Owners shut down CNG stations indefinitely
The Compressed Natural Gas (CNG) station owners have decided to indefinitely close down filling stations in Karachi and other cities across the country causing hardships to citizens, DawnNews reported on Monday. more... (D)
ECC raises wheat price to Rs1200/40-kg
The Economic Coordination Committee (ECC) of the Cabinet has fixed Rs1200 per 40 kilograms support price of wheat.
The Economic Coordination Committee (ECC) of the Cabinet met here Thursday under the chairmanship of Federal Minister for Finance and Economic Affairs, Dr. Abdul Hafeez Shaikh to discuss various agenda items of national importance.
The following decisions were taken in the meeting. more... (FD)
Textile exports up 5pc during Jul-Oct
The textile exports from the country increased by 4.78 percent during the first four months of the current fiscal year as compared to the same period of last year.
During the month of October 2012, the exports of textile products increased by 10.5 percent and 1.21 percent when compared to the exports of October 2011 and September 2012 respectively, according to the data of Pakistan Bureau of Statistics (PBS).
FBR all but concedes failure in achieving tax targets
Without parliament’s approval for the tax amnesty bill, this year’s tax collection will sink to Rs2.194 trillion – Rs187 billion less than the target – as the economy has lost its resilience, tax officials have warned. more... (ET)
Lucky Cement eyes plant in India
Lucky Cement is contemplating to establish a cement plant in India following the successful completion of the feasibility study. The Lucky Cement was encouraged for the move after initiating its foreign cement projects (manufacturing units in Iraq and Congo). more... (DT)
IP gas pipeline: Iran wants assurance that Pakistan is ‘all in’
Iran once again is pushing the financing issue regarding the Iran-Pakistan (IP)gas pipeline as it assures extending a $500 million loan to Pakistan on the condition that Islamabad will not turn its back on the project. more... (ET)