Inflation goes up by 2.83pc in July-Feb: 2000-01 as base year
ISLAMABAD, March 13: The rate of inflation (Consumer Price Index) increased by 2.83 per cent during the first eight months of the current financial year as compared to corresponding period of...
Foreign, local banks row over clean lending
KARACHI, March 13: Major local banks now find it difficult to make clean lending to foreign banks because that means enabling the foreign banks to snatch the customers of the local...
EoIs invited for six ICP mutual funds
KARACHI, March 13: The Privatization Commission (PC) on Wednesday invited Expressions of Interest (EoIs) for sale of ‘management rights’ in six of the 26 mutual funds controlled and managed by the...
20pc duty on export of leather sought
KARACHI, March 13: Leather garment manufacturers have asked the government to immediately impose 20 per cent duty on export of semi finished and finished leather to ensure its availability to the...
Govt aims tax-GDP ratio at 14.4pc
ISLAMABAD, March 13: The government has decided to raise tax to GDP ratio from the current 12.28 per cent to 14.4 per cent by 2003-04, reliable sources told Dawn....
Dutiable imports fall by 0.27pc in 8 months
ISLAMABAD, March 13: The value of dutiable imports fell by 0.27 per cent to Rs251.713 billion during the July-Feb period of the current financial year against Rs252.398 billion over the corresponding...
Oil price higher
LONDON, March 13: Oil prices ticked higher on Wednesday, regaining $24 a barrel, as figures from the United States signalled another drop in reserves of crude-based products....
Concessions for filing cos returns by 31st
ISLAMABAD, March 13: The Securities & Exchange Commission of Pakistan (SECP) here on Wednesday announced certain concessions to all non-listed public and private limited companies if they filed returns under the...
LSE member declared defaulter
LAHORE, March 13: The Lahore Stock Exchange declared its suspended member Iftikhar Shafi as a defaulter, after giving him an opportunity to present his point of view before the LSE board...
Pakistan, UK trade ties grow
LAHORE, March 13: British High Commissioner to Pakistan Hilary Nicholas Synnott has termed trade relations between the two countries as pretty much satisfactory....
Direct trade
LAHORE, March 13: Argentinian Ambassador to Pakistan Horacio Passo on Wednesday underlined the need for improving direct trade between the two countries....
KSE-100 index fails to sustain 1,900-point level
KARACHI, March 13: After breaching through the psychological barrier of 1,900 on heavy early buying, the KSE 100-share index failed to sustain this coveted level following rumour-related snap selling but the...
Prices rise on cotton market
KARACHI, March 13: Cotton prices rose further on Wednesday as ginners held on to their positions firmly on the perception that spinners still need over a million bales to see the...
Survey for gas pipeline project
PESHAWAR, March 13: Physical survey for designing the 950-mile long gas pipeline project between Pakistan and Iran got under way last week, senior government functionaries said here on Wednesday....
Karachi Port operations
KARACHI, March 13: Six ships including a rice loader Al-Ghraffah are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
Malaysian palm oil futures firmer
KUALA LUMPUR, March 13: Malaysian crude palm oil futures were firmer at the close on Wednesday due to hopes of better demand from main buyers India, Pakistan and China in March,...