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1. Now Karachi is just 17 hours away by train
(Highlights/Business News)
... crore to the national exchequer in just a little over one year. In a statement issued here, Director Pak-Business Express Mian Shafqat Ali said that the nine-coach train is the smallest one but it is ...
Friday, 03 May 2013
Targetting a record procurement of over 140 lakh tonnes this season, the Punjab government has set aside Rs.18,998 crore for wheat procurement this season. A Punjab government spokesman said here Thursday ...
Friday, 05 April 2013
3. Rs0.63 per unit power tariff hike
(Highlights/Business News)
...  40 crore units of electricity was generated at a fuel cost of Rs43billion 38crore and 60 lac during the month of March, while 37crore and 60 lac unit additional losses surfaced under headline losses i ...
Wednesday, 03 April 2013
4. Irsa body fails to reach consensus
(Highlights/Business News)
... 11 crore acre feet of total flow of water during Kharif season from April to September, the sources added. During the course of this important meeting the body was informed that Mangla and Terbela dams ...
Tuesday, 26 March 2013
... that strict action be taken against ODGCL for purchasing defective drilling machinery worth about Rs 49 billion and 68 crores. Over the revelation of massive Rs 50 billion losses in OGDCL, the legislative ...
Friday, 15 February 2013
... G) during next financial year. Total income of the gas utility during upcoming financial year will stand at Rs256 billion, 76 crore and 90 lakhs while it will sale out gas worth Rs 234 billion to its consum ...
Saturday, 09 February 2013
... In about 20 years, that policyholder would probably receive about one crore rupees at an annual rate of close to 13.5 percent. Quaid-e-Azam Muhammad Ali Jinnah was himself quite keen on extending insurance ...
Monday, 04 February 2013
(Economic Updates/Economic Fundamentals)
Monday, 24 December 2012
9. Getting NIB to write
(Highlights/Business News)
Monday, 17 December 2012
10. LPG rate pumped up by Rs 5 per kg
(Highlights/Business News)
... Pakistan in a statement has informed that as influential marketing companies were fleecing the consumers with unfair skyrocketing prices of the commodity and earning heavy Rs2crores unjustly on da ...
Saturday, 21 July 2012
Monday, 18 June 2012
... ed oil companies currently lose Rs 512 crore per day on selling diesel, domestic LPG and kerosene. Diesel is currently sold at a loss of Rs 15.35 a litre, kerosene at Rs 32.98 per litre l ...
Saturday, 26 May 2012
13. Oil companies warn of fuel supply cuts by Government
(Commodities/International Oil Report)
... per cylinder of LPG. In the 2012 fiscal, retailers have incurred a loss of Rs 1,38,406 crore. The minister also said that although petrol price has been deregulated from June 26, 2010, companies  ...
Monday, 30 April 2012
... nt man... I'm not giving up," the UK-based tycoon added while expressing concerns about slow decision-making a day after the prime minister launched his joint-venture, 20,000-crore refinery in Punj ...
Monday, 30 April 2012
15. LPG vehicle owners worried as price hiked
(Highlights/Business News)
...  fuel launched by the Indian Oil Corporation (IOC) a few years ago. The IOC has set up four auto gas outlets one each in Bokaro, Dhanbad and two in Jamshedpur, with an investment of Rs 2.5 crore.  ...
Thursday, 26 April 2012
16. Edhi collects money for Pak crewmembers kidnapped by Somali pirates
(Economic Updates/Pak Major Financial News)
Wednesday, 25 April 2012
17. TCS Q4 EBIT likely to fall 5% at Rs 3 675 cr
(Highlights/Business News)
... crore in the fourth quarter of financial year 2011-12, degrowth of 1.7% as compared to Rs 2,886.6 crore in the previous quarter. Earnings before interest and tax (EBIT) is likely to fell by 4.84% to ...
Monday, 23 April 2012
18. Cut & polished diamond exports dip 22% in FY12
(Weekly Updates/Rupee in a flash)
...  during the previous year, according to the data released by gem and jewellery export promotion council. Export revenue in rupee terms dipped 13.64 per cent from Rs 128514 crore to Rs 110978 crore. I ...
Saturday, 21 April 2012
19. India remains world largest arms importer
(Highlights/Business News)
... DIB, albeit in a haphazard manner, even as it continues to restrict FDI to only 26% in the defence production sector. Foreign vendors who bag arms deals over Rs 300 crore, of course, have to plough back ...
Monday, 26 March 2012
Wednesday, 14 March 2012
21. Someone must be trusted, let it be the judges
(Economic Updates/Exclusive Articles)
... loss of Rs 360 billion a year due to nepotism, corruption, mismanagement. This means this poor country is suffering a loss of Rs 100 crores a day every day of the year.The government makes the nation ...
Wednesday, 14 March 2012
22. Pakistan beckons as market to HPCL
(Highlights/Business News)
...  The nine million-tonne project, planned with an outlay of Rs.19,000- crore, was conceived to meet growing need for petroleum products in the North. Pakistan will be an added bonus as a market and  ...
Wednesday, 07 March 2012
23. Balochistan Package: an economic disaster?
(Economic Updates/Exclusive Articles)
... at work with the individuals. A total of Rs 25 crores per member, I understand is allocated for development work yet there is no development in the areas. If there is, I at least, did not see it. Balochistan ...
Saturday, 14 January 2012
24. Government has no business to be in business - II
(Economic Updates/Exclusive Articles)
... has some relevance for Pakistan where thousands of crores of rupees had been invested in government-owned enterprises, which are loss-making, yet are not being privatised. It is unfortunate that profit-making ...
Monday, 26 December 2011
... consumers in October, sources said, adding that these oil companies collected Rs 98 crore in one month that were disclosed as Oil and Gas Regulatory Authority (Ogra) took serious notice while monitoring ...
Friday, 11 November 2011
... production of important crops has been increased during the last three years and a record production of one crore and 90 lakh ton of wheat was yielded during the last year while Punjab has also exported ...
Saturday, 22 October 2011
27. Ogra ready to drop gas bomb on nation
(Economic Updates/Pak Major Financial News)
... of 2012. Documents further informed that SNGPL has sought tariff hike by up to Rs54.45 per mmbtu in a bid to meet the requirement of revenue shortfall worth Rs 30 billion, forty crores and 90 lacs for ...
Thursday, 20 October 2011
28. Ogra ready to drop gas bomb on nation
(Highlights/Business News)
... of 2012. Documents further informed that SNGPL has sought tariff hike by up to Rs54.45 per mmbtu in a bid to meet the requirement of revenue shortfall worth Rs 30 billion, forty crores and 90 lacs for ...
Thursday, 20 October 2011
29. Decision-making and Devolution
(Economic Updates/Exclusive Articles)
... under. The wheat crop maximisation project on the other hand was a disaster. The old and the new leaders were at best policemen on the beat. The 12 crores of rupees given to a person who had in 40 years ...
Saturday, 27 August 2011
30. Pak mangoes to sweeten US ties
(Highlights/Today's Pick)
... tani exporter of $ 1 million fruit would be getting around Rs 8. 5 crore as he noted the immense commercial value of mangoes. He also underscored the symbolic importance of Pakistani mangoes to br ...
Monday, 01 August 2011

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