According to a notification issued by the Finance Division, the new price of gasoline, as of October 16 (today), is 137.79 rupees per liter, while high-speed diesel will sell for 134.48 rupees. Meanwhile, the prices of kerosene and light diesel (LDO) have been increased by Rs. 10.95 and Rs. 8.84 per liter, respectively. The new price of kerosene is Rs 110.26 per liter and that of LDO is Rs 108.35 per liter. This may be the first time that data has become publicly available that the four major petroleum products are sold above Rs 100 per liter in the country. The notification stated that oil prices on the international market had risen by around $ 85perbarrel, the highest since October 2018. due to increased demand for energy inputs and supply bottlenecks ”, he added.
The government has absorbed the pressure of rising international rates and provided “maximum relief” to consumers by keeping the petroleum tax and sales tax to a minimum, the finance division said. “Therefore, the prices calculated by Oil and Gas Regulatory Authority (OGRA) have been approved,” he added. It is relevant to mention here that the government raised the price of gasoline by 4 rupees per liter earlier this month. The government took a billion-dollar hit to ensure a minimum burden passed on to the public: Minister of State for Information Farrukh Habib defended the price increase, claiming it was still below international oil prices then that in the last 15 days, Oil prices have increased by 13.5%in the world, but we have only increased the rates by 8%,”the minister said in a speech to the media in Faisalabad “The difference has been absorbed. By the government.
“We have chosen to raise billions of dollars from our revenues, but we have made sure that the public burden of this increase is as low as possible. “Coal, through which electricity is produced and used in many of our industries. Its price has gone from $ 50 to $ 250. We import all edible oil. Its price went from $ 500 to $ 1,200 and $ 1,300. It is an extraordinary inflation that has occurred allover the world. “Circumstances have changed around the world because of the coronavirus, which is why prices are increasing all over the world. Habib cited a report from the Food and Agriculture Organization of the United Nations which said it was the biggest rise in inflation since 1970.
He detailed the government’s plans to curb the inflation and held previous governments responsible for the energy crisis in which the current government is embroiled. Interior Minister Sheikh Rashid also addressed rising prices at a ceremony in Islamabad, saying Pakistan was the target of a wave of hikes in international oil rates. “No leader wants inflation, a crisis in the world has come from an[increase] in the prices of petroleum, edible oil and wheat,” he said. The interior minister attributed the rise in prices in Pakistan to the increase in prices in international markets.
Many of students achieved 1100/1100 marks in Intermediate examination
Dozens of college students received 1100 out of 1100 marks withinside the Intermediate Annual Examinations of the Board of Intermediate & Secondary Education (BISE) Lahore. Similarly, there had been reviews of such instances from different 8 examination forums of Punjab. It is pertinent to say right here that Intermediate Annual Exams had been held below unique instances this 12 months due to COVID-19.
The applicants had seemed in non-obligatory topics simplest whilst as in keeping with the coverage their marks received in non-obligatory topics had been meditated in obligatory topics with five percentage extra marks. This brought about most marks i.e. 1100 out of 1100 marks in a few instances. Among individuals who secured 1100 out of 1100 marks additionally blanketed college students from Daanish Schools (Roll numbers 531415 and 580695). It is likewise pertinent to say right here that as in keeping with the promoting coverage which turned into accredited with the aid of using the Provincial Cabinet recently, all the ones applicants who failed in any situation had been provided 33 percentage marks.
Therefore standard byskip percent turned into over ninety eight percentage. The relaxation of the 2 percentage applicants had now no longer seemed withinside the exams. Meanwhile, Board of Intermediate & Secondary Education (BISE) Lahore on Thursday introduced the consequences of Intermediate (Part-I & Part-II) Annual Examinations in keeping with which standard ninety eight.seventy one percentage college students had been declared a hit withinside the examination. As in keeping with recently-accredited promoting coverage, no candidate of BISE Lahore turned into declared fail like relaxation of the 8 forums of Punjab.
The final nearly percentage applicants who did now no longer seem withinside the examination had been the scholars who couldn’t pass into subsequent elegance as in keeping with promoting coverage. BISE Lahore Chairman Dr Mirza Habib Ali introduced the consequences in the course of a press convention on the board’s office. He in addition stated that no role holders could be introduced because the board had observed the promoting coverage.
To a query he stated that due to the fact no person had get entry to to the end result records until Thursday night simplest easy insights can be shared with media. As in keeping with the break-up, in Pre-Medical institution 15,589 applicants secured A+ grade, in Pre-Engineering 4,505, General Science 2,999, Commerce 422 and in Humanities institution five,403 applicants secured A+ grade. Overall 31,353 applicants were given A+ grades, 23,737 applicants were given A, 29,601 applicants were given B whilst 35,067 applicants were given Grade C, 39,219 applicants were given Grade D whilst 24,347 applicants were given E grade.
It is pertinent to say right here that applicants performing for the intermediate exam had tried papers of non-obligatory topics simplest. Dr Mirza Habib in addition stated that every one the ones applicants who did now no longer need to get 33 percentage marks provided and all the ones applicants who couldn’t seem withinside the annual examination ought to take a seat down withinside the Intermediate Special Examination beginning from November 27, 2021.