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Print - 2014-06-14
Attack on Karachi airport: importers reluctant to file refund claims

Attack on Karachi airport: importers reluctant to file refund claims

Importers appeared to be reluctant to submit details of their consignments which got damaged during the recent attack on Karachi airport, despite receiving formal requests in this regard from different trade associations. Karachi Customs Agents Associatio
Published 14 Jun, 2014 12:00am
DUHS initiates 'Safe Blood Transfusion Services'

DUHS initiates 'Safe Blood Transfusion Services'

Dow University of Health Sciences (DUHS) on Friday initiated Safe Blood Transfusion Services with the pillars of voluntary blood donation, training of human resource, developing service delivery in blood banking and transplantation laboratory services wit
Published 14 Jun, 2014 12:00am
Couple allegedly involved in extortion arrested

Couple allegedly involved in extortion arrested

Citizen Police Liaison Committee (CPLC) arrested a couple allegedly involved in extortion cases in the city, here on Friday. According to CPLC sources, the accused were arrested during a joint raid conducted by CPLC central Zone and SIU team in Orangabad
Published 14 Jun, 2014 12:00am
UHD Curved TV to its dealers: Samsung gives first-hand experience

UHD Curved TV to its dealers: Samsung gives first-hand experience

Samsung Electronics Co Ltd, a global leader in digital media and TV technology today, conducted a ceremony to privilege its dealers with first-hand experience of its newly launched Ultra High Definition Curved TV. The event was held at the Expo Center, La
Published 14 Jun, 2014 12:00am
Cop among three shot dead in Karachi

Cop among three shot dead in Karachi

Three people, including a policeman, were killed while seven others were injured in separate incidents of violence in different parts of Karachi on Friday. According to police and rescue sources, police head constable Aslam, 50, was shot dead by unknown a
Published 14 Jun, 2014 12:00am
Section 182: non-filers tax officers asked to fulfil requirements

Section 182: non-filers tax officers asked to fulfil requirements

Sensing that seniority issue might crop up in taking punitive measures against over 1,000 officers, who have failed to submit income tax returns for tax year 2013, the Federal Board of Revenue (FBR) has now asked these non-compliant officers to file their
Published 14 Jun, 2014 12:00am
United Insurance to work as Window Takaful Operator: 11th EOGM held

United Insurance to work as Window Takaful Operator: 11th EOGM held

Te 11th Extra Ordinary General Meeting of The United Insurance Company of Pakistan Limited was successfully conducted at Royal Palm Golf Club Lahore on Thursday. Meeting was chaired by Khawas Khan Niazi, Directors of the company Rahat Sadiq, Madam Huma Wa
Published 14 Jun, 2014 12:00am
United Insurance to work as Window Takaful Operator: 11th EOGM held

United Insurance to work as Window Takaful Operator: 11th EOGM held

Te 11th Extra Ordinary General Meeting of The United Insurance Company of Pakistan Limited was successfully conducted at Royal Palm Golf Club Lahore on Thursday. Meeting was chaired by Khawas Khan Niazi, Directors of the company Rahat Sadiq, Madam Huma Wa
Published 14 Jun, 2014 12:00am
Seven employees of Gerry's Dnata: deaths occurred early morning: CAA

Seven employees of Gerry's Dnata: deaths occurred early morning: CAA

The Jinnah Hospital's post-mortem report of the seven employees of Gerry's Dnata who unfortunately died during the terrorists' attack on Jinnah Airport terminal1 concluded that the deaths occurred approximately between 3:00am and 9:00am on June 09, 2014.
Published 14 Jun, 2014 12:00am
Monsanto arranges field day in Manga Madi

Monsanto arranges field day in Manga Madi

Innovations in agriculture, increased awareness and adoption of good agronomic practices by farmers can help increase agricultural productivity. With progressive farmers adopting high yielding seeds and achieving yields at par with global yields, some far
Published 14 Jun, 2014 12:00am
One killed in checkpost attack in Lower Dir

One killed in checkpost attack in Lower Dir

A policeman was killed on Friday when unidentified militants attacked a police check post near Chakdara area of Lower Dir district. According to sources, the terrorists took to heels after the attack. Following the onslaught, search operation has been sta
Published 14 Jun, 2014 12:00am
SMEs in Southern Punjab hit by power loadshedding

