#Pakistan Diesel Price

[gadgetsqube]

MAJOR POINTS OF FINANCE (SUPPLEMENTARY) BILL, 2023

MAJOR POINTS OF FINANCE (SUPPLEMENTARY) BILL, 2023 #PetrolDieselPrice #PakistanEconomicCrisis #IshaqDar #BullMarket #minibudget #Budget2023

GST increased to 18% from 17% while daily-use items including wheat, rice, milk, pulses, and meat exempted GST increased to 25% from 17% on luxury items FED on cement will be raised from Rs1.5 per kg to Rs 2 per kg (2000/ton vs 1500/ton earlier) FED on the club, first, and business class air tickets are imposed at 20% of the gross amount or Rs 50,000 (whichever is higher) Withholding tax…

[todaynewspakistan0]

Big Fuel Price Drop Coming Soon! 🚨

Great news for Pakistani consumers! On September 14, 2024, petrol and diesel prices are expected to drop by Rs. 12 per liter. This major cut is thanks to lower global oil prices and a stable Pakistani rupee.

🔹 Petrol Price: Rs. 247-248 per liter 🔹 Diesel Price: Rs. 250-251 per liter

This reduction will help ease the cost of living and could lead to lower prices for various goods and services. For more information, check out our latest post at

https://todaynewspakistan.com/petrol-and-diesel-prices-in-pakistan-to-drop/

[pakscimission]

Pakistan increases the price of petrol, diesel and LPG with inflation on the rise

The finance ministry announced new rates as part of the fortnightly adjustment, raising the price of petrol by Rs 3.72 per litre and high-speed diesel by Rs 3.29 per litre. Following the hike, the new prices for petrol and HSD are Rs 252.10 and Rs 258.38, respectively. Additionally, the prices of light diesel oil and kerosene oil were reduced by 48 and 62 paise per litre, respectively. Since…

[sainbasha]

Cars and Cars- Karachi Memoirs

Cars and Cars

By:  Naveed Qazi

Probably it was a 1952 model Buick.  In those days mostly American or European cars plied on the streets of Pakistan.   Cars were not very common and whoever could afford one in those days would buy an American made Chevrolet, Desoto, Ford, Buick, Dodge or some premium brand like a Cadillac or a Mercedes from Germany.  The year was 1962, when I was born, and I was told that I came home in our Buick, which my dad had in those days.  Further details about the car are not available.  My paternal grandfather had a Desoto in those days.  This car was also popular in those days but later the brand died its own death.  Most of the American cars were luxurious and huge in size. Since petrol prices were not too much an issue, the cars did well in Pakistan.  On the Jeep front, Willys and Ford were the popular ones.  These were mostly used during world war and then became very popular with the civilians and you even find the restored versions from the 50’s still plying on the local roads.  

After a couple of years later, (and what I recall or have been told), we bought a Hillman Minx.  This was a British car.  I very vaguely remember the car as I was very small but the vivid memory that I have of our next car was a Vauxhall Viva, which was a two door car and made in England.  We kept this car till the year 1974.  The sixties however, went through a lot changes as far as car preferences were concerned.  Some of the brands which became popular and replacing the American Car market share in Pakistan, were of course Mercedes Benz, basically by those who could afford it.  In those days the popular models were the 180, 190 Diesel, 200 petrol and the 220S, the large bodied one.  This was the stunner and an all-time favorite.  The next in line category was the Opel Rekord and Volkswagen from Germany.  Two cars that really became popular in Pakistan.  The Rekord continued to be produced till the mid-eighties, then it was discontinued.  This was a large and roomy family vehicle.  The VW as was commonly known, was the small two door everyman’s car.  The peculiar thing about the VW Beetle, was it had the engine in the rear which would heat up in high temperatures in Pakistan.  The Beetle was a classic and was discontinued somewhere in the eighties (around) but again started in two thousand or so.  This car remained very popular the world over. 

Italians are known for their car designs to this day.  With the global sales of cars going up, they came out with the Fiat, which also became popular in our part of the world.  The small baby-like model was fiat 500 and 600, a small two door tiny vehicle.  The slightly bigger one was the Fiat 1100 D and 1100 R, in the mid-sixties, the 850 fastback coupe version, and later on the powerful 124 was introduced.  This car would run on Hi-Octane in those days and the Karachiites found it to be a fast powerful car.  The car was imported into Pakistan till around 1974 and later on, as it lost its popularity, was not imported in.  The Fiat 125P, which was manufactured in Poland was brought in the year 1975, but was a disaster and did not gain popularity at all.  I remember the 850 which my uncle bought in 1967, for around Rs. 16000/- or so.  The prices of regular cars available in Pakistan was in this range.

