Business

    RBI to launch credit cards

    Kolkata, May 4 (IANS) The Reserve Bank of India (RBI) will launch an IndiaPay credit card - an Indian version of the China UnionPay card - by the end of next year. “Inspired by the success of the China UnionPay card, we will be launching a similar one in our country to promote the […]


    Trust is the key to successful joint business ventures

    Washington, May 4 (ANI): In order to survive in the global economy, corporate collaboration is becoming a necessity, thereby making trust critical to the success of joint business ventures.
    A University of Missouri study examined the effects of trust at three distinct organizational levels and found that business executives should strive to build and maintain […]

Small aircraft with British businessmen disappears in Brazil

May 4th, 2008 | By Sindh Today | Category: Business

DPA Rio de Janeiro, May 4 (DPA) A light aircraft carrying four British businessmen has gone missing in Brazil, local media reported Saturday citing aviation authorities. The twin-engine Cessna from the small airline Aero Star disappeared from radar late Friday over the north-eastern state of Bahia, the reports said.
The identities of the passengers has […]



Rice in Israel to revive Middle East peace talks

May 4th, 2008 | By Sindh Today | Category: Business

DPA Tel Aviv, May 4 (DPA) US Secretary of State Condoleezza Rice has arrived in Israel in a fresh attempt to revive Middle East peace talks by meeting Israeli and Palestinian officials. According to Israeli media, Rice is to meet with Israeli Premier Ehud Olmert in Jerusalem shortly after her arrival late Saturday, and […]



Rupee falls to record low

May 3rd, 2008 | By Sindh Today | Category: Business

KARACHI: The rupee fell on Saturday to a new record low and dealers said it might fall further due to high demand for the dollar from importers and on concerns about the economic outlook.



India undertaking heaviest airlifting to light up Kabul

May 3rd, 2008 | By Sindh Today | Category: Business

New Delhi, May 3 (IANS) India will begin its heaviest airlifting operations Sunday to transport five mega transformers to Kabul as part of its attempt to provide electricity to the Afghan capital. The air route is being preferred over sea and land to avoid delays and to minimise the risk of the transformers becoming […]



Karachiites irked by sale of milk at Rs 36-38 per litre

May 3rd, 2008 | By Sindh Today | Category: Business

ISLAMABAD: The milk sellers across the Karachi city are charging Rs 36/38 for one litre of milk in blatant contravention of the official fixed rate of Rs 34.
The city government revenue officials though vested with the magisterial powers, yet appear to have remained onlookers against the profiteers selling milk at higher prices, private news channel […]



FBR introducing new sales tax return system: Yousuf

May 3rd, 2008 | By Sindh Today | Category: Business

PESHAWAR: Federal Board of Revenue (FBR) is introducing a new system for sales tax registered firms in the country with special emphasis on simplifying sales tax return process and making it more transparent.
This was said by Chairman FBR, Abdullah Yousaf while talking with business community of NWFP during his visit to Sarhad Chamber of Commerce […]



Musharraf for more Japanese investments

May 3rd, 2008 | By Sindh Today | Category: Business

ISLAMABAD: President Pervez Musharraf on Saturday stressed the need for more Japanese investments and imports from Pakistan to achieve balance in bilateral trade.
The President was talking to Japanese Foreign Minister Masahiko Koumura, who called on him here also cooperate with each other at international fora, he said and hoped that economic relations between the two […]



Asean agrees to maintain rice price stability: minister

May 3rd, 2008 | By Sindh Today | Category: Business

JAKARTA: Asean trade ministers agreed on Saturday to help each other during the global food crisis and to take measures to maintain the stability of rice prices and boost production.
“(Asean) will help each other in stabilising the global (food) price and not take steps that will disrupt the price of rice,” Indonesian Trade Minister […]