inflation

Hafiz Naeemur Rehman threatens mid-November march over petroleum levy

The Jamaat-e-Islami leader warned that the party will protest on the streets if the government fails to abolish the fuel tax.

LPG prices drop in Hyderabad as new shipment arrives at port

Retailers lowered costs by up to Rs30 per kilogram despite market prices remaining well above the official government rate.

Pakistan prepares policy to shield low-income homes from rising LPG costs

The government aims to secure alternative supplies from Oman and Saudi Arabia as Qatar suspends 900 million cubic feet of daily gas.

OpenAI and Anthropic slash flagship AI model prices by up to 80 percent

The aggressive price cuts aim to lower barriers for developers as competition intensifies among major artificial intelligence providers.

Gold prices in Pakistan rise as international rates climb

Domestic gold and silver rates climbed today following a $14 increase in the international gold price per ounce.

Retail food prices show mixed trends across essential commodities

While tomato prices have halved, consumers face higher costs for live chicken and various meat cuts in the open market.

Pakistan sugar industry loses 98 billion rupees as prices drop 25 percent

A 1.3 million tonne surplus and restricted export permissions have pushed 12 mills to close while industry leaders demand full de-regulation.

Petrol pump owners demand meeting over volatile fuel pricing mechanism

The association claims the daily pricing system disrupts cash flow, complicates stock valuation, and creates uncertainty in fuel purchases and sales.

Punjab approves Rs 10 billion subsidy to lower flour prices

The move follows a surge in LPG costs and rising bread prices that have intensified financial pressure on low-income households.

IMF warns Pakistan's external position may weaken as imports rise

El Niño poses severe climate risks to global communities in 2027

Governments have an opportunity to act by implementing five measures published by the ADB to protect communities from these impacts.

Global PC shipments drop 21 percent in third quarter of 2026

Rising component costs and a 14-year low in smartphone sales are forcing manufacturers to revive older hardware to manage inflation.

Pakistan inaugurates food exhibition to mark World Food Day 2026

Experts at the event highlighted how rising production costs, poverty, and climate change are placing growing pressure on the national food system.

Brent crude hits $112 a barrel as Middle East tensions escalate

Global markets tumbled as regional instability and drone strikes on oil infrastructure drove energy prices to a five-month peak.

Pakistan proposes Auto Policy 2026-31 to lower vehicle prices and taxes

The plan also includes cutting tariffs on localized parts to 15% by 2031 to protect local manufacturers from lost revenue on imports.

Spot gold slides to lowest level since mid-October as oil prices rise

Azam Minhas demands immediate cuts to petroleum and LPG prices

The activist warns that high fuel costs are driving up food prices and calls for an end to elite privileges in favour of public prosperity.

South African rand trades at 16.4075 against US dollar

The currency move follows a September drop of more than 2% against the dollar as the country prepares for local government elections on November 4.

Gold and silver prices drop in Pakistan as international rates fall

Domestic precious metal prices retreated on Wednesday following a decline in global markets, affecting local jewellers and investors.

Nora EV announces official ex-factory prices for electric vehicles in Pakistan

The new pricing structure, effective late October, provides a clear cost breakdown for various models ranging from budget commuters to high-range options.

IMF projects 4.5% growth for Sub-Saharan Africa in 2026 and 2027

The International Monetary Fund urges regional leaders to prioritise price stability and support for vulnerable households to manage rising inflation.

OGRA sets petroleum prices based on seven-day average mechanism

The government adopted this mechanism to address supply-related problems as Pakistan imports all of its oil requirements.

Solar panel prices fluctuate as winter demand rises in Pakistan

Consumers are seeking renewable energy solutions as the colder season approaches, with costs varying based on brand and wattage.

Pakistan government cuts petrol and diesel prices for 24 hours

The price of petrol fell by Rs. 5.16 to Rs. 381.14 per litre, while diesel dropped by Rs. 7.69 to Rs. 389.27 per litre.