This photo shows the flames of a lit burner of a gas stove. – AFP / File The Economic Coordination Committee (ECC) on Saturday rejected a proposal by the Petroleum Division to increase gas tariffs for domestic consumers, citing the need to ease rising inflation. The ECC met in Islamabad under the chairmanship of Federal … Read more
Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, October 17, 2024. — PPI The market opened the week in the red and fell 1.13% at the end of the session. The KSE-100 index fell 1,331.86 points, closing at 116,255.12. The intraday high of 118,735.09 reversed to hit the low … Read more
Employees at a gas station attend to their customers in Islamabad, Pakistan, February 16, 2022. — AFP/File The price of petrol may increase by Re0.81 per liter from December 16. The price of diesel may decrease by Rs3.94 per liter in the new fortnightly rates. Petrol is expected to cost Rs 252.92, diesel at Rs … Read more
A worker holds a fuel injector to refuel a car at a gas station in Karachi, September 16, 2023. — Reuters Increase in IFEM by Rs 2.5 per liter proposed as interim financing measure. The sales tax exemption makes refinery upgrades unsustainable. The refinery improvements aim for POL production to comply with the Euro V … Read more