The government of Pakistan has decided to decrease the price of petrol by Rs15.39 for May 2024, bringing the new rate to Rs273.10 per liter. This reduction in petrol and diesel prices follows the recommendation of the Oil and Gas Regulatory Authority (OGRA). According to a notification from the Finance Ministry, the price of petrol…
In Pakistan, the prices of essential items have gone down according to the latest report by the Pakistan Bureau of Statistics (PBS). The Sensitive Price Index (SPI) for the week ending on May 9, 2024, has dropped by 1.39 percent. This decrease is mainly due to lower prices of onions, chicken, wheat flour, LPG, bananas,…
Next week, it’s anticipated that the prices of MS petrol and High-Speed Diesel (HSD) will go down because international oil prices have fallen by more than $6 per barrel recently. On May 16, 2024, the federal government is expected to lower the price of petrol by Rs. 12 per liter and diesel by Rs. 9.7…
The cost of solar panels in Pakistan has gone down again. This happened because the government put taxes on homes and businesses that use solar panels. People who sell things say that in the last six months, the price of solar panels in Pakistan fell by 30%. This is good news for people who want…
The auto industry in Pakistan is facing a tough time as prices, especially for small cars like the Suzuki Alto, are climbing higher. Despite decreases in prices for larger vehicles, the disparity is striking, especially when compared to neighbouring India. Price Comparison: In Pakistan, the Suzuki Alto kicks off at a staggering Rs 23.31 lakh,…
Abdul Sami Khan, speaking at a press conference in Karachi, expressed grave concerns about the plan to deregulate fuel prices. He emphasized that if this were to happen, it would lead to significant harm to both the fuel industry and the general public, who might face difficulties accessing quality fuel. According to Khan, the deregulation…
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…
LAHORE: The cost of chicken in Punjab has gone up during Ramadan, but the government hasn’t taken strong action against those making big profits. This rise in prices is making it harder for people to buy, with poultry meat now selling for Rs 650 to 660 per kg in local markets. That’s a big jump…
Gold prices in Pakistan have surged for the third consecutive day, settling at Rs. 214,800 per tola on Wednesday. This increase marks a notable rise in the value of gold. Data from the All-Pakistan Gems and Jewellers Association (APGJA) reveals that the price of gold, specifically 24 carats, has escalated by Rs. 2,000 per tola,…