ICE cotton futures fell on Friday to end the week down 0.1 percent, as a stronger dollar pressured prices and traders began to sell July contracts and buy December contracts on the first day of the Goldman Sachs Commodity Index roll. "That should support
Basmati Growers Association (BGA) Chairman and Farmers Associates Pakistan Director Chaudhry Hamid Malhi has said that the exemption proposed for rice mills should be applied to all rice stakeholders. "Growers, traders, millers and exporters have suffered
Pakistan missed the target of agriculture growth during 2014-15 as the sector registered a growth of 2.9 percent against the target of 3.3 percent. According to Economic Survey 2014-15, the country missed agriculture growth target because of negative grow
The Economic Survey 2014-15 released by Finance Minster on Thursday termed weak export yarn, gas shortage and substitution of domestic edible oil with imports as key reasons for lower growth of Large Scale Manufacturing (LSM). According to the document, L
The government has decided to impose 10 percent sales tax on all kinds of dairy products (milk and its bi-products) sold in retail packing with the brand name in budget (2015-16). According to the sources, this 10 percent sales tax would be imposed on dai
The government has decided to impose 10 percent sales tax on all kinds of dairy products (milk and its bi-products) sold in retail packing with the brand name in budget (2015-16). According to the sources, this 10 percent sales tax would be imposed on dai
Amin Hashwani, Chairman, the Karachi Cotton Association has expressed great concern over the intention of the government to impose sales tax on raw cotton in the federal budget 2015-16 in order to generate its revenue. The KCA has always strongly opposed
Amin Hashwani, Chairman, the Karachi Cotton Association has expressed great concern over the intention of the government to impose sales tax on raw cotton in the federal budget 2015-16 in order to generate its revenue. The KCA has always strongly opposed
As less than 100,000 bales of current crop (August 2014 / July 2015) remains unsold in the market, prices remain mostly steady till the arrival of new crop (August 2015 / July 2016). Seedcotton (kapas / phutti) from the new crop may arrive in very small q
As less than 100,000 bales of current crop (August 2014 / July 2015) remains unsold in the market, prices remain mostly steady till the arrival of new crop (August 2015 / July 2016). Seedcotton (kapas / phutti) from the new crop may arrive in very small q
Main participants kept on the sidelines on the cotton market ahead of federal budget for 2015-16, dealers said on Wednesday. The official spot rate was inert at Rs 5400, dealers said. In the ready session, only 1400 bales of cotton sold at Rs 4600, they s
ICE cotton futures rose to their highest in nearly a week on Thursday after a strong US government export sales report, before falling back to end the session negative ahead of the heart of the index fund roll period. "There's not much time to start build
The revival of growth that started in 2013-14 has accelerated in 2014-15 as per latest indicators released by the National Accounts Committee. The factors contributing this momentum in growth include the reform initiatives, commitment to a calibrated fisc
The revival of growth that started in 2013-14 has accelerated in 2014-15 as per latest indicators released by the National Accounts Committee. The factors contributing this momentum in growth include the reform initiatives, commitment to a calibrated fisc
The revival of growth that started in 2013-14 has accelerated in 2014-15 as per latest indicators released by the National Accounts Committee. The factors contributing this momentum in growth include the reform initiatives, commitment to a calibrated fisc
Pakistan Businessmen and Intellectuals Forum's (PBIF) president Mian Zahid Hussain has said that the country's economy despite many challenges performed better in the current fiscal year as compared to last financial year. "The economy braved challenges l
Official spot rate dropped on the cotton market on Wednesday in the process of modest trading, dealer said. Official spot rate was down by Rs 50 to Rs 5400, they said. In the ready session, nearly 4000 bales of cotton finalised between Rs 4100-5675, they
Finance Ministry has created misplaced hype about the Economic Survey 2014-15 yet another year by locking down the Ministry of Finance and the Printing Corporation of Pakistan (PCP) for media to avoid any leakage before the Finance launch of the document
Finance Ministry has created misplaced hype about the Economic Survey 2014-15 yet another year by locking down the Ministry of Finance and the Printing Corporation of Pakistan (PCP) for media to avoid any leakage before the Finance launch of the document
Finance Ministry has created misplaced hype about the Economic Survey 2014-15 yet another year by locking down the Ministry of Finance and the Printing Corporation of Pakistan (PCP) for media to avoid any leakage before the Finance launch of the document
The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
The government is planning to impose reduced rate of 5 percent sales tax on ten sectors dealing in equipment/apparatus used for renewable energy and power generation through gas, coal, hydel and oil in coming budget (2015-16). Sources revealed to Busin
ICE cotton futures jumped on Wednesday, erasing losses from the prior three sessions as chart patterns suggested the end of a downturn in prices. "You were due for some type of compensatory reaction this morning," said Ron Lawson, a partner at commodity i
Al-Ghazi Tractors Limited started its operations in 1983. Listed on the KSE, its market capitalization is nearly Rs 24 billion, making it one of the largest auto stocks in the country. The firm's holding company is the Al-Futtaim Group in Dubai, which own