ZAYYAN WRITES

  Petroleum goods will likely cost higher starting on August 16 once the caretaker administration sets new rates tomorrow (August 15).  According to the journal, the cost of petroleum is anticipated to rise by Rs. 15 per litre, while the cost of diesel would rise by Rs. 20 per litre. A rise in the commodity on the world market is what will cause the anticipated increase in the price of petroleum products. As a result of the rise in the price of petroleum products on the international market, the price of crude oil increased by $5 per barrel, from $86 to $91 per barrel. Additionally, there is a $2 per barrel additional premium fee for crude oil. However, the cost of petrol and diesel on the international market has also gone up by $5, from $97 per barrel to $102 per barrel. According to the current exchange rate, diesel and petrol in Pakistan are expected to increase in price by Rs20 and Rs15 per liter, respectively, if this price stays the same. The outgoing government announc...

  Bilquis Bano Edhi, the widow of renowned humanitarian and philanthropist Abdul Sattar Edhi, died on Friday in Karachi, her son Faisal Edhi confirmed. She was 74. Bilqis was one of the most active philanthropists in the country and co-chaired Edhi Foundation with her son Faisal after her husband’s passing in 2016. She was born in Bantwa, India and migrated to Pakistan after the Partition. Together with her husband their charity has saved thousands of unwanted babies. She had been suffering from cardiovascular disease and was under treatment at a private hospital for the last few days. Bilquis was reported to be in a stable condition on Thursday after she was rushed to the hospital earlier this week when her blood pressure suddenly dropped. The Edhi Foundation Spokesperson Muhammad Bilal had said that though she is not in a serious condition, she will remain in the hospital for a couple of more days, adding that Bilquis had congestive heart failure and already undergone a hear...

KARACHI/LAHORE: Pakistan Railways (PR) has received a consignment of 46 high-speed modern coaches from China, paving the way for provision of state-of-the-art travelling facilities to the masses in the country. After receipt of 46 completely built units (CBUs) manufactured in China, PR is set to soon start manufacturing 184 similar coaches (passenger, luggage and brake vans) at its carriage factory in Islamabad in association with Chinese engineers under the technology-transfer component of the 230 coaches’ purchase contract. Similarly, Pakistan Railways would soon receive various consignments of 200 modern goods/freight wagons from China, and after receipt of these wagons, it would start manufacturing 620 wagons of similar designs at its Mughalpura workshop and the carriage factory in Risalpur under the technology-transfer segment of the contract. It was one year ago, in November 2021, when looking to upgrade and enhance long-distance passenger services in the country, the federal gov...

On the request to increase the Price of Electricity, NEPRA made the Electricity Cheaper In front of the National Electric Power Regulatory Authority, the Central Power Purchasing Agency had to be taken. The Central Power Purchasing Agency (CPPA) had requested the National Electric Power Regulatory Authority (NEPRA) to increase the price of electricity by 24 paisa per unit as part of the monthly fuel adjustment. A hearing was held on the request of CCPA under the chairmanship of National Electric Power Regulatory Authority (NEPRA) Chairman Taseef H. Farooqui. During the hearing, the CPPA officials took the position that 10 billion 37 crore 72 lakh units of electricity were generated in October. The upfront cost was Rs 9.17 while the cost of generating electricity was Rs 9.41. Therefore, in terms of monthly fuel adjustment, the electricity price should be charged 24 paisa more per unit from the consumers. The Central Power Purchasing Agency had to be taken over by NEPRA, the CPPA offic...