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Sanaullah says petrol prices increased as a consequence of Middle East war, govt has ‘nothing to do with it’
Prime Minister’s Adviser on Political Affairs Rana Sanaullah on Friday said that the prices of petroleum products had increased due to the ongoing war in the Middle East, adding that the government “has nothing to do with it”. His remarks come a day after an unprecedented increase of 43 per cent and...
How to watch Texas vs. UCLA women's basketball: Semifinals TV channel and streaming options for April 3
Two streaking teams square off when the No. 3 Texas Longhorns (35-3) visit the No. 2 UCLA Bruins (35-1) on Friday, April 3, 2026 at 9:30 p.m. ET. The Longhorns will put their 12-game win streak on the line against the Bruins, winners of 29 straight.How to watch Texas Longhorns vs. UCLA Bruins Venue: Mortgage Matchup Center Time: 9:30 p.m. ET Streaming: Fubo (Stream now) TV: ESPN Watching in person? Get tickets on StubHub. Texas vs. UCLA odds Spread: Texas -1.5 (-117), UCLA +1.5 (-104) Favorite M...
Centre, provinces close ranks on targeted relief
In a rare display of coordinated fiscal firefighting, the Centre and provinces have moved in lockstep to roll out a sweeping targeted subsidy regime, shifting from blanket relief to precision support, as the country grapples with a steep fuel price shock driven by global turmoil. With petrol surging to Rs458.40 per litre and high-speed diesel to Rs520.35, the federal government, after consultations with provincial leadership, has offloaded the execution of relief onto provinces, which will...
Pakistan set to repay entire $3.5b UAE loan
Pakistan has decided to return the $3.5 billion debt of the United Arab Emirates (UAE) this month, a senior cabinet minister said in a background briefing on Friday, ending speculations about the fate of the debt that Abu Dhabi had started rolling over only for a month. The political leadership has decided to pay back the entire UAE debt, said one of the senior cabinet ministers while briefing the anchorpersons in his office. Out of the $3.5 billion, $450 million loan had been taken in 19...
Govt takes sting out of fuel price surge
In a surprise announcement, Prime Minister Shehbaz Sharif on Friday ordered an immediate Rs80 per litre reduction in the petroleum levy, bringing petrol prices down from Rs458 to Rs378 per litre for one month, alongside a wide-ranging relief package that includes targeted subsidies for transport, farmers and low-income consumers amid soaring global oil prices. The new price would take effect at 12am on Saturday. Unveiling the package, the prime minister said the move was aimed at shieldin...
BD cuts working hours to save energy
Bangladesh has launched fresh measures to curb energy consumption, cutting office hours and trimming public spending as conflict in the Middle East disrupts global fuel markets and strains power supply in the South Asian nation. Officials said the steps approved by the cabinet aim to stabilise the energy situation in Bangladesh, heavily dependent on fuel imports and battered by price volatility and supply uncertainty from the US?Israeli war with Iran. Under the new rules, government offic...
Russia almost completed transition to national currencies in payments to CIS, China
Deputy Prime Minister Alexey Overchuk said the issue of creating a system of payments and settlements not depending on the banking service and currencies of Western countries is the critical area of Eurasian cooperation
Restoration of EGA aluminum smelter in UAE after Iranian attack may take up to 12 months
The Al Taweelah complex, which includes a smelter, power plant, and alumina production and processing plants, was completely evacuated, and operations were urgently halted
Mystery London Lotto winner loses £10m jackpot after missing deadline
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The petrol crisis that could electrify Pakistan
The impact of the ongoing US-Iran war on ordinary Pakistani households and business is already being felt. With petrol at Rs458 per litre and diesel at over Rs520, citizens are going to be facing real challenges once more. For a country that only recently suffered inflation rates that peaked at 40 p...
What now? Investors talk strategy after Trump offers no indication of Iran cooldown
FORSUBSCRIBERSMarketsWhat now? Investors talk strategy after Trump offers no indication of Iran cooldownSell and wait or buy and hope? Some institutional investors are advising their clients to be patient in hopes of a clearer way forward.Listen to this article00:0000:00A trader works on the floor of the New York Stock Exchange on April 2, 2026. Charly Triballeau / AFP via Getty ImagesShareAdd NBC News to GoogleApril 3, 2026, 1:00 PM EDTBy Rob WileStay invested — but start lowering your expectat...
