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Business

Web Desk
Sep 02, 2025

Pakistan OMCs report 7pc increase in sales in August 2025

This YoY growth in OMC sales was supported by gradual economic recovery and reduced smuggling from Iran, along with decline in petrol prices.

Business

Reuters
Aug 03, 2025

OPEC+ agrees in principle to another large oil output hike

OPEC+ has reached a preliminary deal to increase oil production by 548,000 barrels per day from September, sources said on Sunday.

Pakistan

Web Desk
Jul 08, 2025

Federal govt hikes pensions by 7pc

The 7 per cent increase will be calculated on the net pension drawn as of June 30, 2025, the notification said.

Pakistan

Web Desk
Apr 13, 2025

WAPDA clarifies surge in Dasu hydropower project cost

WAPDA said that the cost hike can be explained by the change in USD-PKR parity, from Rs100 to the USD in 2014 to Rs280 to the USD in 2025.

World

Reuters
Jan 22, 2025

Nepal sharply hikes permit fee for Everest climbers

Nepal is often criticised for allowing too many climbers on Everest and doing little to keep it clean or to ensure climbers’ safety.

Business

Web Desk
Oct 28, 2024

Stock market surges past 91,000 points mark

On Monday (today), the PSX once again shot up to historic heights trading at 91,016.60 points around noon.

Pakistan

Web Desk
Jul 15, 2024

Cement dealers nationwide strike against increase in tax

The federal budget for 2024-25 increased the Federal Excise Duty on cement to Rs 4 per kg, up from Rs 2 in the previous fiscal year.

Pakistan

Web Desk
Mar 16, 2024

Government guarantees IMF on electricity prices surge

Specifically, the government has pledged to the IMF a prompt increase in electricity tariffs, indicating a potential surge in prices effective from July 1. This adjustment is expected to occur on a monthly, quarterly, and annual basis.

Pakistan

Web Desk
Jan 24, 2024

Govt plans massive increase in gas prices, 41% hike expected

The IMF contends that raising gas prices is crucial to address the mounting circular debt, and if implemented, this would mark the second fuel price increase within three months, following the adjustment in November 2023.