The hike by Ogra would yield Rs21 billion additional revenue to the SNGPL and Rs11 billion to the SSGCL.
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TOP STORIES
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Index crosses 9,300 points on buying pressure
Hectic buying pushed up the 100-Index of the Karachi Stock Exchange by 55.17 points to close at 9,306.36 points. -
CCP sends advice to finance ministry for re-promulgation
CCP Chairman said that there can be a serious socio-economic impact on the country, if there is no regulatory body. -
Prospects of bumper cotton crop brighten
The country has so far harvested around 9.261 million bales as against 7.171 million bales produced last season. -
Italian Development Council to help promote trade
The Ambassador of the Republic of Italy hoped that Pakistan would undergo major development, like China and India. -
Imported sugar may cost Rs55/kg due to global price
If the international price falls to $500 per ton in coming months then the cost in the country will come down.
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EDITOR'S CHOICE
FRESH CONCERNS
Pakistan worries over new US Afghan strategy
CRICKET
Where do we go from here?
BALOCH RIGHTS
Sincerity vs. scepticism
MAGAZINE
Economic and Business Review
MEDIA GALLERY
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Pakistan’s textile industry
HIGHLIGHTS
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Farm credit disbursement falls short of target
A shortfall of close to 27pc of the budgeted amount has left many in the lurch. -
Indian billionaires bounce back: survey
With a recovery in global stock markets, billionaires have doubled in a year. -
Can’t get sugar? Try sweets in your tea
Instead of a spoonful of sugar, some families dissolve sweets in their tea. -
IMF meets on Dec 12 to finalise 4th tranche
Recent talks have focused on the slow pace of financial reform in the country. -
Cut-off yields on T-bills slashed
With a monetary policy review coming up next week, the move has rattled investors.
WEATHER - PAKISTAN
Cities
GOING PLASTIC
The Reserve Bank of India is planning to introduce ‘plastic’ notes to deal with grubby and fake currency.
ISLAMIC BANKING
Some middle eastern banks are avoiding instruments such as the tawarruq, after clerics voiced concerns.
MOMENTARY RESPITE
‘The current account deficit might see an increase in the coming months since exports are in trouble.’
CAPITAL FLIGHT
The latest figures showed FDI fell to just $622mln for July-October 2009-10 as compared to $1.33bln last year.
UNRAVELLING FAST
Industry leaders claim that without banning raw material exports, value added textiles will collapse.
CUTTING COSTS
Business leaders are proposing separate pay scales for urban and rural workers to capture lower costs.
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