News
Petrol prices in India reach four-year high " Check new per litre rates
1+ hour, 22+ min ago (169+ words) NEW DELHI " The Indian government has announced whooping increase in petroleum prices as it has started feeling the impacts of energy crisis amid fluctuations in global oil markets. After a four-year pause, the government has increased petrol and diesel rates,…...
Pakistan assures IMF of phasing out gas subsidy by January 2027
1+ day, 23+ hour ago (255+ words) Pakistan has assured the International Monetary Fund (IMF) of phasing out the Rs140 billion cross-subsidy extended to gas consumers by January 2027. Under the proposed reform plan, gas and electricity subsidies will no longer depend on consumption slabs. Instead, assistance will be…...
Cost of Living in Pakistan: 2022 vs 2026 Comparison
3+ day, 19+ hour ago (256+ words) ISLAMABAD " Pakistan is facing sharp rise in the cost of living, driven by years of high inflation, and recent US-Iran war that continues to leave deep economic scars. Although inflationary pressure had shown some moderation before geopolitical tensions, the overall…...
Petrol Price comparison shows Pakistan far above Neighbouring Countries in Fuel Cost
5+ day, 19+ hour ago (177+ words) ISLAMABAD "A fresh comparison of fuel prices sparked widespread concern, revealing that Pakistan currently has some of most expensive petrol rates among neighbouring countries, intensifying pressure on citizens already grappling with inflation and rising living costs. The disparity becomes even…...
Qurbani gets costlier on Eid ul Azha 2026 as Transport Fares rise amid fuel shock
5+ day, 22+ hour ago (354+ words) KARACHI " Pakistan's transport crisis is deepening as transporters announced around 10 percent increase in fares after the government's latest fuel price hike, triggering fears of another wave of inflation across the country. The increase is expected to hit millions of commuters…...
Surge in petrol, diesel prices raises transport costs, sparks fears of strike across Pakistan
6+ day, 4+ hour ago (330+ words) LAHORE " The continuous rise in petroleum prices has begun taking a serious toll on Pakistan's transport sector, with goods transporters warning that increasing operational expenses are making business unsustainable and adding further pressure on trade and supply chains across Pakistan....
Bad news for electricity consumers using up to 200 units per month
1+ week, 1+ day ago (237+ words) ISLAMABAD " The federal government has decided to discontinue the subsidy for households consuming up to 200 units of electricity per month in order to meet the conditions of the International Monetary Fund (IMF). Reports said the Pakistan has assured the International…...
Pakistan's trade deficit hits 46-month high in April amid rising imports
1+ week, 3+ day ago (311+ words) ISLAMABAD " Pakistan's external account came under renewed pressure in April 2026 as the country recorded a 46-month high monthly trade deficit of $4 billion, driven mainly by a sharp rise in imports that continued to outpace export growth. The data released by…...
Gold declines amid inflation worries, Iran tensions in focus
1+ week, 4+ day ago (315+ words) Gold prices edged lower on Monday as persistent inflation concerns continued to cloud the outlook for US monetary policy while investors remained focused on ongoing developments in Washington-Tehran negotiations. In early trading, spot gold slipped 0. 3% to $4, 599. 45 per ounce, while US…...
Pakistan sees double-digit inflation return at 10. 9pc
1+ week, 6+ day ago (461+ words) ISLAMABAD " Pakistan Bureau of Statistics (PBS) has unveiled that double digital inflation of 10. 9 percent returned to Pakistan, the highest level in nearly two years, amid global oil market volatility and higher domestic fuel levies. The official data showed that the…...