KARACHI: The local auto industry is facing difficulties due to rising raw material prices and disruption in the global supply chain, while the last 10 months have seen an increase in motorcycle prices from 8,000 to 52,000. After the car companies, now the motorcycle companies have also started passing on the effect of the increase in the production cost of…
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ISLAMABAD: Prices of petroleum products are likely to go up by Rs 12 per liter from February 1st OGRA has sent a summary of the increase in prices of petroleum products to the Petroleum Division in which it has been recommended to increase the price of petrol by Rs 12 per liter from February 1. The Oil and Gas Regulatory…
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The government’s claim of building one million houses has not materialized yet, but it has become very difficult for citizens to build their own homes. Prices of construction materials have risen by 25 to 30 percent in three months. At present, the price of bricks in Lahore has gone up from Rs 11,000 to Rs 14,000 per thousand and the…
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During a press conference in Islamabad, Federal Minister for Energy Omar Ayub said that the previous government had planted landmines which meant mandatory payments, whether to spend electricity or not. That by 2023 these mandatory payments will be Rs. 1455 billion. The PML-N has deliberately made all these agreements and set up factories under malicious intent. Energy Minister Omar Ayub…
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