SMEs in Southern Punjab hit by power loadshedding

The South Punjab is producing more than 4,000MW electricity but its worsening power crisis and the unannounced and prolonged load-shedding have badly affected the performance of small and medium enterprises (SMEs). The small business units whose productio
Published 14 Jun, 2014 12:00am
Peshawar University to commence MA/MSc exams from August 13

Peshawar University to commence MA/MSc exams from August 13

The annual masters examination of the University of Peshawar would commence from August 13, 2014 while the varsity would remain closed from June 16 to 30th August for summer vacations. This was decided in meeting of the heads of the teaching departments w
Published 14 Jun, 2014 12:00am
Demonstration held against drone attack in SWA

Demonstration held against drone attack in SWA

Enraged activists of civil society on Friday burnt the US flag and shouted anti-US slogans against drone attacks in South Waziristan causing the death of 16 peoples. The demo was led by Tariq Naeemullah Khan, President, United Citizen Front (UCF). Demonst
Published 14 Jun, 2014 12:00am
Health sector: huge increase in allocation praised

Health sector: huge increase in allocation praised

Advisor to Chief Minister Punjab on Health, Kh Salman Rafique has said that 37 percent increase in the allocation for health sector in provincial budget 2014-15 reflects healthy Punjab. He said Chief Minister Shahbaz Sharif has proved himself as poor-frie
Published 14 Jun, 2014 12:00am
Why do you think revolutions occur?

Why do you think revolutions occur?

Addressing the sit-in participants by telephone from London's International Secretariat after his release from Southwark police station, MQM chief Altaf Hussain reportedly said a change appeared to be imminent in Pakistan through which the poor will rule
Published 14 Jun, 2014 12:00am
Modi-led India, Xi-led China

Modi-led India, Xi-led China

That a Narendra-led India is seeking a policy reset in region is a fact that can be witnessed in Modi's pledges for a 'strong' foreign policy. According to reports, India's new nationalist government has promised to pursue a more muscular foreign policy a
Published 14 Jun, 2014 12:00am
Digital vs celluloid debate grips movie world

Digital vs celluloid debate grips movie world

Director Quentin Tarantino lambasts digital film-making as nothing less than the "death of cinema as I know it". Converts hail it as a democratising force for good that is cheaper and faster than celluloid. A debate is raging in the film world about the m
Published 14 Jun, 2014 12:00am
Panjshir dreams of a new Massoud for Afghanistan

Panjshir dreams of a new Massoud for Afghanistan

In the scenic Panjshir Valley where anti-Soviet fighter Ahmad Shah Massoud built his legend, all hopes are on his former spokesman Abdullah Abdullah winning Saturday's presidential election and pursuing his legacy. Three hours' drive north-east of Kabul s
Published 14 Jun, 2014 12:00am
Failure of economics in rural areas

Failure of economics in rural areas

Pakistan's rural areas hold about 70 percent of the population and all the other statistics that go with it. These are mere words and I am not going to justify or deny anything that is being done to undo the rural areas. Urbanisation gives you growth or s
Published 14 Jun, 2014 12:00am
Iraq on the brink, again

Iraq on the brink, again

If the ouster of Saddam Hussain was not enough to spawn political instability in Iraq the Syrian civil war has done it by throwing up new claimants to seat of power in Baghdad. A ragtag al Qaeda affiliate conceived by Al-Zarqawi, and one of many anti-Assa
Published 14 Jun, 2014 12:00am
Taxes and Dar

Taxes and Dar

Federal Finance Minister Ishaq Dar stated before the Nasreen Jalil chaired Senate Standing Committee on Finance that provinces are not ready to authorise the federal government to impose or collect agriculture income tax. Nasreen Jalil (MQM) is from the o
Published 14 Jun, 2014 12:00am
K-E installs new low-cost meters in underprivileged areas

K-E installs new low-cost meters in underprivileged areas

K-Electric (KE) through its press statement was pleased to announce that the company has successfully installed new low-cost meters in the area of Baldia. Both Mianwali Colony and Pakhtun Para were kunda infested areas where this low cost installation dri
Published 14 Jun, 2014 12:00am
Political stability a must to achieve economic growth: Ahsan

