Sports
Govt increases petrol price by Re0.56 per litre
字号+ Author:Smart News Source:Business 2025-01-10 23:18:48 I want to comment(0)
ISLAMABAD: The federal government on Tuesday notified an increase of Re0.56 per litre in petrol price for the first fortnight of 2025, starting from January 1. "The Oil and Gas Regulatory Authority (OGRA) has worked out the consumer prices of petroleum products in view of the fluctuations in the international market in the last fortnight," stated a notification issued by the Finance Division. As per the notification, the price of petrol has reached from Rs252.10 per litre to Rs252.66, after a slight increase of Re0.56. Meanwhile, the price of high-speed diesel (HSD) went up by Rs2.96, reaching Rs258.34 per litre from Rs255.38 per litre. In the previous fortnight, the government had kept the prices of petrol unchanged at Rs252.10 per litre besides reducing the rate of high-speed diesel by Rs3.05 to Rs255.38 per litre. Similarly, the prices of kerosene and light diesel were also slashed by Rs3.32 and Rs2.78 to Rs161.66 per litre and Rs148.95 per litre, respectively. Petrol is mainly used in private transportation, small vehicles, rickshaws, and two-wheelers. Higher fuel prices significantly impact the budgets of the members of the middle and lower-middle classes, who primarily consume petrol for commuting. On the other hand, a significant portion of the transport sector relies on high-speed diesel. Its price is considered inflationary since it is predominantly used in heavy goods transport vehicles, trucks, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers. The consumption of high-speed diesel particularly contributes to the increased prices of vegetables and other food items.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
3 ارب روپے کے ٹیکس فراڈ کے کیس میں ملزم کو 100 روپے کے ضمانتی بانڈ پر ضمانت مل گئی۔
2025-01-10 23:05
-
Year of unmet challenges
2025-01-10 22:38
-
Pindi’s crime rate declines by 36pc: police
2025-01-10 22:13
-
Ireland says urging full accountability over destruction in Gaza is not ‘hostile act’
2025-01-10 21:09
User Reviews
Recommended Reads
Hot Information
- وزیراعظم شہباز شریف نے اقتصادی ترقی کے لیے برآمدات پر مبنی ترقی اور سیاسی استحکام پر زور دیا۔
- Court asks Zulfikar Ali Bhutto Medical varsity to retake MDCAT within two weeks
- PM Shehbaz reaches Cairo for D-8 moot
- Punjab lead at Quaid Games
- Pak vs SA: Proteas take command after Green Shirts lose three wickets
- Key features of Tax Laws Amendment Bill 2024
- Pakistan, India agree to hybrid model for Champions Trophy, ICC events from 2024-27
- India proposes holding simultaneous mega polls
- کراچی کے اسکول موسم سرما کی چھٹی کے بعد آج دوبارہ کھل رہے ہیں۔
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content