prices
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Gold prices go up locally amid rise in international market
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[ad_1] A shopkeeper sets gold jewellery at his store in Rawalpindi in this undated file photo. — AFP/File KARACHI: International rates of gold pushed prices in the local market by more than Rs2,000 per tola on Thursday. The price of gold (24 carats) gained Rs2,600 per tola and Rs2,230 per 10 grams to settle at…
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Oil prices up by 2% to 10-week high | The Express Tribune
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[ad_1] NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling US dollar, hopes for higher demand in the developing world and supply cuts by the world’s biggest oil exporters. Brent futures rose $1.51, or 1.9%, to $79.20 a barrel by 1530 GMT. US West Texas Intermediate (WTI)…
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World food prices fall to lowest in 2 years | The Express Tribune
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[ad_1] ROME: The United Nations food agency’s world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products. The Food and Agriculture Organisation’s (FAO) price index, which tracks the most globally traded food commodities, averaged…
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Dar says no change in petrol, diesel prices for next fortnight
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[ad_1] A closeup of a fuel gun. — AFP/File Finance Minister Ishaq Dar announced that the government is not changing the petrol price in the country for the next fortnight. He made the announcement while addressing the media in Islamabad on Thursday. Product Existing prices w.e.f 01.06.2023 New prices w.e.f 16.06.2023 Change Petrol Rs262 Rs262…
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Pakistan’s CPI inflation spikes to record high on runaway food prices
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[ad_1] An undated image of consumers buying fresh vegetables from a local market. — AFP/File The consumer price index (CPI) based inflation in Pakistan surged to a record 38% on a year-on-year (YoY) basis in May 2023, the highest since July 1965, largely fired up by runaway food prices that continue to defy curbs. Pakistan…
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Will mobile prices drop in Pakistan?
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[ad_1] A representational image of mobile phones. — Canva ISLAMABAD: As the mobile industry reels from the impact of the economic crunch triggered by high taxes and restrictions on imports, the government has decided to consider budget proposals submitted by mobile phone traders. According to a report published in The News, the Federal Board of…
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Massive reduction announced in petrol, diesel prices | The Express Tribune
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[ad_1] The federal government on Monday announced a massive reduction in the prices of petroleum products in the country following a declining price trend in the international oil markets. “The government has decided to reduce the existing prices of petroleum products in order to pass on the benefits of decreasing price trend of petroleum products in the…
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Pak Suzuki hikes bike prices
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[ad_1] Suzuki GS 150 bike parked outside a showroom in Karachi. — The News/Illustration One of the major players in the two-wheeler segment in terms of market share, Pak Suzuki Motors, Monday announced increasing the rates of its motorcycles as the automobile sector faces difficulties in its operations due to the rupee’s devaluation. The new…
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Oil prices drop more than a dollar | The Express Tribune
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[ad_1] TOKYO: Oil prices dropped more than a dollar a barrel on Monday after weak economic data from China and expectations of another US interest rate hike outweighed support from OPEC+ supply cuts that take effect this month. Brent crude fell $1.27, or 1.6%, to $79.06 a barrel by 1521 GMT. US West Texas Intermediate…
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Prices of Atlas Honda bikes jacked for fourth time in 2023
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[ad_1] An undated image of Atlas Honda’s 125cc model bike. — Twitter/@honda2wheelerin For the fourth time in 2023, Pakistan’s biggest player in the two-wheeler segment in terms of market share — Atlas Honda — has hiked prices of motorcycles by up to Rs5,000-15,000. The new rates will be applicable from May 1 onwards, according to…
