Business

Business

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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FDI jumps up 19pc in July-Nov

Foreign private investment (FPI) rose by 82 per cent to $630 million in the first five months (July-November) of this…

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Karachi’s Jodia Bazaar remains shut

Jodia Bazaar — the major wholesale market of the country dealing in essential commodities, like flour, wheat, rice, sugar and…

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Furnace-based power plants to be phased out gradually

Amid anticipated higher electricity shortfalls later this month owing to canal closures, Prime Minister Nawaz Sharif on Tuesday directed that…

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Meltdown on KSE; index crashes and loses 814 points on Black day

Stocks came crashing down on Tuesday with the KSE-100 index sinking deeper and deeper all through the day to close…

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Karachi wholesale markets on strike today

Karachi traders dealing in groceries have decided to shut down wholesale markets on Tuesday (today) to protest against the harassment…

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Slow trading on cotton market

Trading was relatively slow on the cotton market yesterday where buyers looked for quality lint. How­ever, ginners on their part…

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