Islamabad, November 15, 2024 – The Sensitive Price Indicator (SPI), which measures weekly inflation, recorded an increase of 0.55% for the week ending November 14, 2024, according to the Pakistan Bureau of Statistics (PBS). The rise reflects notable price hikes in essential commodities, impacting households across the country.
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SBP Modernizes Agriculture Loan Process with New Alternatives
Karachi, November 15, 2024 – The State Bank of Pakistan (SBP) has introduced streamlined procedures and documentation requirements for agricultural loans, aiming to simplify the process for farmers and financial institutions alike.
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Punjab Approves New Agricultural Income Tax Amendments
Lahore, November 15, 2024 – In a significant move, the Punjab Assembly passed the Punjab Agricultural Income Tax (Amendment) Bill 2024 on Thursday, despite opposition protests and a walkout by members of the Pakistan Peoples Party (PPP) and Pakistan Tehreek-e-Insaf (PTI).
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PM Shehbaz Urges Nation to Pray for Rain Relief
Islamabad, November 14, 2024 – Prime Minister Shehbaz Sharif on Thursday appealed to the public to observe Namaz-e-Istisqa, or prayers for rain, across the nation, urging citizens to seek Allah Almighty’s mercy to ease the prevailing dry conditions. The Prime Minister’s call emphasizes the importance of collective prayers in mosques throughout the country to invoke divine intervention for rain amid growing environmental concerns.
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Latest Petroleum Prices in Pakistan on November 14, 2024
The updated petroleum prices in Pakistan as of November 14, 2024, are as follows: Petrol at PKR 248.38 per liter, High-Speed Diesel (HSD) at PKR 255.14 per liter, Kerosene Oil at PKR 161.54 per liter, and Light Diesel Oil (LDO) at PKR 147.51 per liter.
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Nepra Takes Firm Stance on KE Compliance Failures
Islamabad, November 14, 2024 – The National Electric Power Regulatory Authority (Nepra) has issued a show cause notice to K-Electric (KE) following repeated failures to comply with regulatory directives related to net-metering applications.
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Pakistan Set to Escalate Petroleum Prices from November 16
Islamabad, November 13, 2024 – Pakistan is preparing to implement another surge in petroleum prices, marking the second increase within November, as reported by official sources. This anticipated adjustment, effective from November 16, 2024, is driven by escalating premiums on petroleum products in the global market, which have significantly raised import costs and strained domestic resources.
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President, PM Celebrate Pakistan’s Historic ODI Series Win
President Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif extended their heartfelt congratulations to the Pakistan Cricket Team on Sunday for their historic one-day international (ODI) series victory against Australia on Australian soil. The team’s outstanding performance ended a 22-year wait for an ODI series win against Australia, an achievement that brought pride and joy to the entire nation.
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PM Shehbaz Announces Lower Electricity Tariff for Winter Season
Prime Minister Shehbaz Sharif has introduced a three-month electricity relief package aimed at providing significant savings for consumers during the winter months.
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Pakistan Declares Public Holiday on November 9 for Iqbal Day Observance
The Government of Pakistan has officially declared November 9 as a public holiday nationwide in commemoration of Iqbal Day, honoring the 147th birth anniversary of the esteemed philosopher, poet, and visionary Allama Muhammad Iqbal.
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