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News for Monday, 19 Dec 2011

Improving the HD indicators

It seems that the current political developments which are capricious have overshadowed the findings of the recently released UNDP report on the Human Development Index (HDI). Thus far it has...

Blog for business

Blogs have become a new ecommerce buzz. Marketers are blogging for organisations, products, ideas and or for other goals and achieving. A business blog is the one published by or...

43pc imported urea goes untraceable

Nearly half (43 per cent) of the imported urea fertiliser is going to untraceable destinations, despite marketing through state-run National Fertiliser Marketing Limited (NFML). This has been reported by divisional...

Govt to ban gas to new skyscrapers

The helpless government, which is yet to formulate a policy to minimise the energy crisis in the country, has decided to ban gas connection to new skyscrapers in the country....

Govt gives green signal to new car manufacturers

To cut the prices of locally manufactured cars, federal ministry of finance, economic affairs, statistics and revenue finally give go ahead to new entrants to import complete knock down (CKD)...

US dollar touches all time high

On Monday, US dollar has touched its all time high selling at 90, and one of the main reasons conducive for Pakistani Rupee depreciation is widening current account deficit. That...

$350 million variation in SBP, FBS data

There is a huge contrast in the exports statistics reported by the State Bank of Pakistan and the Federal Bureau of Statistics. As per SBP data, exports of the country...

Country’s economy grows by 2.4 per cent in FY 2011

Pakistan’s economy managed to grow by 2.4 per cent in fiscal year 2010-11 (FY11), despite devastating floods in the early part of FY11, says State Bank’s annual report on state...

NATO defiant on Afghan night raids

NATO said Monday that US-led forces in Afghanistan will continue night raids, despite renewed objections from Afghan President Hamid Karzai after a pregnant woman was killed during an operation. Afghan...

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