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LPG prices reduced by Rs.3 per kg

Source: Geo News | 02-10-2013

LAHORE: The price of Liquefied Petroleum Gas (LPG) has been reduced by Rs.3 per kilogram, Geo News reported.

Chairman All Pakistan LPG Distributors Association Abdul Hadi Khan said the prices were reduced due to cut in its price in international market.

He said the import price of the commodity was cut by Rs2,809 per tonne to Rs1,18,070 per tonne.

Hadi Khan said owing to cut in import price of LPG, 11.8 kg cylinder price has been reduced by Rs35 and that of 45.4 kg by Rs136.

Oil rises toward $94 as Yellen defends stimulus

Source: Dunya News | 15-11-2013

he price of oil rose toward $94 a barrel Friday after incoming Federal Reserve chief Janet Yellen indicated that economic stimulus will remain in place pending further improvement in the U.S. economy. Benchmark U.S. crude for December delivery was up 6 cents to $93.82 a barrel, late morning European time, in electronic trading on the New York Mercantile E..... Read more

Sinking like a rock: Slim chances of recovery for Pakistanâ€™s directionless economy, says ADB

Source: Tribune | 10-04-2013

Amid deep-rooted concerns over a “directionless” economy due to failure of the previous government and inability of the caretaker setup to take immediate meaningful steps, the Asian Development Bank has warned that Pakistan’s current growth model is unsustainable that also undermines future prospects. In its Asian Development Outlook, th..... Read more

Sugar mills stop Rs 43b payment to cane growers

Source: The Nation | 01-04-2013

As current sugarcane crushing season 2012-2013 is about to end, all 38 sugar mills operating in Punjab, after purchasing cane in December last, have stopped Rs 43 billion payment to hard hit sugarcane growers without any plausible reason adding miseries to their life. Convener, Sugarcane Growers Association, Pakistan Javed Mehmud Malik, told APP here Su..... Read more

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