Business

ISLAMABAD (Kashmir English): The oil prices worldwide experienced a significant increase after US President Donald Trump delivered a direct nuclear warning to Iran. The price of US crude oil reached $97 per barrel after rising 3 percent, while Brent crude, which serves as the global standard, rose 2.2 percent to $96.86 per barrel. The price

ISLAMABAD (Kashmir English): Diesel and petrol prices are likely to decline in Pakistan after a massive drop in crude oil prices in the global market. The Brent crude oil prices have fallen by more than 15% to less than $92 (£68.4) a barrel after the US and Iran agreed to a conditional two-week ceasefire deal that

ISLAMABAD (Kashmir English): The Pakistan Stock Exchange (PSX) has experienced its largest single-day increase when Pakistan attempted to mediate US-Iran relations through its diplomatic activities. The benchmark index reached a 12,000-point increase within several minutes, which caused a market suspension because trading rules required a halt during periods of extreme market fluctuations that analysts described as

ISLAMABAD (Kashmir English): The international community now experiences positive results from Pakistan’s diplomatic work, which helps to reduce international conflicts and maintain crucial economic markets. The United States and Iran established a ceasefire agreement through Pakistan’s diplomatic work, which resulted in a 19 percent decrease in global oil prices. The price of Brent crude oil

ISLAMABAD (Kashmir English): The Federal Interior Minister Mohsin Naqvi has declared a major relief program for Islamabad residents through his announcement that motorbike transfer fees will remain suspended for one month. The initiative, which Prime Minister Shehbaz Sharif initiated, functions as part of a wider public assistance program that includes subsidies to decrease financial burdens on

MUZAFFARABAD (Kashmir English): The government has announced a big good news for retired government employees by approving new pension funds. The Securities and Exchange Commission of Pakistan (SECP) has announced the release of more pension funds, especially for the provinces of Balochistan and Punjab, which will provide better financial benefits to employees at the time of

ISLAMABAD (Kashmir English): The Indus Motor Company has implemented higher freight charges for all Toyota models, which will result in increased vehicle costs for all customers throughout Pakistan. The company needs to raise prices because fuel costs have risen, which has created additional expenses for transportation. The new freight charges differ according to different vehicle types