Karachi, July 25, 2019: Market traded in a narrow range and saw an oscillation of +101 points and -251 points. Early part of the session saw the bearish trend, with selling pressure in Cement, Banks, and Fertilizer stocks. Sectors contributing positively to the index included E&P and Autos. Among the banking sector scrips, HBL performed…
Transport Mafia Using Fake Fare Lists to Fleece Commuters Karachi, July 16, 2019: For the second time within a year (from July 2018 to July 2019), the transport mafia in Karachi has raised bus fare by 50 percent to 100 percent per commuter per trip without any notification issued by the government. Following the increase…
Karachi, July 01, 2019: Government has increased the price of electricity by 75 paisa NEPRA recommended the price increase of 1.50 per unit. Electricity price to remain unchanged for the industrial sector. Commercial Users of above 5 KVA electricity price to remain unchanged. Price increase will not be applicable upto user of 300 units.
Additional taxes to increase the price of CNG by Rs6 per litre, CNG opposed to confusing WHT, ST formula: Ghiyas Paracha. Karachi, June 12, 2019: The All Pakistan CNG Association (APCNGA) on Wednesday sought reversal of proposal of the government to increase customs duty on the import of LNG terming it against the interests of…
The storm of inflation wrapped everything including bread. After lentils, sugar, rice and ghee oil now bread prices are also increased. Raw minerals, electricity, gas and as well as increase in transport fares is a license to increase the price of bread. One of the leading brands sent notification through their sales teams to increase…