Political stability a must to achieve economic growth: Ahsan

Federal Minister for Planning, Development and Reforms, Ahsan Iqbal Friday said that political stability is necessary to achieve a long-term economic growth as it ensured continuity in the economic polices that investors need. Talking to media at Middle E
Published 14 Jun, 2014 12:00am
Workers' convention: 'Awami Charter' only solution to Karachi: JI chief

Workers' convention: 'Awami Charter' only solution to Karachi: JI chief

Jamaat-i-Islami (JI) Karachi Chief Hafiz Naeem-ur-Rehman has reiterated that the JI's 'Awami Charter' is only solution of the problems of common man. He expressed these views while addressing a workers' convention organised by JI North Karachi Zone near M
Published 14 Jun, 2014 12:00am
Security of jails in Balochistan beefed up: IG

Security of jails in Balochistan beefed up: IG

Security of Balochistan's jails has been beefed up to avoid any untoward incident. Talking to media, Inspector General of Balochistan Prisons Bashir Bangulzai said additional personnel of law enforcement agencies have been deployed at and around all six j
Published 14 Jun, 2014 12:00am
Rs 43.583 billion earmarked for health in Sindh budget

Rs 43.583 billion earmarked for health in Sindh budget

Sindh government has earmarked Rs 43.583 billion for health sector in provincial budget for FY 2014-15, which shows 20 percent increase. Chief Minister Sindh Syed Qaim Ali Shah in his budget speech said that non-salary budget was being increased by a subs
Published 14 Jun, 2014 12:00am
Rs 43.583 billion earmarked for health in Sindh budget

Rs 43.583 billion earmarked for health in Sindh budget

Sindh government has earmarked Rs 43.583 billion for health sector in provincial budget for FY 2014-15, which shows 20 percent increase. Chief Minister Sindh Syed Qaim Ali Shah in his budget speech said that non-salary budget was being increased by a subs
Published 14 Jun, 2014 12:00am
Energy sector: Rs 31 billion allocated

Energy sector: Rs 31 billion allocated

In order to achieve the energy sector targets, Punjab government has allocated Rs 31 billion for Energy Sector in the ADP 2014-15. Accordingly, Punjab will witness a major thrust towards renewable energy sources and energy efficiency and conservation init
Published 14 Jun, 2014 12:00am
Energy sector: Rs 31 billion allocated

Energy sector: Rs 31 billion allocated

In order to achieve the energy sector targets, Punjab government has allocated Rs 31 billion for Energy Sector in the ADP 2014-15. Accordingly, Punjab will witness a major thrust towards renewable energy sources and energy efficiency and conservation init
Published 14 Jun, 2014 12:00am
PRA eyes higher tax collection

PRA eyes higher tax collection

The Punjab Revenue Authority (PRA) has estimated to collect Rs 95 billion in the financial year 2014-15 as against Rs 62.35 billion for the financial year 2013-14 which is 52.4 per cent higher than last year's owing to the still untapped potential in the
Published 14 Jun, 2014 12:00am
ADP aimed at spurring growth

ADP aimed at spurring growth

The Punjab government has proposed to allocate an amount of Rs 345 billion for the Annual Development Programme 2014-15 that includes Rs 290 billion for regular development programme and Rs 40 billion for other development initiatives with Rs 15 billion f
Published 14 Jun, 2014 12:00am
ADP aimed at spurring growth

ADP aimed at spurring growth

The Punjab government has proposed to allocate an amount of Rs 345 billion for the Annual Development Programme 2014-15 that includes Rs 290 billion for regular development programme and Rs 40 billion for other development initiatives with Rs 15 billion f
Published 14 Jun, 2014 12:00am
Rs 13.16 billion allocated to agriculture, livestock sectors

Rs 13.16 billion allocated to agriculture, livestock sectors

Punjab government has allocated a sum of Rs 13,160 million collectively for the agriculture and livestock and dairy development sectors for the year 2014-15 against the allocation of Rs 7,974 million in 2013-14. As per budget documents, the allocation for
Published 14 Jun, 2014 12:00am
Education sector: administration expenditure reduced by 9.2 percent

