Pakistan Cuts Petrol by Rs 4, Diesel by Rs 2
The federal government reduced petrol prices by Rs 4 per litre and diesel by Rs 2 per litre, marking the fifth consecutive reduction. New prices effective from June 13.
Category : Inflation Prices
Gold Prices Surge Rs7,250 Per Tola in Pakistan on Friday
Gold prices in Pakistan saw a sharp increase on Friday, with 24k gold rising by Rs7,250 per tola to Rs439,966. International gold also climbed $72.50 to $4,175.30 per ounce.
Pakistan's Weekly Inflation Edges Up 0.16% in June 2026
Pakistan's weekly inflation rose by 0.16% for the week ended June 11, 2026, with SPI reaching 356.11 points. Year-on-year, inflation increased by 15.06%.
Pakistan Cuts Petrol, Diesel Prices: Relief for Consumers
Pakistan reduces petrol by Rs4/litre and diesel by Rs2/litre from June 13, offering marginal relief amid rising smuggling concerns.
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Karachi Heatwave Eases as Strong Sea Winds Lower Temp
Karachi residents get relief from heatwave as strong sea winds lower temperature by 3.5°C. PMD says heatwave in Sindh to end, with dust storms and rain forecast in some districts.
Govt employees reject 2026-27 budget, term it exploitation
All Pakistan Clerks Association, teachers, and pensioners reject federal budget 2026-27, citing inadequate salary hikes and soaring inflation as economic injustice.
Gold Prices Recover Strongly in Domestic and International Markets
Gold prices rebounded sharply on Friday, with per tola rising by Rs7,250 to Rs440,966 in Pakistan, reversing some of the previous day's losses amid global market volatility.
Punjab Ends Free Public Transport, Fares Resume June 13
Punjab government reinstates fares on Orange Line, Metro Bus, Speedo Bus, and Green Electric Bus from June 13, ending free rides that served 800,000 daily passengers.
Water Scarcity Threatens Paddy Cultivation in Thatta
Irrigation water scarcity hits Thatta and Sujawal districts, with 60% deficit. Four main channels dry, affecting paddy cultivation. Growers warn of economic nightmare.
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Pakistan Poverty Hits 28.9%, Inequality Rises: Survey
Pakistan's poverty rate rose to 28.9% in FY2024-25 from 21.9% in FY2018-19, with Balochistan highest at 47%. Inequality also increased, Gini coefficient up to 32.7 from 28.4.
Pakistan's Poverty Rate Climbs to 28.9% Despite Recovery
Pakistan's poverty rate increased to 28.9% in 2024-25 from 21.9% in 2018-19, despite economic stabilization. Rural poverty rose to 36.2%, and inequality widened, highlighting a disconnect between growth and living standards.
Karachi Bakes at 51°C Heat Index as Heat Wave Grips Sindh
Karachi experiences severe heat wave with heat index reaching 51°C, causing a 10-15% rise in heat-related illnesses. Hospitals report increased cases of heat exhaustion and dehydration.
Economic Survey 2024-25: Optimistic Despite GDP Miss
The Economic Survey 2024-25 highlights macroeconomic progress, fiscal discipline, and agricultural resilience, despite GDP growth falling short of the 4.2% target at 3.7%.
Gold Prices Drop by Rs9,720 Per Tola in Pakistan
Gold prices fell sharply in Pakistan on Thursday, with per tola dropping by Rs9,720 to Rs432,716, mirroring international declines amid global commodity volatility.
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US Inflation Hits 3-Year High on Energy Costs from Iran
US inflation surged to 4.2% in May, a three-year high, driven by soaring energy costs amid the Iran conflict. Core inflation eased, but households face pressure.
Pakistan's Poverty Rate Hits 28.9% Despite Recovery
Pakistan's poverty rate climbed to 28.9% in 2024-25, up from 21.9% in 2018-19, despite economic recovery. Rural poverty at 36.2% highlights persistent inequality.
Middle Class in Pakistan Hit by Inflation Ahead of Budget
As Pakistan prepares its budget, middle-class families like Amjad Awan's face soaring inflation, forcing cuts in groceries, utilities, and recreation.
Egypt Inflation Slows to 13% in May Amid Economic Reforms
Egypt's annual inflation slowed to 13% in May from 13.4% in April, with food prices rising 2.1% month-on-month. The Central Bank forecasts growth of 4.3-4.5% and average inflation of 12% this fiscal year.
Trump's Surprising Stance: 'I Love the Inflation'
President Donald Trump expressed a surprising love for inflation amid rising costs, sparking criticism from Democrats and a debate on economic policy.
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Pakistan farmers seek budget relief amid rising costs
Pakistani farmers urge government subsidies on fertilizers, electricity, and diesel in the upcoming budget as Iran conflict drives up input costs, threatening agriculture profitability.
Heatwave to Persist in Sindh, Temperatures May Reach 51°C
Pakistan Meteorological Department forecasts very hot and dry weather in Sindh for next 24 hours, with heatwave conditions likely till June 12. Daytime temperatures may remain 4-6°C above normal, reaching up to 51°C in some districts.
PM Shehbaz lauds record $4.3bn remittances in May 2026
Prime Minister Shehbaz Sharif praised overseas Pakistanis for sending a record $4.3 billion in remittances during May 2026, marking a 20.2% monthly increase.
PM Shehbaz orders wheat supply to K-P via PASSCO
Prime Minister Shehbaz Sharif has directed the Ministry of Food Security to supply wheat to Khyber-Pakhtunkhwa through PASSCO to protect residents from inflation.
Gold, Silver Prices Drop as Middle East Tensions Rise
Gold and silver prices saw a sharp decline in global and local markets due to renewed Middle East fighting, sparking inflation and interest rate hike concerns.
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Gold Prices in Pakistan Plunge by Over Rs12,000 per Tola
Gold prices in Pakistan dropped sharply on Wednesday, with 24-karat gold falling by Rs12,627 per tola to Rs442,436, amid global market volatility and geopolitical tensions.
Karachi humidity hits 79%, heat continues, no rain
PMD reports 79% humidity in Karachi making it feel hotter; temperatures between 37-39°C, no rain expected. Hot and dry weather elsewhere, but thunderstorms in Kashmir.
FCC Entertains Petitions Against Petroleum Levy, Price Hike
The Federal Constitutional Court has taken up two petitions challenging the petroleum levy and recent price hike, seeking an independent commission to review the levy structure.
Nepra reduces electricity tariff by Rs1.9857 per unit
Nepra has approved a negative quarterly adjustment of Rs1.9857 per unit, providing Rs67.173 billion relief to consumers across Pakistan, including K-Electric users, over three months starting June 2026.
Gold Silver Prices Surge in Pakistan After Three-Day Decline
Gold and silver prices rose in Pakistan on Tuesday, with gold per tola up Rs2,830 to Rs455,063, following a $28.29 per ounce increase globally.
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Oil Prices Fall After Iran-Israel Halt Attacks on Trump Appeal
Oil prices dropped on Tuesday as Iran and Israel paused attacks following Trump's appeal, but tensions remain high with warnings of possible resumption.
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