Govt reduces petrol, diesel prices by Rs5

The federal government on Friday reduced petrol and diesel prices by Rs5, according to a notification issued by the Petroleum Division. As per the notification, the prices would be effective from May 16. Following the decrease, the price of petrol stands at Rs409.78 per litre and HSD’s at Rs409.58. Petrol is mostly used in private transport, small vehicles, rickshaws and two-wheelers and has a direct bearing on the budget of the middle and lower-middle class. High-speed diesel...

By none@none.com (Khaleeq Kiani)