Friday, April 3rd, 2026
Petrol price hike sparks grave concerns among business community: RCCI
RCCI urges out-of-the-box solutions amid war conflict to provide relief RAWALPINDI, APR 3 /DNA/ – The Rawalpindi Chamber of Commerce and Industry (RCCI) has expressed grave concern over the sharp increase in petroleum prices, warning that the move will have far-reaching consequences for the economy, businesses, and the general public. RCCI President Usman Shaukat, while reacting to the government’s decision to increase POL prices, stated that the unprecedented hike—raising petrol prices by Rs137 per litre to a record Rs458.4—has effectively doubled transportation costs. He cautioned that this surge will significantlyRead More
Government can attract international investors with rights policies: Sardar Tahir Mehmood
Warns, Unprecedented Petroleum Price Hike Will Increase Cost of Doing Business ISLAMABAD, APR 3 /DNA/ – President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has said that the upcoming Federal Budget 2026 presents a historic opportunity for the government to reset Pakistan’s economy, restore investor confidence and place the country firmly on the path of sustainable economic growth. Addressing a press conference at the Chamber House on Friday, he said that the purpose of the briefing was to present the proposals and expectations of the business communityRead More
Petrol at Rs458, diesel Rs520 triggers de-industrialization fears
ISLAMABAD, APR 3: /DNA/ – Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed profound concerns and outright dismay over the staggering and unprecedented increase in petroleum prices announced by the federal government. He proposed that an emergency, temporary suspension of the Petroleum Development Levy (PDL) should be announced to provide immediate breathing room to the industrial sector – until the global petroleum supplies return back to normalcy. Mr. Atif Ikram Sheikh stated that the business, industry and trade community warns thatRead More
Punjab enforces PM’s national savings & austerity plan
LAHORE, APR 3: /DNA/ – Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to ensure strict implementation of Prime Minister Shehbaz Sharif’s comprehensive national savings and austerity program. She announced a major relief package for the people of Punjab amid historic global crisis, as citizenss will not have to buy tickets while traveling on Orange Line Train, Metro Bus Service, Speedo Bus, and Green Electro Bus. She decided to provide cash to protect agriculture, food, and farmers, as she announced a subsidy of Rs. 100 per liter ofRead More
Ethiopian Enclave opens in Karachi Expo Center
KARACHI, APR 3 /DNA/ – The Ethiopian Embassy Islamabad, in collaboration with Ethiopian Airlines, opened the “Ethiopian Enclave” at the Pakistan Travel Mart 2026 which kicked off here on Friday in Karachi Expo Center. The Ethiopian Enclave has been designed to showcase the nation’s ancient heritage, diverse tourism landscapes, and vibrant cultural identity. The Enclave received a high-profile reception, welcoming senior officials of the Government of the Islamic Republic of Pakistan including Sardar Yasir Ilyas Khan, Coordinator to the Prime Minister of Pakistan on Tourism and Aftab ur Rehman Rana,Read More
Waqf, Zakat reforms key to socio-economic uplift: Experts
ISLAMABAD, Apr 3: /DNA/ – Experts on Thursday stressed that institutional reform, technological integration and adherence to the principles of Maqasid al-Shariah were essential to revitalize Waqf and Zakat systems for socio-economic empowerment. The views were expressed on the opening day of the Professor Khurshid Ahmad International Conference 2026, jointly organized by the Institute of Policy Studies and Allama Iqbal Open University. The two-day moot is focusing on mobilizing Waqf and Zakat as structured tools for sustainable and inclusive development. Speakers highlighted that both Zakat and Waqf have historically playedRead More