Business

Business

Industry grows by 3.9pc in FY14

Large-scale manufacturing (LSM) posted a growth of 3.95 per cent in the outgoing fiscal year 2013-14 from a year ago.…

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India’s top investigators to close coal scam case against billionaire Birla

India's Central Bureau of Investigation (CBI) said it would drop a coal scam case against billionaire Kumar Mangalam Birla and…

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Dollar hits six-month high against rupee

The US dollar rose 63 paisas in the inter-bank market on Monday after which it touched the Rs103.30 mark. Experts…

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With commissioners’ retirement, trouble looming for SECP

With the retirement of Imtiaz Haider as commissioner and another set to retire next month, the Securities and Exchange Commission…

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South Africa initiates probe over alleged cement dumping from Pakistan

Pakistan’s exports of cement to South Africa may face serious problems as the International Trade Administration Commission of South Africa…

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Current account deficit increases to $454m in July

The current account deficit rose in the first month of this fiscal year, both as compared to July last year…

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Smuggled Iranian tiles: A growing threat to the local industry

The local industry has informed the government that Iranian tiles worth Rs12 billion were dumped into the local market in…

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Russia strikes back….At McDonald’s outlets

Russian authorities launched nationwide inspections of McDonald’s restaurants yesterday after shutting three popular Moscow outlets on apparent government orders aimed…

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Power distribution companies seek 16-50pc increase in tariff from NAPRA

The distribution companies of ex-Wapda have sought an increase in electricity tariff for current fiscal year by 16-50 per cent…

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