OGRA Raises LPG Prices Nationwide for August 2026
OGRA has raised Pakistan’s LPG price to Rs254 per kilogram for August 2026. A domestic cylinder will cost Rs3,000.93, while the official commercial-cylinder price has increased to Rs11,546.
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Business News Archive - Page 19
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Pakistan Raises Petrol and Diesel Prices in Fresh Midnight Revision
Pakistan has raised petrol by Rs1.09 to Rs336.15 per litre and high-speed diesel by Rs2.42 to Rs393.04 per litre. The midnight revision is expected to affect motorists, freight operators and broader transportation costs.
Business
Pakistan Exits High-Risk Shipping List, Easing Trade Costs
Pakistan has been removed from Lloyd’s Joint War Committee list of high-risk maritime areas, potentially lowering insurance and shipping costs. The government says the decision will support exports, port investment and Pakistan’s development as a regional logistics hub.
Business
Saudi Arabia Extends Pakistan’s $5bn Deposit for Three Years
Saudi Arabia has rolled over $5 billion in deposits held with Pakistan’s central bank for three years, easing immediate external-payment pressure. The arrangement reduces Pakistan’s estimated financing requirement and supports efforts to raise foreign-exchange reserves.
Business
Pakistan Cuts Petrol by 75 Paisas as Diesel Rises Rs2.24
The government has reduced petrol by 75 paisas to Rs335.06 per litre while increasing high-speed diesel by Rs2.24 to Rs390.62 for July 30. The revision was announced under Pakistan's daily pricing mechanism amid continuing volatility in international energy markets.
Business
PM Orders Banks to Expand Financing for Apna Ghar Housing Scheme
Prime Minister Shehbaz Sharif has directed public and private banks to increase financing for the Apna Ghar Scheme and accelerate approvals for eligible families. Banks have approved about Rs204 billion under the programme, while around Rs27 billion has been disbursed.
Business
Pakistan Raises Petrol and Diesel Prices Under Daily Review
Pakistan has raised petrol by Rs1.63 to Rs335.81 per litre and high-speed diesel by Rs1.55 to Rs388.38 under its daily fuel-pricing system. The revision takes effect on July 29 amid continued volatility in international oil markets.
Business
Dar Targets $20bn Pakistan-US Trade Within Five Years
Deputy Prime Minister Ishaq Dar says Pakistan is confident that bilateral trade with the United States can rise from $9.4 billion to $20 billion within five years. He urged visiting US lawmakers and business leaders to expand investment in technology, energy, mining, manufacturing and agriculture.
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ECC Approves Rs255bn Package to Accelerate Pakistan’s Exports
The ECC has approved export financing and rebate schemes worth more than Rs255 billion to expand Pakistan’s overseas trade. The committee also lowered gas costs for selected power plants and sanctioned Rs4 billion for international arbitration expenses.
Business
Pakistan Raises Diesel by Rs3.37, Cuts Petrol by Re1 for July 28
The government has raised high-speed diesel by Rs3.37 per litre while reducing petrol by Re1 for July 28. Diesel will cost Rs386.83 per litre and petrol Rs334.18 under Pakistan’s daily fuel-pricing mechanism.
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SBP Holds Interest Rate at 11.5% Amid Economic Uncertainty
The State Bank of Pakistan has maintained its benchmark policy rate at 11.50% after reviewing inflation, economic indicators and Middle East-related risks. The next monetary-policy announcement is scheduled for September 14.
Business
PSX Surges Nearly 7,000 Points as US-Iran Tensions Ease
The KSE-100 index surged by more than 7,000 points as investors welcomed a pause in attacks between the United States and Iran. Falling oil prices and hopes for uninterrupted Strait of Hormuz shipping strengthened sentiment in Pakistan’s equity market.
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