Some cars from France were also imported in the sixties, into Pakistan.  These enjoyed a more of a niche market and were sold in very small numbers.  These were the Peugeot, Renault and the Citroen.  The Renault 4. Which had the gear coming out of the dashboard, was imported by the government in 1975, but again, like the Fiat 125P, did not get popular at all.  

In the car market of course, the British did not stay far behind.  In the fifties and sixties, we saw a plethora of vehicles coming from UK.  The popular amongst them were the Vauxhall, Hillman, Ford models like Prefect, Consul, Cortina, Anglia, Morris and Austin.  The luxury brand, Rolls Royce and the Jaguar could be counted on fingertips in Pakistan due to their high price.  I remember our Hillman, our Vauxhall Viva, and mypaternal grandfather’s Vauxhall Victor of early sixties very clearly.  I also clearly recall the Triumph Herald, which was owned by an uncle of mine.  It was a light yellow colored one and pretty slick, two-door version.  The roly-poly Morris Minor was also very popular and I remember people in my greater family owning one.  I also remember a small Austin, two door version, was owned by my grand uncle and he would sit in front with his chauffeur.  The mini-Austin was also an all-time favorite, amongst car lovers, specially the Cooper version.   An outlier in the Karachi car space was the Skoda, manufactured in the Czech Republic.  It came and went.  

In the mid-sixties there came another change worth noting.  The government put up a few assembly plants for manufacturing cars.  The first one that I recall, was for manufacturing the Dodge Dart in around 1964 or 1965.  This model of Dodge Dart was manufactured in 1965 to 1967, (as I remember) and then production was stopped for some reason.  This was again resumed in 1969 in which the new shape of the Dart was manufactured, which continued till 1971. This was a very popular model and was the VIP and luxury car in those days.  Most of the senior government officials including Ministers, were given this car for use.  The other car that was manufactured locally was the Vauxhall Victor 2000. Another luxurious and large size car of those days, mostly used by senior officials.  The production was discontinued after 1973.  I remember both these vehicles very well as my uncle who was a senior in the government service had both of them.  The front seat of the Dodge was large and full, known as the bench seat, as was with most cars in those days, with a three speed column shift.  I remember driving this car in our lane somewhere around 1973, when I was only 11 years old.  My cousin Safdar, let me sit with him and drive partially in our quite lane in PECHS.  This was really a thrilling moment of my life.

Around 1966 a major intervention that I would term as the game-changer, came to Pakistan.  This was the entry of the Japanese cars in our market that actually changed the global car market, including Pakistan.  The Toyota Corona, a 1500 CC car was introduced in Pakistan for the first time.  The price was kept at around Rs. 17000/-.  Initially people were vary of the new breed of cars produced by Japan, but once the trend picked up, there was no stopping.  The Japanese cars were good on fuel and more reliable as compared to the other vehicles which were imported earlier.  Toyota instantly became the leader of the Japanese revolution.  The other models from other manufacturers were the Datsun (now Nissan) Bluebird and the Mazda 1500.  The Mazda was designed Giorgetto Guigaro, an Italian designer working for Bertone. Oh, what a design, sleek and sporty.  This immediately captured a niche market and became reasonably popular.  This 1500 continued till around 1971 and alter got converted to 1600 after 1972.  (Became the 616 and later 626).  

The Japanese continued with capturing the Pakistan market with the Corona till around 1972 and also introduced the Toyota corolla 1200 CC was also targeted for the economy-loving segment.  The Datsun also launched its 1200 version which was very efficient on fuel, and became the favorite Taxi car in Karachi.  The Mazda also came out with the 1000 and 1200model in the same period.  The government of Pakistan, somewhere in late 1973 or early 1974, imported vehicles from japan and issued permits to relevant people for purchasing the same.  The cars which were imported included a full range of Toyota vehicles, comprising of Toyota Crown, 2000 CC, Mark II, 2000 CC, Corona 1500 CC and Corolla 1200 CC, all 1974 models.  The Crown was targeted towards high end customers who wanted a luxurious vehicle, the Mark II for those who wanted power and a sporty look, the Corona for light comfort while the corolla for people who wanted a compact car with a good fuel economy.  The Mazda included a 1300 CC one, while Datsun was the 120Y.  Since the last few years Japanese vehicles had captured some market share and all the imported cars became very popular in no time.  In fact, since open import of cars were not available, the cars were being sold at a premium in the secondary market.    Till now air-conditioning was not a standard feature in the cars, and it continued like this for quite some years.   A second lot of imports by the government was done in 1977 and additionally, cars like Mazda 808, Mazda 929, and Datsun 260C were also imported, while cars like Mark II, Crown and Corona were dropped.  

