• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, March 27, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Rs20 per litre cut in prices of diesel & petrol demanded – Business & Finance

March 13, 2025
in Business
Rs20 per litre cut in prices of diesel & petrol demanded - Business & Finance
Share on FacebookShare on TwitterWhatsapp

KARACHI: Zubair Tufail, President of the representative body of traders and industrialists, United Business Group (UBG), has demanded a reduction of Rs20 per litre in the prices of diesel and petrol.

Zubair Tufail stated that the price of petrol has significantly decreased in the international market and has fallen below $66 per barrel. In this situation, the government should provide complete relief to the public and reduce petroleum prices by at least Rs20 per litre.

He further said that industries are playing multiple roles in supporting the economy, such as creating employment opportunities, hiring workers, bringing in foreign exchange, and supporting the local community.

However, the government is not taking any steps to provide relief to the industrial sector, while a significant reduction in petroleum prices is necessary. Additionally, electricity prices should also be reduced.

Zubair Tufail mentioned that during the holy month of Ramazan, citizens’ lives in Karachi have been made difficult, as K-Electric has increased the duration of load-shedding in many areas of the city to 14 hours due to rising temperatures.

Nepra, the government, and K-Electric are collectively burdening citizens with higher electricity bills. Unfortunately, Pakistan’s progress and development have been hindered. Whenever the country moves towards development, obstacles are created. It is essential to address key issues such as petrol, electricity, gas, and others, especially for small and medium-sized businesses that are already facing various challenges.

Zubair Tufail urged the government to resolve city’s longstanding issues on a war footing and significantly reduce petrol and diesel prices to provide relief to both the public and businesses across the country.

KARACHI: Zubair Tufail, President of the representative body of traders and industrialists, United Business Group (UBG), has demanded a reduction of Rs20 per litre in the prices of diesel and petrol.

Zubair Tufail stated that the price of petrol has significantly decreased in the international market and has fallen below $66 per barrel. In this situation, the government should provide complete relief to the public and reduce petroleum prices by at least Rs20 per litre.

He further said that industries are playing multiple roles in supporting the economy, such as creating employment opportunities, hiring workers, bringing in foreign exchange, and supporting the local community.

However, the government is not taking any steps to provide relief to the industrial sector, while a significant reduction in petroleum prices is necessary. Additionally, electricity prices should also be reduced.

Zubair Tufail mentioned that during the holy month of Ramazan, citizens’ lives in Karachi have been made difficult, as K-Electric has increased the duration of load-shedding in many areas of the city to 14 hours due to rising temperatures.

Nepra, the government, and K-Electric are collectively burdening citizens with higher electricity bills. Unfortunately, Pakistan’s progress and development have been hindered. Whenever the country moves towards development, obstacles are created. It is essential to address key issues such as petrol, electricity, gas, and others, especially for small and medium-sized businesses that are already facing various challenges.

Zubair Tufail urged the government to resolve city’s longstanding issues on a war footing and significantly reduce petrol and diesel prices to provide relief to both the public and businesses across the country.

Tags: diesel pricespetrol pricepetroleum productsprices of diesel and petrolUBGZubair Tufail
Share15Tweet10Send
Previous Post

Health Department Announces Multiple Job Positions in Pakistan

Next Post

PRGMEA’s Carbon-Neutral Export Model to triple exports at net-zero emissions

Related Posts

Gulf markets slip as Middle East tensions keep investors cautious - Markets
Business

Gulf markets slip as Middle East tensions keep investors cautious – Markets

March 26, 2026
India asks auto industry to optimise production as Iran war hurts energy supplies - Business & Finance
Business

India asks auto industry to optimise production as Iran war hurts energy supplies – Business & Finance

March 26, 2026
LUMU.pk Founders Turn Down Major Acquisition Bid from Foreign Venture Capitalists to Focus on Building a Pakistani Brand
Business

LUMU.pk Founders Turn Down Major Acquisition Bid from Foreign Venture Capitalists to Focus on Building a Pakistani Brand

March 26, 2026
Oil rises as investors reassess Middle East ceasefire prospects - Markets
Business

Oil rises as investors reassess Middle East ceasefire prospects – Markets

March 26, 2026
Oil prices drop 2pc - Business & Finance
Business

Oil prices drop 2pc – Business & Finance

March 26, 2026
SECP approves seven pension funds for Balochistan under reform drive - Markets
Business

SECP approves seven pension funds for Balochistan under reform drive – Markets

March 25, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.