Petroleum Imports Down 1.26% to $7.98B in H1

Pakistan's petroleum group imports decreased by 1.26% to $7.98 billion in the first half of the fiscal year, reflecting shifts in energy consumption and economic adjustments.

Maritime Sector Posts Record Rs100B Profit in 2025

Pakistan's maritime industry has reported a groundbreaking profit of Rs100 billion for 2025, driven by comprehensive reforms. The minister highlighted enhanced efficiency and global competitiveness as key factors behind this historic financial milestone.

US Aims to Increase Venezuela Oil Output

The United States is exploring ways to lift Venezuela's oil production, potentially easing global energy pressures and reshaping diplomatic ties in the region.

PSX Rallies Past 189,000 Milestone

The Pakistan Stock Exchange (PSX) has surged past the 189,000-point milestone, driven by strong investor confidence and positive economic indicators. This rally marks a significant recovery in the market, reflecting optimism in Pakistan's financial sector

Gold and Silver Prices Reach All-Time Highs in Pakistan

Gold and silver prices soared to unprecedented levels in Pakistan's local market on Friday, driven by strong international gains. The price of 24-karat gold per tola surged to Rs514,662, while silver also recorded significant increases.

FBR Cuts Imported Used Phone Values, May Lower Prices

The FBR has reduced assessment values for commercially imported used mobile phones, including iPhones, Samsung, and Google models, under a new ruling. This adjustment aligns with global price drops and could lead to lower duties and retail costs in Pakist

Rain Disrupts Power on 35 Feeders in PESCO Region

Heavy rainfall on Thursday caused power disruptions on 35 feeders across the PESCO region, affecting Peshawar, Khyber, Bannu, Dera Ismail Khan, and Mardan. PESCO CEO has ordered immediate restoration efforts.

Shan Sehgal Highlights Traders' Issues at HCSTSI Event

Shan Sehgal, Vice President of the Hyderabad Chamber of Small Traders and Small Industry, emphasized key challenges faced by local traders, including inflation and regulatory hurdles, during a recent meet and greet session.

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