Pakistan News

    Rates Of Wheat In Pakistan

  • Flour prices may dip as wheat rates start declining

    LAHORE: Flour prices, if left to the market dynamics alone, are likely to drop as rates of wheat in the open market have begun to slide...

    Wheat rates, even during the harvesting season, had crossed the mark of Rs2,200 per maund (40kg) despite a much better than expected crop this year, and market pundits were expecting the prices to go further up in the later months, like in the last year when grain had vanished from the open market...

  • Hike in wheat support price pushes flour rates up by Rs11 per kilo

    LAHORE: With termination of official wheat releases and the millers starting purchase from open market, 22...

    The 10kg flour bag, which has so far been available in the market at Rs550, will now sell at Rs660 and 20kg bag, which hitherto cost Rs1,100, would now be sold at Rs1,310 – the biggest jump ever, which is going to hit the poor more psychologically as subsidy (Ramzan package) ended on one hand and increased wheat price has...

  • World Bank rates Pakistan among top private investment countries

    ISLAMABAD: Pakistan has been grouped in top five highest private participation investment (PPI) countries owing to a few multi-billion-dollar power projects, with two hydropower plants worth $3...

    A half year update on private participation in infrastructure (PPI) published by the World Bank on Friday says that Indonesia was the destination for the highest amount of PPI investment, while Pakistan and Jordan were new entrants to the...

  • TV ad rates rocket ahead of India, Pakistan final

    Television advertising rates for Sunday's cricket final between India and Pakistan are 10 times the normal price, industry sources said, as millions of fans are expected to tune in for a clash that last time ranked among the six most-watched sporting events...

    Pakistan, the lowest-ranked team at the Champions Trophy tournament, upset host and favourites England to set up a final with defending champions India, feeding a frenzy for a...

  • Corruption, tax rates major problems in Pakistan: report

    ISLAMABAD: Ranking 126 among140 countries in the Global Competi­tiveness Index, Pakistan faces corruption and tax rates as the most problematic factors for doing business, a new report published by the Davos-based World Economic Forum said on Wednesday...

    According to the Global Competitive Report 2015-2016, Pakistan jumped three spots to number 126 out of 140 economies on the Global Competitiveness Index...

  • Moody’s sees Pakistan growth rates sliding to 2pc

    ISLAMABAD: Moody’s Investors Service on Thursday estimated Pakistan’s growth rate could further slide to two per cent during the current fiscal year owing to Covid-19 outbreak and believed recent steps by the State Bank of Pakistan (SBP) would soften the impact of the pandemic on the country’s banks...

    On March 17, the Moody’s had formally reduced its forecast for Pakistan GDP growth rate to 2...

  • BoE ends 2015 with interest rates on hold

    LONDON: The Bank of England (BoE) has kept interest rates at a half a per cent, it announced on Thursday in the last monetary policy decision of the 2015...

    “The MPC’s decision to leave interest rates on hold again today highlights how the UK is set to tread the middle path between a loosening ECB and tightening US Fed,” said Capital Economics economist Scott Bowman...

  • City govt raises chicken rates

    KARACHI: The city government, for some unexplained reasons, has started pushing up the rates of chicken at a time when the retailers are inclined to sell it at rates cheaper than before...

    Earlier in May the official rates of live bird and its meat were Rs134 and Rs200 per kg, respectively, while the consumers were paying up to Rs220 per kg for live bird and up to Rs380 for its meat...

  • Commercial or subsidised rates?: Land for Sahiwal BISE not acquired yet

    SAHIWAL: Stakeholders have failed to settle down differences on the rates of 200 kanals for the construction of Sahiwal Board of Intermediate and Secondary Education’s (BISE’s) building in Sahiwal division...

    The district government, in collaboration with the provincial Revenue Department, has allocated land on subsidised rates for the sub-campuses of the Bahauddin Zakariya and COMSATS universities...

  • Cotton rates firm up as crop size fears ruled out

    The sentiment was indu­ced by Pakistan Central Cotton Committee’s (PCCC) review which said that no major loss was suffered by the crop and production would be close to official estimates...

    The Karachi Cotton Association (KCA) spot rates were unchanged at overnight level...

  • Freight rates increased by up to 64pc

    ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified up to 64 per cent increase in freight rates for the movement of oil products by oil tankers...

    In a notification sent to the Oil Companies Advisory Council (OCAC), the regulator said it had revised uniform freight (road) slab rates with effect from Nov 1 and desired its implementation...

  • FIFA rates Russia’s World Cup preparations ‘good’

    MOSCOW: Preparations for next year’s World Cup finals in Russia are on track but lots of work remains to be done, a top official of global football’s governing body FIFA said on Thursday...

    “In general the state of readiness is good, planning is good and on track,” Colin Smith, FIFA’s director of competitions, told reporters in Moscow after an inspection of host cities
  • State Bank cuts interest rates to historic low of 7%

    ISLAMABAD: State Bank of Pakistan (SBP) on Saturday slashed the benchmark interest rates to a 42-year low of seven per cent, hoping to stimulate growth in the long dormant economy...

    “The State Bank (of Pakistan) is cutting the monetary policy rates by 100 basis points, aiming at boosting investment in the country,” the SBP Governor Ashraf Mahamood Wathra told a press conference in the federal capital...

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