Skip to main content

Govt hikes POL prices, petrol goes up by Rs2.5 per litre

Govt hikes POL prices, petrol goes up by Rs2.5 per litre
The federal government on Thursday increased prices of petroleum oil and lubricants (POL), with petrol going up by Rs2.5 per litre.

The new price of petrol will be Rs92.88 per litre, read a notification issued by the Ministry of Finance.

Similarly, the price of diesel was increased by Rs4.75 per litre, taking it to Rs111.43 per litre.

The new price of kerosene oil reached Rs86.31 per litre after it was increased by Rs4 per litre, according to the notification.

The price of light diesel oil also went up by Rs2.5 per litre, reaching Rs77.53 per litre.

The new prices will take effect from midnight on March 1.

The notification said that authorities had worked out higher increase in the prices, owing to hike in oil prices in international market.

"But the government decided not to pass on the full impact to the consumers and approved a reduced level of increase," it added.



Labels:

Comments

Post a Comment

Popular posts from this blog

PML-N, PTI welcome ECP’s decision of deploying army on election day

Photo: File The leadership of Pakistan Muslim League-Nawaz (PML-N) and Pakistan Tehreek-e-Insaf (PTI) have welcomed the decision of Election Commission of Pakistan (ECP) to deploy army in and outside polling stations on the election day.PML-N...
Post a Comment
Read more

Death toll in Indonesia quake-tsunami tops 800

The death toll from a powerful earthquake and tsunami in Indonesia leapt to 832 Sunday, as stunned people on the stricken island of Sulawesi struggled to find food and water and looting spread. The new toll announced by the national disaster agency was almost double the previous figure. Indonesian vice-president Jusuf Kalla said the final number of dead could be in the "thousands." "It feels very tense," said 35-year-old mother Risa Kusuma, comforting her feverish baby boy at an evacuation centre in the gutted coastal city of Palu. "Every minute an ambulance brings in bodies. Clean water is scarce. The minimarkets are looted everywhere." Indonesia’s Metro TV on Sunday broadcast footage from a coastal community in Donggala, close to the epicentre of the quake, where some waterfront homes appeared crushed but a resident said most people fled to higher ground after the quake struck. "When it shook really hard, we all ran up into the hills," a ...
Post a Comment
Read more

Sahiwal killings: CM Buzdar rejects opposition’s demand to form judicial commission

Punjab Chief Minister Usman Buzdar on Thursday rejected the opposition's demand to form a judicial commission over the tragic Sahiwal extrajudicial killings. Speaking to the press after a one-on-one meeting with Prime Minister Imran Khan, the Punjab chief minister said that there is no immediate need for a judicial commission over the incident – a demand recently put forwarded by Punjab Opposition leader Hamza Shehbaz. "The probe is going with full transparency. We will see if there are issues in future. We have already taken action against five personnel," he said. The chief minister said that disciplinary action is being taken against two suspended officials. "Action is being taken against every person responsible for the incident. I will take a briefing on the issue in two-day time," he said. The chief minister announced to give a sum of Rs20 million to the family of the deceased.
Post a Comment
Read more