Global shipping leader A.P. Moller – Maersk has announced a rise in its Emergency Contingency Surcharge (ECS) for shipments originating from Pakistan and the wider Indian Subcontinent bound for West Africa. The revised surcharge is expected to take effect from the Price Calculation Date (PCD) of April 1, 2026, according to sources familiar with the […]
An oil tanker carrying crude oil to Pakistan has successfully passed through the strategic Strait of Hormuz and is now heading toward the country, according to ship-tracking data cited by Bloomberg. The development comes at a time of heightened tensions in the region following military actions involving Iran. Shipping activity in the Persian Gulf has […]
Pakistan’s national flag carrier, Pakistan International Airlines, has accumulated losses of nearly Rs. 500 billion between 2015 and 2023, according to officials who briefed the Senate Standing Committee on Privatization. The disclosure highlights the severe financial challenges faced by the airline over the past several years. During the committee meeting held on Monday, officials revealed […]
The Government of Punjab, Pakistan has introduced the Chief Minister Punjab Climate Leadership Development Internship Program, offering young graduates an opportunity to contribute to environmental and climate-related initiatives across the province. The program aims to engage youth in climate action and environmental awareness while providing practical experience in sustainability projects. Through this initiative, the provincial […]
The Punjab Mass Transit Authority has announced a significant increase in fares for metro bus services operating across major cities in Punjab, Pakistan, raising the cost of travel for thousands of daily commuters. According to officials, the revised fare structure will come into effect from March 26, 2026. Under the new policy, ticket prices for […]
International diesel prices have surged past $140 per barrel, reaching levels not seen since the global energy shock triggered by the Russia–Ukraine War. The sharp rise signals renewed pressure on global fuel markets and raises concerns about potential economic ripple effects across multiple sectors. According to market data compiled by Topline Securities, diesel prices had […]
Bitcoin climbed sharply on Friday, reaching nearly a two-week high amid heightened geopolitical tensions in the Middle East. The cryptocurrency rose approximately 3 percent to around $71,500 by 4 PM Pakistan Standard Time (PKT) and has since surpassed $73,000, marking its highest level since the onset of the US-Israel military action against Iran. The surge […]
Hunza Serena Hotel in Hunza has been recognized by TIME Magazine as one of the “World’s Greatest Places of 2026,” highlighting Pakistan’s growing appeal as a global travel destination. The prestigious list celebrates unique destinations worldwide, and Hunza Serena Hotel stands out for its breathtaking location in Gilgit-Baltistan, surrounded by some of the world’s highest […]
Pakistani leg-spinner Abrar Ahmed has made headlines after being signed by Sunrisers Leeds, an IPL-owned franchise, at The Hundred auction for £190,000 (around Rs. 6.84 crore). The deal marks one of the highest prices ever paid for an overseas spinner in the competition’s history. Abrar entered the auction with a base price of £75,000, but […]
Escalating tensions in the Middle East could trigger serious economic challenges for Pakistan, particularly if the conflict disrupts global oil supply routes. A recent report by the Pakistan Institute of Development Economics warns that a full-scale regional crisis could drive international oil prices sharply higher and significantly impact Pakistan’s economy. The report highlights a worst-case […]
Pakistan and the International Monetary Fund are reportedly close to finalizing a revised tax collection target for the current fiscal year as part of ongoing economic negotiations. The discussions are taking place under the country’s $7 billion Extended Fund Facility program, which aims to stabilize Pakistan’s financial system and improve fiscal management. According to sources […]
The Senate Standing Committee on Information Technology and Telecommunication has raised serious concerns about the use of foreign software in the Islamabad Safe City surveillance system. The issue was discussed during a recent committee meeting, where officials provided a detailed briefing on the cybersecurity measures currently in place to safeguard the capital’s monitoring infrastructure. Members […]
International oil prices witnessed a sharp decline after Donald Trump hinted at a possible “conditional de-escalation” from the ongoing conflict involving Iran. The remarks triggered immediate reactions in global energy markets, leading to a significant drop in crude oil benchmarks. At the time of reporting, Brent Crude had fallen by 7.62 percent, dropping $7.54 to […]
The Pakistani rupee (PKR) continued its upward momentum, closing in green against the US Dollar (USD) for the 115th consecutive day on Monday. The currency gained three paisas, finishing the session at 279.37 PKR per USD, reflecting steady resilience despite ongoing global economic challenges. In addition to the US Dollar, the rupee also posted gains […]
Authorities in Rawalpindi have initiated construction work on a new slip road at the Faizabad Interchange, a move aimed at improving traffic management and commuter convenience in one of the city’s busiest areas. The development has been launched under the directives of the Rawalpindi Commissioner and Director General of the Rawalpindi Development Authority, Engineer Aamir […]
Pakistan Railways has announced an increase in train fares across multiple passenger classes and freight services, with the revised rates set to take effect from March 9. The adjustment comes in response to the recent rise in diesel prices, which has increased operational costs for the national railway network. According to Railways spokesperson Babar Ali, […]
The Government of Punjab has introduced new infrastructure regulations requiring all upcoming housing societies in Lahore to install underground electricity systems. The move aims to modernize the city’s power distribution network and improve safety standards in residential developments. The decision was finalized during the third meeting of the Energy Department’s Steering Committee, which was chaired […]
Pakistan’s banking sector recorded steady financial growth as total deposits increased by 18.2 percent year-on-year, reaching Rs. 36.6 trillion in January 2026. The figures were highlighted in data compiled by Topline Securities, indicating continued confidence among depositors despite a slowdown in lending activity. The rise in deposits reflects strong savings inflows into banks across Pakistan. […]
Petrol pump closures could begin within days if fuel deliveries are not restored, according to the Pakistan Petroleum Dealers Association (PPDA). The association has raised concerns over declining fuel supply to retail outlets across the country. The warning was issued during a press conference held at the Lahore Press Club, where industry representatives highlighted the […]
Fuel supply concerns are growing across Pakistan after the Pakistan Petroleum Dealers Association warned that petrol pumps may begin shutting down from Monday if supply disruptions continue. The association said that retail outlets across the country currently have only about 50 percent of their normal petrol stock remaining. Dealers fear the situation could worsen quickly […]
