Tag: price

Customer`s treat: PTCL increases bandwidth, decreases price

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STAFF REPORT ISB: Pakistan Telecommunication Company Limited (PTCL) has come up with exclusive packages for EVO, Nitro and Charji services with enhanced bandwidth and decreased costs. According to PTCL sources, the new packages have been announced in order to cater the market need and expand the market share of the company in 3G and 4G. The growing number of subscribers is also due to the launching of several 3G, 4G enabled Smartphones which has prompted PTCL to cash in and expand its…Read More

Treat for customers: PTCL increases bandwidth, decreases price

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article image STAFF REPORT ISB: Pakistan Telecommunication Company Limited (PTCL) has come up with exclusive packages for EVO, Nitro and Charji services with enhanced bandwidth and decreased costs. According to PTCL sources, the new packages have been announced in order to cater the market need and expand the market share of the company in 3G and 4G. The growing number of subscribers is also due to the launching of several 3G, 4G enabled Smartphones which has prompted PTCL to cash in and expand its…Read More

Put price Tag on Research Results, Secretary MoST Directs Scientists

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article image Staff Report ISD: Motivation is the basic element to accomplish any task; without financial resources and with motivation one can do miracles, said Kamran Ali Qureshi, Federal Secretary, Ministry of Science and Technology (MoST). He was addressing a Certificate Award Ceremony held at Pakistan Science Foundation (PSF) as chief guest. The function was held to award certificates and shields to the officers and staff of MoST and its associated departments for preparation of thefloatwhich…Read More

PPA stresses price control on poultry products

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STAFF REPORT LHR: Pakistan Poultry Association (PPA) has stressed the need for determining the price control mechanism for poultry products in order to control any undue hike in its rates."There is no force but few whole-sellers in the market, who determine the poultry prices of their own in the twins cities of Islamabad and Rawalpindi." "A few people are determining the poultry products prices in the market, which is against the consumers rights and new price control…Read More

Cotton phutti price fixation to ensure more yield

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article image STAFF REPORT ISB: The fixation of intervention price at Rs 3,000 per 40 kg for seed cotton phutti will help save farmers from any possible loss due to price fluctuation in future. As part of measures adopted by the government to improve cotton production in Pakistan, this very step will encourage the farmers to cultivate more cotton in future as it would improve the crop production. Enumerating details of the measures, sources at the Ministry of Textile Industry have said that…Read More

Wheat support price fixed at Rs1200/40kg

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STAFF REPORT IBD: With the consensus of majority of the provincial governments, it has been decided that Rs 1200/per 40kg should be maintained as minimum guaranteed price (MGP) of wheat for year 2013-14. This was disclosed while giving briefing to the National Assembly Standing Committee on National Food Security and Research during a recently held meeting on the wheat issues. The meeting was informed that all the provinces, except Sindh were of the opinion that support price would be…Read More

Wheat support price increases to Rs 1200

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article image STAFF REPORT IBD: The federal government has increased the wheat support price of 40-kg bag to Rs 1,200 from the existing Rs 1,050 for the next crop after it was informed that international wheat price was much higher, resulting in smuggling.The decision of wheat support price raise has been taken at a meeting of the Economic Co-ordination Committee (ECC) of the Cabinet, which was presided over by Finance Minister Dr Abdul Hafeez Shaikh.The ECC was of the view that high wheat prices in…Read More

Urea price may be cut by Rs150/bag

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article image STAFF REPORT LHR: The government has devised a new price formula recommending reduction of Rs 68 per MMTBU in Gas Development Surcharge (GDS), 4.7 per cent reduction in GST and provision of 200 MMCFD uninterrupted gas supply to urea plants, which will reduce the urea price by Rs150 per bag."The Ministry of Industries has also recommended to the ECC that the urea availability as per demand can be ensured through combination of provision of gas to the local fertilizer industry and import of…Read More

Growers, millers reject cane support price

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article image STAFF REPORT LHR: The recently announced sugarcane support price has created a wave of uncertainty among farmers and sugar millers across Punjab as the former believe that the price will not even cover their cost of production and the latter consider it higher that will push sugar prices in the market.The Punjab Cane Commissioner Captain Usman had set the support price at Rs170 per 40 kg this year, an increase of Rs20 or around 13% compared to previous year’s price of Rs150 per 40 kg.Farmer…Read More

Fixing wheat support price

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PAKISTAN is an agricultural state, thus agriculture is the mainstay of the country’s economy. It’s significance is manifold as it provides food to the people, raw materials to industry and is a base for earning foreign exchange through foreign trade. Wheat is the most important staple crop of the country. Also, the burgeoning cost of inputs had compelled the farmers to cultivate and produce for self-consumption rather than the nation. Such food scarcity had resulted in food inflation in the…Read More