Business
High Speed Diesel Price Cut Announced in Pakistan
Pakistani authorities reportedly announced a significant price reduction for High Speed Diesel, decreasing it by Rs32.63 per litre.
By AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Auzz News · Section
Business
Business reporting from the Auzz newsroom.
More in Business
Business
Diesel price cut by Rs32.63, petrol up by Rs2.97, according to Dawn
The government on Wednesday announced a significant reduction in high-speed diesel (HSD) prices, while petrol saw a slight increase, with new rates effective for August 20.
AUZZ Newsdesk (Dawn) · 11 d ago
Business
US Long-Term Borrowing Costs Ease After Government Intervention
US long-term borrowing costs have reportedly eased following government action, after interest rates on 30-year bonds reached a nearly two-decade high.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
HMRC issues 81,000 crypto tax warning letters
According to a Freedom of Information request, HMRC has significantly increased its outreach to crypto holders regarding tax obligations.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
US and Canada Reach 'Very Fair' Trade Agreement, Trump Says
According to Al Jazeera, a new trade agreement between the US and Canada has been announced by Trump, ensuring no tariffs for US farmers and businesses exporting to Canada.
AUZZ Newsdesk (Al Jazeera) · 11 d ago
Business
Gold Price Sees Significant Rise Amid Weaker Dollar, Lower Yields
Gold prices reportedly climbed approximately 3%, with a weaker dollar and lower bond yields cited as contributing factors for the precious metal's upward movement.
AUZZ Newsdesk (Khaleej Times Business) · 11 d ago
Business
Monzo resolves card payment and transfer issues
Digital banking service Monzo has announced that all its services are now fully operational following earlier disruptions.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
Understanding Income Tax Notices and Faceless Scrutiny
An article explains faceless scrutiny, reasons for income tax notices, and important timelines for taxpayers.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
Indian, US Refineries Reportedly Boost Exports Amid Oil Supply Disruptions
Refineries in India and the US are reportedly increasing exports to markets previously reliant on Middle Eastern and Russian supplies, benefiting from ongoing oil supply disruptions.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
US Retail Chain Reports Significant Boost from Tariff Refund
According to BBC Business, a US retail chain received a substantial pre-tax reimbursement, impacting its second-quarter operating income.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
Government anticipates significant diesel price reduction after refinery talks
According to Petroleum Minister Ali Pervez Malik, the government expects diesel prices to decrease by over Rs30 to Rs32 following discussions with petroleum refineries.
AUZZ Newsdesk (Dawn) · 11 d ago
Business
Petroleum Minister announces potential diesel price reduction in Pakistan
According to the Pakistan Observer, Petroleum Minister Ali Pervaiz Malik indicated that diesel prices in Pakistan could decrease by Rs32 per litre.
AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Business
More UAE Companies Reportedly Accepting Jaywan Payments
A growing number of companies in the UAE, including airlines, malls, and online retailers, are reportedly integrating Jaywan payment options.
AUZZ Newsdesk (Gulf News) · 11 d ago
Business
Etihad First Airline to Accept Jaywan Cards for Flight Bookings
Etihad has become the initial airline to integrate Jaywan cards as a payment method for flight bookings, according to reports.
AUZZ Newsdesk (Khaleej Times UAE · Khaleej Times Business) · 11 d ago
Business
Pakistan Anticipates US Decision on Exchange Stabilisation Facility
Pakistan is reportedly awaiting an update from the United States regarding its request for an Exchange Stabilisation Facility.
AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Business
RBI Governor Malhotra keeps rate outlook open, awaits inflation clarity
According to the Times of Oman, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated the central bank needs greater clarity on inflation trajectory before deciding on policy rates.
AUZZ Newsdesk (Times of Oman) · 11 d ago
Business
Jamaat-e-Islami Sit-ins Continue Against Petroleum Levy and Inflation
According to Geo News, Jamaat-e-Islami supporters have been staging sit-ins in multiple cities for a fourth consecutive day, protesting against a petroleum levy and high inflation.
AUZZ Newsdesk (Geo News) · 11 d ago
Business
Brent Crude Futures Rise Amid Hormuz Export Uncertainty
Brent crude futures climbed 69 cents, or 0.8%, to $91.71, as oil extended its climb due to prolonged Hormuz export uncertainty.
AUZZ Newsdesk (Express Tribune) · 11 d ago
Business
Unitree Shares Soar 620 Percent on Market Debut
China's Unitree reportedly experienced a significant share surge during its market debut, driven by investor interest in human-like robots.
AUZZ Newsdesk (Al Jazeera) · 11 d ago
Business
Rising Living Costs May Pressure PM Andy Burnham
According to BBC Business, rising living costs could place pressure on Prime Minister Andy Burnham, depending on developments in the coming months.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
Airlines suspend flights amid escalating conflict, impacting UAE and GCC travel
A number of airlines have reportedly suspended flights, affecting travel to and from the UAE and GCC region, as a conflict escalates.