Education sector: administration expenditure reduced by 9.2 percent

The government of Punjab has allocated Rs 46.712 billion in the proposed budget for the fiscal year 2014-15 for the education sector against an allocation of Rs 40.596 billion in the outgoing financial year. According to the budget documents, the General
Published 14 Jun, 2014 12:00am
ADB principal creditor: Punjab debt stands at Rs 451.8 billion
Libor

ADB principal creditor: Punjab debt stands at Rs 451.8 billion

Asian Development Bank (ADB) with 46 percent holding is the principal creditor of Punjab foreign debt followed by the World Bank and government of Japan with 46 percent and 6 percent foreign debt holding, respectively. Punjab's total debt, 6 percent or Rs
Published 14 Jun, 2014 12:00am
China corn trade may be opened up amid food policy reshaping

China corn trade may be opened up amid food policy reshaping

China's move to scrap its annual stockpiling programme for soyabeans shows its grain security policy is being redefined and could pave the way for liberalisation of the corn trade, the founder of the country's largest animal feed producer said. China, whi
Published 14 Jun, 2014 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most-traded August copper contract on the Shanghai Futures Exchange climbed 0.2 percent to 47,730 yuan ($7,700) a tonne on Friday. The trail that led investigators to a suspected metal financing scam at China's Qingdao port which has spooked Western b
Published 14 Jun, 2014 12:00am
Copper bounces, but falls for third week

Copper bounces, but falls for third week

Copper recovered on Friday, as buying picked up a day after prices hit their lowest in 1-1/2 months, but the metal still fell for a third straight week due to concerns over demand and a probe into metals financing in China. Three-month LME copper closed u
Published 14 Jun, 2014 12:00am
Oil climbs amid escalating conflict in Iraq

Oil climbs amid escalating conflict in Iraq

Oil prices rose to new nine-month highs on Friday as concerns persisted that an insurgency in Iraq could disrupt oil exports from the second-largest Opec producer. Iraq's most senior Shia cleric urged his followers to take up arms against the advancing Su
Published 14 Jun, 2014 12:00am
Rubber rebounds

Rubber rebounds

Benchmark Tokyo rubber futures rebounded on Friday, posting the biggest weekly gain in about nine months, helped by healthy economic data from top buyer China and a rise in Nikkei share prices. The Tokyo Commodity Exchange (TOCOM) rubber contract for Nove
Published 14 Jun, 2014 12:00am
Palm oil strengthens

Palm oil strengthens

Palm oil strengthened in Malaysia on Friday snapping three weeks of declines, buoyed by firmer crude oil prices, buyers stocking up ahead of the Muslim fasting month and a week of extreme heat that suggested an El Nino weather pattern may be on the way. B
Published 14 Jun, 2014 12:00am
ICE arabicas surge, raw sugar rises

ICE arabicas surge, raw sugar rises

ICE arabica coffee futures rallied on chart-based buy signals on Friday as uncertainty over the extent of drought damage to Brazilian crops continued, keeping the market volatile, while ICE raw sugar jumped after tapping an eight-week low. ICE cocoa futur
Published 14 Jun, 2014 12:00am
Soya dives

Soya dives

US soyabean futures fell to a two-month low on Thursday on chart-based selling and fund liquidation following a monthly US government report that showed rising global soya supplies, traders said. Corn firmed, gaining against soyabeans on spreads, but whea
Published 14 Jun, 2014 12:00am
Platinum and palladium sink in New York

Platinum and palladium sink in New York

Palladium posted its biggest daily losses in almost a year on Thursday after South African producers struck a deal with the union to end a crippling five-month strike, and violent conflict in Iraq burnished gold's safe haven status. Spot palladium fell al
Published 14 Jun, 2014 12:00am
Palladium and platinum rebound in Asia

Palladium and platinum rebound in Asia

Palladium and platinum edged up on Friday, after falling sharply in the previous session on expectations the longest strike in the history of South Africa's mines would end soon. Palladium rose $3.25 an ounce to $825.25 by 0637 GMT. It plunged about 4 per
Published 14 Jun, 2014 12:00am
Palladium at one-month low in Europe

