Transporters Hike Fares After Petrol, Diesel Price Increase KARACHI – The transport sector has announced a 3% increase in fares following the federal government’s latest hike in petrol and diesel prices. Alliance President Malik Shahzad Awan said transporters are unable to absorb further losses, warning that continued fuel price hikes are creating serious instability in […]
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 […]
Tensions Rise as US Deploys Warships Near Venezuela Caracas/Washington — The United States has sent warships to international waters off Venezuela’s coast, supported by F-35 fighter jets deployed to Puerto Rico, in what Washington describes as an anti-drug operation. Venezuelan Defense Minister Vladimir Padrino Lopez condemned the move, calling it “an undeclared war.” Speaking at […]
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 […]
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 […]
Artemis Faces Investor Scrutiny Over High Debt Amid Puma Stake Moves Paris – Artemis, the holding company of the Pinault family that controls luxury giant Kering, has drawn fresh attention from investors over the high levels of debt it has taken on while expanding into luxury, arts, and entertainment ventures. A spokesperson for Artemis, the […]
Brent crude futures were up 27 cents to $73.27 a barrel by 0749 GMT. U.S. West Texas Intermediate crude climbed 26 cents to $69.37. Both benchmarks gained more than 1% in the previous session after U.S. President Donald Trump announced a 25% tariff on countries importing oil and gas from Venezuela. Oil is Venezuela’s main […]
The rebound in gold prices has hammered demand, and buyers are now waiting for prices to correct, said a Mumbai-based dealer with a private bullion importing bank. Domestic gold prices in India rose to 79,270 rupees ($915.60) per 10 grams this week and were not far from all-time highs, tracking gains in international spot gold […]
Reports indicate that essential commodities have jumped by Rs20 to Rs80 per kilogram, primarily due to a steep increase in palm oil prices on the international market. The price of palm oil prices has escalated from $900 to $1,200 per ton, marking a staggering rise of $300 recently. This dramatic surge is attributed to various […]
The crypto market is down 46% from its all-time high in May, but shrewd investors are celebrating the dip in prices. Because the IRS classifies digital currencies like bitcoin as property; losses on crypto holdings are to treat much differently than losses on stocks and mutual funds, according to Onramp Invest CEO Tyrone Ross. With crypto tokens, […]