We luckily obtained a permit in 1974 and opted to buy a Toyota Corolla in mustard yellow color.  We took delivery of the car and put in some seat covers and also installed a cartridge player with good speakers for music.  Than in 1977 again, we obtained a permit for a Mazda 808 and got it in Jackal Brown color.  Till now Japanese cars were the name of the game. Since we were nostalgic about old American cars, we also bought a used 1971 model Ford Torino, column shift, with a V8 302 cubic-inch engine.   This was in the year 1978. We continued with this car till 1984, and sold it off as it had become a white elephant.  During this period all the American car lovers would collect at Uncle Nazeer Shaik’s house in PECHS.  He was a connoisseur of American cars and had a garage at his house with a full repair facility for them.  I clearly remember meeting the big car lovers there and exchanging notes. I have a clear picture in mind of all the Ford’s, Oldsmobile’s, Chevy’s, Plymouth’s, Dodge’s, Caddy’s, and others. 

The next wave of change was brought about in around 1979 when the government allowed import of reconditioned cars by the private sector.  A few year old cars in a variety of metalliccolors, with good quality fabric seats, air-conditioning, fancywheel caps or fancy mag-wheels, wide radial tires and other accessories, branded as deluxe and hi-deluxe were introduced.  Even the variety of models and brands increase massively.  The car market accordingly progressed with the private sector players importing or people booking and getting cars on the gift scheme or bringing it back if they had worked for a specific period abroad.  The entry by Honda was also made in the Pakistan market by introducing the all Luxurious brand Accord in 1982 which immediately became popular in the upper segment.  The Honda Civic was also introduced in 1984 which immediately started giving a tough time to the Corolla.  

In 1982 the government introduced the Suzuki 800 FX, a small compact car, and also set up an assembly plant with Suzuki for manufacturing the cars locally.  The roll out of the locally manufactured Fx was in 1984, and immediately this car became very popular with the economy loving, sub-compact segment.  Completely Knocked Down Kits (CKD Kits) were imported and cars were assembled locally.  Some basic parts used in the car were also started being manufactured locally so that reliance on the imported parts could be deleted over time.  So the era of local assembled cars, along with imported ones started.  So now the market had a choice of sub-compact cars, and additionally Toyota and Honda also put up their assembly plants in the early nineties.  The hot-sellers were the Toyota Corolla and the Honda Civic and market was immediately captured by them. The demand was then met by the local assemblers by providing the market with reasonable good quality, luxurious vehicles, in which air-conditioning, power windows, automatic transmissionand other accessories became standard. 

The mid-eighties also saw the evolution of the market towards 4 wheel drive SUV’s.  The Launch of the 3 door and 5 door, Mitsubishi Pajero played an important role in bringing the Jeep revolution.  This became a hit immediately and especially the political people, rich businessmen and industrialist and landowners opted for it immediately.  This vehicle became a status symbol in those days.  Toyota also stepped in by launching the 3 door and 5 door version of the Land Cruiser II series.  The 3 door version was bought by the police department and also the army.  .  I was in Faisalabad in 1993 and I remember getting the Mitsubishi Pajero, 5 door, inter-coolerturbo from the bank as my official vehicle.  Later I purchased the vehicle and used it for a total of 10 years plus.

The auto market of Pakistan accordingly moved ahead.  The market was continuously fed by the local manufactures and some imports made by the people from abroad.  Luxury vehicles like Mercedes, BMW, Audi, Range Rover, etc. started to be seen on the roads.  The trend further increased as the government gave some import duty concessions for importing second hand vehicles.  So now a lot Prado’s, Land Cruisers belonging to the 4 wheel drive SUV front, became very visible on the roads.  Additionally the Mercedes’s and luxury German vehicles also became common with the affluent class.  The trend continued for quite some years, until very recently, when the government placed some restrictions on their import and also increased some imported duties. This resulted in the luxury cars becoming very expensive and non-affordable, to a major segment of the market,which were earlier able to afford the same.  However, some new plants set up by Korean manufacturers have also been set up and initially are focusing small SUV’s. 

