Fuel price hike notification challenged in Peshawar High Court
A lawyer on Saturday moved Peshawar High Court, challenging hike in prices of petroleum products by federal government. Advocate Gul Daraz Khan filed a petition,…
Business
US–Israel War With Iran Sends Shockwaves Through Global Business
Global businesses are feeling the impact of the escalating conflict between the United States, Israel, and Iran, as rising energy prices and disrupted trade routes…
Fuel Prices to Be Reduced Once Situation Improves: Petroleum Minister
ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has said the government will reduce fuel prices once the regional situation stabilises, adding that the recent increase…
Govt increases petrol, diesel prices by Rs55 per litre amid Middle East tensions
The federal government has raised petrol prices by Rs55 per litre as surging global oil prices, fuelled by the US‑Israel war with Iran, put pressure…
IMF Urges Pakistan to Raise Fuel Prices in Virtual Talks
ISLAMABAD: Pakistan and the International Monetary Fund held virtual discussions during which the IMF reportedly urged the government to increase petrol and diesel prices immediately,…
Ogra warns of strict action against illegal hoarding of petroleum products
The Oil and Gas Regulatory Authority (Ogra) on Thursday warned of strict action against any individual or entity found involved in the illegal hoarding of…
Saudi Oil Supply Assurance Lifts Pakistan Stock Market
KARACHI: The Pakistan Stock Exchange rallied on Thursday after Saudi Arabia assured Pakistan of facilitating crude oil shipments through the Red Sea port of Yanbu…
Gold Price Drops by Rs10,000 Per Tola in Pakistan
KARACHI: Gold prices in Pakistan witnessed a sharp decline on Wednesday, with the price of 24-karat gold falling by Rs10,000 per tola, according to the…
Nepra Approves Temporary Electricity Tariff Hike
Pakistan’s power regulator National Electric Power Regulatory Authority (Nepra) has approved a temporary increase of Rs0.35 per unit in electricity tariffs for three months to…
PSX Rebounds, Gains Over 4,000 Points After Historic Crash
The Pakistan Stock Exchange (PSX) staged a strong comeback on Tuesday, recovering more than 2,000 points after suffering its steepest one-day decline in history. The…