Business

K-P petrol relief scheme under fire after Rs100 payments instead of Rs2,200

K-P petrol relief scheme under fire after Rs100 payments instead of Rs2,200

The Khyber Pakhtunkhwa government’s petrol relief programme for motorcycle users has come under growing scrutiny after beneficiaries reported receiving far…
Govt hikes levy on diesel, cuts on petrol

Govt hikes levy on diesel, cuts on petrol

The federal government has revised the levy on petrol and diesel, it was reported on Saturday. Sources in the Petroleum…
Iran to introduce plan for controlled shipping system in Strait of Hormuz with service fees

Iran to introduce plan for controlled shipping system in Strait of Hormuz with service fees

TEHRAN: Iran has announced plans to introduce a new system to manage maritime traffic through the Strait of Hormuz, one…
Sindh govt lifts austerity-driven closing times for markets, marriage halls, hotels

Sindh govt lifts austerity-driven closing times for markets, marriage halls, hotels

KARACHI: The Sindh government has granted relief to the business community and the public by exempting markets, shopping malls, restaurants,…
Punjab eases business hours curbs until June 1

Punjab eases business hours curbs until June 1

The Punjab government has relaxed business operating hours across the province until June 1, according to an official notification issued…
Oil prices rise over 1% amid Strait of Hormuz tensions and Trump remarks

Oil prices rise over 1% amid Strait of Hormuz tensions and Trump remarks

Global oil prices climbed more than one percent in early trading on Friday as investors reacted to renewed geopolitical tensions…
DRAP survey reveals 55% rise in medicine prices after deregulation

DRAP survey reveals 55% rise in medicine prices after deregulation

The Drug Regulatory Authority of Pakistan (Drug Regulatory Authority of Pakistan) has completed its second nationwide survey assessing the impact…
Pakistan freezes kerosene, jet fuel prices amid oil crisis

Pakistan freezes kerosene, jet fuel prices amid oil crisis

Amid rising pressure on Pakistan’s economy due to global geopolitical tensions, particularly the US–Iran conflict, local oil refineries have agreed…
Pakistan fails to meet investment, savings goals in FY2025-26

Pakistan fails to meet investment, savings goals in FY2025-26

Pakistan has failed to achieve two major economic targets for the current fiscal year, as both investment and national savings…
New IMF ‘do-more’ directive contains 11 conditions for Pakistan

New IMF ‘do-more’ directive contains 11 conditions for Pakistan

Pakistan will be required to implement 11 new conditions imposed by the International Monetary Fund (IMF) over the next year…
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