Latest news with #Rs300
Business Recorder
6 days ago
- Business
- Business Recorder
Prices of daily-use items show upward trend
PESHAWAR: Upward trend in prices of daily use items like live chicken/meat, vegetable, pulses, cooking oil/ghee and others was witnessed, according to a survey carried out by Business Recorder here in the local market on Sunday. A marginal increase in prices of live chicken was registered as it is being sold at Rs465 per kilogram against the price of Rs460 per kilogram in the retail market. Price of farm eggs has increased as being sold at Rs360 per dozen against the price of Rs300/dozen. Similarly, the survey said Cow meat was available at Rs1100/kg against the fixed price by local administration at Rs800-900/kg while boneless meat is being sold at Rs1300/kg in the open market. Mutton beef was being sold at Rs2500/kg in the open market, the survey added. Prices of various varieties and brands of cooking oil/ghee remained unchanged in the open market. Price of one kilogram of sugar has further increased from Rs170/kg to Rs180 per kilogram, the survey said. Tomato was available at Rs50 and 60 and Rs70/kg in the open market. Onion was being sold at Rs70-80/kg in the previous week while some vendors and dealers charged a self-imposed price in the retail market. Ginger and garlic remained unchanged as being available at Rs800/kg and Rs400 and Rs600/kg respectively. Green chilli was being sold at Rs120/kg. Peas was being sold at Rs150/180 per kg against the price of Rs120/kg, capsicum at Rs150/kilo, ladyfinger Rs120/ kilo, and curry Rs70/kg, Kachalu Rs150-200/kilo, turnip at Rs150/kg Eggplant (bringle) Rs100/kilo, Zucchini (tori) Rs100/ kilo, Tinda Rs100/kg, lemon was being sold at Rs600-700/ kg, the survey said. It added that Arvi was available at Rs200/kg, cabbage at Rs100/kg, red-collared potatoes available at Rs70/kg while white coloured potatoes are sold at Rs50/kg in the retail market. Price of flour was stable in the retail market as 20-kg fine flour sac was being sold at Rs1750-1800 and Rs1900/sac and brown coloured flour sac at Rs1500-1600/sac in the open market. Wheat flour and other products like maida, soji and choker flour also remained high in the retail market. According to the survey, prices of all brands and qualities of beverages also remained high in the local market. Black tea was being sold at Rs1400-1500/kg, the survey added. The survey said good quality rice (sela) was available at Rs320/kg, while low quality rice was available at Rs300/kg, while tota rice was available at Rs180-200/kg. Dal mash was available at Rs480/kg against the Rs420/kg, dal masoor at Rs320/kilo, dal chilka (black) at Rs320/kg, dal chilka (green) at Rs260/kg, moonge at Rs360/kg against Rs320/kg, dhoti dal at Rs400/kg, dal Channa at Rs320/kg against Rs280/kg, white lobiya at Rs340/kg, red bean at Rs440/kg, Gram flour (baisen) at Rs420/kg against Rs280/kg, big size white Channa at Rs380/kg, small-size white Channa from Rs360/kg. The prices of the fruits: Apple was available from Rs250-300 and Rs400-500/kg, banana at Rs200-250/dozen, pomegranate at Rs400-500 per kg, guava at Rs250-300/kg. Copyright Business Recorder, 2025
Time of India
6 days ago
- Business
- Time of India
NMC's 300cr water supply infra project gets state nod
Nashik: The Nashik Municipal Corporation (NMC) has received technical approval from state govt's apex committee for its Rs300 crore water supply improvement project. With this approval, the civic body will now finalize the tender process and appoint a contractor to commence the work. This project, which aims to enhance Nashik's water distribution network, is being implemented under central govt's Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme. The NMC will receive 50% of the funding from the Centre and will self-finance the remaining amount. The initiative involves six distinct works to improve the city's water infrastructure. A key objective of this project is to significantly reduce Non-Revenue Water (NRW) from the current 45% to less than 20% upon completion. An NMC official, while talking to TOI, said the tender process for the project was carried out and a contractor was finalised for the project. "But after the technical approval of state govt, the work order is now to be given to the contractor concerned following the approval of the standing committee of the NMC. The proposal in this connection is soon to be tabled during the meeting of the standing committee that is to be held next week," the official said. The six works include Rs95.20 crore project for replacing existing water distribution pipelines that supply water from pumping stations to the filtration plants, and also the purified water from filtration plants to the elevated tanks. The existing old water distribution pipelines are also to be replaced with new ones in various parts of the city at a cost of Rs90.30 crore. "We will replace the old water distribution pipelines in all the six divisions, including 70% works to be carried out in four divisions — Panchavati, Cidco, Satpur, and Nashik East divisions — where water distribution pipelines were laid down around 20-30 years ago," the official said. Apart from this, the NMC will be laying new water distribution pipelines in various developing areas of the city like Adgaon, Makhmalabad, Pathardi, New Indira Nagar, among others. Around Rs89 crore is to be spent on laying the water distribution pipelines in the developing areas.
