News

Petrol price remains unchanged while high-speed diesel slashed by Rs3 per litre

The Finance Division announced on Sunday night that petrol price will remain unchanged, while the price of high-speed diesel (HSD) will be reduced by Rs3 per litre for the next fortnight. Petrol, used mainly in private cars, small vehicles, rickshaws and motorcycles, directly impacts the budgets of middle- and lower-middle-income groups. Most of the transport sector runs on HSD and its price

Ogra notifies 0.54pc decrease in LPG price

The Oil and Gas Regulatory (Ogra) on Sunday notified the new price of liquified petroleum gas (LPG) at Rs214.19 per kilogramme for the month of September, according to a notification available with Dawn.com. Last month, the price of LPG was set at Rs215.37 per kg for August, down from Rs233.10 in July — a decrease of Rs17.73 per kg. Consequently, the price of an 11.8kg domestic cylinder was fix

Monsoon wreaks havoc on Punjab’s rural economy

Unrelenting monsoon rain spells have continued to wreak havoc on Punjab’s agriculture, with the latest spell on Saturday further straining the province’s rural economy. While the rainfall varied in intensity, some areas, such as Mandi Bahaudin, recorded 81mm of rain, and Bahawalnagar 44mm. Hafizabad received 63mm, Gujrat 34mm, and Okara and Sahiwal both recorded 10mm. These rains, coming just d

Dollar shortage strains rupee’s ‘artificial’ strength

The Pakistani rupee is under increasing pressure as demand for dollars rises, while exchange companies are struggling with a severe shortage of cash dollars. Currency experts have warned that administrative measures aimed at supporting the rupee may backfire, especially in the face of unforeseen events such as the recent flood devastation across the country. Despite the growing demand for do

Asian Development Bank to fund climate-resilient agriculture project

The Asian Development Bank (ADB) is poised to finance a climate-resilient and low-carbon agriculture mechanisation project in Punjab, designed to enhance access to modern farming equipment for small farmers while reducing the sector’s environmental footprint. The proposed Punjab Climate Resilient and Low Carbon Agriculture Mecha­ni­­sation Project will involve the import of advanced agricultura