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Fitch affirms Pakistan’s ‘B’ rating with stable outlook, cites improving economic stability
ISLAMABAD: Global credit rating agency Fitch Ratings has affirmed Pakistan’s sovereign rating at ‘B’ with a stable outlook, highlighting signs of improving financial discipline and macroeconomic stability. In its latest assessment, Fitch stated that maintaining the rating reflects better fiscal management and gradual economic stabilization, supported by ongoing reforms under the International Monetary Fund (IMF) programme. The agency noted that Pakistan is likely to receive a $1.2 billion tranch...
China, the Iran war and the chemical suddenly stoking global supply fears
China’s reported decision to halt sulphuric acid exports, together with the failure of peace talks between the United States and Iran over the weekend, risks driving prices higher and disrupting global mining and fertiliser supply chains that have few readily available alternatives. Beijing had indicated it would halt shipments of sulphuric acid from May, according to reports from Acuity Commodities and Bloomberg, though no official announcement has been made. Economists said food security sat.....
UAE exporters stay confident on growth even as risks evolve
Dubai: Companies across the UAE and global markets continue to expect export growth in 2026, even as the Middle East conflict reshapes financial conditions and risk dynamics across global trade.Sign up for our daily business newsletter, Cheques & Balances.The latest Allianz Trade Global Survey, which covered 6,000 firms across 13 markets during February and March, shows that more than seven in ten companies remain optimistic about export performance this year. That resilience reflects steady dem...
You can earn in lakhs selling feet photos, but is it legal in India?
You can earn in lakhs selling feet photos but is it legal in India
Several FBR officials fail to declare assets
ISLAMABAD: It has been revealed that several officials of the Federal Board of Revenue (FBR) have failed to declare their assets, a key requirement under reforms agreed with the International Monetary Fund (IMF). According to official sources, the FBR has completed scrutiny of asset declarations, which uncovered that a number of officers did not comply with the requirement to submit details of their assets and liabilities. The tax authority has issued a formal communication to all members, chief...
Oil jumps as Hormuz blockade plan rattles markets, stocks fall
Dubai: Oil prices climbed at the start of the week while global equities and bonds came under pressure, after the US confirmed plans to impose a blockade around Iranian ports, raising concerns over energy supply and market stability.Sign up for our daily business newsletter, Cheques & Balances.Brent crude rose around 7% to just under $102 a barrel, reflecting fears that tighter controls around the Strait of Hormuz could disrupt flows through one of the world’s most critical energy corridors. The...
Martin Lewis says you can cut cost of petrol or diesel by almost a third
Martin Lewis says you can cut cost of petrol or diesel by almost a thirdPrices continue to rise at the pump thanks to the war in IranCommentsMoneyNeil Shaw Assistant Editor (Money and Lifestyle)08:36, 13 Apr 2026View 3 ImagesMartin Lewis has advice on driving costsMoney Saving Expert Martin Lewis has explained how to cut the cost of your driving by up to 30 per cent. Most drivers assume cutting petrol or diesel costs means driving less, but personal finance expert Martin Lewis says small changes...
Silver Rate in Pakistan Today- Chandi Ki Qeemat- April 13, 2026
Karachi, April 13, 2026 – Silver prices in Pakistan have maintained firm upward momentum today, with the chandi ka rate at Rs. 9,002 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates stand at Rs. 7,716 per 10 grams and Rs. 771.6 per gram, supported by international s...
Oil price tops $100 a barrel after US-Iran talks fail and Trump orders strait of Hormuz blockade
US Navy to impose blockade today in bid to choke off flow of Iranian oil Explainer: strait of Hormuz blockadeBusiness live – latest updatesOil prices have jumped back above $100 a barrel after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the strait of Hormuz.The US president announced the blockade on Sunday, targeting Iranian vessels and ships that have paid a toll to Iran for passage through the strait, in an attempt to choke off the fl...
Buying an EV in Karnataka? New tax laws could make your electric car costlier
Karnataka has officially ended the tax-free status for budget electric vehicles. Under the Karnataka Motor Vehicles Taxation (Amendment) Act, all electric four-wheelers will now attract a lifetime tax based on their cost.
Buying LPG From The Black Market? You Could Be Breaking The Law
Buying LPG From The Black Market You Could Be Breaking The Law
UAE Dirham to Pakistani Rupee Rate Today- April 13, 2026
Dubai / Karachi, April 13, 2026 – The UAE Dirham (AED) is trading at 76.06 Pakistani Rupees in the open market today, showing a very minor movement from recent levels. The pair continues to hover comfortably within the narrow 76.00–76.50 PKR range that has been the dominant trading zone for the past several months, offering the kind of predictability that Pakistani expatriates and their families have come to rely on. The Dirham’s reliable performance stems from its fixed peg to the US Dollar at...
Cost of crude oil races higher as Donald Trump pledges to block Iranian ports
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Aussie state considers building its own fuel reserves - and it won't share it with anyone else
Aussie state considers building its own fuel reserves - and it won't share it with anyone elseWA looks to build own fuel reservesQueensland pushes to reopen oil fields By NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA and AARON BUNCH FOR AAP Published: 08:04, 13 April 2026 | Updated: 08:05, 13 April 2026 e-mail View comments
Brits brace for more misery as oil prices jump back over $100 after Iran talks collapse… with Starmer refusing to join Trump's 'blockade' of Strait of Hormuz
Brits brace for more misery as oil prices jump back over $100 after Iran talks collapse… with Starmer refusing to join Trump's 'blockade' of Strait of HormuzBy JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 07:58, 13 April 2026 | Updated: 08:05, 13 April 2026 e-mail 5 View comments
Banking in style: OCBC Hong Kong blends finance and lifestyle
[The content of this article has been produced by our advertising partner.] Walk into a bank and you will probably hear the tapping of keyboards and see smartly dressed staff. Now, you may also catch the scent of Singapore’s renowned pandan cake. It is an unusual combination – but you are not mistaken. You have arrived at OCBC Hong Kong’s new branch in Central. In an era when banking is increasingly conducted on smartphones and laptops, physical branches might feel like relics of the past. Yet.....
Dubai real estate continues to soar with transactions totaling AED4 billion - Emirates 24|7
Dubai real estate continues to soar with transactions totaling AED4 billion Emirates 24|7
Dubai’s strategic response to global economic challenges: Turning crisis into sustainable growth opportunities - Emirates 24|7
Dubai’s strategic response to global economic challenges: Turning crisis into sustainable growth opportunities Emirates 24|7
Emirates Development Bank injects AED 20 million a day to support UAE businesses - Emirates 24|7
Emirates Development Bank injects AED 20 million a day to support UAE businesses Emirates 24|7
5 new jobs and professions that define the future trends in Dubai - Emirates 24|7
5 new jobs and professions that define the future trends in Dubai Emirates 24|7