Express Tribune
23-05-2025
- Express Tribune
Cop caught red-handed in kidnapping case
Islamabad Police have arrested an Indian national for not possessing travel and visa documents. PHOTO: EXPRESS/FILE A member of Islamabad police was arrested for allegedly kidnapping a citizen in Rawalpindi and demanding ransom for his release while his accomplices, reportedly officials of twin cities' police fled the scene after releasing the abductees. According to sources, the incident took place when permit-holding individuals, including Javed Masih, exited a private bar in Rawalpindi with legally acquired liquor. They were stopped by police in the jurisdiction of the Civil Lines police station. Despite showing valid permits and documentation, the police took them in their own vehicle to an unknown location, they said. Family members of the abductees, upon realising their sudden disappearance, contacted Police Emergency 15 and the IG Complaint Cell. They also approached the Excise, Taxation and Narcotics Control Office in Rawalpindi. Director excise ordered an immediate investigation led by a female inspector and the case was escalated to the CPO Rawalpindi. During this time, one of the kidnappers contacted a victim's son using the victim's own phone, demanding Rs300,000 for release. Authorities staged a sting operation, pretending to agree to the ransom deal. The abductors kept changing locations, from PWD Islamabad to Scheme-3 and finally to Gulzar-e-Quaid, before instructing the victim's son to meet on Airport Road. A man arrived to collect the ransom, but was apprehended on the spot by police and excise teams, along with the victim's relatives. The suspect was armed and identified himself as Ijaz, a member of Islamabad Police's Dolphin Force. Ijaz revealed the involvement of another police officer named Arsalan from Rawalpindi's Sadiqabad police station and a broker named Kashif, who posed as an ASI in plain clothes. As Ijaz was apprehended, three other suspects fled, leaving the abductees and their belongings behind. A spokesperson stated that the CPO took notice of the case and ordered the registration of FIR. Charges include illegal detention, extortion and unlawful possession of arms. Officer Arsalan has been arrested, suspended, and is facing departmental action.
Business Recorder
23-05-2025
- Business
- Business Recorder
Gold price per tola increases Rs3,500 in Pakistan
Gold prices in Pakistan gained on Friday in line with their increase in the international market. In the local market, gold price per tola reached Rs351,000 after it gained Rs3,500 during the day. Similarly, 10-gram gold was sold at Rs300,925 after gaining Rs3,000, according to the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Thursday, gold price per tola reached Rs347,500 after it lost Rs1,900 during the day. The international rate of gold also jumped on Friday. The rate was at $3,326 per ounce (with a premium of $20), an increase of $35, as per APGJSA. Meanwhile, silver price per tola increased by Rs38 to reach Rs3,466.
Express Tribune
22-05-2025
- Business
- Express Tribune
Punjab's bullet train dreams derailed by ground realities
The Punjab government's plan to operate Pakistan's first bullet train between Lahore and Rawalpindi appears far from reality, as senior railway officials term the idea a "dream" given the country's outdated rail infrastructure and immense financial requirements. According to details, while Punjab's leadership is eager to introduce a fast rail system, a complete overhaul of tracks, stations, signals, coaches, engines and supporting systems would be required even for a high-speed train, let alone a bullet train. Officials said the current railway infrastructure is not capable of supporting speeds over 100 km/h. "It's a dream," a senior railway official, speaking on the condition of anonymity, said. They pointed out that the cost per kilometre for a bullet train project was exorbitant, as it would require $40 million per km if executed by an American company, and $1720 million per km for Chinese companies. Railway officials have nonetheless drafted various proposals for a high-speed alternative. Federal Minister for Railways Hanif Abbasi, in a conversation with The Express Tribune, confirmed the ambition. "We already have coaches that could support high-speed travel, but the tracks are not compatible," he said. "However, we are determined to execute this project. After consultations with Chief Minister Punjab Maryam Nawaz, our target is to reduce travel time between Lahore and Rawalpindi to 2.5 hours. Punjab will fund the project." The 280-kilometre route, however, presents multiple challenges as several insiders are not optimistic. Experts say even marginal speed improvements would require massive investment, potentially ranging between Rs200 billion and Rs300 billion, and years of development. Currently, the fastest service, Pakistan Railways' Green Line, takes 4 to 4.5 hours to complete the journey. Other trains take 5 to 5.5 hours. Officials point out that the Lahore-Rawalpindi track was curvy and uneven, with steep inclines and declines that make high-speed travel unsafe. There are also three bridges on the route that would need complete reconstruction to support the required velocity. "We don't even have engines or coaches fit for a bullet train. Forget bullet trains, even improving average speeds will need hundreds of billions and a proper plan, a senior railway official explained further. He said that bullet trains required new systems entirely, as seen in Japan, China and select European countries where speeds range between 200 to 500 km/h, and even more today. He added that while nothing is "impossible," the country must be realistic. Even in the United States, no full-fledged bullet train network exists. Instead, a high-speed system could be a viable and relatively affordable alternative. He also noted that work on Main Line-1 (ML-1) – a vital infrastructure project has been stalled since 2015. "If ML-1 is completed, we won't even need a bullet train. That's the key. Everything would need to be built from scratch for a bullet system. Given the cost, we should seriously engage China to complete ML-1. It's the best option right now," he added. The projected ticket price for a bullet train also raises affordability concerns. The fare could exceed Rs15,000 to Rs20,000 per passenger, making it inaccessible for most travellers. He compared it with Saudi Arabia's Haramain High Speed Railway, which costs 130 to 220 Saudi Riyals (roughly Rs10,000 to Rs18,000), a rate made viable through heavy government subsidies. In Europe, bullet train fares are often twice as expensive as regular trains.
