Vehicles lined up at the Pakistan State Oil petrol pump in this undated photo. — Online/FileFollowing the announcement of a massive hike in petroleum prices, a government official on Saturday clarified the rationale behind the decision and how the fuel pricing mechanism…
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Govt plans phase-out of protected power consumers
A power technician while fixing electric meters in Pakistan. — AFP/File
The government is working on phasing out the protected electricity consumer category, a top official informed lawmakers on Tuesday, in a move that would replace subsidised tariffs with direct cash transfers for…
Iranian oil flows through Strait of Hormuz even as Gulf neighbours’ exports shut
Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in the United Arab Emirates, March 11, 2026. — Reuters
Iranian crude oil has continued to flow…
IMF raises Pakistan’s inflation forecast to 9.9% in FY27
A man selling vegetables waits for customers at his makeshift stall at the Empress Market in Karachi, April 2, 2018. — ReutersPakistan’s GDP growth is projected at 3.5% this fiscal year.Country’s unemployment rate forecast to stand at 6.5% in FY27.US economy forecast to grow by…