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Pakistan faces surge in fuel use despite austerity steps
ISLAMABAD: The government of Pakistan’s austerity drive to control fuel consumption has failed to produce the desired results, ARY News reported. Like many countries, the government of Pakistan adopted austerity measures to ensure a steady fuel supply amid the ongoing war by US and Israel against Ir...
Gold slips over RS 5,000, silver plunges Rs 15,000: What's behind the sudden fall?
Gold slips over RS silver plunges Rs Whats behind the sudden fall
Britain hits renewable power record in 2025, but fossil fuel use also up
Renewable power such as wind and solar provided a record 52.5% of Britain’s electricity generation in 2025, government data showed on Thursday, but fossil fuel use also rose. Britain has a target to largely decarbonise its electricity sector by 2030, which will require a huge scale-up of renewabl...
Gold and Silver Rate Today in Pakistan- April 2, 2026
KARACHI – The local gold market experienced a notable correction today, Thursday, April 2, 2026, as prices for gold and silver a significant decrease following a period of high volatility. This downward trend provides a brief window of relief for domestic buyers and investors who have been closely m...
World Bank reviews projects in Sindh
KARACHI: A high-level World Bank delegation has reviewed its 14 ongoing projects valued $4.1 billion in Sindh today on 2 April 2026, during a meeting at the Chief Minister’s House. The world Bank delegation described the construction of Karachi’s largest landfill site as a significant milestone duri...
PSX tumbles 3,500 points as Trump speech sinks hopes for quick end to war
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index sank by 3,500 points on Thursday, after a press conference by United States President Donald Trump dampened investor hopes of a quick end to the war on Iran. The KSE-100 index dropped by 4,073.85 points, or 2.62 per cent, to stand at 151,50...
Trump tariffs cast shadow as US-China trade shrinks ahead of leaders’ meet
Direct trade between China and the United States continues to shrink, new US government data showed on Thursday, as the anniversary of “Liberation Day” highlights how last year’s tariff escalations deepened tensions between the two global powers. The figures come ahead of a planned leaders’ meeting...
Oil prices soar, crypto sinks, stock markets crash: Market reaction to Trump speech on Iran
US President Trump's conflicting statements on the Iran conflict, suggesting both military success and potential escalation, have triggered global market volatility. Indian stocks initially plunged but recovered, while oil prices surged, impacting nations like Nepal and Bhutan. Precious metals and c...
OPEC+ likely to weigh further oil output hike on Sunday, sources say
OPEC+ is likely to weigh a further oil output increase when eight members meet on Sunday, two OPEC+ sources said, a move that would position key producers to add more barrels should the Strait of Hormuz – the world’s most important oil route, currently shut by the U.S.-Israeli war with...
Central Vista project records 43% loss in transplanted trees
The government said a total of 3,609 trees were transplanted for the project, of which 1,545 did not survive after transplantation.
Villeroy Says Economy Now Closer to ECB’s Adverse Scenario
The Iran war is pushing the euro-area economy closer to the European Central Bank’s adverse scenario, meaning the next policy move is very likely to be an increase in interest rates, Governing Council member Francois Villeroy de Galhau said.
India's defence exports jump 63% in a year, hit record Rs 38,400 crore
Indias defence exports jump in a year hit record Rs crore
Morocco’s Energy Minister Confirms Diesel Stock Sufficient for 51 Days Amid Middle East War
Morocco confirmed the import-dependent country has enough diesel to meet domestic demand for 51 days, as global energy markets remain strained The post Morocco’s Energy Minister Confirms Diesel Stock Sufficient for 51 Days Amid Middle East War appeared first on Morocco World News.
FACTBOX: Day of Unity of the Peoples
On April 2, 1996, Russian President Boris Yeltsin and Belarusian President Alexander Lukashenko signed in Moscow a treaty establishing the Community of Russia and Belarus, which envisaged the creation of a politically and economically integrated association
Trump suggests states raise taxes to pay for child care, says federal government can’t afford it
President Trump on Wednesday said states should raise taxes to pay for day care, arguing that the federal government cannot afford to fund child care for all 50 states. The federal government spends around $30 billion per year on child care. “The United States can’t take care of day care. Tha...
Filipino workers in UAE can now send money faster with new du-GCash tie-up
DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / Banking & InsuranceFilipino workers in UAE can now send money faster with n...
German Investor Pain Spreads to London With Losses From Olympia
Versicherungskammer Bayern flagged millions of euros in losses linked to one of London’s biggest property developments, adding to already painful hits for the German insurer from a foray into US real estate.
Panic buying drains French gas stations
France is facing a fuel crunch after price caps and panic buying sparked shortages at hundreds of TotalEnergies filling stations Read Full Article at RT.com
Heathrow Airport Unit Is Eying Its Latest Bond Sale in Canada
A unit of Heathrow Airport is looking to raise around C$500 million ($359 million) through a bond sale in Canada, according to people familiar with the matter, amid improved market conditions there for overseas borrowers.
Oil leaps back towards $110, stocks tumble as Trump vows to keep hitting Iran
Oil prices surged and global equity and bond markets recoiled again on Thursday after U.S. President Donald Trump dashed hopes of a swift resolution to the Middle East war. Brent crude jumped more than 7% to above $109 a barrel after Trump said in a prime-time address on Wednesday that the U.S. wo...