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Wang urges Muttaqi to cease fire

Both stresses that both sides should remain calm and work toward defusing tensions through direct engagement China’s Foreign Minister Wang Yi attends a meeting of foreign ministers of the BRICS group of nations in the city of Nizhny Novgorod, Russia June 10, 2024. PHOTO:REUTERS China has urged Pakistan and Afghanistan to resolve their disputes through … Read more

Committee reviews fuel stock position, import arrangements

[ Says govt undertaking scenario planning to safeguard energy security, economic stability Financial Minister Muhammad Aurangzeb speaking at the Pakistan Economic Growth Conference organised by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Islamabad, Feb 14, 2026. PHOTO: LIVESTREAM ISLAMABAD: A meeting of the Committee to Monitor Petrol Prices was held virtually … Read more

‘Govt absorbs Rs77 fuel price hike’

[ It is not clear whether govt will cut oil levy or reimburse cost to OMCs, refineries OCAC urged the Special Investment Facilitation Council to intervene and recommend the withdrawal of petroleum and climate support levies on furnace oil, which would help restore policy consistency and support critical sectors. PHOTO: FILE ISLAMABAD: The government has … Read more

PSX dips 3,630 points on oil surge, Gulf war

[ KARACHI: The Pakistan Stock Exchange (PSX) remained volatile during the outgoing week, with the KSE-100 index closing at 153,866 points, down 3,630 points, or 2.3% week-on-week, as surging global oil prices and escalating US-Iran tensions rattled investor confidence. On a day-on-day basis, the PSX commenced the week with a sharp sell-off on Monday as … Read more