(NATIONAL) Transporters refuse to reduce fares despite big oil price cut.

KARACHI -- Karachi Transport Union on Monday flatly refused to bring down fares of public transport following the massive reduction in the prices of petrol and diesel.

In this regard, union president Irshad Bukhari said that the government had earlier raised the price of diesel by Rs40 per litre but now it has slashed its rate by 15 rupees only and in such a situation, fares cannot be reduced. He said that mostly public transport including buses and vans ply on diesel and not on petrol.

Noshaba Awais shed light on the HEC-WBAF collaboration and the Financial Inclusion Programme. Apprising the university representatives of the objectives of LoI, she said that the agreed program of activities under the LoI pertains to the inclusion of Pakistani universities in the Financial Inclusion Programme being offered by WBAF and 15 universities have already given their consent for the programme. She briefed that the programme is divided into two phases, the Phase-I includes providing access to students and faculty to the Financial Inclusion Centre, while the Phase II includes angel investor course for...