LONDON: A key index tracking the prices of industrial metals, including aluminium, copper and zinc, has struck record heights as soaring energy prices reduces their production. The London Metal Exchange Index reached an all-time peak at 4,623.4 points. It represents a 35-per cent jump for the LME index since the start of the year, while … Read more
ISLAMABAD: The revival of economic activities domestically has surged import bill, mainly due to an increase in the prices of raw materials for consumer and capital goods, especially during the last three months. The substantial rise in the international commodity prices is the major reason for the increase in import bill, which has put pressure … Read more
The world’s leading oil producers are expected to uphold a July deal to slowly boost output at a meeting on Wednesday, despite US pressure to go further. OPEC (Organisation of the Petroleum Exporting Countries) members led by Saudi Arabia along with allies including Russia, known collectively as OPEC+, decided in July to raise output by … Read more
ISLAMABAD: Prime Minister Imran Khan on Monday directed the provincial chief secretaries to ensure all possible administrative measures to stabilise the prices of basic essential items, particularly monitoring of the illogical difference of prices at wholesale and retail levels. Presiding over a meeting to review the demand and supply, as well as the prices of … Read more
ISLAMABAD: Overall Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on August 12 recorded an increase of 0.61 per cent compared to the previous week, the SPI data released by Pakistan Bureau of Statistics (PBS) revealed on Friday. The data had shown that prices of tomatoes and chicken surged on WoW basis by … Read more
KARACHI: Pakistan stocks started the day with a strong footing and remained in the green zone throughout the day. The market was driven by the healthy corporate results along with some surprise dividend payouts, dealers said on Wednesday. Ahsan Mehanti at Arif Habib Corp said that the stocks showed recovery, amid a spike in the … Read more
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has proposed a nominal increase in prices and decrease in diesel prices. In a summary presented before the Petroleum Division, the authority suggested an increase of Rs1.71/litre in the petrol prices and a decline of Rs2.27/litre in the prices of diesel. It also proposed an increase of … Read more
ISLAMABAD: Prices of various food items witnessed a declining trend during the week ended July 29, 202, compared with the previous week, according to the Sensitive Price Indicator (SPI) data released by the Pakistan Bureau of Statistics (PBS) on Friday. Prices of chicken slid 18.35 per cent, whereas the price of bananas declined 1.32 per … Read more
ISLAMABAD: The federal government has reduced levy on petrol to zero to lessen the burden of the rising global prices of the commodity on consumers, an official said on Saturday. In a tweet, Minister of State for Information and Broadcasting Farrukh Habib said that the government has brought down the sales tax on petrol to … Read more
PML N cannot accept upcoming “anti-people” budget, says PML-N leader Miftah Ismail In the last 2 years, the rate of inflation has not gone below 10%, deplores Ismail He said that Finance Minister Shaukat Tarin is right when he says that the “economy is in shambles because of Imran Khan” PML N will not let … Read more
Prime Minister Imran Khan has said that strict measures should be taken to reduce the prices of food items. According to details, a meeting was held under the chairmanship of Prime Minister Imran Khan on food prices in which the Prime Minister became active on inflation across the country. [embedpost id=”50366″ slug=”overseas-pakistanis-are-asset-of-country-pm-imran-khan”] The Prime Minister … Read more
The prices of petroleum products have been increased. The sources of the ministry of finance said that the prices of petroleum products have been increased on the occasion of Eid-ul-Adha. [embedpost id=”50366″ slug=”govt-decides-to-change-prices-of-petroleum-products-every-15-days”] According to the details, high speed diesel price has been increased by of Rs 5 per liter. The price of Kerosene has … Read more
The Oil and Gas Regulatory Authority (Ogra) on Friday notified an increase in the price of liquefied petroleum gas (LPG) by Rs 1.56 per kg for August 2020. According to the notification issued The 11.8 kg domestic cylinder will be available at Rs 1363.55. Earlier it was reported that following the end of an LPG … Read more
The government to increase the Liquefied Petroleum Gas (LPG) prices after the hike in petrol prices. According to the details, The Oil & Gas Regulatory Authority (OGRA) has issued LPG price notification for July today (June 30). [embedpost id=”50366″ slug=”petrol-prices-increase-by-rs-25-per-litre”] The sources said that OGRA issues notification to increase LPG price by Rs 3.96 per … Read more
Senior Minister Punjab & Food Minister Abdul Aleem Khan has appealed to Flour Mills Owners to announce a voluntary reduction in flour prices during the holy month of Ramadan. Due to Corona Virus, in the light of the Punjab Government’s decision not to hold Ramadan markets, make sure that the flour continues to be available … Read more
Gold prices has dropped by Rs. 2500 per tola and traded 90,500 per tola in Pakistan due to de-escalation of regional tensions. 10-gram gold price fell Rs2,141 to Rs77,590. The price of silver remained constant and traded at Rs 1070 per tola 10 gram silver traded at Rs 917.35. In international market, the price of … Read more
Oil and Gas Regulatory Authority (Ogra) has sent a summary of price reduction to the Petroleum Ministry. According to the details, the Government is likely to decrease the petroleum product prices as OGRA has sent a summary of price reduction to the Petroleum Ministry. Under the summary, the regulator has proposed to reduce the price … Read more
The government on Monday decided to keep prices of petroleum products unchanged for the month of October. According to a press release, the government has decided to maintain the prices of petroleum products at the current level to offset expected increase in the prices for the month of November 2019. It is noteworthy that Oil … Read more
