Cotton production in the country has recorded a significant increase of 13 percent to more than 4.715 million bales till October 15, 2011 despite damage to crop in Sindh, over last year’s 4.173 million bales. According to ...

Lahore Chamber of Commerce and Industry (LCCI) has demanded Federal Board of Revenue to impose 25 percent regulatory duty on copper export. The entire cottage industry in general and wire manufacturers in particular is in deep trouble due to the withdrawal ...

Oil prices ended lower Monday after the Group of 20 meeting in Paris on the weekend failed to solidify market confidence in the global growth picture and Europe s financial soundness....

Mango export from the country during the current season of the year 2011-12 has reached to 130,000 tons as Pakistani mangoes was introduced in US and Japanese markets. Mango The ...

The federal statistics reveal that the prices of at least 21 items registered an increase. The average percentage of price hike during the current week is 8.3. [caption id="attachment_16342" align="alignright" width="300" caption="Essential Items"][/caption] However, the prices of onions, ...

Bill Gross, manager of the world’s largest bond fund, apologized to his investors late Friday for his poor performance, saying “I’m just having a bad year.” In a Special Edition letter posted on PIMCO’s website, Gross, who runs the $242 billion PIMCO Total Return portfolio, wrote that he underestimated ...

The cabinet, scheduled to meet today (Wednesday), is likely to approve increase in gas tariff for independent and captive power plants under the tariff rationalisation plan, a move that will lead to a rise in power prices, sources say....

The stock market closed on a negative note amid low turnover as political noise in the country pushed participants to book profits. Karachi Stock Exchange The ...

The government on Thursday established a holding company and merged policymaking for all power generation companies while keeping their operational independence, taking power sector reforms a much-needed step forward....

The government has increased prices of three major petroleum products by up to five per cent in the wake of rise in crude prices in the international market and depreciation of rupee. The new rates will take effect from today. ...