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Iranian rial worth billions seized in major Karachi operation
Must ReadPakistanIranian rial worth billions seized in major Karachi operationBy Web Desk-Apr 14, 2026KARACHI: Authorities have foiled a major attempt to smuggle billions of Iranian rials into Karachi and arrested nine members of an inter-provincial gang, including women. According to Senior Superintendent of Police (SSP) Keamari Malik Sanghar, the group was attempting to smuggle approximately 29.69 billion Iranian rials into the city. He said the suspects had concealed the currency inside the t...
Govt hints at Rs1.5 per unit increase in electricity prices
ISLAMABAD: The federal government has indicated a possible increase of around Rs1.5 per unit in electricity prices as Pakistan faces the economic impact of ongoing turmoil in the Middle East. The government has also announced approximately 2.25 hours of daily electricity loadshedding across the country as part of a “peak relief strategy” aimed at preventing a steeper increase of up to Rs6 per unit in power tariffs. Officials said that while efforts are being made to limit the use of expensive fu...
Has Pakistan’s designer lawn bubble finally burst?
Nearly three decades ago, lawn mania took over Pakistan. It was recognised as a natural progression of fashion, with lawn — a pedestrian fabric and a summer essential — being reimagined, fine-tuned and metamorphosing into affordable designer-wear. Designer lawn surfaced and it was comfortable, glamorous and even edgy at times. The economy was changing and this made sense. Internationally, Armani had diffused to Armani Exchange and Alexander McQueen to McQ, and young guns such as Zara and H&M...
LVMH Misses Estimates; Kering, Hermes Set to Report
Luxury goods firm LVMH reported first-quarter organic revenue that missed consensus estimates, driven by the underperformance of its key fashion and leather goods division. Kering and Hermès are also due to report this week, as Bloomberg Opinion's Andrea Felsted explains. Her views are her own. (Source: Bloomberg)
Where are gold prices headed amid US-Iran peace talks failure? Check outlook for today
Gold price prediction today: Gold prices may trade range-bound with a bearish bias as a breakthrough in US-Iran peace talks remains elusive, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Honouring his fearless stand: Iran backs Pope Leo after Trump criticism
Honouring his fearless stand Iran backs Pope Leo after Trump criticism
Defence Savings Certificate- New Profit Rates, April 2026
BusinessMust ReadDefence Savings Certificate- New Profit Rates, April 2026By Web Desk-Apr 14, 2026ISLAMABAD: The National Savings has issued new profit rates for Defense Saving Certificates of various denominations. The financial institution has fixed the profit rate at 11.44 percent. The following are the profits that a person can earn on investment of Rs 100,000 until 10 years maturity: First Year: Rs107,000 Second Year: Rs115,000 Third Year: Rs124,000 Fourth Year: Rs135,000 Fifth Year: Rs148,...
More than 300 council employees take home more pay than the Prime Minister
More than 300 council employees take home more pay than the Prime Minister4,733 council employees are now being paid more than £100,000CommentsNewsNeil Shaw Assistant Editor (Money and Lifestyle)07:30, 14 Apr 2026View 2 ImagesPrime Minister Keir Starmer addresses the Labour Conference More than 300 local council employees earned more than the Prime Minister over the last year, an analysis has found. Some 320 council workers across the UK received more than Sir Keir Starmer’s £172,153 official sa...
Vijay might do a film for Jana Nayagan makers to offset losses amid leak, delay
Vijay might do a film for Jana Nayagan makers to offset losses amid leak delay
Asia's Richest Families: ये हैं एशिया के 10 सबसे अमीर घराने, नंबर-1 पर इंडियन फैमिली
Asias Richest Families
Gold rises over 1% as easing oil prices temper inflation worries
Gold rose more than 1% on Tuesday, recovering from a near one-week low hit in the previous session, ‌as hopes of a resolution to the war in Iran weighed on the dollar and eased inflation concerns as oil prices eased. Spot gold was up 1.1% at $4,788.76 per ounce as of 0921 GMT. US gold futures for June delivery rose 1% to $4,812.80. Following international market trends, gold prices increased in Pakistan after a two-day break, while silver also became more expensive. Following the upwar...
FTSE 100 Live 14 April: Oil price still near $100, index seen higher
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Middle East war revs up electric car demand in Asia
Electric vehicle sales have jumped in Southeast Asia as cost-conscious buyers have poured into dealerships looking to dodge the fuel price spikes driven by the Middle East war. Asian nations have been particularly hard hit due to a sharp fall in the crude shipments they rely on — and have few alternatives to replace them. Yet the energy crisis has been a windfall for Vietnam’s leading electric vehicle (EV) maker VinFast as well as Chinese manufacturers. Vietnamese office worker Do Thi Lan explai...
PSX recovers over 4,000 points during intraday trade
The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 recovered over 4,000 points during intraday trade on Tuesday. The KSE-100 index surged by 4,132.44 points, or 2.57 per cent, to stand at 164,723.77 at 11:04am, from the previous close of 160,591.33 points. A day ago, the market shed 6,600 points in a turbulent session, as fears of supply disruptions returned after inconclusive Iran-US peace talks, triggering panic-selling at the PSX. However, another roun...
Dollar and Other Currency Rates in Pakistan Today- April 14, 2026
BusinessPakistanDollar and Other Currency Rates in Pakistan Today- April 14, 2026By Web Desk-Apr 14, 2026Karachi, April 14, 2026 – The State Bank of Pakistan (SBP) has published its latest Mark-to-Market (M2M) currency rates for authorized dealers, providing updated reference rates for foreign currency transactions against the Pakistani Rupee (PKR). Pakistan Currency Rates- Latest Updates Here’s a comprehensive breakdown of today’s key currency rates for traders, importers, exporters, and remitt...
Loadshedding hours announced in Pakistan to ‘curtail price hike’
ISLAMABAD: The federal government has decided to enforce around 2.15 hours of daily electricity loadshedding across Pakistan as part of a “peak relief strategy” aimed at preventing a potential increase of up to Rs6 per unit in power tariffs. In an official statement, the Power Division said that despite challenging global conditions, electricity generation in the country remains stable and sufficient to meet overall demand. It said, however, the main challenge arises during peak hours—from 5pm t...
Aurangzeb says all options on table to replace UAE’s $3.5bn funding, weighs strategic fuel reserve
Pakistan is considering Eurobonds, loans from other countries and commercial debt to replace a $3.5 billion facility from the United Arab Emirates (UAE) and manage its foreign reserves, Finance Minister Muhammad Aurangzeb said. Aurangzeb also told Reuters the shock from the ongoing war in the Middle East meant that Pakistan must consider a strategic petroleum reserve and a faster switch to renewable energy. “All options are on the table,” Aurangzeb said when asked if the government was in talks...
Homeowners once again in the firing line as RBA warns of the 'nightmare' scenario Australia is currently facing
Homeowners once again in the firing line as RBA warns of the 'nightmare' scenario Australia is currently facingREAD MORE: Bleak recession warning every Aussie needs to read By SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 06:46, 14 April 2026 | Updated: 06:51, 14 April 2026 e-mail View comments
Asia’s stock markets surge, oil falls on hopes for US-Iran talks
Relief for global markets comes after Trump says Iranian officials are keen on a deal.
China exports stumble, imports surge amid Iran war; US shipments down 26.5%
China's export growth significantly decelerated to 2.5% in March, falling short of expectations and marking the weakest performance in six months. This slowdown is attributed to rising global energy costs and supply disruptions stemming from the Middle East conflict. Conversely, imports surged by 27.8%, indicating robust domestic demand despite geopolitical uncertainties.