A large number of vehicles stand in a queue to fill their vehicle petrol tanks at a petrol pump in Islamabad, on May 24, 2022. — OnlineFinance Division announces new prices.High-speed diesel rate hiked by Rs11.37 per litre.Rates increased for third straight fortnight.The…
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Nationwide fuel shortage looms as petroleum cargoes held over tax dispute
A large number of oil tankers are parked near Shireen Jinnah Colony in Karachi. — Online/FilePetroleum cargoes remain stranded at Karachi ports.Five major petrol and diesel vessels await clearance.Sindh restores 100% IDC bank guarantee requirement.
Pakistan is facing the…
Pakistan remains largest beneficiary of GSP+, says European Commission
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. — ReutersPakistan secured €732m through tariff concessions: report.Report notes institutional and legislative developments.EU accounts for 28 % of the country’s total…
Severe flooding in Punjab poses threat to Pakistan’s economy
A man carries a new born buffalo calf as he wades through a flooded road, following monsoon rains and rising water levels of the Chenab River, in Qadirabad village near Punjab’s Chenab River, August 28, 2025. — Reuters
Across the fertile plains of Punjab, families are…