Month: July 2022

After increasing petrol and diesel prices, the government on Friday also raised the liquefied petroleum gas (LPG) rates by Rs2 per kg for the current month, according to a notification issued by the Oil and Gas Regulatory Authority. The LPG Distributors Association said the price now jumped to Rs220 per kg from Rs218. The domestic LPG cylinder will now cost Rs2,601 against Rs2,581 and the commercial cylinder Rs10,007 against Rs9,932. “The LPG is a fuel of poor people. And now it also seems going out of their buying capacity,” the…

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The government on Friday said the energy prices will keep increasing for the next three to four months because of ‘landmines laid by Imran Khan’ and then start a downward trend in November–December this year. Speaking at separate news conferences here, energy ministers – Khurram Dastgir and Musadik Malik – on Friday said the previous government had tied their hands with legal compulsions for price and there was no way out of the quagmire to provide upfront relief to the people before the completion of corrective reforms. Both ministers said…

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Engro Fertilizers issued a sustainability report on Friday highlighting the company’s progress toward environmental stewardship, social responsibility, and governance (ESG) goals. The report is based on Global Reporting Initiative (GRI) Standards and has been externally validated by an independent certification agency, the company said. It covers how core values and governance model of Engro Fertilizers incorporate sustainable practices into its day-to-day operations. Key highlights of the report include prioritisation of UN Sustainable Development Goals (SDGs) to address education, healthcare, gender equality, clean water and sanitation, decent work and economic growth,…

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