The federal government might just have discovered yet another excuse to again increase petrol and diesel prices this week following… Read More
Iran Allows Qatari Ship Full of LNG to Clear Hormuz And Head to Pakistan
Qatar has sent a large shipment of liquefied natural gas (LNG) through the Iran-controlled Strait of Hormuz, which is now… Read More
Oil Jumps Near $120 per Barrel After Mysterious Drone Attack on UAE Plant
Global oil markets reacted sharply after reports emerged that an Iranian drone strike targeted a petroleum facility in the United… Read More
FBR Shockingly Misses Out on a Lowered 10-Month Tax Target by Rs. 683 Billion
The Federal Board of Revenue (FBR) has once again failed to meet its tax collection target, with the shortfall widening… Read More
Senators Push Govt to Act Like UAE and Force Etisalat to Return $800 Million
A Senate Standing Committee on IT and Telecom session today saw renewed pressure over the long-pending $800 million Etisalat payment… Read More
Oil Blasts Past $120 After Shock UAE Exit While Trump Keeps Hormuz Choked
Global oil prices surged sharply to $122 on early Thursday morning (Pakistan Standard Time) after the United States President Donald… Read More
Oil Shoots Above $119/ Barrel As Trump’s Iran War Triggers Worst Crisis Since 2022
Brent crude oil prices have surged sharply late on Wednesday, briefly touching $119.50 per barrel as rising tensions linked to… Read More
Remittances Will Jump to $50 Billion After Crypto is Legalized in Pakistan: Bostan
Remittance inflows will jump significantly to $50 billion from the current level of around $38 billion when cryptocurrencies are legalized… Read More
Iranian Rial Gains Big Against US Dollar Despite War and Trump’s Sanctions
Iran’s Rial (IRR) has strengthened against the US dollar despite the ongoing war waged by the United States and Israel… Read More
Pakistan Now Ranks Worst in South Asia for Petrol Prices Relative to Income
While fuel prices across South Asia remain almost similar in US dollar terms, Pakistan faces the most expensive fuel prices… Read More
US Dollar’s Share of Global Reserves Slips to 26-Year Low As War Fears Rise Again
The US dollar is gradually losing ground in global financial reserves as central banks increasingly diversify away from the world’s… Read More
SBP’s Next Big Decision Could Be a Rate Hike Unless IMF Deposit Arrives in Time
Multiple credible sources and central bank communiqués suggest that the State Bank of Pakistan (SBP) is preparing to sharply raise… Read More
