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Express Tribune
7 days ago
- Business
- Express Tribune
Gold prices in Pakistan continue upward trend amid global surge
Listen to article Gold prices in the local market continued their upward trajectory on Tuesday, mirroring the surge in global demand and record-high international rates. In the international bullion market, the price of gold rose by $10 per ounce, reaching $3,357. This upward movement contributed to continued price hikes in domestic markets. According to local jewellers, the price of 24-karat gold increased by Rs1,000 per tola, bringing it to Rs354,100. Similarly, the price of 10 grams of gold rose by Rs857, reaching Rs303,583. Silver prices also witnessed an increase. The price of silver rose by Rs130 per tola to reach Rs3,586, while the rate for 10 grams climbed by Rs112 to settle at Rs3,084.
Time of India
30-05-2025
- Time of India
Ditch day plans, unwind by Delhi's lakes on summer evenings
Want to hang out with family and friends, but the sweltering heat is stopping you? Step out when the sun goes down and head to one of Delhi's many lakes, where the vibes are cool, the skies turn gold, and there's a lot to do – or not – as you unwind amid nature. Tired of too many ads? go ad free now From taking a walk with your doggo and listening to the birds sing to enjoying a boat ride – the city's water bodies offer a relatively cool and pretty chill way to spend summer evenings. We take you through the scenic lakeside spots in the city that you can visit over the weekend. Naini Lake A North Delhi gem, Naini Lake is perfect for paddle boating and evening strolls. 'The lake is visited by many residents and college-goers in the evening. A 30-minute paddle boat ride costs Rs130 for four people. The motorboat ride costs Rs250 for six people,' shares a Delhi Tourism employee. Naini Lake 'Good time to spot resident birds' While migratory birds have departed, resident birds can be spotted in and around the lakes of Delhi during late summer afternoons. Kavi Nanda, a member of Delhi Bird Foundation, shares, 'During this time, most lakes in Delhi are home only to resident species. One may spot egrets, spot-billed ducks and herons. There's a good chance of spotting spot-billed ducks with chicks or coming across active heronries, egrets, cormorants, storks and ibises. The green patches around these water bodies are also ideal for spotting summer birds like the Indian golden oriole, Asian koel and common hawk-cuckoo.' 'Good time to spot resident birds' Sunder Nursery Lake With floral blooms on both sides of the walkway, the lake at Sunder Nursery offers a picture-perfect pause amid the heritage gardens Sunder Nursery Lake "For centuries, water bodies – baolis, temple tanks – have served as places of social congregation for people. At Sunder Nursery, the five-acre lake is a favourite among families and groups of young friends. Here, screaming wild ducks, red-vented ibis, screeching owls and squaking mynas turn the evenings into a therapeutic retreat," says Ratish Nanda, CEO, Aga Khan Trust for Culture Bhalswa Lake Tucked away in Northwest Delhi, Bhalswa is a vast lake popular for its water sports and peaceful birding spots Bhalswa Lake Purana Qila Lake Adjacent to Delhi's historic fort, this lake is known for its view of the centuries-old fort Purana Qila Lake Hauz Khas Set against the backdrop of medieval ruins, Hauz Khas lake draws crowds for evening walks, jam sessions, photography and chilled-out evenings Hauz Khas
Time of India
10-05-2025
- Business
- Time of India
Chicken prices inch up in Andhra Pradesh as bird flu, heatwave, and low farmer margins push poultry sector into crisis
VISAKHAPATNAM: After weeks of slump, chicken prices are increasing across the state due to summer conditions. Live broiler chicken is selling for Rs140 per kg, while dressed chicken is priced at Rs260 per kg. Despite the market price of chicken reaching Rs260 per kg, the poultry industry in the state continues to face sustainability challenges because of significant losses experienced in February 2025 due to bird flu, as well as the mounting cost of production and adverse weather conditions. Poultry farmers (broiler chicken growers) in several parts of Andhra Pradesh are expressing reluctance about remaining in the sector. Operation Sindoor 'Pakistan army moving its troops in forward areas': Key takeaways from govt briefing 'Pak used drones, long-range weapons, jets to attack India's military sites' 'Attempted malicious misinformation campaign': Govt calls out Pakistan's propaganda Although the retail price of skinless dressed chicken has reached Rs260 per kg, poultry farmers receive only Rs100-Rs110 per kg for live birds, making the trade less attractive for them. K Srinu, a poultry farmer in Vizag city and representative of the Broiler Chicken Association of North Coastal Andhra Pradesh, told TOI that chicken prices have risen by around 20 per cent state-wide in the past week. This increase is attributed to the gap between demand and supply, as hot weather conditions have reduced production output. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Want Lower Bills Without Changing a Thing? elecTrick - Save upto 80% on Power Bill Learn More Undo 'We incurred losses for the past few months due to bird flu in February 2025 and lower prices during March and April. We anticipate that chicken prices may further rise in the coming days due to the widening gap between demand and supply, and poultry farmers might finally see some profits,' Srinu said. If poultry farmers get at least up to Rs130 per kg for a live bird, they will get some profits. However, the country chicken (Naati Kodi in local parlance) growers are getting good profits as they are selling at Rs700-Rs800 per kg live bird due to low production and high demand, said G Ramu Naidu, a poultry farmer in North Andhra Pradesh. This summer, eggs and broiler chicken will be slightly costlier in the coming days as the hot weather leads to poor production. The reason for the possible price hike is increased production cost and the recent bird flu impacted the poultry industry, where many stopped chicken farming, said Sk Husain, a meat trader. Chicken lovers say that not only fish prices, but also chicken prices are slowly increasing in the summer. Chicken was considered an ordinary person's nutritious food, but it will become costlier in the coming days, said V Ganesh, a chicken lover.
