SAN FRANCISCO: Microsofts chief financial officer said on Thursday that the US software giant is standing by its 44.6 billion dollar bid for Yahoo and the April 26 deadline it gave the struggling Internet pioneer […]
ISLAMABAD: The Private Power Infrastructure Board (PPIB), which reportedly has failed to materialise any new power project during the last eight years, has been directed by Water and Power Minister Raja Pervez Ashraf to draft […]
ISLAMABAD: The Federal Board of Revenue (FBR) has refused to suspend audit proceedings against certain units including a few Compressed Natural Gas (CNG) stations, despite pressure from a local trade association supported by a member […]
BY: RIZWAN BHATTI
KARACHI: Countrys current account deficit widened by 60 percent to all-time high peak of 9.8 billion dollars and over 6 percent of GDP during the first nine months of the current fiscal year, […]
ISLAMABAD: The Federal Board of Revenue (FBR) has allowed concessionary rate of 10 percent customs duty on the import of completely knock down (CKD) kits used in the manufacture of agriculture diesel engines (single cylinder) […]
BY: MUSHTAQ GHUMMAN
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has expressed its inability to modify its decision, taken in 1996, when, reportedly, the Punjab government had agreed to forego net profits from hydel […]
ISLAMABAD:Fresh bearish assault moved the entire ready-board in downward direction at the Islamabad Stock Exchange (ISE) where equities showed negative signs amid decrease in index. ISE-10 Index showed a decrease of 32.29 points, as it moved from 3,305.16 to 3,272.87 points.
KARACHI: The 120 million-dollar DHA Congen Limited (DCL) plant has started supplying 80 megawatts of electricity to Karachi Electric Supply Corporation (KESC). This was stated by DCLs Chief Executive Officer (CEO) Waqas Mohsin while speaking […]
KARACHI:The profit after tax of Pakistan Petroleum Limited (PPL) increased to Rs 5.676 billion in the period ended March 31, 2008 as compared to Rs 4.655 billion earned in the corresponding period in 2007. The board of directors of the company in its meeting held here on Thursday declared that the companys earning per share […]
KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has directed the Sindh Finance Department to immediately start working on the establishment of Sindh Bank and feasibility thereof. Chairing a briefing given by the Finance Department, […]