Thursday, May 17, 2012 12:55

‘Business’ News

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NEPRA Okays Rs.6.39 Unit Raise in Power Tariff

NEPRA Okays Rs.6.39 Unit Raise in Power Tariff

Wednesday, March 21, 2012 10:04

National Electric Power Regulatory Authority (NEPRA) has approved an Rs 6.39 per unit raise in the power tariff under fuel adjustment. NEPRA A public meeting was held under the ...

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Gold Prices Improves to Rs 49457

Gold Prices Improves to Rs 49457

Tuesday, March 20, 2012 10:28

Gold improved by Rs 172 to Rs 49,457 per 10 grams in the local market Monday as its international price increased to $ 1,656 an ounce, market sources said. According to Karachi Saraf Association official, tola (11.664 grams) price also surged by Rs 200 at Rs 57,700. Silver ...

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Oil Prices Extend Gains in Asian Trade

Oil Prices Extend Gains in Asian Trade

Monday, March 19, 2012 10:04

Oil prices extended gains in Asia on Monday, supported by concerns over Middle East supply and signs of stabilisation in the world economy, analysts said. Oil prices New ...

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Crude Higher on US Growth Hopes Iran Concerns

Crude Higher on US Growth Hopes Iran Concerns

Tuesday, March 13, 2012 11:15

Oil was higher in Asian trade Tuesday, supported by improved sentiment on the US economy and continued concerns over tensions between Iran and the West, analysts said. Oil New York's ...

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Oil Prices Rise on Greek Debt Swap Deal

Oil Prices Rise on Greek Debt Swap Deal

Friday, March 9, 2012 10:47

Oil prices rose in Asian trade Friday on news that commitments to back a Greek debt swap had passed a key threshold, analysts said. New York's main contract, West Texas Intermediate crude for delivery in April, ...

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Regional Bourses Weigh Down on Local Stocks (Karachi Stock Exchange)

Regional Bourses Weigh Down on Local Stocks (Karachi Stock Exchange)

Thursday, March 8, 2012 10:27

Stocks ended lower on Wednesday as cautious investors booked profits at higher levels, taking cues from regional markets, dealers said. The Karachi Stock Exchange (KSE) benchmark 100-share index fell 0.60 percent, or 79.39 points, lower at 13,344.95 ...

Rupee Ends Weaker at 90.88/93 to Dollar

Rupee Ends Weaker at 90.88/93 to Dollar

Wednesday, March 7, 2012 9:40

In the currency market, the rupee ended weaker at 90.88/93 to the dollar, compared to its close on Monday of 90.85/90 because of higher import payments of oil. International oil prices were trading above $123 a barrel on Tuesday....

Ghee Prices Shoot Up to Rs170/kg (Lahore)

Ghee Prices Shoot Up to Rs170/kg (Lahore)

Tuesday, March 6, 2012 9:53

Shortage of edible oil/ghee persists in Lahore owing to a supply halt from Karachi, reported. The dearth has even pushed the price of lower quality ghee to Rs170/kilogramme. Market sources told Geo News that if things ...

Competition Between Private Rail Companies Heats Up (Market Benefits)

Competition Between Private Rail Companies Heats Up (Market Benefits)

Friday, March 2, 2012 12:01

It has only been a few weeks and already Pakistan Railways’ experiment to allow private sector companies to operate some of its train routes is beginning to yield better service quality and even the start of a price war between the two companies that have so far been ...

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Iran Offers to Pakistan 80,000 Barrels of Oil on Three Month Credit

Iran Offers to Pakistan 80,000 Barrels of Oil on Three Month Credit

Wednesday, February 29, 2012 10:32

Amid pressure from the United States, Iran has offered to export 80,000 barrels of oil per day to Pakistan on three-month deferred payments which may ease pressure on energy supplies due to the circular debt. Earlier, ...

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