The government on Wednesday increased the price of petrol by Rs6.39 and that of high-speed diesel (HSD) by Rs7.83 per litre to pass on the impact of fluctuating global prices following renewed regional hostilities in the Persian Gulf. Following the...

SP Global Ratings on Wednesday upgraded Pakistans long-term sovereign credit rating to B from B-, citing an improving external position and gradual macroeconomic stabilisation, while assigning a stable outlook. SP kept Pakistans short-term credit...

WASHINGTON: Finance Minister Muhammad Aurangzeb on Tuesday asked US Treasury Secretary Scott Bessent to provide Pakistan with 10 billion Exchange Stabilisation Support Facility to help strengthen the national economy. The request, first reported by...

ISLAMABAD: The All Pakistan Petrol Pumps Owners Association (APPPOA) on Tuesday announced a nationwide strike from Wednesday night after negotiations with the government over daily petroleum pricing failed. Speaking to the media after a meeting with...

<p>THREE reports last Friday — a <a href="https://www.dawn.com/news/2016027">widening food trade gap</a>, return to a <a href="https://www.dawn.com/news/2016383">current account deficit</a>, and the government’s shift to <a href="https://www.dawn.com/news/2016227">daily fuel pricing amid renewed Gulf tensions</a> — reveal how fragile Pakistan’s external sector remains, despite the recent macroeconomic stabilisation.</p> <p>The headline current account deficit of just $139m in FY26 appear

<p>There was a time when Spain’s football was defined by fury. Today, it is defined by control.</p> <p>The old La Furia Roja (The Red Fury) was built on passion, aggression and flashes of individual brilliance.</p> <p>The Spain of today is something more complete: technically immaculate, tactically sophisticated and capable of turning possession into sudden, devastating attacks.</p> <p>As Spain prepare to face Argentina in the FIFA World Cup final at MetLife Stadium tonight, they do so unbeate

<p>The scoreline said Spain had beaten Argentina 1-0 after extra time. The match said something far more emphatic.</p> <p>For much of the World Cup final in New Jersey, Spain did not merely outplay the defending champions. They controlled the game so completely that Argentina, despite the presence of Lionel Messi in what was expected to be his final World Cup match, were reduced to chasing shadows.</p> <p>The victory gave Spain their second World Cup title, but it was the manner of the triumph t

<p>WASHINGTON: Finance Minister Muhammad Aurangzeb arrived in Washington on Saturday evening for a three-day visit during which he is expected to hold talks with US officials on trade, finance and investment.</p> <p>Pakistan and the United States will resume negotiations on Monday on a broader bilateral economic partnership, diplomatic sources told <em>Dawn</em>.</p> <p>During his visit, Aurangzeb is scheduled to meet officials from the Office of the United States Trade Representative (USTR), th

The government on Monday decreased the petrol price by Rs0.35 and increased the price of high-speed diesel by Rs5.71 per litre, to pass on the impact of fluctuating global prices following renewed regional hostilities in the Persian Gulf. Following...

<p>US forces hit Iran for a ninth consecutive day on Monday as concerns grew over shipping through the Strait of Hormuz after Iran said two oil tankers had exploded and been immobilised, adding that the waterway would remain unsafe as long as US “aggression” in the region continued.</p> <p>In a statement, US Central Command said it targeted “Iranian military command centres, air defense and coastal surveillance sites, maritime capabilities, missile and drone launch sites, and communication