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Petrol prices in Pakistan may rise from September 16 | The Express Tribune
Petrol prices in Pakistan could increase by up to Rs1.54 per litre from September 16, while high-speed diesel may rise by Rs4.79, industry sources said on Saturday.
Preliminary calculations also indicate kerosene could climb by Rs3.06 and light diesel by Rs3.68 per litre.
The Oil and Gas Regulatory Authority (OGRA) will send its final working to the Petroleum Division on 15 September.
The Petroleum Division and Ministry of Finance will then forward the proposal, including levies and taxes, to the prime minister for approval.
New rates will take effect after the prime minister’s consent.
Read: Food prices soar in Lahore as floods disrupt supply
On September 1, the federal government announced a Rs3 per litre reduction in the price of high-speed diesel (HSD), while keeping the price of petrol unchanged for another fortnight.
According to an official notification issued by the Finance Division, the revised petroleum prices came into effect at midnight (September 1, 2025) and will remain applicable for the next 15 days.
Following the adjustment, the price of HSD has been brought down from Rs272.99 to Rs269.99 per litre. The price of petrol, however, remains unchanged at Rs264.61 per litre.
The changes follow the government’s routine fortnightly review of international oil prices and exchange rate movements.
Other petroleum products also saw slight reductions. The price of superior kerosene oil was lowered by Rs1.46, from Rs178.27 to Rs176.81 per litre.
Similarly, light diesel oil dropped by Rs2.40, now priced at Rs159.76 from the earlier Rs162.37 per litre.
The revised pricing comes amid global crude benchmarks, where motor gasoline premiums currently stand at $6.37 per barrel and HSD premiums at $3.20 per barrel.
Domestic pricing also factors in the Inland Freight Equalisation Margin (IFEM)—Rs8.05 per litre for petrol and Rs6.20 for diesel—as well as the Petroleum Levy (PL) and the Climate Support Levy (CSL), components that significantly influence retail fuel costs.
This is the second consecutive fortnight during which the government has kept petrol prices unchanged while reducing the prices of other petroleum products by up to Rs12 per litre.
On August 15, the federal government cut the price of high-speed diesel (HSD) by Rs12.84 per litre. Similarly, the prices of superior kerosene oil and light diesel oil were also reduced by Rs7.19 and Rs8.20 per litre, respectively.
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Hetero rolls out generic semaglutide exports to over 75 countries – The Times of India
Hyderabad: Pharma player Hetero on Friday said it has rolled out exports of its generic semaglutide injection portfolio as part of a multi-year plan to widen access to treatments for type 2 diabetes and obesity in more than 75 countries.The Hyderabad-based pharmaceutical company said initial rollouts are under way in Africa, Asia and the Middle East, with additional launches planned in other markets subject to regulatory approvals.The injectable therapies will be sold under the brand names Truglyx, Rolmodl and Moto G. Semaglutide belongs to the GLP-1 class of medicines, which are used in diabetes care and weight management.Hetero said the export launch is part of its broader strategy to improve access to advanced cardio-metabolic therapies, particularly in emerging markets.The company said the products will be offered in multi-dose disposable pen devices designed in line with innovator formats and will be available in several strengths, including 0.25 mg, 0.5 mg, 1 mg, 2 mg, 1.7 mg and 2.4 mg, allowing dosing flexibility for both diabetes and obesity treatment.Hetero said it is also awaiting approval from India’s Central Drugs Standard Control Organisation (CDSCO) after completing clinical trials in type 2 diabetes and obesity and plans an India launch after regulatory clearance.Hetero managing director Dr Vamsi Krishna Bandi said the company aims to provide high-quality, affordable generic semaglutide through a single global product platform backed by its manufacturing and development capabilities.He said Hetero would use its commercial networks across Asia, the Middle East, Africa and Latin America to support supply and access. The Hyderabad-headquartered Hetero operates in more than 145 countries and employs over 30,000 people.
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India-US trade deal update: Piyush Goyal meets USTR Jamieson Greer, discusses next steps in BTA talks – The Times of India
Commerce and industry minister Piyush Goyal on Friday met US Trade Representative Jamieson Greer and reviewed the next steps in negotiations for the proposed India-US bilateral trade agreement (BTA).The meeting took place on the sidelines of the 14th ministerial conference (MC14) of the World Trade Organisation in Yaounde, Cameroon, where both sides also exchanged views on issues related to the WTO agenda.“Had a very productive discussion with @USTradeRep Jamieson Greer on the sidelines of the WTO Ministerial Conference. Exchanged views on the #WTOMC14 agenda, next steps in the India-US BTA negotiations and explored ways to further deepen our economic cooperation and bilateral trade ties,” Goyal said in a social media post.The development comes amid ongoing efforts by both countries to finalise an interim trade pact. Last month, India and the US announced that they had finalised a framework for the first phase of the agreement, though it is yet to be signed.The two sides had earlier announced a trade deal on February 2, followed by a joint statement on February 7 outlining the contours of the agreement.As part of the framework, the US had agreed to reduce tariffs on Indian goods to 18%. However, the tariff structure has since undergone changes after the US Supreme Court struck down sweeping tariffs imposed under earlier measures.Following the ruling, US President Donald Trump introduced a 10% tariff on all countries for a period of 150 days starting February 24.In view of these developments, a planned meeting between chief negotiators of India and the US — aimed at finalising the legal text of the agreement — has been postponed. The pact was earlier expected to be signed this month.An official had earlier said that the interim trade agreement would be signed once the new global tariff framework of the US is fully in place.
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