Palladium at one-month low in Europe

Palladium fell to a one-month low and platinum inched lower on Friday, adding to the previous session's sharp fall as investors awaited confirmation that South Africa's longest mining strike would end soon. The leader of South Africa's AMCU union said tha
Published 14 Jun, 2014 12:00am
US MIDDAY: grains rebound

US MIDDAY: grains rebound

US soyabean futures rose on Friday in a short-covering and technical-buying rebound after a steep drop in the previous session to a 2-1/2 month low. Corn rose for a second straight day on bargain buying after hitting a four-month low at midweek. Wheat pri
Published 14 Jun, 2014 12:00am
US MIDDAY: palladium hits one-month low

US MIDDAY: palladium hits one-month low

Palladium tumbled to a one-month low early on Friday, extending its biggest drop in nearly a year in the previous session, as investors awaited confirmation that South Africa's longest mining strike would end soon. Gold prices edged up after Thursday's 1
Published 14 Jun, 2014 12:00am
Prolonged loadshedding gives boost to sale of generators and UPS

Prolonged loadshedding gives boost to sale of generators and UPS

Prolonged and unannounced loadshedding being resorted to by K-Electric in the current hot and sultry weather has given boost to the sale of generators and uninterrupted power supply (UPS). Taking undue advantage of the situation, dealers of generators and
Published 14 Jun, 2014 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on June 10, 2014.

Published 14 Jun, 2014 12:00am
Qaim urges government to withdraw GIDC

Qaim urges government to withdraw GIDC

Terming the Gas Infrastructure Development Cess (GIDC) 'unconstitutional' and `unilateral', Sindh Chief Minister Syed Qaim Ali Shah on Friday urged the federal government to withdraw the levy. He told the legislators during a budget speech at Sindh Assemb
Published 14 Jun, 2014 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on June 10, 2014.

Published 14 Jun, 2014 12:00am
Karachi's transport woes figure high on Sindh's ADP

Karachi's transport woes figure high on Sindh's ADP

The Sindh government has estimated Rs 168 billion for Annual Development Programme (ADP) for the Financial Year 2014-15. This is Rs 17 billion less than the outgoing year's estimate of Rs 185 billion but 46 percent higher than the outgoing year's revised
Published 14 Jun, 2014 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on June 10, 2014.

Published 14 Jun, 2014 12:00am
Seminar

Seminar

The final MS seminar of scholar Rafiozaman Brohi of chemical sciences department will be held on June 16 at Dean Faculty of Natural Sciences, University of Sindh Jamshoro. The scholar will deliver lecture on "gas chromatography determination of adenine, g
Published 14 Jun, 2014 12:00am
The Weather

The Weather

The weather report on Friday (June 13, 2014) and the forecast for Saturday (June 14, 2014).

Published 14 Jun, 2014 12:00am
WMBL launches ATM/debit card

WMBL launches ATM/debit card

Waseela Microfinance Bank Ltd (WMBL) has launched ATM /Debit Card as a means to address the banking needs of growing customer base. The ATM /Debit Card launch was jointly announced by Rashid Khan, Chairman WMBL and President and CEO Mobilink and Ghazanfar
Published 14 Jun, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
Punjab sets high growth target

Punjab sets high growth target

Punjab Chief Minister Shahbaz Sharif Friday said the PML-N government led by Prime Minister Muhammad Nawaz Sharif is striving to steer the country out of problems and its sincere and strenuous efforts will be fruitful and Pakistan will emerge as a strong
Published 14 Jun, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
Five-day CNG suspension hits people hard

Five-day CNG suspension hits people hard

The five-day a week gas suspension to Compressed Natural Gas (CNG) stations in Punjab has further intensified the woes of commuters and motorists, it is observed. During a survey conducted by Business Recorder, different CNG consumers and commuters
Published 14 Jun, 2014 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 14 Jun, 2014 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 14 Jun, 2014 12:00am
10 percent increase in Sindh government employees' salaries

