ISLAMABAD: The federal government has revised the petroleum levy on each petrol and diesel, growing the levy on diesel whereas decreasing it on petrol, ARY Information reported citing sources. In keeping with sources, the petroleum levy on diesel has been elevated by Rs10.93 per litre, elevating it to Rs68.93 per litre. They added that the…
A peace deal has been reached between the United States and Iran, but getting oil to flow through the region again and helping gas prices return to pre-war levels may be more of a challenge. That’s because the physical and economic damage done means consumers will need to get used to a “new normal,” according…
Pakistan women’s cricket team players celebrate with the trophy after completing a T20I series sweep against Zimbabwe in Karachi, May 15, 2026. — X/@TheRealPCBMedia The Pakistan Cricket Board (PCB) announced a 15-member squad for the ICC Women’s T20 World Cup 2026 and the Ireland tri-series on Saturday, with Fatima Sana retained as captain and five…
Crypto winter looks different this cycle as capital rotates towards smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his latest memo, Hougan flagged three factors influencing the market,…
Investment manager I Squared Capital on Tuesday said that it has bought 10 data center facilities from Cogent Fiber for $225 million in cash, marking its latest bet on AI infrastructure. I Squared said it plans to use the assets as a “seed” for a new US data center operating platform, committing a further $1…
Finance Minister Muhammad Aurangzeb on Friday introduced a hard and fast tax price scheme for small store homeowners. The voluntary ‘Asaan Scheme’ geared toward small outlets with annual earnings of Rs200 million, seeks to broaden the tax web by imposing a 1 p.c mounted tax on the web revenue of the enterprise. Store homeowners may…
Germany walloped Curacao 7-1 of their FIFA World Cup opener on Sunday after Felix Nmecha scored the match’s quickest objective up to now after which drew a penalty in first-half stoppage time, which Kai Havertz transformed to increase the lead. The four-time champions dominated from the beginning of the Group E match in opposition to…
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Pakistan, together with Turkey and Egypt, is engaged in “lively back-channel diplomacy” to “bridge the hole between” the US and Iran, an official within the administration confirmed to Daybreak on Monday. The official mentioned that by way of “lively back-channel diplomacy”, involving US Particular Envoy to the Center East Steve Witkoff and Iran Overseas Minister…
More than two years after the body of Tatjana Stefanski was discovered in a wooded area in the North Okanagan, the murder trial for the man accused in her death is now underway at B.C. Supreme Court in Kamloops. “We’ve been waiting the last two years for this day,” said family friend Jen de Bourcier….
