Tag: #Price Hike
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ECC allows an unprecedented increase in medicine prices
A meeting of the Economic Coordination Committee (ECC) was held under the chairmanship of Finance Minister Ishaq Dar. In the meeting, issues were discussed according to the agenda. According to Baaghi TV reports, during the meeting, the manufacturers were allowed to increase the price of medicines by seventy percent, at once. The policy board also…
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Is pricing scheme for petrol: increasing cost for bigger vehicles & reducing it for smaller ones workable?
A rather funny if not unworkable assignment has been awarded to the Petroleum Ministry. The assignment is to draft a strategy, “which envisages charging affluent consumers more for fuel, and using that money to reduce prices for the poor who have been hit hard by inflation, which in February was at its highest in 50…
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Government hikes petroleum prices by Rs8.14
Setting a new record, the government on Thursday night hiked petroleum prices by Rs 8.14 per liter to ensure resumption of the IMF program
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Sheikh Rashid says ISI chief appointment will be resolved by Friday
Interior Minister Sheikh Rashid Ahmed has said that the issues related to the appointment of the new DG ISI will be resolved by next Friday
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Profiteers Warned of Strict Action
Profiteers have been warned of a strict action.
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Pharmaceutical companies decide not to raise drug prices
Pharmaceutical companies have decided not to increase the prices of medicines till September 30th this year. A spokesman for the Ministry of National Health said in a statement that the prices of medicines would not be increased in the first quarter of the current financial year. According to the spokesperson, under the April 2018 drug…
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After petrol, LPG price hikes by 4 Rs
LAHORE (Samaa): After a hike in petroleum prices, the government has now increased the price of LPG by Rs4 per kilogram. The new price of LPG will be Rs114 per kilogram, according to a notification issued by OGRA. This would see the price of a domestic cylinder going up by Rs45 to Rs1,345.The price of…
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Shahbaz Gill gives a strong message to the sugar mafia
Lahore: The people of Sugar Mills do not know that Imran Khan is sitting in front, the matter will not stop at 70. Shahbaz Gill gave a strong message to the Chinese mafia, according to reports, Special Assistant to Prime Minister Imran Khan In response to the offer of cheaper sugar, he said that those…
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Asia has eye-watering Onion prices
MUMBAI/DHAKA (Reuters): That’s because India, the world’s biggest seller of the Asian diet staple, has banned exports after extended Monsoon downpours delayed harvests and supplies shriveled. And dedicated buyers across the region, like Nepalese housewife Seema Pokharel, are flummoxed. “This is a terrible increase,” said Pokharel, out shopping for vegetables in Kathmandu. “Onion prices have…