Economic Impact

News Desk KARACHI: Gold and silver prices in Pakistan have recorded a significant decline on Saturday. The price of gold per tola has decreased by 1,600 rupees, bringing it down to 439,036 rupees, while the international market saw a drop…

News Desk KARACHI: The price of gold in Pakistan has increased by 900 rupees per tola, reaching a new high of 440,836 rupees. This surge, reported by the All Pakistan Gems and Jewelers Association, reflects ongoing economic pressures and…

KARACHI: Pakistan has recorded a notable decline in vehicle sales, with a total of 15,104 vehicles sold in September 2026, according to the Pakistan Automotive Manufacturers Association (PAMA). This marks a significant downturn in the…

News Desk TEHRAN: Iran's government asserts that intermediaries managing its oil sales owe it billions of dollars, raising concerns over financial accountability and transparency in the oil sector. The Iranian Oil Ministry has reported…

News Desk KARACHI: On October 12, 2026, gold prices in Pakistan saw a significant decline, with the price per tola dropping by 2,100 rupees to reach 439,936 rupees. This adjustment marks the beginning of the business week with notable…

News Desk LILONGWE: Malawi is grappling with a severe fuel shortage that has paralyzed daily life in the capital, Lilongwe, forcing motorists to endure long queues for days in search of petrol and diesel. The crisis has escalated over the…

News Desk ISLAMABAD: The federal government has announced an adjustment in fuel prices, effective for the next 24 hours. Following approval from the Oil and Gas Regulatory Authority (Ogra), the Petroleum Division issued a notification…

News Desk WASHINGTON: The United States and Greece have formalized a significant security pact aimed at bolstering defense cooperation and addressing escalating regional threats. The agreement, signed on Tuesday, underscores the commitment…

News Desk LONDON: Oil prices have surged past $101 per barrel, driven by ongoing supply concerns and geopolitical tensions affecting production levels. This increase marks a significant rise in crude oil prices, reflecting the volatile…

News Desk CARACAS: An explosion has struck Venezuela's second-largest oil refinery, prompting an immediate suspension of its operations. The incident occurred on Tuesday at the Amuay refinery, part of the state-owned Petroleos de Venezuela…