Business - Geo News https://www.geo.tv/ Latest Business news and updates from Geo.tv Mon, 06 Jul 2026 16:54:21 +05:00 en-US <![CDATA[Oil slips after Opec+ agrees to raise output targets]]> ]]> <![CDATA[Turkiye objects to Pakistan's revised methodology in soda ash case]]> ]]>

Trade ministry challenges revised methodology.5% benchmark sought again.Final determination still under review.

ISLAMABAD: Turkiye’s Ministry of Trade has formally objected to a...]]> <![CDATA[Cabinet division's rare disclaimer raises alarm over official names used by housing societies]]> ]]>

Disclaimer says official titles can create misleading impressions.Cabinet Division rejects any link to named housing scheme.Societies using state institutions’ names now face fresh scrutiny.

 <![CDATA[Opec+ tipped to raise quotas again as Middle East calms]]> ]]> <![CDATA[PM's maritime reforms: 85 of 99 action points completed in 18 months]]> ]]> In a significant achievement, the Reform Implementation Committee has completed 85 of the 99 action points under the prime minister's maritime reform agenda in one and a half...]]> <![CDATA[Salaried class pays Rs633bn in tax, more than exporters, retailers and real estate combined]]> ]]> ISLAMABAD: Pakistan's salaried class...]]> <![CDATA[Govt cuts petrol, diesel prices by Rs1.97 per litre]]> ]]>

Petrol price cut from Rs299.50 to Rs297.53 per litre.Diesel price reduced from Rs311.47 to Rs309.50 per litre.New fuel prices take effect...]]> <![CDATA[Lillah-Jhelum dual carriageway project targeted for completion by December]]> ]]> A follow-up review meeting chaired by Minister of State for Finance and Railways Bilal Azhar Kayani on Friday decided to complete the Lillah-Jhelum dual carriageway project by...]]> <![CDATA[Oil up slightly ahead of long US weekend as peace efforts hold]]> ]]> <![CDATA[Pakistani olive oil brand wins gold medal at London competition]]> ]]> LONDON: A Pakistani premium olive oil brand has brought international recognition to the country after winning a gold medal at the London International Olive Oil Competition 2026.

The brand, founded by Mohammad Hassan Tareen,...]]> <![CDATA[World Bank asks Pakistan to revise NFC Award formula]]> ]]>

On BISP, World Bank seeks cost-sharing from all provinces.Expenditure assignments remain incompletely implemented: WB.WB suggests adopting horizontal distribution solution for...]]> <![CDATA[Oil falls for a third straight day after US-Iran talks conclude in Doha]]> ]]> Oil prices...]]> <![CDATA[Fuel prices remain unchanged as govt adjusts levies]]> ]]>

Climate Support Levy raised by Rs2.50 per litre to Rs5 per litre.Petroleum Levy on petrol and diesel reduced by Rs2.50 per litre.Same levy adjustments also apply to...]]> <![CDATA[Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopes]]> ]]> Oil prices...]]> <![CDATA[Govt establishes stabilisation fund to cope with fluctuating petroleum prices]]> ]]> <![CDATA[Oil falls as investors focus on potential Iran-US talks in Doha]]> ]]> <![CDATA[Govt hands over PIA control to new owner following successful first financial closing]]> ]]>

The Privatisation Commission of...]]> <![CDATA[Oil climbs following renewed US, Iran strikes in Middle East]]> ]]> Oil...]]> <![CDATA[Govt 'considers' buying cheap oil and gas from Iran]]> ]]> <![CDATA[Minister says 'good news likely' after petrol, diesel prices held]]> ]]>