Express Tribune
29-04-2025
- Business
- Express Tribune
Pindi greenlights 12 cattle markets
The ticks found on the skin of sacrificial animals from the Punjab had been found free of virus. PHOTO: FILE The district administration has approved the setup of sacrificial animal markets at 12 designated locations across Rawalpindi, starting from May 28. Selling animals in residential streets, alleys, or on busy inner-city roads will be strictly prohibited. Violators may face fines, challans, and confiscation of animals. The livestock markets will be organised under the supervision of District Council, Rawalpindi Cantonment Board (RCB), and Chaklala Cantonment Board (CCB). The process for awarding contracts for managing these markets has already begun. Facilities in these markets, such as drinking water for animals and traders, as well as electricity, will be provided against charges. Temporary electricity meters will be installed, and water will be supplied via tankers, also on a paid basis. Tent shades and waiting areas will be the responsibility of stall holders. This year, reports of rising prices for sacrificial animals are already causing concern among buyers. Traders estimate a 3040% increase in prices compared to last year. Key reasons cited include high utility bills, costly stall and land rentals, expensive transportation of animals, toll taxes, and the steep prices of fodder and drinking water within the markets. The largest market will be set up under the RCB at Bhatta Chowk, near the border area of Rawalpindi and Islamabad. Spaces for food stalls, beverages, animal decoration items, and fodder will also be rented out. Parking fees for loader vehicles and buyers' cars have also been increased. Under the District Council's supervision, livestock markets will be established at Rawat, Adiala Road, Chakri Road, Gujar Khan, Kallar Syedan, Kahuta, Kotli Sattian, Murree, and Taxila. CCB will set up markets near Mareer Chowk beside Sangit Cinema, and another one will be located behind the Lahore High Court (LHC) Rawalpindi Bench as per tradition. Preparation for market setup will begin from May 15, and animal arrivals and early sales are also expected to start from that date. However, the markets will officially operate from May 28 until the evening of the second day of Eid. As per current price ranges, bulls are expected to cost between Rs300,000 to Rs1.5 million, while goats and sheep are priced from Rs130,000 to Rs300,000, with prices expected to rise further closer to Eidul Azha. Entry fees have also been fixed at Rs2,000 for small animals and Rs3,000 for large animals. Contractors will also be responsible for daily cleaning and sanitation of the markets.
Express Tribune
25-03-2025
- Business
- Express Tribune
PSMA blames Satta mafia for price hike
Listen to article A Pakistan Sugar Mills Association (Punjab Zone) spokesperson stated that the artificial surge in sugar prices, driven by the Satta Mafia, profiteers, and hoarders, has been successfully reversed following the government's decision to set ex-mill and retail price benchmarks. In a statement, he said a General Body meeting of PSMA, held on Tuesday, ruled out any sugar shortage, assuring that stocks are sufficient to meet consumer demand. He accused Karyana Merchants, the Satta Mafia, and hoarders of spreading baseless rumours to inflate prices. However, sugar prices have now returned to the government-set benchmark, which was agreed upon by the industry in the best interest of consumers. This price will remain in effect until April 19. Additionally, the industry has provided discounted sugar at Rs130 per kg at 274 stalls during Ramazan. He dismissed reports linking price hikes to sugar exports as completely false. The industry has urged the government to adopt a two-tier pricing mechanism, distinguishing between industrial/commercial consumers (80% of total consumption) and domestic consumers (20%). It proposed that the government subsidise sugar for low-income households, using programmes such as the Benazir Income Support Programme or other targeted interventions.
