Tag: Hike

POL price hike: Fares raised within hours

As soon as the hike in petroleum prices was notified, transporters raised the fares, augmenting the miseries of commuters. Transporters increased fares and started...

Govt allies reject POL price hike

The Muttahida Qaumi Movement (MQM) and Awami National Party (ANP), two leading allies of the Pakistan People’s Party, on Saturday rejected the latest increase...

POL prices likely to go up by Rs7.77 per liter

Prices of petroleum products are likely to be increased up to Rs7.77 per litre, media reports said on Friday. The petroleum ministry received recommendations by...

Oil soars in Asia on Gulf of Mexico supply disruption

Crude prices surged in Asia Monday as supply of oil and gas from the Gulf of Mexico was curtailed after Tropical Storm Isaac forced...

Oil soars in Asia on Gulf of Mexico disruption

Crude prices surged in Asia Monday as supply of oil and gas from the Gulf of Mexico was curtailed after Tropical Storm Isaac forced...

Oil up in Asia on renewed Europe optimism

Crude oil prices rose in Asia Wednesday on growing hopes of imminent European Central Bank intervention to ameliorate the eurozone debt crisis, analysts said. New...

Increase in POL prices likely from August 16

Petroleum product prices are likely to be increased by Rs1 per litre from August 16, media reports said. According to sources, the price of petrol,...

Vegetable, fruit prices inflate

The data collected by FAFEN monitors observing prices of 52 commodities and services at 194 retail outlets in 107 districts across Pakistan shows that...

Forex reserves jump to $15‚542 bn

Country's foreign exchange reserves surged by $967 million to more than $15‚542 billion on receipt of $ 1.18 billion under Coalition Support Fund (CSF). According...

‘Iran-Afghan trade ties up by 15%’

The trade exchanges between Iran and Afghanistan have witnessed a 15% increase during the current Iranian year (started on March 20) compared with the...

Not another LPG price hike!

Local producers of liquefied petroleum gas (LPG) have increased prices by Rs 19,000 per ton in accordance to a rise in its international prices...

Traders, industrialists condemn power tariff hike. Yep. Again…

The traders and industrialists in this commercial hub have rejected what they called it the fresh unjustified raise in power tariff allowed by...

Power shortfall reaches 4,540MW

Power shortfall in the country has reached 4,540MW. According to the Ministry of Water and Power sources, the generation of electricity is 13,949MW while requirement...

Japan shares open slightly higher

Tokyo stocks opened 0.09 percent higher on Thursday after US markets fell on the latest news from the Federal Reserve which showed few signs...

Pakistan begins work to speed NATO supply transit

Pakistan is increasing the capacity for NATO trucks at a key border crossing, in order to speed up the processing time for an expected...

Govt eyeing another hike in power tariff

The government apparently is not thinking of the backlash it might have to face from the public while taking a decision regarding an increase...