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IMF warns prolonged Iran conflict could push oil to $125, worsen global economic outlook

IMF warns prolonged Iran conflict could push oil to $125, worsen global economic outlook

WASHINGTON: The International Monetary Fund (IMF) has warned that a prolonged conflict involving Iran could significantly disrupt global markets, particularly…
K-Electric announces no load-shedding policy in areas experiencing extreme heat

K-Electric announces no load-shedding policy in areas experiencing extreme heat

K-Electric has announced a special relief measure for Karachi residents amid an ongoing heatwave, stating that no load shedding will…
PSX: KSE-100 holds near 164,000 amid global uncertainty

PSX: KSE-100 holds near 164,000 amid global uncertainty

Pakistan’s equity market showed restrained momentum on Tuesday as investors navigated geopolitical uncertainty and mixed global cues, particularly surrounding ongoing…
Pakistan records 22.81pc rise in textile exports annually

Pakistan records 22.81pc rise in textile exports annually

Pakistan on Tuesday witnessed an increase of 22.81 percent in textile exports on a yearly (YoY) basis. According to data,…
Pakistan to conduct IT census

Pakistan to conduct IT census

The federal government on Tuesday decided to conduct an information technology (IT)-based census in the country. According to details, the…
Govt allows station owners to fix recharging fee for electric vehicles

Govt allows station owners to fix recharging fee for electric vehicles

The federal government on Tuesday announced to allow rechargeable station owners to themselves decide the “recharging price” for the electric…
Trade deficit rises 20% to $32bn in first 10 months of FY26

Trade deficit rises 20% to $32bn in first 10 months of FY26

ISLAMABAD: Official data released on Monday showed that Pakistan’s merchandise trade deficit expanded by 20% to $32 billion during the…
Petroleum sales fall 7% to 1.36 million tonnes in April amid high prices

Petroleum sales fall 7% to 1.36 million tonnes in April amid high prices

KARACHI: Petroleum sales in Pakistan declined 7% year-on-year to 1.36 million tonnes in April from 1.45 million tonnes in the…
Pakistan food exports mixed fruits and meat rise as rice drops 38%

Pakistan food exports mixed fruits and meat rise as rice drops 38%

Pakistan’s export performance in the food sector presented a mixed picture during the first nine months (July–March) of the current…
OPEC+ moves to adjust output by 188,000 bpd to steady global oil market

OPEC+ moves to adjust output by 188,000 bpd to steady global oil market

The Organization of the Petroleum Exporting Countries and its allied producers have agreed on a coordinated adjustment in oil production,…
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