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Tuesday, 21 May 2013 7:25 pm
High 14 oC - Low 7 oC
News for Thursday, 1 Jan 1970
Shipping delays worry exporters
A rift has grown between exporters and terminal operators as the latter become agitated by shipment delays at the terminals. Cutoff time is set through mutual agreement between a particular...
Pakistan earning $1.4b through IT exports: PM
Prime Minister Syed Yusuf Raza Gilani on Tuesday said that Pakistan was earning around $1.4 billion through Information Technology related exports annually.Chairing a high-level meeting of Information and Technology Board...
Exchange rate may dip slightly in FY12
The Pakistani rupee has somewhat remained stable against the US dollar, depreciating by a mere 2.4 percent on a year-on-year basis, in the period July-March of FY11. A recent monthly...
Audit finds massive irregularities at SME Bank
The Small and Medium Enterprises (SME) Bank has not only sustained a huge loss of around Rs1.5 billion as it failed to recover loans in 2009 but has also lost...
OMCs eye boosted margins
With a significant boost in market margins in the region of 20 to 30 percent within next one or two months and measures being introduced to sort out longstanding issue...
‘Commercial food system broken’
Food prices could double in the next 20 years and demand in 2050 will be 70 percent higher than now, UK charity Oxfam said on Tuesday, warning of worsening hunger...
Nervousness ahead of budget
Persistent selling in frontline high priced stocks amid low volumes, budget nervousness and likely repercussions of the planned operation in North Waziristan, forced the benchmark to plunge in the negative...
Govt borrowing keeps inflation high
Inflationary pressures in the terrorism-hit country seem to persist, as all indicators of money aggregates, including the money supply, keep growing at a rapid pace. With analysts foreseeing hyperinflation, the...
Saudi govt to limit work permits
Saudi Arabia plans to limit the number of work permits given to foreigners in an attempt to increase employment among Saudis. Larger firms will need to meet higher quotas, the...
Latest News
- CIA drone strikes in Pakistan won’t stop!
- Taliban’s serious offer for dialogue must be considered: Nawaz
- Karachi re-polling: PTI leads as MQM condemns ‘fake’ re-balloting
- Sherry Rehman resigns as ambassador to US
- Sit-ins across country over ‘polls rigging’
- Emergency imposed in Karachi
- Protest erupt over rigging allegations
- Eight killed as LDA plaza goes up in flames
- Gunmen abduct Gilani’s son, kill his two aides
- Injured Sanaullah succumbs to injuries
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