Brent and WTI futures rose for a second consecutive session on Friday, but expectations of easing tensions in the Iran war kept both benchmarks on track for their steepest weekly losses in months.
Retrospective compliance requirements, customs restructuring and limited stakeholder consultation are undermining confidence in Pakistan’s tax administration, raising concerns about investment and export competitiveness.
The benchmark index fell 1.27% in early trading as investors reacted to geopolitical uncertainty and a sharp global sell-off in technology stocks.
Petrol price falls to Rs352.59 per litre, while the new diesel rate stands at Rs382.25.
The Rawalpindi Chamber of Commerce and Industry (RCCI) hosted Managing Director WASA Rawalpindi, Mr. Aziz
Punjab Industries Minister Shafay Hussain announces a joint initiative involving ICCI and RCCI to strengthen industrial cooperation, address business challenges and attract investment.
Both countries agree on cooperation goals in climate and energy, social protection, sustainable economic development and skills development.
The country’s foreign exchange reserves increase by $39 million in a week, with the State Bank holding $21.56 billion as of October 30.
Imported fertiliser vessels remain stranded at Karachi Port amid berthing and clearance delays, raising fears of lower wheat yields and higher flour prices during 2026–27.
Local gold prices rise in line with international markets, extending gains for a second consecutive session.
