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Riffat Mughal

PM lays Foundation Stone of Bhasha Dam - 0 views

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    CHILAS: Prime Minister Syed Yusuf Raza Gilani Tuesday laid foundation stone of the US 12 billion dollar Diamir Bhasha dam that would generate 4500 MW electricity and store over 8 Million Acre Feet of water to meet country's growing power and irrigation needs.
Riffat Mughal

FDI falls 49pct in July-Sept - 0 views

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    KARACHI: The foreign investment plunged enormously by 49 per cent to $236 million in the first quarter (Jul-Sep) of the current fiscal 2012, according to the latest statistics released by State Bank of Pakistan (SBP).
Riffat Mughal

Bhasha dam foundation stone to be laid today - 0 views

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    ISLAMABAD: Foundation laying stone of Diamir Bhasha dam will be held on Tuesday (today). President Asif Ali Zardari will be the chief guest of groundbreaking ceremony.
Riffat Mughal

Dubai Islamic Bank launches Al Islami Emerging Cappuccino Certificate - 0 views

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    UAE: Dubai Islamic Bank (DIB) announced on Monday the launch of the Al Islami Emerging Cappuccino Certificate, a four-year Islamic certificate backed by Sharia-compliant assets.
Riffat Mughal

Govt to announce SBP governor name today - 0 views

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    KARACHI: Government is likely to announce the name of State Banks Governor today as the deadline for appointing a governor of central bank has been expired on Monday.
Riffat Mughal

LCCI demands 25pc regulatory duty on copper export - 0 views

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    LAHORE: Lahore Chamber of Commerce and Industry demanded, Federal Board of Revenue to impose 25 percent regulatory duty on copper export.
Riffat Mughal

Weekly inflation moves up - 0 views

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    KARACHI: The Sensitive Price Indicator (SPI) has registered an increase of 0.24 percent for the week ended on October 13 over the previous week.
Riffat Mughal

OGDC to restart operations in rain affected areas - 0 views

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    KARACHI: Oil and Gas Development Company Ltd (OGDCL) will resume its operation in the rain-affected areas with full pace as soon as rainwater is receded in exploration blocks.
Riffat Mughal

Mari Gas makes significant discovery in Karak - 0 views

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    ISLAMABAD: Mari Gas Company Limited (MGCL) made a significant crude oil discovery on Thursday, with the additional potential of Associated Gas, during the drilling of Halini Well in its operated Karak Exploration Block.
Riffat Mughal

Askari Islamic Banking recovers - 0 views

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    KARACHI: Askari Islamic banking business recovered from huge losses reported last year. In current year, it recovered 95.33 percent year on year (YoY) of the losses.
Riffat Mughal

NRL board to meet on Oct 20 - 0 views

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    KARACHI: As the first quarter of new financial year has come to an end, all listed companies on Karachi Stock Exchange (KSE) are busy in arranging their board meetings to consider the quarterly financial results.
Riffat Mughal

3-mth fiscal deficit 1.1pct of GDP - 0 views

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    KARACHI: Pakistan's fiscal deficit for the first three months of fiscal year 2011/12 was 1.1 percent of gross domestic product, a Finance Ministry official told Reuters on Wednesday.
Riffat Mughal

FFBL, FFC raise urea prices - 0 views

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    KARACHI: Fauji Fertilizer Company (FFC) and Fauji Fertilizer Bin Qasim Limited (FFBL) have raised urea prices by Rs 202 per 50kg bag on Tuesday.
Riffat Mughal

POL board meeting on Oct 18 - 0 views

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    KARACHI: As the first quarter of new financial year has come to an end, all listed companies on Karachi Stock Exchange (KSE) are busy in arranging their board meetings to consider the quarterly financial results.
Riffat Mughal

Inflation likely to reverse after SBP decision - 0 views

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    KARACHI: The recent decision of State Bank of Pakisan (SBP) to bring flexibility in monetary stance could spur economic growth slightly but it is likely that inflation could again pick up its momentum due to expected increase in liquidity position, according to the Arif Habib research note.
Riffat Mughal

Agritech reports loss of Rs 295.221mln in FY11 - 0 views

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    KARACHI: Agritech Limited (AGL) declares loss of Rs 295.221 million for the year ended on June 30, 2011 as against profits after taxation of Rs 853.248 million in the previous year.
Riffat Mughal

Car sales gear up by 27 percent - 0 views

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    KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.
Riffat Mughal

Remittances surge by 25 percent to $3.3bln - 0 views

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    KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).
Riffat Mughal

Sept trade deficit narrows to $1.786bln - 0 views

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    KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.
Riffat Mughal

Shares rise after china bank move, euro firm - 0 views

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    SINGAPORE: Asian shares rose on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session's big gains on hopes that European leaders are finally taking action to protect the continent's lenders.
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