10 percent increase in Sindh government employees' salaries

Sindh Chief Minister Syed Qaim Ali Shah on Friday announced a 10 percent increase in salaries of all the government employees. Accordingly, the following measures have been announced in the provincial budget for the year 2014-2015.
Published 14 Jun, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
10 percent increase in Sindh government employees' salaries

10 percent increase in Sindh government employees' salaries

Sindh Chief Minister Syed Qaim Ali Shah on Friday announced a 10 percent increase in salaries of all the government employees. Accordingly, the following measures have been announced in the provincial budget for the year 2014-2015.
Published 14 Jun, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (June 13, 2014) and for Saturday (June 14, 2014).
Published 14 Jun, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
Seven charged with defaming Modi

Seven charged with defaming Modi

Seven people, including four students, have been arrested in southern India on charges of defaming the country's new prime minister in a college magazine. District police chief N. Vijaya Kumar says a former principal of Government Polytechnic College, Thr
Published 14 Jun, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
Seven charged with defaming Modi

Seven charged with defaming Modi

Seven people, including four students, have been arrested in southern India on charges of defaming the country's new prime minister in a college magazine. District police chief N. Vijaya Kumar says a former principal of Government Polytechnic College, Thr
Published 14 Jun, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (June 13, 2014).

Published 14 Jun, 2014 12:00am
Contempt of court notice issued to acting Pemra chief

Contempt of court notice issued to acting Pemra chief

The Islamabad High Court on Friday issued a contempt of court notice to acting chairman Pakistan Electronic Media Regulatory Authority (PEMRA) Pervez Rathore for allegedly violating court's orders. A single- member bench of Justice Noorul Haq Qureshi hear
Published 14 Jun, 2014 12:00am
Contempt of court notice issued to acting Pemra chief

Contempt of court notice issued to acting Pemra chief

The Islamabad High Court on Friday issued a contempt of court notice to acting chairman Pakistan Electronic Media Regulatory Authority (PEMRA) Pervez Rathore for allegedly violating court's orders. A single- member bench of Justice Noorul Haq Qureshi hear
Published 14 Jun, 2014 12:00am
Weekly SPI inflation surges by 8.56 percent

Weekly SPI inflation surges by 8.56 percent

The weekly Sensitive Price Indicator (SPI) inflation surged by 8.56 percent during the week ended June 12, reflecting an increase in the prices of some essential commodities. The provisional data, released by Pakistan Bureau of Statistics, shows that the
Published 14 Jun, 2014 12:00am
THE RUPEE: stable trend

THE RUPEE: stable trend

Firmness prevailed on the money market on Friday as the rupee maintained upward march versus the dollar, dealers said. The rupee gained 15-paisa against the dollar for buying and selling at Rs 98.32 and Rs 98.35 respectively, they said.
Published 14 Jun, 2014 12:00am
Weekly SPI inflation surges by 8.56 percent

Weekly SPI inflation surges by 8.56 percent

The weekly Sensitive Price Indicator (SPI) inflation surged by 8.56 percent during the week ended June 12, reflecting an increase in the prices of some essential commodities. The provisional data, released by Pakistan Bureau of Statistics, shows that the
Published 14 Jun, 2014 12:00am
THE RUPEE: stable trend

THE RUPEE: stable trend

Firmness prevailed on the money market on Friday as the rupee maintained upward march versus the dollar, dealers said. The rupee gained 15-paisa against the dollar for buying and selling at Rs 98.32 and Rs 98.35 respectively, they said.
Published 14 Jun, 2014 12:00am
Weekly SPI inflation surges by 8.56 percent

Weekly SPI inflation surges by 8.56 percent

The weekly Sensitive Price Indicator (SPI) inflation surged by 8.56 percent during the week ended June 12, reflecting an increase in the prices of some essential commodities. The provisional data, released by Pakistan Bureau of Statistics, shows that the
Published 14 Jun, 2014 12:00am
GSP Plus: governments directed to implement International Conventions

GSP Plus: governments directed to implement International Conventions

Commerce Minister Khurram Dastgir has directed provincial governments to implement International Conventions in letter and spirit which are mandatory for the effective utilisation of GSP plus scheme granted by the European Union (EU). Commerce Ministry is
Published 14 Jun, 2014 12:00am