Economy

Govt also shelves plans for fuel rationing app, subsidy for motorcyclists

The partnership includes vehicle distribution, advanced battery manufacturing, and establishment of battery-swapping stations

Higher tariff will apply to consumers nationwide

PM Sharif says austerity savings to support vulnerable groups, digital system to target aid

Increased cargo flows and tanker arrivals signal shifting maritime patterns

Monetary Policy Committee warns higher energy costs could push inflation above 7%

Deal covers key program reviews as Fund warns of risks from Middle East conflict

Brokerages warn CPI could exceed 7-8% amid rising transport and housing costs

The prime minister ‘rejected’ a proposal to raise the petrol price by PKR 93 per liter and diesel by PKR 203.

The year-on-year increase comes on the back of higher fuel, gas prices

Digital vouchers to manage petrol distribution amid energy crisis

Business body says capacity payments undermine relief from reduced electricity demand

Barrick to extend review as development pace slows

Energy shocks and disrupted trade may widen deficits and fuel inflation

Surge in fabric imports sparks concerns over tax loopholes and unfair competition

Rising commodity prices and supply disruptions heighten risks for emerging economies

Higher oil prices and falling equity markets seen as key drivers of economic slowdown

Economic Coordination Committee approved proposal to import one million metric tons of wheat

Weak institutions and eroding rule of law weigh on governance and markets