Wholesale markets in Karachi to observe strike against administrative crackdown
Wholesale grocery markets in Karachi will observe a one-day strike against excessive fines and arrests of traders, disrupting supply chains.
Tag
Inflation
PSX Continues Decline Amid Oil Prices and Middle East Tensions
Pakistan Stock Exchange (PSX) experiences further losses due to rising oil prices and Middle Eastern tensions, with indices closing down on April…
Trump threatens Iran with new sanctions and maritime blockade
US President Donald Trump announces a new maritime blockade in the Strait of Hormuz amid rising oil prices due to ongoing tensions.
Punjab Launches Wheat Release Scheme to Stabilize Prices
The Punjab government has initiated the release of wheat to stabilize prices, while PFMA urges timely import decisions.
KSE-100 Plummets as US-Iran Tensions Fuel Market Crash
The Pakistan Stock Exchange's KSE-100 index lost over 6,400 points due to renewed fighting between the United States and Iran. Global oil…
Trump Abandons Hormuz Fee Plan, New Strikes Hit Iran
US President Donald Trump withdraws 20% transit fee proposal for Strait of Hormuz as new strikes hit Iran. Oil prices rise slightly.
Iran rejects US toll demands for Strait of Hormuz passage
Tensions rise as Iranian Foreign Minister Abbas Araghchi mocks Trump's proposal, while the US reinstates a blockade on Iranian shipping in the…
Electric vehicle sales surge as gas prices rise
US EV market sees strong rebound in Q2 2026 due to higher fuel costs and increased consumer interest.
States sue to block $110 billion Paramount-Warner Bros Discovery merger
A dozen state attorneys general are suing to stop the $110 billion merger between Paramount and Warner Bros Discovery, citing concerns over…
Gold prices drop sharply in local market
24-karat gold per tola price falls by Rs3,800 in local market on Monday.
Roti and Naan Prices Hike in Lahore Spark Concern
The United Nanbai Association has increased roti and naan prices due to rising flour costs, while the district administration warns against unauthorized…
Apple and Samsung Gain as Smartphone Shipments Plunge Due to Memory Shortage
Smartphone shipments dropped by 11 percent in the last quarter due to rising memory costs, affecting budget phone manufacturers more severely.
US States Sue to Block $110bn Paramount-Warner Bros Merger
A bipartisan group of US state attorneys general have filed a lawsuit to block the $110bn merger between Paramount Skydance and Warner…
Oil prices surge as US reinstates Hormuz blockade on Iranian shipping
Brent crude climbs by 5% after Donald Trump reinstates US blockade on Iranian shipping in the Gulf, causing stock markets to fall.
Petroleum Minister states Pakistan’s prices lower than region
Petroleum Minister Ali Pervaiz Malik has announced that Pakistan's fuel costs are cheaper compared to neighboring countries.
Fed Official Warns of Potential Rate Hike Amid High Inflation
US Federal Reserve official Christopher Waller urges readiness for rate hike if inflation remains high, citing core inflation reading due on Tuesday.
Pakistan’s Car Sales Soar by 39% in FY2025-26
Car sales in Pakistan increased by 39% during FY2025-26, driven by stronger consumer purchasing power and improved auto financing schemes.
Nvidia’s Automotive Chief Discusses Progress in Self-Driving Technology
Nvidia's automotive chief discusses the progress in software-defined vehicles and the head start given to Chinese automakers.
Trump reinstates US blockade of Strait of Hormuz after Iran attacks
President Trump announces the reinstatement of a US blockade on Iranian shipping in the Gulf, following new missile and drone attacks by…
Asus Launches AMD-Powered A14 Air 2026 with High-End Display and Lightweight Design
Discover the new AMD-powered Adol 14 Air 2026 from Asus, featuring a lightweight design, high-end OLED display, and powerful performance.