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April 27, 2007 Friday Rabi-us-Sani 09, 1428


Business


Investment to GDP ratio may rise to 22.8pc: Target for five years
ISLAMABAD, April 26: The government targets national economy to grow at a sustainable level of 7.5 per cent in five years and limit inflation at five per cent, supported by an increase in investment-to-GDP ratio to 22.8...
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Lucky consignment partly released : Cement export to India
Karachi, April 26: Lucky Cement consignment of a small quantity exported to India in mid-March has been released by the authorities and handed over to the importer while clearance and release...
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Traders reject price list as ‘unrealistic’
KARACHI, April 26: The City District Government Karachi has once again come out with a price list of 66 items providing only retail rates which are either below or above the prevailing wholesale rates....
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Meeting reviews irritants affecting export: Trade policy formulation
ISLAMABAD, April 26: The ministry of commerce on Thursday started formal consultations with all stakeholders for formulation of the trade policy for the year 2007-08....
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Oil eases as EU-Iran nuke talks progressing
LONDON, April 26: World oil prices slid on Thursday on reports that Iran and the EU have made progress in talks aimed at settling a nuclear dispute that has harmed relations between the key crude producer and West....
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Govt delays NBP GDR sale until next fiscal
ISLAMABAD, April 26: The government has delayed the overseas sale of shares in National Bank of Pakistan (NBP) until after June, a senior government adviser said on Thursday....
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15-20pc rise likely in rice export value
KARACHI, April 26: Export of Pakistani rice, both basmati and coarse variety, will be increased by at least 10 per cent in quantity and 15 to 20 per cent in value during 2006-07....
Complete Story
Euro at record high against yen
LONDON, April 26: The euro struck a new high against the yen on Thursday and again came close to beating its record against the dollar amid about positive growth prospects for the 13-nation eurozone....
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Stocks extend gains on good corporate results
KARACHI, April 26: Stocks on Thursday finished with an extended gain aided by the strength of leading cement, bank and oil shares amid market talk of higher after-tax profits and enhanced payouts by some leading companies....
Complete Story
UK chamber lauds mega projects in Balochistan
QUETTA, April 26: Jonathan Webber, head of international trade, Birmingham Chamber of Commerce and Industry, has said that consistency of supply and quality of the products delivered to the UK and Europe would enhance the image of Pakistan....
Complete Story
British Gas cuts domestic energy prices
LONDON, April 26: British Gas, Britain''s biggest domestic energy supplier, lowered its residential electricity and gas prices on Thursday in the latest salvo of a price war....
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Lint prices ease on hasty selling
KARACHI, April 26: Cotton prices on Thursday eased modestly from the recent higher level as some of the ginners tried to get out of the market after a long wait, analysts said....
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Qatar buys leading shares in UK supermarket
LONDON, April 26: Qatar on Thursday became the leading shareholder in J Sainsbury, Britain''s third biggest supermarket chain, extending the Gulf state''s economic reach into the country....
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EU, US to set up transatlantic council
BRUSSELS, April 26: An EU-US summit next week in Washington will set up a transatlantic council to direct cooperation on issues, such as cosmetics testing and accounting rules, a draft declaration obtained by AFP said....
Complete Story
Karachi Port operations
KARACHI, April 26: Three ships carrying base oil, containers and to load cement are due to arrive at the outer anchorage on Friday, according to KPT sources....
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Poultry rates
KARACHI, April 26: The following are Friday poultry rates....
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Port Qasim
KARACHI, April 26: Two ships carrying containers and diesel oil were accommodated berths at QICT and Fotco Terminal during the last 24 hours, said a press release on Thursday....
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Asian stocks higher
HONG KONG, April 26: Asian stocks closed higher on Thursday after investors took their cue from New York where surging corporate results propelled Wall Street to a record close....
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London sugar up
LONDON, April 26: London refined sugar futures inched higher in low volumes from recent 17-month lows on Thursday, and dealers noted talk of a Tunisian buying tender for a total of 28,000 tons of white sugar for July arrival....
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European stock markets gain
LONDON, April 26: Europe''s main stock markets gained ground on Thursday after a record overnight showing on Wall Street, and following another batch of positive earnings news.In...
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