They claim that billions of rupees are overdue to them and they are operating at less than 60 per cent of their capacity.
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TOP STORIES
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Iran gained five billion dollars by euro switch: banker
The energy exporter claims the move enabled it to capitalise on the relatively weak dollar. -
Oil import bill drops by $1.8 billion
The imports in July-October this year stood at $3.08 billion, compared to $4.9 billion during the same period last year. -
China could grow 10 pc in fourth quarter: report
Massive investment and rising consumption should keep growth high through 2010, says a top govt think-tank. -
Industries criticise hike in gas, power tariffs
The planned 18 per cent hike has met with near universal condemnation from business leaders. -
UAE interested in education, health sectors
The UAE is the third largest investor in Pakistan after the United States and Britain.
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EDITOR'S CHOICE
AT CROSS PURPOSES
An ideology with genes of discord
AF-PAK
Politics by other means
A CRITICAL PERIOD
Politics on the boil
MAGAZINE
Economic and Business Review
MEDIA GALLERY
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Kolkata fish market
HIGHLIGHTS
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India to export 810,000 tonnes of sugar in November
Reeling from an acute shortage, India is likely to post record imports of the sweetener. -
How countries have coped with the oil ‘curse’
As Iraq ramps up production, it should take cues from other countries with oil riches. -
India scraps rice import tenders
The govt cancelled the 30,000 tonne import, denting the hopes of regional exporters. -
Sharp increase in external liabilities
Experts fear that mounting debt could lead the country down the path to default. -
Farm credit disbursement falls short of target
A shortfall of close to 27pc of the budgeted amount has left many in the lurch.
WEATHER - PAKISTAN
Cities
CHANGING TRENDS
Leading retailers in India, the world's biggest consumer of gold, flooded with requests by clients for cheaper jewellery.
INTEREST RATES?
The State Bank governor said forex reserves had improved, inflation had decreased and credit demand was on the rise.
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.
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