Business & Economy
Pakistan Business News
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PMA Arranges Alternative Buses as Lahore Metro Bus Suspension Looms
Lahore’s Metro Bus Service, which operates on the 27km Gajjumata-Shahdra route, is facing a potential suspension of operations from August 11. The private operator, Veda,…
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Gold Prices Surge to New Record, Nearing Rs500,000 Per Tola
Gold prices in Pakistan continued their upward trajectory, reaching Rs456,536 per tola for 24-karat gold on Saturday, August 8, 2026. This latest surge marks a…
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Petrol, Diesel Prices Reduced for Three Days
The government has announced a reduction in the prices of petrol and high-speed diesel (HSD), providing some relief to consumers. The price of petrol has…
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Petroleum Dealers Threaten Nationwide Strike, Call Emergency Meeting
The Pakistan Petroleum Dealers Association (PPDA) has threatened to call a nationwide strike, stating that a two-week deadline given to the government to address their…
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NEPRA Approves 75 Paisa Per Unit Electricity Price Hike for August Bills
The National Electric Power Regulatory Authority (NEPRA) has approved a Re 0.75 per unit increase in the price of electricity under the monthly Fuel Cost…
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Pakistani Rupee stable against US Dollar
The Pakistani Rupee has recently shown marginal appreciation against the US Dollar in the interbank market. On August 6, 2026, the value of the US…
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Privatisation Commission receives 12 bids for Faisalabad Electric Supply Company
The Privatisation Commission (PC) announced on Friday that it has received 12 expressions of interest (EOIs) for the privatisation of the Faisalabad Electric Supply Company…
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Weekly Inflation Rises 0.28% as Essential Goods Prices Increase
Weekly inflation in Pakistan increased by 0.28% for the week ending August 7, according to data released by the Pakistan Bureau of Statistics (PBS). The…
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Jamaat-e-Islami protest in Karachi causes major traffic jams
Jamaat-e-Islami (JI) organized protest rallies across Karachi on Friday to demonstrate against high petrol prices, resulting in significant traffic disruptions throughout the city. The protests…
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Transporters Begin Strike After Failed Talks With Government
The government has announced a reduction in the prices of petrol and high-speed diesel (HSD), with the new rates taking effect from August 7, 2026.…
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