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Petrol and Diesel Prices Hiked in Pakistan Petrol and Diesel Prices Hiked in Pakistan: Rs5 and Rs7.32 Increase Effective from February 16

  The government has raised petrol prices by Rs5 per litre to Rs258.17 and high-speed diesel (HSD) by Rs7.32 to Rs275.70 per litre for the fortnight ending February 28, 2026. Announced late on Sunday from Islamabad, the revision stems from rising international crude rates and input from the Oil and Gas Regulatory Authority (Ogra). This comes as a fresh blow to households already grappling with inflation, especially with diesel fueling much of the transport and agriculture sector.  How the Hike Hits Everyday Life Diesel’s jump now at Rs275.70 will ripple through trucking, buses, tractors, and even trains, pushing up costs for vegetables, grains, and daily essentials. Petrol at Rs258.17 affects bikes, rickshaws, and cars, squeezing middle-class budgets in cities like Karachi and Lahore. The Petroleum Division’s notification highlights these as key revenue drivers, with monthly sales hitting 700,000-800,000 tonnes. Levies and Government Revenue Angle Even with zero GST on fu...

Ishaq Dar first foreign minister in 13 years to officially visit Dhaka

 


Deputy Prime Minister Ishaq Dar arrived in Dhaka on Saturday for an official two-day trip, marking the first state visit by a foreign minister to Bangladesh in 13 years, the Foreign Office (FO) said.

Ever since a popular uprising in Bangladesh saw Sheikh Hasina’s government being toppled in August of last year, there has been a thaw in ties between Islamabad and Dhaka, with trade and bilateral relations seeing a marked improvement.

According to a press release by the FO, Dar arrived in Dhaka today “on a landmark official visit from August 23-24” on the invitation of Bangladesh’s government.

was received by Bangladesh Foreign Secretary Ambassador Asad Alam Siam, High Commissioner of Pakistan to Bangladesh Imran Haider, High Commissioner of Bangladesh to Pakistan Muhammad Iqbal Khan and officials of the Pakistan High Commission, it said.

The press release added, “During the visit, the deputy prime minister will hold important meetings with the Bangladeshi leadership, including Chief Adviser Professor Muhammad Yunus, Adviser for Foreign Affairs Mr Md Touhid Hossain, and Adviser for Commerce Mr SK Bashir Uddin.

“Discussions will encompass the entire spectrum of bilateral cooperation including regional and international issues of mutual interest.”

FM Dar received a delegation of the National Citizen Party (NCP), led by General Secretary Akhtar Hossain. He appreciated the NCP leadership’s vision for reform and social justice and emphasised the need for greater interaction between the youth of Pakistan and Bangladesh.

The delegation members apprised FM Dar on different facets of countrywide political mobilisation in 2024. The FO said the two sides also discussed possibilities to promote cultural exchanges between Pakistan and Bangladesh in the days ahead.

The deputy PM also held a meeting with a delegation of Bangladesh’s Jamaat-i-Islami, led by Naib Amir Dr Syed Abdullah Mohammed Taher.

“The ways to strengthen Pakistan-Bangladesh relations and the recent developments in the region were two key areas of discussion. The DPM/FM lauded the courage and steadfastness of the Jamaat leaders and activists in the face of hardships and difficulties,” the FO said.

Earlier today, the FO wrote on X that Dar embarked on a “historic visit to Bangladesh” as the deputy premier departed from the Nur Khan Airbase in Rawalpindi. “In Dhaka, he will hold important meetings with Bangladeshi leaders,” it added.

“The visit is a significant milestone in Pakistan-Bangladesh relations as a Pakistani foreign minister is visiting Bangladesh after a gap of around 13 years,” the FO highlighted.

The last time a foreign minister paid an official visit to Dhaka was in November 2012, when Hina Rabbani Khar made a six-hour visit to Bangladesh to formally invite then-prime minister Sheikh Hasina to a summit in Islamabad later that month.

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