Govt cuts petrol price by Rs1.70, raises high-speed diesel by Rs1.39 – Business

The government on Tuesday reduced the price of petrol by Rs1.70 and increased the price of high-speed diesel (HSD) by Rs1.39 per litre. Following the revision, petrol will retail at Rs325.92 per litre while HSD will cost Rs382.25 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and […]

India probes flight plunge as pilot faces drug test scrutiny – World

Indian investigators are examining evidence linked to an Air India flight that plunged sharply mid-air last week, authorities said on Tuesday, as local media reported the pilot had tested positive for marijuana. The Airbus A320 carrying 137 passengers and eight crew members lost about 300 feet (91 metres) of altitude shortly after departing from Thailand’s […]

Federal debt hits Rs83.6tr

SLOW PACE: The government’s external debt rose from Rs23.4 trillion to Rs24.2 trillion – a jump of Rs783 billion – which was lower than previous trends due to the appreciation of the rupee against the US dollar in the last fiscal year. PHOTO:FILE ISLAMABAD: The federal government’s debt, excluding loans from the International Monetary Fund […]

PSX dips 1,464 points on oil jitters

KARACHI: Pakistan Stock Exchange (PSX) extended losses for the second straight session on Tuesday as the benchmark KSE-100 index dipped 1,464 points, or 0.81%, in the backdrop of a sharp rise in oil prices and fading hopes of a US-Iran deal on reopening the Strait of Hormuz. Selling pressure dragged the index below the 180,000 […]

Skip to content