Category : Business

Pakistan has received $2 billion from Saudi Arabia, providing immediate support to the country’s foreign exchange reserves at a critical economic moment. The funds have been deposited with the State Bank of Pakistan (SBP), strengthening the country’s external position and offering short-term financial

The Pakistan Stock Exchange (PSX) recorded a massive surge of over 12,000 points following news of a Pakistan-brokered ceasefire between the US and Iran, marking one of the strongest single-day rallies in recent history. The Numbers Behind the Surge For context, previous ceasefire-driven

Pakistan’s economy grew by 3.89% in the second quarter (October–December) of the current fiscal year, according to official figures approved by the National Accounts Committee (NAC). The growth rate reflects continued momentum in national output across most major sectors despite lingering challenges. Sector

Pakistan has received its first crude oil shipment through the Strait of Hormuz since the recent disruption caused by escalating conflict in the Middle East, marking a critical development for the country’s energy supply. The oil tanker MT Karachi, carrying approximately 80 million

The federal government has increased the prices of kerosene oil and light diesel oil (LDO) while keeping petrol and high-speed diesel prices unchanged through subsidies aimed at shielding consumers from rising global fuel costs. According to the Ministry of Energy (Petroleum Division), the

Pakistan’s short-term inflation indicator recorded a noticeable rise after recent increases in fuel prices pushed up the cost of essential commodities across the country. According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) increased 6.44% year-on-year for the week

The federal government has tightened controls on furnace oil exports, directing oil refineries to obtain prior approval before shipping the fuel abroad. The decision comes as authorities monitor growing energy supply risks linked to regional geopolitical tensions. According to officials, refineries must now

The Oil and Gas Regulatory Authority (OGRA) has rejected circulating rumours claiming that Liquefied Petroleum Gas (LPG) prices have been increased, clarifying that no new price notification has been issued. In an official statement, OGRA spokesperson Imran Ghaznavi said LPG prices are notified

Court proceedings across parts of Punjab faced major disruption after the newly introduced digital stamp paper system failed to function properly, preventing lawyers and citizens from obtaining required legal documents. The issue was reported across the Rawalpindi division, where courts struggled to operate

Global oil markets experienced dramatic volatility on March 9, 2026, as crude prices surged over 25% amid intensifying conflict involving Iran, the United States, and Israel, triggering widespread concerns about disrupted supply and prolonged energy instability. Brent crude futures climbed as much as