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Responding to the increase in fuel prices, LHC asks the federal government

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Azhar Siddique, the chairman of the Judicial Activism Panel, filed a plea at the LHC citing the increase in petrol prices. In his motion, Siddique said that the recent increase in fuel prices will cause a storm of inflation and sought the court to overturn the decision to raise fuel prices.

The petition opposing the recent increase in petroleum product prices was considered by LHC Judge Shahid Karim.

Following an initial hearing, the official respondents received letters from the court requesting that they submit their answers to the petition.

The government raised the price of gasoline by Rs9.66 per litre on Sunday, March 31, but reduced the cost of high-speed diesel (HSD) by Rs3.32 per litre.

According to the most recent statement, the price of a litre of gasoline has climbed from Rs279.75 to Rs289.41, and the rate of high-speed diesel (HSD) has decreased from Rs278.92 to Rs282.24.

In a statement, the Finance Ministry stated that the adjustments were brought about by a commensurate increase in the price of gasoline and a decline in the price of HSD on the global market.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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