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Saudi Arabia announces $3bn additional support to Pakistan, extends $5bn deposit
BusinessTop NewsSaudi Arabia announces $3bn additional support to Pakistan, extends $5bn depositBy Web Desk-Apr 15, 2026ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the Saudi Arabia has committed an additional $3 billion in deposits for Pakistan, with disbursement expected in the coming week, according to a statement issued by the Finance Ministry on Wednesday. He further stated that the existing $5 billion Saudi deposit would no longer rema...
Oil prices fall for a second day on expectations US-Iran talks may resume
BusinessInternationalOil prices fall for a second day on expectations US-Iran talks may resumeBy Reuters -Apr 15, 2026Oil prices fell for a second day on Wednesday on expectations peace talks between the U.S. and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz. Brent crude futures fell 52 cents, or 0.55%, to $94.27 a barrel at 0054 GMT after falling 4.6% in the previous session. U.S. West Texas Intermediate...
Rs750 prize bond draw results announced
Rs750 prize bond draw results announcedBy Web Desk-Apr 15, 2026QUETTA: The National Savings Center has announced the results of the Rs750 prize bond draw held on April 15, 2026. The Rs 750 prize bond draw was held in Quetta on Wednesday, today, under the Draw No. 106. The Central Directorate of National Savings manages prize bonds, which remain one of the country’s widely used savings instruments, offering investors periodic cash prizes. Prizes of Rs 750 prize bond draw 1st Prize: Rs1,500,000 (...
War is over for Wall Street, while oil drags down bonds and gold
BusinessInternationalWar is over for Wall Street, while oil drags down bonds and goldBy Reuters -Apr 15, 2026As the conflict in the Middle East edges towards its eighth week, financial markets are starting to diverge. US stocks have wiped out all the losses incurred since the start of the war, but oil prices are still punishingly high, dragging on both government bonds and gold. There are dramatic disparities in emerging markets too. Brazilian markets have surged and China’s have seen healthy...
Silver Rate in Pakistan Today- April 15, 2026
BusinessPakistanSilver Rate in Pakistan Today- April 15, 2026By Web Desk-Apr 15, 2026Karachi, April 15, 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...
Norway oil exports hit record high on Iran war
BusinessInternationalNorway oil exports hit record high on Iran warBy AFP -Apr 15, 2026OSLO, Norway: Norway’s crude oil exports hit a record high in March as the war in Iran and closure of the crucial Strait of Hormuz shipping lane drove up oil prices, Statistics Norway said Wednesday. The Scandinavian country is the largest producer of oil and natural gas in Europe excluding Russia. Around a fifth of global crude oil and liquefied natural gas (LNG) passes through the Strait of Hormuz in peaceti...
SHC hears petition of retailers seeking milk price hike
PakistanSHC hears petition of retailers seeking milk price hikeBy Web Desk-Apr 15, 2026KARACHI: The Sindh High Court (SHC) on Wednesday heard a petition of milkmen seeking increase in profit of retailers. Government lawyer pleaded to the bench for time to submit reply. Petitioner’s lawyer said that Commissioner Karachi has legal authority to determine the milk price. “Milk shops being sealed in the name of sanitary issues”. The lawyer pleaded to court to restrain authorities from action against...
Power division issues statement on electricity crisis in Pakistan
BusinessPakistanPower division issues statement on electricity crisis in PakistanBy Web Desk-Apr 15, 2026ISLAMABAD: The Power Division has issued a statement addressing the ongoing electricity shortfall across Pakistan, attributing the situation to a decline in hydropower generation. According to officials, load management has been intensified after hydel production dropped by 1,991 megawatts overnight. During peak hours last night, the electricity shortfall reached 4,500 megawatts, with total d...
Gold prices today in Pakistan — April 15, 2026
BusinessGold prices today in Pakistan — April 15, 2026By Web Desk-Apr 15, 2026KARACHI: Gold prices in Pakistan rose on Wednesday, April 15, 2026, in line with trends in the global bullion market amid geopolitical developments. In the local market, the price of 24-karat gold per tola increased by Rs 3,500, settling at Rs 503,462 compared to Rs 499,962 on the previous trading day, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams...
