Business
IMF warns prolonged Iran conflict could push oil to $125, worsen global economic outlook
May 5, 2026
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
May 5, 2026
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
May 5, 2026
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
May 5, 2026
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
May 5, 2026
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
May 5, 2026
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
May 5, 2026
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
May 5, 2026
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%
May 4, 2026
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
May 4, 2026
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,…