Business

Business

Support price for wheat increased to Rs1,300

ISLAMABAD: The government increased on Saturday wheat support price for the year 2014-15 crop from Rs1,200 to Rs1,300 per 40kg.…

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AGP detects irregularities in tax collection

ISLAMABAD: The Auditor General of Pakistan (AGP) has detected irregularities in sales tax, income tax and federal excise duty worth…

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Pakistan Oilfields earnings up 15pc

KARACHI: Pakistan Oilfields Limited (POL) recorded an after-tax profit of Rs4.2bn for the first quarter of this fiscal year, translating…

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Used hybrid cars rates going up despite tax relief

LAHORE: The business of used cars import is thriving as 9,569 used vehicles were imported in the first three months…

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State Bank of Pakistan’s profit nocks at Rs311.8b

The  profit of the State Bank of Pakistan (SBP)  for 2013-14 was loged  at Rs311.8 billion. The report released on…

2 Min Read

OMCs lead 172-point rally after ECC’s move

KARACHI: Stocks extended the rally on Friday as the KSE-100 index added 172.44 points (0.57 per cent) to close at…

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PIA has cut losses of Rs13.5bn this year: aviation adviser

ISLAMABAD: Adviser to Prime Minister on Aviation Affairs Shujaat Azeem said on Friday that the annual loss of Pakistan International…

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Govt approves 20pc duty on wheat import

ISLAMABAD: In a surprising development which could have political ramifications, the government on Thursday decided to block reduction in wheat…

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$1.2bn loss in six months due to energy shortage: Aptma

LAHORE: Pakistan’s official international trade figures for the six months from April to September show that the country has lost…

1 Min Read