–The Oil and Gas Regulatory Authority has reduced the ex-depot price of petrol by Re1 per litre while increasing high-speed diesel by Rs3.37 per litre under the government’s revised petroleum pricing mechanism, effective July 28. Aftab Maken ISLAMABAD: The Govt on Monday revised the ex-depot prices of petroleum products, reducing …
Read More »
Aftab Maken ISLAMABAD: The federal government has increased ex-depot prices of petrol and high-speed diesel effective July 24, 2026, following a revised petroleum pricing mechanism. The federal government has increased the ex-depot prices of petrol and high-speed diesel, with the revised rates taking effect from July 24, 2026, according to …
Read More »
–Pakistan’s weekly inflation eased slightly by 0.45%, but annual inflation climbed to 11.94% as food staples and energy prices continued to place heavy pressure on household budgets Aftab Maken ISLAMABAD: Pakistan’s inflationary pressures remained elevated despite a slight weekly decline in prices, with the latest Sensitive Price Indicator (SPI) showing …
Read More »
Aftab Maken ISLAMABAD: Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), declined 0.98% for the week ended July 2, 2026, mainly due to sharp cuts in petroleum product prices, although tomato, onion and wheat flour prices recorded significant increases. Weekly inflation eased by 0.98% during the week ended …
Read More »
Aftab Maken ISLAMABAD: Pakistan’s merchandise trade deficit widened by more than 21 percent during fiscal year 2025-26, reaching $39.47 billion, as import growth significantly outpaced exports, according to provisional trade statistics released by the Pakistan Bureau of Statistics (PBS). The data showed that the cumulative trade deficit for the period …
Read More »
Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved a series of key decisions relating to the restructuring of the Pakistan Agricultural Storage and Services Corporation (PASSCO), trade policy reforms, and higher education governance during a meeting chaired by Federal Minister for Finance and Revenue …
Read More »
Aftab Maken ISLAMABAD: Pakistan’s economy ended fiscal year 2025-26 on a significantly stronger footing, recording its highest economic growth in four years, single-digit average inflation, and a current account surplus, according to the Finance Division’s Monthly Economic Update & Outlook for June 2026. The report, released by the Finance Division, …
Read More »
BeNewz