The Cabinet Committee to Monitor Petrol Prices met today under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to review the petroleum supply situation and market conditions following the recent price adjustment. The meeting focused on ensuring supply continuity, maintaining market discipline, and strengthening monitoring mechanisms across the supply chain….
Consultations on ToU industrial tariff draw broad industry input and signal a shift toward flexible, opt-in power pricing in Pakistan Pakistan’s Ministry of Energy (Power Division) has concluded three consultative sessions on a proposed multi-slab Time-of-Use (ToU) industrial tariff, marking a shift toward flexible and data-driven electricity pricing for industry. Read More: Pakistan Readies Electricity…
Attack on Kuwaiti vessel near Dubai raises supply risks as crude prices stay elevated.An Iranian drone strike hit a Kuwaiti oil tanker anchored at Dubai port, triggering a fire and raising fresh concerns over energy supply disruptions in the region, according to media reports. Dubai authorities later said the fire had been brought under control,…
Fuel prices surge past $4 per gallon amid supply fears linked to Strait of Hormuz disruptions.The national average price for gasoline in the United States crossed the $4 per gallon mark on Monday as escalating tensions in the Middle East tightened global oil supply expectations. Prices later eased slightly, standing at $3.950 per gallon, according…
Gold prices rise sharply across Pakistan, tracking higher international bullion rates and interbank-linked pricing benchmarks. Gold prices in Pakistan increased on Tuesday, , with the local market reflecting gains in international bullion and currency-linked benchmarks, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. The price of 24-karat gold per tola…
Islamabad: The Pakistan Medical and Dental Council (PM&DC) has taken serious notice of a disturbing incident reported in the media regarding the alleged filming of patients during surgical procedures at Lady Willingdon Hospital in Lahore. According to initial reports, a video recorded inside an operating theatre, purportedly showing medical staff engaging in unprofessional conduct and…
Atlas Honda plans a $20 million investment to scale production capacity toward two million units, signaling renewed growth in Pakistan’s motorcycle market. Atlas Honda Limited is set to invest $20 million to expand its production capacity as it targets output of up to two million units, reflecting improving demand conditions in Pakistan’s two-wheeler market. The…
Pakistan’s inflation is projected at 7.4% year-on-year in March 2026, driven by a sharp surge in fuel prices and rising electricity costs, according to an Optimus Research report. According to report issued by OPTIMUS, Pakistan’s consumer inflation is expected to rise to 7.4% year-on-year in March 2026, as a sharp increase in fuel prices pushed…
Pakistan secured assurance from Kuwait Petroleum Corporation to facilitate diesel and jet fuel imports, strengthening bilateral energy cooperation amid regional uncertainties. Pakistan moved to reinforce energy cooperation with Kuwait after Kuwait Petroleum Corporation assured full facilitation to Pakistani vessels for diesel and jet fuel imports, officials said following a high-level meeting in Islamabad. Federal Minister…
Gold prices surged sharply across Pakistan’s interbank-linked bullion market on March 30, with significant gains in both local and international rates. Gold prices in Pakistan climbed sharply on Monday, March 30, as the All Pakistan Sarafa Gems and Jewellers Association reported a strong increase in both domestic and international bullion rates. The price of 24-karat…