Tue, 21-Oct-2025

Turkish government imposes higher fines for stockpiling amid soaring inflation

Turkish government

ANKARA: The Turkish parliament on late Wednesday passed a law increasing fines for stockpiling in the face of the sharp fluctuations in the prices of goods in Turkey as the annual inflation has soared to a 19-year high. The law envisages imposing higher fines between 100,000 Turkish Liras (around $7,334) and 2 million Turkish Liras … Read more

IHC issued notice against government action on petroleum stockpiling

IHC

ISLAMABAD: The Islamabad High Court (IHC) has issued notices to the Ministry of Energy, OGRA, Fuel Crisis Committee and the Federal Investigation Agency (FIA) rejecting Attock’s petition seeking restraining order against government action on stockpiling of petroleum products. According to details, Chief Justice of Islamabad High Court Athar Minullah heard the petition of Attock Oil … Read more