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Govt hints at Rs1.5 per unit increase in electricity prices
BusinessMust ReadGovt hints at Rs1.5 per unit increase in electricity pricesBy Aleem Malik-Apr 14, 2026ISLAMABAD: The federal government has indicated a possible increase of around Rs1.5 per unit in electricity prices as Pakistan faces the economic impact of ongoing turmoil in the Middle East. The government has also announced approximately 2.25 hours of daily electricity loadshedding across the country as part of a “peak relief strategy” aimed at preventing a steeper increase of up to Rs6 per u...
Silver Rate in Pakistan Today- April 14, 2026
BusinessPakistanSilver Rate in Pakistan Today- April 14, 2026By Web Desk-Apr 14, 2026Karachi, April 14, 2026 – Silver prices in Pakistan have maintained firm upward momentum today, with the chandi ka rate at Rs. 9,002 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates...
Dollar and Other Currency Rates in Pakistan Today- April 14, 2026
BusinessPakistanDollar and Other Currency Rates in Pakistan Today- April 14, 2026By Web Desk-Apr 14, 2026Karachi, April 14, 2026 – The State Bank of Pakistan (SBP) has published its latest Mark-to-Market (M2M) currency rates for authorized dealers, providing updated reference rates for foreign currency transactions against the Pakistani Rupee (PKR). Pakistan Currency Rates- Latest Updates Here’s a comprehensive breakdown of today’s key currency rates for traders, importers, exporters, and remitt...
Defence Savings Certificate- New Profit Rates, April 2026
BusinessMust ReadDefence Savings Certificate- New Profit Rates, April 2026By Web Desk-Apr 14, 2026ISLAMABAD: The National Savings has issued new profit rates for Defense Saving Certificates of various denominations. The financial institution has fixed the profit rate at 11.44 percent. The following are the profits that a person can earn on investment of Rs 100,000 until 10 years maturity: First Year: Rs107,000 Second Year: Rs115,000 Third Year: Rs124,000 Fourth Year: Rs135,000 Fifth Year: Rs148,...
No loadshedding in THESE cities despite countrywide 2.5-hour cuts
Must ReadPakistanNo loadshedding in THESE cities despite countrywide 2.5-hour cutsBy Web Desk-Apr 14, 2026ISLAMABAD: The government of Pakistan has announced that no loadshedding of up to two and a half hours will be carried out for consumers of Hyderabad Electric Supply Company (HESCO) and K-Electric under its peak hours relief strategy. A spokesperson for the Power Division clarified that the decision has been taken due to reduced reliance on furnace oil and the availability of cheaper electri...
Iranian rial worth billions seized in major Karachi operation
Must ReadPakistanIranian rial worth billions seized in major Karachi operationBy Web Desk-Apr 14, 2026KARACHI: Authorities have foiled a major attempt to smuggle billions of Iranian rials into Karachi and arrested nine members of an inter-provincial gang, including women. According to Senior Superintendent of Police (SSP) Keamari Malik Sanghar, the group was attempting to smuggle approximately 29.69 billion Iranian rials into the city. He said the suspects had concealed the currency inside the t...
Jet fuel shock from Iran war worsens crisis for global airlines
InternationalJet fuel shock from Iran war worsens crisis for global airlinesBy Reuters -Apr 14, 2026Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and Virgin Atlantic flagged a looming supply crunch, with the Iran conflict squeezing fuel supplies. The war has upended routes between Asia and Europe that relied on Gulf hubs, while a doubling of jet fuel prices and tightening of supplies are hit...
Europe could see jet fuel shortage by June, IEA says
InternationalEurope could see jet fuel shortage by June, IEA says By Reuters -Apr 14, 2026Europe could start seeing physical shortages of jet fuel by June due to the Iran war if the region is only able to replace half of the fuel supplies it normally gets from the Middle East, the International Energy Agency said in its monthly report. Global jet fuel and kerosene demand averaged 7.8 million barrels per day in 2025, with Gulf exports the largest source to the global market, averaging nearly...
Red Cross makes first aid shipments into Iran since start of war
InternationalRed Cross makes first aid shipments into Iran since start of warBy AFP -Apr 14, 2026The international Red Cross movement said Tuesday that a shipment of life-saving medical supplies and other aid has crossed the border into Iran, its first since the start of the war. The shipment of medical supplies and other aid entered the country on Sunday, the International Federation of Red Cross and Red Crescent Societies said. The truck convoy, which set off from the Turkish capital Ankara on...
