The Pakistan Stock Exchange (PSX) came under significant pressure on Thursday as rising global oil prices and concerns over monetary tightening dampened investor sentiment. Read More: Oil prices hit four-year high amid Hormuz tensions The benchmark KSE-100 Index experienced sharp volatility during the trading session, hitting an intraday high of 164,357.47 points before sliding to a […]
Inflation
California governor described the war as a “meaningless war” in Iran
Gavin Newsom has called for an immediate end to what he described as a “meaningless war” in Iran, urging the US federal government to shift its focus toward domestic economic challenges. Read More: Punjab and California declared ‘sister states’ In a recent statement, Newsom criticised US President Donald Trump, holding his administration responsible for rising inflation and […]
Oil prices surge near $100 amid Iran tensions
Global financial markets turned cautious on Tuesday as escalating tensions linked to the Iran conflict pushed oil prices sharply higher, raising fresh concerns about supply disruptions and inflationary pressure. Read More: Oil prices surge as Strait of Hormuz closes again Brent crude rose by around 4.5% to $99.78 per barrel, while West Texas Intermediate climbed 5.3% to […]
Gold prices in Pakistan recorded a significant increase
Gold prices in Pakistan recorded a significant increase on Tuesday, with rates rising by more than Rs4,000 per tola amid an upward trend in the international market. Read More: Gold prices remain steady in Pakistan According to the All Pakistan Gems and Jewellers Association, the price of gold per tola surged by Rs4,600, pushing it to […]
Freight transport fares drop 40% after fuel price cut in Pakistan
The Pakistan Goods Transport Alliance (PGTA) has announced a 40% reduction in freight transport fares following a recent cut in fuel prices across the country. The decision is expected to provide relief to businesses and consumers affected by rising logistics costs. Read More: PM Shehbaz launches digital fuel relief for transport sector PGTA President Malik Shahzad Awan confirmed the […]
ADB warns risks persist despite Pakistan’s economic recovery
ISLAMABAD: The Asian Development Bank (ADB) has said that while Pakistan’s economy is showing signs of gradual recovery, significant risks continue to threaten long-term stability. Read More: ADB backs Pakistan solar power reforms In its latest report on Pakistan’s economic outlook, the ADB noted that macroeconomic conditions are improving, but external and internal vulnerabilities remain a […]
Gold prices in Pakistan fall by Rs3,000 per tola
Gold prices recorded a notable decline across Pakistan on Tuesday, offering some relief to buyers amid ongoing economic fluctuations and high inflation. Read More: Gold prices remain steady in Pakistan According to the All Pakistan Gems and Jewellers Association, the price of gold per tola decreased by Rs3,000, bringing the new rate down to Rs488,462. The drop […]
Prime Minister Shehbaz Sharif has announced a major reduction in petrol prices
ISLAMABAD: Prime Minister Shehbaz Sharif has announced a major reduction in petrol prices, cutting the rate by Rs80 per litre in a bid to ease the financial burden on citizens amid rising global oil costs. Read More: Pakistan’s fuel prices increase compared to March 2022 In a televised address, the premier said the new petrol price has […]
Weekly inflation up by 1.01%
The Sensitive Price Indicator (SPI) based weekly inflation increased by 1.01 percent during the week ended on April 02, 2026 for the combined consumption group, Pakistan Bureau of Statistics (PBS) reported Friday. According to PBS data, the SPI for the week under review for the group rose to 348.94 points as compared to 345.45 points […]
Gold prices surge by Rs3,900 per tola in Pakistan
KARACHI – Gold prices in Pakistan continued their upward trend on Monday, rising by Rs3,900 per tola amid increasing rates in the international market. Read More: Gold prices fell sharply in Pakistan amid global market volatility According to the All Pakistan Gems and Jewellers Association, the price of gold per tola climbed to Rs475,962 after […]