There is a severe shortage of diesel in the city. The city of Lahore, which consumes one million liters of diesel daily, is getting only one to one and a half million liters of diesel per day. It seems that the responsible institutions have kept quiet. Diesel crisis persists in the provincial capital. Residents of...
After averaging around 1400 for about a week — in the last 24 hours has added 1,841 new cases; indicating that new cases are still on the rise and the peak of the pandemic is no-where in the scenes. By 864 positive cases in a single day, Sindh remains the major contributor towards the new...
Due to the coronavirus, the State Bank of Pakistan could not provide new currency notes to the banks on Eid, but the sale of new notes in black outside the SBP building is in full swing. Every year during the month of Ramadan, the State Bank of Pakistan provides billions of rupees in new banknotes...
Negotiations on wheat price failed between the government and the association of flour mills, and the latter decided not to end the ongoing strike, learned on Monday by Pakistan Today. Pakistan Flour Mills Association (PFMA) had raised the price of meal according to data. The government had asked millers to lower the price, but they...
As the death toll of Pakistan crossed 900 and the number of infections rose to 43,000 on Monday, the Supreme Court (SC) directed the federal government to reopen shopping malls across the country, questioning the “logic” behind keeping malls closed when the government had already allowed markets to reopen after the lockdown restrictions imposed following...
Mian Anjum Nisar, president of the Federation of Pakistan Chambers of Commerce and Industry, says the central bank ‘s one percent cut in interest rates is very disappointing. According to the Federation of Pakistan Chambers of Commerce and Industry (AFP CCI) of President, Mian Anjum Nisar said the central bank on interest rates in percent...
Railway Minister Sheik Rashid Ahmed said on Sunday that Wednesday would announce a final decision on the resumption of train operations in the country. “If we restart train operations after 15 days, people will climb on [traveling] train roofs and then the public will taunt me that Sheik Rashid is responsible for spreading the virus,”...
The Pakistan Industrial and Traders Association Front (PIAF) has appealed to the government to allow the business community to run their business seven days a week with full precautionary measures till Eid-ul-Fitr. All shopping malls should be opened with strict implementation of SOPs. PIAF Chairman Mian Noman Kabir in a joint statement with Senior Vice...
Government is easing lockdown, more than 26 industries in Punjab today to be opened—Department of Trade and Industry With the approval of Punjab Chief Minister Usman Bazdar, notification of 26 more industries was issued. The Punjab Department of Industry and Commerce has also issued SOPs for related industries. The defense industry was allowed to operate....
Based on the National Fertilizer Development Center ‘s latest sales results, the urea market appears to be under considerable pressure with an accumulation of 850,000 tons of inventory due to a slowdown in the agricultural sector of the country. The fertilizer industry had begun the year with an opening inventory of 600,000 tons, but on...
