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| Tarin confident about interest rate cut |
| ISLAMABAD: The International Monetary Fund has agreed to allow reduction in the State Bank of Pakistans discount rate that would lead to overall down |
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| Petroleum development surcharge |
| ISLAMABAD: The governments earnings through development surcharge on petroleum witnessed unprecedented upsurge to Rs28.839 billion till December 2008 |
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| Cellphone firms introducing value-added services |
| LAHORE: Following the decline in Average Revenue Per User (ARPU), the competition is intensifying among cellular operators for innovation and value-ad |
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| Interest on Pak dollar bonds up |
| LAHORE: The economic slowdown has resulted in a decline of Rs17.5 in rupee value against US dollar since June 2008, adding to the countrys foreign de |
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| KSE falls 46 points due to political situation |
| KARACHI: Local equity market on Monday closed on negative side. The KSE 100 Index lost 46.17 points to close at 5681.29 after opening in the green zon |
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| LSE down 11 points |
| LAHORE: Political uncertainty fanned selling pressure on Monday at the Lahore Stock Exchange where the benchmark LSE 25-share Index fell 11.37 to clos |
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| Five Dewan Group companies announce losses |
| KARACHI: The thread-to-car conglomerate Dewan Group seems to be in dire financial straits as five of its companies on Monday posted losses for six mon |
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| Pak truckers strike against Afghan tax |
| CHAMAN: Scores of Pakistani truckers went on strike on Monday in a southwestern border town to protest against a new transit tax imposed by Afghan aut |
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| Urea prices rise by Rs30 |
| KARACHI: Fertiliser producing companies have increased prices of urea by Rs30 per bag to Rs690 despite a fall in its purchase.
Urea sales at t |
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| TCP buys 25,000T sugar in latest tender |
| ISLAMABAD: Pakistan has bought 25,000 tonnes of white/refined sugar at $451.45 per tonne, cost and freight and free out (CFFO), in a tender for 50,000 |
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