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Economy

Iran conflict pushes U.S. fuel and transport costs up

  • by ENN News Desk

The conflict with Iran is starting to hit Americans where they spend: online sellers and shippers are adding fuel surcharges, and some airlines are raising checked-baggage fees to offset surging jet fuel expenses.

Pakistan cotton cess hike blocked, PCCC crisis worsens

  • by ENN News Desk

Lahore , April 5 (ANI) — Despite repeated high‑level meetings, formal approvals and a consensus formula endorsed years ago, the long-delayed revision of cotton cess rates has not been implemented, further straining the...

Pakistan Slashes Petrol Levy by PKR 80 per Litre

  • by ENN News Desk

Islamabad — In a late-night address, Prime Minister Shehbaz Sharif announced a PKR 80 per litre cut in the petrol levy, lowering the retail petrol price to PKR 378 per litre. The reduction takes effect at midnight and...

Oracle Cuts 12,000 Jobs in India Amid AI Pivot

  • by ENN News Desk

Oracle has reportedly cut about 12,000 jobs in India as part of a global reduction that could affect nearly 30,000 employees worldwide. The company, which employs roughly 30,000 people in India, is also said to be...

Why Condom Prices Could Rise in India

  • by ENN News Desk

Condom prices in India may climb in 2026 as manufacturers wrestle with rising costs for two critical raw materials and ongoing global supply-chain strain. Industry observers point to sharp hikes in ammonia and silicone...

Albanese Warns of Tough Months Ahead Over Fuel Disruptions

  • by ENN News Desk

Canberra, April 1 (ANI) — Prime Minister Anthony Albanese warned Australians on Wednesday that the months ahead “may not be easy” as the ongoing crisis in West Asia disrupts global fuel supplies and pushes up prices at...

IndiGo Starts Daily Kolkata–Shanghai Nonstop Service

  • by ENN News Desk

New Delhi, Updated: 12:09 PM Mar 30, 2026 IST — IndiGo has launched a daily non-stop flight between Kolkata and Shanghai, beginning March 29, as it expands international services and strengthens air links between India...

Pakistan, IMF Reach Staff-Level Deal for $1.2 Billion

  • by ENN News Desk

Pakistan and the International Monetary Fund have reached a staff-level agreement to unlock about $1.2 billion in two tranches under separate financing arrangements, the IMF said. The accord covers the third review of...