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Business

Pakistan has sufficient POL reserves to meet demand till 3rd week of June: petroleum ministry

Pakistan has sufficient POL reserves to meet demand till 3rd week of June: petroleum ministry

The briefing comes at a time when global fuel markets have seen sharp price increases over the past two months

Gold price drops by Rs 3,800 per tola in Pakistan

Gold price drops by Rs 3,800 per tola in Pakistan

In the international market, gold prices have fallen by $38 per ounce.

Karachi commissioner grants permission to set up cattle markets at five sites

Karachi livestock market welcomes over 65,000 sacrificial animals

PTCL denies speculation over Etisalat’s exit from Pakistan

PTCL denies speculation over Etisalat’s exit from Pakistan

Jet fuel price slashed by Rs.7.76 per litre

Amazon says damaged UAE cloud region recovery to take several months

FCC restores super on corporate income

Gold rises Rs4,400 per tola in Pakistan

Pakistan has sufficient POL reserves to meet demand till 3rd week of June: petroleum ministry

4 May 2026

Pakistan has sufficient POL reserves to meet demand till 3rd week of June: petroleum ministry

The briefing comes at a time when global fuel markets have seen sharp price increases over the past two months

Gold price drops by Rs 3,800 per tola in Pakistan

4 May 2026

Gold price drops by Rs 3,800 per tola in Pakistan

In the international market, gold prices have fallen by $38 per ounce.

Karachi commissioner grants permission to set up cattle markets at five sites

4 May 2026

Karachi commissioner grants permission to set up cattle markets at five sites

Earlier, the KMC had sought approval to establish cattle markets at 11 locations; however, permission has currently been granted for a limited number of sites.

Karachi livestock market welcomes over 65,000 sacrificial animals

1 May 2026

Karachi livestock market welcomes over 65,000 sacrificial animals

Only healthy animals are being permitted entry into the market, the market administrator said.

PTCL denies speculation over Etisalat’s exit from Pakistan

1 May 2026

PTCL denies speculation over Etisalat’s exit from Pakistan

No truth in reports, says company

Jet fuel price slashed by Rs.7.76 per litre

1 May 2026

Jet fuel price slashed by Rs.7.76 per litre

Diesel and petrol prices surged.

Amazon says damaged UAE cloud region recovery to take several months

1 May 2026

Amazon says damaged UAE cloud region recovery to take several months

The company stated that as a result of the damage to its facilities in the UAE, it was forced to suspend billing operations in the country.

FCC restores super on corporate income

30 Apr 2026

FCC restores super on corporate income

It set aside the IHC’s decision against Section 4C, ruling that parliament has full authority to impose taxes on income under the ordinance.

Gold rises Rs4,400 per tola in Pakistan

30 Apr 2026

Gold rises Rs4,400 per tola in Pakistan

A day earlier, gold prices had dropped

Arif Habib-led group cleared to proceed with PIA share acquisition

29 Apr 2026

Arif Habib-led group cleared to proceed with PIA share acquisition

According to the CCP, approval was granted to M/s PIA Equity Limited under the Competition Act 2010 following a Phase-I competition review.

Brent hits $114.70 as market braces for prolonged disruption

29 Apr 2026

Brent hits $114.70 as market braces for prolonged disruption

The U.S. benchmark, WTI Crude, topped the $103 per barrel mark again, rising by 3.48% to $103.40 a barrel.

Gold falls Rs5,500 per tola as global rates decline

29 Apr 2026

Gold falls Rs5,500 per tola as global rates decline

A day earlier, gold had already recorded a sharp fall, with the per tola price declining by Rs8,900

Explained: How OPEC+ influences oil supply and prices

29 Apr 2026

Explained: How OPEC+ influences oil supply and prices

Founded in 1960, OPEC currently comprises 12 members:

UAE quits OPEC and OPEC+, says decision driven by ‘national interests'

28 Apr 2026

UAE quits OPEC and OPEC+, says decision driven by ‘national interests'

"This decision aligns with the UAE’s long-term strategic and economic vision"

Gold per tola falls by Rs8,900 in Pakistan amid international losses

28 Apr 2026

Gold per tola falls by Rs8,900 in Pakistan amid international losses

Silver prices also moved lower in the local market

Senate panel clash over power cuts as lawmaker slams ‘excessive’ electricity taxes

28 Apr 2026

Senate panel clash over power cuts as lawmaker slams ‘excessive’ electricity taxes

Senator Kamil Ali Agha told officials from the Power Division not to refer to users as “consumers,” but instead to call them “goats” (implying they are being exploited).

Global demand for EVs surges amid fuel price volatility linked to Iran conflict

27 Apr 2026

Global demand for EVs surges amid fuel price volatility linked to Iran conflict

The ongoing geopolitical situation has created instability in global fuel markets, further accelerating the transition towards alternative energy solutions.

Gold prices in Pakistan extend gains, hit Rs493,962 per tola

27 Apr 2026

Gold prices in Pakistan extend gains, hit Rs493,962 per tola

Silver prices also increased

Power division asks Nepra to abolish fee, licence rule for solar systems up to 25kW

26 Apr 2026

Power division asks Nepra to abolish fee, licence rule for solar systems up to 25kW

The move follows directions of Federal Minister for Power Awais Leghari

Govt increases petrol, high-speed diesel prices by Rs26 per litre

24 Apr 2026

Govt increases petrol, high-speed diesel prices by Rs26 per litre

With the latest revision, petrol is now priced at Rs393.35 per litre, while HSD has risen to Rs380.19

Gold per tola falls Rs2,900 in Pakistan amid global dip

24 Apr 2026

Gold per tola falls Rs2,900 in Pakistan amid global dip

Silver prices also declined

Pakistan’s foreign exchange reserves rise to $20.63bn: SBP

23 Apr 2026

Pakistan’s foreign exchange reserves rise to $20.63bn: SBP

The country’s overall reserves stood at $20,628.5 million

Pakistan releases tender for three LNG cargoes purchase

23 Apr 2026

Pakistan releases tender for three LNG cargoes purchase

LNG prices are going up due to ME conflict.

FBR raises customs values on used cellphones

23 Apr 2026

FBR raises customs values on used cellphones

Prior to finalising the update, the Directorate held consultations with stakeholders on April 13.

Gold prices fall sharply by Rs5,200 per tola in Pakistan

23 Apr 2026

Gold prices fall sharply by Rs5,200 per tola in Pakistan

Silver prices also declined

Karachi Circular Railway revival agreed as Sindh, Centre plan new train routes

22 Apr 2026

Karachi Circular Railway revival agreed as Sindh, Centre plan new train routes

Abbasi directed that the NOC be issued immediately.

Soaring fuel costs push up boat-making cost in Karachi’s coastal areas

22 Apr 2026

Soaring fuel costs push up boat-making cost in Karachi’s coastal areas

In Karachi’s historic fishing settlement of Ibrahim Hyderi, artisans are engaged not only in building new launches but also in repairing older vessels.

Gold prices fall by Rs1,200 per tola in Pakistan amid global decline

22 Apr 2026

Gold prices fall by Rs1,200 per tola in Pakistan amid global decline

Silver prices also declined

PTCL returns to profit after four years, plans 5G launch in May

22 Apr 2026

PTCL returns to profit after four years, plans 5G launch in May

5G to be launched in May this year

NEPRA license made mandatory for solar installations

21 Apr 2026

NEPRA license made mandatory for solar installations

Previously, consumers installing systems up to 25kW were issued licenses free of cost.

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