What now? Investors talk strategy after Trump offers no indication of Iran cooldown
FORSUBSCRIBERSMarketsWhat now? Investors talk strategy after Trump offers no indication of Iran cooldownSell and wait or buy and hope? Some institutional investors are advising their clients to be patient in hopes of a clearer way forward.Listen to this article00:0000:00A trader works on the floor of the New York Stock Exchange on April 2, 2026. Charly Triballeau / AFP via Getty ImagesShareAdd NBC News to GoogleApril 3, 2026, 1:00 PM EDTBy Rob WileStay invested — but start lowering your expectat...
Is a HELOC or a home equity loan the better option this April?
MoneyWatch: Managing Your Money Is a HELOC or a home equity loan the better option this April? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes...
Jeffries: ‘What Trump has done is decimate the bank accounts of the American people’
House Minority Leader Hakeem Jeffries blasted President Trump at a Democratic National Committee briefing, saying his policies have hurt Americans’ wallets and livelihoods. “Donald Trump has not managed to liberate the economy,” Jeffries said. “What Donald Trump has done is decimate the bank accounts of the American people.” Democratic lawmakers and DNC leaders held a…
Price of popular Easter chocolate treat jumps 15 times faster than inflation
EXCLUSIVE: Price of popular Easter chocolate treat jumps 15 times faster than inflationResearch has shown that the cost of chocolate goodies - and other Easter food - has soared in price in the past year in yet another blow to hard-pressed family budgetsMoneyGraham Hiscott Business and Consumer Editor17:54, 03 Apr 2026Updated 17:56, 03 Apr 2026This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn moreView 3 ImagesThe cost of an Easter egg hun...
Opposition slams fuel price surge
Opposition parties including the PTI and the JI on Friday reacted sharply to the latest "unjustified" hike in petroleum prices. The former announced holding an all-parties conference (APC) and the latter threatened to launch a street movement. The government on Thursday increased the petrol price by Rs137 per litre, or 43%, to a historic high of Rs458.4 after Prime Minister Shehbaz Sharif decided to impose more taxes on consumers due to a fuel crisis amid a war in the Persian Gul...
Fuel hike may trigger power tariff rise
Federal Minister for Power Awais Leghari has indicated a possible increase in electricity prices following the recent surge in petroleum rates. According to the minister, consultations are underway to introduce energy-saving measures, including revised market timings. In a statement posted on social media platform X on Friday, the minister said the ongoing energy crisis is not limited to oil but also affects gas and furnace oil supplies, which could in turn impact electricity tariffs. He...
PM freezes Pakistan Railways fares
On Friday, Prime Minister Shehbaz Sharif granted major relief to railway passengers by directing Pakistan Railways to freeze fares despite rising diesel costs. The government will shoulder an additional Rs6 billion until June 30 to keep travel affordable and freight charges stable. According to a PR spokesman, the government chose to absorb the impact of rising diesel prices itself "after a 30 percent fare hike was deemed unavoidable to meet operational expenses". The prime mini...
Govt holds back increase in toll tax
The federal government has scrapped a proposed quarterly increase in toll taxes on roads, stepping back from a decision that risked compounding financial strain on motorists already grappling with high fuel costs and inflationary pressure across the country. The move was formalised after Communications Minister Aleem Khan, while acting on the directives of Prime Minister Shehbaz Sharif, instructed the National Highway Authority (NHA) to withdraw its April 1 notification, which had schedule...
US defense spending would rise $445bn under Trump budget plan, with steep cuts elsewhere
Democrats rebuke White House’s ‘bleak and unacceptable’ view of priorities after 10% cuts proposed to other programsUS politics live – latest updatesSign up for the Breaking News US newsletter emailDefense spending would surge to its highest level in decades under a budget proposal put forward by the Trump administration on Friday, while other government programs would face cuts totaling 10%.The document prepared by the White House office of management and budget (OMB) is a starting point for ne...