Dozens of excavators operate day and night to extract gold from the mountains where villagers and their livestock once roamed. In Afghanistan’s northeastern Badakhshan province, dozens of excavators operate day and night to extract gold from the mountains where villagers and their livestock once roamed. Thousands of miners are deployed across the Shiwa area, about…
LAHORE: Jamaat-i-Islami Pakistan (JI) has decided to intensify its campaign against the petroleum levy and inflation, announcing simultaneous sit-ins in all four provincial capitals on August 16 to press the government to withdraw the levy. The decision was taken after extensive deliberations at a special meeting of JI’s central and provincial office-bearers, chaired by party…
The government on Wednesday announced a reduction of Rs per litre in the price of petrol and Rs per litre in the price of high-speed diesel (HSD). Following the revision, petrol will retail at Rs333.01 per litre, while HSD will cost Rs383.86 per litre. The government continues to levy Rs110 per litre in taxes and…
ISLAMABAD: Following demands from petroleum dealers, the State Bank of Pakistan (SBP) has capped bank charges on sales of petroleum products through digital payment methods — including debit and credit cards and online transfers — to minimise the financial burden on fuel stations and promote digital inclusion. Under the decision, merchant discount rates (MDR) for…
16m ago U.S. commander warns troops not to share video of strikes on bases, says it could be helping Iran U.S. troops across the Middle East have been warned that cellphone videos they share online could help Iran target American bases, the Reuters news agency reported Wednesday. Admiral Brad Cooper, overall commander of U.S….
The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
The U.S. and Saudi militaries launched airstrikes late Tuesday on Iranian-backed groups in Iraq, U.S. Central Command said, after Iran and its proxies allegedly targeted American forces over the last few days. The strikes could pose a challenge to a five-day lull in U.S. attacks on Iran, as President Trump says he wants to give…
Oil prices tumbled on Monday amid a pause in fighting between the U.S. and Iran, with U.S. Ambassador to the United Nations Mike Waltz saying Sunday on “Face the Nation with Margaret Brennan” that the break is aimed at “giving diplomacy some space.” Brent crude, the international benchmark, fell $6.35, or 6.6%, to $90.41 a barrel, while…
The government on Saturday kept the prices of petrol and high-speed diesel unchanged for July 26 and 27 due to the non-publication of “Platts prices on weekends”. A day earlier, the prices of petrol and high-speed diesel (HSD) were increased by Rs3.66 and Rs4.80 per litre, respectively. The current price of petrol stands at Rs335.18…
