The federal government and the International Monetary Fund (IMF) have agreed to discontinue the wheat minimum support price (MSP) regime. Following the agreement, no minimum support price (MSP) for wheat would be published for 2025-26. The Ministry of National Food Security and Research requested provinces to submit wheat food securityContinue Reading
Pakistan International Airlines (PIA) has got a positive reaction from the public for its Paris route, which is scheduled to depart on January 10, 2025 after a four-year hiatus, since all economy tickets have been sold out in advance. According to a spokeswoman for the national carrier, all economy classContinue Reading
Qatar Airways has closed its offices in Pakistan as part of a cost-cutting initiative. Despite the shutdown of these offices, the airline announced that flights will continue as scheduled. According to sources, the airline’s move to close its offices would not effect flight operations, but will have an impact onContinue Reading
ISLAMABAD (A News) – The government is expected to raise petrol prices by Rs4 on New Year’s Eve. According to reports, the price of fuel is set to rise by Rs4 a liter. According to the reports, petrol prices are likely to remain constant. Furthermore, the price of kerosene oilContinue Reading
ISLAMABAD: Petrol product prices have been slashed by the federal government by up to Rs3.40 a liter; the new rates go into effect at midnight tomorrow. The new price of petrol is Rs247.03 per litre, down from Rs249.10 per litre due to a reduction of Rs2.07 per litre by theContinue Reading
ISLAMABAD: Pakistan’s exports increased significantly in the fiscal year 2023–24 as a result of the Special Investment Facilitation Council’s (SIFC) activities. The Pakistan Bureau of Statistics reported that, in comparison to the previous fiscal year, exports of Pakistani goods increased by 10.54% to $30.64 billion. FY 2024 imports fell byContinue Reading
ISLAMABAD (APP) Deputy Prime Minister and Foreign Minister Ishaq Dar stated on Wednesday that Pakistan has a big potential to join the G-20 with fundamental reforms to its economy. He stated that the administration is firmly dedicated to structural reforms in the country’s economy, including capital market and corporate sectorContinue Reading
LAHORE: Effective August 3, Pakistan Railways has announced a reduction in the prices for all passenger train classes. A Pakistan Railways representative claims that the price of economy class tickets has decreased by Rs 50 and that the price of AC class tickets has decreased by Rs 100 to 150.Continue Reading
ISLAMABAD (APP) – At a meeting of the Monetary Policy Committee (MPC) on July 29, the State Bank of Pakistan (SBP) will declare its monetary policy. SBP sent a press statement announcing that the MPC would meet on Monday, July 29 to decide on the Monetary Policy. It further statedContinue Reading
ISLAMABAD – The Central Power Purchasing Authority (CPPA) has requested a rise in electricity pricing for one month due to fuel cost adjustments. It has filed a petition with the National Electric Power Regulatory Authority (Nepra) requesting a Rs2.10 per unit increase in the power tariff. Nepra will consider theContinue Reading