Trucks are seen parked during a strike called by the Goods Transporters Association on Maripur Road in Karachi. — Online/FileGoods transporters remain on an indefinite strike from August 8.Strike disrupts textile export shipments and cotton supplies.Textile mills face pressure as…
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Pakistan clears $3.45bn UAE deposits with final $1bn repayment

A moneychanger counts $100 banknotes at an exchange company. — Reuters/FileRepayments include 6% interest on UAE deposits.Saudi Arabia extends $3bn deposit maturity support.External financing gap likely to widen after repayments.
The State Bank of Pakistan said on Friday it had…
Pakistan’s annual inflation accelerates to 4.1% in July

A shopkeeper speaks with a customer while selling spices at a market in Karachi, Pakistan June 11, 2024.— ReutersSPI inflation decreased by 0.9% year-on-year in July. 11 items’ prices increased during the reported week.Prices of 12 items declined in weekly comparison.
‘Good news’: Govt hints at reducing petroleum prices following US-Iran deal

A petrol pump in the federal capital seen in this undated image. — Online/FileGovt committed to reducing fuel prices when possible: minister.Oil prices fall as Iranian crude expected in global markets.Petrol price hit Rs458.4 per litre during April surge.