AUZZ Newsdesk (Khaleej Times Business) · 11 d ago
Business
India's Real Estate Sector Shows Resilience Amid Uncertainties
India's real estate sector is exhibiting strength, with luxury housing and commercial segments anticipated to thrive despite potential pressures, according to a report.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
Belfast Cranes Undergo Overhaul for Defence Contract
Harland & Wolff's Spanish owners are investing nearly £100m to prepare the Belfast facility for a major defence contract, according to BBC Business.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
Dubai Prepares for Busy Events Season with Gitex, ATM, and Big 5
Dubai is anticipating a full schedule of events as Gitex, ATM, and Big 5 are set to return, signaling a packed season for the emirate.
AUZZ Newsdesk (Khaleej Times UAE · Khaleej Times Business) · 11 d ago
Business
Russia Imports Refined Fuel from Asia Amid Domestic Production Shortages
According to the Times of India, Russia is set to receive nearly 270,000 tonnes of refined fuel from Asian nations in August.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
Cabinet Approves Four Railway Projects and Highway Upgrade
The Union Cabinet has reportedly approved five infrastructure initiatives, including four railway multitracking projects and a highway upgrade in Bihar, with a total value exceeding thirteen thousand crore rupees.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
Pakistan Launches Retailer App to Digitize Tax System for Small Businesses
Pakistan has introduced a new Retailer App as part of efforts to digitize its tax system, which could significantly impact small businesses.
AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Business
Gold Price in Pakistan Drops by Rs3,700 per Tola
According to the Pakistan Observer, gold prices in Pakistan fell by Rs3,700 per tola, influenced by a decline in international bullion rates.
AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Business
Oil prices face potential surge amid Middle East conflict
Speculation has emerged regarding whether oil prices could reach $100 a barrel once more, reportedly due to ongoing Middle East conflict and potential supply disruptions.
AUZZ Newsdesk (Khaleej Times Business) · 11 d ago
Business
UAE Launches New Training Program for Government Asset Management
According to Gulf News, the UAE has initiated a new training push designed to enhance the management of government assets.
AUZZ Newsdesk (Gulf News) · 11 d ago
Business
Dubai conducts nearly 800 retail inspections for back-to-school period
Dubai has reportedly escalated its back-to-school checks, with nearly 800 retail inspections taking place.
AUZZ Newsdesk (Gulf News) · 11 d ago
Business
PM Shehbaz orders talks on potential diesel price reduction
According to Pakistan Observer, Prime Minister Shehbaz Sharif directed Petroleum Minister Ali Pervaiz Malik to travel to Karachi for discussions.
AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Business
Committee Approves 15-Year Sales Tax Exemption for Airlines
A proposal for a 15-year sales tax exemption on imports for airlines, including PIA, has been approved, according to one report.
AUZZ Newsdesk (Pakistan Observer) · 11 d ago
Business
Dubai Taxi Integrates 1,607 Arabia Taxi Vehicles into Bolt Platform
Dubai Taxi has expanded its services by adding 1,607 Arabia Taxi vehicles to the Bolt platform, aiming to reduce passenger waiting times.
AUZZ Newsdesk (Khaleej Times UAE · Khaleej Times Business) · 11 d ago
Business
India Ranked Least-Favoured Asian Stock Market in BofA Survey
A recent BofA survey indicated that India has become the least-favoured Asian stock market, with a significant percentage of respondents being net underweight.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
Gold prices fluctuated after initial gains, per Times of India
Gold prices, which gained last week and briefly tested the $4,450 mark, pulled back towards $4,340-$4,360 following a global bond selloff.
AUZZ Newsdesk (Times of India) · 11 d ago
Business
Dubai Aims to Broaden Property Access with New Initiatives
According to Gulf News, Dubai is working to expand property access through measures such as Golden Visa, first-time buyer support, and Flexi Rent options.
AUZZ Newsdesk (Gulf News) · 11 d ago
Business
UK inflation rate increases to 2.9%
According to BBC Business, the UK's inflation rate has risen to 2.9%, indicating a faster pace of cost increases compared to the previous month.
AUZZ Newsdesk (BBC Business) · 11 d ago
Business
UAE Developers Prioritize Funded Projects Nearing Completion
A recent report indicates that developers in the UAE are now concentrating on projects with secure funding that are close to being finished.
AUZZ Newsdesk (Khaleej Times Business) · 11 d ago
Business
Dubai gold price sees early morning drop; 18K slips below Dh400
The price of gold in Dubai reportedly experienced a decline during early trade, with 18K gold dropping below Dh400 per gram.
