Rs40 | Pakistan

The government has increased the price of kerosene oil by another Rs40 per litre and approved Rs23 billion price differential subsidy for payments to oil marketing companies (OMCs) to keep the prices of two other oil products — petrol and high-speed diesel (HSD) — unchanged for the week ending March 20. Otherwise, the petrol and HSD prices should have gone up by more than Rs49 and Rs75 per litre with effect from March 14. With fresh price notification, Kerosene, commonly described as poor man’s fuel, has become the most expensive consumer product at Rs358 per litre and has seen the highest increase among all fuels since March 7. The kerosene rate has now increased by about 12.6pc on March 14, bringing its cumulative increase to 90pc from Rs188.87 earlier this month. In formal orders, the petroleum division of the energy ministry said that the prime minister had approved keeping the prices of HSD and MS unchanged, and that the government will pay the price differential of Rs75.05 per litre and Rs49.63 per litr...

ISLAMABAD: Pakistan is attracting substantial foreign interest across a broad spectrum of sectors, including energy, logistics, information technology, agriculture, mining, and digital infrastructure, with much of this activity taking place through partnerships and joint ventures with local companies. Over the past three years, 79 new foreign companies have commenced operations in the country, while foreign firms invested Rs40.7 billion in key sectors during the same period. According to data released by the Securities and Exchange Commission of Pakistan (SECP), 1,157 foreign companies are currently registered and operational in Pakistan. Nineteen foreign companies exited the market over the last three years. In 2023, 31 new companies entered Pakistan while six ceased operations. In 2024, 21 entered and nine exited. In 2025, 27 new companies registered, compared to just four closures. Beyond new market entries, foreign participation has also expanded through equity transactions. A total of 61 shareholding tra...

The Punjab government has fixed the minimum monthly wage for workers at Rs40,000.