Tag Archives: hike in prices

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LHC orders health dept to take steps to control prices of surgical masks

03 March, 2020 2:35 pm 2:35 pm

LAHORE (92 News) – The Lahore High Court (LHC) on Wednesday ordered the provincial health department to take steps to control hike in prices of surgical masks. Chief Justice Mamoon Rashid Sheikh issued a written interim order over a plea seeking control on rapid hike in rates of surgical masks after coronavirus cases in Pakistan. … Read More

inflation Punjab Chief Minister Usman Buzdar hike in prices failing

Punjab CM expresses anger at failure to act against rising inflation

11 November, 2019 2:53 pm 2:53 pm

LAHORE (92 News) – Punjab Chief Minister (CM) Usman Buzdar on Tuesday expressed anger over the concerned authorities for failing to act against rising inflation. During a high-level meeting, Usman Buzdar ordered authorities to immediately take strict action by implementing effective measures against profiteers and hoarders across Punjab for getting control over rising prices of … Read More

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Hike in electricity prices to not affect 75% of domestic consumers: Omar

10 October, 2019 7:12 pm 7:12 pm

ISLAMABAD (92 News) – Minister of Power Omer Ayub says recent hike in electricity prices will not affect 75 per cent of the domestic consumers. Addressing a news conference on Thursday, he said flow of circular debt has reduced from 38 billion per month to 35 billion rupees per three months. The minister said there … Read More

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NEPRA approves hike in electricity prices by 55 paisas per unit

05 May, 2019 12:01 am 12:01 am

ISLAMABAD (92 News) – The National Electric Power Regulatory Authority (NEPRA) on Tuesday approved an increase in electricity prices by 55 paisas per unit. The decision has been made under April’s fuel price adjustment. An additional burden of Rs5.20 billion will be put on the consumers after the hike in the prices. According to NEPRA, … Read More

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Federal cabinet ratifies decision of hike in petroleum prices

05 May, 2019 6:26 pm 6:26 pm

ISLAMABAD (92 News) – The federal cabinet meeting under the chair by Prime Minister Imran Khan ratified the decision related to hike in prices of petroleum products. Briefing the journalists regarding decisions taken in federal cabinet meeting today, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said that the prime … Read More

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Ruckus in Senate as opposition records protest on petroleum prices hike

05 May, 2019 5:53 pm 5:53 pm

ISLAMABAD (92 News) – The ruckus was marred in Senate session on Monday when an opposition senator criticized the government over recent hike in petroleum prices. During the ongoing session of the Upper House, the opposition criticized on petroleum prices hike and they staged protest on standing their seats. The ruckus increased in the session … Read More

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Notification for hike in petroleum products released

05 May, 2019 1:45 pm 1:45 pm

ISLAMABAD (92 News) – The Federal Board of Revenue (FBR) on Sunday released the notification for an hike in prices of petroleum products. The recent hike, which was taken into effect from May 5, was made following an increase into Goods and Services Tax (GST) from two per cent to 12 per cent on petrol, … Read More

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No action as PM’s ultimatum for cut in medicine prices expires

04 April, 2019 3:41 pm 3:41 pm

ISLAMABAD (92 News) – The 72-hour ultimatum given by Prime Minister Imran Khan for a cut in medicine prices expired without any action from the authorities concerned. The pharmaceutical companies are charging the prices of their choice, ignoring the PM’s order as well as plight of the patients. All medicines ranging from flu to life-saving … Read More

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DRAP confiscates stocks of 226 medicines for illegal hike in prices

04 April, 2019 4:49 pm 4:49 pm

ISLAMABAD (92 News) – During a countrywide action against unauthorised and illegal hike in prices of medicine, the Drug Regulatory Authority of Pakistan (DRAP) claimed on Sunday to have seized stocks of 83 medicines and registered cases against 28 pharmaceutical companies. According to the DRAP’s spokesperson, it took action against firms on overpricing in Lahore, … Read More

Govt likely to increase electricity prices by Rs3.75 per unit

10 October, 2018 5:03 pm 5:03 pm

ISLAMABAD (92 News) – The government is likely to increase electricity price by Rs3.75 per unit. As per details garnered, the final decision will be taken in the Economic Coordination Committee meeting headed by Finance Minister Asad Umar tomorrow. It was reported that the government will collect additional Rs400 billion after hiking power tariff which … Read More