Starting July 1, petrol prices in Pakistan are slated to rise by Rs7 per litre, with high-speed diesel (HSD) increasing by Rs8 per litre. This adjustment comes in response to escalating international market rates, following four consecutive price cuts since May. There is potential for further increases if the Petroleum Development Levy (PDL) is raised…
In a significant development, rice prices have taken a sharp nosedive over the past two months, mirroring the earlier declines in wheat and flour prices. The Punjab government’s effective measures have led to a substantial drop of Rs60 per kilogram in rice prices. Several varieties of rice, including Super Kainat, Super Basmati, and Super Kernal,…
The Pakistani government is preparing to raise petrol prices by approximately Rs7 per litre for the first half of July 2024, citing increased international oil costs. This move follows four consecutive reductions that collectively lowered prices by Rs35 per litre. Simultaneously, the government plans to hike the price of high-speed diesel (HSD) by about Rs10.50…
Professional butchers, known as qasais, experience a surge in demand and earnings as Eid approaches. This year, their services are in high demand, with charges ranging from 30,000 to 50,000 rupees per calf slaughtered. A skilled qasai, capable of handling 8 to 10 calves in a day, stands to earn up to 500,000 rupees on…
Starting June 16, consumers in Pakistan can anticipate a significant relief at the pump, with petroleum product prices expected to decrease by up to 9 rupees per liter. This welcome news follows recent budget announcements and estimations from sources within oil marketing companies. Petrol prices are forecasted to drop by approximately 9 rupees per liter,…
Pakistan’s 2024-25 budget marks a pivotal shift towards sustainable energy with a significant reduction in import costs for solar energy-related items. Spearheaded by Finance Minister Muhammad Aurangzeb, this initiative aims to bolster the adoption of renewable energy and reduce the nation’s reliance on traditional fuel sources. Under the new measures, import expenses for essential components…
Pakistan Railways has unveiled a significant 25% decrease in train fares for passengers traveling during the upcoming Eid-ul-Azha festivities. This reduction is applicable to all regular passenger trains operated by Pakistan Railways, with the exception of special Eid trains. The primary objective behind this initiative is to render train travel more affordable and accessible for…
Today, Pakistan experienced a significant decline in gold prices, marked by a drop of Rs 3,600 per tola. This adjustment brings the new price of gold per tola to Rs 239,400, according to the latest report from the All Pakistan Gems and Jewellers Association. Furthermore, the price of 10 grams of gold has also witnessed…
The Meat Merchants Association in Karachi has unveiled the anticipated rates for animal sacrifices during Eid-ul-Adha 2024, aiding individuals in planning their Qurbani arrangements. According to their announcement, the costs for sacrificial animals are as follows: Nadeem Qureshi, representing the association, clarified that rates for sacrifices on the subsequent two days of Eid are expected…