Connect with us

Business

Punjab will purchase one million metric tonnes of wheat from PASSCO

Published

on

The Punjab government has decided to buy one million metric tonnes of wheat from Pakistan Agricultural Storage and Services Corporation (PASSCO) to keep the prices of wheat and flour stable in the province.

The decision has been accepted by the Chief Minister Maryam Nawaz Sharif to maintain the stability of prices in the wheat and flour market and to provide the public with inexpensive flour and bread. Under the scheme, flour mills will be supplied wheat for Rs 3,300 per maund.

The provincial government said that the assertions of limitation on wheat supply from Sindh to other provinces through Punjab were not founded on confirmed facts and no formal complaints had been recorded so far about stopping of wheat supply from Sindh to Khyber Pakhtunkhwa.

Officials said the procedure of declaration of wheat stocks is in progress and compilation of the whole data is underway. They also said that the present wheat crop has relatively lower grain size. They said stock assessment is important for planning food security.

The government said it will also assure supply of wheat to Khyber Pakhtunkhwa under its obligation of inter-provincial after addressing the food requirements of Punjab itself.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Jet fuel price rises by Rs9.05 per litre in Pakistan

Published

on

By

 Jet fuel prices have once again increased in the country, along with the price of kerosene oil.

The price of jet fuel has been increased by Rs9.05 per litre, while kerosene oil has become Rs7.68 per litre more expensive.

Following the increase, the new price of jet fuel has been fixed at Rs355.52 per litre, while kerosene oil will now cost Rs329.54 per litre.

Meanwhile, according to a notification issued by the Petroleum Division, the price of petrol has also been increased by Rs2.10 per litre, taking its new price to Rs392.76 per litre.

Continue Reading

Business

Govt sets deadline of 20th Oct for pilgrims to pay 2nd Hajj installment

Published

on

By

The religious affairs ministry stated late Friday that the federal government has fixed October 20 as the deadline for intending pilgrims selected under the government Hajj system to deposit the second installment of their pilgrimage dues.

ISLAMABAD: Pakistan has set aside 107,526 slots for the government plan, including 30,000 for a shorter package, and another 71,696 slots have been granted to the private scheme for next year’s Hajj.

The country on Aug. 25 completed online booking of all tickets in the government Hajj scheme, the first time the whole quota has been filled through a digital reservation system.

The ministry of religious affairs said in a statement on Friday that the applications of pilgrims for next year’s Hajj will be cancelled if they did not pay by the deadline.

“The dates for depositing the second installment of dues for Hajj pilgrims under the government scheme have been fixed from 5 October to 20 October, 2026,” the ministry said.

“If the second installment is not deposited within the deadline, then the Ministry said the pilgrim’s application will be cancelled and the amount deposited earlier will be refunded to the pilgrim’s account,” the Ministry said.

Under the government arrangement, pilgrims can pay the second payment of Hajj dues through the ‘Pak Hajj App’ or digital Hajj site within the stipulated deadline.

The government said that submitting the Hajj medical fitness certificate on the ‘Pak Hajj’ app or the digital Hajj portal was essential before depositing the second installment.

This year the government announced that pilgrims will pay Rs1.2 million ($4,334) for a 40-day Hajj package and Rs1.3 million ($4,695) for a shorter, 20- to 25-day package under the government system.

The first installment of dues for seats under the shorter government package was paid within 24 hours of the process starting on Aug 18 and the rest of the seats under the plan were booked by Aug 25.

Continue Reading

Business

Petrol price goes up by Rs2.10, diesel by 30 paisa a liter:

Published

on

By

– Petrol and diesel prices have been increased once again under the latest fuel-price revision.

The revised prices will take effect from October 3, 2026.

According to a notification issued by the Petroleum Division, the price of petrol has been increased by Rs2.10 per litre. Following the latest increase, petrol will now cost Rs392.76 per litre.

The price of high-speed diesel has also been raised by 30 paisa per litre, taking its new rate to Rs399.64 per litre.

The Petroleum Division said the announced rates are linked to movements in international petrol and diesel prices.

According to the notification, changes in the global market, Platts rates, premiums and other associated costs were taken into account when determining the revised prices.

Continue Reading

Trending