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| April 10, 2008 | Thursday | Rabi-us-Sani 3, 1429 |
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Rice prices hit all-time high
KARACHI, April 9: Prices of all varieties of rice soared to historic high on Wednesday, pushed by sustained demand from hoarders, speculators and profiteers.... 
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Pak Steel raises product rates
KARACHI, April 9: The Pakistan Steel (PS) made a fresh increase in the prices of its products, including billets, bloom, galvanised steel and hot and cold-rolled, on Wednesday.It...
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Certified cotton seeds sought
LAHORE, April 9: The All Pakistan Textile Mills Association and Farmers Association of Pakistan have agreed to jointly represent to government to introduce certified Bt cotton seeds to achieve a yield...
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Meeting to sort out palm oil supply row today
ISLAMABAD, April 9: The suspension of palm oil supply from Karachi to the upcountry due to a row between ghee industry and truck owners is setting a stage for a crisis of edible oil in the coming days....
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Swedish firm to help boost farm output
KARACHI, April 9: An international giant, Ikea, a company of Swedish origin, has agreed, in principle, to provide technical support to a project of the Ministry of Agriculture and Livestock to ensure compliance of global agricultural practices (GAP)....
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Sri Lanka wants to boost mutual trade
LAHORE, April 9: High Commissioner of Sri Lanka Dr Wijeratne Bandara Dorakumbre has said that Pakistan and Sri Lanka were lucrative investment locations for each other’s exporters....
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Stocks suffer fresh losses
KARACHI, April 9: The share market turned lower owing to fresh selling on selected counters on Wednesday as a section of investors took a bearish view of some politically-motivated ugly incidents,...
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With US in crisis, global economy in peril: IMF
WASHINGTON, April 9: The global economic outlook is increasingly grim with the United States mired in a recession from a housing meltdown whose effects are still spreading, the IMF said on Wednesday....
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Oil bill suppresses rupee
KARACHI, April 9: The overloaded oil bill suppressed the rupee further to lose against the greenback, the currency required to make payments for import of petroleum products....
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SBP rules for CFS Mk-II
KARACHI, April 9: The State Bank of Pakistan on Wednesday issued regulations for Continuous Funding System (CFS) Mk-II financing to ensure prudent lending by banks and development finance institutions (DFIs)....
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Stray lots change hands on cotton market
KARACHI, April 9: Physical activity on the cotton market on Wednesday was light as ginners and spinners took rigid positions about the future price outlook apparently based on international demand and supply factors....
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Karachi Port operations
KARACHI, April 9: Eight ships carrying palm oil, general cargo and to load molasses and cement are due to arrive at the outer anchorage on Thursday, according to KPT sources....
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Port Qasim
KARACHI, April 9: Two more ships carrying furnace oil and chemicals arrived at the outer anchorage during the last 24 hours, said a PQA press release on Wednesday....
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Drive to recover property tax
KARACHI, April 9: The Sindh Excise and Taxation Department has launched a drive to recover property tax from its major defaulters, including Customs, Karachi Shipyard, Pakistan Cricket Board, and some civic bodies....
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Asian stocks mostly lower
HONG KONG, April 9: Asian stocks closed mostly down on Wednesday with China tumbling more than five percent amid concerns about the US economy and ballooning losses from the global financial crisis....
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China world’s top gold producer
LONDON, April 9: China became the world’s biggest producer of gold last year, overtaking South Africa which held top spot for 100 years, the independent precious metals consultancy GFMS said here on Wednesday....
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Karachi market rates
KARACHI, April 9: The following were Wednesday commodity market rates in rupees....
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