Business

Business

Grey traffic causing huge losses to govt, LDI operators

Illegal telephone exchanges are causing billions of rupees revenue losses annually to the government and denting the share of licensed…

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SBP report says most macro-economic targets missed

The State Bank claimed in its annual report issued yesterday that the fiscal year 2013-14 (FY14) was a better year…

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Incentives sought for speedy construction of hydro power projects

The Water and Power Development Authority (Wapda) has asked the government to offer a part of the expected revenues of…

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Oil prices down in Asia

Oil prices fell in Asia Wednesday as dealers await the latest US supply report for clues about production levels, while…

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Banking spread falls to 9 year low

Average banking spread has fallen to nine-year low, rendering the long-term government papers more attractive, as it would help banks…

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Women’s lib:Lady cotton pickers take a utited stand for better wages

Women's lib:Lady cotton pickers take a utited stand for better wages Azeema Khatoon, a mother of five, has spent most…

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Stocks rally up to 74 points

As the political temperatures seemed to cool down a bit yesteray, nervous investors took heart and resumed cherry picking to…

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Bad peanut crop push up dry fruits imports

A 30 to 40 percent drop in local peanut crop encouraged traders to import the fruit from India to meet…

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Govt approves floor price for ABL at Rs105

The Cabinet Committee on Privatisation (CCoP)set the floor price at Rs105 a share for the divestment of government’s stake in…

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