AUZZ Newsdesk (Khaleej Times Business) · 11 d ago
Business
Gold expected to show positive bias; Brent crude may decline
A recent report indicates gold could maintain positive momentum due to a weaker dollar, while Brent crude oil might slide toward $80/bbl.
AUZZ Newsdesk (Times of Oman) · 11 d ago
Business
Dubai gold prices decline further, 24K falls Dh8.25
Gold prices in Dubai have reportedly decreased, with 24K gold experiencing a drop of Dh8.25 over two days, according to Gulf News.
AUZZ Newsdesk (Gulf News) · 11 d ago
Business
Abu Dhabi anticipates addition of 71,000 homes by 2030
Abu Dhabi is reportedly set to add a substantial number of new residential properties over the next few years, with a peak delivery period expected in 2028.
AUZZ Newsdesk (Gulf News) · 11 d ago
Business
Sensex, Nifty Trade Flat Amid Rising Oil Prices and US-Iran Deadlock
Indian benchmark indices, Sensex and Nifty, traded flat on August 19, according to NDTV, as crude oil prices continued their fourth consecutive day of increases.
AUZZ Newsdesk (NDTV) · 11 d ago
Business
Pakistan Currency Exchange Rates Reported for August 19, 2026
Currency exchange rates in Pakistan, which are considered a crucial factor affecting trade balances and inflation, were reported for August 19, 2026.
AUZZ Newsdesk (Pakistan Observer) · 12 d ago
Business
Electricity costs rise as RLNG prices surge to record highs in July and August
Electricity generation costs in July saw a significant increase, primarily due to higher regasified liquefied natural gas (RLNG) prices, leading power companies to seek additional charges from consumers.
AUZZ Newsdesk (Dawn) · 12 d ago
Business
US, Canada Reach Trade Deal to Avert Tariffs, Trump Says
A trade agreement between the United States and Canada has been reached, according to Mr. Trump, aimed at preventing steep tariffs.
AUZZ Newsdesk (Al Jazeera) · 12 d ago
Business
Ahsan Iqbal Highlights Economic Recovery, Urges Youth to Drive Pakistan Economy
Federal Minister Ahsan Iqbal emphasized the nation's economic recovery and called upon young people to help Pakistan achieve a $1 trillion economy, according to the Pakistan Observer.
AUZZ Newsdesk (Pakistan Observer) · 12 d ago
Business
Chinese robotics giant Unitree debuts on Shanghai's Star market
According to BBC Business, shares in Unitree, described as the world's biggest humanoid robot maker, began trading on Wednesday.
AUZZ Newsdesk (BBC Business) · 12 d ago
Business
Vinted users claim wrongful suspensions over policy enforcement
According to BBC Business, thousands of Vinted users have reported being suspended or permanently banned from the preloved app, with some citing minor infractions.
AUZZ Newsdesk (BBC Business) · 12 d ago
Business
Petrol Price Rises by Rs3.34, High-Speed Diesel by Rs5.27
The government has increased the retail price of petrol to Rs334.54 per litre and high-speed diesel to Rs395.69 per litre, effective August 19.
AUZZ Newsdesk (Dawn) · 12 d ago
Business
Pakistan: Fuel Prices Rise for Second Consecutive Day, Petrol Exceeds Rs334
According to the Pakistan Observer, Pakistan has experienced a new increase in fuel prices, with petrol crossing Rs334 and high-speed diesel nearing Rs400 per litre.
AUZZ Newsdesk (Pakistan Observer) · 12 d ago
Business
India's FY27 Growth Forecast at 6.8% Amidst West Asia Crisis and El Nino
India's economic growth is projected to decelerate to 6.8% by fiscal year 2027, according to The Hindu, influenced by the West Asia crisis and El Nino phenomenon.
AUZZ Newsdesk (The Hindu) · 12 d ago
Business
Government to Allocate Additional Gas for Domestic PNG
The Government plans to allocate an additional 200 SCM gas, reportedly aiming to help City Gas Distributors (CGDs) manage elevated LNG-sourcing costs.
AUZZ Newsdesk (The Hindu) · 12 d ago
Business
SME Auto Parts Sector Raises Concerns Over Luxury Vehicle Tax Relief
Pakistan's SME auto parts sector has reportedly expressed apprehension regarding proposed tax cuts on luxury vehicles.
AUZZ Newsdesk (Pakistan Observer) · 12 d ago
Business
India's July Crude Import Bill Climbs 41% Amid West Asia Crisis, Says Report
According to a report, India's crude import bill surged by 41% in July, coinciding with volatile prices for benchmark Brent crude attributed to events in West Asia.
AUZZ Newsdesk (The Hindu) · 12 d ago
Business
Global Government Borrowing Costs Rise, Interest Rates Increase
According to BBC Business, interest rates on long-term government debt for several major economies have recently surged.
AUZZ Newsdesk (BBC Business) · 12 d ago