Petrol and Diesel Prices Set to Increase in Pakistan from October 1 ISLAMABAD – Petrol and other petroleum products in Pakistan are expected to become more expensive starting October 1, 2025, as authorities plan modest price hikes. According to reliable sources, the price of petrol is likely to rise by Rs1.97 per litre. High-Speed Diesel […]
Indians Hold On to Gold as Prices Soar, Scrap Supply Falls Ahead of Festive Season New Delhi — Unlike in March, when spot gold first topped $3,000 an ounce and many retail investors rushed to sell, this time Indians are holding onto their gold, betting that prices will climb even higher. “Indians now believe gold […]
SPI Shows Mixed Trend: Weekly Dip but Annual Rise of 5% Islamabad – The Sensitive Price Index (SPI) stood at 335.35 points this week, slightly down from 335.41 points recorded a week earlier. On an annual basis, however, the index showed a 5.03% increase, reflecting a general rise in prices over the past year. The […]
ISLAMABAD: Federal Minister for Investment Qaiser Ahmed Sheikh has openly acknowledged that the PML-N-led government failed to keep sugar prices under control in Pakistan. In an exclusive interview, with Sheikh said that despite repeated assurances, sugar prices surged unexpectedly, raising concerns about possible stockpiling and mismanagement in the sector. He revealed that the cabinet had […]
Naanbais Threaten Price Hike Amid Soaring Flour Costs ISLAMABAD — The Naanbai Association has warned of an imminent price hike for roti and naan if flour is not supplied at the government’s official rates. Bakers said they could be forced to sell roti at Rs25 and naan at Rs30 if authorities fail to ensure a […]
Government Reviews Food Prices and Flood Relief Measures in First Steering Committee Meeting Islamabad – Senior officials from the Ministry of Finance, Energy and Petroleum Divisions, the State Bank of Pakistan, and other federal institutions convened in the first official meeting of the newly formed steering committee to address rising commodity prices and the impact […]
PFMA Warns of Further Wheat and Flour Price Hikes Without Immediate Imports KARACHI – The chairman of the Pakistan Flour Mills Association (PFMA), Junaid Aziz, has warned that wheat and flour prices in Pakistan could rise even further if the government does not act promptly on wheat imports. Aziz pointed out that while wheat is […]
Oil Prices Dip as Supply Pressures Weigh on Market Despite Geopolitical Tensions Global oil prices slipped on Friday as supply concerns outweighed geopolitical risks, with traders preparing for the expiration of Brent’s October contract. At 02:51 GMT, Brent crude futures for October delivery fell 53 cents, or 0.8%, to $68.09 per barrel, while the more […]
Fuel Prices Likely to Drop from September ISLAMABAD – Petrol and diesel prices in Pakistan are expected to see a slight reduction at the start of September, sources confirmed on Friday. According to initial calculations, petrol may become cheaper by 61 paisas per litre, while high-speed diesel could see a bigger cut of Rs3.13 per […]
Oil Prices Slip After Hitting Two-Week Highs on Supply Concerns SINGAPORE – Oil prices edged lower in early Asian trading on Tuesday, after rallying to their highest levels in more than two weeks a day earlier amid renewed concerns over supply disruptions from the Russia-Ukraine conflict. Brent crude futures slipped 16 cents, or 0.23%, to […]