Low Graphics Site

January 26, 2007 Friday Muharram 06, 1428 Draft law ready for cabinet approval: Competition Commission ISLAMABAD, Jan 25: The ministry of law and justice has at last approved the draft law to convert the much-delayed Monopoly Control Authority into a Competition Commission for ensuring transparent and prudent business practices in the country.... 3 accords signed with Canada: Information technology ISLAMABAD, Jan 25: Three agreements were signed between Pakistan and Canada in the IT sector here on Thursday.... CBR-PVMA row over rising edible oil prices ISLAMABAD, Jan 25: The bureaucracy in the Central Board of Revenue and the association representing the edible oil industry are locked in a blame-game as consumers suffer due to persistent rise... Auto makers plan to invest Rs225bn ISLAMABAD, Jan 25: The auto industry will invest Rs225 billion in the next few years to achieve a new target of 500,000 cars a year, generating more than 30,000 jobs.... Misuse of import facility to be checked: Used buses, trucks KARACHI, Jan 25: Federal Minister for Industries and Production Jehangir Khan Tareen has assured the local bus and truck manufacturers that measures will be taken to check the misuse of import... Stocks cross 11,000-point barrier on foreign buying KARACHI, Jan 25: The KSE 100-share index on Thursday breached through the psychological barrier of 11,000-point boosted by fresh heavy foreign and local buying in the leading bank and oil shares amid a briskly traded session.... PPL profit jumps 46pc in first half KARACHI, Jan 25: State-run Pakistan Petroleum Ltd. (PPL) posted a better-than-expected 46 per cent rise in first-half net profit, fuelled by higher natural gas prices, sending its share’s price up five per cent.... Retired IT regional chief still holding post KARACHI, Jan 25: The Central Board of Revenue (CBR) presently under going massive automation and computerisation is still working in an age-old fashion. One could not believe that an income tax... Committee for CFS Mk II formed ISLAMABAD, Jan 25: The Securities and Exchange Commission of Pakistan (SECP) has constituted CFS Mk II implementation committee. The committee is chaired by Shaukat Tareen and comprise representatives of the three... Oil prices lower LONDON, Jan 25: Global oil prices edged down on Thursday in muted trading as the market focused on both cooler weather and rising energy reserves in the United States, analysts said.... Gold price breaches $650-level LONDON, Jan 25: The price of gold broke through $650 per ounce on Thursday to hit the highest level since last August, rising in line with other metals on the back of higher crude oil prices, analysts said.... US plays down hopes of WTO trade round DAVOS (Switzerland), Jan 25: US Trade Representative Susan Schwab on Thursday played down hopes of a breakthrough at a meeting on deadlocked global trade talks this weekend but said progress was being made.... SC disposes of 80pc pending tax cases ISLAMABAD, Jan 25: The Special Bench of Supreme Court of Pakistan will start hearing pending tax cases from Feb 6. This was disclosed by chairman, Central Board of Revenue (CBR), M Abdullah Yousuf, while addressing senior income tax officers.... Work on Textile City to begin next month ISLAMABAD, Jan 25: Minister for Textile Industry Mushtaq Ali Cheema said on Thursday that the proposed Pakistan Textile City will be inaugurated next month in Karachi.... Sugar mill AGMs held ISLAMABAD, Jan 25: The Securities and Exchange Commission of Pakistan (SECP), in exercise of its powers under the Companies Ordinance, 1984 on Thursday convened the overdue annual general meetings (AGMs) of... Active buying on cotton market KARACHI, Jan 25: Cotton market on Thursday maintained firm trend as spinners and mills covered their forward positions against foreign sales around the previous levels. But their major thrust was on... Karachi Port operations KARACHI, Jan 25: Two ships carrying steel and containers are due to arrive at the outer anchorage on Friday, according to KPT sources. Berthing activity at the wharves was modest where four ships, Hyundai Highway, Tower Bridge and Y.M.... Port Qasim KARACHI, Jan 25: Three ships carrying containers, livestock and diesel oil were accommodated berths at QICT, MPT and Fotco Terminal during the last 24 hours, said a PQA press release on Thursday.... Asian stocks mostly lower HONG KONG, Jan 25: Asian stocks closed mostly lower on Thursday after afternoon profit taking set-in with investors cashing up on an early rally made on the back of a record close on Wall Street overnight.... Palm oil up BANGKOK, Jan 25: Malaysian crude palm oil futures ended up on Thursday, boosted by India''s decision to cut import duties on vegetable oils, dealers said. The benchmark third-month April contract on... Kenyan tea NAIROBI, Jan 25: Kenya''s earnings from tea exports rose by nearly 12 per cent last year, the Tea Board of Kenya said on Thursday. A total of 47.3... Karachi market rates KARACHI, Jan 25: The following were Thursday’s commodity market rates in rupees....

Contributions Privacy Policy © DAWN Group of Newspapers, 2007