Business

Fuel price surge triggers 60% hike in goods transport fare

Fuel price surge triggers 60% hike in goods transport fare

A sharp increase in petroleum product prices has triggered a strong backlash from transporters and citizens across Pakistan, with the…
Govt’s surplus power package boosts industrial growth, saves Rs20bn in three months

Govt’s surplus power package boosts industrial growth, saves Rs20bn in three months

ISLAMABAD: The government’s Surplus Power Package has significantly boosted electricity consumption in the industrial and agricultural sectors, with an additional…
Punjab cuts transport fare hike to 25pc after talks

Punjab cuts transport fare hike to 25pc after talks

LAHORE: The Punjab Transport Department has withdrawn the self-imposed 60 to 65 percent fare increase by transporters after successful negotiations…
How much are Pakistanis paying in taxes, profit margins per litre of petrol?

How much are Pakistanis paying in taxes, profit margins per litre of petrol?

Consumers are paying a substantial portion of petrol cost in the form of taxes and profit margins, accounting for around…
Stocks slip at PSX as KSE-100 drops over 1,000 points

Stocks slip at PSX as KSE-100 drops over 1,000 points

The Pakistan Stock Exchange witnessed a downturn on Friday, with the benchmark KSE-100 Index declining by 1,015.54 points, or 0.67%,…
Pakistan records 13pc rise in fuel sales despite conservation measures

Pakistan records 13pc rise in fuel sales despite conservation measures

ISLAMABAD: Oil marketing companies (OMCs) in Pakistan reported a notable increase in the sale of petroleum products during March 2026,…
Pakistan’s inflation climbs to 19-month high amid rising food and fuel costs

Pakistan’s inflation climbs to 19-month high amid rising food and fuel costs

Pakistan witnessed a notable surge in inflation during March, as the Consumer Price Index (CPI) rose to 7.30 percent —…
National Grid Co, CPPA fined for producing costly electricity in Jan 2024

National Grid Co, CPPA fined for producing costly electricity in Jan 2024

The National Electric Power Regulatory Authority (NEPRA) on Thursday fined the National Grid Company and the Central Power Purchasing Agency…
Government acknowledges 22% drop in foreign direct investment

Government acknowledges 22% drop in foreign direct investment

The federal government has acknowledged a significant decline in foreign direct investment (FDI), reporting a 22 per cent decrease during…
National Accounts Committee updates economic growth rate estimates

National Accounts Committee updates economic growth rate estimates

Economic growth rate declines in the first quarter of the current fiscal year while growth rate in the second quarter…
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