This is the history of the Pakistan car market as observed by me since the day I was born.  Moving form big to small, fossil fuel to hybrid and electric, city to off-roaders and so on.  Where do we go from here?  I think we will move along with the global trends towards environment friendly vehicles.  This form of transport is definitely there to stay, at least for the next few decades if not more.

[shahananasrin-blog]

[ad_1] It is quite galling that our leaders are ready to listen to the IMF while ignoring the over 200 million citizens of Pakistan. The latter is whom they have been appointed to serve. Petrol and diesel prices have been increased again. In my opinion, it would be, in a way, incorrect to say that the caretaker government has raised prices. It is the IMF that tells our incapable leaders what to do and what not.Anwar Sayab KhanBannu [ad_2]

[blogynews]

"Pakistan's Perilous Plight: An Unexpected Twist as Petrol and Diesel Prices Skyrocket Once More"

Pakistan, facing a worsening economic crisis, has announced yet another increase in the prices of petrol and high-speed diesel. The decision to raise prices was made in response to the “increasing trend” of petrol prices in the international market, according to a statement from Pakistan’s Finance Ministry. This recent hike comes just two weeks after the previous increase, further burdening the…

[blogynewz]

"Pakistan's Perilous Plight: An Unexpected Twist as Petrol and Diesel Prices Skyrocket Once More"

Pakistan, facing a worsening economic crisis, has announced yet another increase in the prices of petrol and high-speed diesel. The decision to raise prices was made in response to the “increasing trend” of petrol prices in the international market, according to a statement from Pakistan’s Finance Ministry. This recent hike comes just two weeks after the previous increase, further burdening the…

[blogynewsz]

"Pakistan's Perilous Plight: An Unexpected Twist as Petrol and Diesel Prices Skyrocket Once More"

Pakistan, facing a worsening economic crisis, has announced yet another increase in the prices of petrol and high-speed diesel. The decision to raise prices was made in response to the “increasing trend” of petrol prices in the international market, according to a statement from Pakistan’s Finance Ministry. This recent hike comes just two weeks after the previous increase, further burdening the…

[todaynewspakistan0]

🚨 Big News: Fuel Prices Cut! 🚨

Starting September 16, 2024, petrol and diesel prices are getting a major reduction! Here's what's happening:

Petrol: Now Rs. 249.10 (a drop of Rs. 10)

High-Speed Diesel: Now Rs. 249.69 (a drop of Rs. 13.06)

This marks the fourth consecutive decrease in fuel prices, thanks to falling international oil prices and a stable Rupee. This means more savings and potential lower costs for goods and services! 🌍💸

Stay informed and enjoy the benefits of these price cuts.

[multithinker]

Exploitative Petrol and Diesel Price Hike: A Betrayal of the People by an Out-of-Touch Government

The caretaker government’s audacious move to jack up petrol and diesel prices by a staggering Rs 20 per litre is an outright betrayal of the already beleaguered citizens of Pakistan. It’s not just a matter of a price hike; it’s a slap in the face of every hardworking individual who is grappling with the suffocating burden of inflation and a crumbling economy. And what’s their justification? Oh,…

[todaynowreport]

Pakistan government announces petrol, diesel prices will remain unchanged

ISLAMABAD (PAKISTAN): Pakistan finance minister Ishaq Dar has announced to keep the prices of petrol and diesel unchanged, ARY News reported.ARY News is a Pakistani news channel.Ishaq Dar said that the prices of petrol and diesel will remain unchanged. The decision to keep the petroleum products prices unchanged is taken in view of international rates, according to ARY News.Earlier, Pakistan…

[dreamerinflatable]

2023/6/14 Hot spots at home and abroad, poor information

1. Development and Reform Commission: By the end of 2023, small-scale taxpayers with monthly sales of less than 100,000 yuan will be exempted from value-added tax; Central Office and State Office: developed regions shall not snatch outstanding principals and teachers from the central, western and northeastern regions;

2. Refined oil prices fell for the sixth time this year: No. 95 gasoline is expected to be lowered by 0.05 yuan, both No. 92 gasoline and No. 0 diesel oil will be lowered by 0.04 yuan, and No. 95 gasoline will enter the "7 yuan era" in most areas;

