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Gold prices soar by Rs13,700 Per tola in Pakistan amid global rally

Muhammad ibrahim
KARACHI: Gold prices recorded a massive increase in Pakistan on Thursday, August 20, as a sharp surge in international bullion rates pushed local prices significantly...
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Gold prices drop sharply in Pakistan 

Muhammad ibrahim
KARACHI: Gold prices in Pakistan fell significantly on Wednesday, tracking a decline in international bullion rates amid persistent geopolitical uncertainty. According to the All Pakistan...
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Oil prices rise as US-Iran talks falter, Hormuz traffic slows

Muhammad ibrahim
NEW DELHI/SINGAPORE: Global oil prices moved higher on Monday as hopes for a breakthrough in US-Iran negotiations weakened and shipping activity through the strategically vital...
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Transporters’ strike disrupts cargo, food supply across Pakistan

Muhammad ibrahim
KARACHI: A nationwide strike by the All Pakistan Goods Transporters Alliance has disrupted the movement of cargo and essential commodities, creating growing concerns over supply...
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Goods transporters confirm nationwide strike set for August 8

Muhammad ibrahim
KARACHI: Talks between the All Pakistan Goods Transport Ittehad (APGTI) and the Sindh government over cancelling the scheduled nationwide strike on August 8 have collapsed....
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NEPRA eliminates approval process for solar systems up to 25 KW

Muhammad ibrahim
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has delegated the power to approve solar installations up to 25 kW directly to distribution companies. In...
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PSX rallies over 2,100 points as easing Middle East tensions lift investor confidence

Muhammad ibrahim
KARACHI: Pakistan’s stock market posted strong gains on Monday, buoyed by a sharp decline in global oil prices and growing optimism after US President Donald...
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Pakistan will export 5,000 domestic assembled MG Vehicles to Bangladesh

Muhammad ibrahim
ISLAMABAD: Pakistan is set to export 5,000 domestically assembled MG cars to Bangladesh, a historic development announced by Haroon Akhtar Khan, Special Assistant to the...
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Electricity bills may increase as NEPRA reviews Rs1.20 Per unit tariff hike

Muhammad ibrahim
ISLAMABAD: Electricity consumers across Pakistan, including those served by K-Electric in Karachi, may face higher power bills in August as the National Electric Power Regulatory...
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Red Sea shipping drops following Houthi strikes on Saudi Oil facilities

Muhammad ibrahim
SINGAPORE: Commercial shipping through the Bab el-Mandeb Strait slowed significantly on Sunday after Yemen’s Houthi movement launched attacks on Saudi oil infrastructure along the Red...
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Petroleum dealers end strike after govt assures review of daily fuel price policy

Muhammad ibrahim
ISLAMABAD: The Pakistan Petroleum Dealers Association (PPDA) has called off its planned nationwide strike after claiming that the federal government agreed to suspend the proposed...
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Govt’s assurance to resolve Petrol Pump association issues leads to Call-Off of strike

Muhammad ibrahim
ISLAMABAD: The Petrol Pumps Owners Association and the Dealers Association have announced the postponement of their planned strike scheduled for tomorrow.  In an official statement,...
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Govt announces sharp increase in petroleum prices nationwide  

Muhammad ibrahim
ISLAMABAD: The government has officially declared an increase in the prices of petroleum products. According to the issued notification, the price of diesel has been...
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Goods transporters reject fuel price hike, warn of nationwide wheel-jam strike

Muhammad ibrahim
KARACHI: The Karachi Goods Carriers Association (KGCA) has strongly opposed the government’s latest increase in petrol and diesel prices, warning that it will call a...
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CPPA seeks Rs1.20 per unit increase in electricity tariff under June fuel cost adjustment

Muhammad ibrahim
ISLAMABAD: Electricity consumers in Pakistan could see a further rise in power bills after the Central Power Purchasing Agency (CPPA) requested the National Electric Power...
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Petrol, Diesel prices expected to increase in next fuel price review

Muhammad ibrahim
ISLAMABAD: Consumers in Pakistan may face another increase in fuel prices as the government is expected to revise petroleum rates upward in the upcoming fortnightly...