Tag: prices

Export-Oriented Sectors Saw Gas Prices Rise by 82%
Business

Export-Oriented Sectors Saw Gas Prices Rise by 82%

Five export-oriented sectors have been approved to use Regasified Liquefied Natural Gas (RLNG) at a price of $9 per MMBTU by the Economic Coordination Committee (ECC). After detailed discussion, the ECC approved RLNG price at US $9 per MMBTU, all inclusive for existing gas connections in five export oriented sectors across Pakistan. Members of ECC Members of the ECC including Commerce Minister Naveed Qamar and Industries & Production Minister Syed Murtaza Mehmood attended the meeting presided over by Finance Minister Miftah Ismail, as well as former prime minister Shahid Khaqan Abbasi, Defence Minister Khwaja Asif, Power Minister Khurram Dastgir Khan, and state ministers for finance and petroleum Dr Aisha Ghous Pasha and Musadik Malik. A summary of regional competitive ene...
Petrol and electricity price hike, public in chaos
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Petrol and electricity price hike, public in chaos

The government on Thursday strongly expanded fuel costs for public consumers by PKR 30 per liter to figure out an agreement with International Monetary Fund (IMF) preparing to save a $6 billion bailout bundle and settle the country's cratering economy in the midst of extending political disturbance. Moreover, The move raised fuel cost by around 20% taking it to the record high of 209.86 PKR per liter, fighting off worries that Pakistan, as of now faces twofold digit expansion. Moreover, The PML-N-drove alliance government expanded the costs of oil-based commodities by a similar sum on May 26. The greatest climb in the country’s history. In the interim, National Electric and Power Regulatory Authority (NEPRA) has supported an Rs. 8 for each unit expansion in power rates for the follo...
Petrol price increase by 30 PKR, a liter will now cost 180PKR
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Petrol price increase by 30 PKR, a liter will now cost 180PKR

Another blow has been dealt to the common man in Pakistan, as petrol price increase by Rs 30. This hike is effective as of midnight on Thursday May 26, 2022, according to the government. In Pakistan after this increase in petrol price, one liter of petrol will cost Rs 179.85 (Rs 180 approx.) and one liter of diesel will cost Rs 174.15. The announcement regarding the IMF bailout made at a press conference by Pakistan's Finance Minister Miftah Ismail. Who made the announcement. Just one day after the talks between the Pakistani government and the IMF in Qatar broke down. An agreement reached between the staff of the IMF. And the World Bank regarding the revival of a USD 6 billion programme. The hike in petrol prices will result in a price of Rs179.86 (almost Rs 180). A diesel price...
Hyundai Tucson prices increased since March 25th 2022
Business

Hyundai Tucson prices increased since March 25th 2022

Hyundai Tucson Hyundai Nishat Motors increased the prices of its Tucson 2022 Cars since March 25, 2022 in Pakistan. Hyunda Nishat Motors introduces 2022 models of Tucson with the moto; Fusion of Innovation and Premium Confort has new increased prices are as follows. Hyundai ModelOld Retail PricePKRNew Retail PricePKRPrice DifferencePKRFWD GLS Sports55,49,00057,99,0002,50,000AWD Ultimate59,99,00062,99,0003,00,000Ex-Factory prices of Hyundai Cars Hyundai Tucson 2022 models with increased prices included GLS Sportd and Ultimate. GLS Sports is varient of Tucson 2.0L MPi, FWD A/T 6 Speed, while Ultimate version is varient of Tucson 2.0L MPi, AWD A/T 6 Speed. In addition to these prices, Hyundai is providing 4 years or 1,00,000km warrantly. Hyundai Nishat Motors also declared that insu...