Locked bailout: govt fuel scheme adds to hurdles? Pakistan and the IMF have been negotiating since early February on an agreement that would release $1.1 billion Updated 25 Mar, 2023 09:03pm
Print Ministry given six weeks to draft fuel relief package Petroleum Minister Musadik Malik says package is a pricing scheme and not a subsidy Updated 24 Mar, 2023 09:02am
Print Financing fuel subsidy: Rich to pay Rs100 more per litre: govt ISLAMABAD: The government will finance the fuel subsidy (discounted fuel) by charging Rs100 per litre more from the... Updated 23 Mar, 2023 09:31am
Print Petrol subsidy to bikers: two options under study ISLAMABAD: On an average consumption of 17.5 litres per month, the two options under consideration for petrol... Updated 21 Mar, 2023 08:58am
Print Fuel prices increased ISLAMABAD: The federal government Thursday allowed a substantial raise in the prices of petroleum products, ie, up ... Updated 16 Mar, 2023 09:59am
BR Research DGKC & MLCF: Fair warning Here is a direct quote from the financial reportof prominent cement player DG Khan Cement (PSX: DKGC) for the first... Published 03 Mar, 2023 08:51am
Print First half of March: Fuel prices may be kept unchanged by adjusting PL ISLAMABAD: The federal government may keep the prices of fuel unchanged in the first half of March (1-15) by... Updated 28 Feb, 2023 09:35am
Pakistan Pakistan finance secretary sees IMF staff level talks wrapping up this week IMF funds are critical for the $350 billion South Asian economy facing a severe balance of payments crisis Updated 22 Feb, 2023 03:37am
Opinion A great social and political upheaval is coming? There are two extremely discomforting economic phenomena unfolding simultaneously in Pakistan – one is dangerously... Published 20 Feb, 2023 06:26am
Markets India cuts windfall tax on crude, aviation turbine fuel and diesel BENGALURU: India has cut its windfall tax on crude oil and exports of aviation turbine fuel and diesel, according to... Published 16 Feb, 2023 10:41am
Pakistan IK says ‘mini-budget’ to fuel inflation LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Tuesday warned that after the passage of... Updated 16 Feb, 2023 06:31am
Editorials ‘Mini-budget’ revenue impact raised EDITORIAL: Informed sources have revealed exclusively to Business Recorder that the Ministry of Finance has ... Published 31 Jan, 2023 06:01am
Pakistan Ahsan holds Imran responsible for petrol price hike NAROWAL: Minister for Planning and Development Ahsan Iqbal has held former premier and Pakistan Tehreek-e-Insaf ... Published 30 Jan, 2023 06:25am
Opinion Hike in fuel prices A big rise in fuel prices was expected, it is highly disappointing nevertheless. Given a Rs 35 per litre hike in... Published 30 Jan, 2023 05:56am
Print IMF conditionalities: Govt raises fuel prices in a gesture of compliance ISLAMABAD: The government has announced to increase the prices of petroleum products by Rs 35 (petrol, diesel) and... Updated 30 Jan, 2023 09:27am
Print Imran Khan censures govt for ‘massive’ fuel hike LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Sunday strongly criticised... Updated 30 Jan, 2023 09:29am
Business & Finance Hike to fuel inflation: Tarin ISLAMABAD: Former finance minister and Pakistan Tehreek-e-Insaf (PTI) leader Shaukat Tarin said on Sunday that the... Updated 30 Jan, 2023 09:27am
Pakistan Ishaq Dar announces 35-rupee hike in prices of petrol and diesel Finance Minister says price-increase applicable from 11am today Price of petrol reaches Rs249.80 per litre, high speed diesel now at Rs262.80 Updated 29 Jan, 2023 03:34pm
Business & Finance POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum... Updated 25 Jan, 2023 08:56am
Print Policy rate hiked to 17pc to rein in soaring inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ... Updated 24 Jan, 2023 09:05am
Print Fuel prices kept unchanged amid speculation Government adjusts rates of petroleum levy (PL) with effect from today Updated 16 Jan, 2023 09:40am
Business & Finance Brazil retail sales post biggest drop in Nov SAO PAULO: Retail sales volumes in Brazil posted in November their biggest drop in five months, government ... Published 14 Jan, 2023 06:22am
Markets Asia’s spot fuel market steady to softer SINGAPORE: Asia’s spot fuel oil market was steady to softer on Wednesday on consistent supply arrivals, while... Published 05 Jan, 2023 05:58am
Business & Finance UK inflation slows, remains close to 11 percent LONDON: British inflation slowed more than expected in November but remained near the highest level in more than 40... Published 15 Dec, 2022 07:40am
Markets Asia spot fuel market eases on thin trade SINGAPORE: Asia’s spot fuel oil market eased further on Tuesday amid thin trade, while backwardation in the very... Published 14 Dec, 2022 05:57am
Business & Finance ‘The worst is yet to come’: the curse of high inflation NEW YORK: Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials... Published 09 Dec, 2022 05:58am
BR Research Inflation roundup There is no slowdown in inflation. The headline stood at 26.6 percent in October and the month-on-month increase is... Published 02 Nov, 2022 09:15am
Markets Biden, ‘outraged’ by oil company profits WASHINGTON: US President Joe Biden, who has expressed outrage at oil companies making record profits while Americans... Published 01 Nov, 2022 05:55am
Markets Rates of food items on the rise in Peshawar PESHAWAR: Prices of vegetables, live chicken/ meat, flour and other edibles remained on higher side in the local... Published 24 Oct, 2022 05:45am
Markets US could sell oil from emergency reserve this week WASHINGTON: The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel... Published 18 Oct, 2022 10:12am