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Daily Archives: February 1, 2018

Petrol price hiked by Rs 2.98/litre, stands at Rs 84.51/litre

Government has hiked petrol price by Rs 2.98/litre on Wednesday as petroleum products were subjected to a revision on Wednesday, approving summary forwarded to the finance ministry by Oil and Gas Regulatory Authority (OGRA). The revised price of petrol stands at Rs 84.51/litre while that of high-speed diesel stands at …

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SBP sells treasury bills worth Rs 1.153 trillion

– State Bank of Pakistan sold treasury bills worth Rs 1.153 trillion in first auction after the announcement of the monetary policy last week. The State Bank of Pakistan last week announced monetary policy for two months raising the interest rate by 25 basis point to 6 percent, surprising all …

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CCP imposes penalty on nine companies for deceptive marketing practices

The Competition Commission of Pakistan (CCP) has imposed a penalty of PKR 2.7 million on nine companies for deceiving consumers by fraudulently using the trademark of another company. Bahawalpur-based Al-Rehman Oil Mills complained to CCP against nine companies namely Niaz Corporation, Hamza Corporation, Muslim Corporation, Mian Traders, Bahawalpur Oil Mills, …

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Women of Grammys strike back after controversy

– New Zealand pop prodigy Lorde has thanked her fans for supporting female musicians, as artists hit back amid controversy that the Grammy Awards neglected women — a spat fueled by comments from the Recording Academy s president seen as disparaging. The 21-year-old s “Melodrama” was the only work by …

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Jolie condemns sexual violence against Rohingya

Special Envoy to the United Nations (UN) High Commissioner for Refugees, Angelina Jolie has condemned sexual violence against victimised Rohingya women amidst the crisis. Jolie met with a delegation of Bangladesh foreign ministry in Canadian Vancouver and according to a notification issued by the department, the ambassador condemned violence against …

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