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The government has sharply raised petrol, diesel and kerosene prices after abandoning broad fuel subsidies amid global oil turmoil. Islamabad is now relying on targeted support for bikers, farmers and transporters, along with energy-saving measures, to soften the blow.
Pakistan has sharply raised petrol and diesel prices as global oil markets tighten amid regional conflict. The move underscores how external energy shocks are now directly feeding into domestic inflation and fiscal pressure.
The rupee recovered against the dollar and other major currencies after slipping in the previous session. The move points to short-term market stabilisation, though broader external risks continue to shadow the exchange-rate outlook.
Pakistan’s benchmark stock index closed sharply lower as escalating war fears and higher oil prices rattled investors. The sell-off highlighted the PSX’s sensitivity to global risk sentiment and energy-market shocks.
China is pressing Pakistan to clear $220 million owed to a Chinese energy company, exposing fresh stress in the country's energy payment chain. The case could carry wider consequences for investor confidence and sector stability.
Pakistan has reassured the IMF that fuel subsidies are temporary and may be rolled back if budget savings prove insufficient. The report also highlights rising inflation and pressure to expand cash support for vulnerable households.
Pakistan’s inflation climbed to its highest point in 19 months in March, with consumer, wholesale and core indicators all showing renewed pressure. The trend raises concerns over household costs and the wider economic policy outlook.
Pakistan’s competition watchdog has enforced fines against two frozen dessert makers for marketing their products as ice cream. The ruling reinforces stricter standards on food labeling, advertising accuracy and consumer protection.
Pakistan’s central bank has launched a framework allowing teenagers to independently run bank accounts and digital wallets. The move is aimed at financial inclusion, youth empowerment and building early familiarity with formal finance.
Pakistan equities posted a powerful rebound as easing fears over the regional war boosted investor confidence. The benchmark index soared more than 5%, briefly triggering a trading halt before the market resumed.
Pakistan is reviewing contingency shipping measures after securing limited passage for its flagged vessels through the Strait of Hormuz. The move is aimed at protecting critical imports as the Middle East conflict continues to strain energy and trade routes.
Pakistan's shipping and trade stakeholders have agreed on clearer pricing and stricter transparency rules amid regional shipping disruptions. The move is intended to curb arbitrary charges and protect traders from conflict-related logistics shocks.
