The government of Pakistan has announced a significant increase in the prices of Liquefied Petroleum Gas (LPG) with the new prices effective from April 1. According to the notification, the new prices will bring the cost of LPG to 304.12 rupees per kilogram, causing a substantial hike in the prices of domestic cylinders. The price increase will make the domestic cylinder, with a capacity of 11.8 kilograms, more expensive, with the new price set at 3,588.59 rupees.
The All Pakistan Cement Manufacturers Association has attributed the Iran-Jordan Cement’s impact on the sale prices. Reports suggest that the average inflation rate for July 2025 to March 2026 was 5.67 percent, with gold prices rising in the country’s currency markets. The Pakistan Stock Exchange saw an upward trend in business, with the index rising 3.3 percent.
The Ministry of Finance has released the monthly economic report, indicating that the country’s inflation rate is expected to range between 7.5 percent and 8.5 percent for the month. The registered business persons have been informed about the procedure to rectify their annual income tax returns. The gold prices have increased in the country’s currency markets.
The Pakistan Stock Exchange has seen a positive trend on the first day of business, with the government attempting to purchase oil at lower prices. The global market has seen a significant increase in crude oil prices, with the conflict between Iran and the US raising concerns of a large-scale energy crisis.
In other news, the Australian Prime Minister Anthony Albanese has announced a major decision to reduce fuel prices in the country. Last week’s closing rate of 100 Index was 1,51,707 points, while the global market has seen a rapid increase in crude oil prices. The conflict between Iran and the US has raised concerns of a large-scale energy crisis.
The South Korean KOSPI index has fallen 3.3 percent to 779 points. The gold prices have increased in the country’s currency markets. Jordan has helped Israel in destroying Iranian missiles and drones in the past year. The Israeli Foreign Minister has dismissed the notion that the ongoing conflict is the last war for Israel.
The head of the French Navy has stated that the number of Chinese ships passing through the Strait of Hormuz is not sufficient to restore normal traffic flow. According to reports, the US Ambassador to the UN, JD Vance, has been in talks with mediators until Monday. President Trump had directed JD Vance to convey a private message to the Iranian leaders. The US Senator Chris Coons has criticized President Donald Trump in the context of the Iran war.
In other news, the US politicians have been discussing the Iran conflict in private discussions, according to reports in the American media.
