Tag: Price

Weekly inflation witnesses nominal increase

The Sensitive Price Indicator (SPI), for the week ended on October 6, 2011, for the lowest income group up to Rs.8,000, has registered a...

Power price hike to mar SBP efforts to control inflation

The government’s intention to raise power tariff by four percent would be a serious blow to the efforts of State Bank of Pakistan (SBP)...

Pakistan paying heaviest price

President Asif Ali Zardari said Pakistan has paid the heaviest price in the war against terrorism and is still determined to pursue the struggle...

Business community opposes POL price hike

Business community has rejected the recent unfair increase in petroleum prices and demanded the government to withdraw Rs4.15 and Rs1.51 per liter increase in...

PML-N files adjournment motion against hike in petrol prices

Pakistan Muslim League (N) has filed an adjournment motion against the increase in petrol prices at the secretariat of the National Assembly. The motion says...

Sindh floods to inflate urea price

The prices of urea are likely to go up during the coming months due to flood situation in the Sindh province, analysts have warned....

Gold prices hit record low in 28 years

Gold prices have fallen to US $1639 per ounce which is the lowest value for past 28 years. There has been a drop of $...

OGRA determination fixes consumer price at Rs115/kg

Despite the fact that public sector liquefied petroleum gas (LPG) producers have decided not to pass on the impact newly imposed 16 per cent...

OGRA reduces price of LPG by Rs 11 per kg

After the imposition of Petroleum Development Levy (PDL), Oil and Gas Regulatory Authority (OGRA) has reduced the price of LPG by Rs 11 per...

Consumer Price Index declines to 11.56pc

The change of base for calculating inflation based upon the consumer price index (CPI) results in a sudden fall of CPI to 11.56 per...

Price vs value

Pakistan’s economic woes seem unending. With macro variables in a nightmarish slump and the growth rate still not rebounded from last year’s flood, the...

Oil release a game changer despite price bounce

It might not sound like much of a victory. The United States and other oil-consuming countries release emergency stocks of oil to put a...

PML-N tables motion against increase in power tariff, faulty PIA aircrafts

Pakistan Muslim League (N) on Thursday submitted adjournment motion regarding increase in the electricity tariff and three recent incidents involving PIA ATR-42 aircrafts, in...

Israel seeks calm with Turkey, but not at any price

Israel wants to calm a fierce row that has erupted with one-time ally Turkey over a 2010 raid on an aid flotilla, but not...

Gold prices come down to Rs.57,000 per tola

Gold price has drastically dipped in local market by whopping Rs.4,000 per tola. The plunge has served a severe blow to many a seasonal investor...

Government fails to reply on petition against price hike

The federal and Punjab governments failed to file a reply in the Lahore High Court (LHC) on Tuesday to a petition questioning inflation and...

IESCO pays the price for CDA’s ‘mess-up’

Clumsiness of the Capital Development Authority’s (CDA) contractor for the Kashmir- Highway caused severe damage, as during digging work on Kashmir-Highway, labourers damaged IESCO’s...