US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
Fruit and vegetable prices in Punjab surged during Ramazan, exceeding official rate lists and straining consumers. Vendors cite higher wholesale costs, while farmers face rising production expenses. Weak enforcement and supply-demand pressures continue to challenge Pakistan's price control s
Energy policy expert Narendra Taneja expects stability to return within 7 to 10 days, as he predicts the US and Israel would likely call for diplomatic negotiations after their objectives are met.
Crude oil prices could surge to as high as USD 95 to USD 110 per barrel if Iran's oil supply and the Strait of Hormuz face disruption amid ongoing tensions, according to a report by Equirus Securities.
New Delhi [India], February 25: Imagine you are a small business owner in Ludhiana or a parent in Chennai planning for your child's higher education. You've held onto your family gold for years--not just as an heirloom, but as a silent financial guardian. Suddenly, you wake up to news of a g
Despite official price lists, Karachi shopkeepers are charging significantly higher rates for essentials during Ramazan. Fruits, vegetables, and chicken are being sold well above government-fixed prices. The report highlights the city administration's failure to enforce regulations, leaving
As Ramadan approaches, frustration is mounting across Karachi's markets, where residents say unchecked inflation and weak governance have turned the month of Ramadan into a financial ordeal.
Bakers in Peshawar plan to protest Punjab's curbs on flour movement, saying prices have surged while bread rates remain fixed. The Nanbai Association called the restriction illegal, cited inflation and power outages, and demanded the ban be lifted, new prices issued, and raids stopped.
Kabul residents say coal prices are too high despite Afghanistan's coal reserves. Locals told Tolo News they are struggling financially, while sellers blame tariffs and transport issues. Prices have jumped to 12,000 Afghanis per tonne, though a winter distribution plan aims to offer coal at
According to Dawn, the price surge was propelled by a spike in edible oil, sugar, and several perishable goods. Disruptions caused by the closure of the Afghan border have particularly strained supplies of vegetables, reversing earlier signs of stability. Pakistan's weak supply chain governa
Pakistan's inflation rate rose for the second consecutive month, reaching 6.2 per cent in October, driven by price hikes across multiple categories, particularly non-food and non-energy goods, signalling growing underlying inflationary pressures.
After a wave of vegetable price shocks, Pakistan is now staring at a fresh sugar crisis, with prices in the open market surging once again to Pakistani Rs 200 per kilogram.