Import of Chinese car gets under way
KARACHI, Dec 24: The much-awaited Chinese car (imported) has finally landed in Pakistan at a price of Rs 185,000....
SBP scraps 96pc bids to keep TBs rate stable
KARACHI, Dec 24: The State Bank on Wednesday succeeded again in keeping treasury bills rate unchanged. But it earned this victory by scrapping 96 per cent of the bids — thus...
$200m WB loan to improve highways
WASHINGTON, Dec 24: The World Bank has approved $200 million for Pakistan to improve the country’s national highways, the bank announced on Wednesday....
Jatoi seeks Russian investment
KARACHI, Dec 24: Minister for Industries and Production Liaqat Ali Khan Jatoi has invited Russian private sector to explore possibilities of joint ventures for revamping and modification of Pakistan’s heavy mechanical...
KSE 100-share index crosses 4,400-point barrier
KARACHI, Dec 24: Stocks on Wednesday finished further higher on active support from the financial institutions aided partly by reports of deal on LFO and partly to predictions of higher corporate...
Oil prices jump on US stock figures
NEW YORK, Dec 24: Oil prices rose sharply on Wednesday after the release of US weekly inventory data which showed a drawdown in heating oil stocks ahead of peak winter fuel...
SAFTA talks fail to make progress
ISLAMABAD, Dec 24: The Saarc special meeting of the Committee on Economic Cooperation (CEC) on Wednesday failed to develop consensus on four major areas for finalizing the proposed draft South Asia...
Euro hits new peak against dollar
LONDON, Dec 24: The euro hit a new record high against the dollar on Wednesday following the publication of disappointing US economic data, as financial markets thinned out on the eve...
Cotton market rules firm
KARACHI, Dec 24: Cotton market on Wednesday finished on a steady note as both ginners and spinners held on to their positions ahead of Thursday’s closure on account of birthday of...
Study on SMEs
ISLAMABAD, Dec 24: The Securities and Exchange Commission of Pakistan (SECP) has initiated a research...
Karachi Port operations
KARACHI, Dec 24: Four ships carrying soyabean meal, crude oil and containers are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
Promotions
ISLAMABAD, Dec 24: The government has promoted 17 assistant commissioners of income tax to the post of deputy commissioners....