Year: 2022

The Petroleum Division (PD) on Thursday said petrol price in the international market had witnessed a sharp increase during the current year, but Pakistan maintained it at the lowest level despite financial constraints for facilitation of the masses. Currently, the PD in a tweet said, more than three-quarter countries of the world were selling the commodity at the higher rate as compared to Pakistan. Drawing a prices’ comparison, it said Pakistan was providing per litre petrol at the rate of Rs233.89 to consumers, Bhutan Rs244.98, Sri Lanka Rs258.89, Kenya Rs281.84,…

The tariff may be passed in three phases, Rs3.5/unit in July, Rs3.5/unit in August and remaining Rs 0.91/unit may be passed on to the consumers in the month of October 2022. The federal government has decided to pass on Rs7.91 per unit determined by Nepra in three phases, along with Rs0.20 per unit hike on account of subsidy rationalization phase-II, well-placed sources in Power Division told Business Recorder. The Power Division presented two options before the Economic Coordination Committee (ECC) of the Cabinet, however, during the meeting, some of the members…

The Sindh government Friday notified closure of markets across the province at 9pm in order to save electricity, as the country faces constant power outages causing immense inconvenience to the people due to the rising temperatures. The measure, which will remain in effect till July 16, is in response to the power outages and load shedding and seeks to reduce the shortfall between the supply and demand of electricity, according to the notification. It was decided that the morning hours must be utilized for business activities, said the notification. The…

Administrator Karachi Barrister Murtaza Wahab on Friday said that environmentalists agree that plastic bags are a major cause of environmental pollution. “Citizens should discourage the use of plastic bags. The ban on plastic bags has been in place since June 15. I would like to ask the citizens to support the law enforcement agencies and KMC in this regard,” the administrator said in a statement issued from his office. Barrister Murtaza Wahab asked the citizens, shopkeepers, traders and manufacturers to play their role in ensuring the ban and cooperate fully…