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Latest in Business & Finance

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Workers loading sacks of wheat flour onto a truck at a depot.Pakistan / Business & Finance

Pakistan to import 1 million tons of wheat as flour prices climb

Pakistan will import one million tons of wheat and release government stockpiles to provinces after a supply shortfall pushed up wheat and flour prices.

A PSO petrol station with fuel pumps in Hyderabad, Sindh.Pakistan / Business & Finance

Petrol up Rs6.39, diesel Rs7.83 as Pakistan starts daily fuel pricing

Pakistan raised petrol by Rs6.39 and diesel by Rs7.83 for 23 July 2026 under a new daily pricing mechanism, as pump owners deferred a nationwide strike.

Front view of the State Bank of Pakistan headquarters building in Karachi.Pakistan / Business & Finance

S&P upgrades Pakistan's sovereign credit rating to 'B' after nine years

S&P Global Ratings raised Pakistan's long-term sovereign credit rating to 'B' from 'B-', the highest in seven years, citing reforms, rebuilt reserves and fiscal consolidation.

A Pakistan State Oil petrol and compressed natural gas station beside a road.Pakistan / Business & Finance

Petrol pump owners announce nationwide shutdown after talks fail

The All Pakistan Petroleum Pump Owners Association said around 15,000 pumps would close from midnight on 22 July after talks with the petroleum minister ended without agreement.

A large stone building with classical columns and arched windows.Pakistan / Business & Finance

Pakistan appoints bank consortiums for GMTN and Sukuk issuance

The finance ministry named international bank consortiums for Pakistan's Global Medium-Term Note and International Sukuk programmes to support sovereign market issuance.

Metal towers, pipes and reactors at a large urea fertilizer production plant.Pakistan / Business & Finance

Two fertilizer plants shut as LNG squeeze threatens urea supplies

An energy ministry official said two gas-based fertilizer plants had stopped production, as renewed US-Iran tensions raised fresh concerns over Pakistan's LNG imports.

A sample of lithium carbonate, a white powder used in batteries.Pakistan / Business & Finance

OGDC confirms first lithium find in Pakistan geothermal brines

Pakistan's state-run oil and gas company said geochemical testing of a high-temperature geothermal well found lithium concentrations comparable to leading brine projects.

A Pakistan State Oil petrol and CNG station in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan to fix fuel prices daily as Gulf conflict roils oil markets

The petroleum minister said Ogra will set petrol and diesel prices daily, a shift from weekly revisions, as renewed US-Iran hostilities push global oil prices higher.

Prime Minister Shehbaz Sharif at an international meeting in 2024.Pakistan / Business & Finance

Pakistan, China sign $440m pharma deals as PM vows security

Prime Minister Shehbaz Sharif welcomed nine pharmaceutical and healthcare agreements worth over $440 million and pledged to protect Chinese nationals working in Pakistan.

A visitor rings the closing bell at the Karachi Stock Exchange during an official visit in 2010.Pakistan / Business & Finance

KSE-100 plunges 6,408 points as Hormuz blockade rattles markets

Pakistan's benchmark index fell 3.56% to 173,518.81 on 14 July 2026 as the US reinstated a naval blockade of Iran and floated a toll on Strait of Hormuz cargo.

The Winder Building in Washington, DC, a historic office block that houses the Office of the United States Trade Representative.Pakistan / Business & Finance

Pakistan, US cite 'significant progress' in reciprocal trade talks

The Foreign Office said two days of Washington negotiations on a reciprocal trade agreement narrowed differences and moved both sides toward an early conclusion.

A Pakistan State Oil petrol station beside the G.T. Road near Pattoki, Punjab.Pakistan / Business & Finance

Pakistan raises petrol to Rs310.71, diesel to Rs323.30 a litre

The Petroleum Division raised petrol by Rs13.18 and high-speed diesel by Rs13.80 a litre, reversing last week's cut as Middle East war jitters pushed crude higher.