Islamabad: The government announced an increase in petroleum prices following recommendations from the Oil and Gas Regulatory Authority (OGRA). Petrol (MS) has been raised by Rs2.43 per litre, reaching Rs265.45 from Rs263.02. High-speed diesel (HSD) is now Rs278.44 per litre, up Rs3.02 from Rs275.42. The new prices will take effect from November 1, 2025, and […]
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Petrol, diesel prices hiked massively in ‘national interest’
Prices for gasoline and diesel skyrocketed in ‘Ishaq Dar, the finance minister, announced on Tuesday that the price of gasoline in Pakistan has raised by Rs19.95 per litre to Rs272.95 for the upcoming bimonthly review. Dar stated that the action was taken in accordance with “national interests.” The announcement was scheduled on July 31, but […]
UK inflation hits new 40-year high as food prices rocket
LONDON: British inflation surged to a new 40-year high in July on soaring food prices, official data showed Wednesday, adding to a cost-of-living crisis as the country faces the prospect of recession. The Consumer Prices Index (CPI) accelerated to 10.1 percent last month from 9.4 percent in June itself a four-decade high the Office for […]
Bike prices in Pakistan get massive increase
Yamaha Motor Pakistan (Private) Limited has notified of a massive increase in Yamaha bike prices in Pakistan. The company has increased prices of all models, including the price of Yamaha YB 125Z, YB 125Z DX, YBR 125, and YBR 125G in Pakistan. The price of Yamaha YB-125Z model has increased by Rs18,000 to Rs27,000. The […]
Turkey sees 3rd fuel hike in a week amid currency depreciation
ISTANBUL: Turkish consumers on Saturday was struck by the third round of fuel price hike in a week, as a volatile Turkish currency took its toll on the economy, which relies largely on imports. The per liter gasoline price rose by 2.18 liras (about 0.12 U.S. dollars) to nearly 28.5 liras across the country, Birgun […]
CM directs to reduce POL expenditure by 35% in govt departments
PESHAWAR: Chief Minister Khyber Pakhtunkhwa has directed all departments and organizations to reduce use of POL expenditure by 35% in the wake of recent unusual spike in petroleum products. A letter from CM Secretariat to Chief Secretary Khyber Pakhtunkhwa says that provincial government was focusing on good governance and service delivery to the general public. […]
Drug price hike: DRAP seizes stocks of 226 ‘overpriced’ medicines
As a part of its countrywide crackdown against the unauthorised and illegal increases in prices of medicine, Drug Regulatory Authority of Pakistan (DRAP), on Sunday, claimed to have taken stocks of 83 medicines in its custody. According to information available to media sources, the authority also registered cases against 28 pharmaceutical companies. DRAP’s spokesperson asserted […]
OGRA asks govt to increase petroleum price by Rs 13
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent a summary to the Ministry of Petroleum recommending an increase of Rs 13 per litre in petroleum products prices. According to sources, OGRA has suggested an increase of Rs 13 per litre in diesel prices RS 9 in petrol and Rs 6.47 in kerosene oil. […]