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Pakistan and world business news from seven outlets, one story per event. Updated just now.



30% New Cars in Pakistan Will Be Electric
Pakistan expects to achieve its electric vehicle (EV) adoption target ahead of schedule as rising oil prices make electric vehicles
ProPakistani

India's Sensex slumps to 32-month low on oil surge, foreign exodus
India’s benchmark Sensex slumped to its lowest in 32 months on Thursday as surging oil prices, rising global bond yields and a weaker rupee heightened inflation concerns, adding to pressure from the…
Business Recorder


Gold & silverUpdatedGold price increase by Rs600 per tola in Pakistan
Gold prices in Pakistan increased on Thursday in line with their gain in the international market. In the local market, gold price per tola reached Rs435,036 after a gain of Rs600 during the day.
Business Recorder





European shares dip as banks hit over 3-month low, oil prices weigh
European shares fell on Thursday as banks slid to a more than three-month low, while a fresh bond selloff and elevated oil prices stoked fears that higher inflation could hurt economic growth.
Business Recorder



Pakistan expects early EV target amid oil price surge: report
Amid the growing popularity of electric vehicles (EVs), Pakistan expects to reach its EV adoption target ahead of schedule as consumers increasingly switch from petrol- or diesel-powered cars.
Business Recorder
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