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‘Business’ News

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Inflation may go up to 14 per cent

Inflation may go up to 14 per cent

Thursday, September 16, 2010 11:57

The government has revised its estimates for current year’s rate of inflation to up to 14 per cent from the budgeted target of 9.5 per cent owing to a number of factors, particularly rising food prices as a result of devastations caused by floods....

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KSE: Decline in open interest future contracts

KSE: Decline in open interest future contracts

Monday, September 6, 2010 17:44

Open interest rate in the future contracts has been decreased by 43% and stands at Rs36.40million. Decline in open ...

KSE ends up; rupee firms; overnight rates down

KSE ends up; rupee firms; overnight rates down

Friday, September 3, 2010 9:45

Karachi stocks ended modestly higher on Thursday as investors awaited statements from Pakistani and International Monetary Fund officials expected later in the day....

OGRA increases diesel price, slightly decreases petrol

OGRA increases diesel price, slightly decreases petrol

Wednesday, September 1, 2010 9:59

The Oil and Gas Regulatory Authority (OGRA) has announced new prices of petroleum products; diesel has been raised and petrol has slightly been decreased, on Tuesday. ...

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Duty free clearance of relief goods

Duty free clearance of relief goods

Thursday, August 26, 2010 9:31

Member Customs, Munir Qureshi on Wednesday directed Customs officials to immediately clear flood relief goods without custom duty and other import related taxes, subject to the production of NOC issued by the NDMA. ...

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Pakistani Officals Talks with IMF begins on Monday

Pakistani Officals Talks with IMF begins on Monday

Monday, August 23, 2010 18:20

A team of Pakistani officials arrived in Washington on Sunday for talks with the International Monetary Fund (IMF) on the country’s budget and economic prospects after a devastating flood. ...

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Sugar prices up as import plan cancelled

Sugar prices up as import plan cancelled

Wednesday, August 18, 2010 17:59

Sugar prices have increased once again after a six-member ministerial team set up by the Economic Coordination Committee (ECC) rejected plans to import 500,000 tons of raw sugar....

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Afridi assures every support for agriculture sector

Afridi assures every support for agriculture sector

Monday, August 16, 2010 18:02

Minister for Environment Hameed Ullah Jan Afridi said on Monday the government is utilizing its all possible resources to develop agriculture sector- back bone of our economy. ...

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Bank holiday on the first day of Ramazan

Bank holiday on the first day of Ramazan

Wednesday, August 11, 2010 19:42

KARACHI: The State Bank of Pakistan (SBP) and all offices of SBP Banking Services Corporation, including the public debt offices, will remain closed for public dealing on first Ramazan, 1431 AH, which will be observed as a bank holiday for the deduction of Zakat. [caption id="attachment_3553" align="alignright" width="265" caption="Bank holiday on ...

Lucky Cement announces Rs4 per share dividend

Lucky Cement announces Rs4 per share dividend

Wednesday, August 11, 2010 12:45

KARACHI: Lucky Cement Limited declared a lower-than-expected net profit of Rs3.1 billion, down 31 per cent on yearly basis. The profit has dropped solely because of lower prices of cement in both local and export markets during fiscal year 2010, said IGI Securities analyst Sana Abdullah. [caption id="attachment_3520" align="alignright" width="300" caption="Lucky Cement ...

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