LCCI demands release of refunds/RPO on “first come first serve” basisLAHORE: The Lahore Chamber of Commerce and Industry has demanded of the Federal Board of Revenue (FBR) to release income tax & sales tax refunds/RPO on a "first come, first serve" basis. The deman...
Yellow metal price remains on correction, closes firmKARACHI: Yellow metal price in domestic and international market remained on technical correction with slight improvement in physical retail prices as it was traded in open band. Investors in leading...
Kenya’s poverty-stricken Turkana district dreams of oil wealthLODWAR: The Turkanas are one of the smaller of Kenya's 44 tribes, inhabiting the county of Turkana in the remote far north bordering South Sudan, Ethiopia and Uganda. Turkana is also the second-larges...
Buying of better grades remains on the higher side during trading at lint marketKARACHI: Trading activity at the cotton market remained moderate, as more than 3,600 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained intact at Rs 7,000 per maund. Leading...
Pakistan stocks plunge as US stocks falls most in six yearsKARACHI: Turmoil in the global equity and commodity markets dampened the investors' sentiment at the Pakistan Stock Exchange (PSX) during the outgoing week as the KSE100 index declined by 1.1 percent...
Decoupling-enigmatic trailDow Jones witnessed incessant beat of the music, rendered by the speculative market stakeholders and unchanged federal policy rate amid the induction of Jerome Powel as the new chair of Federal Reserv...
APTMA chairman demands a uniform energy priceLAHORE: The All Pakistan Textile Mills Association (APTMA) Chairman Aamir Fayyaz has demanded a uniform energy price of Rs 600 per MMBTU to revive the $4 billion closed capacity in Punjab in addition...
FWO starts work of up-gradation, widening of Skardu-Jaglot roadRAWALPINDI: Frontier Works Organisation (FWO) has commenced the arduous task of up-gradation and widening of Skardu-Jaglot Road, Inter-Services Public Relations (ISPR) said in an official statement on...