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Pakistan Is Looking at ‘All Options’ to Pay Back UAE Loan
Pakistan is considering financing from both countries and banks as options to repay a $3 billion loan from the United Arab Emirates and help maintain foreign-exchange reserve levels amid soaring oil prices, Finance Minister Muhammad Aurangzeb said.
IBM pays $17M fine to end DOJ suit over DEI programs
IBM entered into a $17 million settlement agreement on Friday with the U.S. DOJ over allegations that it engaged in “illegal DEI practices” by taking into account “race, color, national origin, or sex” in its hiring and promotions. The DOJ also alleged that IBM used funds from its government contract for DEI programs and then sought reimbursement. IBM denied any wrongdoing, and the settlement is not an admission of liability nor a concession that the DoJ’s claims were without merit. “IBM is plea...
In meeting with WB vice president, Aurangzeb calls for enhanced technical support for debt management
Finance Minister Muhammad Aurangzeb called for “enhanced technical support, advanced analytical tools, and specialised training for Pakistan’s Debt Management Office” in his meeting with the World Bank Vice President Jorge Familiar Calderon in Washington on Monday, the Ministry of Finance said. Aurangzeb arrived in Washington earlier on Monday to represent Pakistan in the International Monetary Fund (IMF) and the World Bank Group Spring Meetings 2026. He is expected to participate in more than 5...
DARREN LEWIS: 'It is often a choice between heating or eating in this cost-of-living crisis'
DARREN LEWIS: 'It is often a choice between heating or eating in this cost-of-living crisis'In the government’s latest bid to impose healthy eating on our nation’s kids, under new proposals, fruit will replace “sugar-laden treats” for the majority of the school weekCommentsNewsopinionDarren Lewis Mirror Columnist20:03, 13 Apr 2026View 3 ImagesJamie launched his Feed Me Better campaign in 2005. It was shown, 10 years later, to have significantly improved our children’s test results an...
Etihad Town Hands Over Etihad Business District Sialkot in Record Time, Announces Executive Block Expansion
AdvertorialEtihad Town Hands Over Etihad Business District Sialkot in Record Time, Announces Executive Block ExpansionBy Web Desk-Apr 14, 2026Pakistan’s most trustworthy real estate brand Etihad Town, marked another significant milestone with the grand possession event of its highly anticipated project, the Etihad Business District Sialkot, further solidifying its reputation. The event celebrated the early delivery of the Etihad Business District Sialkot, with possession being granted to valued...
Pakistan continues to receive petrol, LPG cargo vessels
BusinessPakistanPakistan continues to receive petrol, LPG cargo vesselsBy Web Desk-Apr 14, 2026KARACHI: The steady arrival of petrol and LPG cargo vessels continues in Pakistan, ARY News reported on Tuesday, citing authorities. As per the details, petrol- and LPG-loaded vessels are docked at Port Qasim’s FOTCO Terminal, further boosting fuel supplies. Sources confirmed that the vessel MT Burgan delivered 42,418 tonnes of motor oil to the port. Meanwhile, MT Lamos transported 57,650 tonnes of pet...
Iranian Rial to Pakistani Rupee Rate Today- April 14, 2026
BusinessPakistanIranian Rial to Pakistani Rupee Rate Today- April 14, 2026By Web Desk-Apr 14, 2026As of April 14, 2026, the authentic mid-market exchange rate stands at 1 Iranian Rial (IRR) ≈ 0.00021 Pakistani Rupee. This figure is based on reliable global sources (updated around 09:40 UTC / approx. 02:40 PKT). While the Rial remains weak against major currencies like the USD globally due to sanctions and economic pressures, it has demonstrated notable localized gains in Pakistan’s open currency...
