Today, the Parliament House in Pakistan is abuzz with anticipation as the joint session of Parliament convenes. Ayaz Sadiq, the Speaker of the National Assembly, will preside over the session, which marks a significant event in the country’s legislative calendar. At 4 pm, President Asif Ali Zardari is scheduled to address the joint session, making…
Punjab’s Chief Minister, Maryam Nawaz, has reduced the price of roti by Rs4 to Rs16 to alleviate the impact of inflation. She announced the decision via Twitter and instructed strict implementation across the province. While citizens welcomed the move, nanbai associations rejected it, citing the absence of subsidies on essential resources like gas and electricity….
Mobile phone prices have been steadily rising in recent years, burdening consumers with increased costs. However, there’s good news for people feeling the pinch of inflation: phone rates have dropped by up to 15 percent in Pakistan, thanks to the local currency gaining strength against the dollar. The positive signs of economic recovery have played…
Before Eidul Fitr, the cost of petrol is expected to increase by around Rs10-11 per litre from April 2024 onwards for the next two weeks. This increase is mainly due to higher import premiums and global prices. Conversely, the price of high-speed diesel (HSD) is predicted to decrease by up to Rs1.3 per litre. Currently,…
Residents of Pakistan are confronting persistent inflationary pressures, with Sui Northern Gas Pipelines Limited (SNGPL) now advocating for a substantial rise in gas tariffs. According to reports from local media outlets, the Sui Northern Gas company has put forth a proposal for the third gas price hike in 2024. Insiders familiar with the situation have…
The hopes for relief from soaring utility bills in Pakistan appear to be fading away as the government’s promises collide with the stark reality of impending electricity tariff hikes. Despite pledges to alleviate the financial strain on the populace, a new wave of price adjustments threatens to further burden consumers. With many already paying over…
Sui Northern Gas Pipelines Limited (SNGPL) has appealed to the Oil and Gas Regulatory Authority (Ogra) for a significant increase in gas prices by 147%, following a similar request from Sui Southern Gas Company (SSGC). This proposed hike, if approved, would impact over 7.22 million consumers in Punjab, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir….
Pakistan Railways declared on Monday January 01, 2024 that it made Rs41 billion in the first half of this financial year, which is much more than what it earned during the same period last year. However, operational costs and other financial details were not disclosed by the management. During the first six months of the…