3. Qinghai: 16 tourist and shopping venues were shut down due to unclear price tags and induced shopping; Beijing: The minimum living allowance standard is planned to be raised to 1,395 yuan per person per month, which will be officially implemented in July;

4. Hainan: It is planned to distribute subsidy funds to the first batch of 29,676 new energy vehicle buyers who meet the subsidy conditions, with a total of RMB 67.026 million;

5. An explosion occurred in a residential building in Yuancuizhongli, Hedong District, Tianjin. Sub-district Office: 26 households were damaged. Residents: heard two loud noises, the second to fifth floors were completely blown up, smelled burnt, and some people were injured, suspected to be gas explosion;

6. A takeaway boy in Hangzhou encountered a woman drowning and dived from a bridge more than ten meters high to save her. Witnesses: He reminded him of the danger but he refused to turn back. The police: will apply for him to do justice;

7. Concerned about the escalation of tension in the Taiwan Strait, the US government is secretly working on a plan for the evacuation of American citizens in Taiwan.

8. US media: The Biden administration wants to increase the number of permanent members of the UN Security Council by about 6 seats, but does not grant these countries the right of veto;

9. A former intelligence officer of the U.S. military broke the news again: some humans were killed by aliens, and the U.S. government kept them secret;

10. Prime Minister Han: If the nuclear sewage treatment is fully up to standard, it can be drunk. Foreign Minister South Korea: Oppose nuclear sewage to be discharged into the sea without safety verification;

11. In Nigeria, a boat carrying hundreds of people capsized in the Niger River in the central part of the country, possibly killing more than 100 people;

12. For the first time, Pakistan used RMB to pay for Russian crude oil, and the payment was no longer mainly in US dollars; Putin signed a decree: Approving the agreement on Russia's natural gas transmission to China through the Far East route

13. Wildfires in Canada continue to rage and have burned more than 47,000 square kilometers of land. The smoke has reached Europe. Experts: climate change makes wildfires more intense and frequent;

In the fifth game of the NBA Finals, the Denver Nuggets defeated the Miami Heat at home to win the championship. Fans flooded the streets to celebrate. A sudden shooting incident injured 9 people;

[worldspotlightnews]

Weekly inflation increased by 0.92 percent in Pakistan - SUCH TV

Consumer prices witnessed an increase in the outgoing week on the back of wheat flour, gas, diesel, eggs, onion, rice, cigarettes and bananas, taking the weekly inflation to 44.49% on an annual basis, the official data showed on Friday. The short-term inflation, measured by Sensitive Price Indicator (SPI), for the current week ended on April 6, 2023 recorded an increase of 0.92%, said Pakistan…

[gadgetsforusesblog]

Pakistan Economic Crisis: A New Inflationary Pressure Strikes As Fuel Prices Diesel Rs 293 And Petrol Rs 272 Details

Pakistan crisis: The problems of Pakistan, which is experiencing an economic crisis, do not assume the name of abatement. On the one hand, waiting for help from the IMF is increasing. On the other hand, people’s difficulties are increasing because of the uncontrollable inflation. In fact, the price of petrol and diesel has risen again in Pakistan. This increased gasoline price in Pakistan came…

[shahananasrin-blog]

[ad_1] The interim government has increased the price of petrol in Pakistan by Rs14.91 per litre, marking it as the highest one ever achieved in the country’s history. The new price of petrol will be Rs305.36 per litre after increment. Similarly, the price of high speed diesel has been increased by Rs18.44 after which its price will be Rs311.84. The rates of light speed diesel and kerosene oil remain unchanged. These rates will be revised on September 15. Notably, several fuel stations across the country were shut down a couple of hours before anticipated hike. The surge in fuel prices has compounded the misery of people already struggling with runaway inflation. It would mean higher transportation costs, increased inflation, reduced economic activity and impact on the poor and vulnerable. [ad_2]

[blogynews]

"Unexpected Twist: Pakistan's Crisis Sparks Another Shocking Price Hike for Petrol and Diesel!"

In the wake of mounting economic difficulties, Pakistan has announced yet another increase in the prices of petrol and high-speed diesel. The decision to hike the prices was made in response to the “increasing trend” of petrol prices in the international market, according to an official statement from Pakistan’s Finance Ministry. The new price hikes entail an increase of Pakistani Rupees (PKR)…