Raising Minimum Wage to Rs45,000: A Step Towards Justice
PIDE proposes 12.5% minimum wage hike to Rs45,000 with enforcement. Debate shifts from affordability to worker survival amid high inflation.
Category : Inflation Prices
Petrol Price Reduced by Rs4, Diesel Unchanged
The government reduced petrol price by Rs4 per litre to Rs377.78, while keeping high-speed diesel at Rs380.78 for the next fortnight.
Sindh CM Orders Crackdown on Flour Price Hikes
Sindh Chief Minister Murad Ali Shah directs authorities to regulate markets and prevent artificial flour price increases, ensuring stable supplies and fair pricing.
IMF Backs 18% Sales Tax on Stationery Items in Pakistan
The IMF supports Pakistan's proposal to withdraw reduced sales tax on stationery, raising it to 18% from July 2026, likely increasing costs for students and businesses.
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Bhutan Offers Cash Incentives to Boost Declining Birth Rate
Bhutan announces monthly cash incentives for third and subsequent children to combat declining population, offering $105 per child until age three.
Asaan Tax Scheme for Small Shop Owners Launched
Finance Minister announces Asaan Scheme for small retailers with turnover up to Rs200 million, featuring 1% fixed tax and simplified registration.
Pakistan electricity consumers to get Re0.80 relief in June
Pakistan's electricity consumers will receive approximately Re0.80 per unit relief in June bills due to quarterly tariff adjustments, as per NEPRA decision.
NEPRA Hikes Electricity Price by Rs1.19 Per Unit
NEPRA increases electricity tariff by Rs1.19 per unit under April 2026 fuel price adjustment, while reducing by Rs1.98 per unit under quarterly adjustment, providing Rs67 billion relief.
Pakistan fuel demand hits 13-year low in May
Pakistan's petroleum sales fell 23% in May to a 13-year low, with petrol prices above Rs400 per liter curbing demand and transport activity.
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Pakistan Relaxes Market Closure Timings for Summer
Pakistan relaxes market closing times imposed during Iran war energy crisis, allowing shops to stay open an extra hour as summer temperatures rise.
Pakistan Economic Confidence Drops Amid Iran Tensions
Public confidence in Pakistan's economy fell sharply due to US-Iran conflict, with inflation and unemployment concerns rising, per Ipsos survey.
PMD: Hot Humid Weather in Karachi, No Rain Likely
The Pakistan Meteorological Department forecasts hot and humid weather for Karachi with no immediate rain. Humidity at 72% makes it feel warmer. Temperature ranges 35-37°C.
US Proposes 10-12.5% Tariffs on 60 Nations Over Forced Labor
The Trump administration proposed additional duties of 10% or 12.5% on imports from 60 economies, including Pakistan, citing failure to curb forced labor trade.
Govt employees announce long march on budget day
Government employees and pensioners announce a long march to Parliament House on budget day, demanding salary hikes and allowances.
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Gold prices in Pakistan drop Rs8,600 per tola
Gold prices in Pakistan fell sharply on Wednesday, dropping Rs8,600 per tola to Rs467,762, tracking losses in international markets amid geopolitical tensions and inflation concerns.
Sweden Halves Monthly Pass Prices Before Election
Sweden's right-wing government will halve monthly public transport pass prices from July 1, costing 6.5 billion crowns, to ease household burdens ahead of the September election.
Gold Prices Dip on Fragile US-Iran Ceasefire
Gold edges lower as investors assess US-Iran tensions and await Fed comments. Spot gold down 0.3% at $4,493.43 per ounce.
Peshawar Crackdown: 75 Shopkeepers Arrested for Profiteering
District administration Peshawar arrested 75 shopkeepers for overcharging and lack of price lists during a crackdown on profiteering across multiple areas.
Eurozone Inflation Hits 3.2% in May as Energy Costs Surge
Eurozone annual inflation rose to 3.2% in May, up from 3% in April, driven by a 10.9% surge in energy prices amid Middle East tensions and geopolitical conflicts.
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Pakistan Inflation Hits 11.7% in May on Oil Price Hike
Pakistan's inflation increased to 11.7% in May 2026, driven by higher oil prices. Food, utilities, and health costs surged, while rural areas saw price declines in tomatoes and chicken.
Govt raises LPG price by 1.63% for June 2026
The federal government increased LPG price by 1.63% for June 2026, setting new consumer price at Rs308.76 per kg. A domestic cylinder now costs Rs3,643.4, affecting low-income households.
Gold Price in Pakistan Drops Rs4,400 per Tola, Silver Rises
Gold prices fell by Rs4,400 per tola in Pakistan on Monday, settling at Rs471,762. Silver prices increased by Rs46 per tola. International gold dropped $44 to $4,494 per ounce.
Rising Sacrificial Animal Prices Hit Pakistani Families Hard
Inflation and rising fuel costs have drastically increased sacrificial animal prices in Pakistan, making qurbani nearly impossible for middle- and lower-income families ahead of Eid al-Adha.
OGRA hikes LPG price by Rs58.51 per 11.8kg cylinder
OGRA increased LPG price by Rs58.51 per 11.8kg cylinder for June 2026, setting the consumer price at Rs308,763.89 per tonne, up from Rs303,804.68.
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Gold Prices in Pakistan Drop Sharply Amid Tensions
Gold prices in Pakistan fell sharply, tracking global losses as Middle East tensions and monetary policy concerns weighed on the market.
Soaring Prices of Room Coolers and Khus Grass Hit Rawalpindi
In Rawalpindi, cooler prices have surged up to 40%, with khus filling costs rising sharply. Poor-quality khus enters market as inflation bites.
پنجاب میں کاروباری اوقات بحال، بازار رات 8 بجے بند
پنجاب حکومت نے عید الاضحی کی چھٹیوں کے بعد کاروباری اوقات بحال کر دیے، مارکیٹیں رات 8 بجے بند ہوں گی جبکہ ریستوران 10 بجے تک کھلے رہ سکیں گے۔ تاجروں نے تشویش ظاہر کی ہے۔
OGRA hikes LPG prices by Rs4.95 per kg, cylinder now Rs3,643
OGRA has increased LPG prices by Rs4.95 per kg, setting the new rate at Rs308.76 per kg. An 11.8-kg domestic cylinder will cost Rs3,643.41 from June 1, 2026.
Subsidies for Consumers Using Under 200 Units Continue
Federal Minister Awais Leghari assures that consumers using less than 200 electricity units will continue receiving subsidies, providing relief amid rising tariffs.
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Rawalpindi: 167 Eid Accidents, 3 Dead, 189 Injured
Rescue 1122 reported 167 road accidents in Rawalpindi during Eid, resulting in 3 deaths and 189 injuries. Overspeeding and careless driving were major causes.
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