Saudi Riyal to Pakistani Rupee Rate Today – April 14, 2026
BusinessPakistanSaudi Riyal to Pakistani Rupee Rate Today – April 14, 2026By Web Desk-Apr 14, 2026KARACHI/DUBAI- April 14, 2026: The Saudi Riyal (SAR) is trading at Rs74.42 against the Pakistani Rupee (PKR) in today’s open market, according to leading currency dealers in Karachi. The selling rate remains around Rs74.99. The pair continues to stay firmly locked in the same exceptionally narrow, low-volatility channel it entered in early January 2026 — now stretching well beyond twelve weeks of re...
UAE Dirham to Pakistani Rupee Rate Today – April 14, 2026
BusinessPakistanUAE Dirham to Pakistani Rupee Rate Today – April 14, 2026By Web Desk-Apr 14, 2026Dubai / Karachi, April 14, 2026 – The UAE Dirham (AED) is trading at 76.06 Pakistani Rupees in the open market today, showing only minimal movement from recent levels. The pair continues to hover comfortably within the narrow 76.00–76.50 PKR range that has been the dominant trading zone for the past several months, offering the kind of predictability that Pakistani expatriates and their families have...
Fuel costs push Spanish inflation to 21-month high
InternationalFuel costs push Spanish inflation to 21-month highBy AFP -Apr 14, 2026Spanish inflation jumped to a 21-month high of 3.4 percent in March as the Middle East war caused fuel prices to spike, revised data showed on Tuesday. Transport costs increased 5.3 percent year-on-year due to higher prices for fuel and lubricants for personal vehicles, statistics office INE said in a statement, revising upwards a preliminary March inflation estimate of 3.3 percent. Read Also: Spain’s Sanchez call...
Gold firms on softer dollar, hopes of US-Iran talks resuming
InternationalGold firms on softer dollar, hopes of US-Iran talks resumingBy Reuters -Apr 14, 2026Gold prices gained more than 1% on Tuesday as the U.S. dollar weakened, while hopes of a resumption in U.S.-Iran talks also supported prices by easing inflation concerns. Spot gold was up 1.5% at $4,808.69 per ounce by 11:31 a.m. ET (1531 GMT). U.S. gold futures rose 1.4% to $4,833.10. Negotiating teams from the U.S. and Iran could return to Islamabad this week to resume talks to end the war, sou...
UK’s Ofwat board split over approval for Thames Water rescue deal
InternationalUK's Ofwat board split over approval for Thames Water rescue dealBy Reuters -Apr 14, 2026The board of UK water regulator Ofwat is split over whether to approve a rescue deal offered by the creditors of Thames Water, Bloomberg News reported on Tuesday, citing a person familiar with the matter. The water regulator’s board has so far failed to reach a consensus on the deal floated by senior creditors to save UK’s largest water supplier, the report said. Read Also: Lenders of...
The Manager Behind the Best-Performing ETF of 2026
John Kartsonas, founder and managing partner at Breakwave Advisors, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." Every twist in the Iran conflict shows up almost instantly in the Breakwave Tanker Shipping ETF (ticker: BWET) that has become the best-performing ETF of 2026. The fund has gained over 1400% over the past year. (Source: Bloomberg)
US-Israeli war on Iran could push 32 million into poverty – UN
The global shock from energy, food, and trade disruption threatens the well-being of people in 162 countries, according to a UN report The US-Israeli war against Iran could push up to 32 million people into poverty worldwide, despite the current tentative ceasefire, as global economic shocks ripple far beyond the conflict zone, according to a new UN report. In a report released on Monday, the UN Development Program said the impact could span 162 countries, with the heaviest burden f...
Mahmood’s migration reforms will deliver fraction of claimed savings, data suggests
Exclusive: Analysis of government figures indicates public finances will gain £600m not £10bn if migrants’ access to benefits is reducedShabana Mahmood’s migration reforms are expected to deliver just £600m in savings – about 6% of the £10bn the home secretary claimed, according to the government’s own data.Under the plans, most people would have to wait 10 years to qualify for settled status, rather than the existing five-year period, which the home secretary argued would save costs on public...
Can debt relief protect your Social Security or retirement income?
MoneyWatch: Managing Your Money Can debt relief protect your Social Security or retirement income? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she wr...
Bloomberg Surveillance 4/13/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Two Months to get Oil Back Online is 'Optimistic,' Says Rebecca Babin
Rebecca Babin, senior equity trader and managing director at CIBC Private Wealth, said that the markets are using a two month base case as the predicted time it would take to get oil production back up and running after the end of war with Iran, a timeline she finds 'optimistic.' Babin said that even if US oil exports grows to 5 million barrels a day, it still won't be enough to fill in the supply lost to the closure of the Strait of Hormuz. (Source: Bloomberg)