Govt raises petrol price, cuts diesel rates
According to notification, the new prices will be applicable on September 1.
The post Govt raises petrol price, cuts diesel rates appeared first on BOL News.
According to notification, the new prices will be applicable on September 1.
The post Govt raises petrol price, cuts diesel rates appeared first on BOL News.
Directorate of Revenue has also established dedicated contact numbers to facilitate taxpayers.
The post MCI to issue property tax bills for 2026-27 within 10 working days, rebate period extended for taxpayers appeared first on BOL News.
Saudi Arabia imported around $448 million worth of fruit and vegetable.
The post Pakistani fruit industry highlights challenges and Saudi market potential after ‘Makkah Pact’ appeared first on BOL News.
Unity Foods is a public listed company on the Pakistan Stock Exchange and has raised funds from public shareholders.
The post SECP findings prompt FIA action over alleged Unity Foods irregularities appeared first on BOL News.
Brussels is tightening its grip on some of the internet’s fastest-growing services, designating ChatGPT, Reddit and Roblox for heightened scrutiny under the European Union’s Digital Services Act (DSA), writes Catherine Feore.
The European Commission said all three services meet the 45 million average monthly users threshold in the EU, triggering the DSA rules reserved for digital players considered large enough to pose systemic risks to European society.
“These new designations mean that ChatGPT, Reddit and Roblox will now be held to a higher standard of scrutiny and accountability in the European Union,” said Henna Virkkunen (pictured), the Commission’s executive vice-president for tech sovereignty, security and democracy.
The move puts the companies firmly in Brussels’ regulatory crosshairs. They must assess and mitigate risks ranging from illegal content and harm to minors to threats to fundamental rights, elections, public security, and users’ physical and mental well-being. Importantly, the designation also gives the Commission investigative powers to scrutinise relevant features and systems underpinning the services.
ChatGPT has been designated a Very Large Online Search Engine (VLOSE), while Reddit and Roblox are now Very Large Online Platforms (VLOPs). They have until the end of January 2027 to comply with the DSA’s tougher obligations.
ChatGPT’s inclusion is particularly significant. The Commission considers the AI service a hybrid product that qualifies as an online search engine because it can search the web when answering users’ queries, bringing a major generative AI service into the DSA’s toughest tier of oversight for the first time.
The Commission will supervise compliance with the DSA, in cooperation with Coimisiún na Meán (Ireland’s media regulator) for ChatGPT and Reddit, and the Dutch Authority for Consumers and Markets (ACM) for Roblox.
With the latest additions, 28 platforms and search engines have now received the EU’s “very large” designation.
Photo credit: Commissioner Virkkunnen Photographer: Lukasz Kobus © European Union
CEO Ali Asghar Jamali said the 33% increase in vehicle sales reflected a recovery in market demand.
The post Indus Motor profit rises as vehicle sales reach 45,035 units appeared first on BOL News.
FPCCI President elaborated that while global crude oil price fluctuations play a role.
The post FPCCI urges government to cut diesel prices to reduce business costs appeared first on BOL News.
Higher foreign exchange income and provision reversals offset weaker interest margins and rising operating costs.
The post Pakistan banking sector profit rises 2% in 2QCY26 appeared first on BOL News.
Tender seeks tech vendors as country grapples with billions in trade-linked financial crime and continued international scrutiny.
The post National Bank of Pakistan moves to automate detection of trade-based money laundering appeared first on BOL News.
Oil prices rose more than 2% Monday after the United States attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as the six-month-old conflict between the two countries showed no signs of easing. Brent crude futures climbed $2.21, or 2.51%, to $90.31 a barrel as of 0436 GMT. U.S. West ... Read more
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Pakistan exported about 169,000 metric tons of rice to Saudi Arabia in 2025, worth around $163 million.
The post Pakistan, Saudi Arabia set $3 billion agricultural export target within two years appeared first on BOL News.
KARACHI: State-run Pakistan LNG Limited (PLL) has issued a fresh tender to procure one spot cargo of liquefied natural gas for delivery between September 4 and 8, as global supply disruptions stemming from the Middle East war continue to strain the country’s gas-fired power generation. PLL invited bids from international suppliers for a single cargo ... Read more
The post Pakistan returns to spot LNG market with fresh tender as power generation takes a hit appeared first on BOL News.
Regulator sets outage limits, smart-meter standards and quarterly grading system for distribution companies nationwide.
The post NEPRA orders cash payouts to power consumers for slow repairs under new 2026 rules appeared first on BOL News.
Initiative aims to provide affordable and convenient transport options for women while reducing reliance on fossil fuels.
The post KP announces EV bike scheme for women appeared first on BOL News.
Chishti tells industrialists in Karachi meeting that 490 feeders are exempt from load-shedding as utility pushes transmission upgrades.
The post Chairman K-Electric acknowledges challenges but service upgrades appeared first on BOL News.
The notification said the new prices will remain in effect from August 29 through August 31.
The post Govt announces slight reduction in petrol, diesel prices appeared first on BOL News.
An IMF team is expected to visit Pakistan in September for the fourth review of the Extended Fund Facility,
The post Pakistan likely to meet most IMF targets ahead of Sep review appeared first on BOL News.
The World Oil Outlook is published annually by the OPEC Secretariat in Vienna and is intended to inform policymakers, industry stakeholders and market analysts on long-term energy trends.
The post Saudi Aramco to help build new Pakistan refinery as OPEC sees global oil demand climbing appeared first on BOL News.
Talks focus on agriculture, water resources, food security and investment.
The post Pakistan, Saudi Arabia look to expand economic partnership appeared first on BOL News.
The IPO, which represents a 15% stake in the company valued at approximately Rs1.86 billion, will see public subscription open September 3-4, 2026.
The post Soya Supreme parent APAG launches IPO at Rs32/share appeared first on BOL News.