Friday, February 10, 2012
- 9 sentenced for London Stock Exchange terror plot
- Greece reaches deal on austerity
- CJ takes suo motu notice of Lahore factory collapse
- India, Pakistan trade can reach $10 bn by 2015: CII
- Terror trial of accused Bali bomber starts Monday
- Warrant issued for ex-Maldives president
- Nato supplies continue through Pak airspace: Munter
- Contempt appeal: SC asks Aitzaz to complete arguments on Friday
- Khar says drone attacks multiply militants
- Tax collection registers increase of 26%: Hafeez Shaikh
Trading hit by petroleum price-hike
Following yesterday's enhancement in prices of petroleum products, trading here today went sluggish. Karachi Retail Grocers Group's General Secretary, Fareed Quraishi told this to newsmen. He said that the hike in prices of petroleum products trigger change reactions, which also lead to spiraling of prices of food items. Fareed Quraishi further said that the citizens' purchasing power appears waning and the volume of trading has also shrunk by 50 to 60 percent. Bilal Traders' Abdul Waheed told newsmen that the inflation rate would further go up.
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