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SNGPL seeks 147% hike in gas price
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[ad_1] LPG cylinder with a stove is being sold at a shop in Hyderabad on March 17, 2024, as the demand for composite cylinders has increase in the city amid prolonged gas load-shedding. โPPI LAHORE: The Sui Northern Gas Pipelines Limited (SNGPL) has sought from the Oil and Gas Regulatory Authority (Ogra) to increase the…
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Govt maintains petrol price for next fortnight
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[ad_1] Employees at a fuel station attend to their customers in Islamabad, Pakistan, on February 16, 2022. โ AFP/File ISLAMABAD: The newly-elected government led by Prime Minister Shehbaz Sharif Friday maintained the price of petrol for the next fortnight at Rs279.75 per litre. In a statement, the Finance Division said the price of diesel had…
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HSD price reduced by Rs1.77 per litre, petrol left unchanged | The Express Tribune
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[ad_1] In a move to provide some relief to people during Ramazan from the persistently high inflation, the federal government on Friday reduced the price of high-speed diesel (HSD) by Rs1.77 per litre while maintaining the tariffs of petrol, according to a statement issued by the Finance Division. According to the statement, the HSD would…
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SPI rises to 7-week high amid gas price surge | The Express Tribune
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[ad_1] KARACHI: Pakistanโs inflation rose to a seven-week high at 1.27% in the week ending February 29, primarily due to the recent significant increase in gas prices by the government, which greatly influenced the short term inflation figures. The weekly SPI (Sensitive Price Indicator) inflation had slowed to 0.04% in the previous week ending February…
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Petrol price increased by Rs4.13 per litre for next fortnight
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[ad_1] A fuel station worker refills a car’s petrol tank. โ AFP/File ISLAMABAD: In line with the global oil rates, the outgoing caretaker government has increased the price of petrol by Rs4.13 per litre for the next fortnight. The new petrol price is Rs279.75 per litre, a notification from theย Finance Division read, which will remain…
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Alibaba Cloud announces steep price cut | The Express Tribune
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[ad_1] HONG KONG: Chinaโs Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe price cut to date, amid intensifying competition to attract heavy users, particularly artificial intelligence (AI) software developers. This would be the second time the cloud arm of Chinese e-commerce…
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Gas price hike for fertiliser plants sought | The Express Tribune
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[ad_1] ISLAMABAD: The government has initiated discussions to increase gas prices for the remaining six fertiliser plants aimed at preventing the possibility of windfall profits of around Rs100 billion due to its earlier decision to raise prices for only four plants. The issue of gas prices in the range of 175%, or Rs1,017 per mmbtu,…
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Gas price surge expected to propel inflation to 25% | The Express Tribune
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[ad_1] KARACHI: The latest hike in gas and petroleum oil prices for households and industrial consumers in February is estimated to increase the inflation rate by almost half a percentage point to around 25% in the current fiscal year 2023-24, reducing the likelihood of a token cut in the benchmark interest rate in mid-March 2024.…
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Govt approves Rs2.73 per litre petrol price hike
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[ad_1] A fuel station worker fills petrol in a motorbike in Karachi, on October 16, 2023. โ PPI As the country battles rampant inflation, the caretaker government Thursday announced an Rs2.73 per litre hike in petrol price for the next fortnight to Rs275.62 per litre. As per the notification issued by the Finance Division, the…
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Traders urge govt to withdraw gas price hike | The Express Tribune
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[ad_1] KARACHI: Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Muhammad Farooq Shaikhani has hit out at the Economic Coordination Committee (ECC) for its decision to make a massive increase of 65% in gas tariffs. He appealed to all political leaders and the countryโs rulers to withdraw the gas price hike promptly to…