Gold prices rise in Pakistan — April 14, 2026
BusinessGold prices rise in Pakistan — April 14, 2026By Web Desk-Apr 14, 2026KARACHI: Gold prices in Pakistan increased on April 14, 2026, in line with global bullion market trends amid ongoing geopolitical developments. The price of 24-karat gold per tola rose by Rs4,600 to Rs499,962, compared to Rs495,362 on the previous trading day, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs3,943 to Rs4...
Loadshedding hours announced in Pakistan to ‘curtail price hike’
PakistanTop NewsLoadshedding hours announced in Pakistan to 'curtail price hike'By Aleem Malik-Apr 14, 2026ISLAMABAD: The federal government has decided to enforce around 2.25 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 s...
Govt hints at Rs1.5 per unit increase in electricity prices
BusinessMust ReadGovt hints at Rs1.5 per unit increase in electricity pricesBy Aleem Malik-Apr 14, 2026ISLAMABAD: 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 u...
Silver Rate in Pakistan Today- April 14, 2026
BusinessPakistanSilver Rate in Pakistan Today- April 14, 2026By Web Desk-Apr 14, 2026Karachi, April 14, 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...
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...
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,...
No loadshedding in THESE cities despite countrywide 2.5-hour cuts
Must ReadPakistanNo loadshedding in THESE cities despite countrywide 2.5-hour cutsBy Web Desk-Apr 14, 2026ISLAMABAD: The government of Pakistan has announced that no loadshedding of up to two and a half hours will be carried out for consumers of Hyderabad Electric Supply Company (HESCO) and K-Electric under its peak hours relief strategy. A spokesperson for the Power Division clarified that the decision has been taken due to reduced reliance on furnace oil and the availability of cheaper electri...
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...
Jet fuel shock from Iran war worsens crisis for global airlines
InternationalJet fuel shock from Iran war worsens crisis for global airlinesBy Reuters -Apr 14, 2026Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and Virgin Atlantic flagged a looming supply crunch, with the Iran conflict squeezing fuel supplies. The war has upended routes between Asia and Europe that relied on Gulf hubs, while a doubling of jet fuel prices and tightening of supplies are hit...
Europe could see jet fuel shortage by June, IEA says
InternationalEurope could see jet fuel shortage by June, IEA says By Reuters -Apr 14, 2026Europe could start seeing physical shortages of jet fuel by June due to the Iran war if the region is only able to replace half of the fuel supplies it normally gets from the Middle East, the International Energy Agency said in its monthly report. Global jet fuel and kerosene demand averaged 7.8 million barrels per day in 2025, with Gulf exports the largest source to the global market, averaging nearly...
Red Cross makes first aid shipments into Iran since start of war
InternationalRed Cross makes first aid shipments into Iran since start of warBy AFP -Apr 14, 2026The international Red Cross movement said Tuesday that a shipment of life-saving medical supplies and other aid has crossed the border into Iran, its first since the start of the war. The shipment of medical supplies and other aid entered the country on Sunday, the International Federation of Red Cross and Red Crescent Societies said. The truck convoy, which set off from the Turkish capital Ankara on...
Saudi Riyal to Pakistani Rupee Rate Today – April 14, 2026
BusinessPakistanSaudi Riyal to Pakistani Rupee Rate Today – April 14, 2026By Web Desk-Apr 14, 2026KARACHI/DUBAI- April 14, 2026: The Saudi Riyal (SAR) is trading at Rs74.42 against the Pakistani Rupee (PKR) in today’s open market, according to leading currency dealers in Karachi. The selling rate remains around Rs74.99. The pair continues to stay firmly locked in the same exceptionally narrow, low-volatility channel it entered in early January 2026 — now stretching well beyond twelve weeks of re...
UAE Dirham to Pakistani Rupee Rate Today – April 14, 2026
BusinessPakistanUAE Dirham to Pakistani Rupee Rate Today – April 14, 2026By Web Desk-Apr 14, 2026Dubai / Karachi, April 14, 2026 – The UAE Dirham (AED) is trading at 76.06 Pakistani Rupees in the open market today, showing only minimal 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...