KARACHI (PR): The Board of Directors of ICI Pakistan Limited has announced the financial results for the quarter ended March 31, 2013.  Higher volumes in the Polyester and Soda Ash businesses resulted in net sales income of PKR 9.3 billion which was 13% higher than same period last year. The ...

Information and communication technology has had profound effects on every aspect of human life. Google now-a-days is half-jokingly referred to as the man’s best friend. But in order to reach Google, one needs ‘Access’There are three main ingredients to it – Services, ...

LAHORE – On the recent pretext of fuel price hike, the transporters on Wednesday jacked up the fares by five to 10 per cent at inter-city routes. The increase in fare is second time in one month as the last raise of 15 per cent had been made on Dec 3, 2011.According to the new fares table, ...

The Petroleum Ministry has decided to impose 10 percent development surcharge on CNG from February, Secretary Petroleum revealed during a briefing to National Assembly’s Standing Committee on Petroleum and Natural Resources. The committee, which met here with MNA Talib Nakai in the chair, ...

ISLAMABAD - The government, in a discriminative move by giving exemption to oil refineries engaged in producing LPG, is gearing up efforts to jack up LPG prices by imposing 10 percent petroleum levy (PL) on selective local LPG producers, it has been learnt. The proposal to impose PL will affect LPG ...

ISLAMABAD - Apart from rendering thousands of daily wageworkers unemployed, the ongoing gas shortage in the country has badly hit the countrys exports, as it went down by 10.67 percent in one-month period. The ongoing gas crisis had compelled hundred of industries to shut down their production in ...

KARACHI - Oil sales volume during the first month of current financial year increased by 10 per cent to 1.9m tons. According to provisional data released on Monday, the YoY growth in oil sales for the industry was driven by rising demand for Furnace Oil (FO) sales, which soared by 7 per cent, from ...

WASHINGTON (AFP) - The troubled US labor market saw a dramatic improvement in November as the number of jobs lost narrowed to 11,000 and the unemployment rate dipped to 10.0 percent, official data showed Friday. The Labor Department jobs figures showed a massive improvement from October and earlier ...

KABUL (AFP) - More than 10 percent of planned voting stations could be closed in Afghanistan during landmark elections because of safety fears, officials said Thursday, as escalating violence killed 14 civilians. As the August 20 polling day looms, fears of violence and suicide attacks are growing ...

KARACHI- Agricultural credit disbursement by commercial and specialized banks rose 10.14 per cent year-on-year to Rs 233.01 billion in the 2008-09 fiscal year (FY09). In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 21.449 billion in FY09 when compared with ...

KARACHI - The fertilizer off-take has increased by 10 per cent in two months of calendar year 2009, The Nation learnt on Friday. According to the latest fertilizer data released by the National Fertilizer Development Centre (NFDC), the fertilizer off-take stood at 1,150k tons in two months ...

Finance Advisor, Sahukat Tareen has said that Pakistan has succeeded in controlling the inflation rate, which would be brought down by June to 10 percent from 25. Finance Advisor, Shaukat Tareen in a meeting with the Islamic Development Bank (IDB) president, Dr. Ahmad Ali told this here. The ...

ISLAMABAD (APP) - A major oil and gas discovery is needed to meet the growing energy demand as the annual increase by almost 10 percent in gas consumption is widening the gap between demand and supply. "The net demand for natural gas has increased by almost 10 percent annually during fiscal year ...

KARACHI - Volumetric sales of refineries in second month of FY09 witnessed a decrease of 10 percent Year-on-Year, mainly due to higher imports of POL products in Jul-08. The higher imports in the previous month contributed to inventory stock builds, thus reducing refineries off take. Cumulative ...

KARACHI - The 57th Annual General Meeting (AGM) of Pakistan Petroleum Limited (PPL) approved 10% bonus shares in addition to the two interim dividends of 155% on Ordinary Share Capital already paid to the shareholders during the year 2007-08. A large number of shareholders attended the AGM - ...

LAHORE - In order to make the Privatisation Policy pro-workers, the workers of public sector units will be given 10 percent shares of their respective entities. Federal Minister for Privatisation, Investment, Finance, Revenues & Economic Affairs Syed Naveed Qamar announced while chairing a ...

KARACHI - All Pakistan Textile Mills Association (APTMA) has urged the government to exempt the textile industry from the levy of 10 percent Withholding Tax (WHT) on electricity bills amount exceeding Rs 20,000 per month announced in the federal budget 2008-09. In a statement issued here on ...

ISLAMABAD- Contrary to what the previous rulers claimed, the government Wednesday issued a bare factsheet on economic front, which negated all tall claims of "unprecedented economic growth", breaking the begging bowl and taking the poor out of poverty. Unearthing what the Pakistan Democratic ...