Four Vehicles Impounded, 20 Fined for Overcharging
Authorities have impounded four vehicles and fined 20 others in a crackdown on overcharging by transport operators, aiming to protect consumers from price gouging.
Category : Business
5G Seen as Catalyst to Increase Pakistan's IT Exports
Industry experts highlight 5G as a transformative force for Pakistan's IT sector, predicting significant growth in exports through enhanced connectivity and innovation.
Fertilizer Sector Profit Hits Rs141.1 Billion in 2025
Pakistan's listed fertilizer industry achieved a net profit of Rs141.1 billion in 2025, marking a 10% annual increase driven by higher urea sales and improved other income, despite a slight margin decline due to company discounts.
Iran Conflict Threatens Global Food Supply, Experts Warn
The ongoing conflict in Iran poses a severe risk to global food security, disrupting supply chains and threatening agricultural exports worldwide.
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Global Oil Crisis Worsens with Supply Shortages and Tensions
The global oil crisis is intensifying beyond initial projections, driven by severe supply shortages, escalating geopolitical conflicts, and rising demand, threatening economic stability worldwide.
US Trade Probes Against 16 Partners Spark Global Tensions
The United States has initiated sweeping trade investigations targeting 16 major trading partners, including China, the EU, and Pakistan, under Section 301. China condemns the move as unilateralist, warning it could disrupt global trade rules and economic
Petroleum Prices Unchanged Despite Global Market Increase
Prime Minister Shehbaz Sharif has decided to keep petroleum prices unchanged in Pakistan, despite a significant increase in international oil markets, aiming to provide relief to citizens.
Gold Prices Fall in Pakistan and Global Markets
Gold prices have declined in Pakistan and globally, driven by a stronger US dollar and reduced demand. This trend impacts local markets, with rates dropping significantly.
PSX Ends Lackluster Session as KSE-100 Slips 555 Points
The Pakistan Stock Exchange concluded a lackluster trading session with the benchmark KSE-100 index declining by 555 points, reflecting ongoing market volatility and investor caution amid economic uncertainties.
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IMF Reports Progress in Talks with Pakistan
The International Monetary Fund has reported significant progress in discussions with Pakistan, focusing on economic reforms and fiscal stability measures.
PSX Plunges, Loses Over 1,400 Points in Bearish Session
The Pakistan Stock Exchange (PSX) experienced a significant downturn, shedding 1,437 points as bearish sentiment dominated trading. Key factors include political uncertainty, economic pressures, and regional tensions impacting investor confidence.
Senator Krishna Kumari Advocates for Women in Agriculture
Senator Krishna Kumari highlighted the crucial role of women in agriculture for national development and food security, urging a comprehensive strategy for their welfare at a Sindh Agriculture University event.
PM Shehbaz Sharif Calls for Rapid Economic Reforms
Prime Minister Shehbaz Sharif has directed his cabinet to accelerate economic reforms, focusing on inflation control, investment, and trade to stabilize Pakistan's economy amid challenges.
Life Insurance Guide: When You Actually Need It
Financial experts explain when life insurance becomes essential, detailing policy types, costs, and key considerations for those with dependents or planning ahead.
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Jet Fuel Prices Soar as Airlines Hedge Against Iran War Impact
Brent crude nears $100 per barrel amid Iran conflict, driving jet fuel to record highs. Airlines worldwide deploy aggressive hedging tactics to mitigate soaring operational costs and currency risks.
PIA Raises Fuel Surcharge as Gulf Crisis Disrupts Flights
Pakistan International Airlines increases fuel surcharges by up to $100 on international flights due to a 34% rise in fuel costs from Gulf conflict, leading to 165 flight cancellations in 12 days.
Gold Prices Plunge in Pakistan, Mirroring Global Market Drop
Gold prices in Pakistan fell significantly on Thursday, with per tola gold dropping by Rs2,900 to Rs540,362. The decline aligns with international markets where gold decreased by $29 per ounce.
US Releases 172M Barrels from Strategic Reserve Amid Iran War
The United States has authorized the release of 172 million barrels from its Strategic Petroleum Reserve to stabilize global oil markets amid escalating tensions with Iran. This move aims to prevent supply disruptions and curb price volatility.
PSX Falls 1,437 Points in Volatile Session, Energy Output Rises
The Pakistan Stock Exchange ended Thursday's session in the red, with the KSE-100 Index dropping 0.92% to 154,421 amid cautious investor sentiment and profit-taking, while energy production showed positive momentum.
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PSX Turns Bearish as KSE-100 Index Drops 318 Points
The Pakistan Stock Exchange saw a bearish trend on Wednesday, with the KSE-100 index losing 318.64 points, closing at 155,858.48. Trading volume and value declined, while Unilever Pakistan Foods led gains and Nestle Pakistan saw the biggest drop.
Pakistan's Climate Crisis: Melting Glaciers to Scorching Cities
Pakistan faces a multi-dimensional climate crisis with glacial retreat, devastating floods, severe droughts, and deadly heatwaves impacting communities, agriculture, and wildlife across the nation.
IEA to Unlock 400M Barrels of Oil in Pakistan
The International Energy Agency (IEA) has announced a major initiative to unlock 400 million barrels of oil in Pakistan, aiming to boost the country's energy security and economic growth through enhanced production and investment.
Choppy Trading Drags PSX Lower Amid Investor Caution
The Pakistan Stock Exchange (PSX) experienced a decline due to choppy trading, with the benchmark KSE-100 index dropping as investors remained cautious amid economic uncertainties.
Uzbekistan Calls for Expanding Trade with Pakistan
Uzbekistan has formally requested an expansion of trade relations with Pakistan, aiming to strengthen bilateral economic ties and enhance regional connectivity through increased cooperation.
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Shell Force Majeure on Qatari LNG Deliveries to Clients
Shell has invoked force majeure for Qatari LNG deliveries to its clients, citing operational disruptions, according to industry sources. This move impacts global energy supplies amid market volatility.
Gold Prices Surge in Pakistan and Global Markets
Gold prices in Pakistan have continued their upward trajectory, mirroring a global surge in the precious metal's value. This trend is driven by international market dynamics and local economic factors.
Waste-to-Energy Conversion Advocated by Minister for Power
A government minister highlights the potential of converting waste into energy to address power shortages and environmental issues, emphasizing sustainable solutions for Pakistan's energy needs.
Expats Leave Pets in Dubai as Missiles Hit Gulf States
Expatriates in Dubai are increasingly leaving their pets behind due to missile strikes in the Gulf region and rising living costs, leading to overcrowded shelters and welfare concerns.
Fuel Shortage Fears Ease with Tankers at Port Qasim
The fuel supply crisis in Pakistan shows signs of easing as tankers have started arriving at Port Qasim, alleviating fears of a severe shortage. Authorities confirm the resumption of imports to stabilize the market and meet domestic demand.
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PTML Acquires 5G Spectrum to Boost Pakistan's Digital Economy
PTML has successfully acquired 5G spectrum, aiming to accelerate Pakistan's digital economy through enhanced connectivity and technological innovation.
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