Five shops gutted due to transformer fire
CHINIOT: Five shops were gutted after a transformer placed on rusted poles fell on the ground and burst with a bang which triggered fire at Rail Bazaar here on Thursday...
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ArchiveFlour price set to rocket in Punjab amid high wheat price
LAHORE: With the federal government hinting, and the Punjab most probably following, at wheat release price of Rs1,950 per 40kg, the flour price is set to increase by a staggering 22...
73 per cent – from the current official price of Rs860 per 20 kilo to Rs1,100...
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ArchivePresident Alvi links price hike to global rise in fuel price, dollar’s rate
HYDERABAD: President of Pakistan Dr Arif Alvi has said that price hike has become a global issue and prices of essential commodities increase with rise in prices of fuel and appreciation of dollar’s rate against rupee...
IT was an expanding industry all over the world and Pakistan had also witnessed a substantial increase in IT-related income, he said...
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ArchivePakistan fails to capitalise on oil price dip: ADB
ISLAMABAD: The Asian Development Bank says that Pakistan’s economy has failed to achieve its growth potential in spite of benefiting from lower prices of oil which accounts for almost a third of its imports...
The ADB approved $1 billion for projects in Pakistan to improve transport and trade...
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ArchiveFixing Pakistan's water woes beyond regulating the price of bottled water
But even if Diamer-Bhasha reaches its funding goal, then what?The court summoned yesterday the CEOs of all bottled water companies to present data on the price of extracted water and the revenue they have made selling it...
We can question whether major bottlers are cartelised, and whether quality audits are functioning well, but let’s think here instead about what the price of water should be...
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ArchivePakistan paid the price for waking up too late
LONDON: Every World Cup failure for Pakistan sparks a wave of reviews and sackings and the promise of a fresh approach — until the team wins again and all is forgotten...
Pakistan won four straight matches to finish level on 11 points with New Zealand, but they bowed out of the tournament due to an inferior net run-rate...
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ArchivePakistan paying heavy price for ex-rulers’ lack of foresight: Imran at Tarbela extension groundbreaking
The prime minister regretted that the electricity being produced by Pakistan was the costliest in the world, saying “unfortunately the contracts we have signed bind us to ensure capacity payment, and as a result our people have to pay the price of it...
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PakistanPetrol prices in Pakistan still very cheap compared to rest of the world, says finance minister, day after price hike
Finance Minister Shaukat Tarin on Friday said petrol prices in Pakistan were cheaper than the rest of the region and the world, adding that only 16 countries had lower prices — all of them being oil producers themselves...
"The finance minister added that Pakistan had cheaper petrol prices than other regional countries as well, such as India and Bangladesh...
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BusinessPakistan fared better than others in managing price hike: PM Imran
ISLAMABAD: Prime Minister Imran Khan on Sunday said Pakistan had fared much better than other countries in the wake of unprecedented price hike brought about by Covid-19...
”However, he said, “Pakistan Masha Allah has fared relatively better in meeting the challenge...
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PakistanFuel price hikes: 'Difficult decisions' taken to save Pakistan from destruction: Musadik
"Pakistan's entire federal government is run on Rs520 billion, our defence expenditure is Rs1,700 billion, the subsidy reached Rs250 billion...
He said it is not possible to sell fuel at a lower price than the buying price...
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ArchiveThe Russian price Pakistan is paying
According to a recent liquefied natural gas (LNG) report (2020-21) published by the State Bank of Pakistan, Pakistan has a 15-year take-or-pay contract with Qatar as well as some private suppliers in Italy...
This contractual purchase makes up 87 per cent of Pakistan’s LNG imports while the remaining 13pc are spot purchases...
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PakistanGovt slashes PIA, Pakistan Railways’ fares to pass on fuel price cut to consumers
Minister for Railways and Aviation Khawaja Saad Rafique on Saturday announced a reduction in fares of Pakistan International Airlines (PIA) and Pakistan Railways (PR), following the recent cut in fuel prices...
The prime minister had said that as promised, he was passing on to the people each paisa of price reduction in the international markets and announced a Rs18...
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BusinessGold price in Pakistan hits all-time high of Rs178,800 per tola
According to the All Sindh Sarafa Jewellers Association (ASSJA), the price of the yellow metal in the international market jumped to $1,808 after an increase of $12...
Ideally, as per the dollar rate, gold rates in Pakistan should be Rs152,000 per tola,” Samiwala said, calling for strict action against “groups” controlling the rates...
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ArchiveGovt not bound to fix cane price every year, SHC told
HYDERABAD: The Sindh government is under no obligation to fix the price of sugar cane for every crushing season under the Sugar Factories Control Act, 1950, the Sindh High Court Hyderabad circuit bench was told by the counsel for litigant sugar millers on Tuesday...
“In fact, it is not incumbent upon the government to determine price of sugar cane on recommendations of the board,” suggested the affidavit citing the words ‘or...
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ArchiveFootprints: The high price of migration
ATHENS: Nasima, 32, has just finished wrangling with her two daughters and one son, when a foreign journalist comes asking Afghan refugees what they plan to do after reports that the border of Macedonia is closed to all non-Syrians...
“What did he say?” she asks in panic
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