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Business
Which Countries Hold the Most Oil Reserves?
News Desk
Islamabad: Strategic Petroleum Reserves (SPR) are emergency stockpiles maintained by governments to cushion supply shocks during wars, natural disasters, or major market disruptions.
Countries in the International Energy…
Gold Takes Historic Hit, Buyers Rush to Market
News Desk
Islamabad: A sharp downturn in global bullion markets triggered a dramatic drop in gold prices across Pakistan, offering rare relief to buyers and investors alike.
According to market data, the price of gold per tola…
Middle East War Pushes Global Airlines Into $53B Crisis
News Desk
The world’s 20 largest airlines have collectively lost around $53 billion in market value amid the ongoing war involving the United States, Israel and Iran, Financial Times reports.
The conflict has severely disrupted air…
Gold Prices Slide in Pakistan and Global Markets
News Desk
Islamabad: Gold prices in Pakistan have fallen sharply, reflecting trends in the global bullion market.
According to the All Pakistan Bullion Gems and Jewelers Association, the price of gold per tola has dropped by Rs 8,100…
Key Oil and Gas Hubs in Middle East Hit by Iran
News Desk
Middle East: The Middle East, long a cornerstone of global energy, has once again found itself in the eye of a storm. Escalating tensions between Iran and its regional adversaries have turned critical oil and gas…
Oil Near $100 as Hormuz Crisis Fuels Supply Fears
News Desk
Hong Kong: Oil prices rebounded on Tuesday, climbing back toward the $100 mark as escalating tensions around the Strait of Hormuz heightened concerns over global energy supplies, while investors kept a close watch on inflation…
Why Does Fujairah Matter During Hormuz Tensions?
News Desk
Islamabad: A drone strike and subsequent fire at the port of Fujairah Port have disrupted some oil-loading operations, drawing fresh attention to the strategic importance of the Gulf hub for global energy markets.
Located…
Your Instagram DMs Won’t Be Encrypted Soon—Why?
News Desk
Islamabad: Meta has announced that it will discontinue the end-to-end encryption option for direct messages on Instagram starting May 8, 2026, citing low user adoption of the feature.
The encryption option was introduced in…
Is Your Rs40,000 Bond a Winner?
News Desk
Islamabad: The latest draw of the Rs40,000 Premium Prize Bond has produced several big winners, with millions of rupees awarded to successful bondholders across Pakistan.
According to Central Directorate of National Savings,…
Geopolitics Sends Indian Airlines on Costly Long Routes
News Desk
Mumbai: Escalating military tensions involving Iran in the Middle East have once again turned the region’s skies into a zone of uncertainty, creating significant operational and financial challenges for Indian airlines.
The…