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Monday, October 21, 2019

SBP quarterly report: Banking sector assets rise by 8%

KARACHI: Assets of the banking system grew by 7.7% to Rs7.1 trillion during October-December 2010 mainly because of investments in government papers and seasonal...

Transfer of power: Provinces demand end to NEPRA’s role in pricing

ISLAMABAD: Provinces have called for ending the role of the National Electric Power Regulatory Authority (Nepra) in determining power tariff and have demanded transfer...

New model, new price: Indus Motor unveils Corolla Altis

KARACHI: Indus Motor Company (IMC) unveiled the new 2011 Corolla Altis and GLi automatic variants on Tuesday. Toyota Corolla Altis has been introduced with an...

Another setback: NA panel blocks issuance of OGDCL bonds

ISLAMABAD: In another setback to the government’s plan to finance the budget deficit through non-traditional means, a National Assembly panel has opposed the issuance...

Local CNG Cylinders: Financial constraints stagnate initiative

ISLAMABAD: A project by the Ministry of Science to introduce locally made Compressed Natural Gas (CNG) cylinders is lying in doldrums due to lack...

Cell phones: People being tricked into buying cheap replicas

A gang of unscrupulous telephone vendors on Hall Road is fooling people into buying cheap imitations of expensive cell phones by showing them original...

Free trade phase-II: Talks with China on expanding ties in June

A delegation consisting of customs officers and commerce ministry representatives will visit China in June for the second round of the dialogue on Free...

Annual Plan 2011-12 : No concrete solutions to unemployment, poverty and energy crisis

Pakistan’s economic outlook for the next financial year remains fragile and success of upcoming budget hinges on national consensus on levying taxes, netting wealth...

Tax the ruling elite heavily

In wake of the current economic standing of the country where the development sector seems to be following a regressive pattern, experts have stated...

Govt approves 6% raise in petroleum prices

The government increased prices of petroleum products on Saturday by between 4.8 per cent and 11.8 per cent, on the heels of sharp rises...

Budget 2011: Finance Department balks at development ambitions

The political leaders and financial managers of the Punjab are at odds over the funds for the Annual Development Programme (ADP) 2011-12. The former...

IMF considers Pakistan economic managers deceitful

Pakistan’s request for a multi-billion-dollar bailout had initially been denied by the International Monetary Fund (IMF) in late 2008, and the loan was only secured...

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