The State Bank of Pakistan (SBP) reported that the total money supply in the economy reached 40.09 trillion rupees by November 2024. This represents a modest monthly increase of 0.39% from 39.93 trillion rupees in October and a significant increase year-on-year. By 13.95% compared to 35.18 trillion rupees in November 2023. Breaking down the money … Read more
Islamabad: Road closures imposed by the government to hinder the PTI’s march towards Islamabad have severely disrupted the fuel supply chain, raising the specter of shortages in major cities such as Lahore and Rawalpindi. Petroleum Traders Association Secretary Khawaja Atif warned that petrol stocks in Lahore and other parts of Punjab have started to run … Read more
Indus Motor Company Ltd. announced (INDU), the manufacturer of Toyota vehicles in Pakistan, announced the temporary suspension of operations at its production plant due to ongoing supply chain disruptions and shortages of raw materials and essential components. The suspension will continue from October 29 to October 31, 2024, according to the notification submitted to the … Read more
Representative picture of a gas stove. – AFP/File SNGC MD says gas demand increases three times in winter. Amer Tufail says restrictions on new gas delivery will continue. He says SNGC does not take subsidy from the government. LAHORE: Despite the three-fold increase in gas demand during the winter, SNGC will ensure gas supply during … Read more