Nationalist Congress Party (Sharad Pawar faction) leader Supriya Sule on Tuesday called the Central Government's decision to reduce the prices of cooking gas cylinders a 'Jumla' and said that never thought about inflation for past four and a half years.
Union Information and Broadcasting Minister Anurag Thakur on Tuesday said that the Union Cabinet’s decision to reduce domestic LPG cylinder prices was not linked to upcoming assembly polls and was about providing relief to people
Effective Wednesday, the price of a 14.2 kg LPG cylinder will be reduced by Rs 200 across the country. In Delhi for instance, the decision will bring down the cost of a 14.2 kg cylinder from the existing Rs 1,103 per cylinder to Rs 903.
Owing to the sharp increase in electricity and Liquefied Petroleum Gas prices, the short-term inflation witnessed an year-on-year surge of 29.21 percent for the week ending on July 26, according to the official data release on Friday, reported Dawn.
Even though Pakistan has been able to secure an International Monetary Fund (IMF) bailout, the road ahead is not going to be easy, as after electricity rates, Islamabad is planning to jack up gas prices as well by over 45 per cent in line with IMF's demand
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
Washington [US], October 20 (ANI): US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic reserve, part of a response to recent production cuts announced by OPEC+ nations.
New Delhi [India], September 1 (ANI): Oil marketing companies have reduced the price of per unit commercial LPG cylinder by Rs 91.50 with immediate effect.
Nicosia [Cyprus] August 29 (ANI): The Russian invasion of Ukraine more than 6 months ago has caused a dramatic spike in natural gas prices and caused repeated energy shocks in Europe. The EU has accused Moscow of using energy as a weapon, while Russia denies this and blames western sanctions