Daily Archives: October 31, 2011

Standard and Poor’s affirms B-rating

The world’s leading rating agency, Standard and Poor’s, on Monday affirmed its ‘B-‘ long-term and ‘C’ short-term foreign and local currency sovereign credit ratings on Pakistan. The outlook on the long-term rating

Gas curtailment hits urea prices

Engro Corporation has raised urea prices by Rs400/bag. As a result of this price hike, urea prices now stand at Rs1,980/bag (inclusive General Sales Tax). This is the second price hike initiated

Bulls storm KSE with 307 point gain

Relaxed political front and increase in fertiliser prices by local manufactures allowed the fertiliser sector to lead the bull-run that was well supported by the Oil and Gas exploration and marketing stocks,

Sino-Pak Relations

To counter the U.S domination in the region, it is important that we continue to strengthen our bond with China. And, of course the Indian factor always influences things. Apart from increasing

Deteriorating Railways

The dire straits, that the PR finds itself in, is a sorry sight. Railways has been my favourite mode of transportation for as long as I can remember, but the current state