter, respectively, starting from June 1st.

The Pakistan government will present the budget for the financial year 2024/25 on June 10, delayed from the original date of June 7 due to Prime Minister Shehbaz Sharif's visit to Beijing from June 4 to June 8. Inflation may increase as the IMF has requested Pakistan to reduce sales tax exemptions.

Security forces killed two terrorists during an intelligence-based operation in Peshawar district, as reported by ISPR. The operation resulted in the death of terrorist ringleader Ayaz alias Muhammad and Terrorist Ahmedey alias Koochi, with two others injured. The operation aimed to eliminate terrorist activities and received local appreciation, with weapons and explosives recovered.

Former Australian cricketer Matthew Hayden predicts the semi-finalists for the ICC Men’s T20 World Cup 2024 as India, England, Australia, and South Africa. He also expresses confidence in Pakistan's performance due to their strong bowling lineup but notes their potential weakness in fielding. The tournament begins on June 1 and is co-hosted by the United States and the West Indies.

Minister for Planning, Development, and Special Initiative Prof Ahsan Iqbal was honored by the Asian Productivity Organisation in Kuala Lumpur for his exceptional efforts in socio-economic development. The award acknowledges his policy contributions and strategic leadership, recognizing his achievements in promoting productivity and development in Pakistan through international networks and innovative projects.

MQM-P will meet PM Shehbaz Sharif to discuss reservations regarding NAB law amendments. The party will also address Karachi development projects, traders' issues, political situation, load-shedding, overbilling, law and order, and journalists’ killings. The recent NAB law amendments were labeled as inappropriate by MQM-P, criticizing the extension of remand period and reduction of punishment for NAB officials.

Sindh Energy Minister accuses K-Electric of overbilling government departments, estimating over Rs 20 billion excess charges in 10 years. An audit revealed Rs 2 billion overbilling in the past year. Despite investment in smart meters, K-Electric failed to install them. Minister vows to protect citizens and form a committee to address overbilling issues.