A worker holds a nozzle to pump petrol into a vehicle at a fuel station. — ReutersUS crude drops by $5.71.Brent crude falls $5.72.Rates to be changed on Aug 15.ISLAMABAD: In a sigh of relief for the inflation-hit masses, petroleum product prices in Pakistan are expected to…
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Ramadan 2026: SBP announces revised banking hours for public dealing
State Bank of Pakistan building is seen in this undated image. — SBP/File
The State Bank of Pakistan on Wednesday announced revised banking hours for public dealings during Ramadan, with the country set to observe the first day of the holy month tomorrow .
In a post on X,…
IMF foresees tax shortfall of Rs400bn as Pakistan seeks revised growth target
This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund in Washington, DC. — AFPPakistan, IMF discuss tweaks in macroeconomic framework.Islamabad requests lender to revise GDP forecast to 3.5%.Regional escalation to cause strain…
Saudi, Iraqi companies halt crude sales to Indian refiner, say sources
Logo of Nayara is seen at its fuel station on the outskirts of Ahmedabad, India, November 16, 2022. — Reuters Nayara misses 3m barrels monthly supply from Gulf exporters. Sanctions create payment issues for Iraqi crude oil purchases. Nayara refinery runs at 70–80% capacity…