Business

Business

Selective trading at cotton market

The cotton market yesterday witnessed selective trading in quality cotton from spinners and exporters. However, ginners were keen to hold…

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Bears firmly in control at KSE

Stocks extended the decline yesterday with the KSE-100 index losing another 209.14 points or 0.68 per cent to close at…

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FTA negotiations with Nigeria

The Ministry of Commerce is working on a proposal for early initiation of negotiations with Nigeria on Free Trade Agreement…

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CPPA seeks Rs2.92 cut per unit in power rates

Going beyond the Prime Minister’s announcement last week, the Central Power Purchase Agency (CPPA) has sought Rs2.92 per unit reduction…

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Shutters down as nation reels from Peshawar carnage

The business community voluntarily shut down markets yesterday to mourn the ghastly massacre in Peshawar. “I can claim with authority…

2 Min Read

Cotton trading still lacklustre

Trading failed to pick up on the cotton market yesterday amid selective buying for quality lint. Floor brokers said that…

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Gadoon Textile all set to merge with Fazal Mills

The Gadoon Textile Mills (GADT) approved ‘Scheme of Arrangement’ of merger with Fazal Textile Mills (FZTM) yesterday. The decision comes…

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Dar asks Commission to finalise tax proposals for next budget

Finance Minister Ishaq Dar today  tasked the Tax Reform Commission to come up with an interim report of tax proposals…

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Textile exporters perturbed over energy crisis

Textile exporters have expressed concerns that the GSP+ scheme will remain fruitless unless the energy crisis and other impediments are…

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