|
| June 26, 2008 | Thursday | Jamadi-us-Sani 21, 1429 |
|
Powerlooms go on strike
FAISALABAD, June 25: The Powerloom Owners Association went on strike for an indefinite period on Wednesday in protest against the district administration and police failure for neither protecting the industrialists and... 
|
|
Workers continue protest
FAISALABAD, June 25: Power-loom workers in most parts of the district continued their protest on Wednesday pressing the authorities to take action against gunmen of a factory who opened indiscriminate fire...
|
|
||
|
ZTBL asked not to act against small defaulters
ISLAMABAD, June 25: Finance Minister Syed Naveed Qamar said on Wednesday that the finance ministry had asked the Zarai Taraqqiati Bank Ltd (ZTBL) to withhold its action against those farmers who had defaulted on small farm credits....
|
|
Centre to recover Rs80bn as collection charges: New NFC formula on Aug 14
KARACHI, June 25: The federal government is all set to recover at least Rs80 billion from about Rs11,500 billion pool of taxes assigned for the provinces....
|
|
|
||
US students forced to take online courses: High fuel prices
WASHINGTON, June 25: US school children will face longer walks to the bus stop, longer days and shorter weeks at school, while university students are pushed to take online courses, all thanks to relentless spiralling fuel prices....
|
|
New formula to check R&D misuse
LAHORE, June 25: The federal government is believed to be trying to work out a new formula for disbursement of Research & Development (R&D) support to the value-added apparel and textile exporters....
|
|
|
||
|
300 items to boost trade with Iran identified
LAHORE, June 25: About 300 items have been identified for trade between Pakistan and Iran which would help increase volume of bilateral trade by one billion dollars....
|
|
State Bank workshop to raise farm output
KARACHI, June 25: The State Bank on Wednesday organised an inter-provincial agricultural workshop at Learning Resource Centre with a view to disseminating and sharing federal and provincial governments’ initiatives, experiences, projects and their plans to strengthen the farm sector....
|
|
|
||
|
Maybank plans stake in Takaful company
KUALA LUMPUR, June 25: Malaysia’s Malayan Banking Bhd, the country’s largest in asset terms, plans to buy a 30 per cent stake in Pak-Kuwait Takaful Company Ltd, the Malaysian lender said on Wednesday....
|
|
Budget anomalies removed
KARACHI, June 25: A delegation of businessmen and industrialists headed by KCCI President Shamim Ahmed Shamsi has discussed anomalies and issues of budget 2008-09 with Federal Board of Revenue Chairman Abdullah Yousuf to get them resolved....
|
|
|
||
|
PSM record sales
KARACHI, June 25: Pakistan Steel Mills (PSM) achieved a record sale of Rs39 billion during the fiscal year 2007-08....
|
|
PTCL, KSE sign MoU
KARACHI, June 25: Pakistan Telecommunication Company Limited (PTCL) will provide state-of-the-art telecommunication technology to members of the premier bourse to conduct real time on-line trading from anywhere in Pakistan....
|
|
|
||
|
Stocks extend overnight rally with 307 points gain
KARACHI, June 25: The overnight recovery was further extended on the share market on Wednesday as follow-up support actively figured on the banking, cement and some blue chip counters at the lower levels amid an actively traded session....
|
|
Insipid trading on cotton market
KARACHI, June 25: Trading on the cotton market on Wednesday remained insipid as spinners and mills were not inclined to make fresh commitments at higher rates, apparently awaiting an improvement in supplies after ginners resume their new season ginning operations....
|
|
|
||
|
Karachi Port operations
KARACHI, June 25: The ships carrying rock phosphate, general cargo and to load cement are expected to arrive at the outer anchorage on Thursday, according to KPT sources....
|
|
Port Qasim
KARACHI, June 25: Three ships carrying containers, edible oil and diesel oil were accommodated berths during the last 24l hours, said a PQA press release on Wednesday....
|
|
|
||
|
Oil prices fall
LONDON, June 25: Oil prices dived on Wednesday after official data revealed an unexpected rise for crude stockpiles in the United States, the world’s biggest energy consumer, traders said....
|
|
Asian stocks mixed as Fed decision looms
HONG KONG, June 25: Asian stocks were mixed on Wednesday as dealers awaited an important interest rate announcement from the United States, while others capitalised on recent falls in some markets....
|
|
|
||
|
World economy set to grow 4pc in 2008
PARIS, June 25: The world economy is likely to grow by about 4.0 per cent this year and the United States should avoid a recession, the governor of the Bank of France Christian Noyer said on Wednesday....
|
|
Palm oil ends higher
KUALA LUMPUR, June 25: Malaysian crude palm oil futures closed higher on Wednesday after short-covering and news Indonesia was raising export taxes for palm products in July, traders said....
|
|
|
||
|
Karachi market rates
KARACHI, June 25: The following were Wednesday commodity market rates in rupees....
|
|
|
|
|
||
