ISLAMABAD : The Federal Board of Revenue (FBR) has allowed concessionary rate of 10 percent customs duty on import of certain sub-components and components used in the manufacture of car air-conditioners. The board has amended SRO 565(I)/2006 through SRO 712(I)/2008 on Saturday.
KARACHI : President Pervez Musharraf on Saturday visited the State Bank of Pakistan, Karachi to seek a briefing on the state of Pakistans economy from SBP Governor Dr Shamshad Akhtar. In her presentation, the SBP Governor covered the areas of economic growth, inflation, monetary policy, fiscal and external imbalances, exchange rate and macroeconomic stability.
KARACHI : With international oil price on an upward path and lower than expected forex inflows in June, the Pak rupee on Saturday came under fresh pressure, touching an all time low of Rs 70.15 to one dollar to finally close at Rs 70.14 against the greenback.
KARACHI: The price of sugar per 100kg bag with the increase of Rs100 has now reached to Rs2850 in Sindh and Rs2825 in Punjab.
KARACHI: Selling pressures continued to dominate at Karachi stock exchange in the first week of the new fiscal year, extending the bear-run almost another 400 points.Bears ruled the equities market this week pushing KSEs benchmark 100-index below the psychological level of 12,000 to end at 11,962, down 370 points on week on week basis.
KARACHI: The Compressed Natural Gas (CNG) will be sold at Rs47.25 in Sindh including Karachi and Oil and Gas Regulatory Authority (OGRA) has no authority to intervene in connection with the fixation of the price.
ISLAMABAD: Governor State Bank of Pakistan, Dr. Shamshad Akhtar presented designs of Rs5 and Rs50 bills to the Prime Minister, Yousuf Raza Gilani during their meeting here at Prime Minister House on Thursday.
SINGAPORE: Oil surged past 145 dollars per barrel for the first time Thursday as the weak US dollar and Middle East tension stoked black golds record-breaking run, analysts said. Brent North Sea crude for August delivery hit 145.11 dollars in early Asian trade, before easing back to 144.90 dollars.
ISLAMABAD: Petroleum and CNG Dealers Associations has announced that the final rate of CNG has been fixed at Rs47.25 per kilogram.Chairman of the Association Abdul Sami Khan announced this in a statement issued following the association’ negotiations with the government.
He said consensus has been reached over the new rate of CNG after holding negotiations with […]
KARACH : More than 33 industrial units, including re-rolling mills, textile units, have ceased operation due to recent increase in gas tariff by the government. Most of these units are located in Korangi industrial area.