Government's sudden cessation of wheat procurement caused prices to drop to as low as Rs2,200 per 40kg in most areas of Punjab

Geopolitical jitters rattle investor confidence at PSX

India's forex, interest rate traders turn cautious on fears of possible escalation in tensions.

Crude burn—the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation—has long been a staple in Saudi Arabia’s energy mix. The kingdom burns significant volumes of oil to meet domestic electricity demand, which…

Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with the matter told Reuters.

Kazakhstan will prioritise national interests over those of the OPEC+ group when deciding on oil production levels, the country’s newly appointed Energy Minister Erlan Akkenzhenov told Reuters, ratcheting up the standoff with the group.

Energy – OPEC+ struggles While a risk-on move lifted most risk assets yesterday, oil was left behind thanks to OPEC+ discord. ICE Brent settled almost 2% lower on the day amid concerns about aggressive supply hikes from OPEC+. This comes after Kazakhstan…

Oil prices recovered some losses on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing U.S.-Iran nuclear talks.

Weakened expectations for global trade growth are set to weigh on oil exporters as demand flattens, the International Monetary Fund’s research director Pierre-Olivier Gourinchas said in Washington DC.

KARACHI – The Pakistan Meteorological Department (PMD) has predicted that most areas of Sindh, including Karachi, are likely to experience the heatwave conditions from Arpril 23 until April 30. During this period, temperatures may rise 6 to 8 degrees above…

KARACHI – Five doctors were injured after two groups of young medics engaged in a clash over reopening of OPD section at Jinnah Postgraduate Medical Centre (JPMC) in Karachi. Reports said one group of young doctors opened the OPD, while the other tried to…

WhatsApp has introduced a latest layer for privacy called “Advanced Chat Privacy” to ensure end-to-end encryption so that only the sender and recipient can see, listen to or share the messages. The tech firm has already built multiple layers of privacy, like…

Prime Minister Muhammad Shehbaz Sharif chaired a meeting of the National Security Committee (NSC), today. The participants discussed the national security environment and the regional situation, particularly in the wake of Pahalgam attack in the Anantnag…

KARACHI, Apr 24 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on

KARACHI, Apr 24 (APP):Two ships, Hyundai Hong Kong and Fortune Youngin carrying Container and Palm oil, berthed at Qasim International Container Terminal and

ISLAMABAD, Apr 24 (APP):The Rupee on Thursday depreciated by 10 paisa against the US Dollar in the interbank trading and closed at Rs 281.06 against the

ISLAMABAD, Apr 24 (APP):Imports of agriculture and other chemicals groups during the last 9 months of current financial year grew by 3.36 percent as compared