Business

Oil slips after three-day rally as US war against Iran, Trump-Xi talks weigh on markets

Oil slips after three-day rally as US war against Iran, Trump-Xi talks weigh on markets

Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments ​around the fragile ceasefire in…
Wheat, flour prices surge amid alleged hoarding crisis

Wheat, flour prices surge amid alleged hoarding crisis

The wheat and flour crisis in Lahore is intensifying despite the ongoing wheat harvesting and grinding season, with flour prices…
Rs1.2 trillion petrol levy collected in 9 months

Rs1.2 trillion petrol levy collected in 9 months

Government revenue from energy-related taxes has surged sharply, with official records showing massive collections from petroleum and electricity consumers across…
Prices of ghee and cooking oil go up in Pakistan

Prices of ghee and cooking oil go up in Pakistan

Prices of ghee and cooking oil in Pakistan reached Rs598 per kilogram after an increase of Rs3 per kilogram amid…
Roshan Digital Account inflows hit record $321 million in April 2026

Roshan Digital Account inflows hit record $321 million in April 2026

Inflows into Roshan Digital Accounts (RDA) rose to a record $321 million in April 2026, taking cumulative inflows under the…
PSX witnesses negative trend amid Gulf tensions

PSX witnesses negative trend amid Gulf tensions

Pakistan Stock Exchange (PSX) on Tuesday witnessed selling momentum after an early positive start due to uncertainty about the US-Iran…
Minister, Kuwait envoy discuss establishing strategic storage facilities in Pakistan

Minister, Kuwait envoy discuss establishing strategic storage facilities in Pakistan

Kuwait’s Ambassador to Pakistan Nassar Abdulrahman Almutairi called on Minister for Petroleum Ali Pervaiz Malik in Islamabad on Tuesday and…
Federal govt to pay May salaries, pensions before Eid

Federal govt to pay May salaries, pensions before Eid

The federal government has decided to pay May salaries and pensions to government employees in advance due to Eidul Adha,…
Pakistan to increase oil imports from Russia amid Strait of Hormuz crisis: Envoy

Pakistan to increase oil imports from Russia amid Strait of Hormuz crisis: Envoy

The government in Islamabad plans to increase oil imports from Russia amid the ongoing crisis in the Strait of Hormuz,…
IMF mission to arrive in Pakistan for FY2026-27 budget talks

IMF mission to arrive in Pakistan for FY2026-27 budget talks

ISLAMABAD: An International Monetary Fund (IMF) delegation is scheduled to arrive in Pakistan on Tuesday as discussions begin over preparations…
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