Iranian Rial to Pakistani Rupee Rate Today- April 15, 2026
BusinessMust ReadIranian Rial to Pakistani Rupee Rate Today- April 15, 2026By Web Desk-Apr 15, 2026As of April 15, 2026, the authentic mid-market exchange rate stands at 1 Iranian Rial (IRR) ≈ 0.000212 PKR. This figure is based on reliable local and global sources around 09:30 UTC / approx. 02:30 PKT). While the Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions, it has exhibited notable localized appreciation in Pakistan’s open currenc...
FinMin welcomes IMF mission’s expected visit next month for budget, tax talks
PakistanFinMin welcomes IMF mission’s expected visit next month for budget, tax talksBy Web Desk-Apr 15, 2026ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb on Wednesday welcomed the expected visit of an International Monetary Fund (IMF) mission next month for budget discussions, including key deliberations on taxation. The finance minister held a meeting with Dan Katz, First Deputy Managing Director of the IMF, on the sidelines of the World Bank–IMF Spring Meetings 2026, where discussion...
Pakistan to further ‘slash’ development budget to fund petrol subsidy
BusinessMust ReadPakistan to further 'slash' development budget to fund petrol subsidyBy Shoaib Nizami-Apr 15, 2026The Pakistan government has decided to create additional fiscal space for a petrol subsidy by further reducing the federal development budget, ARY News reported on Wednesday, citing sources. As per details shared with ARY News by sources familiar with the development an additional Rs63 billion cut has been approved, bringing the total reduction in the federal development b...
Middle East conflict sparked major supply shock, says Bank of England boss
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International Monetary Fund predicts rise in global inflation, downgrades global growth outlook
The International Monetary Fund has cut its forecast for global growth, predicting a rise in global inflation and warning that the war with Iran is pushing growth lower compared to 2025. Medora Lee, money and personal finance reporter for USA Today, joins CBS News to discuss.
Bond Market Veteran Bassman Sues ETF Manager Over Compensation
Harley Bassman, who invented a widely-followed gauge of Treasury-market volatility and later developed exchange-traded funds for Simplify Asset Management, is suing the firm for allegedly stiffing him of millions of dollars in compensation.
Major UK car seller to shut down within days – more than 50 years in business
Major UK car seller to shut down within days – more than 50 years in businessLondon-based car dealership Cargiant will close for good on April 24 after its owners were unable to find a buyer for the business, which was once massively profitableCommentsNewsEthan Blackshaw Deputy Publishing Lead and Toby Codd19:52, 14 Apr 2026View 2 ImagesCargiant is set to close down later this month (stock)(Image: Artur Debat via Getty Images)A British car dealership is set to close within days - it was once the...
Public transportation prices hit absurd levels for World Cup games: report
As if World Cup tickets weren't costly enough, getting to those games is slated to cost plenty more than usual.NJ Transit tickets from MetLife Stadium to New York Penn Station after matches are reportedly set to cost more than $100, while prices in Boston are also set to surge.Currently, prices from East Rutherford to Penn Station are just under $13.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMThe Athletic also reported that there will be no price differences for seniors, children or passen...
EuroMillions winning numbers live: Lottery results for April 14 with £100m jackpot
NewsUK NewsEuromillionsLIVEUpdated 6 mins agoEuroMillions winning numbers live: Lottery results for April 14 with £100m jackpotThe EuroMillions jackpot stands at a staggering £100m for Tuesday's draw - you could scoop that massive lottery prize by matching all five main numbers and the two lucky starsYou could win £100m in the EuroMillions tonight! (stock)(Image: AFP via Getty Images)CommentsNewsZahra Khaliq News ReporterOne lucky British EuroMillions player could win a staggering £100m in...
Morocco Among Few Nations Shielded From US. World Cup Tax Burden
Rabat – The 2026 World Cup will give every qualified team the same prize money from FIFA, but not every federation will keep the same amount. The difference comes down to taxes. FIFA has not secured a full tax exemption from the United States for all 48 participating nations, meaning teams playing matches on American soil could face federal, state, and city taxes on tournament‑related income. That creates a divide between countries that have a double‑taxation treaty with the US. and those...
Supreme Court closes Sandesara fraud case after Rs 5,000 crore settlement
Supreme Court closes Sandesara fraud case after Rs crore settlement