A Voice of the Unheard Tuesday, October 6, 2026
LAHORE: Rising military tension between the United States and Iran in the sixth month of the war in the Middle East has begun to disturb global energy markets once again, with crude oil prices climbing more than two per cent in international trading on Monday. Brent crude rose by $2.51, or 2.85 per cent, to...
LAHORE: Gold prices remained stable in both the international and local markets, with the domestic bullion trade recording no change over the session. According to the All Pakistan Sarafa Association, and under the influence of the international market, 24-karat gold in the country remained unchanged at Rs483,036 per tola, while the price of 10 grams...
LAHORE: The price of the dollar has declined in the interbank market. According to the State Bank, the dollar became cheaper by one paisa in the interbank market, closing at Rs277.50 after easing from Rs277.51. In the open market, the US dollar fell by six paisa to settle at Rs279.23. The euro in the open...
ISLAMABAD/LAHORE: The government has decided to abolish the 12 existing gas tariff slabs and impose a uniform price in their place. Under the plan, protected consumers will be shifted to an income-based subsidy, and their needs will be addressed through a targeted subsidy mechanism rather than through the slab structure. During the fourth review by...
ISLAMABAD/LAHORE: The Oil and Gas Regulatory Authority (OGRA) has announced a major reduction of up to 27.71 percent in the prices of liquefied natural gas, issuing a notification of the revised rates. According to the notification, the price of LNG for the Sui Northern system has been reduced by $6.81 per MMBTU, bringing the new...
ISLAMABAD/LAHORE: The federal government has decided to import one million metric tonnes of wheat in an effort to control prices, but flour has become more expensive nonetheless. Instead of falling, flour prices have risen further despite the import decision. While 11 items including tomatoes, chicken and onions became cheaper, documents from the Pakistan Bureau of...
LAHORE: Managing Director Parks and Horticulture Authority (PHA) Lahore Ahmad Usman Javed visited Dhongi Ground Gulberg and MM Alam Road, inspecting two new flower shops under construction on MM Alam Road, according to an official statement issued by the Authority. Director Coordination Farah Deeba accompanied him. The Managing Director was informed during a briefing that...
LAHORE: Supernet Technologies Limited (STL) is moving to strengthen its working-capital capacity as a growing pipeline of large technology and infrastructure projects pushes up funding requirements ahead of execution, according to an official statement issued by the company. The listed technology firm is undertaking an 85 percent rights issue priced at Rs10 per share to raise...
LAHORE: Master Changan Motors Limited (MCML) is bringing CHANGAN NEVO, the Chinese group’s mass-market new-energy brand, to Pakistan — and it is opening with an unusual pick: the NEVO Hunter, which the company says will be the country’s first and only range-extended electric (REEV) 4×4 pickup truck. Pricing, specifications and a launch window have not...