Business

LAHORE (Kashmir English): Indus Motor Company (IMC) has announced an increase in the prices of its locally assembled Toyota Corolla Cross Hybrid Electric Vehicle (HEV) variants following the increase in General Sales Tax (GST) on hybrid vehicles under the Federal Budget 2026-27. According to the company, the revised ex-factory Karachi prices came into effect from July

ISLAMABAD (Kashmir English): Changan Pakistan has announced a price reduction for its Oshan X7 SUV lineup, making the popular crossover more affordable for customers. In addition to the revised prices, the company is offering two years of periodic maintenance on selected Oshan X7 variants as part of a limited-time promotional package. According to Changan, the

ISLAMABAD (Kashmir English): Federal Minister for Petroleum Ali Pervaiz Malik on Tuesday said the government is committed to passing on the full benefit of declining global oil prices to the public, adding that reducing the burden of fuel costs remains a top priority. Speaking to reporters at Parliament House, the minister said the Oil and

RIYADH (Kashmir English): The world’s largest producer of crude oil, Saudi Arabia, has stated that Crude oil was being sold to Asian buyers at much lower prices. This marks the biggest drop in monthly prices of the oil in at least 25 years because increased oil coming through the Strait of Hormuz intensifies global competition.

ISLAMABAD (Kashmir English): A new situation has emerged in the global energy market after OPEC+ decided to increase crude oil production from August, due to which pressure on prices is expected to continue. Crude oil prices recorded a slight decline in the global market on Monday, the main reason for which is said to be