NFC issue buried under earthquake rubbles
KARACHI, Nov 17: The sensitive issue of the National Finance Commission (NFC) has apparently been buried deep down under the rubbles of demolished structures caused by the October 8 earthquake....
Pressure mounts on exchange rate; Delay in PTCL deal
KARACHI, Nov 17: The ongoing dispute over PTCL deal has impacted negatively on rupee-dollar parity as the shortage of dollars compelled the State Bank to pick up the greenback from the...
Pakistanis invited to explore Russian market
LAHORE, Nov 17: Russian Federation Deputy Trade Representative Stanislav B. Ovsyannikov has called upon Pakistani entrepreneurs to explore the untapped Russian market....
Manmohan says free trade to boost S. Asian economy
NEW DELHI, Nov 17: Indian Prime Minister Manmohan Singh on Thursday said creation of a free trade area in South Asia would more than double the size of the market in the region within two years....
Stocks remain under pressure
KARACHI, Nov 17: Stocks on Thursday remained under pressure and fell on a wider front followed by extended profit-selling on the overvalued counters under the lead of cement and oil shares....
Prices fall further on cotton market
KARACHI, Nov 17: Cotton prices on Thursday eased further on active selling by ginners followed by the market talk of higher-than-expected arrivals of phutti into ginneries....
South Asia services to developed states face barriers
ISLAMABAD, Nov 17: South Asian countries are facing numerous barriers in exporting services to developed countries, besides restricting services trade and investment flows into their markets, says a report....
Committee appointed for PS sell-off
ISLAMABAD, Nov 17: Federal Minister for Privatization and Investment Dr Abdul Hafeez Shaikh appointed a committee while reviewing the privatization process of the Pakistan Steel Mills Corporation at a meeting with...
Oil prices decline
LONDON, Nov 17: World oil prices fell on Thursday, with stockpiles of US crude deemed sufficient by markets despite a surprise drop in inventories last week, analysts said....
Gold prices 18-year high
LONDON, Nov 17: Gold held just below its highest in almost 18 years on Thursday, and platinum recovered after slipping 2.6 per cent from its near-26-year peak on heavy buying by investment funds, analysts said....
PIA revenue increases in July-Sept
KARACHI, Nov 17: The interim report of the PIA shows revenue of Rs15.981 billion (July-September 2005) compared to Rs14.556 billion and cost of services of Rs15.409...
EU to table new offer on cotton in WTO talks
BRUSSELS, Nov 17: The European Union is poised to table a new offer for poor countries in WTO trade talks before a key ministerial meeting in Hong Kong concerning cotton in particular, European Commission President Jose Manuel Barroso said Thursday....
Palm oil prices rebound
KUALA LUMPUR, Nov 17: Malaysian crude palm oil futures recovered on Thursday after a three-day slide, but dealers said the market might still slip below key support in the coming days unless soyaoil rebounded....
Karachi Port operations
KARACHI, Nov 17: Seven ships, including a car-carrier carrying 1,710 units, are expected to arrive at the outer anchorage on Friday, according to KPT sources....