logo
Naanbais threaten to increase roti price

Naanbais threaten to increase roti price

Express Tribune14-05-2025

Get ready for fresh loaves at fresh prices! The city commissioner has announced new prices for naan and chapati, with strict warning against overcharging. PHOTO: JALAL QURESHI/EXPRES
The Naanbai Association has threatened to raise the prices of bread, naan and paratha after the price of a sack of flour and white flour increased by Rs300 to Rs500 in the wholesale and open markets.
The association demanded that if prices are not reduced, the cost of these items will increase next week. A meeting of the Price Control Committee has also been convened to discuss this matter.
Shafiq Abbasi, the central president of the Naanbai Association, says the price of a 79kg sack of red flour has surged from Rs5,250 to Rs5,750. After including loading and unloading transportation charges, the cost of this sack reaches Rs5,850 by the time it reaches the tandoors.
Meanwhile, the price of a sack of white fine flour has increased from Rs6,400 to Rs6,700.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Restaurants 'hoard' cylinders amid anticipated LPG crisis
Restaurants 'hoard' cylinders amid anticipated LPG crisis

Express Tribune

timea day ago

  • Express Tribune

Restaurants 'hoard' cylinders amid anticipated LPG crisis

Empty Liquefied Petroleum Gas (LPG) cylinders are seen at a gas distribution centre. PHOTO: REUTERS Amid fears of a looming liquefied petroleum gas (LPG) crisis, large hotels and tandoors in Rawalpindi have allegedly begun hoarding gas cylinders, buying and storing four to seven extra commercial cylinders. LPG Association Chairman Irfan Khokhar warned that tensions between Iran and Israel could aggravate the LPG situation, with negative impacts already being felt. He expressed concern over a potential nationwide shortfall in LPG supply. According to Khokhar, the price of domestic gas cylinders could exceed Rs6,000, with per-kilogram rates reaching up to Rs500. Commercial cylinder prices could hit Rs23,000. Pakistan's daily LPG consumption stands at 6,000 metric tons, while current reserves are insufficient. Only 13,000 metric tons of LPG are stored at Port Qasim, and imports of 100,000 metric tons per month from the Pak-Iran border have been halted. The association has submitted a formal request to Prime Minister Shehbaz Sharif and the Minister of Petroleum for immediate action. Without timely intervention, a severe gas cylinder crisis is feared.

Punjab finalises new local government draft
Punjab finalises new local government draft

Express Tribune

time2 days ago

  • Express Tribune

Punjab finalises new local government draft

The Punjab government has finalised the draft of a new local government system, party sources confirmed on Wednesday, with the proposed Local Government Act 2025 expected to be passed in the provincial assembly after the budget session. According to party insiders, the new system will eliminate direct elections for union council chairmen and vice-chairmen. Instead, elected councillors will select the top representatives. Furthermore, the method of councillor elections at the ward level is also being revised. Under the new mechanism, councillors will contest elections across the entire union council rather than individual wards. Party sources further revealed that, unlike the previous model, financial and administrative powers will now be devolved to tehsil councils instead of district councils. As part of the upcoming fiscal plan, the Punjab government has earmarked Rs5 billion specifically for the conduct of local government elections. In the first phase, the assembly will approve the budget, followed by the passage of the new Local Government Act 2025. Meanwhile, speaking to reporters in Lahore, Punjab Minister Local Government Zeeshan Rafique said the legislative process concerning the new law was expected to be completed by July.

CAT upholds CCP decision against PSM
CAT upholds CCP decision against PSM

Business Recorder

time2 days ago

  • Business Recorder

CAT upholds CCP decision against PSM

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan (CCP) decision against Pakistan Steel Mills (PSM), affirming its ruling that the state-owned enterprise had abused its dominant position in the sale of low carbon steel billets. The CCP had imposed a penalty of Rs25 million for PSM's anti-competitive and discriminatory conduct. While acknowledging the violation, the Tribunal partially allowed PSM's appeal and reduced the penalty to Rs5 million, citing the limited duration of non-compliance. The CCP took suo motu notice in 2009 following media reports and a complaint by M/s Frontier Foundry (Pvt.) Ltd., which alleged preferential treatment by PSM towards a particular buyer, Abbas Group, at the expense of other market participants. CCP's investigation revealed that PSM withheld supply of key steel products between November 2008 and January 2009 without any objective justification, thereby violating Section 3 of the Competition Ordinance, 2007. The Tribunal observed that PSM failed to inform all buyers of product availability, enabling exclusive access for a single group and causing harm to other market players. Such conduct, the Tribunal noted, constituted abuse of dominance under Section 3(2)(g) and (h) of the Ordinance. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store