Business
SBP Raises Pakistan Policy Rate to 12% as Inflation Risks Increase
The State Bank of Pakistan has raised its benchmark policy rate by 50 basis points to…
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Tag: inflation
Business
US-Iran War Threatens Pakistan’s Economic Growth and Inflation Outlook: Finance Minister
Pakistan’s economic recovery could face fresh challenges as the ongoing US-Iran war increases uncertainty across the…
Business
Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
Global oil prices climbed above $95 per barrel on Wednesday as escalating tensions between the United…
Business
SBP Expected to Hold Interest Rate at 11.5% as Market Sees Stable Monetary Policy
Pakistan’s financial markets are widely expecting the State Bank of Pakistan (SBP) to maintain its benchmark…
Business
Government Announces Massive Reduction in Petrol and Diesel Prices Across Pakistan
In a major relief for consumers and businesses, the federal government has announced a substantial reduction…
Business
Pakistan’s Economy Gains Momentum as Finance Minister Projects Stronger Growth and Lower Inflation
Pakistan’s economy has entered a phase of recovery and stabilization, according to Finance Minister Muhammad Aurangzeb,…
Business
Government Increases Petrol Levy by Nearly Rs. 25 Per Litre Despite Fresh Fuel Price Reduction
The federal government has significantly increased the petroleum levy on petrol by Rs. 24.74 per litre,…
Business
Govt Likely to Increase Fuel Tax to Rs. 180 Per Litre in Upcoming Budget
The federal government is likely to increase taxes on petroleum products in the upcoming fiscal year…
Business
Govt Hikes Prices of Kerosene, Light Diesel, and Jet Fuel in Pakistan
The government has quietly increased the prices of kerosene oil, light diesel oil, and jet fuel…
Business
Government Defends Fuel Price Hike as Petroleum Levy Reaches Rs117 Per Litre
Pakistan’s rising fuel prices once again came under scrutiny after officials from the Petroleum Division attributed…
Economy
State Bank of Pakistan Raises Interest Rate to 11.5% Amid Economic Pressures
The State Bank of Pakistan has increased the policy rate by 100 basis points, bringing it…
Economy
Petrol and Diesel Prices Rise Sharply as Government Raises Taxes Under IMF Programme
Fuel prices in Pakistan have surged once again after the government increased petrol and diesel rates…
Economy
Sri Lanka Faces Renewed Economic Pressure Amid Energy Crisis and Cyclone Fallout
Sri Lanka is once again navigating a fragile economic situation as global energy disruptions and the…
Business
Luxury Imports in Pakistan Face Up to 60% Taxes, Driving Prices Higher
The cost of imported luxury and non-essential goods in Pakistan has surged sharply, with total taxes…
Business
Gold and Silver Prices Surge Sharply in Pakistan as Global Rates Climb
KARACHI: Gold and silver prices surged sharply across Pakistan on Monday, following a major rise in…
News
Tomato Prices Cross Rs.500 Per Kg in Pakistan as Inflation Drives Vegetable Costs to Record Highs
The price of tomatoes has surged past Rs.500 per kilogram in several parts of Pakistan, triggering…
Business
Gold Surges Beyond $4,000 an Ounce for the First Time as Investors Flock to Safe-Haven Assets
Gold prices reached an unprecedented milestone on Wednesday, breaking past $4,000 per ounce for the first…
Business
Economic Challenges Persist: More Companies Announce Temporary Shutdowns in Pakistan
The economy of Pakistan is now experiencing turbulence, with a number of businesses across all industries…
Business
Saudi Arabia Plans to Invest $24bn in Pakistan
Musadik Malik, Pakistan’s Minister of State for Petroleum said that Saudi Arabia is willing to invest…
Blogs
Careem Introduces Mass-commute Carpooling Options Via Route Optimisation to Save Cost
The recent inflation has affected everyone including the business community and corporations who are now opting…